Source : Amadeus Database (Bureau van Dijk) Update :October, 2009October, 2009

ENI S.P.A.
(ROMA, ITALY)

PLE ENRICO MATTEI, 1 Phone : +39 0659821 Operating revenue/Turnover (2007, mil USD) : 131,868

00144 ROMA Fax : +39 0 6610082 Net Income (2007, mil USD) : 15,912

ITALY Date of incorporation : 11/07/1992 Employees (2007) : 74,717

This company is quoted.

BvDEP ID number :

ITRM0756453

NACE Rev. 1.1 code :

1110 : Extraction of crude petroleum and natural gas

Trade description :

Company engaged in the promotion and selling of coal as well as in the chemical, publishing, mechanical and non-ferrous metal businesses, engineering and petrol industry services.

Peer Group :


ILLUSTRATION OF THE EVOLUTION OF THREE KEY ITEMS

BALANCE SHEET(mil USD) 31/12/2007 31/12/2006 31/12/2004 31/12/2003 31/12/2002

12 months 12 months 12 months 12 months 12 months

Cons. Cons. Cons. Cons. Cons.

   ASSETS

Current Assets 50,512 45,525 33,344 29,674 25,947

Cash & Equivalents 3,112 5,248 1,477 1,996 1,878

Receivables 25,001 18,705 14,342 11,968 9,246

Other Current Assets 22,399 21,571 17,526 15,710 14,822

Fixed & Other Assets 98,847 70,782 65,441 59,647 46,354

Tangible Fixed Assets 77,003 58,359 51,237 45,922 35,334

Other Assets 21,844 12,423 14,204 13,725 11,020

Total Assets 149,359 116,307 98,785 89,321 72,301

   LIABILITIES

Current Liabilities 44,521 31,277 26,246 27,359 22,988

Accounts Payable 16,329 13,815 9,324 7,983 6,165

Other Current Liabilities 28,192 17,462 16,923 19,376 16,822

Non-Current Liabilities 41,734 30,770 23,918 22,201 16,605

Long Term Debt 16,679 9,758 10,669 10,734 7,143

Other Liabilities 25,055 21,013 13,249 11,467 9,462

Shareholders' Funds 63,104 54,259 48,620 39,762 32,708

Total Liabilites & Shareholders' Funds 149,359 116,307 98,785 89,321 72,301

INCOME STATEMENT(mil USD) 31/12/2007 31/12/2006 31/12/2004 31/12/2003 31/12/2002

12 months 12 months 12 months 12 months 12 months

Cons. Cons. Cons. Cons. Cons.

Operating Revenue / Turnover 131,868 115,676 108,077 90,163 70,712

Cost of Goods Sold n.a. n.a. n.a. n.a. n.a.

Operating Expenses -104,092 -90,223 -90,892 -78,034 -61,750

Operating Income 27,776 25,454 17,186 12,129 8,962

Financial P/L 1,708 1,401 -27 -325 -176

Tax -13,571 -13,918 -6,338 -4,093 -3,279

Extraordinary & Other Items 0 0 -76 62 -30

Net Income 15,912 12,937 10,744 7,772 5,476

EMPLOYEES 74,717 72,915 73,559 81,072 80,903

RATIOS 31/12/2007 31/12/2006 31/12/2004 31/12/2003 31/12/2002

Return on Shareholders Funds (%) 46.72 49.49 35.29 29.69 26.86

Return on total assets (%) 19.74 23.09 17.37 13.22 12.15

Return on Capital Employed (%) 34.70 37.73 25.03 25.32 23.59

Profit margin (%) 22.36 23.22 15.88 13.09 12.43

Current Ratio (x) 1.13 1.46 1.27 1.08 1.13

Solvency ratio (%) 42.25 46.65 49.22 44.52 45.24

Shareholders liquidity ratio (%) 1.51 1.76 2.03 1.79 1.97

Assets / Employee (th USD) 1,999 1,595 1,343 1,102 894

Net Assets Turnover (x) 1.26 1.36 1.49 1.46 1.43

MEDIAN VALUES OF THE PEER GROUP 2007 2006 2004 2003 2002

Operating Revenue / Turnover (th USD) 481,082 397,124 282,930 216,459 166,228

Operating Income (th USD) 111,834 83,217 47,059 27,046 24,749

Net Income (th USD) 84,161 61,457 32,565 15,507 12,391

Return on shareholders funds (%) 35.69 40.12 31.57 22.63 22.49

Return on capital employed (%) 26.68 28.73 21.92 17.14 16.38

ILLUSTRATION OF THE EVOLUTION OF KEY RATIOS

BOARD MEMBERS & OFFICERS

You may unfold the lines by clicking on the

Unfold All | Fold All

Name Title

Paolo Scaroni CEO

Alberto Clo' Adviser

Paolo Andrea Pio Colombo Adviser

Paolo Marchioni Adviser

Roberto Poli Adviser

Marco Reboa Adviser

Mario Resca Adviser

Paolo Scaroni Adviser

Pierluigi Scibetta Adviser

Francesco Taranto Adviser

Roberto Poli Chairman of the Board of Directors

SHAREHOLDERS

BvDEP Independence Indicator: A+ Help

Current definition of the UO :

path of min 25.01% of control, known shareholders

This is a quoted company.

