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Cancellation of registry of warrants issued by Banco Santander de Negócios Portugal, S.A.

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06/0440

NOTICE N.º 0440/06

We hereby inform that, as a result of the existence of the conditions for the anticipated loss of the rights inherent to structured warrants issued by Banco Santander de Negócios Portugal, S.A., one has cancelled the registry of the following issues, on 10th May, 2006:

Code Name
BS1CWE W. estruturados sobre IBEX - Put - 12.000 - 16.06.2006

INTERBOLSA, 11th May, 2006