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Siemens Secures Order from Hungary for Combined Cycle Power Plant

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Siemens AG
Wittelsbacherplatz 2
Munich, D-80333
Germany



Press release date: December 14, 2007

Erlangen, 2007-Dec-14 Siemens Power Generation (PG) has booked an order for a turnkey combined-cycle power plant in Gönyü, Hungary. The customer is E.ON Erömüvek Kft., a Hungarian subsidiary of E.ON Kraftwerke GmbH, Hannover. The total capital investment volume for this plants amounts to approximately EUR400 million, The plant is scheduled to go into operation for mid 2010.

Siemens PG is to construct a gas-fired power plant at Gönyü, in the growth region around the industrial city of Györ in northwest Hungary. The combined-cycle plant will feature an installed capacity of 430 megawatts (MW), sufficient to supply about 600,000 households with electricity.

The Siemens scope of supply includes a type SGT5-4000F gas turbine, a steam turbine and a water-cooled generator. Further items in the scope of supply are the heat recovery steam generator, the mechanical systems along with the electrical and instrumentation & control (I&C) systems. The contract also includes a service program with a duration of nine years.

"Thanks to its very high efficiency of better than 58 percent, this new combined-cycle plant will make a major contribution to ensuring secure, cost-effective and environment friendly power supply for Hungary", said Dietmar Siersdorfer, President Energy Solutions, Siemens Power Generation. "This project will also help to reduce Hungary's dependence on electricity imports." The Power Generation Group (PG) of Siemens AG is one of the premier companies in the international power generation sector. In fiscal 2007 (which ended September 30), Siemens PG posted sales amounting to more than EUR12 billion and received new orders totaling approximately EUR18 billion, according to IFRS. Group profit amounted to EUR1.147 billion. On September 30, 2007, PG had a work force of more than 40,400 worldwide. Further information at: www.siemens.com/powergeneration. Reference Number: PG200712.013 e

Press Office Power Generation Mr. Alfons Benzinger P.O.Box 32 20 D-91050 Erlangen Tel: +49-9131 18-7034 Fax: +49-9131 18-7039 alfons.benzinger@siemens.com
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