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Corporate Governance






Shareholders

Structure of the Share Capital



As of December 31, 2008, the capital stock of ENDESA, S.A. amounted to €1,270,502,540.40 and was fully subscribed and paid in. The figure has not varied in the last eight years and is currently made up of 1,058,752,117 shares each with a par value of €1.20, all belonging to the same class, and with the same voting and dividend rights.

The shares are represented by book entries and are registered in the Central Register of IBERCLEAR, the entity in charge of the accounting record for the shares. They are listed on the Spanish Stock Exchanges and on the "Off Shore" Stock Exchange in Santiago, Chile.

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