Sonae SGPS — M&A Activity 2015

Dec 17, 2015

Lugar do Espido, Via Norte Apartado 3053 4471-907 Maia Portugal

SONAE CAPITAL, SGPS, SA Sociedade Aberta Lugar do Espido, Via Norte, Maia Share Capital: 250,000,000.00 Euro Maia Commercial Registry and Fiscal Number 508 276 756

Sonae Capital, SGPS, SA (Sonae Capital) informs that its subsidiary, Contacto Concessões, SGPS, SA, has received from the company Norscut - Concessionária de Scut Interior Norte, SA (NORSCUT) the amount of 27.9 million euro, as

This is the first step of Norscut's divestment process, aligned with Sonae Capital strategy of selling non-core assets.

Maia, 17th of December 2015

The Representative for Capital Market Relations,