A fundamental result in the theory of black holes due to Hawking asserts that the event horizon of a black hole in the stationary space-time is a 2-sphere topologically. In this article we prove the Riemannian analogue of Hawking's result. In other words, we prove that each bolt of a 4-dimensional complete noncompact Einstein manifold of zero scalar curvature admitting a semifree isometric circle action is a 2-sphere topologically. We also study the structure of the orbit space of an Einstein manifold admitting a free isometric circle action.