Unofficial Translation

This is an unofficial translation of the proposal indicated below and it has been prepared for information purposes only. In the event of any discrepancy between this translation and the Portuguese version, the Portuguese version will prevail.

COMMUNICATION OF MANAGER'S TRANSACTION

Pursuant to and for the purposes of number 3 of article 19 of Regulation (EU) number 596/2014 of the European Parliament and of the Council of 16 April 2014, of article 248-B of the Portuguese Securities Code and of article 14 of CMVM's Regulation no. 5/2008, as amended, REN - Redes Energéticas Nacionais, SGPS, S.A. ("REN") hereby informs and announces that Mr. Manuel Ramos de Sousa Sebastião, member of the Board of Directors of REN and Chairman of the Audit Committee of REN, communicated to REN, on 30th May 2018, a manager's transaction, as detailed information attached herein pursuant to the Commission Implementing Regulation (EU) 2016/523, of 10 March 2016.

REN - REDES ENERGÉTICAS NACIONAIS, SGPS, S.A.

Lisbon, 30 May 2018

REN - REDES ENERGÉTICAS NACIONAIS, S.G.P.S., S.A.

Listed Company (Sociedade Aberta)

Head Office: Avenida Estados Unidos da América, nº 55, 1749-061 Lisbon

Share Capital: € 667,191,262

Commercial Registry Office of Lisbon: registry and tax sole number: 503 264 032

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REN - Redes Energéticas Nacionais SGPS SA published this content on 30 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 30 May 2018 17:32:00 UTC