Galp Energia was awarded at the 10th edition of the Investor Relations Global Rankings 2008, for the “Best Financial Disclosure Procedures”. Investor Relations Global Rankings is a global event conducted by MZ Consulting in association with PR Newswire, KPMG, Bloomberg, The Bank of New York Mellon, NYSE Euronext, Arnold & Porter Associados and Demarest & Almeida Advogados.

Galp Energia ranked fourth at European level and sixth at world scale, among 160 companies from 32 countries.

The “Best Financial Disclosure Procedures” category evaluates the quality of the information made available to investors and to the market according with the following criteria: operating information disclosure, income statement, balance sheet and cash flow analysis, guidance and the channels used for financial information dissemination and distribution, including among others the investor relations website and conference calls with investors and sell side analysts.

This award is the recognition of Galp Energia’s communication policy based on transparency, clarity and on prioritizing equal treatment assuring that all investors receive the same information simultaneously.

All the information regarding the evaluation process and results is available on the following address http://www.irglobalrankings.com.

Galp Energia, SGPS, S.A.