PEGAS Ends The Year With A Record-Breaking December - PEGAS Trading Volumes In December 2015

PEGAS, the pan-European gas trading platform operated by Powernext, recorded its best traded volume to date with a total of 143.3 TWh traded in December 2015 (previous record: 129.3 TWh in November 2015). This accounts for almost threefold the volume traded over the same period last year (December 2014: 50.8 TWh).

Spot Markets

Overall spot trading volumes in December rose to 49.1 TWh, which represents a growth of 45 % compared to December 2014. The Dutch TTF market posted a monthly record volume of 14.7 TWh (previous record: 14.4 TWh in November 2015), up 94 % compared to the previous year. The German GASPOOL area also registered a monthly high with 7.7 TWh (previous record: 7.2 TWh in October 2014) while the NCG area posted a volume of 14.6 TWh in December. The volume on the French PEG Nord and TRS market areas totalled 11.4 TWh. The Belgian ZTP area registered a record month with 702,674 MWh (previous record: 642,637 MWh in November 2015). The new locational products launched in Germany and France reached 16,068 MWh, while spread transactions amounted to 3.1 TWh.

Derivatives Markets

PEGAS derivatives market volume increased to a monthly record of 94.2 TWh (previous record: 83.5 TWh in November 2015), which represents more than twice the volume traded in December 2014. The Dutch TTF futures market recorded a monthly high of 77.9 TWh (previous record: 67.8 TWh in November 2015). The German GASPOOL delivery area registered a record volume of 6.1 TWh (previous record:
4.4 TWh in September 2015) while 5.9 TWh were traded in the NCG area. Trading volumes on the French PEG Nord and TRS market areas reached 3.1 TWh. The PSV physical and financial contracts totalled 1.2 TWh. The volume registered for clearing via trade registration amounted to 2.7 TWh while the total volume of spread transactions reached 3.0 TWh in December.

Details on the natural gas results are available in the enclosed monthly report.

PEGAS is the central gas trading platform of EEX Group operated by Powernext. PEGAS provides its members with access to all products on one single platform and allows them to trade natural gas contracts in the Belgian, Dutch, French, German, Italian and UK market areas. The product range of PEGAS covers spot and derivatives contracts for the major European gas hubs as well as trading in location spread products between these market areas. This setup enables market harmonisation and forms the leading pan-European natural gas market. For more information: www.pegas-trading.com

EEX Group provides the central market platform for energy, energy related and commodity products and enables access to a network of over 400 trading participants. The offering of the group comprises contracts for Energy, Environmentals, Freight, Metals and Agriculturals listed at the European Energy Exchange, EPEX SPOT
(incl. APX-Belpex), Powernext, Cleartrade Exchange and Gaspoint Nordic. Clearing and settlement of transactions concluded or registered on the exchanges is provided by the central clearing house European Commodity Clearing. EEX is part of Deutsche Börse Group. For more information: www.eex.com

Powernext is a regulated market operating under AMF supervision. Powernext manages the natural gas activities of the EEX Group under the PEGAS brand throughout Europe, and operates the National Registry for electricity guarantees of origin in France. For more information:www.powernext.com

PEGAS – Monthly Figures Report for December 2015

Volumes