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Registry of BERBXE

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06/0447

NOTICE N.º 0447/06

We hereby inform that, on 10th May, 2006, 99.920 cash bonds with a nominal value of 50,00 EUR, of Banco Espírito Santo, S.A. were registered, regarding the loan "BES - Crescimento Japão Plus - Abril/2006", under the code BERBXE.

INTERBOLSA, 11th May, 2006