The Notes will be issued under EDP - Energias de Portugal, S.A. (EDP) and EDP Finance B.V.'s Programme for the Issuance of Debt Instruments (MTN) and application will be made for the Notes to be admitted to official listing on the London Stock Exchange. This issuance is intended for general corporate purposes and to refinance short term debt and is in line with the Group's financial policy of extending the average term of its debt portfolio and reinforcing its financial flexibility. ING, UBS, Morgan Stanley, Millennium Investment Banking, Santander acted as Joint Lead Managers of the transaction and BES Investimento, Mitsubishi UFJ Securities International e a Société Générale as
Co-Leaders.

EDP - Energias de Portugal, S.A.