The companies underlined and displayed in blue - bold are available on Amadeus.

The companies underlined and displayed in dark - bold are available on other BvDEP Databases.

	Shareholder name	Country	Type	Ownership		Source		Company Inform.
	Shareholder name	Country	Type	Direct (%)	Total (%)	Source ident.	Date of inform	Closing Date	Op. Revenue (mil USD)*	Total Assets (mil USD)
Shareholders
1.	MINISTERO DELL'ECONOMIA E DELLE FINANZE	IT	S	20.31	n.a.	RS	12/2008	-	-	-
2.	CASSA DEPOSITI E PRESTITI	IT	B	9.99	n.a.	RS	12/2008	><	5,027	307,137
3.	SELF OWNED	-	H	9.56	n.a.	RS	12/2008	-	-	-
4.	CREDIT SUISSE INTERNATIONAL	GB	B	2.65	n.a.	SE	11/2007	><	-3,979	975,713
5.	BANCA IMI SPA	IT	B	2.59	n.a.	SE	09/2009	><	1,036	113,698
6.	CAPITAL GROUP COMPANIES, INC., THE via its funds	US	E	-	2.59	FS	07/2009	><	n.a.	n.a.
7.	BARCLAYS GLOBAL INVESTORS UK HOLDINGS LIMITED	GB	F	2.00	n.a.	OS	03/2008	=	1,540	949
8.	BARCLAYS PLC	GB	B	-	2.00	OS	03/2008	><	31,273	2,992,835
9.	MONTE DEI PASCHI DI SIENA CAPITAL SERVICES BANCA PER LE IMPRESE SPA	IT	B	1.32	n.a.	SE	05/2009	><	375	48,491
10.	FMR LLC via its funds	US	F	-	1.25	FS	08/2009	><	3,823	n.a.
11.	SOCI�T� G�N�RALE via its funds	FR	B	-	1.23	FS	06/2009	><	29,556	1,572,624
12.	BARCLAYS PLC via its funds	GB	B	-	1.06	FS	09/2009	><	31,273	2,992,835
13.	ALLIANCEBERNSTEIN LP	US	B	<2.00	n.a.	SE	04/2008	><	3,501	8,504
14.	BANCA MONTE DEI PASCHI DI SIENA SPA	IT	B	-	<2.00	SE	05/2009	><	7,069	297,540
15.	BNP PARIBAS	FR	B	-	<2.00	SE	10/2009	><	36,868	2,888,543
16.	CREDIT SUISSE GROUP	CH	B	-	<2.00	SE	11/2007	><	6,609	1,100,263
17.	INTESA SANPAOLO	IT	B	-	<2.00	SE	09/2009	><	24,543	885,306
18.	MORGAN STANLEY	US	B	<2.00	n.a.	SE	05/2008	><	24,739	658,812
19.	BNP PARIBAS ARBITRAGE	FR	B	0.99	n.a.	SE	09/2009	><	174	434,177
20.	GOVERNMENT OF NORWAY via its funds	NO	S	-	0.96	FS	12/2008	-	-	-
21.	BPCE via its funds	FR	B	-	0.94	FS	09/2009	><	22,966	1,591,421
22.	SAS RUE LA BOETIE via its funds	FR	C	-	0.94	FS	06/2009	><	<0.5	27,213
23.	ALLIANZ SE via its funds	DE	A	-	0.85	FS	08/2009	><	92,090	1,309,557
24.	FRANKLIN RESOURCES, INC. via its funds	US	B	-	0.81	FS	07/2009	><	5,303	8,962
25.	AXA via its funds	FR	A	-	0.80	FS	08/2009	><	117,824	920,986
26.	GROUPE CM-CIC via its funds	FR	C	-	0.77	FS	06/2009	n.a.	n.a.	n.a.
27.	UNION ASSET MANAGEMENT HOLDING AG via its funds	DE	B	-	0.51	FS	07/2009	><	900	2,817
28.	WELLINGTON MANAGEMENT CO L.L.P. via its funds	US	E	-	0.45	FS	07/2009	><	n.a.	n.a.
29.	APG GROEP N.V. via its funds	NL	A	-	0.41	FS	12/2008	><	n.a.	n.a.
30.	BLACKROCK, INC. via its funds	US	F	-	0.41	FS	07/2009	><	5,064	19,924
