Registry of the increase of quantity of OTELOE

NOTICE N.º 0536/12

We hereby inform that, on 24^th April, 2012, 900.000.000 bonds of Instituto de Gestão da Tesouraria e do Crédito Público, I.P. were registered, which auction took place on , under the code OTELOE. These bonds are fungible with 608.282.200.000 bonds already issued (total amount in circulation: 609.182.200.000).

INTERBOLSA, 24^th April, 2012