Notified on 10 March 2005, this merger consists of the acquisition by EDIFER - Sociedade Gestora de Participações, S.A. ("EDIFER SGPS") of sole control of TECNASOL FGE, Fundações e Geotecnia, S.A. ("TECNASOL FGE"), an undertaking that hitherto has been jointly controlled by EDIFER SGPS and SOMAGUE - Investimentos, Gestão e Serviços, S.A.