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ENDESA (NYSE:ELE): -- The three wind farms will have a total installed capacity of 60 MW. Two of them will start operating before the first quarter of 2006. -- These new farms will allow ENDESA Italia to continue to pursue its development plan for renewable energies. The group expects to have installed capacity of 425 MW by 2009, almost half of which will be up and running in 2006. ENDESA and Merloni have signed an agreement under which ENDESA will acquire 51% of the Italian company MF Power, owner of three wind farms with a total capacity of 60 MW. Through this agreement, ENDESA will acquire 51% of the Italian company which owns the Vallesacarda I (installed capacity of 15 MW), Vallesacarda II (9 MW) and Scampitela (36 MW) wind farms. The Villesacarda I wind farm will start operating in November, while the Vallesacarda II project is slated to come on-stream in the first quarter of 2006, and the Scampitella farm is still at pre-authorisation stage. These new farms will allow ENDESA Italia to continue to pursue its development plan for renewable energies. The group expects to have installed capacity of 425 MW by 2009, almost half of which will be operating in 2006. This operation forms part of ENDESA's strategic plan and is a further step in the implementation of development policy for Italy. Merloni Merloni is owned by Fineldo (the holding company for Vittorio Merloni's investments), which also controls Indesit Company. Indesit Company, listed on the Milan stock exchange since 1987, enjoys a European market share in large household appliances of 15%, with over 20,000 employees, 19 facilities, annual turnover of over Euro 3 billion and annual production of more than 14 million units for European brands, Ariston and Indesit, and for regional brands, Hotpoint (UK), Scholtes (France) and Stinol (Russia). 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 Documento de Registro de Acciones 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, 2004. For all of these forward-looking statements, we claim the protection of the safe harbour for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.