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Cancellation of equity of OTE2OE

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08/0206

NOTICE N.º 0206/08

We hereby inform that, on 25th February, 2008 and by indication of the Issuer, one has cancelled the 17.500.000.000 bearer ordinary bonds, regarding the issue "OT 3,25% 15 Julho 2008", registered in the Securities Central under code OTE2OE (total amount in circulation: 582.500.000.000).

INTERBOLSA, 25th February, 2008