SEMAPA - Sociedade de Investimento e Gestão, SGPS, S.A.

Public Limited Company
Registered Offices: Avenida Fontes Pereira de Melo, nº 14, 10º, Lisboa
Share Capital: 118,332,445 Euros
Corporate Person and Lisbon Companies Registry no.: 502593130

DISCLOSURE
COMPANY OFFICERS

Notice is hereby given that at the company's annual general meeting, held today, Mr.  Francisco Xavier Zea Mantero was elected as Chairman of the General Meeting of the  company to hold such office until the end of the term of office of the other company officers.

Lisbon, 18 May 2012

The Directors,
distributed by