Article: Endesa 9 Months 2003 Consolidated Results; Net Income Was Euro 1,145 Million, a 3.9% Increase over the Same Period of 2002.

Energy Editors/Business Editors

NEW YORK--(BUSINESS WIRE)--Oct. 22, 2003

Endesa (NYSE: ELE):

 
 
Debt Was Reduced by Euro 4,769 Million, or 21%, in the 
   First Nine Months of 2003 
 
--  Euro 1,104 million of net profits came from Endesa's core 
business, the Spanish electricity business, Euro 48 million 
corresponded to Latin America, a Euro 158 million improvement 
over the first nine months of 2002 and Euro 29 million came 
from European business. It should be underlined that this 
evolution marked major improvements since September 2002 when 
both, Latin-American and ...

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