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Cancellation of equity of OTE6OE

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06/0980

NOTICE N.º 0980/06

We hereby inform that, on 23th October, 2006 and by indication of the Issuer, one has cancelled the 8.000.000.000 ordinary bonds, regarding the issue "OT 4,20% 15 Outubro 2016", registered in the Securities Central under code OTE6OE (total amount in circulation: 407.000.000.000).

INTERBOLSA, 23th October, 2006