Cancellation of equity of OTEWOE

Date

24/01/2006

Notice Number

06/0065

NOTICE N.º 0065/06

We hereby inform that, on 24^th January, 2006 and by indication of the Issuer, one has cancelled the 40.000.000.000 ordinary bonds, regarding the issue "OT 3% Julho 2006", registered in the Securities Central under code OTEWOE (total amount in circulation: 482.148.200.000).

INTERBOLSA, 24^th January, 2006