Sonae Indústria, SGPS, SA
Lugar do Espido Via Norte
Apartado 1096
4471-909 Maia Portugal
Telefone
Fax
(+351) 220 100 400
(+351) 220 100 450
www.sonaeindustria.com
SONAE INDÚSTRIA, SGPS, S.A.
Headquarters: Lugar do Espido, Via Norte, Maia
Share Capital: € 700 000 000
Registered at Maia Commercial Registering Office under no. 506 035 034
VAT no. 506 035 034
Publicly Traded Company
ANNOUNCEMENT
AUTHORISATION TO ACQUIRE / SELL OWN SHARES
SONAE INDÚSTRIA, SGPS, S.A. announces that the following proposal was approved by
unanimity in the Annual General Meeting held on 31 May 2007:
“We propose to decide on:
a) acquiring shares that represent the company’s share capital, through the Stock Exchange
and/or outside the Stock Exchange if the seller is a directly or indirectly held company, by
an amount not lower than the average share price of the last ten days prior to the
acquisition date deducted by 50% per share and not higher than the average share price
of the last ten days prior to the acquisition date added by 10% per share, during the
following eighteen months and under the legal terms foreseen on no. 2 of Article 317 of
the Company Law. The Board of Directors has power to decide on the opportunity of the
investment.
b) selling a minimum amount of one hundred shares that represent the company’s share
capital, through the Stock Exchange and/or outside the Stock Exchange if the purchaser
is a directly or indirectly held company, by an amount not lower than the average share
price of the last ten days prior to the selling date deducted by 10% per share, during the
following eighteen months and under the legal terms. The Board of Directors has power to
decide on the opportunity of the divestment.”
Furthermore, it is herewith informed that this resolution stands exclusively for an
authorisation and that any effective acquisition or sale of own shares depends on a specific
resolution from the Board of Directors.
Maia, 4 June 2007
On behalf of the Board of Directors,
Capital Social 700 000 000 Euros (Sociedade Aberta) C.R.C. Maia (Matricula nº 506 035 034) Pessoa Colectiva nº 506 035 034