Teixeira Durate

Regulatory Filings • Mar 14, 2018

RELEASE

– Material Information –

Work contract for the construction of structures, special facilities, finishings and exterior arrangements of the CUF Tejo Hospital, in Alcântara, Lisbon, for the amount of 52.3 million euros

"TEIXEIRA DUARTE, S.A." hereby informs that its wholly‐owned subsidiary "Teixeira Duarte ‐ Engenharia e Construções, S.A." was chosen by "IMO HEALTH – Real Estate Investments, S.A." – an entity of the José de Mello Saúde Group – to execute the contract for the construction ofstructures,special facilities, finishings and exterior arrangements of the CUF Tejo Hospital, in Alcântara, Lisbon. The deadline for the execution of the work is 16 months and the total value of the work is estimated at 52.3 million euros.

The contract signed on February 13, 2018, involves the execution of the structure, special facilities, finishings and exterior arrangements of the new CUF Tejo Hospital, which will have six floors above‐ ground and four floors below‐ground. The gross construction area of around 73,000sqm will comprise parking areas on floors ‐4 to ‐2, with specialist units and services on the remaining floors.

The participation of Teixeira Duarte ‐ Engenharia e Construções, S.A. in this large‐scale project began in 2016 with excavations, peripheral containment and the building of up to Floor 0. The cost of both works will total 65.4 million euros.

With 40 years' experience in the field of Health in Portugal and abroad, the portfolio of Teixeira Duarte ‐ Engenharia e Construções, SA, includes the designing and construction of more than 10 public and private hospital units, such as the University Hospital of Coimbra, Hospital Prof. Dr. Fernando da Fonseca (Amadora ‐ Sintra), Hospital of S. Teotónio (Viseu), Hospital Dr. José de Almeida (Cascais).

Lagoas Park, March 8, 2018 Investors Relations

_____________________________________ José Pedro Cobra Ferreira