Decrease of the share capital of HIP AE

Date

07/08/2006

Notice Number

06/0771

NOTICE N.º 0771/06

We hereby inform that, on 4^th August, 2006, the share capital of HIDROPROJECTO - Engenharia e Gestão, S.A. was reduced from 3.751.630,00 to 150.065,20 EUR, by changing the nominal value from 5,00 to 0,20 EUR, under the code HIP AE.

INTERBOLSA, 7^th August, 2006