ENDESA (NYSE: ELE): -0- *T ENDESA HAS ACQUIRED 34% OF THE TOTAL ENERGY PUT OUT TO TENDER IN THE PAST TEN MONTHS, THE EQUIVALENT OF 1,161 GWH OF CAPACITY -- The energy allotted to ENDESA so far this year has allowed the group to modulate and provide coverage for electricity demand in the Italian market. -- These operations add value to ENDESA's operations in Italy and France, where it is leveraging profitable growth opportunities with energy trading. *T ENDESA (NYSE: ELE) has acquired 155 MW of interconnection capacity between France and Italy, which corresponds to its specific capacity needs. This will amount to 29% of the total capacity put out to tender by the French grid operator (RTE) in November. This year, ENDESA has acquired 1,161 GWh of interconnection capacity or 34% of the total energy capacity put out to tender since this system came into force last January. The energy allotted to ENDESA during these ten months has allowed the group to modulate and provide coverage for electricity demand in the Italian market. The operations carried out between January and September have allowed ENDESA to manage more than 1,161 GWh of energy, highlighting its capacity to leverage its position in Italy and France (where it operates through Snet and ENDESA Italia) to manage energy in trans-national markets. The acquisitions also add value to ENDESA's operations in these two countries, where it is leveraging profitable growth opportunities with energy trading. This document may contain certain forward-looking statements regarding anticipated financial and operating results and statistics that are subject to risks and uncertainties as well as to material risks, changes and other factors which may be difficult to predict, including, without limitation, those factors described in the Documento de Registro de Acciones of Endesa filed within the Comision Nacional del Mercado de Valores and in the Form 20-F of Endesa filed within the Securities and Exchange Commission, both for the fiscal year ended December 31, 2004. For all of these forward-looking statements, we claim the protection of the safe harbour for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.
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