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Consolidated Financial Statements 1st Semester 2009 - Sonae Sierra

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Statement under the terms of Article 245, paragraph 1, c) of the<br />

Securities code<br />

The signatories individually declare that, to their knowledge, the Management Report, the <strong>Consolidated</strong> and<br />

Individual <strong>Financial</strong> <strong>Statements</strong> and other accounting documents required by law or regulation were<br />

prepared meeting the standards of the applicable International <strong>Financial</strong> Reporting Standards, giving a<br />

truthful and appropriate image, in all material respects, of the assets and liabilities, financial position and the<br />

consolidated and individual results of the issuer and that the management Report faithfully describes the<br />

business evolution and position of the issuer and of the companies included in the consolidation perimeter<br />

and contains a description of the major risks and uncertainties that they face.<br />

Maia, 20 August <strong>2009</strong><br />

The Board of Directors<br />

SONAE SIERRA CONSOLIDATED ACCOUNTS JUNE <strong>2009</strong> 1/1

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