Conversion into definite securities of IASAOE--R to IASAOE

NOTICE N.º 1086/07

We hereby inform that the bonds representing the debenture loan "SC - Insurance and Risk Services S.G.P.S./2007 - 2014", of SC - INSURANCE and RISK Services, S.G.P.S., S.A., registered under the code IASAOE--R, took on 18^th September, 2007, the code IASAOE.

INTERBOLSA, 18^th September, 2007