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Cancellation of equity of OTE6OE

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11/0623

NOTICE N.º 0623/11

We hereby inform that, on 3rd May, 2011 and by indication of the Issuer, one has cancelled the 5.500.000.000 bonds, regarding the issue "OT 4,20% 15 Outubro 2016", registered in the Securities Central under code OTE6OE (total amount in circulation: 618.500.000.000).

INTERBOLSA, 3rd May, 2011