Procedure for the Payment of Dividends of Enel Generación Chile S.A.

For the payment of dividends, whether interim or definitive, and aiming to avoid undue collection, Enel Generación Chile S.A. considers the following alternatives:

1. Deposit in a checking account, whose holder is the shareholder;
2. Deposit in a savings account, whose holder is the shareholder;
3. Bank note available for pick up at the offices of Banco de Crédito e Inversiones (BCI) throughout the country, or at the bank and its branches determined for such purpose and which will be informed in the notice to be published on the payment of dividends. In the event that the bank note is not withdrawn, the withdrawal of a nominative check at the offices of DCV Registros S.A., administrator of the shareholder registry of Enel Generación Chile S.A., is contemplated.

To these effects, checking and savings accounts may be from any bank in the country. It is important to emphasize that the preferred method of payment by each shareholder will be used by DCV Registros S.A. for all dividend payments, as long as the shareholder does not express in writing his or her intention to modify the payment method and requests another alternative. The shareholders that have not registered a method of payment will be paid by method Nº 3, described above.

When checking account deposit is chosen, Enel Generación Chile S.A. and/or DCV Registros S.A. could request the bank to verify the account for security reasons. Should the account indicated by the shareholder be objected, either due to a verification process or any other reason, the dividend will be paid by method Nº 3, described above.

The Company has adopted and will continue to adopt in the future all necessary security measures required by the dividend payment process to protect the interests of shareholders and of Enel Generación Chile S.A.