Cotação Moeda Origem

BES-Vida. Companhia de Seguros. S.A. do Fundo: PPR Cotação Juro Decorrido Montante Global Parte I - Valores Patrimoniais 2.393.895.664,47 1 Valores Mobiliários Cotados 29.633.493,44 1.893.062.201,30 1.1 Mercado Cotações Oficiais Portugal 4.398.660,61 241.183.605,98 1.1.1 Títulos de dívida pública 2.550.619,86 114.487.904,86 1.1.1 FINNISH GOVT 3.375% /2010-15/04/2020 5.000.000,00 100,23% EUR 100,23% 6.934,93 5.018.184,93 1.1.1 OBL 4.0% /2008-11/10/2013 5.900.000,00 108,28% EUR 108,28% 110.564,38 6.499.084,38 1.1.1 PGB 3.35% /2005-15/10/2015 25.000.000,00 100,22% EUR 100,22% 383.184,93 25.436.934,93 1.1.1 PGB 4.1% /2006-15/04/2037 12.100.000,00 88,47% EUR 88,47% 475.712,33 11.179.977,33 1.1.1 PGB 4.8% /2010-15/06/2020 4.000.000,00 104,65% EUR 104,65% 22.093,15 4.208.093,15 1.1.1 PGB 5.45% /1998-23/09/2013 55.000.000,00 110,17% EUR 110,17% 1.552.130,14 62.145.630,14 1.1.3 Obrigações diversas 1.848.040,75 124.816.208,22 1.1.3 BANCO BPI 5.75% /2008-05/08/2010 3.200.000,00 100,97% EUR 100,97% 119.978,08 3.351.018,08 1.1.3 BANCO COM PORTUG 5.625% /2009-23/04/2014 3.500.000,00 105,57% EUR 105,57% 184.469,18 3.879.349,18 1.1.3 BANCO ESPIRITO SANTO 5.625% /2009-05/06/2014 11.000.000,00 105,86% EUR 105,86% 506.866,44 12.151.014,34 1.1.3 BANCO ESPIRITO SANTO SA Float 2009-25/02/2013 4.600.000,00 98,81% EUR 98,81% 7.216,12 4.552.539,60 1.1.3 BANIF SGPS SA 3.25% /2009-08/05/2012 2.900.000,00 101,88% EUR 101,88% 84.437,67 3.038.841,67 1.1.3 BCPPL 4.75% /2007-29/10/2014 5.000.000,00 105,52% EUR 105,52% 99.554,79 5.375.454,79 1.1.3 BESLEASING FACTORING Float /2004-22/09/2014 4.450.000,00 99,25% EUR 99,25% 1.892,36 4.418.708,71 1.1.3 BESNN 4.375% /2008-25/01/2011 4.350.000,00 101,50% EUR 101,50% 33.891,27 4.448.923,77 1.1.3 BESNN Float/ 2007-26/06/2014 19.400.000,00 92,95% EUR 92,95% 2.117,83 18.034.611,83 1.1.3 BESPL 3.375% /2009-17/02/2015 12.000.000,00 99,55% EUR 99,55% 46.602,74 11.992.122,74 1.1.3 BESPL 3.75% /2009-19/01/2012 5.000.000,00 102,80% EUR 102,80% 36.472,60 5.176.322,60 1.1.3 CAIXA GERAL DEPO 3.625% /2009-21/07/2014 13.000.000,00 101,38% EUR 101,38% 326.647,26 13.505.917,26 1.1.3 CAIXA GERAL DEPO 5.125% /2009-19/02/2014 12.400.000,00 105,66% EUR 105,66% 69.643,84 13.171.888,08 1.1.3 CAMFER 4.17% /2009-16/10/2019 4.000.000,00 96,35% EUR 96,35% 75.859,73 3.929.859,73 1.1.3 MODELO E CONTINENTE Float - 2005 / 03-08-2010 403.025,00 100,00% EUR 100,00% 1.044,46 404.069,46 1.1.3 MONTEPIO GERAL 3.25% /2009-27/07/2012 2.000.000,00 101,50% EUR 101,50% 43.986,30 2.073.966,30 1.1.3 PARPUB 3.5% /2009-08/07/2013 4.700.000,00 100,05% EUR 100,05% 119.882,19 4.822.232,19 1.1.3 REFER 4.25% - 2006 / 13-12-2021 1.500.000,00 95,37% EUR 95,37% 18.863,01 1.449.353,01 1.1.3 SEMAPA Float /2006-20/04/2016 2.500.000,00 99,74% EUR 99,74% 26.685,00 2.520.185,00 1.1.3 SONAE INVESTIMENTOS Float /2006-10/05/2011 (Call=10/05/2010) 6.500.000,00 99,66% EUR 99,66% 41.929,88 6.519.829,88 1.1.4 Acções 0,00 1.879.492,90 1.1.4 Galp Energia SGPS SA 83.943,00 12,86 EUR 12,86 0,00 1.079.506,98 1.1.4 Portugal Telecom, SGPS 96.640,00 8,28 EUR 8,28 0,00 799.985,92 1.2 Mercado Cotações Oficiais UE 25.216.339,68 1.630.310.344,02 1.2.1 Títulos de dívida pública 11.117.040,22 637.879.454,78 1.2.1 AUSTRIA REP. 2005 / 28-07-2025 6.500.000,00 90,03% EUR 90,03% 162.616,11 6.014.566,11 1.2.1 BKO 1.25% /2009-11/03/2011 55.000.000,00 100,67% EUR 100,67% 37.671,23 55.403.421,23 1.2.1 BTNS 1.25% + Inflação - 2006/ 25-07-2010 6.400.000,00 108,59% EUR 108,59% 57.854,70 7.007.815,47 1.2.1 BTNS 4.5% /2008-12/07/2013 15.000.000,00 109,23% EUR 109,23% 484.520,55 16.869.020,55 1.2.1 BTPS 0.95% + Inflação - 2004 / 15-09-2010 16.400.000,00 111,48% EUR 111,48% 7.504,89 18.290.418,22 1.2.1 BTPS 3.75% /2006-01/08/2021 21.500.000,00 98,62% EUR 98,62% 128.116,44 21.331.416,44 1.2.1 BTPS 4.5 % /2007-01/02/2018 9.050.000,00 107,84% EUR 107,84% 64.713,70 9.823.781,20 1.2.1 BTPS 6.5% /1997-01/11/2027 39.000.000,00 123,72% EUR 123,72% 1.034.835,62 49.283.685,62 1.2.1 DBR 1.5% Inflação 2006-15/04/2016 40.300.000,00 113,06% EUR 113,06% 619.272,19 46.183.491,78 1.2.1 DBR 3.75% /2008-04/01/2019 14.150.000,00 105,75% EUR 105,75% 125.023,97 15.087.941,47 1.2.1 DBR 5% /2001-04/07/2011 20.000.000,00 105,34% EUR 105,34% 739.726,03 21.806.726,03 1.2.1 DBR 5.5 % /2000-04/01/2031 13.500.000,00 123,70% EUR 123,70% 174.945,21 16.874.445,21 1.2.1 DBR 6.5% /1997-04/07/2027 10.000.000,00 135,47% EUR 135,47% 480.821,92 14.027.821,92 1.2.1 FRTR 1% + Inflação - 2005/ 25-07-2017 30.000.000,00 108,78% EUR 108,78% 216.080,73 32.849.519,52 1.2.1 FRTR 3% /2004-25/10/2015 45.000.000,00 102,60% EUR 102,60% 580.684,93 46.750.684,93 1.2.1 FRTR 5% /2000-25/10/2016 30.000.000,00 113,38% EUR 113,38% 645.205,48 34.659.205,48 1.2.1 FRTR 5.75% /2000-25/10/2032 24.000.000,00 126,14% EUR 126,14% 593.589,04 30.867.189,04 1.2.1 GGB 4.0% /2008-20/08/2013 20.000.000,00 94,08% EUR 94,08% 488.767,12 19.304.767,12 1.2.1 GGB 4.3% /2009-20/03/2012 7.200.000,00 98,25% EUR 98,25% 9.330,41 7.082.970,41 1.2.1 GGB 4.5% /2004-20/05/2014 48.500.000,00 94,40% EUR 94,40% 1.883.527,40 47.665.102,40 1.2.1 GGB 4.6% /2008-20/07/2018 9.100.000,00 88,42% EUR 88,42% 291.299,73 8.337.519,73 1.2.1 GGB 5.3% /2009-20/03/2026 6.000.000,00 86,54% EUR 86,54% 9.583,56 5.201.983,56 1.2.1 GGB 6.1% /2010-20/08/2015 6.740.000,00 99,45% EUR 99,45% 64.205,42 6.766.798,42 1.2.1 INSTITUT CREDITO OFICIAL 3.25% /2010-10/02/2015 5.000.000,00 101,93% EUR 101,93% 21.815,07 5.118.065,07 1.2.1 IRISH GOVT 4.6% /1999-18/04/2016 10.000.000,00 105,55% EUR 105,55% 434.794,52 10.989.794,52 1.2.1 NETHERLANDS GOVT 3.25% /2005-15/07/2015 5.000.000,00 104,47% EUR 104,47% 115.308,22 5.338.808,22 1.2.1 NETHERLANDS GOVT 3.5% /2010-15/07/2020 10.000.000,00 101,50% EUR 101,50% 51.780,82 10.201.280,82 1.2.1 NETHERLANDS GOVT 3.75% /2006-15/01/2023 8.000.000,00 102,11% EUR 102,11% 61.643,84 8.230.043,84 1.2.1 RAGB 6.25% /1997-15/07/2027 34.500.000,00 128,50% EUR 128,50% 1.530.051,37 45.860.826,37 1.2.1 REP. ARGENTINA 1.2% /2003-31/12/2038 849.836,00 27,08% EUR 27,08% 0,00 230.093,10 1.2.1 REP. AUSTRIA Float /2005-15/06/2015 3.000.000,00 96,59% EUR 96,59% 1.750,00 2.899.480,00 1.2.1 SPGB c/z - 98 / 01-2029 28.247.568,91 40,79% EUR 40,79% 0,00 11.520.770,98 1.2.3 Obrigações diversas 14.099.299,46 900.138.683,29 1.2.3 ABERTIS 4.625% /2009-14/10/2016 2.000.000,00 104,65% EUR 104,65% 42.575,34 2.135.515,34 1.2.3 ABN AMRO BANK NV 3.75% /2009-15/07/2014 6.000.000,00 104,58% EUR 104,58% 159.375,00 6.433.875,00 1.2.3 AIREM 2004-1X 3B2 MTG /2004-20/09/2066 2.700.000,00 52,00% EUR 52,00% 690,53 1.404.690,53 1.2.3 ANGLO IRISH BANK Float /2006-21/06/2016 (Call=21/06/2011) 2.000.000,00 39,00% EUR 39,00% 471,50 780.471,50 1.2.3 ARGOM 2 B MTG /2004-27/10/2043 2.600.000,00 60,14% EUR 60,14% 4.499,95 1.568.022,95 1.2.3 ASR NEDERLAND 10% 2009/26-10-2049 (Call 26-10-2019) 1.275.000,00 109,50% EUR 109,50% 81.390,41 1.477.515,41 1.2.3 ASR NEDERLAND NV Float /2009-26/10/2049 (Call=26/07/2010) 1.705.000,00 34,50% EUR 34,50% 9.002,40 597.227,40 1.2.3 AT & T INC 6.125% /2008-02/04/2015 2.000.000,00 113,77% EUR 113,77% 121.828,77 2.397.248,77 1.2.3 AT & T INC. 4.375% /2007-15/03/2013 4.000.000,00 105,88% EUR 105,88% 7.671,23 4.242.951,23 1.2.3 ATHLON SEC. BV Float MTG /2005-26/12/2014 1.109.750,00 99,45% EUR 99,45% 116,52 1.103.715,62

