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Registry of P37UJM

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16/0231

NOTICE N.º 0231/16

We hereby inform that, on 29th February, 2016, 2.500 units of commercial paper, with a nominal value of 50.000,00 EUR, of the company Portucel, S.A., shall be registered, regarding the issue "Portucel 2012 - 7ª em PC - PROG 125 M EUR (BST)", under the code P37UJM.

This issue will be cancelled on 26th May, 2016.

INTERBOLSA, 26th February, 2016