ENDESA Announces Interim Dividend for 2006

  
    
  
  
    
      At its meeting of 24 October 2006, ENDESA’s (NYSE:ELE) 
      Board of Directors has agreed to pay a gross interim dividend charged 
      against 2006 earnings of Euros 0.50 per share.
    
    
      This dividend will be paid to ENDESA, S.A. shareholders on 2 January 
      2007 through the banks and other financial institutions to be announced 
      at a later date.
    
    
      As a result, ENDESA shares will go ex-dividend on 2 January 2007.
    
    
      The amount of the interim dividend implies a 63.9% increase from the 
      2005 interim dividend paid in January.
    
    
      * 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 Comisión 
      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, 2005. 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.
    
  
At its meeting of 24 October 2006, ENDESA's (NYSE:ELE) Board of
Directors has agreed to pay a gross interim dividend charged against
2006 earnings of Euros 0.50 per share.

   This dividend will be paid to ENDESA, S.A. shareholders on 2
January 2007 through the banks and other financial institutions to be
announced at a later date.

   As a result, ENDESA shares will go ex-dividend on 2 January 2007.

   The amount of the interim dividend implies a 63.9% increase from
the 2005 interim dividend paid in January.

   * 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, 2005. 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.