http://www.enel.it/azienda/it/investor_relations/presentazioni/doc/2009_03/Enel_1Q2009_Results.pdf

1. Enel SpA
Investor Relations
1Q2009 Results
Rome, May 12, 2009

2. Enel SpA
Investor Relations
Agenda
• 1Q2009 results
• Questions & answers
• Annexes
1

3. Enel SpA
1Q2009 results Investor Relations
Financial highlights: consolidated
€mn 1Q08 1Q09
1Q08 %
pro-forma
Revenues 15,082 15,082 14,863 -1%
EBITDA 3,445 3,374 3,850 14%
EBIT 2,337 2,180 2,740 26%
Group net income 1,004 947 1,908 n.m.
Net debt 49,9671,2 49,9671,2 50,8312 2%
1. As of December 31, 2008
2. Excluding net debt of assets held for sale 2

4. Enel SpA
1Q2009 results Investor Relations
From EBIT to net income
€mn 1Q08
1Q08 1Q09 %
pro-forma
EBIT 2,337 2,180 2,740 25.7
Net financial charges 748 740 (316) n.m.
Interest charges 777 769 585 (23.9)
Fair value of Acciona put option (110) (110) (970) n.m.
Other 81 81 69 (14.8)
Net income from equity investments
using equity method (23) (23) (9) (60.9)
EBT 1,612 1,463 3,065 n.m.
Income tax 504 456 807 77.0
Net income (continuing operations) 1,108 1,007 2,258 n.m.
Net income (discontinued operations) 95 119 (134) n.m.
Net income (including third parties) 1,203 1,126 2,124 88.6
Minorities 199 179 216 20.7
Group net income 1,004 947 1,908 n.m.
3

5. Enel SpA
1Q2009 results Investor Relations
Group EBITDA breakdown: 1Q2008 pro-forma
€mn 1Q08 1Q08 pro-forma 1Q09 %
G&EM - Italy 707 548 918 67.5
Market - Italy 189 192 116 -39.6
I&N - Italy 967 898 895 -0.3
International 289 272 381 40.1
Iberia&Latam 1,217 1,148 1,171 2.0
Enel Green Power - 241 293 21.6
S&H1 76 75 76 1.3
Total 3,445 3,374 3,850 14.1
1. Including the Engineering and Innovation division 4

6. Enel SpA
1Q2009 results Investor Relations
Group EBITDA: regulated/unregulated activities
Production mix
63.2 (TWh)
1Q2009 EBITDA
16.7%
Generation & sales
Networks 3,850 €mn 11.2%
28.8%
Forward sales and 12.9%
Forward sales and 40%
hedging procurement 4.2%
hedging procurement Stability and high
contracts to protect 60% Stability and high
contracts to protect visibility
margin visibility 26.2%
margin
1Q09
Other renewables Coal
Hydro Nuclear
Oil & gas CCGT
Solid and secured cash flow thanks to regulated
business, hedging policies and optimal fuel mix
5

7. Enel SpA
1Q2009 results Investor Relations
Focus on forward electricity sales
Level of total production hedged (%)
Italy Spain
100 % 100 % 100 % 100 %
~40% ~70%
~53%
100%
~60%
~47% ~30%
2009 2010 2009 2010
Unhedged
Hedged
Latam Slovakia
100 % 100 % 100 % 100 %
~ 30% ~42%
~40%
100%
~ 70% ~58%
~60%
2009 2010 2009 2010
6

8. Enel SpA
1Q2009 results Investor Relations
Group EBITDA evolution (€mn)
+14.1%
+370 -76 +23 +52 +1 3,850
-3 +109
76
3,374 293
75
241
1,171
1,148
382
S&H1
272 EGP
Iberia & Latam 895
International
898 I&N
116
Market
192 G&EM
918
548
1Q08 G&EM Market I&N Inter- Iberia & EGP S&H1 1Q09
Italy Italy Italy national Latam
1. Including the Engineering and Innovation division 7

9. Enel SpA
1Q2009 results Investor Relations
EBITDA evolution: G&EM Italy (€mn)
+67.5%
+189 918
+172
548 +9
1Q08 Generation Trading and Other 1Q09
margin Gas margin
8

