EDP-Energias — M&A Activity 2015

Nov 9, 2015

Investors & Analysts' Briefing

Reuters: EDP.LS Bloomberg: EDP PL

EDP SELLS 19.83% STAKE IN SETGAS

Lisbon, November 9th, 2015: Pursuant to the terms and for the purposes of article 248 of the Portuguese Securities code, EDP - Energias de Portugal, S.A. ("EDP") provides the following information to the market and general public:

Today EDP, through its subsidiary EDP Gás – SGPS, S.A. ("EDP Gas") has agreed with Galp Gás Natural Distribuição, S.A. and Galp Gas & Power, SGPS, S.A. (together "Galp") the sale of an indirect stake of 19.83% in Setgás – Sociedade de Distribuição de Gás Natural, S.A. and in Setgás Comercialização (together "Setgás"). This transaction will be executed through the sale of the minority stake of 33.05% held by Enagás - SGPS, S.A., a company held in 60% by EDP Gás, for an agreed price of c.€23 million corresponding to EDP Gás stake.

After this transaction, that is subject to the customary regulatory approvals, EDP Gas will no longer hold the indirect stake of 19.83% in Setgás.

EDP – Energias de Portugal, S.A.

Investor Relations Department Miguel Viana, Head of IR Sónia Pimpão João Machado Maria João Matias Sérgio Tavares Noélia Rocha phone +351 21 001 2834 fax +351 21 001 2899 ir@edp.pt