a) In compliance with the provisions laid down in article 12 of the Articles of Association, only shareholders entitled to vote or using the right of grouping pursuant to the law can attend the general meeting;
b) One vote is allocated to each 100 shares;
c) Shareholders can only participate in the general meeting, in person or by representation, or exercise their voting right by way of a letter sent by mail or through electronic mail, provided that they have held shares at least since the fifteenth day before the general meeting takes place and also provided that such capacity continues to exist until the date of the meeting;
d) Representation is made by signed letter addressed to the chairman of the general meeting committee to the headquarters of the company at Praça Marquês de Pombal, nr 12, 1250-162 Lisboa;
e) Proof of title of the shares shall me made by sending to the chairman of the general meeting committee, to the headquarters of the company, at least eight days before the meeting takes place, a declaration issued and authenticated by the financial trustee responsible for the registration of the shares in account, that must refer that the shares under consideration have been registered in the relevant account since at least the fifteenth day before the date scheduled for the general meeting and that the said shares have been blocked in the same account until the date of the same meeting.
In compliance with the provisions laid down both in article 22 of the Securities Market Code and article 12 of the Articles of Association, shareholders qualified to participate in the general meeting may exercise their voting right on each item of the agenda by way of a registered letter with acknowledge of receipt, signed as per the respective Identity Card, addressed to the chairman of the general meeting committee and mailed to the headquarters of the company until the 23rd of March 2005. The same mail should enclose a well legible copy of the Identity Card of the person who signs the letter.
In compliance with the recommendations by the Portuguese Securities Market Commission, shareholders qualified to participate in the general meeting may exercise their voting right through electronic mail; they shall have to inform the chairman of the general meeting committee, either at the headquarters of the company or through EDP?s web page (www.edp.pt) until the 21st of March 2005; after that, they shall receive a registered letter, at the same address as in the declaration of the financial trustee, informing of the e-mail address and the password to be mentioned in the e-mail message through which the shareholder shall exercise his voting right, until the 29th of March 2005.
From the next 16th of March, at the headquarters of the company, all shareholders can request to consult any document and be provided with information with regards to this meeting.
Lisbon, the 17th of February 2005
THE CHAIRMAN OF THE GENERAL MEETING COMMITTEE
Signed by JOSÉ MANUEL ARCHER GALVÃO TELES