Unofficial Translation

This is an unofficial translation of the proposal indicated below and it has been prepared for information purposes only. In the event of any discrepancy between this translation and the Portuguese version, the Portuguese version will prevail.

ANNOUNCEMENT ISSUE OF DEBT INSTRUMENTS IN THE AMOUNT OF 150,000,000 EUROS

Under the terms and for the purposes of article 249(2)(d) of the Portuguese Securities Code (Código dos Valores Mobiliários), REN - Redes Energéticas Nacionais, SGPS, S.A. (REN) hereby informs the market that on the date hereof, REN has completed the issue of unsecured debt instruments (Notes) under its EMTN programme (Euro Medium Term Note Programme), in the amount of €150,000,000 and a 7 year maturity.
The issue was fully subscribed through a private placement.
Lisbon, January 16th, 2013
REN - Redes Energéticas Nacionais, SGPS, S.A.

REN - REDES ENERGÉTICAS NACIONAIS, S.G.P.S., S.A.

Listed Company (Sociedade Aberta)

Share Capital: € 534,000,000

Commercial Registry Office of Lisbon: registry and tax sole number: 503 264 032

Head Office: Avenida Estados Unidos da América, no. 55

1749-061 Lisbon

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