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Capital increase of PCN AM

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11/0057

NOTICE N.º 0057/11

We hereby inform that, on 12th January, 2011, 1.000.000.000 shares, with a nominal value of 1,00 EUR each, were registered, representing the increase of the share capital from 150.000.000,00 to 1.150.000.000,00 EUR of PT Comunicações, S.A., under the code PCN AM.

INTERBOLSA, 13th January, 2011