Cancellation of equity of PEPEOE

Date

22/05/2006

Notice Number

06/0489

NOTICE N.º 0489/06

We hereby inform that, on 19^th May, 2006 and by indication of the Issuer, one has cancelled the 72.547.805 ordinary bonds, regarding the issue "Parque Expo' 98/97 - 2ª Emissão", registered in the Securities Central under code PEPEOE (total amount in circulation: 19.681.783.717).

INTERBOLSA, 22^th May, 2006