Capital increase of PAD7AM

NOTICE N.º 0794/07

We hereby inform that, on 11^th July, 2007, 27.083.333 shares, with a nominal value of 0,10 EUR each, were registered, representing the increase of the share capital from 39.110.599,80 to 41.818.933,10 EUR of PARAREDE - S.G.P.S., S.A., under the code PAD7AM.

INTERBOLSA, 12^th July, 2007