edp announcement

EDP reduced its stake in Sonaecom

Thursday, 14 December 2006

In line with EDP's strategic plan, which contemplates the disposal of non core assets, EDP reduced its stake in Sonaecom.

EDP would like to inform that the holding 093X - Telecomunicações Celulares, S.A. ("093X"), 100% held by EDP, made today a private placement of 29,150,000 shares of SonaeCom at a price of €4.85 per share. The placement was leaded by Millennium BCP Investimento and UBS.
This disposal is in line with EDP's strategic plan, which contemplates the disposal of non core assets.



EDP - Energias de Portugal, S.A.