Eesti Energia in brief

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Eesti Energia in brief
Leading Baltic energy utility Established as
an enterprise in 1939, incorporated as a
public limited company in 1998 100 shares
owned by Estonian Government Eurobond (300
million) listed on the London Stock Exchange
Credit Ratings A- (Standard Poors) A1
(Moodys) Number of residential clients 480
000, 22 000 business clients Largest employer
in Estonia, employing 8 700 people in the end of
financial year 2005/2006
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The Mission of Eesti Energia
To devote all of our energy for the good of the
people
The Vision of Eesti Energia for 2015
To sell energy to two million customers in the
Baltic Sea region
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Strategic goals 2006 - 2010
Network quality Expansion of the product
portfolio New connections, products and markets
Prospects for growth in the electricity business
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Network quality
OÜ Jaotusvõrk in 2010 distribution network
failures will have been reduced by 50
distribution network losses will have been cut
back to 7 all of the customers voltage
problems will have been solved
OÜ Põhivõrk in 2010 the number of power line
and substation failures will have been reduced by
20 power line and substation maintenance
expenses will have been reduced by 20 80 of
the 330 kV substations in Estonia will have been
modernised
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Expansion of the product portfolio
We will continue to develop the technology for
the production of electricity from oil shale
We will participate in nuclear power plant
development projects We will prioritise
co-generation and renewable energy We will set up
combustion turbines as a backup to wind energy
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New connections,products and markets
Expansion of the options provided by oil shale
The establishment of a second Estonian-Finnish
submarine cable
We aim to secure a 10 share of the Estonian
Internet service market by 2010
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Prospects for growth in the electricity business
To launch sales in the Finnish electricity market
in 2007 We will launch sales to Finland after
the completion of the Estlink project
To acquire distribution network companies We
are interested in acquiring distribution network
companies in the Baltic States
To enter partnerships with energy companies in
the Nordic countries and Baltic States We are
willing to pursue various projects in
co-operation with different energy companies
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Euroopa kaart
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Eesti Energia the leading utility in the
Baltics
Assets, m
Power generation, TWh
Revenues, m
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Business mix of Eesti Energia

Oil Shale Mining
Revenues (FY 05/06)
Reserves 441 million tonnes Annual production
13 million tonnes
Mining 4
Generation
24
100 owned subsidiary
Supply
Transmission
Principally oil shale fired Installed capacity
2,603MWe / 1,081MWth
Generation
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1
Distribution
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100 owned subsidiary
EBIT (FY 05/06)
Covers whole of Estonia 5,200 km network
Mining
Transmission
Distribution 13
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Supply 1
100 owned subsidiary
Generation
Transmission10
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Covers 92 of the population 60,000 km of
over-head lines 6,200 km of underground cables
Distribution
Net Fixed Assets (FY 05/06)
100 owned subsidiary
Mining
Other
2
5
500,000 customers Trading companies Solidus Oy
Finland SIA E. Energy Latvia UAB Lumen Balticum
Lithuania
Supply
Transmission
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Generation
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Distribution
Business unit of EE
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Data from 01.01.2007 Intra-company
sales are excluded
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Power generation is based on national resource
oil shale
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Main financial indicatorsof the group
2006/07 2005/06 2004/05
2003/04 2002/03
January 2006 December 2006
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Net sales
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Sales of electricity
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Sales of heat
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Cash flows from operating investing activities
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Investments
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Net debt 2005/06
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Leverage
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Eesti Energia structure (1/5)
Council
Board

• Meelis Atonen
• Värner Lootsmann
• Toomas Luman
• Tiit Tammsaar
• Janno Reiljan
• Mihhail Stalnuhhin
• Urmas Sõõrumaa
• Heido Vitsur

Sandor Liive Harri Mikk Margus Kaasik Raine
Pajo Tiit Nigul
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Eesti Energia structure (2/5)
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Eesti Energia structure (3/5)

• Sales of electric power, preservation and
  development of customer relations
• 63 Kadaka road, 12915 Tallinn, Estonia
• Tel [phone]
• Fax [phone]
• E-mail teenindus_at_energia.ee
• www.energia.ee

