Edison: the shareholders's meeting approves the 2006 annual report

The Company declares a dividend of 0.048 euros per common share (+26% compared with a year ago) and 0.078 euros per savings share.

Milan, April 5, 2007 – The Shareholders’ Meeting of Edison S.p.A., convened today at the Company’s Foro Buonaparte headquarters, approved the financial statements at December 31, 2006, which show a net profit of 632 million euros, or 22.5% more than the 516 million euros earned in 2005. The consolidated net profit was 654 million euros (504 million euros in 2005).

The Shareholders’ Meeting then approved a motion to distribute a dividend of 0.048 euros per common shares (an increase of 26% over the 0.038 euros paid out last year) and 0.078 euros per savings share.

The dividend will be payable on April 19, 2005 (coupon presentation date April 16, 2007). Pursuant to the Warrant Regulations, the exercise of the 2007 Edison Common Share Warrants, which had been suspended on February 19, 2007, will again be permitted, starting on April 16, 2007.

The Shareholders’ Meeting also confirmed the election of Ivan Strozzi to the Board of Directors. Mr. Strozzi had been coopted by the Board on December 6, 2006.

Upon a duly justified motion by the Board of Statutory Auditors, the Shareholders’ Meeting, availing itself of the option provided by the transitory regulations, agreed to extend for three years (i.e., until the approval of the 2010 statutory financial statements), all financial terms remaining the same, the audit assignment originally granted to PriceWatherhouseCoopers for a period ending with the approval of the 2007 statutory financial statements.

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