31.	STATE STREET CORPORATION via its funds	US	B	-	0.40	FS	08/2009	><	10,675	173,631
32.	VANGUARD GROUP, INC. THE via its funds	US	E	-	0.40	FS	07/2009	><	n.a.	n.a.
33.	STATE OF ONTARIO via its funds	CA	S	-	0.38	FS	12/2008	-	-	-
34.	BNP PARIBAS via its funds	FR	B	-	0.37	FS	06/2009	><	36,868	2,888,543
35.	UBS AG	CH	B	-	0.36	OS	09/2008	><	3,866	1,894,423
36.	CREDIT SUISSE	CH	B	0.34	n.a.	SE	11/2007	><	10,542	1,082,701
37.	UNICREDIT SPA via its funds	IT	B	-	0.33	FS	07/2009	><	36,041	1,455,178
38.	INTESA SANPAOLO via its funds	IT	B	-	0.32	FS	06/2009	><	24,543	885,306
39.	DEKABANK DEUTSCHE GIROZENTRALE via its funds	DE	B	-	0.29	FS	07/2009	><	2,390	192,902
40.	GOVERNMENT OF FRANCE via its funds	FR	S	-	0.29	FS	06/2009	-	-	-
41.	THE NORTHERN CROSS INVESTMENTS LTD. via its funds	BM	F	-	0.29	FS	07/2009	n.a.	n.a.	n.a.
42.	UBS AG via its funds	CH	B	-	0.28	FS	08/2009	><	3,866	1,894,423
43.	DEUTSCHE BANK AG via its funds	DE	B	-	0.26	FS	08/2009	><	16,365	3,065,111
44.	GRANTHAM, MAYO, VAN OTTERLOO & CO, LLC via its funds	US	E	-	0.26	FS	07/2009	><	n.a.	n.a.
45.	ING GROEP NV via its funds	NL	B	-	0.25	FS	07/2009	><	29,274	1,853,275
46.	INVESSCO LTD via its funds	US	E	-	0.25	FS	07/2009	><	n.a.	n.a.
47.	JP MORGAN CHASE & CO. via its funds	US	B	-	0.25	FS	07/2009	><	66,578	2,175,052
48.	UNIVERSAL-INVESTMENT GESELLSCHAFT MIT BESCHR�NKTER HAFTUNG via its funds	DE	F	-	0.25	FS	06/2009	=	87	n.a.
49.	CONCERNED PARENTS AND TEACHERS OF WYCOCOMAGH AND AREA via its funds	CA	S	-	0.21	FS	03/2009	><	-	-
50.	AVIVA PLC via its funds	GB	A	-	0.19	FS	06/2009	><	52,781	505,373
51.	AZIMUT HOLDING SPA via its funds	IT	B	-	0.19	FS	06/2009	><	371	2,419
52.	MORGAN STANLEY via its funds	US	B	-	0.18	FS	08/2009	><	24,739	658,812
53.	REGERINGSKANSLIET (STATE OF SWEDEN) via its funds	SE	S	-	0.18	FS	12/2008	-	-	-
54.	SCHRODERS PLC via its funds	GB	B	-	0.18	FS	07/2009	><	1,421	11,070
55.	SUN LIFE FINANCIAL INC via its funds	CA	A	-	0.18	FS	07/2009	><	11,095	151,556
56.	ABERDEEN ASSET MANAGEMENT PLC via its funds	GB	B	-	0.17	FS	07/2009	><	757	4,267
57.	BANK OF NEW YORK MELLON CORPORATION via its funds	US	B	-	0.15	FS	07/2009	><	13,626	237,512
58.	EATON VANCE CORP via its funds	US	F	-	0.15	FS	07/2009	><	1,096	968
59.	INTERMONTE SIM SPA	IT	B	0.15	n.a.	SE	10/2007	><	151	330
60.	MUNICH RE GROUP via its funds	DE	A	-	0.15	FS	03/2009	><	52,647	292,488
61.	ARTIO GLOBAL INVESTORS INC. via its funds	US	F	-	0.14	FS	07/2009	><	313	245
62.	LAZARD LIMITED via its funds	BM	B	-	0.14	FS	07/2009	><	1,557	2,863
63.	ARCA SGR SPA via its funds	IT	E	-	0.13	FS	06/2009	n.a.	n.a.	n.a.