1.2.3 AUST & NZ BANK 3.75% /2010-10/03/2017 5.000.000,00 99,90% EUR 99,90% 10.787,67 5.005.837,67 1.2.3 BANCA INTESA SPA C/F Float /2005-23/11/2015 3.000.000,00 92,00% EUR 92,00% 15.118,03 2.775.118,03 1.2.3 BANCO FINANTIA INTL Float /2007-26/07/2017 (Call=26/07/2012) 4.700.000,00 85,00% EUR 85,00% 16.042,67 4.011.042,67 1.2.3 BANCO ITAU EUROPA /2005-22/12/2015 (Call=22/12/2010) 7.020.000,00 88,00% EUR 88,00% 2.093,72 6.179.693,72 1.2.3 BANCO POPULAR Float /2009-22/12/2019 (Call=22/12/2014) 400.000,00 99,45% EUR 99,45% 6.186,28 403.994,28 1.2.3 BANCO SABADELL 4.5% /2003-29/04/2013 2.000.000,00 105,10% EUR 105,10% 82.849,32 2.184.749,32 1.2.3 BANCO SABADELL 5%/ 2008-09/05/2010 3.000.000,00 100,22% EUR 100,22% 133.972,60 3.140.422,60 1.2.3 BANESTO FINANCIAL 4.0% /2009-08/05/2012 2.100.000,00 103,56% EUR 103,56% 75.254,79 2.250.035,79 1.2.3 BANIF FINANCE LTD Float /2004-22/12/2049 (Call=22/12/2014) 2.053.000,00 74,50% EUR 74,50% 1.305,19 1.530.790,19 1.2.3 BANIF FINANCE LTD Float /2006-03/11/2010 5.450.000,00 99,08% EUR 99,08% 8.604,94 5.408.192,44 1.2.3 BANIF FINANCE LTD Float /2006-22/12/2049 (Call=22/12/2016) 5.000.000,00 65,00% EUR 65,00% 2.516,25 3.252.516,25 1.2.3 BANK OF CYPTRUS Float /2007-28/06/2010 2.000.000,00 99,14% EUR 99,14% 92,78 1.982.952,78 1.2.3 BANK OF IRELAND 4.0% /2010-28/01/2015 3.000.000,00 100,91% EUR 100,91% 20.383,56 3.047.533,56 1.2.3 BANK OF MONTREAL 4.25% /2008-23/01/2013 2.000.000,00 105,69% EUR 105,69% 15.602,74 2.129.302,74 1.2.3 BANK OF SCOTLAND (HBOS) Float /2005-16/03/2020 10.000.000,00 75,00% EUR 75,00% 19.475,34 7.519.475,34 1.2.3 BANKINTER SA 5% /2008-14/05/2010 4.000.000,00 100,23% EUR 100,23% 175.890,41 4.185.130,41 1.2.3 BARCLAYS BANK Float - 2005 / 23-11-2015 3.800.000,00 90,38% EUR 90,38% 17.150,60 3.451.590,60 1.2.3 BARCLAYS BK PLC 3.5% /2010-18/03/2015 4.000.000,00 99,97% EUR 99,97% 4.986,30 4.003.946,30 1.2.3 BAYER HYPO CMS /1999-16/06/2014 3.000.000,00 96,25% EUR 96,25% 94.666,67 2.982.166,67 1.2.3 BBVA BANCOMER 4.799% /2007-17/05/2017 (Call=17/05/2012) 3.500.000,00 94,19% EUR 94,19% 145.876,45 3.442.596,45 1.2.3 BBVA SENIOR FIN 3.625% /2009-14/05/2012 5.000.000,00 103,29% EUR 103,29% 159.400,68 5.323.800,68 1.2.3 BCP FINANCE Float /2005-15/06/2015 (Call=15/06/2010) 9.000.000,00 92,94% EUR 92,94% 4.000,00 8.368.150,00 1.2.3 BCP FINANCE pp - 2005 / 13-10-2049 (call=12-10-2015) 3.000.000,00 72,25% EUR 72,25% 58.881,45 2.226.381,45 1.2.3 BCPN Float /2006-21/12/2016 (Call=21/12/2011) 6.537.000,00 90,00% EUR 90,00% 1.541,10 5.884.841,10 1.2.3 BEAR STEARNS CO Float 2006-26/09/2013 5.000.000,00 98,81% EUR 98,81% 615,28 4.941.115,28 1.2.3 BEAR STEARNS Float /2005-21/02/2017 500.000,00 88,69% EUR 88,69% 766,43 444.211,43 1.2.3 BES FINANCE 6.25% /2001-17/05/2011 13.000.000,00 103,23% EUR 103,23% 707.876,71 14.127.776,71 1.2.3 BES FINANCE 6.625% pp /2002-08/05/2049 (Call = 08/05/2012) 12.027.000,00 95,69% EUR 95,69% 713.835,40 12.222.302,12 1.2.3 BES FINANCE Float /2005-27/04/2010 949.000,00 99,99% EUR 99,99% 1.318,64 950.214,25 1.2.3 BES FINANCE LTD /2004-16/03/2049 (Call=16/03/2015) 3.000.000,00 88,83% EUR 88,83% 5.547,95 2.670.537,95 1.2.3 BES FINANCE pp /2003-02/07/2049 (Call = 02/07/2014) 11.721.000,00 80,61% EUR 80,61% 487.388,08 9.935.681,49 1.2.3 BESPL 3.875% /2010-21/01/2015 31.750.000,00 98,13% EUR 98,13% 232.579,62 31.388.854,62 1.2.3 BESPL 5.42% /2001-28/11/2011 6.000.000,00 105,65% EUR 105,65% 110.206,67 6.449.098,67 1.2.3 BFCM Float /2006-31/03/2016 (Call=31/03/2011) 3.000.000,00 95,50% EUR 95,50% 0,00 2.865.000,00 1.2.3 BHP BILLITON FIN 6.375% /2009-04/04/2016 3.000.000,00 116,60% EUR 116,60% 190.726,03 3.688.696,03 1.2.3 BIC 4.65% /2002-19/03/2012 1.000.000,00 118,66% EUR 118,66% 1.550,00 1.188.150,00 1.2.3 BIPIELLE RESIDENTIAL SRL Float MTG /2004-30/12/2040 2.400.000,00 64,00% EUR 64,00% 62,40 1.536.062,40 1.2.3 BMW FINANCE NV 3.875% /2010-18/01/2017 2.000.000,00 100,81% EUR 100,81% 15.287,67 2.031.507,67 1.2.3 BMW FINANCE NV 6.125% /2009-02/04/2012 2.000.000,00 107,99% EUR 107,99% 132.232,88 2.291.952,88 1.2.3 BNP PARIBAS HOME LOAN 3% /2009-23/07/2013 10.000.000,00 102,87% EUR 102,87% 206.301,37 10.493.701,37 1.2.3 BNZ INTL FUNDING 4.0% /2010-08/03/2017 2.500.000,00 100,49% EUR 100,49% 6.301,37 2.518.451,37 1.2.3 BPI CAPITAL FINANCE Float /2003-12/08/2049 (Call: 12/08/2013) 7.379.000,00 70,00% EUR 70,00% 21.309,73 5.186.609,73 1.2.3 BPIN Var. /2001-20/07/2011 4.725.200,00 95,00% EUR 95,00% 215.378,50 4.704.318,50 1.2.3 CAIXA GALICIA Float /2007-20/06/2049 (Call=20/06/2017) 3.500.000,00 45,00% EUR 45,00% 1.332,63 1.576.332,63 1.2.3 CAIXA GERAL DE DEPOSITOS /2005-27/04/2015 (Call=27/04/2010) 5.000.000,00 85,00% EUR 85,00% 8.041,25 4.258.041,25 1.2.3 CAIXA GERAL DEPO Float /2002-18/12/2049 (Call=18/12/2012) 2.588.000,00 76,88% EUR 76,88% 1.818,65 1.991.473,05 1.2.3 CAIXA GERAL FIN Float /2004-28/06/2049 (Call=28/06/2014) 4.010.000,00 67,00% EUR 67,00% 319,69 2.687.170,06 1.2.3 CAIXA GERAL FIN Float /2005-30/09/2049 (Call=30/09/2015) 7.783.000,00 67,08% EUR 67,08% 303,97 5.221.140,37 1.2.3 CAJA DUERO CAP Float pp /2003-29/12/2049 (Call=29/12/2019) 2.697.000,00 30,00% EUR 30,00% 372,34 809.472,34 1.2.3 CALYON RAcc /2004-02/08/2019 (Call=02/08/2014) 1.700.000,00 107,64% EUR 107,64% 68.633,42 1.898.513,42 1.2.3 CALYON Var /2007-26/01/2017 3.000.000,00 117,79% EUR 117,79% 34.133,33 3.567.833,33 1.2.3 CALYON Var /2009-19/03/2019 (Put=19/03/2012) 10.000.000,00 103,87% EUR 103,87% 10.849,32 10.397.849,32 1.2.3 CARREFOUR 5.375% /2008-12/06/2015 2.000.000,00 111,21% EUR 111,21% 86.000,00 2.310.220,00 1.2.3 CARREFOUR SA 4.375% /2006-02/11/2016 3.000.000,00 106,19% EUR 106,19% 53.578,77 3.239.248,77 1.2.3 CEMG-CAYMAN ISLA Float /2006-18/04/2016 (Call=18/04/2011) 1.800.000,00 80,50% EUR 80,50% 4.075,20 1.453.075,20 1.2.3 CEMG-CAYMAN ISLA Float /2006-31/01/2011 9.300.000,00 99,00% EUR 99,00% 13.630,96 9.220.663,51 1.2.3 CGD Sub.Lower Tier II /2007-28/12/2017 (Call=28/12/2012) 32.000.000,00 99,99% EUR 99,99% 3.048,89 31.999.848,89 1.2.3 CIMPOR FIN OPS 4,5% 2004-27/05/2011 2.261.000,00 101,62% EUR 101,62% 85.856,05 2.383.411,67 1.2.3 COM BK AUSTRALIA 4.375% /2010-25/02/2020 4.500.000,00 102,40% EUR 102,40% 19.140,63 4.627.005,63 1.2.3 COMMERZBANK AG 3.875% /2010-22/03/2017 6.000.000,00 99,56% EUR 99,56% 5.732,88 5.979.092,88 1.2.3 CRDSUI Float 2005-14/09/2020 (Call = 14/09/2015) 1.800.000,00 97,77% EUR 97,77% 35.395,89 1.795.201,89 1.2.3 CREDIT AGRICOLE 4.5% /2009-29/01/2016 8.000.000,00 108,12% EUR 108,12% 60.164,38 8.709.524,38 1.2.3 CREDIT AGRICOLE 4.875% /2008-08/04/2011 6.000.000,00 103,65% EUR 103,65% 286.089,04 6.505.089,04 1.2.3 CREDIT AGRICOLE 5.875% /2009-11/06/2019 52.000.000,00 111,56% EUR 111,56% 