Enel and the financial markets

Main per-share data and capitalization

Notes:
(*) Dividend proposed by the Board of Directors on March 17, 2010 equal to € 0.25 per share (of which €0.10 paid as an interim dividend in November 2009).
(1) The prices for 2008 have been corrected to take account of the effects of the capital increase completed on July 9, 2009.
(2) Calculated on average share price in December.

Notes:
(1) Figures updated to March 9, 2010.
(2) As from June 1, 2009, figures for the MIB 30 index have no longer been available.
(3) The data for the new FTSE Italia All Share index are available as from May 26, 2009.

Despite the deep recession that characterized 2009, the world’s economies gained strength during the 2nd Half of the year. The economic recovery, which got under way in during the summer, continued through the rest of the year, driven by the expansionary policies adopted in the major economies. In the 3rd Quarter of 2009 GDP began to expand again in the United States and the euro area, albeit at a moderate pace, while growth accelerated in the emerging economies of Asia and Latin America.
The main central banks maintained an expansionary policy stance for all of 2009, keeping official rates at a level consistent with their monetary policy intentions (the main policy rates at December 31, 2009, were equal to 0.25% for the Fed and 1% for the ECB).
In the financial markets, 2009 saw equity prices recover as strains in the financial markets began to ease in mid-March. Although fluctuating, prices revived after the steep slide registered the previous year.
The main European markets posted sharp gains from the lows registered in March. The CAC40 index (France) closed the year up about 22%, while the DAX30 (Germany) gained about 24%, the FTSE100 (United Kingdom) rose 22% and the IBEX35 (Spain) rose about 30%. 
In Italy, the FTSE Italia All Share index closed 2009 with a gain of about 19%, slightly smaller than the increases posted by the other main European markets.
The utilities segment benefited only partially from the improvement in economic conditions. The Dow Jones Stock Utilities index, which tracks the sector in Europe, ended 2009 virtually unchanged from its level on January 1 of the same year. The annual rise in the world index for the segment was also well below the average gains posted by markets in general (the Bloomberg World Electricity index rose by about 5% in 2009). A factor in the disappointing performance of the sector was the abrupt fall in demand and the price of electricity during the year.
The Enel stock price closed 2009 at €4.048 (up 1.53% compared with January 1, 2009), in line with the performance of the industry’s benchmark indices reported above.
On November 26, 2009, Enel paid an interim dividend on 2009 profits of €0.10 per share, which together with the dividend paid on June 25 brought total dividends paid during the year to €0.39 per share.
At December 31, 2009, the Ministry for the Economy and Finance held 13.9% of Enel, while Cassa Depositi e Prestiti held 17.4%, institutional investors 38.1% and private investors the remaining 30.6%.
For further information we invite you to visit the Investor Relations section of our corporate website (http://www.enel.com/en-GB/investor/), which contains financial data, presentations, on-line updates on the share price, information on corporate bodies and the regulations of shareholders’ meetings, as well as periodic updates on corporate governance issues.
We have also created contact centers for private investors (which can be reached by phone at +39-0683054000 or by e-mail at azionisti.retail@Enel.com) and for institutional investors (phone: +39-0683057975; e-mail: investor.relations@enel.com).

Performance of Enel share price and the Bloomberg World Electricity, Dow Jones Stoxx Utilities and FTSE Italia All Share indices.