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Registry of PVLRJM

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15/1441

NOTICE N.º 1441/15

We hereby inform that, on 29th December, 2015, 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 - 20ª em PC 2011 - PRG 1.000 M. EUR (CBI)", under the code PVLRJM.

This issue will be cancelled on 28th June, 2016.

INTERBOLSA, 28th December, 2015