2.452.369,86 60.462.529,86 1.2.3 CREDIT AGRICOLE 5.971% /2008-01/02/2018 4.000.000,00 112,00% EUR 112,00% 37.952,66 4.517.912,66 1.2.3 CREDIT AGRICOLE CMS /2005-04/02/2049 (Call=04/02/2015) 1.250.000,00 66,25% EUR 66,25% 6.667,50 834.792,50 1.2.3 CREDIT AGRICOLE COV BOND 3.5% /2009-21/07/2014 5.000.000,00 104,17% EUR 104,17% 121.301,37 5.329.551,37 1.2.3 CREDIT AGRICOLE Float C/F /2004-15/11/2010 4.300.000,00 97,30% EUR 97,30% 24.042,38 4.207.942,38 1.2.3 CYPRUS POPULAR Float /2006-26/05/2016 (Call=26/05/2011) 2.750.000,00 83,00% EUR 83,00% 3.551,85 2.285.914,35 1.2.3 DALRA 1-X A2 Float MTG /2006-15/06/2022 (Call=15/06/2011) 3.000.000,00 88,74% EUR 88,74% 11.713,00 2.673.793,00 1.2.3 DEPFA FUNDING CMS -2005 08-06-2049 (call=08-06-2011) 3.000.000,00 18,70% EUR 18,70% 0,00 561.000,00 1.2.3 DEPFA Float 1999-28/05/2019 2.000.000,00 86,13% EUR 86,13% 69.208,33 1.791.708,33 1.2.3 DEUTSCH BAHN FIN 4.0% /2006-16/01/2017 2.000.000,00 104,68% EUR 104,68% 16.219,18 2.109.819,18 1.2.3 DEUTSCH BAHN FINANCE 4.75% /2003-14/03/2018 3.000.000,00 108,71% EUR 108,71% 6.636,99 3.268.026,99 1.2.3 DEUTSCHE BANK AG Float/ 2007-18/10/2010 5.000.000,00 99,99% EUR 99,99% 8.820,00 5.008.170,00 1.2.3 DEUTSCHE BANK pp - 2005 / 27-06-2049 (call=27-06-2015) 2.500.000,00 64,13% EUR 64,13% 132.808,22 1.735.933,22 1.2.3 DEUTSCHE FIN. CMS 99-04/06/2019 2.042.000,00 84,60% EUR 84,60% 67.134,25 1.794.564,15 1.2.3 DEUTSCHE TELEKOM Float /2006-23/05/2012 6.500.000,00 99,81% EUR 99,81% 7.156,50 6.495.001,50 1.2.3 DEXIA CREDIOP /2005-25/02/2015 (Call=25/02/2009) 3.000.000,00 96,87% EUR 96,87% 10.339,73 2.916.349,73 1.2.3 DNB NOR BANK ASA 4.5% 2009-29/05/2014 5.750.000,00 106,28% EUR 106,28% 216.924,66 6.328.254,66 1.2.3 DNB NOR BANK ASA 5.875% /2008-20/06/2013 3.000.000,00 110,66% EUR 110,66% 137.136,99 3.457.026,99 1.2.3 DRESDNER BANK AG CMS /1999-31/05/2019 1.000.000,00 87,56% EUR 87,56% 37.500,00 913.100,00 1.2.3 DZ BANK Float pp /2003-11/11/2049 (Call=11/11/2019) 500.000,00 68,30% EUR 68,30% 2.107,33 343.607,33 1.2.3 DZBK Pp Float /2004-22/11/2049 (Call=22/11/2011) 3.500.000,00 59,50% EUR 59,50% 8.129,72 2.090.629,72 1.2.3 E.I.B. Var /2003-01/10/2010 2.348.000,00 100,20% EUR 100,20% 14.554,38 2.367.250,38 1.2.3 E.ON INTL 5.125% /2008-07/05/2013 3.000.000,00 108,76% EUR 108,76% 138.164,38 3.400.844,38 1.2.3 EBRD 0.5 % /2003-30/01/2015 1.500.000,00 91,02% EUR 91,02% 1.250,00 1.366.580,00 1.2.3 EFG HELLAS Float /2007-08/06/2017 (Call=08/06/2012) 8.000.000,00 79,00% EUR 79,00% 4.876,00 6.324.876,00 1.2.3 EFG HELLAS PLC Float /2006-19/04/2016 3.000.000,00 87,17% EUR 87,17% 0,00 2.615.070,00 1.2.3 ENBW 4.125% /2009-07/07/2015 2.000.000,00 105,26% EUR 105,26% 60.349,32 2.165.609,32

1.2.3 ENEL (ENTNZENEL) 5.25% /2007-20/06/2017 2.600.000,00 110,00% EUR 110,00% 106.208,22 2.966.312,22 1.2.3 ENEL FINANCE INTL SA 4.0% /2009-14/09/2016 5.000.000,00 103,66% EUR 103,66% 106.849,32 5.290.049,32 1.2.3 ERICSSON LM Float /2007-27/06/2014 3.000.000,00 97,45% EUR 97,45% 155,83 2.923.775,83 1.2.3 ERSTBK 6.25% /2001-12/03/2021 (Call=12/03/2011) 5.000.000,00 92,15% EUR 92,15% 15.625,00 4.623.125,00 1.2.3 ERSTBK Float /2006-19/07/2017 (Call=19/07/2012) 3.000.000,00 87,38% EUR 87,38% 6.390,00 2.627.640,00 1.2.3 ES INV 2005-25/05/2015 2.522.000,00 102,18% EUR 102,18% 40.597,19 2.617.675,15 1.2.3 ES INVEST PLC RAcc 5.25% /2009-26/10/2016 (Call=26/10/2010) 4.000.000,00 101,20% EUR 101,20% 89.833,33 4.137.833,33 1.2.3 ESPIRITO SANTO FIN GRP 6.875% /2009-21/10/2019 12.100.000,00 104,30% EUR 104,30% 366.936,64 12.987.055,14 1.2.3 EUROPEAN INVT BK Var /2005-14/10/2015 1.500.000,00 97,51% EUR 97,51% 10.534,08 1.473.184,08 1.2.3 EUROPEAN INVT BK 2.5% /2010-15/07/2015 8.500.000,00 99,96% EUR 99,96% 8.150,68 8.505.005,68 1.2.3 EUROPEAN INVT BK 3.125% /2010-03/03/2017 5.000.000,00 101,15% EUR 101,15% 11.986,30 5.069.486,30 1.2.3 EUROPEAN INVT BK 4.375% /2007-15/04/2013 11.000.000,00 107,90% EUR 107,90% 461.472,60 12.330.692,60 1.2.3 EUROPEAN INVT BK Float /2003-11/03/2011 2.009.000,00 100,29% EUR 100,29% 2.256,68 2.017.122,96 1.2.3 EUROPEAN INVT BK Float /2010-15/01/2018 8.000.000,00 99,48% EUR 99,48% 8.433,33 7.966.753,33 1.2.3 FORTIS BANK NED 4.0% /2010-03/02/2015 2.500.000,00 103,23% EUR 103,23% 15.833,33 2.596.583,33 1.2.3 GE 4.875% /2008-06/03/2013 8.550.000,00 106,34% EUR 106,34% 28.548,80 9.120.276,80 1.2.3 GE CAPITAL 4.25% /2010-01/03/2017 3.500.000,00 101,95% EUR 101,95% 12.226,03 3.580.441,03 1.2.3 GLAXOSMITHKLINE (GSK) 5.625% /2007-23/12/2017 8.000.000,00 113,82% EUR 113,82% 133.150,68 9.238.350,68 1.2.3 GLAXOSMITHKLINE 3.875% /2009-06/07/2015 3.000.000,00 104,19% EUR 104,19% 85.356,16 3.210.996,16 1.2.3 GOLDMAN SACHS GP 4.375% /2010-16/03/2017 2.500.000,00 99,62% EUR 99,62% 4.494,86 2.494.919,86 1.2.3 GOLDMAN SACHS GP Float /2007-30/01/2017 800.000,00 91,07% EUR 91,07% 1.375,89 729.895,89 1.2.3 HBOS PLC Float /2006-29/03/2016 (Call=29/03/2011) 1.500.000,00 83,38% EUR 83,38% 67,50 1.250.692,50 1.2.3 HSBC FINANCE Float - 2005 / 14-09-2010 4.500.000,00 92,41% EUR 92,41% 1.700,00 4.160.150,00 1.2.3 HYPOREAL INTL AG Float /2007-06/12/2010 5.000.000,00 96,50% EUR 96,50% 2.568,33 4.827.568,33 1.2.3 IADB 0.5% 2002-30/10/2012 3.000.000,00 97,05% EUR 97,05% 6.250,00 2.917.720,00 1.2.3 IBERDROLA FIN Float /2006-28/06/2010 3.400.000,00 99,94% EUR 99,94% 153,00 3.397.943,00 1.2.3 IBERDROLA FIN SA 7.5% /2008-25/11/2015 3.000.000,00 121,40% EUR 121,40% 77.671,23 3.719.791,23 1.2.3 IKB 6.625% /2004-20/02/2049 (Call=15/07/2014) 5.000.000,00 16,20% EUR 16,20% 0,00 810.000,00 1.2.3 ING BANK NV 3.375% /2010-03/03/2015 3.000.000,00 100,12% EUR 100,12% 7.767,12 3.011.217,12 1.2.3 ING BANK NV 3.375% /2010-23/03/2017 5.500.000,00 99,93% EUR 99,93% 4.068,49 5.499.943,49 1.2.3 ING BANK NV 3.5% 2005-16/09/2020 (Call=16/09/2015) 3.500.000,00 95,19% EUR 95,19% 65.780,82 3.397.430,82 1.2.3 ING BANK NV 5.5% - 2001 / 04-01-2012 5.000.000,00 104,70% EUR 104,70% 64.794,52 5.299.994,52 1.2.3 INTESA SANPAOLO (ISPIM) 3.75% /2009-23/11/2016 6.000.000,00 101,60% EUR 101,60% 78.904,11 6.174.904,11 1.2.3 INTESA SANPAOLO 5% /2008-28/04/2011 5.000.000,00 103,72% EUR 103,72% 230.821,92 5.416.671,92 1.2.3 KBC IFIMA NV 3.875% /2010-31/03/2015 9.000.000,00 99,96% EUR 99,96% 0,00 8.996.490,00 1.2.3 KBC IFIMA NV Float /2007-26/10/2012 5.000.000,00 97,13% EUR 97,13% 9.066,67 4.865.366,67 1.2.3 KFW Float /2006-23/02/2016 3.000.000,00 96,09% EUR 96,09% 0,00 2.882.610,00 1.2.3 KFW Var /2006-21/02/2011 4.254.000,00 99,98% EUR 99,98% 9.964,85 4.262.943,89 1.2.3 KONINKLIJKE DSM NV 5.25% /2007-17/10/2017 3.000.000,00 109,96% EUR 109,96% 71.198,63 3.369.998,63 1.2.3 LEHMAN BROS Float - 2005 / 20-07-2012 1.380.000,00 15,00% EUR 15,00% 0,00 207.000,00 1.2.3 LEHMAN BROS HLDG Float /2004-02/11/2011 2.000.000,00 15,00% EUR 15,00% 0,00 300.000,00 1.2.3 LEHMAN BROS HLDG Float /2006-04/05/2011 2.000.000,00 15,00% EUR 15,00% 0,00 300.000,00 1.2.3 LEHMAN BROS HLDG Float /2007-10/05/2012 2.900.000,00 15,00% EUR 15,00% 0,00 435.000,00 1.2.3 LEHMAN BROS Var /2004-06/12/2011 5.000.000,00 