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Registry of PTCIJM

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08/1409

NOTICE N.º 1409/08

We hereby inform that, on 31th December, 2008, 8.500 units of commercial paper, with a nominal value of 50.000,00 EUR, of the company Portugal Telecom - S.G.P.S., S.A., shall be registered, regarding the issue "PT S.G.P.S. - 439ª Em. PC - PRG 425M EUR (BST)", under the code PTCIJM.

INTERBOLSA, 30th December, 2008