• Supply and Customer Service
• OÜ Jaotusvõrk
• OÜ Põhivõrk
• Nordic Energy Link
• Narva Elektrijaamad
• OÜ Iru Elektrijaam

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Eesti Energia structure (3/5)

• Supply and Customer Service
• OÜ Jaotusvõrk
• OÜ Põhivõrk
• Nordic Energy Link
• Narva Elektrijaamad
• OÜ Iru Elektrijaam

• Provision of electric power distribution services
  through the low-voltage and medium- voltage
  network with a voltage of up to 35 kV
• 63 Kadaka road, 12915 Tallinn, Estonia
• Tel [phone]
• Fax [phone]
• E-mail jv_at_energia.ee
• www.jaotusvork.ee

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Eesti Energia structure (3/5)

• Supply and Customer Service
• OÜ Jaotusvõrk
• OÜ Põhivõrk
• Nordic Energy Link
• Narva Elektrijaamad
• OÜ Iru Elektrijaam

• Transmission of electric power from manufacturers
  to network companies and major industrial
  customers responsibility for continual operation
  of the power system
• 42 Kadaka road, 12915 Tallinn, Estonia
• Tel [phone]
• Fax [phone]
• E-mail pv_at_energia.ee
• www.pohivork.ee

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Eesti Energia structure (3/5)

• Supply and Customer Service
• OÜ Jaotusvõrk
• OÜ Põhivõrk
• Nordic Energy Link
• Narva Elektrijaamad
• OÜ Iru Elektrijaam

Holder and operator of the Baltic - Finnish
submarine cable Estlink 24 Laki str., 12915
Tallinn, Estonia Tel [phone] Fax 372 715
2200 E-mail info_at_nordicenergylink.net www.nordice
nergylink.com
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Eesti Energia structure (3/5)

• Production of electric and thermal power from oil
  shale and its sales
• 4 Sepa str., 20306 Narva, Estonia
• Tel [phone]
• Fax [phone]
• E-mail nej_at_nj.energia.ee
• www.powerplant.ee

• Supply and Customer Service
• OÜ Jaotusvõrk
• OÜ Põhivõrk
• Nordic Energy Link
• Narva Elektrijaamad
• OÜ Iru Elektrijaam

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Eesti Energia structure (3/5)

• Co-production and sales of heat and electricity
• 105 Peterburi road, 74114 Maardu, Estonia
• Tel [phone]
• Fax [phone]
• E-mail iru_at_energia.ee
• www.iruenergia.ee

• Supply and Customer Service
• OÜ Jaotusvõrk
• OÜ Põhivõrk
• Nordic Energy Link
• Narva Elektrijaamad
• OÜ Iru Elektrijaam

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Eesti Energia structure (4/5)

• Thermal power production, transmission and sales
  to Jõhvi district in Kohtla-Järve
• 1 Ritsika str., 31027 Kohtla-Järve, Estonia
• Tel [phone]
• Fax [phone]
• E-mail kj_at_soojus.ee
• www.kjsoojus.ee

• AS Kohtla-Järve Soojus
• Taastuvenergia ettevõte
• AS Eesti Põlevkivi
• Televõrgu AS
• AS Elektriteenused
• AS Elpec

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Eesti Energia structure (4/5)

• The development and operation of renewable energy
  projects
• 24 Laki str., 12915 Tallinn, Estonia
• Tel [phone]
• Fax [phone]
• E-mail info_at_energia.ee
• www.energia.ee

• AS Kohtla-Järve Soojus
• Taastuvenergia ettevõte
• AS Eesti Põlevkivi
• Televõrgu AS
• AS Elektriteenused
• AS Elpec

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Eesti Energia structure (4/5)

• Production and marketing of oil shale the
  related activities
• 10 Jaama str., 41533 Jõhvi, Estonia
• Tel [phone]
• Fax [phone]
• E-mail ep_at_ep.ee
• www.ep.ee

