Genoa 21 June 2011 – Pietro Giordano, aged 67, Director and Deputy Chairman of the Company, has tendered his resignation from all positions held within the ERG Group, following the important contribution made, over the past 25 years, to the success of the Group.

In view of the foregoing, the Board of Directors has co-opted as Director of the Company Alessandro Careri, aged 61, who until March 2010 held important positions within the ENI group, including as General Manager IP and Sales Manager of the Refining & Marketing Division.

With regard to subsidiary ERG Renew, where Pietro Giordano has held the position of Chairman, the competent corporate bodies are expected to adopt the necessary resolutions in this connection as soon as possible.

This press release, issued on 21 June 2011 at 6.00 pm (CEST), has been prepared pursuant to the Regulation implementing Legislative Decree no. 58 of 24 February 1998, adopted by CONSOB under resolution no. 11971 of 14 May 1999, as amended and supplemented. It has been published by Borsa Italiana S.p.A.(www.borsaitaliana.it)  and on the Company's website, www.erg.it.

Contacts:

Alessandra Mariotti Press Office - tel.: +39 010 2401364 - Cell. +39 335 8053395 - e-mail: stampa@erg.it

Emanuela Delucchi IR Manager – tel.: + 39 010 2401806 – e-mail: edelucchi@erg.it

Matteo Bagnara IR – tel.: + 39 010 2401423 – e-mail: ir@erg.it  – www.erg.it