Purchase of shares in CESI

On October 6, 2009, Terna completed the purchase of the 1.871% stake (64,000 shares) held by A2A S.p.A. in CESI.
On October 30, 2009, the Parent also completed the purchase of the 4.68% stake (160,000 shares) held by Siemens S.p.A. in CESI.
As a result of these transactions, Terna’s equity interest in CESI S.p.A. reached 30.91%, which, for the Terna Group, represents an investment in an associated company.
CESI S.p.A. constructs and manages labs and systems for testing, inspection and research regarding electrical technology in general, as well as technical and scientific progress in that field.