Holding(s) in Company

LUXEMBOURG/PORTUGAL--(BUSINESS WIRE)--

Société Anonyme

Registered Office: 21/25 Allée Scheffer, L- 2520 Luxembourg

R.C.S. Luxembourg B 22.232

Participation of Major Shareholders as at 31 December 2012

Luxembourg/Portugal – 7 January 2013 – Espírito Santo Financial Group S.A. (“ESFG”) (NYSE Euronext Lisbon: ESF; Bloomberg: ESF PL; Reuters: ESF LS) announces participations of its major shareholders as at 31 December 2012:

Principal Shareholders	Number of Shares	Voting Rights %
1. Espírito Santo International S.A.	89,888,970	43.41
Espírito Santo International S.A.	69,125,059	33.38
Espírito Santo Irmãos SGPS S.A.*	20,763,911	10.03
2. ESAF- Espírito Santo Fundos de Investimento Mobiliário S.A.	12,248,479	5.92

*Wholly owned subsidiary of Espírito Santo International SA.

Espírito Santo Financial Group S.A.’s issued capital is EUR 207,075,338.

Each share corresponds to one vote.

Contacts:

Filipe Worsdell
Espírito Santo Financial Group S.A.
[phone]
[e-mail]

Faisal Kanth
Taylor Rafferty
[phone]
[e-mail]

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The Espírito Santo Financial Group provides, through its subsidiaries, a global and diversified range of financial services to its clients including Commercial banking, Insurance, Investment banking, Stockbrokerage and Asset management in Portugal and internationally. For additional information on Espírito Santo Financial Group, its subsidiaries, operations and results, please visit the Company’s website on

www.esfg.com