Registry of ordinary shares issued by Papeles Y Cartones de Europa, S.A.

Date

31/01/2007

Notice Number

07/0106

NOTICE N.º 0106/07

We hereby inform that, under the terms of article 21 of Interbolsa's Regulation nr. 3/2000, on 30^th January, 2007, the following issues of ordinary shares, with a nominal value of 2,00 EUR, were registered, issued by Papeles y Cartones de Europa, S.A (EUROPA&C.:

Code	Name
KEU AM	Papeles Y Cartones de Europa, S.A. (EUROPA&C)
KEU9AM	Papeles Y Cartones de Europa (aumento de capital resultante da OPA da Gescartão)

INTERBOLSA, 31^th January, 2007