Cancellation of the registry of ESFCOE

NOTICE N.º 0703/06

We hereby inform that, on 31^th July, 2006, the issue of ordinary bonds "Espírito Santo Financial (Portugal) /2001", registered in the Securities Central under the code ESFCOE, shall be cancelled, due to its total redemption taking place on that date.

INTERBOLSA, 19^th July, 2006