15,00% EUR 15,00% 0,00 750.000,00 1.2.3 LLOYDS TSB BANK /2005-26/10/2015 (Call=26/10/2010) 3.000.000,00 102,00% EUR 102,00% 25.936,17 3.085.936,17 1.2.3 LLOYDS TSB BANK 4.375% /2009-19/04/2011 2.667.000,00 102,39% EUR 102,39% 111.246,78 2.842.014,75 1.2.3 LSME 1 A Float MTG /2006-21/08/2028 3.138.278,50 97,31% EUR 97,31% 2.612,62 3.056.471,43 1.2.3 LUSI 4 C MTG /2005-15/09/2048 (Call=15/09/2014) 3.308.555,62 75,86% EUR 75,86% 1.367,54 2.511.383,41 1.2.3 LUSITANO 2D MTG /2003-16/11/2046 (Call=16/11/2012) 4.000.000,00 63,29% EUR 63,29% 8.901,00 2.540.625,00 1.2.3 LUSITANO 5 A MTG /2006-15/07/2059 3.192.261,32 86,38% EUR 86,38% 5.413,54 2.762.898,13 1.2.3 MARFIN POPULAR Float /2007-31/05/2010 2.700.000,00 99,43% EUR 99,43% 2.249,78 2.686.859,78 1.2.3 MARLIN 1 B MTG /2004-23/12/2012 224.980,02 85,00% EUR 85,00% 57,09 191.290,11 1.2.3 MARS2 2 A1B Float MTG /2004-20/03/2036 (Call=20/03/2011) 92.583,20 96,87% EUR 96,87% 29,70 89.714,12 1.2.3 MARSB 2006 D MTG /2006-28/08/2014 (Call=28/08/2012) 3.700.000,00 45,00% EUR 45,00% 4.439,69 1.669.439,69 1.2.3 MEDIOBANCA Float /2006-10/02/2021 5.920.000,00 76,70% EUR 76,70% 12.456,67 4.553.096,67 1.2.3 MERRILL LYNCH Float /2006-14/09/2018 7.000.000,00 85,21% EUR 85,21% 3.733,33 5.968.433,33 1.2.3 MERRILL LYNCH LUX CMS 2007-30/01/2017 5.000.000,00 91,10% EUR 91,10% 28.600,00 4.583.600,00 1.2.3 MIDGA 1 A2 Float MTG /2004-23/04/2029 3.000.000,00 94,25% EUR 94,25% 6.781,67 2.834.281,67 1.2.3 MONTE PASHI SIEN Float /2005-30/11/2017 (Call=30/11/2012) 2.200.000,00 93,79% EUR 93,79% 2.135,65 2.065.559,65 1.2.3 MORGAN STANLEY Float /2006-29/11/2013 5.000.000,00 95,01% EUR 95,01% 4.395,42 4.754.995,42 1.2.3 MORGAN STANLEY Float 2006-01/03/2013 1.150.000,00 96,26% EUR 96,26% 946,83 1.107.959,83 1.2.3 NATL AUSTRALIABK 3.5% /2009-23/01/2015 5.000.000,00 101,87% EUR 101,87% 61.369,86 5.154.919,86 1.2.3 NATL BANQUES POP Float /2005-21/01/2016 (Call=21/01/2011) 1.550.000,00 95,25% EUR 95,25% 2.599,48 1.478.974,48 1.2.3 NATL CAPITAL INS Float /2006-29/09/2049 (Call=29/09/2016) 2.650.000,00 73,50% EUR 73,50% 233,35 1.947.850,85 1.2.3 NBOG FUND pp /2003-11/07/2049 (Call=11/07/2013) 2.000.000,00 46,00% EUR 46,00% 10.717,67 930.717,67 1.2.3 NETHERLANDS GOVT 2.75% /2009-15/01/2015 5.000.000,00 102,38% EUR 102,38% 28.253,42 5.147.003,42 1.2.3 NIBCAP Float RAcc 2005-30/11/2015 1.110.000,00 72,67% EUR 72,67% 2.787,52 809.424,52 1.2.3 NOKIA CORP 5.50% /2009-04/02/2014 1.000.000,00 110,52% EUR 110,52% 8.287,67 1.113.437,67 1.2.3 NORDEA BANK AB 3.75% /2010-24/02/2017 6.000.000,00 100,41% EUR 100,41% 21.575,34 6.046.415,34 1.2.3 NORDEA BANK AB 4.5% /2009-12/05/2014 6.500.000,00 106,22% EUR 106,22% 258.842,47 7.163.012,47 1.2.3 OPERA UNI A MTG /2005-15/02/2012 2.185.789,44 87,00% EUR 87,00% 2.383,00 1.904.019,81 1.2.3 PFIZER INC 4.75% /2007-15/12/2014 2.500.000,00 109,07% EUR 109,07% 34.486,30 2.761.186,30 1.2.3 PIRAEUS GRP FIN Float /2005-20/12/2010 400.000,00 98,16% EUR 98,16% 94,30 392.746,30 1.2.3 POLO SECURITIES Float /2002-26/06/2014 1.691.665,99 95,50% EUR 95,50% 6.102,69 1.621.643,71 1.2.3 PREPS 2004-2 B1 MTG /2004-10/12/2012 900.000,00 25,54% EUR 25,54% 6.093,90 235.953,90 1.2.3 PREPS 2004-1 A MTG /2004-12/05/2012 6.901.975,20 88,88% EUR 88,88% 0,00 6.134.475,56 1.2.3 PROCTER & GAMBLE 5.125% /2007-24/10/2017 5.000.000,00 111,48% EUR 111,48% 110.924,66 5.684.824,66 1.2.3 PROLO 4 B Float MTG /2005-05/05/2013 2.000.000,00 94,00% EUR 94,00% 2.535,00 1.882.535,00 1.2.3 RABOBANK 4.375% /2009-05/05/2016 5.000.000,00 107,39% EUR 107,39% 197.773,97 5.567.223,97 1.2.3 RABOBANK 4.375% /2009-22/01/2014 5.000.000,00 107,17% EUR 107,17% 40.753,42 5.399.453,42 1.2.3 RABOBANK 5.875% /2009-20/05/2019 4.000.000,00 113,10% EUR 113,10% 202.808,22 4.726.888,22 1.2.3 RABOBANK Float /2004-21/12/2012 1.000.000,00 104,50% EUR 104,50% 14.301,37 1.059.301,37 1.2.3 RABOBK Float RAcc 2005-07/02/2012 920.000,00 98,94% EUR 98,94% 2.664,19 912.912,19 1.2.3 RBOS 6.5% RAcc 2005-19/05/2020 2.403.000,00 101,77% EUR 101,77% 56.837,63 2.502.370,73 1.2.3 RBS Float - 2005 / 16-11-2015 4.500.000,00 84,06% EUR 84,06% 20.655,00 3.803.175,00 1.2.3 REN REDES ENERGETICAS 6.375 % /2008-10/12/2013 2.000.000,00 111,87% EUR 111,87% 38.773,97 2.276.073,97 1.2.3 RWE FINANCE BV 6.25% /2001-20/04/2016 5.000.000,00 116,25% EUR 116,25% 295.376,71 6.107.776,71 1.2.3 SANPAOLO Float /2006-20/02/2018 (Call=20/02/2013) 5.000.000,00 94,65% EUR 94,65% 4.676,39 4.737.326,39 1.2.3 SANPAOLO IMI (ISPIM) Float /2006-15/03/2013 4.000.000,00 98,72% EUR 98,72% 1.333,33 3.950.093,33 1.2.3 SANTANDER 3.75% /2009-12/06/2012 2.000.000,00 101,90% EUR 101,90% 60.000,00 2.098.060,00

1.2.3 SANTANDER 5.435% /2007-24/10/2017 (Call=24/10/2012) 3.500.000,00 105,05% EUR 105,05% 82.343,97 3.759.058,97 1.2.3 SANTANDER FIN PF /2009-27/07/2049 (Call=27/07/2014) 800.000,00 115,50% EUR 115,50% 56.843,84 980.843,84 1.2.3 SANTANDER INTL 3.5% /2010-10/03/2015 5.000.000,00 101,23% EUR 101,23% 10.068,49 5.071.618,49 1.2.3 SANTANDER INTL 5.125% /2008-11/04/2011 7.000.000,00 103,56% EUR 103,56% 347.938,36 7.597.348,36 1.2.3 SANTANDER INTL 5.625% /2008-14/02/2012 4.000.000,00 106,61% EUR 106,61% 27.739,73 4.292.139,73 1.2.3 SAP AG 3.5% /2010-10/04/2017 1.800.000,00 99,66% EUR 99,66% 0,00 1.793.898,00 1.2.3 SCH FINANCE CMS /2004-30/09/2049 (Call=30/09/2010) 1.500.000,00 67,63% EUR 67,63% 0,00 1.014.375,00 1.2.3 SHELL INTL FIN 3.0% /2009-14/05/2013 2.000.000,00 103,41% EUR 103,41% 52.931,51 2.121.091,51 1.2.3 SIEMENS FINANCE 5.125% /2009-20/02/2017 3.000.000,00 111,04% EUR 111,04% 16.428,08 3.347.718,08 1.2.3 SVENSKA HNDLSBKN 3.75% /2010-24/02/2017 4.000.000,00 100,35% EUR 100,35% 14.383,56 4.028.343,56 1.2.3 SWEDISH EXPORT CREDIT 3.625 2009/27-05-2014 5.000.000,00 103,85% EUR 103,85% 152.945,21 5.345.245,21 1.2.3 TELECOM ITALIA Float /2007-19/07/2013 3.000.000,00 98,71% EUR 98,71% 7.750,83 2.969.020,83 1.2.3 TELEFONICA EMISIONES 4.375% / 2006-02/02/2016 3.000.000,00 104,10% EUR 104,10% 20.496,58 3.143.466,58 1.2.3 TEMPO 1 A MTG /2003-15/11/2049 4.500.000,00 3,95% EUR 3,95% 27.354,38 205.104,38 1.2.3 TMAN 1 A MTG /2005-21/01/2014 509.740,76 90,67% EUR 90,67% 912,52 463.110,27 1.2.3 UNICREDITO CRDIT Float C/F 2005-02/11/2015 1.500.000,00 86,36% EUR 86,36% 8.597,10 1.303.952,10 1.2.3 UNICREDITO ITALIANO 3.95% /2006-01/02/2016 3.900.000,00 99,44% EUR 99,44% 24.479,18 3.902.795,18 1.2.3 UNICREDITO ITALIANO Float /2006-20/09/2016 (Call=20/09/2011) 5.000.000,00 97,16% EUR 97,16% 1.178,75 4.859.178,75 1.2.3 VATTENFALL AB 5.25% /2009-17/03/2016 7.931.000,00 110,51% EUR 110,51% 15.970,64 8.780.122,19 1.2.3 VERBUND INTL FIN 4.75% /2009-17/04/2015 5.000.000,00 106,81% EUR 106,81% 226.438,36 5.566.788,36 1.2.3 VOLKSWAGEN 5.25% /2009-01/04/2011 400.000,00 103,61% EUR 103,61% 20.942,47 435.374,47 1.2.3 VOLKSWAGEN BANK Float /2005-21/12/2015 (Call=21/12/2010) 5.000.000,00 89,00% EUR 89,00% 1.241,25 4.451.241,25 1.2.3 VOLKSWAGEN BANK Float/ 2006-14/03/2016 5.000.000,00 85,00% EUR 85,00% 2.333,33 4.252.333,33 1.2.3 VOLKSWAGEN FIN 3.375% /2010-28/07/2014 