Approved the project of non-proportional demerger of Edipower

Milan, 28 June 2013. In execution of the agreements signed between A2A and Iren at the time of the acquisition of Edipower, which took place on May 24, 2012, and following the exercise – occurred in January 2013 – of Iren’s rights as provided for by that agreement, we announce that today’s extraordinary shareholders' meetings of both Edipower and Iren Energia approved the project of non-proportional demerger of Edipower.

This transaction involves the assignment to Iren Energia of a compendium constituted of Turbigo thermoelectric plant and Tusciano hydroelectric complex, comprehensive of the plants’ personnel, the financial assets and liabilities relating to those power plants and a financial debt of €44.8 million. The demerger will result in the complete exit of the Iren Group from Edipower’s shareholding.

The transaction will be effective once the period set forth by the law will have expired, and assoon as the actions required to the signing of the deed of demerger will be executed during the first part of fourth quarter 2013; an adjustment mechanism is foreseen, based on the balance sheet as of the demerger’s effective date.

Subsequent to this transaction, the share capital of Edipower will be distributed as follows: A2A will own 71%, Dolomiti Energia 8.5%, SEL 8.5%, Mediobanca 5.1%, Fondazione CRT 4.3%, and BPM 2.6%.

As a result of this transaction, A2A will fully dispatch the installed capacity of Edipower plants, thus optimizing the management of the Group’s generation portfolio. At the same time, the initiatives aimed at increasing the operational efficiency could be substantiated through a more comprehensive integration between A2A and Edipower.

Contacts
A2A - Media Relations A2A
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ufficiostampa@a2a.eu

Investor Relations Team
Tel. 02 7720.3974
ir@a2a.eu