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Registry of BPNSJM

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11/1857

NOTICE N.º 1857/11

We hereby inform that, on 27th December, 2011, 10.000 units of commercial paper, with a nominal value of 50.000,00 EUR, of BPN - Banco Português de Negócios, S.A., shall be registered, regarding the issue "BPN - 3ª Emissão PC 2011 - PROG. 1 000 M. EUR", under the code BPNSJM.

INTERBOLSA, 23th December, 2011