ELEQ: International Endesa: Sale of 20% stake in Endesa Gas T&D

  ELEQ: International Endesa: Sale of 20% stake in Endesa Gas T&D

UK Regulatory Announcement

NEW YORK

                              SIGNIFICANT EVENT

Endesa Gas, S.A. (wholly owned by Endesa, S.A.) has reached an agreement to
sell its 20% stake in Endesa Gas T&D, S.L. to two Goldman Sachs infrastructure
funds, Augusta Global Coöperative U.A and Zaragoza International Coöperative
U.A.. Endesa Gas T&D, S.L. carries out natural gas transmission and
distribution in various areas in Spain. Augusta Global Coöperative U.A and
Zaragoza International Coöperative U.A. already own 80% of Endesa Gas T&D by
virtue of a purchase and sale agreement signed with Endesa Gas on 17 December
2010, which was disclosed in a significant event notice filed on the same date
(no. 135071).

The sale of stake includes the transfer to the buyer of Endesa Gas’
participating loans with Endesa Gas T&D. The total transaction (sale and loan
transfer) price is approximately Euro 130 million.

The sale, which is not subject to any conditions precedent, will be executed
before the end of 2013.

                                                       Madrid, 8 November 2013

Contact:

International Endesa
 
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