10. Enel SpA
1Q2009 results Investor Relations
G&EM – Italy: fuel cost evolution
+10%
59.9
54.5
Average fuel
cost (€/MWh)
1Q08 1Q09
-3%
-0.2% +27%
351.7 350.9 36.8 95.8 93.2
29.0
1Q08 1Q09 1Q08 1Q09 1Q08 1Q09
Oil (€/ton) Gas (c€/mc) Coal (€/ton)
9

11. Enel SpA
1Q2009 results Investor Relations
EBITDA evolution - Market Italy (€mn)
-39.6%
192 -26
-50
116
1Q08 Free Regulated 1Q09
market market
10

12. Enel SpA
1Q2009 results Investor Relations
EBITDA evolution - I&N Italy (€mn)
-0.33%
898 +20 -10 -13 895
1Q08 Energy Connection Other 1Q09
margin fees
11

13. Enel SpA
1Q2009 results Investor Relations
EBITDA evolution - International (€mn)
+40.1%
+52 381
+21
+16 51
+21
272 39
18 52
37
Russia
France & Belgium 239
218
SEE
Centrel
-1
1Q08 Centrel SEE France Russia 1Q09
& Belgium
12

14. Enel SpA
1Q2009 results Investor Relations
Focus on Russia2
Unit price1 (€/MWh) Production (TWh)
13.5
13.1
11.3
9.7
1Q08 1Q09
1Q08 1Q09
Coal spark spread (€/MWh) Gas spark spread (€/MWh)
0.9
0.4
3.9
3.2
1Q08 1Q09 1Q08 1Q09
1. Wholesale unit price excluding capacity payment
13
2. Rub/Eur exchange rate as of March 31, 2009

15. Enel SpA
Investor Relations
1Q2009 results
EBITDA evolution: focus on Endesa1
+6.0%
+68 +11 1,729
1,631 +19
14
3
728
660
Other
968 Latam 987
Iberia
1Q08 Iberia Latam Other 1Q09
1. 100% Endesa results as released on May 8, 2009. Endesa’s GAAP 14

16. Enel SpA
Investor Relations
1Q2009 results
EBITDA evolution: focus on Enel Green Power (€mn)
+21.6%
-29 -
+79
+2 - 293
241
1Q08 Italy North South Spain Other 1Q09
America America
15

17. Enel SpA
Investor Relations
1Q2009 results
Net debt evolution (€mn)
-864
December Cash-flow from Capex1 Forex Extraordinary Net financial March
31, 2008 operations 31, 2009
effect activities charges2
-49,967 -50,961 -50,831
Discontinued Discontinued
operations operations
-795 -499
+1,633 -1,133 -396 -314
-654
1. Including investment of Enel Rete Gas, of HV grid, and of ECYR equal to 15€mn, 4€mn and 5€mn, respectively
2. Excluding positive effect of Acciona’s put option release.
16

18. Enel SpA
Investor Relations
Agenda
• 1Q2009 results
• Questions & answers
• Annexes
17

19. Enel SpA
Investor Relations
Agenda
• 1Q2009 results
• Questions & answers
• Annexes
18

20. Enel SpA
1Q2009 results - Operational annexes Investor Relations
Production mix
-10.0%
23.0 (TWh) 20.7 (TWh)
8.4% 7.9%
Group production mix 29.1%
18.3%
Domestic
Domestic 33.8%
+9.2%
35.0%
6.6%
6.5%
57.9 (TWh) 63.2 (TWh) 33.4%
21.0%
8.6%
16.7%
19.8% 1Q08 1Q09
11.2%
+21.8%
28.0% 28.8%
16.2% 12.9% 34.9 (TWh) 42.5 (TWh)
4.3% 4.2%
8.6%
23.1% 26.2% 13.6% 20.9%
7.8%
23.5%
1Q08 1Q09 International
International 26.4%
26.8%
19.2%
Other renewables Coal Oil & gas 3.0% 3.0%
Hydro Nuclear CCGT 24.5% 22.7%
1Q08 1Q09
19

