Altri SGPS — Capital/Financing Update 2017

Mar 6, 2017

ALTRI, SGPS, S.A. Public Company

Head Office: Rua do General Norton de Matos, 68 - R/C, Oporto Share Capital: Euro 25,641,459 Registered at the Commercial Registry Office of Oporto Sole registration and tax number 507 172 086

MATERIAL INFORMATION

Altri, SGPS, S.A. hereby informs that it has issued, today, seven-year bonds in the amount of Euro 70,000,000 (seventy million euros), by private placement, named "ALTRI 2017 - 2024".

Furthermore, on the same date, the company acquired 500 (five hundred) "ALTRI / NOVEMBRO 2018" bonds, in the nominal amount of 50,000,000 Euros [Central Securities Code: ALTBOE; ISIN code: PTALTBOE0001], and proceeded with its amortisation. Thus, this issue is now represented by 200 (two hundred) bonds, in the nominal amount of 20,000,000 Euros.

These operations follow Altri's funding strategy, which aims to extend the company's debt maturity profile, strengthen its capital structure and diversify both sources and types of funding.

Oporto, March 6, 2017

The Board of Directors