Edison

Milan, February 8, 2010 – Edison’s Board of Directors, which met today to review the Annual Report at December 31, 2009, approved to propose to change the Directors’ compensation to the Shareholders’ Meeting.

Given the particular economic scenario, during the first part of the year the Board of Directors had instructed the Remuneration Committee to start an analysis of the Directors’ compensations with a representative sample of other companies operating in the same industry or having comparable size, listed in Italy or abroad.

Though the analyses performed showed that the compensation levels established by Edison are substantially in line with the average values of the analyzed sample, Edison’s Board of Directors deemed appropriate to give a material sign of moderation, given the particularly critical economic scenario.

More specifically, upon suggestion of the Company’s Remuneration Committee and with the approval of the Board of Statutory Auditors, the Board of Directors resolved to reduce the Chairman’s total compensation by 10% and the CEO’s fixed compensation by 10% and variable compensation by up to 25%.

Consistently with these decisions, the Board of Directors will propose a similar compensation reduction (10%) for all the members of the Board of Directors at the next meeting.

Edison’s Press Office
Stefano Amoroso
Media Relations Manager
T 02 6222 7276
M 340 2838136
stefano.amoroso@edison.it
Lucia Caltagirone
T 02 6222 8283
M 331.6283718
lucia.caltagirone@edison.it
Florian Ciornei
T 02 6222 8124
M 335 1879394
florian.ciornei@edison.it