According to the acquisition contract signed last December 22, 2009 and following the approval by the Antitrust Authority, the Terna Group finalized today with A2A S.p.A. and through Terna Linee Alta Tensione S.r.l. (“Telat”), Terna S.p.A.’s subsidiary, the acquisition of the entire share capital of Reti Trasmissione Energia Elettrica ASM S.r.l. (“Retrasm”).

The consideration paid for the entire share capital of Retrasm was equal to nearly 28 million euros.
Retrasm is an electricity transmission company that presently manages and owns a portion of the National Transmission Grid (NTG) equal to nearly 288 km of lines and relative bays and 1 220/130 kilovolt power station.

Still today, Retrasm’s meeting appointed its new Sole Director and resolved on moving its headoffice to Rome, also modifying its corporate name into “Rete di Trasmissione Brescia S.r.l.”.

Rome, August 5, 2010