NEW YORK--(BUSINESS WIRE)--
SIGNIFICANT EVENT
Attached is Significant Event filed with the Superintendency of Securities and Insurance of Chile, by ENERSIS, an Endesa investee.
“In accordance with articles 9 and 10, paragraph 2, of Securities Market Law 18,045 and General Regulation No. 30 of the Superintendency of Securities and Insurance, and by virtue of the powers vested in me, I hereby report, by way of disclosure of a significant event, that the Directors’ Committee has reviewed and unanimously resolved to submit to the Board of Directors without comment the contract for subscription for shares to be entered between Enersis S.A. and its parent company Endesa, S.A., for circulation to shareholders. The contract will be laid before shareholders for approval at the Extraordinary General Meeting convened for 20 December 2012 to decide upon the capital increase of Enersis S.A. The contract will be available to shareholders for inspection, in draft form and without its specifying annexes, at the Enersis S.A. Investment and Risk Department, located at Santa Rosa 76, Floor 15, Santiago, and on the company website www.enersis.cl.
In addition, it is hereby disclosed, as a significant event, that the Depositary, Citibank, has stated that it does not intend to grant proxies to the Chairman of the Board to use his discretion on behalf of ADR holders who have not expressed any voting preference."
Madrid, 19 December 2012