Conversion into definite securities of UFICOE--R to UFICOE

NOTICE N.º 0519/06

We hereby inform that the bonds representing the debenture loan "Urfic/2006 - 1ª Emissão", registered under the code UFICOE--R, took on 30^th May, 2006, the code UFICOE.

INTERBOLSA, 31^th May, 2006