On the 27th of November at 10:00 a.m. (11:00 a.m. CET) IGCP, E.P.E. performed an exchange offer of the following Portuguese Government bonds:

• IGCP, E.P.E., bought EUR 532,000,000.00 of the  OT 3.85 April 2021 at 106.016%;
  
  
• IGCP, E.P.E., sold EUR 360,000,000.00, OT 2.125 October 2028 at average price 115.80%;
• IGCP, E.P.E., sold EUR 172,000,000.00, OT 2.25 April 2034 at average price 120.30%.

IGCP, E.P.E., November  27th, 2019