Announcements

Contract awards for construction of eight FPSO hulls for offshore Brazil - In accordance with the terms of article 248 of the Portuguese Securities Code, Galp Energia, SGPS, S.A. (Galp Energia) hereby discloses the following information:
2011 Financial calendar - Operational indicators and results’ supporting documents will be released before the open of the market at NYSE Euronext Lisbon.
New well in the South of Tupi confirms potential and reservoir extension - The contractor group for BM-S-11 in ultra-deep water of Santos Basin, including Galp Energia, Petrobras and BG Group, informs that concluded the drilling of the ninth well located in Tupi’s area, confirming the estimated volumes of recoverable light oil and natural gas in the range between 5 and 8 billion barrels of oil equivalent in the pre-salt reservoirs of Tupi’s area.
Trading Update 3Q2010 - This trading update is aimed at providing estimates regarding macroeconomic, operational and trading conditions experienced by Galp Energia in the third quarter ending September 30 2010. The third quarter margins, prices, production and other data referred to below are currently provisional. All such data is subject to change and may differ from the final numbers that will be reported on October 28 2010. This trading update is produced in order to provide greater disclosure to investors of currently expected results.
New well confirms potential of light oil in Tupi - The contractor group for BM-S-11 in ultra-deep water of Santos Basin, including Galp Energia, Petrobras and BG Group, informs that the drilling of the eighth well located in Tupi’s area, confirmed the light oil potential of pre-salt reservoirs of that area.
Dividends payment - Under the terms of the law, shareholders are hereby notified that as deliberated by Galp Energia, SGPS, S.A. board of directors, the first dividend relating to the financial year of 2010 will be payable as from September 23, 2010.
Trading Update 2Q2010 - This trading update is aimed at providing estimates regarding macroeconomic, operational and trading conditions experienced by Galp Energia in the second quarter ending June 30 2010. The second quarter margins, prices, production and other data referred to below are currently provisional. All such data is subject to change and may differ from the final numbers that will be reported on July 30 2010.
Drilling of new well confirms Tupi’s potential - In accordance with the terms of article 248 of the Portuguese Securities Code, Galp Energia, SGPS, S.A. (Galp Energia) hereby discloses the following information:
Galp Energia sets up partnership for Sines’ CCGT development - Galp Energia sets up partnership for Sines’ CCGT development Galp Energia has signed today an agreement with a subsidiary of International Power plc (IPR) for the development of the combined cycle gas turbine plant (CCGT) at Sines. Through this agreement Galp Energia hands over 50% of the company currently developing the CCGT project at Sines, which was formerly 100% owned by Galp Energia, to IPR.
Resolutions of the general bondholders meeting - In accordance with the terms of article 249, number 2, paragraph c) of the Portuguese Securities Code, Galp Energia, SGPS, S.A. (“Galp Energia” or “Company”) hereby discloses that on the general bondholders meeting of the Euro 700,000,000 Floating Rate Notes due 2013 convened today, the proposals presented by the board of directors were approved with the favourable vote of the bondholders representing more than 90%.
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