CTT-Correios de Portugal

Related Party Transaction • Dec 18, 2017

CTT - Correios de Portugal, S.A. Public Company Avenida D. João II, 13 1999-001 LISBON Lisbon commercial registry and fiscal no. 500 077 568 Share Capital EUR 75,000,000.00

Announcement - Lisbon. 18 December 2017

Material information

CTT - Correios de Portugal, S.A. ("CTT" or "Company") hereby informs that on 15 December 2017 it signed the public deed of the definitive sale of real estate property owned by the Company located at Rua de São José, in Lisbon (former CTT head office), as per the terms of the promissory agreement signed on 15 December of last year and announced to the market on the same day.

The total amount received by the Company for these real estate assets corresponds to the contracted price (which will represent a pre-tax accounting gain of circa €16m, with a tax impact of circa €2m).

This information to the market and the general public is made under the terms and for the purposes of article 248 of the Portuguese Securities Code and other legislation in force. It is also available on CTT's http://www.ctt.pt/ctt-e-investidores/relacoes-com-Investor Relations website at: investidores/comunicados.html?com.dotmarketing.htmlpage.language=1.

CTT-Correios de Portugal, S.A.

André Gorjão Costa Market Relations Representative of CTT

Peter Tsvetkov Director of Investor Relations of CTT

Contacts: Email: investors@ctt.pt Fax: +351 210 471 994 Phone: +351 210 471 087