Cancellation of equity of OTELOE

Date

30/04/2012

Notice Number

12/0565

NOTICE N.º 0565/12

We hereby inform that, on 30^th April, 2012 and by indication of the Issuer, one has cancelled the 900.000.000 bonds, regarding the issue "OT 4,35% - 16 Outubro 2017", registered in the Securities Central under code OTELOE (total amount in circulation: 608.282.200.000).

INTERBOLSA, 30^th April, 2012