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Registry of PT1PJM

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11/0145

NOTICE N.º 0145/11

We hereby inform that, on 28th January, 2011, 20.000.000.000 units of commercial paper, with a nominal value of 0,01 EUR, of the company Portugal Telecom - S.G.P.S., S.A., shall be registered, regarding the issue "PT S.G.P.S. - 256ª Emissão PC - PRG 3.000 M EUR", under the code PT1PJM.

INTERBOLSA, 27th January, 2011