edp announcement

CGD changed imputation of the qualified holding in EDP's share capital

Wednesday, 28 February 2007

Caixa Geral de Depósitos, S.A. ("CGD") notified EDP that it now holds, direct and indirectly, 181,766,785 EDP shares, representing 4.971% of the company's share capital.Considering that EDP currently holds 7,084,793 own shares, CGD holding represents 4.9807% of the total voting rights.

In accordance with articles 16 and 17 of the Portuguese Securities Market Code, EDP - Energias de Portugal, S.A. issues the following legal notice:

Caixa Geral de Depósitos, S.A. ("CGD") notified EDP that it now holds, direct and indirectly, 181,766,785 EDP shares, representing 4.971% of the company's share capital.

Considering that EDP currently holds 7,084,793 own shares, CGD holding represents 4.9807% of the total voting rights.

CGD also informed EDP of the following:

1. The current direct shareholding of CGD in EDP amounts to 175,371,517 shares, which represents 4.7961% of EDP share capital and 4.8054% of the total voting rights;

2. The current indirect shareholding of CGD in EDP amounts to 5,024,303 shares, which represent 0.1374% of EDP share capital and 0.1377% of the total voting rights;

3. CGD also informed that, in accordance with number 1 of article 20 of the Portuguese Securities Code, CGD holds 100% of the share capital and corresponding voting rights of Caixa Seguros, SGPS, S.A., which in turn holds:

a. 100% of the share capital and corresponding voting rights of Companhia de Seguros Fidelidade-Mundial, S.A. which, in turn, holds 100% of the share capital and corresponding voting rights of Via Directa - Companhia de Seguros, S.A.;

b. 100% of the share capital and corresponding voting rights of Cares - Companhia de Seguros, S.A.;

c. 70% of the share capital and corresponding voting rights of Império Bonança, SGPS, S.A., which in turn holds 100% of the share capital and corresponding voting rights of Império Bonança - Companhia de Seguros, S.A..

4. Companhia de Seguros Fidelidade - Mundial, S.A. holds 4,564,995 shares and its Pension Fund holds 18,798 shares, which corresponds to a total holding of 0.1254% of EDP's share capital and voting rights.

5. Via Directa - Companhia de Seguros, S.A. holds 6,953 EDP shares, representing 0.0002% of EDP's share capital.

6. Cares - Companhia de Seguros, S.A. holds 9,645 EDP shares, representing 0.0003% of EDP's share capital.

7. Império Bonança - Companhia de Seguros, S.A. holds 423,912 EDP shares, representing 0.0116% of EDP's share capital.

8. The Pension Fund of CGD, managed by CGD Pensões - Sociedade Gestora de Fundos de Penões, S.A., of which CGD is an associated company, holds 1,370,965 EDP shares, representing 0.0375% of EDP's share capital.


EDP - Energias de Portugal, S.A.