64.	INVESTEC PLC via its funds	GB	B	-	0.13	FS	06/2009	><	1,137	27,829
65.	GENERALI ASSICURAZIONI SPA via its funds	IT	A	-	0.12	FS	06/2009	><	89,926	525,969
66.	PGGM VERMOGENSBEHEER B.V. via its funds	NL	E	-	0.12	FS	12/2008	><	85	86
67.	TEACHERS INSURANCE & ANNUITY ASSOCIATION OF AMERICA via its funds	US	A	-	0.12	FS	06/2009	><	13,407	195,237
68.	HGI GROUP LIMITED via its funds	GB	A	-	0.11	FS	08/2009	><	472	1,468
69.	JUPITER INVESTMENT MANAGEMENT HOLDINGS LIMITED via its funds	GB	E	-	0.11	FS	06/2009	><	287	1,186
70.	KBC GROEP NV/ KBC GROUPE SA via its funds	BE	B	-	0.11	FS	06/2009	><	6,718	494,494
71.	NOMURA HOLDINGS INC via its funds	JP	B	-	0.11	FS	07/2009	><	2,780	253,380
72.	PRIMA SGR SPA via its funds	IT	E	-	0.11	FS	06/2009	n.a.	n.a.	n.a.
73.	CREDIT SUISSE SECURITIES (EUROPE) LTD	GB	B	0.10	n.a.	SE	11/2007	><	-791	302,428
74.	STATE OF BADEN-W�RTTEMBERG via its funds	DE	S	-	0.10	FS	07/2009	-	-	-
75.	CASSA DI RISPARMIO DI BIELLA E VERCELLI - BIVERBANCA	IT	B	0.08	n.a.	SE	05/2008	><	193	4,780
76.	EURIZON VITA SPA	IT	A	0.08	n.a.	SE	09/2009	><	2,592	71,905
77.	BNP PARIBAS SECURITIES SERVICES SA	FR	B	0.06	n.a.	SE	05/2009	><	1,450	112,103
78.	FINCEA - SOCIETA' PER AZIONI	IT	F	0.06	n.a.	HO	12/2006	=	407	971
79.	FORTIS BANK SA/ NV	BE	B	0.02	n.a.	SE	09/2009	><	6,903	816,617
80.	BANCA DELL' ADRIATICO SPA	IT	B	NG	n.a.	SE	09/2009	><	338	7,033
81.	BANCA FIDEURAM SPA	IT	B	NG	n.a.	SE	09/2009	><	842	14,703
82.	BANCO DI NAPOLI SPA	IT	B	NG	n.a.	SE	09/2009	><	1,723	33,245
83.	CASSA DI RISPARMIO DEL VENETO SPA	IT	B	NG	n.a.	SE	09/2009	><	911	22,627
84.	CASSA DI RISPARMIO DI FIRENZE SPA	IT	B	NG	n.a.	SE	05/2009	><	1,515	55,643
85.	CASSA DI RISPARMIO IN BOLOGNA SPA - CARISBO	IT	B	NG	n.a.	SE	05/2008	><	550	12,981
86.	EURIZONTUTELA SPA	IT	A	NG	n.a.	SE	09/2009	><	218	351
87.	INTESA SANPAOLO PRIVATE BANKING S.P.A.	IT	B	NG	n.a.	SE	09/2009	><	244	2,965
88.	MONTEPASCHI VITA SPA	IT	A	NG	n.a.	SE	10/2007	><	1,876	25,045
89.	SUD POLO VITA	IT	A	0.01	n.a.	SE	09/2009	><	101	7,308
90.	AUTOGIADA S.R.L.	IT	C	-	n.a.	HO	12/2006	><	30	11
91.	BANKERS INVESTMENT TRUST PLC	GB	B	-	n.a.	RM	10/2008	><	-271	668
92.	CINGOLI NICOLA & FIGLIO S.R.L.	IT	C	-	n.a.	HO	11/2008	><	18	31
93.	FIDELITY EUROPEAN VALUES PLC	GB	F	-	n.a.	RM	12/2008	><	9	1,106
94.	GIDAUTO - S.R.L.	IT	C	-	n.a.	HO	12/2006	><	44	12
95.	MONGE & C. - S.P.A.	IT	C	-	n.a.	HO	12/2006	><	97	101
96.	MURRAY INTERNATIONAL TRUST PLC	GB	B	-	n.a.	RM	12/2008	><	-94	1,078
97.	SICILCONAD MERCURIO SOCIETA' COOPERATIVA IN FORMA ABBREVIATA : SICILC	IT	C	-	n.a.	HO	12/2006	><	320	84

