E.ON receives antitrust approval for Endesa bid

Dusseldorf (ots) - E.ON today received antitrust approval from the
European Commission for its EUR29.1 billion bid for Endesa, announced
on February 21, 2006. The Commission has concluded that the
transaction will have no negative effects on competition in European
energy markets.

E.ON Chief Executive Wulf Bernotat said, "This approval is granted
without any conditions. It represents one of the key steps in the
takeover process and also furthers the EU's vision to develop a pan
European energy market."

Following E.ON's in depth submission to Spain's Comisión Nacional
de Energía (CNE) on April 19, 2006, E.ON remains confident that all
further regulatory requirements will be met to enable the takeover to
proceed.

Media Contact
E.ON AG, Corporate Communications
Dr. Peter Blau +49 (0)211 45 79 627
Josef Nelles +49 (0)211 45 79 544

Spain
Deva Comunicaciones +34 91 360 1720
Gonzalo Lacalle +34 677 405 341
Juan Torres +34 666 582 837

UK / International
Finsbury Group +44 (0)20 7251 3801
Edward Orlebar +44 (0)7771 888 136
Rollo Head +44 (0)7768 994 987

This press release does not constitute an invitation to sell or an
offer to buy any securities or a solicitation of any vote or
approval. Endesa investors and security holders are urged to read
the prospectus and U.S. tender offer statement from E.ON regarding
the proposed tender offer for Endesa when they become available,
because they will contain important information. The prospectus and
certain complementary documentation will be filed in Spain with the
Spanish Comisión Nacional del Mercado de Valores (the "CNMV").
Likewise, a U.S. tender offer statement will be filed in the United
States with the U.S. Securities and Exchange Commission (the "SEC").
Investors and security holders may obtain a free copy of the
prospectus (when it is available) and its complementary documentation
from E.ON, Endesa, the four Spanish Stock Exchanges, and Santander
Investment Bolsa SV SA or Santander Investment SA, Corredores de
Bolsa. The prospectus will also be available on the websites of the
CNMV (www.cnmv.es) and E.ON (www.eon.com). Likewise, investors and
security holders may obtain a free copy of the U.S. tender offer
statement (when it is available) and other documents filed by E.ON
with the SEC on the SEC's web site at www.sec.gov. The U.S. tender
offer statement and these other documents may also be obtained for
free from E.ON, when they become available, by directing a request to
E.ON AG, External Communications, Tel.: 0211- 45 79 - 4 53.

This press release may contain forward-looking statements. Various
known and unknown risks, uncertainties and other factors could lead
to material differences between the actual future results, financial
situation, development or performance of E.ON and Endesa and the
estimates given here. These factors include the inability to obtain
necessary regulatory approvals or to obtain them on acceptable
terms; the inability to integrate successfully Endesa within the E.ON
Group or to realize synergies from such integration; costs related to
the acquisition of Endesa; the economic environment of the industries
in which E.ON and Endesa operate; and other risk factors discussed in
E.ON's public reports filed with the Frankfurt Stock Exchange and
with the SEC (including E.ON's Annual Report on Form 20-F) and in
Endesa's public reports filed with the CNMV and with the SEC
(including Endesa's Annual Report on Form 20-F). E.ON assumes no
liability whatsoever to update these forward-looking statements or to
conform them to future events or developments.

Originaltext: E.ON AG
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Please contact:
Josef Nelles
Tel.+49-211-4579-544