Red Electrica Corporación S A : Eléctrica Corporación carried out a bond issue in the Euro market, for a total of four hund (400) million euros.

COMISIÓN NACIONAL DEL MERCADO DE VALORES Área de Mercados

Édison, 4

28006 MADRID

Madrid, 3 April 2020

OTHER RELEVANT INFORMATION

Dear Sir,

Pursuant to section 227 of the Consolidated Text of the Spanish Securities Market Act (Ley del Mercado de Valores), approved by the Royal Decree Law 4/2015 of 23 October, and related provisions, we hereby inform you that:

Red Eléctrica Corporación S.A. carried out a bond issue in the euro market, for a total of four hundred (400) million euros.

This issue has a five (5) year maturity and the payment and closing is scheduled to take place on 14th April 2020. The issue has an annual coupon of 0.875% and an issue price of 99.606%, which represents a yield of 0.956%. The issue has been placed by a group of national and international banks. The Notes will be admitted to trading in the Luxembourg Stock Exchange.

Yours sincerely,

Fdo.: Teresa Quirós Álvarez

LEGAL WARNING

This announcement is neither an offer to sell nor a solicitation of an offer to buy securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful -including, but not limited to, the United States of America, Australia, Canada and Japan-.

The securities mentioned herein have not been and will not be registered under the United States Securities Act of 1933 (the "US Securities Act"), as may be amended at any given time, or under any state securities laws, and cannot be offered or sold in the United States of America unless they have been registered in the United States, or unless an exemption exists from the registration requirements established in the US Securities Act, and according to the applicable state securities laws.