The board of Empresa Nacional de Electricidad S.A. on October 28, 2009 agreed to distribute a Provisional Dividend of CHP 9.31235 per share, payable on December 16, 2009. This Dividend accounts for 15% of net earnings for the period ended on September 30, 2009, against the net income for 2009, in accordance with the current dividend policy. Shareholders registered in the Shareholders Registry as of December 10, 2009 will be entitled to this dividend.

Empresa Nacional de Electricidad S.A. announced Mr. Mario Valcarce Dur?proceeded to resign as Director and President of the Board of Directors of Endesa Chile.

Empresa Nacional de Electricidad S.A. reported consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported EBITDA of CLP 330,150 million, operating income of CLP 282,200 million, net income before tax of CLP 276,126 million and net attributable to stockholders of the parent company of CLP 177,947 million or CLP 21.70 per share on operating revenue of CLP 618,067 million compared to EBITDA of CLP 283,624 million, operating income of CLP 232,077 million, net income before tax of CLP 185,465 million and net attributable to stockholders of the parent company of CLP 114,114 million or CLP 13.91 per share on operating revenue of CLP 617,956 million for the same period of last year. For the nine months, the company reported EBITDA of CLP 975,290 million, operating income of CLP 828,665 million, net income before tax of CLP 767,523 million and net attributable to stockholders of the parent company of CLP 509,184 million or CLP 62.08 per share on operating revenue of CLP 1,879,052 million compared to EBITDA of CLP 720,754 million, operating income of CLP 575,861 million, net income before tax of CLP 516,001 million and net attributable to stockholders of the parent company of CLP 315,616 million or CLP 38.48 per share on operating revenue of CLP 1,818,249 million for the same period of last year. The company reported return on assets of 9.58% and return on equity of 28.01% compared to return on assets of 9.23% and return on equity of 27.62% for the full year of 2008. The company reported net cash provided by operating activities of CLP 720,044 million compared to CLP 619,413 million for the same period of last year. This flow mainly comprises the net income for the period of CLP 624,085 million. The company reported acquisition of property, plant and equipment of CLP 235,739 million compared to acquisition of property, plant and equipment of CLP 182,690 million for the same period of last year.