Management Transaction
																Friday 25, May 2012
							
																			
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			In accordance with 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") hereby informs that it has received a notice from Mr. Nuno Maria Pestana de Almeida Alves, member of the Executive Board of Directors, informing on the following transaction of EDP shares:
 
| Finantial Instrument | Purchase/Sale | Date | Location | Price (€) | Quantity | 
| Shares | Purchase | 25-05-2012 | NYSE Euronext Lisbon | 1.750 | 25,000 | 
EDP informs that, after the above-mentioned transaction, Mr. Nuno Maria Pestana de Almeida Alves holds 125,000 EDP shares.
EDP – Energias de Portugal, S.A.
1748949592