Management Transaction
Pursuant to the terms and for the purposes of article 248-B of the Portuguese Securities code and article 14 of the Portuguese Securities Commission Regulation no. 5/2008, EDP - Energias de Portugal SA ("EDP") is providing the following information to the market:
Banco Espírito Santo, S.A. ("BES") made the following transaction relating to EDP shares:
| Finantial Instrument | Purchase/Sale | Date | Local | Price (€) | Quantity |
| Shares | Purchase | 06-03-2014 | NYSE Euronext Lisbon | 3.25 | 750,000 |
As a result of this transaction, BES currently holds 1,964,963 shares, representing 0.05% of EDP share capital and 0.05% of its voting rights.
Additionally, BES entered into the following contract on financial instruments relating to EDP shares:
| Entity | Intrument | Option Type | Buy / Sell | Date | Maturity Date | Strike Price (€) | Quantity |
| BES Finance | Equity OTC Options | Call | Buy | 06-03-2014 | 19-05-2015 | 3,68 | 2.797.586 |
The communication of the transactions above is due to a person discharging managerial responsibilities of BES is also a person discharging managerial responsibilities of EDP.
EDP – Energias de Portugal, S.A.