• AS Kohtla-Järve Soojus
• Taastuvenergia ettevõte
• AS Eesti Põlevkivi
• Televõrgu AS
• AS Elektriteenused
• AS Elpec

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Eesti Energia structure (4/5)
Business activities related to the data
communication main, provision of
telecommunication services to other power
companies 42 Kadaka road, 12915 Tallinn,
Estonia Tel [phone] Fax 372 715
1288 E-mail tv_at_energia.ee www.televork.ee

• AS Kohtla-Järve Soojus
• Taastuvenergia ettevõte
• AS Eesti Põlevkivi
• Televõrgu AS
• AS Elektriteenused
• AS Elpec

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Eesti Energia structure (4/5)

• Construction, maintenance and repair of power
  networks inspection of the implementation of
  electrical installations and their compliance to
  the requirements
• 3 Ilmatsalu str., 51014 Tartu, Estonia
• Tel [phone]
• Fax [phone]
• E-mail et_at_energia.ee
• www.elektriteenused.ee

• AS Kohtla-Järve Soojus
• Taastuvenergia ettevõte
• AS Eesti Põlevkivi
• Televõrgu AS
• AS Elektriteenused
• AS Elpec

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Eesti Energia structure (4/5)

• Complex design of electrical equipment
  supervision of the related construction, assembly
  and repair work, consulting
• 63 Kadaka road, 12915 Tallinn, Estonia
• Tel [phone]
• Fax [phone]
• E-mail elpec_at_elpec.ee
• www.elpec.ee

• AS Kohtla-Järve Soojus
• Taastuvenergia ettevõte
• AS Eesti Põlevkivi
• Televõrgu AS
• AS Elektriteenused
• AS Elpec

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Eesti Energia structure (5/5)

• Manufacturing of electrical equipment and
  electric power stations maintenance and repair
  of power equipment
• 9 Tallinna road, 20303 Narva, Estonia
• Tel [phone]
• Fax [phone]
• E-mail energoremont_at_energia.ee
• www.energoremont.ee

• AS Energoremont
• OÜ Elektrikontrollikeskus
• Solidus OY
• SIA E.Energy
• Oil Shale Energy of Jordan
• UAB Lumen Balticum

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Eesti Energia structure (5/5)

• The technical inspection of electrical
  installations and evaluation of their compliance
  with the requirements, and the assessment of the
  competence of and organisation of enhancement
  training for sole proprietors involved in the
  field of electricity
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• 59 Telliskivi str., 10412 Tallinn, Estonia
• Tel [phone]
• Fax [phone]
• E-mail ekk_at_eeinet.ee
• www.eeinet.ee

• AS Energoremont
• OÜ Elektrikontrollikeskus
• Solidus OY
• SIA E.Energy
• Oil Shale Energy of Jordan
• UAB Lumen Balticum

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Eesti Energia structure (5/5)

• The provision of services in the field of energy
  market portfolio and risk management,
  consultation and expert services
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• 20 A Vuorikatu, P.O. Box 1189, FI-00101
  HelsinkiTel 358 50 913 2801
• Fax [phone]
• E-mail tomi.pesonen_at_solidus.eu
• www.solidus.eu

• AS Energoremont
• OÜ Elektrikontrollikeskus
• Solidus OY
• SIA E.Energy
• Oil Shale Energy of Jordan
• UAB Lumen Balticum

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Eesti Energia structure (5/5)

• The sale of electric energy in the end-user
  market in Latvia
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• 10/12-18 Gertrudes str., Riga, Latvija
• Tel [phone]
• E-mail aivar.tihane_at_energia.ee
• www.e-energy.lv

• AS Energoremont
• OÜ Elektrikontrollikeskus
• Solidus OY
• SIA E.Energy
• Oil Shale Energy of Jordan
• UAB Lumen Balticum

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Eesti Energia structure (5/5)

• The research of opportunities in the field of
  oilshale oil production and commercial use
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• 24 Laki str., 12915 Tallinn, Estonia
• Tel [phone]
• Fax [phone]
• E-mail osej_at_energia.ee
• www.energia.ee

