Conversion into definite securities of PTIEOE--R to PTIEOE

NOTICE N.º 0334/06

We hereby inform that the bonds representing the debenture loan "Portucel/2005 - 2008", registered under the code PTIEOE--R, took on 6^th April, 2006, the code PTIEOE.

INTERBOLSA, 6^th April, 2006