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Cancellation of the registry of BCSEBE

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07/0711

NOTICE N.º 0711/07

We hereby inform that, on 25th June, 2007, the issue of "Valores Mobiliários Estruturados "Valor Espanha 7,50%" Junho 2009", registered in the Securities Central under the code BCSEBE, was cancelled, due to the anticipated reimbursement take place on that date.

INTERBOLSA, 26th June, 2007