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Conversion into definite securities of ASC8AM--R to ASC AM

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06/0110

NOTICE N.º 0110/06

We hereby inform that the shares representing the increase of the share capital from 20.000.000,00 to 30.000.000,00 EUR of BANIF - Banco de Investimento, S.A., registered under the code ASC8AM--R, took the code ASC AM.

Also, we inform that, on the same date, as a result of having become fungible, the shares registered under the code ASC9AM, took the code ASC AM.

INTERBOLSA, 2nd February, 2006