ENEL: Group net income is 1,184 million euros (-1.4%)

Revenues: 21,193 million euros (+8.5%)
EBITDA: 4,302 million euros (-2.2%)
EBIT: 2,902 million euros (-4.4%)
Group net income: 1,184 million euros (-1.4%)
Group net ordinary income: 1,003 million euros (-15.1%)
Net financial debt: 45,617 million euros (+2.2%)

Fulvio Conti, Chief Executive Officer and General Manager of Enel, stated: “The negative economic trend experienced since last year continued into the first quarter of 2012, with lower demand mainly impacting Italy and Spain partially offset by the growth in the markets of Latin America, Russia and Eastern Europe. Against this backdrop, the financial results for the period were ahead of our expectations and essentially in line with 2011 results. The management initiatives undertaken to optimise investments, enhance efficiency and cut costs will enable Enel to achieve all of the targets already announced for 2012 in spite of the negative effects of the regulatory measures introduced in Spain to date”.