ELE Endesa SA Ads

ENDESA (NYSE:ELE) -- The Company has acquired in total 855 GWh of the capacity put out to tender in this period, allowing it to modulate and provide coverage for electricity demand in the Italian market. -- In July, ENDESA will acquire 140MW of power - 39% of the total capacity put out to tender that month. -- These operations add value to ENDESA's operations in Italy and France, where it is leveraging profitable growth opportunities with energy trading. ENDESA (NYSE:ELE) has acquired a total of 855MW of the interconnection capacity between France and Italy put out to tender by the French electricity system operator (RTE) this year - or 34% of the total capacity put out to tender since this system was initiated last January. The energy allotted to ENDESA during these 7 months has allowed the group to modulate and provide coverage for electricity demand in the Italian market. In July, ENDESA will acquire 140MW of the interconnection capacity between France and Italy, which corresponds to its specific needs. This will amount to 39% of the total capacity put out to tender by the French grid operator (RTE) in July. For ENDESA the operations carried out between January and June have allowed the group to manage more than 850MW of energy, highlighting its capacity to leverage its position in Italy and France to manage energy in trans-national markets and gives value to its presence in both countries, where ENDESA operates through Snet and ENDESA Italia. These operations 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 Folleto Informativo Continuado 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, 2003. For all of these forward-looking statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.