* For an insurance company the corresponding value is the Gross Premium Written and for a bank it is the Operating Income (memo).

SUBSIDIARIES (Roll-up structure)

Current definition of the UO :

path of min 25.01% of control, known shareholders

Filters :

No filter

The companies underlined and displayed in blue - bold are available on Amadeus.

The companies underlined and displayed in dark - bold are available on other BvDEP Databases.

	Subsidiary name	Coun- try	Ownership				Source		Company Inform.
	Subsidiary name	Coun- try	Direct (%)	Total (%)	Level of own.	Status	Source ident.	Date of inform	Closing Date	Op. Revenue (mil USD)*	Total Assets (mil USD)
1.	AGIP	IT	100.00	100.00	1	UO+	ST	01/2006	n.a.	n.a.	n.a.
2.	ENI ANGOLA S.P.A.	IT	100.00	100.00	1	UO+	RM	12/2008	><	194	406
3.	ENI INTERNATIONAL B.V.	NL	100.00	100.00	1	UO+	RM	12/2008	><	39	31,811
4.	ENI MEDIO ORIENTE S.P.A.	IT	100.00	100.00	1	UO+	RM	12/2008	><	n.a.	10
5.	ENI TRADING & SHIPPING S.P.A.	IT	100.00	100.00	1	UO+	RM	12/2008	=	11,012	5,575
6.	ENITECNOLOGIE S.P.A.	IT	100.00	100.00	1	UO+	HO	04/2006	><	135	102
7.	FIORENTINAGAS CLIENTI S.P.A.	IT	100.00	100.00	1	UO+	HO	04/2006	><	247	149
8.	HOTEL ASSETS LIMITED	GB	100.00	100.00	1	UO+	RM	12/2008	><	n.a.	16
9.	IEOC S.P.A. -	IT	100.00	100.00	1	UO+	RM	12/2008	><	14	182
10.	LNG SHIPPING S.P.A.	IT	100.00	100.00	1	UO+	RM	12/2008	><	82	658
11.	PRAOIL OLEODOTTI ITALIANI S.P.A.	IT	100.00	100.00	1	UO+	HO	04/2007	><	434	336
12.	RAFFINERIA DI GELA S.P.A.	IT	100.00	100.00	1	UO+	RM	12/2008	=	899	1,026
13.	TECNOMARE-SOCIETA' PER LO SVILUPPO DELLE TECNOLOGIE MARINE-S.P.A.O IN	IT	100.00	100.00	1	UO+	RM	12/2008	=	86	118
14.	AGENZIA GIORNALISTICA ITALIA S.P.A. IN FORMA ABBREVIATA AGI	IT	-	100.00	1	UO+	RM	12/2008	=	45	27
15.	AGIP BENELUX B.V.	NL	-	100.00	1	UO+	WW	12/2008	=	519	102
16.	AGIP RETE - SOCIETA' PER AZIONI O IN FORMA ABBREVIATA AGIPRETE- S.P	IT	-	100.00	1	UO+	RM	12/2008	=	704	183
17.	AGIPFUEL SOCIETA' PER AZIONI	IT	-	100.00	1	UO+	RM	12/2008	><	3,516	971
18.	COM. E S.V. S.R.L. - GAS E POWER UNIPERSONALE IN LIQUIDAZIONE	IT	-	100.00	1	UO+	OS	10/2008	><	5	1
19.	ECOFUEL S.P.A.	IT	-	100.00	1	UO+	RM	12/2008	><	1,474	360
20.	ENI BTC LIMITED	GB	-	100.00	1	UO+	HO	12/2006	><	n.a.	237
21.	ENI CORPORATE UNIVERSITY S.P.A.	IT	-	100.00	1	UO+	RM	12/2008	=	67	36
22.	ENI EAST AFRICA S.P.A.	IT	-	100.00	1	UO+	RM	12/2008	><	12	4
23.	ENI GAS TRANSPORT DEUTSCHLAND S.P.A.	IT	-	100.00	1	UO+	RM	12/2008	><	142	75
24.	ENI HELLAS S.P.A.	IT	-	100.00	1	UO+	RM	12/2008	><	n.a.	266
25.	ENI MEDITERRANEA IDROCARBURI S.P.A. IN FORMA ABBREVIATA ENIMED S.P.A.	IT	-	100.00	1	UO+	RM	12/2008	=	423	741