21. Enel SpA
1Q2009 results - Operational annexes Investor Relations
1Q2009 group installed capacity: breakdown by source and location
MW Hydro RES Nuclear Coal CCGT Oil & gas TOTAL
- other ST/OCGT
Italy 14,424 1,051 - 5,575 5,946 13,342 40,337
Iberia 3,793 1,603 2,442 3,892 1,4731 3,523 16,727
Centrel 2,329 - 1,712 1,254 - - 5,295
SEE 7 1102 - 690 - - 807
Americas 6,750 470 - 376 2,628 1,431 11,656
Russia - - - 3,623 - 4,575 8,198
TOTAL 27,303 3,234 4,154 15,010 10,047 23,897 83,735
1. Including 82 MW of installed capacity in Morocco 20
2. Including 12 MW other renewable capacity in France

22. Enel SpA
1Q2009 results - Operational annexes Investor Relations
1Q2009 group net production: breakdown by source and location
GWh Hydro RES Nuclear Coal CCGT Oil & gas TOTAL
- other ST/OCGT
Italy 6,919 1,374 - 6,993 3,788 1,644 20,718
Iberia 1,774 850 4,571 4,343 6041 2.0 14,110
Centrel 1,030 - 3,581 567 - - 5,178
SEE 9 732 - 955 - - 1,037
Americas 6,860 372 - 353 2,715 1,973 12,272
Russia - - - 5,000 - 4,722 9,722
TOTAL 16,591 2,669 8,152 18,210 7,107 10,537 63,266
1. Including 129GWh of net production in Morocco 21
2. Including 5GWh of net production in France

23. Enel SpA
1Q2009 results - Operational annexes Investor Relations
Generation mix - Italy
40,337
13,342
5,946 20,718
1,644
5,575
3,788
1,051
6,993
14,424 1,374
6,919
Capacity (MW) Production (GWh)
Other renewables Coal Oil & gas1
Hydro CCGT
1. Including turbogas 22

24. Enel SpA
1Q2009 results - Operational annexes Investor Relations
Generation mix - Centrel & South Eastern Europe
Slovakia Greece
5,295 5,178
1,254 567
1,712
3,581
105
77
2,329
1,030
Capacity (MW) Production (GWh) Capacity (MW) Production (GWh)
Bulgaria
955
690
Other renewables Coal
Hydro Nuclear
Capacity (MW) Production (GWh)
23

25. Enel SpA
1Q2009 results - Operational annexes Investor Relations
Generation mix – Russia, North America & France
Russia North America
742
9,722
8,198 557
4,722 428
4,575 333
5,000 314
3,623 224
Capacity (MW) Production (GWh) Capacity (MW) Production (GWh)
France
12
Other renewables Coal Oil & gas
5
Hydro Nuclear
Capacity (MW) Production (GWh)
24

26. Enel SpA
1Q2009 results - Operational annexes Investor Relations
Electricity and gas
Electricity (TWh) Gas (bcm)
1.4%
7.3%
4.0%
Sales: 21.4%
Breakdown by country
37.7% 49.6%
78.6%
Electricity (TWh) Gas (bcm)
3.8% 5.9%
Distribution: 30.7%
Breakdown by country 65.5% 94.1%1
Italy Iberia e Latam SEE Russia France & Belgium
25
1. Including assets held for sale

27. Enel SpA
1Q2009 results - Operational annexes Investor Relations
Italian electricity sales market1
Regulated market2 (TWh) Free market3 (TWh) Enel’s free customers4 (thousand)
-3.0%
53.5 2,251
+14.6% 51.9
-17.3%
12.3
14.1 1,611
-8.3%
27.8 -4.6% 23.0
41.2 37.8
24.1
19.5
-0.2%
3.7 3.5
1Q08 1Q09
1Q08 1Q09 1Q08 1Q09
Enel
Other
Enel’s total sales (TWh)
36.4 33.6
1Q08 1Q09
1. Excluding losses on the grid. Other operators’ data are Enel’s estimates based on Single Buyer figures
2. ‘Maggior tutela & salvaguardia’ up to April 30, 2008
3. Including self-consumption and, since May 2008, sales to “salvaguardia” customers 26
4. Including dual energy customers

