RESULTS

 Historical Dividend

JULY 2017

58.38% of Iberdrola share capital has elected to receive free Iberdrola shares with no tax withheld on the remuneration system called Scrip Dividend: "Iberdrola Dividendo Flexible", which has been implemented on the occasion of payment of the final dividend for the fiscal year 2016.

Iberdrola issues 77.5 million new shares, which entails a 1.242% increase of the share capital.

The other 41.62% of the company's share capital have elected to receive their compensation in cash. Iberdrola pays a total of 381.73 million euros for the acquisition of the rights at the fixed price guaranteed by Iberdrola of 0.147 euros per right (subject to 19% withholding tax).

Results Summary
RESULTS SUMMARY JULY 2017 (FINAL 2016)
CHOSE SHARES 58.38%
NEW SHARES ISSUED 77,515,000 (1.242%)
CHOSE CASH 41.62%
GROSS PRICE PER RIGHT(*) Nota 0.147€

(*) Nota Fixed price guaranteed by Iberdrola.