(The full version of the following announcement is available in pdf format)


In accordance with the terms of number 1 of article 17 of the Portuguese Securities Code, we here by disclose that Banco BPI, S.A. (“Banco BPI”) has notified us of the following:

1. As a result of the operations executed in the stock exchange on 9 January by Banco BPI and other subsidiary companies, the qualified shareholding in Galp Energia, SGPS, S.A. imputable to Banco BPI, calculated in terms of voting rights and in accordance with the article 20 of the Portuguese Securities Code, which was 5.011% until that date, changed to 4.927% of share capital and voting rights.

2. On 14 January, as result of the operations executed between 9 and 11 of January the qualified shareholding imputable to Banco BPI, calculated in terms of voting rights and in accordance with the article 20 of the Portuguese Securities Code, is 4.713% of the share capital and voting rights.

Galp Energia, SGPS, S.A.