(Microsoft Word - An372ncio_IN.docx) SEMAPA - Sociedade de Investimento e Gestão, SGPS, S.A.

Public Company

Registered Offices: Avenida Fontes Pereira de Melo, 14, 10.º, 1050-121 Lisboa Share capital: 81 645 523 Euros

Corporate Person and Lisbon Companies Registry no. 502.593.130


'SEMAPA-2014/2020' BONDS


PAYMENT OF COUPON NR. 2


Holders of 'SEMAPA-2014/2020' bonds are hereby notified that the interest relating to coupon nr. 2 will be paid on the 30 of November, the main payer agent being Banco BPI, SA:


Gross* € 1,566.71666667


* Subject to withholding of personal income tax (IRS)/corporate tax (IRC) in accordance with the taxation rules and rates in force on the payment date


Interest on centralized bonds will be paid through Central de Valores Mobiliários, in accordance with the respective regulations (CVM Code: SEMGOE).


Lisbon, 6 November 2015


SEMAPA - SOCIEDADE DE INVESTIMENTO E GESTÃO, SGPS, S.A.
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