3.500.000,00 102,28% EUR 102,28% 20.388,70 3.600.258,70 1.2.3 WESTPAC BANKING 4.25% /2009-22/09/2016 5.000.000,00 103,51% EUR 103,51% 110.616,44 5.285.916,44 1.2.3 WESTPAC BANKING 4.625% /2008-14/03/2011 5.200.000,00 102,94% EUR 102,94% 11.201,37 5.364.289,37 1.2.3 WMT 4.875% /2009-21/09/2029 2.000.000,00 103,81% EUR 103,81% 51.020,55 2.127.280,55 1.2.4 Acções 0,00 92.292.205,95 1.2.4 ACCOR SA 50.740,00 40,96 EUR 40,96 0,00 2.078.310,40 1.2.4 AIR FRANCE-KLM 101.450,00 11,71 EUR 11,71 0,00 1.187.472,25 1.2.4 ARKEMA 31.945,00 27,41 EUR 27,41 0,00 875.612,45 1.2.4 ASTRAZENECA PLC 61.070,00 29,39 GBP 33,03 0,00 2.017.135,65 1.2.4 BALFOUR BEATTY PLC 297.530,00 2,92 GBP 3,28 0,00 977.054,01 1.2.4 BARRAT DEVELOPMENTS 840.320,00 1,24 GBP 1,39 0,00 1.171.046,08 1.2.4 BASF AG 44.655,00 45,92 EUR 45,92 0,00 2.050.557,60 1.2.4 BILFINGER BERGER AG 16.015,00 49,39 EUR 49,39 0,00 791.060,92 1.2.4 BMW AG 60.640,00 34,18 EUR 34,18 0,00 2.072.675,20 1.2.4 BNP PARIBAS 34.565,00 56,86 EUR 56,86 0,00 1.965.365,90 1.2.4 BP PLC 281.965,00 6,23 GBP 7,01 0,00 1.975.466,18 1.2.4 BRITISH AIRWAYS PLC 531.030,00 2,43 GBP 2,73 0,00 1.450.216,79 1.2.4 BRITISH AMERICAN TOBACCO PLC 87.440,00 22,72 GBP 25,53 0,00 2.232.186,56 1.2.4 BSCH - AM 165.525,00 9,84 EUR 9,84 0,00 1.628.766,00 1.2.4 CARILLION PLC 255.680,00 3,27 GBP 3,67 0,00 939.045,00 1.2.4 CARREFOUR SA 55.790,00 35,69 EUR 35,69 0,00 1.990.866,15 1.2.4 CASINO GUICHARD PERRACHON 12.085,00 62,65 EUR 62,65 0,00 757.125,25 1.2.4 CELESIO AG 49.760,00 23,67 EUR 23,67 0,00 1.177.819,20 1.2.4 COMMERZBANK AG 191.975,00 6,34 EUR 6,34 0,00 1.217.313,47 1.2.4 DAIMLERCHRYSLER AG 32.035,00 34,85 EUR 34,85 0,00 1.116.579,92 1.2.4 DANONE SA 45.660,00 44,60 EUR 44,60 0,00 2.036.436,00 1.2.4 DELHAIZE GROUP 16.020,00 59,50 EUR 59,50 0,00 953.190,00 1.2.4 DEUTSCHE LUFTHANSA-REG 101.155,00 12,28 EUR 12,28 0,00 1.242.183,40 1.2.4 DEUTSCHE POST AG-REG 64.010,00 12,85 EUR 12,85 0,00 822.208,45 1.2.4 DIAGEO PLC 166.720,00 11,06 GBP 12,43 0,00 2.072.289,50 1.2.4 E.S. Financial Group 124.435,00 14,80 EUR 14,80 0,00 1.841.638,00 1.2.4 EDP Renováveis SA 650.000,00 5,79 EUR 5,79 0,00 3.760.250,00 1.2.4 EIFFAGE SA 21.890,00 38,30 EUR 38,30 0,00 838.277,55 1.2.4 FIAT SPA 112.560,00 9,64 EUR 9,64 0,00 1.085.078,40 1.2.4 FIRSTGROUP PLC 192.135,00 3,59 GBP 4,03 0,00 775.190,66 1.2.4 FOMENTO DE CONSTRUC Y CONTRA 28.860,00 27,11 EUR 27,11 0,00 782.250,30 1.2.4 HOCHTIEF AG 15.961,00 62,22 EUR 62,22 0,00 993.093,42 1.2.4 HOME RETAIL GROUP 279.750,00 2,71 GBP 3,05 0,00 852.014,50 1.2.4 IMTECH NV 44.505,00 23,71 EUR 23,71 0,00 1.055.213,55 1.2.4 JOHNSON MATTHEY PLC 46.125,00 17,46 GBP 19,62 0,00 905.082,60 1.2.4 KESA ELECTRICALS PLC 506.845,00 1,27 GBP 1,43 0,00 722.843,68 1.2.4 KESKO OYJ-B SHS 39.700,00 29,14 EUR 29,14 0,00 1.156.858,00 1.2.4 KONINKLIJKE AHOLD NV 95.710,00 9,87 EUR 9,87 0,00 944.657,70 1.2.4 KONINKLIJKE BAM GROEP NV 107.380,00 5,76 EUR 5,76 0,00 618.508,80 1.2.4 LONMIN PLC 52.240,00 20,38 GBP 22,90 0,00 1.196.506,18 1.2.4 METRO AG 20.270,00 43,92 EUR 43,92 0,00 890.258,40 1.2.4 MICHAEL PAGE INTERNATIONAL 263.535,00 4,00 GBP 4,50 0,00 1.184.693,19 1.2.4 MONDI PLC 238.485,00 4,64 GBP 5,22 0,00 1.243.885,01 1.2.4 MUENCHENER RUECKVER AG-REG 18.035,00 120,15 EUR 120,15 0,00 2.166.905,25 1.2.4 NATIONAL GRID PLC 257.350,00 6,42 GBP 7,21 0,00 1.855.361,04 1.2.4 NESTE OIL OYJ 91.390,00 12,91 EUR 12,91 0,00 1.179.844,90 1.2.4 NEXANS SA 15.965,00 63,11 EUR 63,11 0,00 1.007.551,15 1.2.4 NORDDEUTSCHE AFFINERIE AG 29.665,00 38,16 EUR 38,16 0,00 1.131.868,08 1.2.4 NUTRECO HOLDING NV 21.755,00 46,65 EUR 46,65 0,00 1.014.870,75 1.2.4 OUTOKUMPU OYJ 79.950,00 16,25 EUR 16,25 0,00 1.299.187,50 1.2.4 PERSIMMON PLC 224.310,00 4,65 GBP 5,23 0,00 1.173.480,61 1.2.4 PEUGEOT SA 48.155,00 21,80 EUR 21,80 0,00 1.049.779,00 1.2.4 Q-CELLS AG 101.600,00 7,36 EUR 7,36 0,00 747.776,00 1.2.4 RAIFFEISEN INTL BANK HOLDING 28.325,00 35,20 EUR 35,20 0,00 997.040,00 1.2.4 RAUTARUUKKI OYJ 68.955,00 16,00 EUR 16,00 0,00 1.103.280,00 1.2.4 RENAULT SA 30.515,00 34,70 EUR 34,70 0,00 1.058.870,50 1.2.4 SAINSBURY (J) PLC 254.765,00 3,28 GBP 3,68 0,00 937.974,98 1.2.4 SIG PLC 670.310,00 1,14 GBP 1,28 0,00 855.779,01 1.2.4 SKANSKA AB-B SHS 71.755,00 131,20 SEK 13,51 0,00 969.192,98 1.2.4 STMICROELECTRONICS NV 175.605,00 7,37 EUR 7,37 0,00 1.294.208,85 1.2.4 SWEDBANK AG 164.865,00 74,10 SEK 7,63 0,00 1.257.682,25 1.2.4 TELEFONICA SA 101.175,00 17,54 EUR 17,54 0,00 1.774.609,50

1.2.4 THOMAS COOK GRP PLC 326.530,00 2,70 GBP 3,03 0,00 990.085,35 1.2.4 THYSSENKRUPP AG 42.710,00 25,46 EUR 25,46 0,00 1.087.183,05 1.2.4 TOTAL SA 42.600,00 42,98 EUR 42,98 0,00 1.830.948,00 1.2.4 TUI AG 143.015,00 8,33 EUR 8,33 0,00 1.190.599,88 1.2.4 TULLOW OIL PLC 79.965,00 12,50 GBP 14,05 0,00 1.123.356,37 1.2.4 UMICORE 36.735,00 25,86 EUR 25,86 0,00 949.783,43 1.2.4 VALEO SA 44.845,00 26,43 EUR 26,43 0,00 1.185.029,13 1.2.4 VEOLIA ENVIRONNEMEM 38.235,00 25,68 EUR 25,68 0,00 981.874,80 1.2.4 VOLVO AB-B SHS 180.955,00 72,65 SEK 7,48 0,00 1.353.413,37 1.2.4 WOLSELEY PLC 60.385,00 15,92 GBP 17,89 0,00 1.080.387,95 1.3 Mercado Cotações Oficiais não UE 18.493,15 21.568.251,30 1.3.3 Obrigações diversas 18.493,15 10.097.093,15 1.3.3 EUROPEAN UNION 3.375% /2010-10/05/2019 10.000.000,00 100,79% EUR 100,79% 18.493,15 10.097.093,15 1.3.4 Acções 0,00 4.244.049,31 1.3.4 CLARIANT AG 104.815,00 13,41 CHF 9,39 0,00 984.567,91 1.3.4 HOLCIM LTD - REG 37.235,00 78,60 CHF 55,06 0,00 2.050.063,74 1.3.4 PETROPLUS HOLDINGS AG 88.135,00 19,59 CHF 13,72 0,00 1.209.417,66 1.3.6 Un.Part. Fundos investimento fechados 0,00 7.227.108,84 1.3.6 SPY STANDARD & POORS TRUST Index Fund 83.260,00 117,00 USD 86,80 0,00 7.227.108,84 2 Valores Não Cotados 1.416.667,34 265.725.860,90 2.1 Valores mobiliários nacionais 39.292,87 15.122.705,82 2.1.3 Obrigações diversas 39.292,87 15.122.705,82 2.1.3 BANCO MAIS SA Float /2007-10/05/2010 4.000.000,00 99,00% EUR 99,00% 23.453,00 3.983.453,00 2.1.3 BESLEASING FACTORING 2005 / 22-08-2012 11.087.600,00 100,32% EUR 100,32% 15.839,87 11.139.252,82 2.2 Valores mobiliários estrangeiros 1.377.374,47 250.603.155,08 2.2.3 Obrigações diversas 1.377.374,47 248.332.956,99 2.2.3 BANK OF IRELAND 4.25% RAcc /2005-02/11/2015 (Call=02/11/2010) 3.000.000,00 88,81% EUR 88,81% 52.416,67 2.716.566,67 2.2.3 BARCLAYS Float / 2005-31/07/2018 8.000.000,00 72,20% EUR 72,20% 0,00 5.776.000,00 2.2.3 BAYER HYPO CMS /1999-02/06/2014 3.000.000,00 99,12% EUR 99,12% 99.333,33 3.072.933,33 2.2.3 BAYER HYPO CMS /1999-05/05/2014 1.800.000,00 95,38% EUR 95,38% 65.000,00 1.781.840,00 2.2.3 BEAR STEARNS Float /2004-01/12/2014 3.000.000,00 99,07% EUR 99,07% 0,00 2.972.100,00 2.2.3 BEAR STEARNS Float /2006-02/05/2016 5.000.000,00 79,49% EUR 79,49% 33.759,73 4.008.259,73 2.2.3 BESPL 5.28% /2001-28/11/2011 1.100.000,00 105,42% EUR 105,42% 19.844,00 1.179.470,60 2.2.3 BOIRO FINANCE BV Float/ 2006-29/03/2011 3.500.000,00 99,96% EUR 99,96% 1.096,38 3.499.706,88 2.2.3 BTAR INVESTMENTS (JERSEY) 2002-23/12/2022 25.800.000,00 69,33% EUR 69,33% 83.420,00 17.970.142,81 2.2.3 CORSAIR CAYMAN ISLANDS 2.60% /2010-27/07/2015 8.500.000,00 100,00% EUR 100,00% 0,00 8.500.000,00 2.2.3 CREDIT SUISSE CMS 99-29/07/2019 1.300.000,00 91,00% EUR 91,00% 43.513,89 1.226.513,89 2.2.3 DRESDNER BANK c/z /98-31/07/2028 23.000.000,00 31,76% EUR 31,76% 0,00 7.304.340,00 2.2.3 EDP FINANCE 2002-23/12/2022 46.723.600,00 153,72% EUR 153,72% 334.973,31 72.159.343,56 2.2.3 EMIDAG 2002-23/12/2022 77.600.000,00 69,33% EUR 69,33% 250.906,67 54.049.731,88 2.2.3 ESPIRITO SANTO INVEST /2005-20/12/2015 (Call=20/12/2010) 3.538.000,00 100,00% EUR 100,00% 966,76 3.538.966,76 2.2.3 IADB 1% /2002-16/12/2014 1.300.000,00 93,22% EUR 93,22% 3.755,56 1.215.589,56 2.2.3 ING BANK NV Var. /1999-19/05/2019 2.000.000,00 75,50% EUR 75,50% 69.260,27 1.579.260,27 2.2.3 MORGAN STANLEY Var (Lnk CPTFEMUY) /2008-14/05/2011 4.700.000,00 101,25% EUR 101,25% 0,00 4.758.750,00 2.2.3 NIB CAPITAL BANK 1ª-5ª Tr. Racc /2005-28/11/2015 12.500.000,00 38,68% EUR 38,68% 204.166,67 5.038.666,67 2.2.3 PARMALAT CAP.FIN.