NABUCCO COMMUNIQUE OF JUNE 1ST 2011 The Project Support Agreements for the "Nabucco" project will be signed on June 8th, in Kayseri, Turkey

- The Project Support Agreements will be signed in Turkey by the Nabucco companies and by the governments in the countries that the pipeline will transit through.

- The aforementioned agreements will ensure the protection of the Nabucco pipeline against any discriminatory changes in legislation.

- The signing is a significant step in the advanced stage for the development of the Nabucco pipeline.

- The Project Support Agreements for the Nabucco pipeline were completed and will b e signed by the Nabucco companies and by the ministries of the 5 transit countries (Austria, Bulgaria, Hungary, Romania and Turkey) as part of an official event that will take place in Kayseri, Turkey, on June 8th.

Reinhard Mitschek, Managing Director of Nabucco Pipeline International GmbH, said: "The Project Support Agreements are an important step towards the advanced development stage of the Nabucco pipeline.

Together with the Intergovernmental agreement, these agreements are required to ensure successful financing of the project\".

The main elements of the PSA are the affirmation of an advantageous regulatory transit regime under EU and Turkish energy law, the protection of the Nabucco pipeline from potential discriminatory law changes, and support for legislative and administrative actions to further implementation of the project. The PSA also marks a commitment of each government to support the project.

- The Project Support Agreements are based on the current legislation and they are protecting the Nabucco project against new laws, which could have a negative impact.

• About Nabucco

Nabucco is the new bridge for natural gas between Asia and Europe. It will directly connect the regions which are the richest in natural gas - the Caspian region and the Middle East, with the gas consumers of Europe. The pipeline will connect the Eastern border of Turkey and Baumgarten in Austria - one of the most important natural gas terminals in Central Europe - going through Bulgaria, Romania and Hungary.

• About Nabucco Gas Pipeline International GmbH

Nabucco Gas Pipeline International GmbH (NIC) was set up on June 24th, 2004 to develop, build and operate the Nabucco pipeline.

Headquartered in Vienna, it is an unbundled midstream-company under EU law. NIC is owned by the Nabucco shareholders and is responsible for the development, construction, operation and capacity trading and allocation for the Nabucco pipeline.

NIC will be the only company in direct contact with the shippers and will offer a one-stop-shop solution, operating as an independent economic entity in the market, and acting independently from its parent companies. The pipeline system will be constructed by the National Nabucco Companies (NNCs), which are subsidiaries of NIC in each of the transit countries.

• Shareholder Structure

The shareholders of Nabucco are: OMV (Austria), MOL (Hungary), Transgaz (Romania), Bulgarian Energy Holding (Bulgaria), Botas (Turkey) and RWE (Germany).

Each shareholder owns a stake of 16.67% of Nabucco Gas Pipeline International GmbH. Shareholders are responsible with negotiating contracts for supplying natural gas.