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Cancellation of equity of Banco Espírito Santo de Investimento, S.A.

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07/1221

NOTICE N.º 1221/07

We hereby inform that, on 23th October, 2007 and by indication of the Issuer, one has cancelled the cash bonds mentioned below:

Code Canceled Amount Amount in circulation
ESS5XE 40.200 96.120
ESSAXE 22.000 78.000

INTERBOLSA, 23th October, 2007