-98 5.000.000,00 0,00% EUR 0,00% 0,00 0,05 2.2.3 PIRAEUS GRP CAP Float /2004-27/10/2049 - (Call=27/10/2014) 1.904.000,00 55,00% EUR 55,00% 6.394,11 1.053.594,11 2.2.3 PREPS 2005-1 B2 MTG /2005-04/08/2014 3.000.000,00 15,20% EUR 15,20% 18.228,00 474.228,00 2.2.3 QBEAU Float /2000-03/08/2020 (Call=03/08/2010) 2.000.000,00 92,53% EUR 92,53% 7.668,89 1.858.248,89 2.2.3 RBS Float C/F 2004-10/08/2010 2.150.000,00 99,01% EUR 99,01% 5.852,78 2.134.632,28 2.2.3 SGA NV 2003-28/02/2018 40.748.000,00 94,82% EUR 94,82% 68.818,84 38.706.072,44 2.2.3 SYDBANK A/S Float /2006-25/04/2049 (Call=25/04/2017) 2.500.000,00 70,00% EUR 70,00% 7.998,61 1.757.998,61 2.2.4 Acções 0,00 2.270.198,09 2.2.4 CANYON PREF SHARES 6.000.000,00 0,51 USD 0,38 0,00 2.270.198,09 3 Un.Part. Instituições Investimento Colectivo 0,00 107.824.756,36 3.1 Fundos Harmonizados 0,00 35.445.994,02 3.1 ES - ACÇÕES AMERICA 309.262,41 7,24 EUR 7,24 0,00 2.238.688,73 3.1 ES - AMERICA G.F.(USD) 56.031,08 127,89 USD 94,88 0,00 5.316.280,75 3.1 ES - BRASIL 1.054.025,88 5,43 EUR 5,43 0,00 5.720.725,46 3.1 ES - EMERGING MARKETS 53.384,49 130,69 EUR 130,69 0,00 6.976.819,00 3.1 FRANK TEMP INV ASIA GR-I EUR H1 62.305,30 17,13 EUR 17,13 0,00 1.067.289,79 3.1 GLOBAL ACTIVE ALLOCATION - I CAP 1.576.447,56 4,95 EUR 4,95 0,00 7.803.415,42 3.1 ISHARES MSCI PACIFIC EX JPN 32.200,00 42,96 USD 31,87 0,00 1.026.271,98 3.1 VANGUARD EMERGING MARKET ETF 169.375,00 42,15 USD 31,27 0,00 5.296.502,89 3.2 Fundos Não Harmonizados 0,00 72.378.762,34 3.2 CARAVELA AGGRESSIVE FUND 119.010,00 116,50 EUR 116,50 0,00 13.864.665,00 3.2 CARAVELA BALANCED FUND 254.846,24 115,82 EUR 115,82 0,00 29.516.290,99 3.2 CARAVELA DEFENSIVE FUND 160.494,73 109,02 EUR 109,02 0,00 17.497.135,23 3.2 GARNHAM FOUNDERS FUND 0,00 0,00 3.2 MARKET VECTORS Gold Miners ETF 349.060,00 44,41 USD 32,95 0,00 11.500.671,12 3.2 PRIMO CAPITAL GROWTH FUND 1/00P 0,00 0,00 3.2 PRIMO CAPITAL GROWTH FUND 12/00P 0,00 0,00 4 Imobiliário 75.550.831,07 4.1 Terrenos e edíficios 75.550.831,07 4.1 AL. D. AFONSO HENRIQUES, 39 1.501.614,29 4.1 AL. GAGO COUTINHO (26) 23.083.117,08 4.1 AV. COLUMBANO BORDALO PINHEIRO, 75 24.556.623,17 4.1 AV. D. CARLOS I, 42 4.731.372,00 4.1 AV. REPUBLICA, 97, 5º 373.419,00 4.1 AV. REPÚBLICA, 97, R/C 524.000,00 4.1 EDIFÍCIO ROSAS (FR. A, L, M), TORRES NOVAS 543.880,00 4.1 ESTRADA S. BRÁS (LOULÉ) 106.740,00 4.1 GOLEGÃ 387.850,00 4.1 MAFRA 360.440,00 4.1 MATOSINHOS 1.062.450,00 4.1 MIRA 311.890,00 4.1 PRAÇA LOURENÇO CARVALHO, ALMEIRIM 104.490,00 4.1 R. 31 DE JANEIRO, 97-103, PORTO 694.678,57 4.1 R. ALEXANDRE HERCULANO, 11, LISBOA 7.218.660,00 4.1 R. D. LUIS NORONHA 188.973,00

4.1 R. TIMOR 31/33/35/37, BRAGA 107.560,00 4.1 RUA BARATA SALGUEIRO, 28 6.402.733,00 4.1 SANTARÉM 830.210,00 4.1 SETÚBAL 219.290,00 4.1 ÓBIDOS 755.130,96 4.1 LEIRIA 1.485.710,00 4.1 BARREIRO 324.410,00 5 Liquidez 33.619,88 49.435.367,46 5.1 À vista 37.719.162,50 5.1.2 Depósitos à ordem 37.719.162,50 5.2 A prazo 33.619,88 11.716.204,96 5.2.1 Depósitos e outros equiparados 33.619,88 11.716.204,96 8 Outros Valores a Regularizar 2.296.647,38 8.1 Valores Activos 8.232.369,65 8.2 Valores Passivos -5.935.722,27 Parte II - Valores Extrapatrimoniais -2.150.943,07 9 Operações com produtos derivados -2.150.943,07 9.2 Fora de mercado regulamentado -2.150.943,07 9.2.1 Forwards -1.430.072,57 9.2.2 Swaps -1.826.830,67 9.2.4 Opções 1.048.596,24 9.2.5 Outros 57.363,93

BES-Vida. Companhia de Seguros. S.A. do Fundo: PPR Investimento 2009 Cotação Juro Decorrido Montante Global Parte I - Valores Patrimoniais 173.722.655,65 1 Valores Mobiliários Cotados 3.718.676,64 164.879.388,44 1.1 Mercado Cotações Oficiais Portugal 489.307,77 25.158.102,38 1.1.1 Títulos de dívida pública 268.095,21 10.734.245,21 1.1.1 PGB 5.45% /1998-23/09/2013 9.500.000,00 110,17% EUR 110,17% 268.095,21 10.734.245,21 1.1.3 Obrigações diversas 221.212,56 14.423.857,17 1.1.3 BANCO BPI 5.75% /2008-05/08/2010 1.350.000,00 100,97% EUR 100,97% 50.615,75 1.413.710,75 1.1.3 BANCO ESPIRITO SANTO 5.625% /2009-05/06/2014 1.850.000,00 105,86% EUR 105,86% 85.245,72 2.043.579,69 1.1.3 BANIF SGPS SA 3.25% /2009-08/05/2012 1.500.000,00 101,88% EUR 101,88% 43.674,66 1.571.814,66 1.1.3 BCPPL 3.625% /2009-19/01/2012 2.000.000,00 102,67% EUR 102,67% 14.102,74 2.067.502,74 1.1.3 BESLEASING FACTORING 2005 / 22-08-2011 2.405.550,00 100,31% EUR 100,31% 3.399,51 2.416.291,25 1.1.3 BESLEASING FACTORING Float /2004-22/09/2014 400.000,00 99,25% EUR 99,25% 170,10 397.187,30 1.1.3 BESNN 4.375% /2008-25/01/2011 150.000,00 101,50% EUR 101,50% 1.168,66 153.411,16 1.1.3 BESNN Float/ 2007-26/06/2014 2.000.000,00 92,95% EUR 92,95% 218,33 1.859.238,33 1.1.3 PORTUCEL Float /2005-27/10/2012 2.479.000,00 99,98% EUR 99,98% 22.617,09 2.501.121,29 1.2 Mercado Cotações Oficiais UE 3.229.368,87 139.721.286,06 1.2.1 Títulos de dívida pública 8.812,05 6.689.472,05 1.2.1 GGB 4.3% /2009-20/03/2012 6.800.000,00 98,25% EUR 98,25% 8.812,05 6.689.472,05 1.2.3 Obrigações diversas 3.220.556,82 133.031.814,01 1.2.3 AEGON GLOBAL (AGIM) 4.25% /2007-23/01/2012 2.000.000,00 102,78% EUR 102,78% 15.602,74 2.071.162,74 1.2.3 AEGON NV 7% /2009-29/04/2012 500.000,00 108,77% EUR 108,77% 32.219,18 576.044,18 1.2.3 AIFP 6.125% /2008-28/11/2012 500.000,00 110,58% EUR 110,58% 10.320,21 563.200,21 1.2.3 ALLIANCE & LEICESTER SANTANDER Float /2005-21/09/2010 800.000,00 99,97% EUR 99,97% 143,60 799.887,60 1.2.3 AUST & NZ BANKING GROUP 2.625% /2009-16/11/2012 2.500.000,00 101,46% EUR 101,46% 24.272,26 2.560.847,26 1.2.3 B.C.P. FINANCE 6.25% /2001-29/03/2011 1.256.000,00 102,72% EUR 102,72% 430,14 1.290.605,90 1.2.3 BANCO PASTOR 6% /2008-21/06/2010 1.500.000,00 100,44% EUR 100,44% 69.534,25 1.576.134,25 1.2.3 BANCO SABADELL 4.375% /2009-22/05/2012 3.900.000,00 103,69% EUR 103,69% 146.316,78 4.190.109,78 1.2.3 BANCO SABADELL 4.5% /2003-29/04/2013 1.500.000,00 105,10% EUR 105,10% 62.136,99 1.638.561,99 1.2.3 BANESTO FINANCIAL 4.0% /2009-08/05/2012 1.500.000,00 103,56% EUR 103,56% 53.753,42 1.607.168,42 1.2.3 BANK OF