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According to the Brazilian law the minority shareholders of Energias do Brasil which did not attend the shareholders? meeting in which the deal was approved by unanimity by the attendant shareholders, had the option to sell their shares to Energias do Brasil at their book value at 31 December 2007 (BRL23.82 per share). This put option could have been exercised until October 13, 2008.

EDP - Energias do Brasil, S.A.- 62.4% owned by EDP signed with Net Serviços de Comunicação S.A. and other a sale and purchase agreement for the sale of 100% stake in the share capital of Esc 90 Telecomunicações Ltda. for an reference amount of BRL 94.6 million (approximately €39.4 million).

EDP - Energias do Brasil, S.A., a company owned in 64.6% by EDP - Energias de Portugal executed, today, a share exchange agreement with Grupo Rede that sets out the terms and conditions to enable an asset swap which object consists in a swap, on one hand, of Enersul's (an electricity distribution company in Mato Grosso do Sul state) total share capital owned by Energias do Brasil and, on the other hand, of the company shareholdings owned on Rede Lajeado Energia S.A. and Investco S.A. by Rede Energia, as well as shareholdings owned in Rede Lajeado and Tocantins Energia S.A. by Rede Power.

Yesterday, EDP - Energias do Brasil, S.A., a company owned in 64.8% by EDP - Energias de Portugal, and Grupo Rede completed the asset swap announced to the market on June 19, 2008, following the costumary authorizations have been met.

Energias do Brasil in a 50% partnership with MPX Mineração e Energia ("MPX") contracted yesterday a long term PPA (Power Purchase Agreement) for the sale of electricity from the future Pecém coal plant, to be built on the Ceará State.

Today, shares of EDP - Energias do Brasil were admitted for the first time to the Novo Mercado of the Bovespa (São Paulo, Brasil) following an Initial Public Offering of 24,161,000 ordinary shares at a price of R$18 per share, corresponding to a total amount of R$434.9 million (excluding the exercise of the Greenshoe).

HC Energia, EDP subsidiary in the Spanish market, reported in 2006 consolidated sales of €2.107m, a 3% increase YoY, and a consolidated EBITDA of €428m, a 14% decline YoY.

A HC Energia, subsidiária do Grupo EDP no mercado espanhol, apresentou em 2006 um volume de negócios de €2.107 milhões, uma subida de 3% em relação a 2005, e um EBITDA consolidado de €428 milhões, uma queda homologa de 14%.

A HC Energia, subsidiária da EDP em Espanha, chegou a um acordo com a Rede Eléctrica de España ("REE") para a venda, por um valor de 16,8 milhões de euros, dos activos de transporte de energia eléctrica que a empresa detém na região de Valência. A liquidação financeira desta transacção está sujeita a aprovação por parte do Ministério da Industria.