26.	ENI TIMOR LESTE S.P.A.	IT	-	100.00	1	UO+	RM	12/2008	><	10	13
27.	ENIPOWER SPA	IT	-	100.00	1	UO+	RM	12/2008	><	10	52
28.	ENISERVIZI S.P.A.	IT	-	100.00	1	UO+	RM	12/2008	><	354	214
29.	IMMOBILIARE EST SPA	IT	-	100.00	1	UO+	RM	12/2008	><	4	36
30.	NAPOLETANAGAS CLIENTI S.P.A.	IT	-	100.00	1	UO+	HO	04/2007	><	355	205
31.	SERVIZI AEREI SOCIETA' PER AZIONI	IT	-	100.00	1	UO+	RM	12/2008	><	39	77
32.	SERVIZI FONDO BOMBOLE METANO S.P.A. IN BREVE SFBM S.P.A.	IT	-	100.00	1	UO+	RM	12/2008	><	8	24
33.	ENI GAS & POWER BELGIUM	BE	99.99	n.a.	1	UO+	RM	12/2008	n.a.	n.a.	n.a.
34.	ENI INTERNATIONAL RESOURCES LIMITED	GB	99.99	n.a.	1	UO+	RM	12/2008	><	113	46
35.	ENI INVESTMENTS PLC	GB	99.99	n.a.	1	UO+	RM	12/2008	><	n.a.	3,348
36.	SYNDIAL S.P.A. - ATTIVITA' DIVERSIFICATE O IN FORMA ABBREVIATASYNDI	IT	99.99	n.a.	1	UO+	RM	12/2008	=	411	3,817
37.	SOCIETA' PETROLIFERA ITALIANA S.P.A.	IT	99.96	n.a.	1	UO+	RM	12/2008	><	<0.5	57
38.	SOCIETA' FINANZIAMENTI IDROCARBURI	IT	99.61	n.a.	1	UO+	RM	12/2008	n.a.	n.a.	n.a.
39.	AGIP PETROLI INTERNATIONAL B.V.	NL	WO	WO	1	UO+	JO	01/2009	><	<0.5	841
40.	ENI INSURANCE LIMITED	IE	WO	WO	1	UO+	JO	08/2009	=	308	1,129
41.	ENI UK HOLDING PLC	GB	-	WO	1	UO+	WW	02/2008	><	n.a.	2,669
42.	POLIMERI EUROPA S.P.A.	IT	-	WO	1	-	JO	10/2009	=	10,319	5,358
43.	SAIPEM INTERNATIONAL B.V.	NL	-	WO	1	UO-	JO	10/2009	><	<0.5	1,399
44.	TRANS TUNISIAN PIPELINE COMPANY LIMITED	IT	-	WO	1	-	WW	04/2009	><	464	1,067
45.	INVERSORA DE GAS CUYANA S.A.	AR	76.00	n.a.	1	UO	RM	12/2008	><	3	n.a.
46.	SOCIETA ITALIANA OLEODOTTI DI GAETA SPA	IT	72.48	n.a.	1	UO	RM	12/2008	n.a.	n.a.	n.a.
47.	SOM S.P.A.	IT	70.00	n.a.	1	UO	RM	12/2008	><	155	76
48.	TOSCANA ENERGIA CLIENTI S.P.A.	IT	61.45	n.a.	1	UO	RM	12/2008	><	600	380
49.	AGIP PETROLI SPA	IT	>50.00	>50.00	1	UO	JO	01/2009	><	29,832	9,463
50.	ADRIAPLIN PODJETJE ZA DISTRIBUCIJO ZEMELJSKEGA PLINA DOO	SI	51.00	n.a.	1	UO	RM	12/2008	n.a.	n.a.	n.a.
51.	SOCIETA' ENIPOWER FERRARA S.R.L. E IN FORMA ABBREVIATA S.E.F. S.R.L.	IT	-	51.00	1	UO	RM	12/2008	><	111	690
52.	SNAM RETE GAS SPA O IN FORMA ABBREVIATA SNAM RG SPA	IT	-	50.03	1	-	SE	04/2009	=	2,749	15,751
53.	ENI PETROLEUM CO. INC.	US	MO	n.a.	1	UO	DB	10/2009	><	599	n.a.
54.	FIRST CALGARY PETROLEUMS LTD.	CA	-	MO	1	UO+	DB	10/2009	><	<0.5	1,032
55.	BLUE STREAM PIPELINE COMPANY B.V.	NL	-	50.00	1	UO-	HO	12/2006	=	284	2,349
56.	MARICONSULT SOCIETA PER AZIONI	IT	50.00	n.a.	1	UO-	RM	12/2008	><	2	1
57.	PROMGAS SPA	IT	50.00	n.a.	1	JO	RM	12/2008	=	510	174
58.	RAFFINERIA DI MILAZZO SOCIETA' CONSORTILE PER AZIONI (IN BREVE RAFF	IT	50.00	n.a.	1	JO	RM	12/2008	=	852	721
59.	SOUTH STREAM AG	CH	-	50.00	1	UO-	OS	01/2008	n.a.	n.a.	n.a.
