Cancellation of equity of OTEJOE

Date

27/04/2011

Notice Number

11/0573

NOTICE N.º 0573/11

We hereby inform that, on 27^th April, 2011 and by indication of the Issuer, one has cancelled the 20.000.000.000 bonds, regarding the issue "OT 5,15% - 15 Junho 2011", registered in the Securities Central under code OTEJOE (total amount in circulation: 489.856.000.000).

INTERBOLSA, 27^th April, 2011