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FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of September, 2005
Commission File Number: 333-07654
ENDESA, S.A.
(Translation of Registrant's Name into English)
Ribera del Loira, 60
28042 Madrid, Spain
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file
annual reports under cover of Form 20-F or Form 40-F:
Form 20-F X Form 40-F
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Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes No X
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Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes No X
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Indicate by check mark whether by furnishing the information contained
in this Form, the Registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
Yes No X
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If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b): N/A
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Madrid, 12th September 2005
Dear ,
I am writing to update you on Endesa's response to the hostile tender offer
launched by Gas Natural (the "Offer") and inform you of what to expect from us
in the coming weeks.
As you will have seen, Endesa's Board of Directors has rejected the offer
unanimously based on the conviction that it is grossly inadequate and not in the
best interests of our shareholders. We strongly believe Endesa's stand-alone
Strategic Plan will deliver superior value to our shareholders compared to the
(highly uncertain) value implied by the Offer. Furthermore, Endesa's Board of
Directors is confident of achieving this superior value without the significant
risk entailed by the proposed transaction.
We are currently preparing a comprehensive response to the offer and will
contact you shortly to schedule a time to discuss it in person. In the meantime,
we ask for your continued support and confidence in the strong positive momentum
of the Endesa story.
Yours sincerely,
Rafael Miranda
CEO
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
ENDESA, S.A.
Dated: September 14th, 2005 By: /s/ Alvaro Perez de Lema
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Name: Alvaro Perez de Lema
Title: Manager of North America Investor Relations