Galp Energia. SGPS, S.A.: Trading Update fourth quarter 2012

Galp Energia releases today the trading update for the 4th quarter of 2012, with the following highlights: * Net entitlement production of 17.7 kboepd, up 36% YoY, following increased production from Brazil; * Benchmark refining margin of $1.4/bbl, a decrease of $2.5/bbl QoQ; * Crude processed of 18,791 kbbl, down 12% QoQ; * Oil products sales to direct clients of 2.4 million tons, down 9% YoY; * Natural gas volumes sold of 1.6 bcm, an increase of 10% YoY. Trading update 4Q12: This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Galp Energia. SGPS, S.A. via Thomson Reuters ONE [HUG#1671695]