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Registry of PVLMJM

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14/1400

NOTICE N.º 1400/14

We hereby inform that, on 21th November, 2014, 10.000 units of commercial paper, with a nominal value of 50.000,00 EUR, of the company PARVALOREM, S.A., shall be registered, regarding the issue "PARVALOREM - 15ª Emissão PC 2011 - PRG 1.000.M EUR", under the code PVLMJM.

INTERBOLSA, 20th November, 2014