ENDESA To Use the Mugardos Regasification Plant to Receive Natural Gas from Qatar

  
    
  
  
    
      ENDESA (NYSE:ELE):
    
    
      
        A delegation from Qatari company Rasgas visited the plant which 
        will come on stream next spring. Rasgas has a contract with ENDESA to 
        supply one bcm of LNG a year.
      
    
    
      ENDESA (NYSE:ELE) will use Reganosa’s 
      installations in Mugardos-Ferrol to receive part of the one billion 
      cubic meters (one bcm) of gas it imports from Qatar via Rasgas. To this 
      end, ENDESA invited a group of technicians from that company to visit 
      the terminal.
    
    
      Reganosa is building the second LNG terminal at Mugardos, along the 
      Ferrol ria, in which ENDESA and other partners hold a stake. Headed by 
      ENDESA, this project is now nearly 90% complete and will be able to 
      receive its first methane gas tanker in February with the plant coming 
      fully on stream in the spring.
    
    
      The regasification plant has its own dock and two tankers with a storage 
      capacity of 150,000 cubic meters. It also has a 130km long gas pipeline. 
      Thanks to this infrastructure, not only will the plant be able to supply 
      the market in general but also ENDESA’s As 
      Pontes 800 MW CCGT plant.
    
    
      ENDESA signed a supply agreement with Rasgas in 2003 under which the 
      Qatari company would supply one bcm of natural gas a year for 20 years. 
      Qatar is the third largest supplier of LNG in the world.
    
    
      
        
          For additional information please contact Alvaro Perez de Lema,
        
      
      
        
          North America Investor Relations Office,
        
      
      
        
          Telephone # [phone]
        
      
      
        
          http://www.endesa.es
        
      
    
    
      * 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, 2004. 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):

   --  A delegation from Qatari company Rasgas visited the plant
        which will come on stream next spring. Rasgas has a contract
        with ENDESA to supply one bcm of LNG a year.

   ENDESA (NYSE:ELE) will use Reganosa's installations in
Mugardos-Ferrol to receive part of the one billion cubic meters (one
bcm) of gas it imports from Qatar via Rasgas. To this end, ENDESA
invited a group of technicians from that company to visit the
terminal.

   Reganosa is building the second LNG terminal at Mugardos, along
the Ferrol ria, in which ENDESA and other partners hold a stake.
Headed by ENDESA, this project is now nearly 90% complete and will be
able to receive its first methane gas tanker in February with the
plant coming fully on stream in the spring.

   The regasification plant has its own dock and two tankers with a
storage capacity of 150,000 cubic meters. It also has a 130km long gas
pipeline. Thanks to this infrastructure, not only will the plant be
able to supply the market in general but also ENDESA's As Pontes 800
MW CCGT plant.

   ENDESA signed a supply agreement with Rasgas in 2003 under which
the Qatari company would supply one bcm of natural gas a year for 20
years. Qatar is the third largest supplier of LNG in the world.

-0-
*T
   For additional information please contact Alvaro Perez de Lema,
               North America Investor Relations Office,
                       Telephone # [phone]
                         http://www.endesa.es
*T

   * 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, 2004. 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.