MONTREAL 4.25% /2008-23/01/2013 1.000.000,00 105,69% EUR 105,69% 7.801,37 1.064.651,37 1.2.3 BANQUE POPULAIRE CAISSE Float /2010-20/07/2012 1.500.000,00 99,87% EUR 99,87% 3.287,08 1.501.262,08 1.2.3 BANQUE PSA FIN (PEUGOT) Float /2005-07/12/2010 750.000,00 99,51% EUR 99,51% 385,25 746.740,25 1.2.3 BARCLAYS BK PLC 5.75% /2001-08/03/2011 2.323.000,00 103,13% EUR 103,13% 8.416,90 2.404.080,34 1.2.3 BASF SE 3.75% /2009-08/10/2012 1.200.000,00 104,78% EUR 104,78% 21.452,05 1.278.752,05 1.2.3 BBVA SENIOR FIN 3.625% /2009-14/05/2012 2.000.000,00 103,29% EUR 103,29% 63.760,27 2.129.520,27 1.2.3 BCPPL 2.375% /2010-18/01/2012 1.500.000,00 99,09% EUR 99,09% 7.027,40 1.493.407,40 1.2.3 BES FINANCE 6.25% /2001-17/05/2011 6.079.000,00 103,23% EUR 103,23% 331.014,04 6.606.365,74 1.2.3 BMW FINANCE NV 5.25% /2009-04/02/2011 500.000,00 103,17% EUR 103,17% 3.955,48 519.795,48 1.2.3 BMW FINANCE NV 6.125% /2009-02/04/2012 2.000.000,00 107,99% EUR 107,99% 132.232,88 2.291.952,88 1.2.3 BMW US CAPITAL LLC 6.375% 2009-23/07/2012 404.000,00 109,28% EUR 109,28% 17.710,97 459.206,21 1.2.3 BSCH ISSUANCES 6% /2001-14/03/2011 800.000,00 103,49% EUR 103,49% 2.235,62 830.187,62 1.2.3 CBA 5.875% /2008-29/07/2011 1.200.000,00 105,92% EUR 105,92% 47.321,92 1.318.385,92 1.2.3 CIMPOR FIN OPS 4,5% 2004-27/05/2011 1.590.000,00 101,62% EUR 101,62% 60.376,44 1.676.083,40 1.2.3 CITIGROUP INC Float /2006-12/01/2012 1.850.000,00 97,80% EUR 97,80% 3.170,59 1.812.489,09 1.2.3 CREDIT AGRICOLE 4.875% /2008-08/04/2011 500.000,00 103,65% EUR 103,65% 23.840,75 542.090,75 1.2.3 CREDIT AGRICOLE 5.1% /2001-30/01/2012 1.000.000,00 104,11% EUR 104,11% 8.383,56 1.049.443,56 1.2.3 CREDIT AGRICOLE 6.0% /2008-24/06/2013 500.000,00 111,62% EUR 111,62% 23.013,70 581.113,70 1.2.3 CREDIT SUISSE 6.375% /2001-07/06/2013 1.500.000,00 109,64% EUR 109,64% 77.809,93 1.722.424,93 1.2.3 CREDIT SUISSE LD 5.125% /2008-04/04/2011 1.200.000,00 103,74% EUR 103,74% 60.826,03 1.305.658,03 1.2.3 CREDIT SUISSE LD 5.125% /2009-30/03/2012 1.000.000,00 106,29% EUR 106,29% 140,41 1.063.000,41 1.2.3 CS GRP FIN (US) 6.625% /2000-05-10-2010 1.655.000,00 102,38% EUR 102,38% 53.169,71 1.747.608,36 1.2.3 E.ON INTL FINANCE 4.875% /2009-28/01/2014 500.000,00 108,47% EUR 108,47% 4.140,41 546.490,41 1.2.3 ELEC DE FRANCE 5% /2008-30/05/2014 700.000,00 109,67% EUR 109,67% 29.246,58 796.929,58 1.2.3 ESF 4.5% /2009-31/05/2011 2.000.000,00 100,45% EUR 100,45% 75.698,63 2.084.698,63 1.2.3 FRANCE TELECOM 5% - 2009 / 22-01-2014 500.000,00 108,84% EUR 108,84% 4.657,53 548.872,53 1.2.3 HBOS Float /2006-05/07/2011 1.670.000,00 98,49% EUR 98,49% 2.957,29 1.647.790,39 1.2.3 IBERDROLA FIN SA 5.125% /2008-09/05/2013 2.000.000,00 108,04% EUR 108,04% 91.547,95 2.252.267,95 1.2.3 INTESA SANPAOLO 5% /2008-28/04/2011 2.000.000,00 103,72% EUR 103,72% 92.328,77 2.166.668,77 1.2.3 IRISH 5% /2002-18/04/2013 9.000.000,00 107,83% EUR 107,83% 427.808,22 10.132.058,22 1.2.3 JOHN DEERE CAPITAL CORP 7.5% /2009-24/01/2014 1.500.000,00 116,69% EUR 116,69% 20.342,47 1.770.647,47 1.2.3 KBC IFIMA NV Float /2010-20/01/2012 2.200.000,00 99,70% EUR 99,70% 6.104,39 2.199.570,39 1.2.3 KBC IFIMA NV Float/ 2006-01/02/2011 1.600.000,00 97,64% EUR 97,64% 1.933,33 1.564.157,33 1.2.3 KFW Var /2006-21/02/2011 309.000,00 99,98% EUR 99,98% 723,82 309.649,66 1.2.3 LLOYDS TSB BANK PLC 4.75% /1999-18/03//2011 2.500.000,00 101,78% EUR 101,78% 4.229,45 2.548.629,45 1.2.3 NATL AUSTRALIABK (NAB) 4,75% /2008-04/03/2011 1.500.000,00 103,05% EUR 103,05% 5.270,55 1.550.975,55 1.2.3 NGGLN 4.125% /2006-21/03/2013 650.000,00 104,43% EUR 104,43% 734,59 679.497,09 1.2.3 NOKIA CORP 5.50% /2009-04/02/2014 1.500.000,00 110,52% EUR 110,52% 12.431,51 1.670.156,51 1.2.3 NORDEA BANK AB 4.5% /2009-12/05/2014 1.000.000,00 106,22% EUR 106,22% 39.821,92 1.102.001,92 1.2.3 PFIZER INC 3.625% /2009-03/06/2013 1.750.000,00 104,58% EUR 104,58% 52.314,21 1.882.516,71 1.2.3 PFIZER INC 4.75% /2007-15/12/2014 2.000.000,00 109,07% EUR 109,07% 27.589,04 2.208.949,04 1.2.3 PHILIP MORRIS IN PM 4.25% /2009-23/03/2012 1.500.000,00 104,56% EUR 104,56% 1.397,26 1.569.812,26 1.2.3 REN REDES ENERGETICAS 6.375 % /2008-10/12/2013 2.600.000,00 111,87% EUR 111,87% 50.406,16 2.958.896,16 1.2.3 ROCHE HLDGS INC 4.625% /2009-04/03/2013 1.000.000,00 107,17% EUR 107,17% 3.421,23 1.075.161,23

1.2.3 ROYAL BK CANADA 4.5% /2007-05/11/2012 1.000.000,00 106,40% EUR 106,40% 18.000,00 1.081.960,00 1.2.3 RWE FINANCE BV 6.125% /2002-26/10/2012 1.000.000,00 110,43% EUR 110,43% 26.178,08 1.130.478,08 1.2.3 SANTANDER 3.75% /2009-12/06/2012 2.300.000,00 101,90% EUR 101,90% 69.000,00 2.412.769,00 1.2.3 SHELL INTL FIN 3.0% /2009-14/05/2013 2.000.000,00 103,41% EUR 103,41% 52.931,51 2.121.091,51 1.2.3 SKANDINAVISKA ENSKIL 4.375% /2009-29/05/2012 8.500.000,00 103,99% EUR 103,99% 311.763,70 9.150.488,70 1.2.3 TESCO PLC 5.625 % /2008-12/09/2012 1.000.000,00 108,62% EUR 108,62% 30.821,92 1.117.051,92 1.2.3 TOTAL CAPITAL Float /2006-12/09/2011 5.000.000,00 99,79% EUR 99,79% 1.823,47 4.991.173,47 1.2.3 TOYOTA MTR CRED 5.25% /2009-03/02/2012 4.000.000,00 106,04% EUR 106,04% 32.219,18 4.273.899,18 1.2.3 UBS AG JERSEY 4.625 % /2007-07/06/2010 1.000.000,00 100,62% EUR 100,62% 37.633,56 1.043.873,56 1.2.3 UBS AG LONDON 4.625% /2009-06/07/2012 2.000.000,00 104,83% EUR 104,83% 67.917,81 2.164.597,81 1.2.3 VATTENFALL TREAS 5.75% /2008-05/12/2013 2.000.000,00 111,35% EUR 111,35% 36.547,95 2.263.627,95 1.2.3 VERIZON WIRELESS VZW 7.625% /2008-19/12/2011 400.000,00 109,64% EUR 109,64% 8.523,29 447.095,29 1.2.3 VODAFONE GROUP 6.875% /2008-04/12/2013 400.000,00 114,87% EUR 114,87% 8.815,07 468.287,07 1.2.3 VOLKSWAGEN 5.25% /2009-01/04/2011 2.000.000,00 103,61% EUR 103,61% 104.712,33 2.176.872,33 1.2.3 VOLKSWAGEN INTL FIN 5.625% /2009-09/02/2012 2.100.000,00 106,53% EUR 106,53% 16.181,51 2.253.353,51 1.2.3 ZURICH FINANCE 4.875% /2009-14/04/2012 1.500.000,00 105,37% EUR 105,37% 70.320,21 1.650.855,21 2 Valores Não Cotados 105.560,54 4.880.136,19 2.2 Valores mobiliários estrangeiros 105.560,54 4.880.136,19 2.2.3 Obrigações diversas 105.560,54 4.880.136,19 2.2.3 BESPL 5.28% /2001-28/11/2011 3.900.000,00 105,42% EUR 105,42% 70.356,00 4.181.759,40 2.2.3 STINGRAY LIMITED 6.31% /2001-26/05/2012 650.000,00 102,03% EUR 102,03% 35.204,54 698.376,79 5 Liquidez 4.030.536,63 5.1 À vista 4.030.536,63 5.1.2 Depósitos à ordem 4.030.536,63 8 Outros Valores a Regularizar -67.405,61 8.1 Valores Activos 34,01 8.2 Valores Passivos -67.439,62

