Resolutions of the annual general shareholders meeting 

Galp Energia, SGPS, S.A.’s (“Galp Energia”) annual general meeting convened today approved the items proposed on the agenda as follows:

1. Ratification of the board’s resolution of 13 May 2009 to appoint Luigi Spelli and Massimo Mondazzi as members of the Company’s board of directors, the board’s resolution of 11 November 2009 to appoint Francesco Giunti as a member of the Company’s board of directors, as well as the board resolution of 22 March 2010 to appoint Maria Rita Galli as a member of the Company’s board of directors;
2. The management consolidated report, individual and consolidated accounts, for the year 2009, as well as remaining reporting documents;
3. The proposal for application of profits:
   
   

   Dividend distribution (0.20€/share)	165,850
   Retained earnings	119,364
   Total	285,214

4. The corporate governance report;
5. A resolution expressing the shareholders’ vote of thanks to the Board of Directors, the Supervisory Board, the Statutory Auditors and each one of their members;
6. Declaration regarding the remuneration policy of the governing bodies and top management.