On May 9, 2011, JP Morgan Chase & Co. ("JP Morgan") notified EDP that, in accordance with article 20 of the Portuguese Securities Code, it came to hold 74,151,369 ordinary shares of EDP, which corresponds to 2.03% of EDP's share capital and 2.03% of the respective voting rights. The significant shareholding resulted from the acquisition off-market of 11,000,000 shares by JP Morgan Securities Ltd on May 5, 2011.

JP Morgan also informed that the chain of entities relevant for the calculation of the significant shareholding in accordance with number 1 of article 20 of the Portuguese Securities Code are the following:

- JP Morgan Whitefriars Inc., which holds 840,677 ordinary shares of EDP, corresponding to 0.02% of EDP's share capital and 0.02% of the respective voting rights;

-  JP Morgan GT Corporation, which holds 381,537 ordinary shares of EDP, corresponding to 0.01% of EDP's share capital and 0.01% of the respective voting rights;

- JP Morgan Securities Ltd, which holds 72,929,155 ordinary shares of EDP, corresponding to 1.99% of EDP's share capital and 1.99% of the respective voting rights;

EDP – Energias de Portugal, S.A.