Endesa Chile and Endesa Américas Announce Revised Record Date for Spin-Off of Endesa Américas

SANTIAGO, Chile, April 15, 2016 /PRNewswire/ -- ENDESA CHILE S.A. (NYSE: EOC) and ENDESA AMÉRICAS S.A. today announced that in connection with the spin-off by Endesa Chile of Endesa Américas (the "Spin-off"), the record date for determining the holders of Endesa Chile common stock entitled to receive one share of Endesa Américas common stock for each share of Endesa Chile common stock held has been revised to April 20, 2016 from the previously announced date of April 14, 2016.  The record date for determining the holders of American Depositary Shares ("ADSs") of Endesa Chile entitled to receive one ADS of Endesa Américas for each ADS of Endesa Chile held remains at April 14, 2016.  The previously announced distribution dates of April 21, 2016 for shares of Endesa Américas common stock and April 26, 2016 for Endesa Américas ADSs remain unchanged.

On April 13, 2016, Endesa Americas' registration with the Chilean Superintendence of Securities and Insurance (Superintendencia de Valores y Seguros, or the "SVS") was approved and subsequently, Endesa Américas received approval to list its shares of common stock on the Santiago Stock Exchange, the Valparaiso Stock Exchange and the Electronic Stock Exchange in Chile.  The distribution of Endesa Américas common stock and ADSs are subject to the satisfaction or waiver of certain conditions described in the Endesa Américas registration statement on Form 20-F (the "Registration Statement") filed with the U.S. Securities and Exchange Commission.]

There is currently no market for Endesa Américas common stock. The New York Stock Exchange (NYSE) has authorized the listing of Endesa Américas ADSs under the symbol 'EOCA,' subject to official notice of distribution.

The Registration Statement filed with the SEC contains information about Endesa Américas and its businesses, details regarding the distribution of Endesa Américas ADSs and other important information. The Registration Statement is available on the SEC's website at www.sec.gov (http://www.sec.gov).

Caution Concerning Forward-Looking Statements

This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about the completion of the Spin-Off, timing of trading on the NYSE, Santiago Stock Exchange, the Electronic Stock Exchange and the Valparaíso Stock Exchange, conditions to the distribution, and statements about the objectives of the Spin-off, Endesa Americas' strategy and other non-historical matters. These statements are based on management's current expectations or beliefs, and are subject to uncertainty and changes in circumstances. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond our control, which could cause the actual results to differ materially from those indicated in our forward-looking statements. Such risks include a failure to successfully separate Endesa Américas from Endesa Chile, the satisfaction of conditions of the Spin-off, the ability of the businesses of Endesa Chile and Endesa Américas to continue to grow and develop according to their business development plans, trends in the industries in which the businesses of Endesa Chile and Endesa Américas operate, customer demand, the competitive landscape in which the businesses of Endesa Chile and Endesa Américas operate, changes in regulation applicable to the businesses of Endesa Chile and Endesa Américas, competition risk, regulatory risk, financial markets risk, operational risks, and other risks and factors, including those set forth under the heading "Risk Factors" in Endesa Americas' Registration Statement. Except as required by law, Endesa Chile and Endesa Américas undertake no obligation to update these forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

For further information, please contact us:

SOURCE Endesa Chile