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Tuesday, 14 August 2001

Sonae SGPS strengthens position in Sonae Indústria



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Under the terms of Article 17 of the Código dos Valores Mobiliários (Securities Code), Sonae - SGPS, S.A., announces that it came to hold over 90% of the corresponding voting rights of its stake in the share capital of Sonae Indústria - SGPS, S.A., a public company, on 13 August 2001. The respective stake was acquired by subscribing to the increase and allocation of the company's capital, paying the sum of €219 397 540. It thus holds 92 047 366 shares, which represent 92.0474% of that company's share capital, and corresponds to exactly the same percentage of votes.

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