Announcement | Lisbon | 02 June 2016

PHAROL, SGPS S.A. informs about the Economic Position of Renaissance Technologies LLC

PHAROL, SGPS S.A. ("PHAROL") informs that an economic position of 2% of the share capital of PHAROL is attributable to Renaissance Technologies LLC, without voting rights, through derivative financial instruments with cash settlement, held by the funds GF Trading LLC and RIDGE Master Trading LP, that are managed by the entity above.

This occurred as a result of equity swaps contracted by those funds, reported on 01 June, which establishes the right to acquire 18,003,736 shares of PHAROL.

This statement is pursuant to the terms and for the purposes of article 2 A of CMVM Regulation no. 5/2010, following a communication received from Renaissance Technologies LLC, with address at 800 Third Avenue, New York, NY 10022, United States of America.

PHAROL, SGPS S.A.

Public company

Share capital Euro 26,895,375 Registered in the Commercial Registry Office of Lisbon

and Corporation no. 503 215058

PHAROL is listed on the Euronext (PHR). Information may be accessed on Bloomberg under the symbol PHR PL.

Luis Sousa de Macedo Investor Relations Director ir@pharol.pt

Tel.: +351 212 697 698

Fax: +351 212 697 949

pharol.pt

Pharol SGPS SA published this content on 02 June 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 04 June 2016 00:01:03 UTC.

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