The Board of Directors of Red Electrica Corporacion, at its meeting held May 31, 2013, has agreed to appoint Carmen Gomez de Barreda as Lead Independent Director of the company. The new Lead Independent Director, Carmen Gomez de Barreda Tous de Monsalve, with extensive experience in the energy sector, was appointed Independent Director of Red Electrica corporation at the Annual Shareholders' Meeting held on April 19, 2012.