ENEL BECOMES THE MAIN SHAREHOLDER OF ELECTRICA MUNTENIA SUD

Rome/Bucharest, 25 April 2008 – Within the privatization process of Electrica Muntenia Sud (“EMS”) and in line with the Privatisation Agreement signed between Enel S.p.A. (“Enel”) and the State-owned company Electrica S.A. (“Electrica”) on June 11, 2007, Enel acquired today from Electrica 50% of EMS’s share capital for a consideration of € 395 million.

At the same time, the shareholders’ meeting of EMS resolved an increase of the share capital and Enel subscribed such capital increase for a consideration of € 425 million. 

Depending on whether the existing minority shareholder of EMS will exercise or not its pre-emptive right to subscribe the share capital increase in the next 30 days, Enel’s shareholding could finally result equal to 67.5% or 64.4% of EMS’s share capital.

EMS is the sole electricity distributor for residential and industrial customers of Bucharest – the main urban area of the Country – as well as Ilfov and Giurgiu counties.
 
EMS is one of the eight regional electricity distribution companies in Romania and the fifth privatised by the Romanian Government.
 
At the end of 2007, the company had a workforce of about 2,000 employees, managed a distribution network of 40,100 km approximately, and served about 1.1 million customers.

In 2007 EMS distributed about 5.54 TWh of electricity and its revenues amounted to 521 million euros approximately.

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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.