ENEL: CLARIFICATION REGARDING STAKE IN WEATHER INVESTMENTS

Rome, 6 October 2006 – At the request of Consob, the Italian public authority regulating Italian capital markets, with regard to information reported on 20 September and 5 October 2006 by Il Sole 24 Ore, Enel affirms that there has been no change in the status of its equity investment of 26.1% in Weather Investments (Weather) with respect to that announced in Enel’s press release of 8 February 2006.

Specifically, Enel’s stake in Weather is restricted by a series of lock-up undertakings to permit Weather to proceed with its plan to become a listed company when market conditions are favourable.

Under the terms of the shareholders’ agreement in force, Enel may not dispose of its holding in Weather until the latter or a company of its group is listed on a stock exchange or the shareholders’ agreement itself expires (five years from August 2005, unless otherwise agreed by the parties).

Such agreement also establishes that the listing of a Weather group company (which includes Wind) other than Weather itself shall require the approval of Enel.

To date Enel has not been asked to examine any plan for listing Wind, nor are any negotiations for the sale of Enel’s stake in Weather under way.

Microsoft Word - Partecipazione in Weather Investments inglese.txt

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For the dissemination to the public and the storage of regulated information made available to the public, Enel S.p.A. has decided to use respectively the platforms “eMarket SDIR” and “eMarket Storage”, both available at the address www.emarketstorage.com and managed by Spafid Connect S.p.A. with registered office in Milan, at Foro Buonaparte, 10. The aforementioned services are authorized by Consob (resolution No.19878 of February 15th, 2017, related to the mechanism for the dissemination to the public of regulated information “eMarket SDIR” and resolution No. 19879 of February 15th, 2017, related to the mechanism for the central storage of regulated information “eMarket Storage”). 
From May 19th 2014 to June 30th 2015, Enel S.p.A. used the authorized mechanism for the storage of regulated information denominated “1Info”, available at the address www.1info.it, managed by Computershare S.p.A. with registered office in Milan and authorized by Consob with resolution No. 18852 of April 9th, 2014.