GENERAL MEETING'S PREPARATORY DOCUMENTS | Porto | May 27, 2014 Proposal/ Item 6

(Translated from the Portuguese Original)

Hon. Mr
Chairman of the Board of the General Meeting
Grupo Soares da Costa, SGPS, S.A.
Chairman of the Board of the General Meeting,
Regarding the Company's annual general shareholding meeting, scheduled to May 27,
2014, the board of directors presents the following

PROPOSAL 6 of the GENERAL SHAREHOLDING'S AGENDA

Taking into consideration that:
- According to the agreement signed with the Investor from Soares da Costa Construção, SGPS, SA's capitalization operation, the brand "Soares da Costa" can only be used by Soares da Costa Construção and its subsidiaries;
- Therefore, we have the contractual obligation to process to modify the corporate name of the company;
- The expression "SDC" is also commonly associated to the company, is used regularly as its abbreviation;
WE PROPOSE
Paragraph 1 of Article 1 of the Bylaws of the company to be amended as follows: "Article 1

Company name, business name and duration

1. The company adopts the name SDC - Investimentos, S.G.P.S., S.A., is a public company open to public investment "Sociedade Aberta", an issuer of shares admitted to trading on the regulated market operating in Portugal, and has been constituted for an indefinite period.
2. (…)"

The board of directors

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