Santiago, November 10, 2015. Endesa Chile's Board of Directors, in an extraordinary meeting held today, decided by a majority of its members to summon an Extraordinary Shareholders Meeting on December 18, 2015. This, after the last meeting on November 05 determined that the reorganization proposal contributes to the company interests.

The purpose of the summons is for the Shareholders to decide on the proposal to split the Company into two companies: the new open-ended stock company, Endesa Americas, which will include the corporate shares, assets, and liabilities associated to Endesa Chile outside of Chile, and the divided company, Endesa Chile, that will include all of the relevant business in Chile including assets, liabilities and administrative authorizations in the country not expressly assigned to Endesa Americas.

The Board of Endesa Chile has also resolved by unanimous vote, to empower the Company's General Manager to, within a reasonable time, assess the feasibility of certain measures contained in the Directors Committee Report and those communicated by shareholders, to determine their compatibility with the applicable legal provisions and the terms and conditions of the corporate restructuring that were approved by the Board of Directors and notified to the market and shareholders in general.

Shareholders may obtain the documents that explain the matters subject to resolution of the Board at: www.endesa.cl

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