Capital increase of PAP AM

Date

12/01/2011

Notice Number

11/0048

NOTICE N.º 0048/11

We hereby inform that, on 11^th January, 2011, 203.000.000 shares, with a nominal value of 1,00 EUR each, were registered, representing the increase of the share capital from 430.000.000,00 to 633.000.000,00 EUR of PortucelSoporcel Papel, S.G.P.S., S.A., under the code PAP AM.

INTERBOLSA, 12^th January, 2011