In accordance with the law and the by-laws of EDP, pursuant to a request from the Executive Board of Directors, I hereby convene all Shareholders of EDP - Energias de Portugal, S.A., a listed company, with head offices at Praça Marquês de Pombal, no. 12, 1250-162 Lisbon, with the sole number of registration with the Commercial Registry Office of Lisbon and with the tax authorities 500.697.256, with the share capital of 3.656.537.715 Euros, to meet for the Annual General Shareholders" Meeting, which will take place at Auditório I of Centro de Reuniões da FIL, located at Rua do Bojador, Parque das Nações, Lisbon, on April 10th, 2008, at 3 p.m., with the following

AGENDA

Point One - Resolve on the individual and consolidated accounts" reporting documents for the 2007 financial year, including the sole management report, the individual accounts and the consolidated accounts, the annual report and the opinion of the General and Supervisory Board and the sole legal certification of the accounts.

Point Two - Resolve on the proposal for the allocation of profits in relation to the 2007 financial year.

Point Three - Resolve on the general appraisal of the management and supervision of the company, in accordance with article 455 of the Portuguese Companies Code.

Point Four - Grant authorization to the Executive Board of Directors for the acquisition and sale of own shares by EDP and subsidiaries of EDP.

Point Five - Grant authorization to the Executive Board of Directors for the acquisition and sale of own bonds by EDP and subsidiaries of EDP.

Point Six - Resolve on the election of members of the General and Supervisory Board.

Point Seven - Amend company's by-laws as follows: amend number 4 of article 4 and add a new number 3 on the referred article 4, with the consequent numeration change on the remaining numbers of this article; amend number 1 and 6 of article 14 and add a new number 7 and a new number 8 on the referred article 14, with the consequent numeration change on the remaining numbers of this article; amend number 1, line a) of number 3 and number 5 of article 21 and add a new number 5 and a new number 6 on the referred article 21, with the consequent numeration change on the remaining numbers of this article; and add three new numbers on article 24, with the consequent numeration change of the only paragraph to number 1 and addition of three new numbers (2 to 4) on this article 24.


The Chairman of the General Shareholders" Meeting

(Dr. Rui Pena)