New function for Polish executive in the Vattenfall Group

11/8/2001 5:11 AM EST

Piotr Kukurba, currently Chairman of the Management Board of the Polish
distribution company Górno¤l¹ski Zak³ad Elektroenergetyczny S.A. (GZE),
is to take up a new post as an expert and adviser to the Vattenfall
Group.

"Over the last ten years, Piotr Kukurba has done a good job as Chairman
of the management board during a period with a lot of changes, including
the privatization of GZE. We are pleased that Piotr Kukurba has agreed
to provide advisory services, in particular on regulatory issues, to the
Vattenfall Group" says Hannu Kostiainen, President and General Manager,
Vattenfall Poland.

The new Chairman of the management board of GZE will be the company's
current member of the management board, Piotr Ko³odziej.

Vattenfall owns 31.8 per cent of the shares of GZE and has an option to
become the majority shareholder in just over a year's time.

Issued by Vattenfall's Press Office, telephone +46 8 739 50 10.

For further information, please contact:
Hannu Kostiainen, President and General Manager, Vattenfall Poland,
telephone +48228209200, mobile +358400321654.

Vattenfall's vision is to be a leading European energy company. Today,
Vattenfall generates power and supplies energy solutions to several
million customers in the Nordic region and northern Europe. The largest
electricity customers are industrial plants and energy companies.
Vattenfall's main products are electricity and heat. The Group's net
sales in 2001 are estimated to over SEK 60 billion. For more
information, see www.vattenfall.com