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Registry of BENBOM

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10/1551

NOTICE N.º 1551/10

We hereby inform that, on 2nd December, 2010, 176.497 registered ordinary bonds, with a nominal value of 1.000,00 EUR, of Banco Espírito Santo, S.A. were registered, regarding the loan "BES/2010 - Undated Deeply Subordinated Notes - Sér. 22 - Tr. 1", under the code BENBOM.

INTERBOLSA, 2nd December, 2010