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Investor Presentaiton

Company Stake Focus on Associates - equity method consolidation E✓ Description endesa Change in 2014 due to IFRS11 Installed capacity Book value 2013 (MW) (€m) (1) Enel Green Power España 40% Renewable capacity 1,900 825 Endes Gas T&D 20% Gas transmission & distribution Elcogas 41% IGCC (3) plant 334 Tecnatom 45% Nuclear Engineering Co. (4) 30 AYESA Advanced Technologies 22% Engineering and IT services 4 Suministradora Electrica de Cadiz 34% Electricity supply 17 Electricidad de Puerto Real 50% Electricity supply Hydro + wind combined plant 6 Gorona del Viento El Hierro 30% project Nuclenor (2) 50% Nuclear plant 466 12 Tejo Energía Pegop Carbopego Tahaddart 39% Coal-fired power plant (Portugal) 628 58 50% Maintenance and operations (Portugal) 3 50% Fuel supplier (Portugal) 3 32% CCGT plant (Morocco) 380 30 Compostilla ENEL Insurance Elecgas Total (1) Book value has been restated in order to reflect IFRS11 changes. (2) Garoña plant has not been operating during 2013. (3) Integrated Gasification Combined Cycle. (4) €100m sales in 2013. 50% Reinsurance 41 50% Insurance 49 50% Financing company (12) ✓ 1,065 80
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