• AS Energoremont
• OÜ Elektrikontrollikeskus
• Solidus OY
• SIA E.Energy
• Oil Shale Energy of Jordan
• UAB Lumen Balticum

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Eesti Energia structure (5/5)

• Trade in electricity (including sale thereof to
  end customers), export and import of electricity,
  balancing services 
• 12A A.Gotauto str., LT-01108 Vilnius, Lithuania
• Tel [phone]
• Fax [phone]
• E-mail raul.kivari_at_energia.ee

• AS Energoremont
• OÜ Elektrikontrollikeskus
• Solidus OY
• SIA E.Energy
• Oil Shale Energy of Jordan
• UAB Lumen Balticum

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Eesti Energia has a unified personnel policy (1)

• We value employees, who are willing to do their
  job well and put in the effort to reach the
  goals needed
• We recognize our employees for a job well done
• We value cooperation between our employees and
  our companies
• We are client-friendly
• We value an economical attitude towards the
  companies assets

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Eesti Energia has a unified personnel policy (2)

• We envourage the constant development of our
  employees knowledge and skills. We value and
  support the employees personal initiative to
  learn and develop their skills
• We favor a healty lifestyle
• We take precautions to prevent job disability and
  harm by creating a suitable and safe working
  environment
• The employee and the employer are respectful and
  cooperating partners
• We cooperate with educational institutions to
  ensure a professional succession of energy
  specialists

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Distribution of employees by employment group
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The environmental policy of Eesti Energia (1)

• We implement, develop and use an environmental
  management system that complies with
  international standards (ISO 14001 and EMAS)
• We follow all the relevant Estonian and
  international environment-related legal acts
• We analyse the environmental impact of our
  operations in advance and reduce the negative
  impact of power production and transmission by
  way of technological solutions and innovation as
  well as by increasing efficiency, reducing losses
  and implementing management systems
• We apply the best available technology (BAT) and
  support sustainable development in Estonia by
  waste prevention, waste recycling and improved
  efficiency of the power system

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The environmental policy of Eesti Energia (2)

• We use the best available technology to apply
  renewable energy
• sources to a technologically and economically
  rational extent
• We are open to new solutions and co-operate with
  scientific
• research establishments and consultation firms to
  achieve
• our environmental goals
• Under equal conditions in procurement tenders, we
  prefer
• suppliers who have established a
  certified/verified environmental
• management system

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We sell Green Energy
Green Energy is electricity produced in an
environmentally sustainable way produced 100
from renewable energy sources in compliance with
all environmental requirements.
The mission of Green Energy is to help people
care for their surrounding environment Green
Energy is available to purchase to all customers
of Eesti Energy 10 cents from every kWh
consumed is donated to the Estonian Institute for
Sustainable Development, Stockholm Environment
Institute Tallinn Centre to support programs
encouraging energy efficiency Green Energy is
produced by 35 hydroelectric power stations and
18 windmills all over Estonia, that contribute
approximately 2 or 92 million kWh to the overall
energy consumption of Estonia By 2010, the
share of renewable energy in Estonia must rise to
5,1 in the overall production mix During
2005/2006 financial year a total of 6100 MWh of
renewable energy was produced in Eesti
Energia This year, the Keila-Joa hydroelectric
power station was re-opened
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Our social responsibility

• In addition to taking business-related
  responsibility, Eesti Energia also wishes to
  make a contribution to social development in
  general. In the financial year 2005/06, Eesti
  Energia Group supported various undertakings with
  a total of 0.4 million euros
• We support
• Lighting suitable sporting locations
• Development Fund of Tallinn University of
  Technology
• Tallinn Science and Technology Centre (Energy
  Centre)
• Social sphere
• We value and promote sustainable lifestyle
• Energy conservation portal
• Conservation project competition
• We finance the research and development of new
  energy production technologies
• 10 million euro Future Energy Fund

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To guarantee our clients a reliable electricity
supply decades down the road from now, Eesti
Energia is investing in future technologies that
will enable us to diversify our means of
producing energy.