Eni: Shareholders' meeting approves 2009 financial statements

Rome , 29 April 2010 – The Ordinary and Extraordinary Shareholders’ Meeting held today resolved to:

• approve Eni Financial Statements at December 31, 2009, which disclose a net income of euro 5,060,639,549.44;
• allocate euro 3,249,436,231.44 of Eni’s 2009 net income of euro 5,060,639,549.44, remaining after the payment of an interim dividend of euro 0.50 per share resolved by the Board of Directors on September 10, 2009 and paid as of September 24, 2009, as follows:
  • to pay a dividend of 0.50 euro for each share outstanding on the ex-dividend date, Eni treasury shares on that date are excluded. Therefore, including the payment of the 2009 interim dividend of 0.50 euro per share, the 2009 dividend per share proposed amounts to 1 euro;
  • to contribute the remaining net income after allotment of the dividend to the Distributable Reserve;
• pay said dividend as of May 27, 2010, the ex-dividend date being May 24, 2010;
• appoint the auditing firm Reconta Ernst & Young as Independent Auditors of Eni financial statements for the period 2010-2018;
• approve the amendments to articles 1, 4, 12, 14, 15 and 16 of the By-laws proposed by the Board of Directors. These include the recent changes to shareholders rights introduced in Italy by the decree on the Shareholders rights directive.

Payment of year 2009 final dividend

Eni Shareholders’ Meeting resolved to pay final dividends as of May 27, 2010, coupon No. 14, being the ex-dividend date May 24, 2010. Therefore, as of this date, Eni shares will be traded without the right to the payment of 2009 final dividend.

In order to exercise the rights incorporated in the shares owned, Shareholders whose shares are not yet dematerialised shall deliver said shares to a financial intermediary for their deposit with Monte Titoli (the Italian Securities Register Centre) and their subsequent dematerialisation.

The payment of dividends to Beneficial Owners of ADRs, each of them representing two Eni shares, listed on the New York Stock Exchange, will be executed through JPMorgan Chase Bank, N.A.

Company Contacts:

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