Edison closes the sale of its investment in serene to BG Italia

Milan, February 14th, 2007 – Edison SpA closed today the sale to BG Italia Spa of Edison’s 66.3% interest in Serene Spa, after the operation was cleared by relevant Antitrust Authority. BG Italia already owned the other 33.7%.

BG Italia paid Edison 98 million euros for the Serene shares, a price substantially in line with book value. The price also included up to 13 million euros, whose payment was subject to CIP6 contracts’ evolution for Kyoto emission rights. The transaction had a positive impact of approximately 130 million euros on the consolidated net financial position of Edison Group.

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.