Conversion into definite securities of JMRHOE--R to JMRHOE

NOTICE N.º 0035/08

We hereby inform that the bonds representing the debenture loan "JMR/2007 - 2012", of JMR - Gestão de Empresas de Retalho - S.G.P.S., S.A., registered under the code JMRHOE--R, took on 11^th January, 2008, the code JMRHOE.

INTERBOLSA, 11^th January, 2008