60.	TIG�Z GAS DISTRIBUTION PRIVATE LIMITED COMPANY OF THE REGION OVER THE RIVER TISZA R�V : TIG�Z LTD.	HU	50.00	n.a.	1	UO-	RM	12/2008	><	1,628	814
61.	TRANSMED S.P.A.	IT	50.00	n.a.	1	UO-	RM	12/2008	><	12	7
62.	TRANSMEDITERRANEAN PIPELINE CO LTD	GB	-	50.00	1	-	RM	12/2008	n.a.	n.a.	n.a.
63.	UNIMAR LLC	US	-	50.00	1	UO-	HO	12/2006	n.a.	n.a.	n.a.
64.	UNION FENOSA GAS S.A.	ES	-	50.00	1	-	RM	12/2008	=	1,799	2,977
65.	VENEZIA TECNOLOGIE S.P.A.	IT	-	50.00	1	-	RM	12/2008	><	8	8
66.	ACAM CLIENTI S.P.A.	IT	49.00	n.a.	1	-	RM	12/2008	><	139	89
67.	ACAM GAS S.P.A.	IT	-	49.00	1	UO-	HO	12/2006	><	22	157
68.	AZIENDA ENERGIA E SERVIZI TORINO S.P.A. SIGLABILE A E S	IT	-	49.00	1	-	HO	12/2006	><	156	651
69.	ETERIA PAROHIS AERIOU THESSALIA SA	GR	-	49.00	1	UO-	HO	12/2006	n.a.	n.a.	n.a.
70.	ETERIA PAROHIS AERIOU THESSALONIKI SA	GR	-	49.00	1	UO-	HO	12/2006	n.a.	n.a.	n.a.
71.	THESSALIA GAS SUPPLY CO. S.A.	GR	49.00	n.a.	1	-	IH	02/2009	><	73	165
72.	THESSALONIKI GAS SUPPLY CO. S.A.	GR	49.00	n.a.	1	-	IH	02/2009	><	130	511
73.	TRANSITGAS AG	CH	-	46.00	1	-	HO	12/2006	><	111	831
74.	SAIPEM S.P.A.	IT	42.91	n.a.	1	UO-	RS	12/2008	=	14,126	17,202
75.	ALTERGAZ	FR	-	>38.00	1	UO-	OS	01/2008	><	4	56
76.	ENI COORDINATION CENTER	BE	33.61	n.a.	1	UO	RM	12/2008	><	2	22,434
77.	GALP ENERGIA, SGPS, S.A.	PT	-	33.34	1	UO-	RM	12/2008	><	21,135	9,215
78.	UNITED GAS DERIVATIVES COMPANY	EG	-	33.33	1	UO-	HO	12/2006	><	n.a.	n.a.
79.	CESKA RAFINERSKA, A.S.	CZ	-	�32.66	1	-	OS	05/2007	=	534	1,347
80.	DISTRIBUIDORA DE GAS DEL CENTRO SA	AR	31.35	n.a.	1	-	RM	12/2008	n.a.	n.a.	n.a.
81.	INVERSORA DE GAS DEL CENTRO S.A.	AR	25.00	n.a.	1	-	RM	12/2008	n.a.	n.a.	n.a.
82.	SERAM SPA	IT	25.00	n.a.	1	-	RM	12/2008	n.a.	n.a.	n.a.
83.	SETGAS - SOCIEDADE DE DISTRIBUI�AO DE GAS NATURAL, S.A.	PT	-	21.87	1	UO-	RM	12/2008	=	58	256
84.	CONSORZIO OBBLIGATORIO DEGLI OLI USATI	IT	17.69	n.a.	1	-	RM	12/2008	><	62	35
85.	DARWIN LNG PTY LTD	AU	12.04	n.a.	1	-	HO	12/2006	n.a.	n.a.	n.a.
86.	LUSITANIAGAS - COMPANHIA DE GAS DO CENTRO S.A.	PT	-	10.59	1	UO-	RM	12/2008	=	124	451
87.	NORSEA PIPELINE LIMITED	GB	10.32	n.a.	1	-	RM	12/2008	><	171	178
88.	ACQUA CAMPANIA S.P.A.	IT	-	10.20	1	-	RM	12/2008	=	98	633
89.	DISTRIBUIDORA DE GAS CUYANA S.A.	AR	6.84	n.a.	1	UO	RM	12/2008	><	54	173
90.	VEGA PARCO SCIENTIFICO TECNOLOGICO DI VENEZIA SCARL	IT	2.82	n.a.	1	-	RM	12/2008	n.a.	n.a.	n.a.
91.	SKIAREA VALCHIAVENNA S.P.A.	IT	0.89	n.a.	1	-	HO	11/2007	><	14	83
92.	CONSORZIO DEI SERVIZI DELL' INTERPORTO DI PARMA	IT	0.70	n.a.	1	-	RM	12/2008	n.a.	n.a.	n.a.
93.	COMEST SPA	IT	-	n.a.	1	-	OS	10/2008	n.a.	n.a.	n.a.
94.	OIL CASUALTY INSURANCE LIMITED	BM	-	n.a.	1	-	WW	11/2008	><	44	905
95.	OIL INSURANCE LIMITED	BM	-	n.a.	1	-	RS	01/2008	><	1,017	7,304

