Eni's Board of Directors Approves Bonds Issue

Eni's Board of Directors approved the issue of one or more bonds for an overall maximum amount of €1.5 billion (around US $1.9 billion), in one or more tranches, by February 12, 2010.

The bonds will enable Eni to achieve a better balance between its short-term and medium/long-term debt, and will be listed on regulated markets.