28. Enel SpA
1Q2009 results - Operational annexes Investor Relations
Enel’s electricity and gas distribution
Volumes distributed in Italy1 (TWh) Volumes distributed abroad (TWh)
-7.7% -7.6%
65.2
60.2 34.3 31.7
1Q08 1Q09 1Q08 1Q09
Volumes distributed (bcm)2 Gas end users (thousand)2
+4.1%
+6.2%
2,241 2,333
187 215
1.6 1.7
0.1 0.1
2,054 2,117
1.5 1.6
Italy
International
1Q08 1Q09 1Q08 1Q09
1. 1Q08 restated
27
2. Including assets held for sale

29. Enel SpA
1Q2009 results - Operational annexes Investor Relations
Enel’s gas sales
Volumes sold (bcm) Customers (thousand)
+11.5%
-3.4% 3,318
2,975
653
450
2.9 2.8
0.7 0.6
2,525 2,665
2.2 2.2
1Q08 1Q09 1Q08 1Q09
Italy
International
28

30. Enel SpA
1Q2009 results – Financial annexes Investor Relations
EBITDA evolution - Services & Holding1 (€mn)
+1.3%
+20 -19
75 76
1Q08 Import Other 1Q09
1. Including Engineering and Innovation division
29

31. Enel SpA
1Q2009 results - Financial annexes Investor Relations
EBIT by business area (€mn)
+25.7%
2,740
-1.9%
51
238
2,180 +20.8%
S&H
EGP
Iberia & Latam 52 709 +25.0%
197
International
I&N
Market 567 253 +45.4%
G&EM
174
685
-1.7%
697 55 -59.9%
137 749
356 +110.4%
1Q08 1Q09
30

32. Enel SpA
1Q2009 results - Financial annexes Investor Relations
Balance sheet
€mn December 31, 2008 March 31,2009 %
Net financial debt 49,967 50,831 +1.7
Shareholders’ equity 26,295 27,981 +6.4
Net capital employed 76,262 78,812 +3.3
31

33. Enel SpA
1Q2009 results - Financial annexes Investor Relations
Debt structure
• Average debt maturity: 5 years
• Average cost of debt: 4.6%1
• (Fixed+hedged)/Total long-term debt: 57%
• (Fixed+hedged)/Total net debt: 56%
• Rating: S&P’s = A-/A-2 CW negative; Moody’s = A2/P-1 Outlook negative
Fitch = A-/F2 RW negative
December March 31,
€mn %
31, 2008 2009
Long-term 48,154 47,510 -1.3
Short-term2 8,577 9,244 7.8
Cash3 -6,764 -5,923 -12.4
Net debt 49,967 50,831 1.7
1. Including Endesa cost of debt equal to 4.6%
2. Including current maturities of long-term debt
3. Including factoring and other current receivables
32

34. Enel SpA
1Q2009 results - Financial annexes Investor Relations
Enel’s group financial debt evolution as of March 31, 2009
Enel Group (excluding Endesa) Endesa – 67.05% Group - Total
€mn
12.31.2008 03.31.2009 12.31.2008 03.31.2009 03.31.2009
Bank loans – maturities > 12m 25,867 21,968 3,525 6,471 28,439
Bonds – maturities > 12m 16,604 16,660 3,644 3,714 20,374
Preferred shares > 12m - - 973 975 975
Other loans – maturities > 12m 158 197 274 443 640
Financial receivables – maturities > 12m -373 -377 -2,518 -2,541 -2,918
Total net LT debt - maturities > 12m 42,256 38,448 5,898 9,062 47,510
Bank loans – maturities < 12m 281 295 309 490 785
Bonds – maturities < 12m 431 542 1,933 1,449 1,991
Preferred shares < 12m - - - - -
Other loans – maturities < 12m 24 28 132 227 255
Financial receivables – maturities < 12m -11 -13 -513 -562 -575
Total net LT debt - maturities < 12m 725 852 1,861 1,604 2,456
Other ST bank debt 1,410 1,208 168 131 1,339
Commercial paper 2,425 3,258 1,367 1,527 4,785
Other ST financial debt 97 89 - - 89
ST debt 3,932 4,555 1,535 1,658 6,213
Factoring receivables -367 -369 - - -369
Other ST financial receivables -402 -394 -292 -481 -875
Cash at banks and marketable securities -1,969 -2,769 -3,210 -1,335 -4,104
Total net ST debt (incl. current maturities) 1,919 1,875 -106 1,446 3,321
Net financial debt 44,175 40,323 5,792 10,508 50,831
33

