Rome, Tuesday, 14 June 2011. A meeting of Acea SpA’s Board of Directors, chaired by Giancarlo Cremonesi, was held today to, among other things, assess the impact of the results of the recent Referendum.
Repeal of the legislation covered by the Referendum does not alter Acea’s existing position in the Italian water market. In any event, the Company intends to await enactment of the ensuing legislation before assessing the sustainability of its planned investments.
As an alternative, Acea will channel its efforts into developing other Italian
businesses where the Company has comparable leadership positions (electricity distribution and generation, renewable energies, waste treatmentand disposal) and its overseas operations.
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