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Keizerslaan 20 Boulevard de l'Empereur, 20 B-1000 Brussels


Tel.: 02 546 70 11 Fax: 02 546 70 10

11 October 2011

Amended agenda for General Meeting on 26 October. Due to the turbulences on the financial markets over the past few weeks, combined with the lack of transposition of the third package of European directives into Belgian law, Elia’s Board of Directors has decided to withdraw the capital increase reserved for its employees which it had planned to put to a vote during the Extraordinary General Meeting scheduled for 26 October. The other items on the agenda remain unchanged. In addition to measures aimed at amending the articles of association in compliance with new legislation on the protection of shareholder rights, the Extraordinary General Meeting called by Elia for 26 October 2011 was to give its opinion on the resignation of a director and the appointment of a new director and on a dual capital increase in 2011 and 2012 reserved for Elia employees in Belgium. The current turbulence on the financial markets – a 16.32% year-on-year fall in the value of the Bel20 and an overall drop of 10 to 20% on stock markets across Europe – is creating a climate of uncertainty. This situation, combined with the fact that the third package of European directives has not been transposed yet into Belgian law and that the proposed tariff mechanisms are undergoing a consultation organised by CREG, prompted the Board of Directors, on 11 October, to withdraw from the agenda the 2011-2012 capital increase reserved for employees of Elia and its subsidiaries in Belgium. The other items on the agenda of the Extraordinary General Meeting remain unchanged. The Board will reconsider the possibility of a capital increase reserved for its employees at a later date. About Elia: Elia is the Belgian transmission system operator, transmitting electricity from generators to distribution system operators and major industrial users and being responsible for importing and exporting electrical energy to and from Belgium’s neighbouring countries. Elia owns the entire Belgian very-high-voltage grid (150 to 380 kV) and some 94% (ownership and user rights) of Belgium's high-voltage grid infrastructure (30 to 70 kV). Elia's grid consists of 5,608 kilometres of overhead lines and 2,775 kilometres of underground connections and is a key link between electricity markets in northern and southern Europe. Belgium’s recent investments in interconnection capacity with its neighbours make it one of the most open and interconnected countries in Europe. Elia has recently expanded its activities on a broader European level and, following its acquisition of the German TSO 50Hertz in cooperation with Industry Funds Management (IFM), is now one of the top five transmission system operators in Europe. For further information, please contact: Axelle Pollet +32 (0) 2 546 75 11 Lise Mulpas +32 (0) 2 546 73 75

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