MATERIAL INFORMATION | Porto | November 26, 2013 Soares da Costa Group announces the signing of the subscription and shareholders' agreements relating to Soares da Costa - Construção, SGPS, SA

Grupo Soares da Costa, SGPS, SA, public company, informs that, following the approval, by the Extraordinary General Meeting of Shareholders on the 23rd of September, of the proposal relating to the capitalisation operation's model and structure of the construction business area ("Operation"), was today signed with the company GAM Holdings, a Luxemburg company that is fully held by Mr António
Mosquito ("Investor"), and designated by him for that purpose:
(i) A subscription agreement for a capital increase of 70 million Euros of Soares da Costa Construção, SGPS, SA, with suppression of the preference rights, to be fully subscribed, in cash, by the Investor;
(ii) A shareholders' agreement between Grupo Soares da Costa and the Investor relating with Soares da Costa - Construção, SGPS, SA, that defines the terms of the strategic partnership between the two parties.
The contents of these legal instruments are in accordance with the terms of the proposal submitted by the Board of Directors of Grupo Soares da Costa SGPS, SA, to the mentioned Extraordinary General Meeting of Shareholders, a proposal disclosed to the market on the 13th of August.
The completion of the capital increase and the entry into force of the agreement will happen after the occurrence of the precedent conditions, as is usual in this type of operations and as referred in the above statement of last 13th of August, having as deadline the 31st of December of 2013.
The Board of Directors reiterates its strong commitment to the financial restructuring of Grupo Soares da Costa, in which context the Operation assumes a special importance.

Grupo Soares da Costa, S.G.P.S., S.A.

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