JERÓNIMO MARTINS SGPS, S.A. QUALIFIED SHAREHOLDING In accordance with the terms of number 1 of article 17 of the Portuguese Securities Code, Jerónimo Martins SGPS, S.A. informs that it has received today from Sociedade Francisco Manuel dos Santos, SGPS S.A. and Sociedade Francisco Manuel dos Santos B.V., the following information: “In accordance with the terms of article 16 of the Portuguese Securities Code, Sociedade Francisco Manuel dos Santos, SGPS S.A. and Sociedade Francisco Manuel dos Santos B.V. hereby inform Jerónimo Martins, SGPS S.A. that, on December 30, 2011, Sociedade Francisco Manuel dos Santos, SGPS S.A. sold to Sociedade Francisco Manuel dos Santos B.V., which has purchased from the former, 353,260,814 Jerónimo Martins, SGPS S.A., shares, representing 56.136% of the capital and corresponding to 56.213% of the voting rights. As a result of the above mentioned purchase and sale, Sociedade Francisco Manuel dos Santos, SGPS S.A. no longer holds any Jerónimo Martins, SGPS S.A. shares. It is further informed that, in accordance with the terms of number 2 of article 21, paragraphs b) and c), of the Portuguese Securities Code, Sociedade Francisco Manuel dos Santos, SGPS, S.A. controls Sociedade Francisco Manuel dos Santos B.V., since it may exercise the corresponding voting rights under a Shareholders Agreement. In accordance with the terms of article 20 of the Portuguese Securities Code, especially paragraph b) of its number 1, under the above mentioned Shareholders Agreement, the corresponding voting rights of the Jerónimo Martins, SGPS S.A. shares, object of the purchase and sale above mentioned, remain attributed to Francisco Manuel dos Santos, SGPS S.A.” Lisbon, January 2, 2012 Jerónimo Martins, SGPS, SA Public Company Corporate Address: Rua Tierno Galvan, Torre 3, 9º Piso, Letra J – 1099-008 Lisboa Share Capital: Eur 629,293,220.00 Registered at the Commercial Registry Office of Lisbon and Tax Number: 500 100 144