Will E.ON also want to buy Elektrim's PAK shares?

Elektrim, which is looking for ways to raise cash to pay its creditors, has not excluded that it will sell its energy assets to an investor. An in teresting turn to this story is that the investor could also be the same company - E.ON - which is hoping to acquire the G-8 group that is currently being privatized. "I think that the investor who enters G-8 will be in terested in investing in the PAK power stations," said Elektrim president Maciej Radziwill. Elektrim controls almost 40% of PAK. The privatization deal Elektrim signed with Treasury Ministry several years ago excludes selling the stake until 2005. Elektrim hopes that the ministry will show some understanding and flexibility. El Dystrybucja, and German energy concern E.ON are interested in purchasing the G-8. El Dystrybucja lost its exclusivity negotiating rights due to its inability to submit appropriate financial guarantees to carry the complete the transaction. (Puls Biznesu, p.6) A.Z.