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Cancellation of equity of ESS5XE

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08/0434

NOTICE N.º 0434/08

We hereby inform that, on 25th April, 2008 and by indication of the Issuer, one has cancelled the 6.500 cash bonds, regarding the issue "BES Investimento/2005 - Range Accrual Euribor & EUR/USD", registered in the Securities Central under code ESS5XE (total amount in circulation: 83.620).

INTERBOLSA, 28th April, 2008