BES-Vida. Companhia de Seguros. S.A. do Fundo: PPR Super Investimento 2009 Cotação Juro Decorrido Montante Global Parte I - Valores Patrimoniais 480.797.587,11 1 Valores Mobiliários Cotados 10.999.773,45 476.253.524,02 1.1 Mercado Cotações Oficiais Portugal 2.308.685,33 80.971.169,33 1.1.1 Títulos de dívida pública 857.890,41 29.249.790,41 1.1.1 PGB 4.75% /2009-14/06/2019 22.000.000,00 105,27% EUR 105,27% 830.273,97 23.989.673,97 1.1.1 PGB 4.8% /2010-15/06/2020 5.000.000,00 104,65% EUR 104,65% 27.616,44 5.260.116,44 1.1.3 Obrigações diversas 1.450.794,92 51.721.378,92 1.1.3 BANCO ESPIRITO SANTO 5.625% /2009-05/06/2014 20.000.000,00 105,86% EUR 105,86% 921.575,34 22.092.753,34 1.1.3 BCPPL 3.75% /2009-08/10/2016 9.900.000,00 97,14% EUR 97,14% 176.979,45 9.793.839,45 1.1.3 BCPPL 4.75% /2007-22/06/2017 4.000.000,00 101,77% EUR 101,77% 146.794,52 4.217.514,52 1.1.3 BRISA 4.5% /2006-05/12/2016 1.100.000,00 100,50% EUR 100,50% 15.731,51 1.121.198,51 1.1.3 CAIXA GERAL DEPO 3.875% /2006-06/12/2016 5.800.000,00 100,70% EUR 100,70% 70.811,64 5.911.295,64 1.1.3 CAMFER 4.17% /2009-16/10/2019 2.000.000,00 96,35% EUR 96,35% 37.929,86 1.964.929,86 1.1.3 METRO DE LISBOA 5.75% /2009-04/02/2019 1.000.000,00 105,53% EUR 105,53% 8.664,38 1.063.994,38 1.1.3 REFER 4.25% - 2006 / 13-12-2021 5.750.000,00 95,37% EUR 95,37% 72.308,22 5.555.853,22 1.2 Mercado Cotações Oficiais UE 8.691.088,12 395.282.354,69 1.2.1 Títulos de dívida pública 2.418.005,50 120.137.830,50 1.2.1 BTPS 4.25% /2009-01/03/2020 2.500.000,00 103,37% EUR 103,37% 8.732,88 2.592.982,88 1.2.1 BTPS 4.25% /2009-01/09/2019 17.500.000,00 104,18% EUR 104,18% 61.130,14 18.291.755,14 1.2.1 DBR 3.5% /2009-04/07/2019 2.000.000,00 103,58% EUR 103,58% 60.027,40 2.131.527,40 1.2.1 DBR 3.75% /2008-04/01/2019 4.000.000,00 105,75% EUR 105,75% 35.342,47 4.265.142,47 1.2.1 FRTR 4.25% /2007-25/10/2017 20.500.000,00 108,54% EUR 108,54% 374.756,85 22.625.456,85 1.2.1 FRTR 4.25% /2007-25/10/2018 19.500.000,00 108,11% EUR 108,11% 356.476,03 21.437.926,03 1.2.1 GGB 4.6% /2008-20/07/2018 13.000.000,00 88,42% EUR 88,42% 416.142,47 11.910.742,47 1.2.1 GGB 6.0% /2009-19/07/2019 11.500.000,00 96,54% EUR 96,54% 727.808,22 11.829.908,22 1.2.1 IRISH GOVT 4.5 % /2007-18/10/2018 14.000.000,00 102,67% EUR 102,67% 283.068,49 14.656.868,49 1.2.1 IRISH GOVT 5.0% /2010-18/10/2020 10.000.000,00 103,01% EUR 103,01% 94.520,55 10.395.520,55 1.2.3 Obrigações diversas 6.273.082,62 275.144.524,19 1.2.3 ALLIANZ FINANCE 4.75% /2009-22/07/2019 4.000.000,00 106,53% EUR 106,53% 131.178,08 4.392.378,08 1.2.3 ATLANTIA 5.625% /2009-06/05/2016 3.500.000,00 109,13% EUR 109,13% 177.457,19 3.997.112,19 1.2.3 BANCO BILBAO VIZ 3.625% /2010-18/01/2017 3.000.000,00 99,95% EUR 99,95% 21.452,05 3.019.952,05 1.2.3 BANCO BPI 3.25% /2010-15/01/2015 8.000.000,00 99,33% EUR 99,33% 53.424,66 7.999.824,66 1.2.3 BARCLAYS BANK PLC 4% /2009-07/10/2019 4.000.000,00 101,04% EUR 101,04% 76.712,33 4.118.312,33 1.2.3 BARCLAYS BK PLC 4.0% /2010-20/01/2017 2.500.000,00 100,51% EUR 100,51% 19.178,08 2.532.003,08 1.2.3 BARCLAYS BK PLC 4.875% /2009-13/08/2019 5.000.000,00 103,17% EUR 103,17% 153.595,89 5.311.845,89 1.2.3 BASF SE 4.25% /2009-14/10/2016 3.000.000,00 105,00% EUR 105,00% 90.821,92 3.240.821,92 1.2.3 BAT INTL FINANCE 5,375% /2007-29/06/2017 3.000.000,00 110,20% EUR 110,20% 15.020,55 3.320.870,55 1.2.3 BEI 8% 1996-10/11/2016 1.591.664,09 128,73% EUR 128,73% 59.775,83 2.108.645,43 1.2.3 BMW FINANCE NV 3.875% /2010-18/01/2017 5.000.000,00 100,81% EUR 100,81% 38.219,18 5.078.769,18 1.2.3 CIE FIN FONCIER 4.5% /2003-16/05/2018 4.000.000,00 106,83% EUR 106,83% 157.315,07 4.430.515,07 1.2.3 COM BK AUTRALIA (CBA) 4.25% /2009-10/11/2016 2.500.000,00 104,03% EUR 104,03% 41.044,52 2.641.669,52 1.2.3 COMMERZBANK AG 3.875% /2010-22/03/2017 1.500.000,00 99,56% EUR 99,56% 1.433,22 1.494.773,22 1.2.3 CREDIT AGRICOLE 5.875% /2009-11/06/2019 25.000.000,00 111,56% EUR 111,56% 1.179.023,97 29.068.523,97 1.2.3 CREDIT AGRICOLE 5.971% /2008-01/02/2018 2.000.000,00 112,00% EUR 112,00% 18.976,33 2.258.956,33 1.2.3 CREDIT SUISSE LD 3.875% /2010-25/01/2017 3.000.000,00 100,60% EUR 100,60% 20.702,05 3.038.612,05 1.2.3 CREDIT SUISSE LD 4.75% /2009-05/08/2019 2.700.000,00 104,15% EUR 104,15% 83.626,03 2.895.595,03 1.2.3 DAIMLER AG 4.125% /2010-19/01/2017 1.000.000,00 101,79% EUR 101,79% 8.023,97 1.025.953,97 1.2.3 DEUTSCH BAHN FIN BV 4.375% 2009/23-09-2021 5.000.000,00 103,41% EUR 103,41% 113.270,55 5.283.870,55 1.2.3 DEUTSCHE BAHN FIN BV 3.625% /2009-16/10/2017 3.000.000,00 102,25% EUR 102,25% 49.458,90 3.116.928,90 1.2.3 DEUTSCHE FIN. CMS 99-04/06/2019 1.700.000,00 84,60% EUR 84,60% 55.890,41 1.494.005,41 1.2.3 DEXIA MUNICIPAL 3.5% /2009-16/09/2016 3.000.000,00 101,67% EUR 101,67% 56.383,56 3.106.363,56 1.2.3 EDF 5.125% /2008-12/09/2018 2.100.000,00 110,01% EUR 110,01% 58.972,60 2.369.203,60 1.2.3 ELEC DE FRANCE 5% 2008/05-02-2018 2.000.000,00 109,15% EUR 109,15% 14.794,52 2.197.834,52 1.2.3 ELEC DE FRANCE 5.375% /2008-29/05/2020 2.000.000,00 112,01% EUR 112,01% 90.123,29 2.330.323,29 1.2.3 ENI SPA 4.125% 2009/16-09-2019 6.000.000,00 102,65% EUR 102,65% 134.260,27 6.293.080,27 1.2.3 ERICSSON LM 5.375% /2007-27/06/2017 1.000.000,00 107,43% EUR 107,43% 40.791,10 1.115.091,10 1.2.3 ESPIRITO SANTO FIN GRP 6.875% /2009-21/10/2019 10.000.000,00 104,30% EUR 104,30% 303.253,42 10.733.103,42 1.2.3 EUROPEAN INVT BK 3.875% /2005-09/03/2020 (Call=09-03-2010) 1.650.000,00 99,25% EUR 99,25% 3.853,77 1.641.478,77 1.2.3 EUROPEAN INVT BK 4.25% /2009-15/04/2019 4.000.000,00 106,96% EUR 106,96% 192.356,16 4.470.916,16 1.2.3 FORTUM OYJ 6% /2009-20/03/2019 2.000.000,00 115,63% EUR 115,63% 3.616,44 2.316.236,44 1.2.3 GDF SUEZ 6.875% /2008-24/01/2019 1.000.000,00 123,54% EUR 123,54% 12.431,51 1.247.831,51 1.2.3 GIE SUEZ ALLIANCE 5.75% /2003-24/06/2023 1.000.000,00 116,57% EUR 116,57% 44.109,59 1.209.819,59 1.2.3 GLAXOSMITHKLINE (GSK) 5.625% /2007-23/12/2017 2.000.000,00 113,82% EUR 113,82% 33.287,67 2.309.587,67 1.2.3 GLAXOSMITHKLINE 3.875% /2009-06/07/2015 2.000.000,00 104,19% EUR 104,19% 56.904,11 2.140.664,11 1.2.3 GOLDMAN SACHS GP 4.5% /2007-30/01/2017 4.000.000,00 100,49% EUR 100,49% 29.589,04 4.049.149,04 1.2.3 HSBC HOLDINGS PLC 6% /2009-10/06/2019 2.000.000,00 110,64% EUR 110,64% 96.657,53 2.309.377,53 1.2.3 IBERDROLA 5.625% /2008-09/05/2018 2.000.000,00 112,27% EUR 112,27% 100.479,45 2.345.839,45 1.2.3 IBRD c/z /1998-26/03/2018 4.131.655,19 75,38% EUR 75,38% 0,00 3.114.400,37 1.2.3 INTESA SANPAOLO (ISPIM) 3.75% /2009-23/11/2016 4.000.000,00 101,60% EUR 101,60% 52.602,74 4.116.602,74 1.2.3 INTL FIN BV 6.375% 2002/29-05-2017 2.500.000,00 119,01% EUR 119,01% 133.613,01 3.108.788,01 1.2.3 JOHNSON & JOHNSON 4.75% /2007-06/11/2019 7.000.000,00 109,66% EUR 109,66% 132.089,04 7.808.569,04 1.2.3 KFW Step Cpn /2005-16/06/2020 (Call=16/06/2010) 4.000.000,00 97,45% EUR 97,45% 113.600,00 4.011.440,00 1.2.3 LLOYDS TSB BANK 6.375% /2009-17/06/2016 3.000.000,00 108,44% EUR 108,44% 149.332,19 3.402.652,19 1.2.3 LLOYDS TSB BANK PLC 5.375% 2009/03-09-2019 2.000.000,00 101,05% EUR 101,05% 61.554,79 2.082.574,79 1.2.3 NATL AUSTRALIA BK 4.75% /2009-15/07/2016 4.000.000,00 106,43% EUR 106,43% 134.821,92 4.391.861,92 1.2.3 NATL AUSTRALIABK 3.5% /2009-23/01/2015 4.000.000,00 101,87% EUR 101,87% 49.095,89 4.123.935,89 1.2.3 NOKIA CORP 6.75% /2009-04/02/2019 1.000.000,00 119,55% EUR 119,55% 10.171,23 1.205.711,23 1.2.3 NOVARTIS FINANCE 4.25% /2009-15/06/2016 2.000.000,00 106,88% EUR 106,88% 67.301,37 2.204.821,37 1.2.3 NYSE EURONEXT 5.375% /2008-30/06/2015 1.500.000,00 108,14% EUR 108,14% 60.523,97 1.682.683,97