Cancellation of equity of OTEWOE

Date

20/04/2006

Notice Number

06/0370

NOTICE N.º 0370/06

We hereby inform that, on 19^th April, 2006 and by indication of the Issuer, one has cancelled the 3.200.000.000 ordinary bonds, regarding the issue "OT 3% Julho 2006", registered in the Securities Central under code OTEWOE (total amount in circulation: 367.148.200.000).

INTERBOLSA, 20^th April, 2006