Edison: net profit rises to 87 million euros (+28%)

Edison’s Board of Directors Reviews the Quarterly Report at March 31, 2007

EDISON: NET PROFIT RISES TO 87 MILLION EUROS, +28%

EBITDA grow by 21% to 397 million euros

Net borrowings decreased by about 890 million euros thanks to a positive cash flow from operations and the exercise of 520 million warrants. The Board approved the investment in a new combined-cycle, thermoelectric power plant with a capacity of about 400 MW that will be built in Thisvi, in Greece

Milan, May 9, 2007 – Edison’s Board of Directors met today at the Company’s Foro Buonaparte headquarters to review the Quarterly Report at March 31, 2007.