Trading Statement
25 January 2012
Consolidated Financial Statements for the year ending 31 December 2011
Earnings Announcement:	14 March 2012 (Before the capital markets opening)
Conference Call:	14 March 2012
Shareholders’ General Meeting
30 April 2012
Consolidated Financial Statements for the year quarter ending 31 March 2012
Earnings Announcement:	23 May 2012 (After the capital markets closure)
Conference Call:	24 May 2012
Consolidated Financial Statements for the 6 months ending 30 June 2012
Earnings Announcement:	23 August 2012 (After the capital markets closure)
Conference Call:	24 August 2012
Consolidated Financial Statements for the 9 months ending 30 September 2012
Earnings Announcement:	14 November 2012 (After the capital markets closure)
Conference Call:	15 November 2012

As new events arise or if there are changes to the currently established company calendar, Sonae will immediately inform the capital market.