Merger into Agea S.p.A. (Ferrara) and Acosea S.p.A. is concluded

After the acquisition of 42% of Agea s.p.a., in October 2003 the public deed for the merger of Ferrara based company into Hera S.p.A. and the total spin-off at the same time of Acosea S.p.A. in favour of Hera S.p.A. are finalised.