Edison : 28/03/2014 Price sensitive Edison: the Shareholders' Meeting approves the 2013 annual financial statements and the distribution of dividend of 0.05 euro on each savings share and of 0.011 euro on each ordinary share

28.03.14 - 16.14 Price sensitive

Milan, March 28, 2014 - Edison's Shareholders' Meeting, convened today at the Company's Foro Buonaparte headquarters, approved the 2013 annual financial statements, determined the appropriation of the year's profit and elected the Board of Statutory Auditors and its Chairman.

The Shareholders' Meeting approved the 2013 financial statements, which show a net profit of 96 million euro (81 million euro in 2012), thanks to the positive effect of the renegotiations of long-term contracts, the contribution of E&P's activities and the significant contribution of the electric power sector, which recorded the optimization of portfolio management and good hydro conditions.

The Shareholders' Meeting determined the distribution of a 0.05 euro dividend on each Savings Share, and a 0.011 euro dividend on each Ordinary Share. The Savings Shares dividend will be paid as from April 17, 2014, being April 14, 2014 the ex-dividend date and April 16, 2014 the record date. The Ordinary Shares will be paid as form April 17, 2014.

The Shareholders' Meeting also elected the Board of Statutory Auditors with a term of three years and thus until the Shareholders' Meeting to approve the financial statements for the year ending December 31, 2016. The Board of Statutory Auditors comprises Serenella Rossi (nominated Chairman of the Board of Statutory Auditors), Lionello Schinasi and Giuseppe Cagliero as Statutory Auditors; Elisabetta Bertacchini, Vincenzo D'Aniello and Luigi Migliavacca, as Deputy Statutory Auditors. Their curricula are available on the Company website: www.edison.it.

The Shareholders' Meeting set the total annual gross remuneration of 60,000 euros for the Chairman of the Board of Auditors and 40,000 euros for each Statutory Auditor.

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