C.A. La Electricidad de Caracas Announces Expiration of Early Consent Date and Receipt of Required Consents

C.A. La Electricidad de Caracas ('EDC') announced today that, pursuant to its previously announced offer to purchase and consent solicitation, its wholly-owned subsidiary, Electricidad de Caracas Finance B.V. (the 'Company') has received consents from the holders of approximately U.S.$244.3 million in aggregate, or 93.96% in aggregate, of the Company's 10.25% Senior Guaranteed Notes Due 2014 (the 'Notes') as of 5:00 p.m., New York City time, on March 24, 2008 (the 'Early Consent Date'). The consents received exceeded the number needed to approve the adoption of the proposed amendments to the indenture under which the Notes were issued.