35. Enel SpA
1Q2009 results - Financial annexes Investor Relations
Enel’s group financial debt by subsidiary as of March 31, 2009
€mn Enel SpA Endesa EFI EIH Slovenské EP ED Other Total
Bonds 13,564 5,163 2,764 522 193 - - 159 22,365
Bank loans 11,825 6,961 6,739 - 68 742 1,693 1,196 29,224
Preferred shares - 975 - - - - - - 975
Other loans (6) (2,433) - - - (7) (16) (136) (2,598)
Commercial paper - 1,527 3,258 - - - - - 4,785
Other (219) (1,685) (22) (160) (85) (2) (232) (1,515) (3,920)
Total 25,164 10,508 12,739 362 176 733 1,445 (295) 50,831
34

36. Enel SpA
1Q2009 results - Financial annexes Investor Relations
Enel’s group financial debt
Average cost of debt Average residual maturity
5.2% 5.5%
4.7% 5.1% 7:7 7:7
4.4% 4.6% 4.6%
4.4% 4.3% 6:4
5:10
5:2 4:11 5:00
4:9 4:4
1 1
2001 2002 2003 2004 2005 2006 2007 2008 2009 2001 2002 2003 2004 2005 2006 2007 2008 2009
Net financial debt (€bn) Fixed + Hedged/Total net debt
55.8
50.0 50.8 81.0% 80.0%
60.0%
53.0% 58.0% 56.0%
42.0% 44.0% 47.0%
21.9 24.5 24.2 24.5
12.3 11.7
1 1
2001 2002 2003 2004 2005 2006 2007 2008 2009 2001 2002 2003 2004 2005 2006 2007 2008 2009
1. As of March 31, 2009 35

37. Enel SpA
1Q2009 results - Financial annexes Investor Relations
Enel’s Group long-term maturity profile (€mn)
Endesa1
Enel
17,698
2,784
12,952 13,457
1,653
4,173
14,914
11,299
9,284 3,889
3,031 2,432
1,966
2,165 1,027
1,405 1,923
866
1Q2010 2010 2011 2012 2013 After 2013
1. Relating to Endesa proportionally consolidated debt (67.05%) acccording to Enel’s GAAP 36

38. Enel SpA
1Q2009 results - Financial annexes Investor Relations
Enel Group liquidity analysis excluding Endesa (€mn)
March 31, 2009
Amount Outstanding Available
36M credit facility for Endesa acquisition 8,962 8,962 -
60M credit facility for Endesa acquisition 7,828 7,828 -
Other committed credit lines1 8,240 2,713 5,527
Total committed credit lines 25,030 19,503 5,527
Other short-term bank debt – uncommitted lines 261 203 58
Total credit lines 25,291 19,706 5,585
Commercial paper issued by EFI SA 4,000 3,267 733
Total credit lines + CP 29,291 22,973 6,318
Cash and cash equivalents (2,769) 2,769
Total liquidity 29,291 20,204 9,087
1. Including 1,375€mn relating to a committed line pertaining to Slovenske Elektrarne
37

39. Enel SpA
1Q2009 results - Financial annexes Investor Relations
Endesa liquidity analysis1 (€mn)
March 31, 2009
Amount Outstanding Available
Total committed credit lines 9,961 6,252 3,709
Other short-term bank debt – uncommitted lines 1,278 477 801
Total credit lines 11,239 6,729 4,510
Commercial paper issued by the Endesa Group 4,000 2,291 1,709
Total credit lines + CP 15,239 9,020 6,219
Cash and cash equivalents (1,991) 1,991
Total liquidity 15,239 7,029 8,210
1. Relating to Endesa 100% 38

40. Enel SpA
1Q2009 results - Financial annexes Investor Relations
Generation & Energy Management - Italy
€mn 1Q2008 1Q08 pro-forma 1Q09 %
Revenues 5,573 5,368 5,270 1.8
EBITDA 707 548 918 67.5
EBIT 489 356 749 110.4
Capex 293 233 169 -27.5
Headcount 6,8291 6,8291 6,784 -0.7
1. Figure as of December 31, 2008 39

41. Enel SpA
1Q2009 results - Financial annexes Investor Relations
Market - Italy
€mn 1Q08 1Q08 pro-forma 1Q09 %
Revenues 6,408 6,373 5,998 -5.9
EBITDA 189 192 116 -39.6
EBIT 134 137 55 -59.9
Capex 4 4 7 75.0
Headcount 4,7721 4,1701 4,133 -0.9
1. Figure as of December 31, 2008 40

42. Enel SpA
1Q2009 results - Financial annexes Investor Relations
Infrastructure & Network - Italy
€mn 1Q08 1Q08 pro-forma 1Q091 %
Revenues 1,669 1,563 1,558 -0.3
EBITDA 967 898 895 -0.3
EBIT 743 697 685 -1.7
Capex 296 278 249 -10.4
Headcount 20,3941,2 20,3941,2 20,601 +1.0
1. Excluding assets held for sale
2. Figure as of December 31, 2008 41

43. Enel SpA
1Q2009 results - Financial annexes Investor Relations
International
€mn 1Q08 1Q08 pro-forma 1Q09 %
Revenues 944 917 1,398 52.5
EBITDA 289 272 382 40.4
EBIT 186 174 254 46.0
Capex 95 56 177 n.m.
Headcount 16,8651 16,8651 16,631 -1.4
1. Figure as of December 31, 2008
42

44. Enel SpA
1Q2009 results - Financial annexes Investor Relations
Iberia & Latam
€mn 1Q08 1Q08 pro-forma 1Q09 %
Revenues 4,018 3,917 3,476 -11.3
EBITDA 1,217 1,148 1,171 2.0
EBIT 732 567 709 25.0
Capex 472 450 386 -14.2
Headcount 17,8271 17,8271 18,042 1.2
1. Figure as of December 31, 2008
43

45. Enel SpA
1Q2009 results - Financial annexes Investor Relations
Enel Green Power
€mn 1Q08 1Q08 pro-forma 1Q09 %
Revenues - 383 415 8.4
EBITDA - 241 293 21.6
EBIT - 197 238 20.8
Capex - 121 106 -12.4
Headcount - 2,4321 2,614 7.5
1. Figure as of December 31, 2008
44

46. Enel SpA
1Q2009 Results - Financial annexes Investor Relations
Services & Holding
€mn 1Q08 1Q08 pro-forma 1Q09 %
Revenues 739 739 708 -4.2
Holding 164 164 183 11.6
Services & other 266 266 250 -6.0
Engineering & Innovation 309 309 275 11.0
EBITDA 76 75 76 1.3
Holding 8 8 36 n.m.
Services & other 56 56 35 -37.5
Engineering & Innovation 4 4 3 -25.0
Other & Elisions 8 7 2 -71.4
EBIT 53 52 51 -1.9
Holding 6 6 34 n.m.
Services & other 35 35 12 -65.7
Engineering & Innovation 4 4 3 -25.0
45
Other & Elisions 8 7 2 71.4

47. Enel SpA
1Q2009 Results - Financial annexes Investor Relations
Services & Holding - Continued
€mn 1Q08 1Q08 pro-forma 1Q09 %
Capex 11 11 15 36.4
Holding 1 1 - n.m.
Services & other 10 10 15 50.0
Headcount 6,1751 6,1751 6,117 -0.9
Holding 749 749 719 -4.0
Services & other 4,406 4,406 4,358 -1.1
Engeneering & Innovation 1020 1020 1,040 2.0
1. Figure as of December 31, 2008
46

48. Enel SpA
1Q2009 results Investor Relations
Focus on capex by business area(€mn)1
-3.8% D&A
1,153 1,033
1,109
11
121 15 25
106 55
450 386 439
56
177
122
278
249 210
4
7 14
233 169
169
S&H
1Q08 1Q09 1Q09
EGP
Iberia & Latam
International
I&N
Market
G&EM
47
1. Only continuing operations.

49. Enel SpA
Investor Relations
Disclaimer
This presentation contains certain statements that are neither reported financial results nor other
historical information (“forward-looking statements”). These forward-looking statements are
based on Enel S.p.A.’s current expectations and projections about future events. Because these
forward-looking statements are subject to risks and uncertainties, actual future results may differ
materially from those expressed in or implied by these statements due to any number of different
factors, many of which are beyond the ability of Enel S.p.A. to control or estimate precisely,
including changes in the regulatory environment, future market developments, fluctuations in the
price and availability of fuel and other risks. You are cautioned not to place undue reliance on the
forward-looking statements contained herein, which are made only as of the date of this
presentation. Enel S.p.A. does not undertake any obligation to publicly release any revisions to
any forward-looking statements to reflect events or circumstances after the date of this
presentation.
PURSUANT TO ARTICLE, 154-BIS, PARAGRAPH 2, OF THE UNIFIED FINANCIAL ACT OF FEBRUARY
24, 1998, THE EXECUTIVE IN CHARGE OF PREPARING THE CORPORATE ACCOUNTING DOCUMENTS
AT ENEL, LUIGI FERRARIS, DECLARES THAT THE ACCOUNTING INFORMATION CONTAINED HEREIN
CORRESPOND TO DOCUMENT RESULTS, BOOKS AND ACCOUNTING RECORDS.
THIS PRESENTATION DOES NOT CONSTITUTE AN OFFER OF SECURITIES IN THE UNITED STATES
OR ANY OTHER JURISDICTION. SECURITIES MAY NOT BE OFFERED OR SOLD IN THE UNITED
STATES ABSENT REGISTRATION WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION OR AN
EXEMPTION FROM REGISTRATION UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED. ANY
PUBLIC OFFERING OF SECURITIES IN THE UNITED STATES WOULD BE MADE ONLY BY MEANS OF A
PROSPECTUS TO BE OBTAINED FROM ENEL S.P.A., WHICH WOULD CONTAIN DETAILED
INFORMATION ABOUT THE COMPANY AND ITS MANAGEMENT, AS WELL AS FINANCIAL
STATEMENTS. THERE IS NO INTENTION TO REGISTER ANY OFFERING OF SECURITIES BY ENEL
S.P.A. IN THE UNITED STATES OR TO CONDUCT A PUBLIC OFFERING OF SECURITIES OF THE
COMPANY IN THE UNITED STATES. ANY NON-PUBLIC OFFERING OF SECURITIES IN THE UNITED
STATES WOULD BE MADE ONLY BY MEANS OF AN OFFERING MEMORANDUM CONTAINING
INFORMATION SIMILAR TO THAT IN A PROSPECTUS; NO SUCH OFFERING MEMORANDUM HAS
BEEN PREPARED AND NO OFFER OF SECURITIES OF THE COMPANY, PUBLIC OR OTHERWISE, HAS
BEEN MADE IN ANY JURISDICTION, INCLUDING THE UNITED STATES. THIS PRESENTATION IS
NOT FOR DISSEMINATION OR PUBLICATION IN THE UNITED STATES.
48

50. Enel SpA
Investor Relations
Contact us
Investor Relations Team (investor.relations@enel.com)
• Luca Torchia (Head of IR) +39 06 83053437
• Pedro Cañamero +39 06 83055292
• Elisabetta Ghezzi +39 06 83052708
• Donatella Izzo +39 06 83057449
• Federica Todaro
+39 06 83059502
• Angela Tretola
+39 06 83052062
Visit our website at:
www.enel.it (Investor Relations)
49