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Eni launches the sale of another 5% of Snam's share capital

Not for publication, distribution, directly or indirectly, in the United States, Canada, Australia and Japan or to US persons.

Eni launches the sale of another 5% of Snam’s share capital

San Donato Milanese, 17 July 2012 – Eni S.p.A (“Eni”) announces that it has started, after the approval of Eni’s Board of Directors, the sale of 178,559,406 shares equal to 5% of Snam S.p.A (“Snam”)’s share capital, corresponding to 5.28% of the voting shares, through an accelerated bookbuilding procedure.

The procedure provides an accelerated placement to qualified Italian and foreign investors conducted by Goldman Sachs acting as Sole Bookrunner.

Communication regarding the result of the sale will be released following the closure of the placement.

 

DISCLAIMER: It may be unlawful to distribute this announcement in certain jurisdictions. These written materials are not for distribution in the United States, Canada, Australia or Japan. The information contained herein does not constitute an offer of securities for sale in the United States, Canada, Australia or Japan. This announcement does not constitute or form part of an offer to sell or the solicitation of an offer to buy the securities discussed herein.  The securities mentioned herein have not been, and will not be, registered under the US Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States or to or for the account or benefit of US persons absent registration or an exemption from the registration requirements of the Securities Act.  There will be no public offer of the securities mentioned herein in the United States.

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Investor Relations

Freephone for shareholders (from Italy): 800940924
Freephone for shareholders (from abroad): + 80011223456

investor.relations@eni.com


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