RESULTS

 Historical Dividend

JANUARY 2018

88.00% 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 interim dividend for the fiscal year 2017.

Iberdrola issues 120.9 million new shares, which entails a 1.91% increase of the share capital.

The other 12.00% of the company's share capital have elected to receive their compensation in cash. Iberdrola pays a total of 106.12 million euros for the acquisition of the rights at the fixed price guaranteed by Iberdrola of 0.140 euros per right (subject to 19% withholding tax).

Results Summary
RESULTS SUMMARY JANUARY 2018 (ACCOUNT 2017)
CHOSE SHARES 88.00%
NEW SHARES ISSUED 120,859,000 (1.91%)
CHOSE CASH 12.00%
GROSS PRICE PER RIGHT(*) Nota 0.140€

(*) Nota Fixed price guaranteed by Iberdrola.