Conversion of provisory certificates from CPN9AE--R and to CPN9AE

Date

27/04/2006

Notice Number

06/0404

NOTICE N.º 0404/06

We hereby inform that the 5.000.000 shares representing the increase of the share capital from 13.500.000,00 to 18.500.000,00 EUR, of CIPAN - Companhia Industrial Produtora de Antibióticos, S.A., registered under the codes CPN9AE--R and CPN8AE-R-, took, on 25^th April, 2006, the code CPN9AE.

INTERBOLSA, 27^th April, 2006