(1) Current value is calculated using the last Official Price (at market close) or Trading Price (during trading hours).
(2) The return means the price appreciation of Terna share bougth in date X and sold in date Y. In case of dividends reinvested, the return is that for a shareholder who bought Terna share in date X and divested in date Y, using the dividends paid in the period to buy other Terna share. The dividends paid during the period (€ 0.045 on October 21st, 2004, € 0.070 on May 26th, 2005, € 0.050 on November 24th, 2005, € 0.08 on June 22nd, 2006, € 0.053 on November 23rd, 2006, € 0.087 on June 21st, 2007, € 0.056 on November 22nd, 2007, € 0.095 on June 26th, 2008, € 0.0592 on November 27th, 2008, € 0.0988 on June 25th, 2009 and € 0.07 on November 26th, 2009 and € 0.12 on June 24th, 2010) are assumed reinvested in Terna at the ex-dividend date (respectively October 18th, 2004, May 23rd, 2005, November 21st, 2005, June 19th, 2006, November 20th, 2006, June 18th, 2007, November 19th, 2007, June 23rd, 2008, November 24th, 2008, June 22nd, 2009 and November 23rd, 2009 and June 21st, 2010).