Maia, 25 July 2017

Sonae - SGPS, SA hereby reports that Sonae RP concluded, today, the sale and leaseback transaction of 4 food retail assets located in Portugal. This transaction totaled 34.7 million euros and has generated an estimated capital gain of 10.3 million euros. This has resulted in a Sonae MC freehold of 48%.

This transaction is aligned with Sonae's disclosed strategy concerning the monetisation of its real estate assets, while also maintaining adequate operational flexibility.

On behalf of the Board of Directors,

Sonae SGPS SA published this content on 25 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 26 July 2017 08:35:03 UTC.

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