NEW YORK, May 3 /PRNewswire-FirstCall/ -- The Bank of New York, a global leader in securities servicing, has been selected by Empresa Distribuidora y Comercializadora Norte S.A. (Edenor) as depositary bank for its American depositary shares program. Each Edenor American depositary share represents 20 Class B common shares. The American depositary shares trade on the New York Stock Exchange under the symbol "EDN." The Class B common shares trade on the Buenos Aires Stock Exchange under the symbol "EDL." As stated by the company, Buenos Aires-based Edenor is the largest electricity distribution company in Argentina in terms of number of customers and electricity sold (in both GWh and Pesos). Through a concession, Edenor distributes electricity exclusively to the northwestern zone of the greater Buenos Aires metropolitan area and the northern part of the city of Buenos Aires to approximately 2.4 million customers. Christopher Sturdy, executive vice president and head of The Bank of New York's Depositary Receipt Division, said, "We congratulate Edenor for being the first Argentine company to list on the NYSE this year. We will support Edenor's efforts to raise its profile among U.S. investors by providing personalized program management and value-added services." The Bank of New York is depositary for more than 1,250 American and global depositary receipt programs, a 64% market share, acting in partnership with leading companies from 62 countries. With an unrivalled commitment to helping securities issuers succeed in the world's rapidly evolving financial markets, the Bank delivers the industry's most comprehensive suite of integrated depositary receipt, corporate trust and stock transfer services. Additional information is available at http://www.adrbny.com/. The Bank of New York has been conducting business in Latin America for over 100 years. The Company has representative offices in Argentina, Mexico and Brazil, and offers a full range of securities servicing, global payments, asset management and trade finance products. The Bank of New York Company, Inc. (NYSE:BK) is a global leader in providing a comprehensive array of services that enable institutions and individuals to move and manage their financial assets in more than 100 markets worldwide. The Company has a long tradition of collaborating with clients to deliver innovative solutions through its core competencies: securities servicing, treasury management, asset management, and wealth management. The Company's extensive global client base includes a broad range of leading financial institutions, corporations, government entities, endowments and foundations. Its principal subsidiary, The Bank of New York, founded in 1784, is the oldest bank in the United States and has consistently played a prominent role in the evolution of financial markets worldwide. Additional information is available at http://www.bankofny.com/. The Bank of New York provides no advice nor recommendation or endorsement with respect to any company or security. Nothing herein shall be deemed to constitute an offer or solicitation of an offer to buy or sell securities. DATASOURCE: The Bank of New York CONTACT: Dori Flanagan of The Bank of New York, +1-212-815-2291 Web site: http://www.bankofny.com/ http://www.adrbny.com/

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