euro adhoc: EIC Electricity SA
Annual & Special Corporate Meetings
Increase of valuation of Private Equity Portfolio
Date for General Assembly. (E)

--------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. ---------------------------------------------------------------------

The investment company EIC Electricity SA ("EIC") informs that it has increased the valuation of its private equity portfolio retroactively per December 31, 2002. The revaluation was based on information that EIC has received from the companies it is invested in. As a result of the revaluations, EIC’s Net Asset Value per share ("NAV") has increased from 66.19 CHF to 67.10 CHF (+1.37%) per December 31, 2002. EIC also informs that the company’s General Assembly will take place on March 14, 2003. At the General Assembly, ordinary and extraordinary items are scheduled. A group around Toff AG proposes a reduction of the par value of the EIC shares.

EIC is listed on the Swiss Exchange (SWX) and on the Frankfurt Securities Exchange (Bloomberg: EIC SW Equity / EIV GR Equity). The company is specialized in investments in power generation, transmission, trading and distribution. For further inquiries please contact: Dominique Candrian, EIC Partners AG, Phone: +41 43 844 10 02.

end of announcement            euro adhoc 10.02.2003

Further inquiry note: Herr Dominique Candrian, EIC Partners AG, +41-43-844 10 02.

Branche: Electricity Production & Distribution
ISIN:      CH0007162958
WKN:        940179
Index:    Investment Index (IGSP)
Börsen:  Frankfurter Wertpapierbörse / official dealing
              SWX Swiss Exchange / official dealing

Weitere Meldungen: EEII AG

Das könnte Sie auch interessieren: