Milan, September 24, 2010. The Board of Directors, meeting today, approved the increase from 2 to 3 billion euros of the maximum amount of the bonds which can be issued in the “Euro Medium Term Note” programme, which was approved by the Board of Directors meeting on June 25, 2009 and registered on the Luxembourg stock exchange, as already announced to the market. The programme regulates the general conditions of Eurobonds issues by Edison. Up to now, bonds for totally 1,200 million euros were issued in this programme, all of which were placed with professional investors and traded on the Luxembourg stock exchange.
The Board of Directors also approved to issue bonds for up to a maximum of 1 billion euros, in one or more tranches, in the above mentioned programme.
The bonds will have a minimum denomination of 50,000 euros and will be placed with professional investors. The Board gave mandate to the CEO to establish the amount, timeframe and characteristics of the issue, and the authority to request its listing. The company will give timely notice to the public regarding the execution of the issues.
Duty to notify the public in accordance with Consob decision no. 11971 of 05/14/1999 as amended.
