Eandis Selects Elster Group Technology Solution for Deployment of Belgium's Largest Smart Meter Pilot

Elster and subsidiary EnergyICT combine to deliver an end-to-end solution to modernize electricity and gas infrastructure for efficient energy delivery and conservation

KORTRIJK, Belgium, May 3, 2010 - EnergyICT, an Elster Group company, announced today that Eandis, one of
Belgium's largest electricity and gas grid companies, has successfully
deployed components of Elster's EnergyAxis(R) portfolio of Advanced Metering
Infrastructure (AMI) solutions to power Belgium's largest integrated Smart
Metering pilot.

As part of the Smart Metering pilot, Eandis is installing 4,200 Elster
smart electricity and gas meters, along with EnergyICT data concentrators and
a hosted EIServer meter data management (MDM) application, in the towns of
Leest and Hombeek, near Mechelen, Flanders. The deployment also includes
Elster power line carrier (PLC) technology and Coronis radio technology.

Eandis is working to meet increasing demand for improved energy
efficiency, and move towards a more flexible Smart Grid that can incorporate
alternative energy sources.

Eandis is using elements of Elster's EnergyAxis AMI solution based on
European PLC technology to enable real-time, remote, two-way communication
between the Smart Meters and a central MDM system. Data collection will be
conducted through data concentrators to a hosted version of EnergyICT's
EIServer, a market leading data management application. EIServer will process
the data and supply detailed consumption information to Eandis, enabling
improved management of energy resources and the Smart Grid.

In the future, the Elster solution will provide Eandis the ability to
monitor energy consumption and load in real-time, while managing fluctuations
in supply and demand. This pilot will help Eandis determine its strategy for
future Smart Grid deployments and support of greater energy efficiency and
future technologies such as electric vehicles.

"EnergyAxis provides the full suite of end-to-end solutions that
electric, water and gas utilities need to modernize infrastructure and
experience marked improvements in efficiency and conservation," said Frank
Hyldmar, executive vice president of Elster Integrated Solutions. "In this
case, Elster and EnergyICT's capabilities have been combined to provide the
solution that perfectly fits the needs of this project."

About Elster

Elster is one of the world's largest providers of electricity, gas and
water meters and related communications, networking and software solutions,
which are key components for enabling energy efficiency and conservation. Its
products and solutions are widely used by customers in the manual-read meter
and Smart Grid markets.

Elster has one of the most extensive installed meter bases in the world,
with more than 200 million metering devices deployed over the course of the
last 10 years. It sells its products and services in more than 130 countries
across electricity, gas, water and multi-utility applications for both
residential and commercial and industrial customers.

With a heritage of more than 170 years of providing metering solutions,
Elster enjoys a reputation as a leading innovator and has played, and
continues to play, an important role in shaping industry standards with
respect to performance, reliability, accuracy and functionality.

Elster was acquired by funds advised by CVC Capital Partners in September
2005. In 2008, Elster generated revenues of euro 1.3 billion or US$1.9
billion.

For more information about Elster, please visit
www.elster.com.

About EnergyICT

EnergyICT is a pioneer in providing Smart Metering and Smart Grid
solutions to utilities in all markets engaging in Smart Metering projects. As
one of the top three global market leaders, EnergyICT is specialized in
delivering highly advanced ICT solutions and services to utilities, energy
suppliers and energy management solutions to end customers. EnergyICT has
been part of the Elster Group since September 2009 and realized a turnover of
euro 17 million in the same year. With 124 employees worldwide, EnergyICT is
headquartered in Kortrijk, Belgium, and has subsidiaries in The Netherlands,
the United Kingdom, France, Germany, the United States and Australia.

For more information about EnergyICT, please visit
www.EnergyICT.com.

    Contact:
    John Bluth, Elster Corporate Communications,
    +1-919-250-5425, john.bluth@elster.com

    Geoffrey Riggs, Elster Integrated Solutions
    +33-467-22-66-62, geoffrey.riggs@coronis.com

John Bluth, Elster Corporate Communications, +1-919-250-5425, john.bluth at elster.com, or Geoffrey Riggs, Elster Integrated Solutions, +33-467-22-66-62, geoffrey.riggs at coronis.com