The Board reviews proposed amendments to the bylaws

An Extraordinary Shareholders’ Meeting is Called for June 26-27, 2007

Milan, May 25, 2007 – Meeting today at the Company’s Foro Buonaparte headquarters, Edison’s Board of Directors reviewed proposals to amend the Bylaws in accordance with the requirements of the Investments Protection Act. The main amendments involve the following:
- Introducing slate voting to elect the Board of Directors, in a manner that will enable minority shareholders to elect one Director, and, consequently in this case, increasing to 13 the number of Directors;
- Requiring that at least two Directors qualify as independent, pursuant to Article 147-ter of the Uniform Financial Code;
- Empowering individual Statutory Auditors to call a meeting of the Board of Directors;
- Introducing the amendment required to comply with Consob rules concerning the filing of minority slates for the election of Statutory Auditors and changing the restrictions on the number of governance posts held;
- Electing the Chairman of the Board of Statutory Auditors from the minority slate;
- Listing the appointment criteria and professional requirements of the Accounting Documents Officer.

To approve these amendments to the Bylaws, the Board of Directors agreed to convene an Extraordinary Shareholders’ Meeting for June 26 (on the first calling) and June 27 (on the second calling), at 10:30 AM, at the Company’s headquarters, 31 Foro Buonaparte.

The documents required by the applicable statutes will be made available 15 days prior to the Meeting at Company headquarters, at the offices of Borsa Italiana and on line at www.edison.it

 

Edison’s Press Office: Tel. +39 02 62227331
ufficiostampa@edison.it
Edison’s Investor Relations: Tel. +39 02 62228415
investor.relations@edison.it
www.edison.it

Public disclosure required by Consob Resolution No. 11971 of May 14, 1999, as amended.