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Government Debt' Auction

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06/0585

NOTICE N.º 0585/06

We hereby inform that, on 15th June, 2006, 100.000.000.000 bonds representing direct Public Debt were registered, regarding the loan "OT 3,20% 15 Abril 2011", which auction took place on 14th June, 2006, under the code OTE4OE. These bonds are fungible with 507.000.000.000 bonds already issued (total amount in circulation: 607.000.000.000).

INTERBOLSA, 16th June, 2006