On October 1, 2010, Caixa Geral de Depósitos, S.A. ("CGD") notified EDP that as a result of a share transaction concluded on the 30th of September 2010, it had reduced its participation in EDP's share capital to 117.083.950 ordinary shares of EDP. The change in participation was due to the disposal of 91.413.443 shares (2.50% of EDP's share capital) to Parpública – Participações Públicas (SGPS) S.A. ("Parpública")

Following these operations, the participation attributable to CGD represents 3.20%. Given the limitation set forth in article 14 3) and 4) of the Articles of Association of EDP and taking into account the shares held by Parpública, from the percentage of capital referred to above (3.20%) CGD may exercise a minimum of 2.73%  of voting rights.

CGD also informed that the chain of entities (controlled by CGD) relevant for the calculation of the significant shareholding in accordance with number 1 of article 20 of the Portuguese Securities Code are the following:

1. The current direct shareholding of CGD in EDP amounts to 95,854,828 shares, which represents 2.62% of the company's share capital.

2. The current indirect shareholding of CGD in EDP amounts to 21,229,122 shares, which represents 0.58% of the company's share capital.

3. CGD also informed that, in accordance with number 1 of article 20 of the Portuguese Securities Market 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 da Império Bonança – Companhia de Seguros, S.A.
c) 100% of the share capital and corresponding voting rights of Multicare – Seguros de Saúde, S.A.

4. Companhia de Seguros Fidelidade – Mundial, S.A. holds 2,798,975 shares, which correspond to a total shareholding of 0.0765% of EDP share capital.

5. Via Directa – Companhia de Seguros, S.A. holds 13,490 shares, representing 0.0004% of EDP share capital.

6. Império Bonança – Companhia de Seguros, S.A. holds 179,439 shares of EDP, representing 0.0049% of EDP share capital.

7. Multicare – Seguros de Saúde, S.A. holds 10,683 shares of EDP, representing 0.0003% of EDP share capital.

8. CGD Pension Fund, managed by CGD Pensões – Sociedade Gestora de Fundos de Pensões, S.A., and of which CGD is an associated company, holds 1,728,351 shares of EDP, representing 0.047% of the company's share capital.

9. CGD holds 51% of the share capital and voting rights of Parcaixa, SGPS, SA., which holds 16,498,184  shares of EDP, representing 0.4512% of the company's share capital.

EDP – Energias de Portugal, S.A.