Cancellation of equity of OTELOE

Date

11/01/2016

Notice Number

16/0037

NOTICE N.º 0037/16

We hereby inform that, on 11^th January, 2016 and by indication of the Issuer, one has cancelled the 7.500.000.000 bonds, regarding the issue "OT 4,35% - 16 Outubro 2017", registered in the Securities Central under code OTELOE (total amount in circulation: 878.471.341.000).

INTERBOLSA, 11^th January, 2016