edp announcement

Management Transaction

Monday, 28 January 2013

Pursuant to the terms and for the purposes of article 248-B of the Portuguese Securities code and article 14 of the Portuguese Securities Commission Regulation no. 5/2008, EDP - Energias de Portugal SA ("EDP") is providing the following information to the market:

Banco Espírito Santo, SA ("BES"), entered into the following contracts on financial instruments relating to EDP shares:
 

Entity     Intrument Option Type Purchase / SaleDate               Maturity DateStrike Price (€) Quantity
AVISTAR, SGPS, SA.Equity Swap     18-01-2013 18-07-2013 2.41 28,000,000
 AVISTAR, SGPS, SA.Equity OTC Options CallPurchase18-01-2013 15-03-2013 2.45 5,000,000

                               

The reporting of such transaction is made since a person discharging managerial responsibilities of BES is also a person discharging managerial responsibilities of EDP.

EDP – Energias de Portugal, S.A.