* For an insurance company the corresponding value is the Gross Premium Written and for a bank it is the Operating Income (memo).

PLE ENRICO MATTEI, 1	Phone :	+39 0659821	Operating revenue/Turnover (2007, mil USD) :	131,868
00144 ROMA	Fax :	+39 0 6610082	Net Income (2007, mil USD) :	15,912
ITALY	Date of incorporation :	11/07/1992	Employees (2007) :	74,717

BALANCE SHEET(mil USD)	31/12/2007	31/12/2006	31/12/2004	31/12/2003	31/12/2002
	12 months	12 months	12 months	12 months	12 months
	Cons.	Cons.	Cons.	Cons.	Cons.
ASSETS
Current Assets	50,512	45,525	33,344	29,674	25,947
Cash & Equivalents	3,112	5,248	1,477	1,996	1,878
Receivables	25,001	18,705	14,342	11,968	9,246
Other Current Assets	22,399	21,571	17,526	15,710	14,822
Fixed & Other Assets	98,847	70,782	65,441	59,647	46,354
Tangible Fixed Assets	77,003	58,359	51,237	45,922	35,334
Other Assets	21,844	12,423	14,204	13,725	11,020
Total Assets	149,359	116,307	98,785	89,321	72,301

LIABILITIES
Current Liabilities	44,521	31,277	26,246	27,359	22,988
Accounts Payable	16,329	13,815	9,324	7,983	6,165
Other Current Liabilities	28,192	17,462	16,923	19,376	16,822
Non-Current Liabilities	41,734	30,770	23,918	22,201	16,605
Long Term Debt	16,679	9,758	10,669	10,734	7,143
Other Liabilities	25,055	21,013	13,249	11,467	9,462
Shareholders' Funds	63,104	54,259	48,620	39,762	32,708
Total Liabilites & Shareholders' Funds	149,359	116,307	98,785	89,321	72,301

INCOME STATEMENT(mil USD)	31/12/2007	31/12/2006	31/12/2004	31/12/2003	31/12/2002
	12 months	12 months	12 months	12 months	12 months
	Cons.	Cons.	Cons.	Cons.	Cons.
Operating Revenue / Turnover	131,868	115,676	108,077	90,163	70,712
Cost of Goods Sold	n.a.	n.a.	n.a.	n.a.	n.a.
Operating Expenses	-104,092	-90,223	-90,892	-78,034	-61,750
Operating Income	27,776	25,454	17,186	12,129	8,962
Financial P/L	1,708	1,401	-27	-325	-176
Tax	-13,571	-13,918	-6,338	-4,093	-3,279
Extraordinary & Other Items	0	0	-76	62	-30
Net Income	15,912	12,937	10,744	7,772	5,476

EMPLOYEES	74,717	72,915	73,559	81,072	80,903

RATIOS	31/12/2007	31/12/2006	31/12/2004	31/12/2003	31/12/2002
Return on Shareholders Funds (%)	46.72	49.49	35.29	29.69	26.86
Return on total assets (%)	19.74	23.09	17.37	13.22	12.15
Return on Capital Employed (%)	34.70	37.73	25.03	25.32	23.59
Profit margin (%)	22.36	23.22	15.88	13.09	12.43
Current Ratio (x)	1.13	1.46	1.27	1.08	1.13
Solvency ratio (%)	42.25	46.65	49.22	44.52	45.24
Shareholders liquidity ratio (%)	1.51	1.76	2.03	1.79	1.97
Assets / Employee (th USD)	1,999	1,595	1,343	1,102	894
Net Assets Turnover (x)	1.26	1.36	1.49	1.46	1.43

MEDIAN VALUES OF THE PEER GROUP	2007	2006	2004	2003	2002
Operating Revenue / Turnover (th USD)	481,082	397,124	282,930	216,459	166,228
Operating Income (th USD)	111,834	83,217	47,059	27,046	24,749
Net Income (th USD)	84,161	61,457	32,565	15,507	12,391
Return on shareholders funds (%)	35.69	40.12	31.57	22.63	22.49
Return on capital employed (%)	26.68	28.73	21.92	17.14	16.38


Name		Title

Paolo Scaroni		CEO
Alberto Clo'		Adviser
Paolo Andrea Pio Colombo		Adviser
Paolo Marchioni		Adviser
Roberto Poli		Adviser
Marco Reboa		Adviser
Mario Resca		Adviser
Paolo Scaroni		Adviser
Pierluigi Scibetta		Adviser
Francesco Taranto		Adviser
Roberto Poli		Chairman of the Board of Directors