ELEQ: International Endesa: Enersis Capital Increase

  ELEQ: International Endesa: Enersis Capital Increase

UK Regulatory Announcement


                              SIGNIFICANT EVENT

Enclosed below is the text of the Mandatory Filing (Hecho Esencial) made by
ENERSIS, an Endesa investee, to the Chilean securities market regulator, the
Superintendencia de Valores y Seguros de Santiago de Chile, or “SVS” for

“In accordance with articles 9 and 10 of the Securities Market Law 18,045 and
General Rule No. 30 of the Superintendence, and as duly authorized on behalf
of Enersis S.A. (the “Company”), I inform you of the following significant
event. The extraordinary Board of Directors’ meeting of the Company held today
adopted the following resolutions:

1. The Board declared that the condition precedent in the Company’s ongoing
capital increase has been satisfied. The capital increase approved by the
Extraordinary Shareholders Meeting (“ESM”) held on December 20, 2012 with
respect to the public offering of 16,441,606,297 common shares established a
condition precedent.

Under this condition, the effectiveness of all contracts to subscribe for the
shares offered was conditioned on the subscription by minority shareholders
during the preemptive rights offering or during a subsequent offering period
to third parties for at least 3,169,224,294 shares in cash, which is the
amount sufficient to permit to the Company’s parent company to exercise its
rights to subscribe and pay in full 9,967,630,058 shares without exceeding the
legal and statutory limit of a maximum concentration of 65% of the Company’s
capital and voting rights.

2. The Board approves the notice to be published in El Mercurio newspaper on
March 26, 2013, informing the public that the aforementioned condition
precedent has been satisfied. As a consequence, all the share subscription
contracts will be legally executable and binding, and the registry of the
shares will therefore be carried out in the name of the respective holder in
the shareholders register of Enersis S.A. The date on which the shareholder or
third party has signed the respective share subscription contract will be
considered as the subscription date for the shares.

3. The Board authorized the CEO, Mr. Ignacio Antoñanzas A., to report
satisfaction of the condition precedent and the publication of the notice of
the result to the Depósito Central de Valores and Banco Santander

As the capital increase referred to is still in progress, the financial
effects on the assets, liabilities and results of Enersis S.A. will be
disclosed as soon as the process is completed”

                                                         Madrid, 26 March 2013


International Endesa
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