Article: ENDESA's Net Income Rises to Euro 633 Million in the First Quarter of 2007.

Net income, on a like-for-like basis, increased 11.4.

Total net income for January-March of this year was Euro 419 million lower than the same period in 2006, when the Company posted Euro 484 million in capital gains and other extraordinary income.

NEW YORK -- ENDESA (NYSE:ELE):

EBITDA GROWTH REFLECTS A POSITIVE PERFORMANCE OF ENDESA'S BUSINESSES

EBITDA stood at Euro 2,000 million in the first quarter of the year, an increase of 15.3 on a like-for-like basis and 2.7 vs. last year's reported amount during 1Q06.

BALANCED CONTRIBUTION FROM ALL BUSINESSES TO TOTAL INCOME

The Spanish and Portuguese business posted net ...

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