edp announcement

Qualified shareholding of Banco Comercial Português, S.A.

Miércoles, 02 Agosto 2006

Banco Comercial Português, S.A. has sent a communication to EDP on July, 28th which content we disclose in this comunication.

EDP - Energias de Portugal, S.A. (EDP) hereby informs that:

Banco Comercial Português, S.A. has sent a communication to EDP on July, 28th with the following content, as refers to EDP:

«The Banco Comercial Português, S.A., informs to have received from the Portuguese Securities Market Commission a notification with the following content: "Following the general opinion on imputation of voting rights to pension funds issued by this Commission, we hereby request the delivery to the CMVM within a maximum of 5 business days of detailed and updated information on the shareholdings above 2% you may hold in listed companies in which the Pension Fund of BCP Group also holds shareholdings, calculating such shareholdings on an aggregate basis in accordance with the opinion and with article 20 of the Securities Code.

Futhermore, we request that if such aggregation results in the surpassing of any of the limits referred to in article 16 of the Securities Code, the required communication is made to the market within the same delay."

Without prejudice of maintaining the understanding that the rights of shares held by the Pension Fund of BCP Group may not be legally imputed to Banco Comercial Português, S.A., in accordance with article 20 of the Securities Code, Banco Comercial Português, S.A. hereby replies to such request from the CMVM and informs that the current status of the following shareholdings, with in indication of the arithmetic addition of shares and voting rights held by the Pension Fund of BCP Group
and by Banco Comercial Português, S.A., or entities which have any of the relations provided for in article 20 of the Securities Code, is the following:

(...)

Voting rights in EDP - Energias de Portugal, SA

Banco Comercial Português and its subsidiaries: 2.54% of the share capital; 2.55% of voting rights
(shareholding resulting from conversion of credits)

Pension Fund of BCP Group (*): 2.45% of the share capital; 2.46% of voting rights

Arithmetical addition: 4.99% of the share capital; 5.01% of voting rights

Note: Voting rights considering 13,227,199 (0.36%) own shares held by the issuer.


(*) The management company of the Pension Fund of BCP Group exercises independently the corresponding voting rights.»

 

EDP - Energias de Portugal, S.A.