edp announcement

Management Transaction

Friday, 13 December 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, S.A. ("BES") made the following transaction:
 

 Finantial Instrument Purchase/Sale Date              Local                    Price (€) Quantity
SharesSale 12-12-2013 Over-the-Counter2.67 2,660,000


Avistar, SGPS, SA ("Avistar"), a company wholly owned by BES, made the following transactions:

 Finantial Instrument Purchase/Sale Date              Local                    Price (€) Quantity
SharesSale 11-12-2013 NYSE Euronext Lisbon2.6716600,000
SharesSale 12-12-2013 NYSE Euronext Lisbon2.6516600,000
SharesSale 13-12-2013 NYSE Euronext Lisbon2.6347200,000
SharesSale 13-12-2013 NYSE Euronext Lisbon2.65084100,000


As a result of these transactions, BES currently holds 25,380,455 shares, representing 0.69% of EDP share capital and 0.69% of its voting rights.

The communication of the transaction is due to a person discharging managerial responsibilities of BES is also a person discharging managerial responsibilities of EDP.

EDP – Energias de Portugal, S.A.