Cancellation of equity of OTEKOE

Date

27/05/2011

Notice Number

11/0748

NOTICE N.º 0748/11

We hereby inform that, on 27^th May, 2011 and by indication of the Issuer, one has cancelled the 5.000.000.000 bonds, regarding the issue "OT 5% - 15 Junho 2012", registered in the Securities Central under code OTEKOE (total amount in circulation: 1.016.300.000.000).

INTERBOLSA, 27^th May, 2011