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Do the results achieved also reflect the contribution from new plants?

Yes, but only in part, for a total of approximately Euro 25 million in EBITDA terms, and include the contribution from the new waste-to-energy plants started up in 2008 in Forlė and the incinerator which went into operation in Ferrara at the end of 2007, together with the CCGTs (combined cycle gas turbines for electricity production) in Teverola and Sparanise started up during 2007. The new plants started up at the end of the year, such as the WTE plant in Modena and the Imola cogeneration plant have not contributed to 2008 results. Our estimates show that these plants, when fully operative, will contribute a further Euro 55 million.

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