In accordance with the terms of articles 16 and 17 of the Portuguese Securities Code, Galp Energia hereby discloses the following information:
On 24 September 2012, the JPMorgan Chase & Co. notified Galp Energia that its subsidiary J.P. Morgan Securities plc has reached, on 19 September, a qualifying holding on Galp Energia share capital and corresponding voting rights below the 2% threshold.
The total number of shares held, indirectly as detailed below, by JPMorgan Chase & Co. on 19 September 2012 decreased to 11,928,253 shares representing 1.438% of Galp Energia’s share capital and voting rights. The decrease was the result of J.P. Morgan Securities plc selling 5,000,000 shares off-exchange.
Source: Galp Energia, SGPS, S.A.