ENDESA Raises Its Global Power Output by 2.9%

  
    
  
  
    
      ENDESA (NYSE:ELE) produced a total of 141,029 GWh of power in the first 
      nine months of 2006, an increase of 2.9% from the same period last year. 
      Growth was driven by in the areas outside of Spain where ENDESA 
      generates power, with increases of 8.2% in Latin America and 8.3% in 
      Europe. In Spain, output between January and September reached 68,222 
      GWh, 2.2% lower than in the year-ago period. Over half of the total 
      energy generated by ENDESA at present comes from outside Spain.
    
    
      By technology, noteworthy was the 8.8% increase (to 39,655 GWh) in ENDESA’s 
      hydro generation, thanks to the increase in rainfall in Latin America. 
      CCGT output fell during the period (-8.5%, to 22,600 GWh), mostly 
      because of the decline in the usage of these plants in Latin America, 
      where there was a scarcity in gas supply.
    
    
      Nuclear generation rose 5.8% and renewable/CHP output by 12.9% (to 1,793 
      GWh).
    
    
      ENDESA boasts a balanced production mix: 28% of GWh produced at all its 
      plants is hydro based, 29% is coal, 13% is nuclear, 13% fuel-oil/gas, 
      16% is from CCGTs and 1% from renewable/CHP.
    
    
      This balanced mix provides ENDESA with stable generation in different 
      scenarios, making it less vulnerable to hydro volatility in the mainland 
      or to swings in oil and gas prices.
    
    
      SPAIN
    
    
      ENDESA produced 68,222 GWh of power in Spain in the first nine months of 
      2006, a decrease of 2.2% on the same period of 2005. Power output 
      totalled 55,533 GWh in the ordinary mainland system –a 
      3.9% decrease- and 10,919 GWh in the Balearic and Canary Islands and 
      Ceuta-Melilla systems -an increase of 5.1%-. Energy produced via CCGTs 
      and renewable/CHP rose 12.8% (to 1,770 GWh) and via wind power by 26%. 
      The fall in mainland output was caused by the drought affecting the 
      hydro systems since last year, the shut-down for revision of the Los 
      Barrios plant and high CO2 prices, which affected coal-fired output.
    
    
      ENDESA’s hydro output in Spain fell 8.9% yoy 
      to 5,541 GWh, while the rest of the technologies showed mixed 
      performances. Generation by the coal plants (25,700 GWh) was down 5.6%, 
      while generation by the CCGTs (5,605 GWh) was flat. Nuclear output 
      (17,806 GWh) was 5.8% higher, while output from ENDESA’s 
      fuel-gas plants (881 GWh) plummeted 56.6%.
    
    
      Latin America
    
    
      ENDESA produced 46,364 GWh of power in Latin America through to 
      September this year, 8.2% more than in the same period last year. ENDESA’s 
      output in Argentina rose 11.6% to 13,444 GWh, largely thanks to the 
      rebound in hydro. Production rose 4.1% in Peru (to 5,271 GWh), 6.6% in 
      Chile (to 14,693 GWh), 8.2% in Colombia (to 9,577 GWh) and 8.% in Brazil 
      (to 3,379 GWh) vs. 9M05.
    
    
      Europe
    
    
      Output has continued to rise in Europe, which, together with Latin 
      America,. underpinned the Group’s overall 
      increase. In Europe, generation rose 8.3%, to 26,443 GWh.
    
    
      Production in Italy through to September totalled 19,420 GWh, 12.1% 
      higher than the 17,329 GWh produced in the first nine months of 2005. 
      The significant boost was due to the recent start-up of CCGTs 
      (generation with this technology has increased by 9.2%, to 9,084 GWh) 
      and the needs of the fuel plants, which produced 32.8% more power, or 
      3,715 GWh. Hydro output was flat (at 1,816 GWh), while coal generation 
      rose 9.3% to 4,783 GWh.
    
    
      Snet’s output in the first nine months of 2006 
      was 7,023 GWh, a touch below last year's level.
    
    
      * 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.
    
  
ENDESA (NYSE:ELE) produced a total of 141,029 GWh of power in the
first nine months of 2006, an increase of 2.9% from the same period
last year. Growth was driven by in the areas outside of Spain where
ENDESA generates power, with increases of 8.2% in Latin America and
8.3% in Europe. In Spain, output between January and September reached
68,222 GWh, 2.2% lower than in the year-ago period. Over half of the
total energy generated by ENDESA at present comes from outside Spain.

   By technology, noteworthy was the 8.8% increase (to 39,655 GWh) in
ENDESA's hydro generation, thanks to the increase in rainfall in Latin
America. CCGT output fell during the period (-8.5%, to 22,600 GWh),
mostly because of the decline in the usage of these plants in Latin
America, where there was a scarcity in gas supply.

   Nuclear generation rose 5.8% and renewable/CHP output by 12.9% (to
1,793 GWh).

   ENDESA boasts a balanced production mix: 28% of GWh produced at
all its plants is hydro based, 29% is coal, 13% is nuclear, 13%
fuel-oil/gas, 16% is from CCGTs and 1% from renewable/CHP.

   This balanced mix provides ENDESA with stable generation in
different scenarios, making it less vulnerable to hydro volatility in
the mainland or to swings in oil and gas prices.

   SPAIN

   ENDESA produced 68,222 GWh of power in Spain in the first nine
months of 2006, a decrease of 2.2% on the same period of 2005. Power
output totalled 55,533 GWh in the ordinary mainland system -a 3.9%
decrease- and 10,919 GWh in the Balearic and Canary Islands and
Ceuta-Melilla systems -an increase of 5.1%-. Energy produced via CCGTs
and renewable/CHP rose 12.8% (to 1,770 GWh) and via wind power by 26%.
The fall in mainland output was caused by the drought affecting the
hydro systems since last year, the shut-down for revision of the Los
Barrios plant and high CO2 prices, which affected coal-fired output.

   ENDESA's hydro output in Spain fell 8.9% yoy to 5,541 GWh, while
the rest of the technologies showed mixed performances. Generation by
the coal plants (25,700 GWh) was down 5.6%, while generation by the
CCGTs (5,605 GWh) was flat. Nuclear output (17,806 GWh) was 5.8%
higher, while output from ENDESA's fuel-gas plants (881 GWh) plummeted
56.6%.

   Latin America

   ENDESA produced 46,364 GWh of power in Latin America through to
September this year, 8.2% more than in the same period last year.
ENDESA's output in Argentina rose 11.6% to 13,444 GWh, largely thanks
to the rebound in hydro. Production rose 4.1% in Peru (to 5,271 GWh),
6.6% in Chile (to 14,693 GWh), 8.2% in Colombia (to 9,577 GWh) and 8.%
in Brazil (to 3,379 GWh) vs. 9M05.

   Europe

   Output has continued to rise in Europe, which, together with Latin
America,. underpinned the Group's overall increase. In Europe,
generation rose 8.3%, to 26,443 GWh.

   Production in Italy through to September totalled 19,420 GWh,
12.1% higher than the 17,329 GWh produced in the first nine months of
2005. The significant boost was due to the recent start-up of CCGTs
(generation with this technology has increased by 9.2%, to 9,084 GWh)
and the needs of the fuel plants, which produced 32.8% more power, or
3,715 GWh. Hydro output was flat (at 1,816 GWh), while coal generation
rose 9.3% to 4,783 GWh.

   Snet's output in the first nine months of 2006 was 7,023 GWh, a
touch below last year's level.

   * 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.