Registry of UPTAJM

We hereby inform that, on 24^th September, 2018, 20.000.000,00 EUR of commercial paper, with a nominal value of 50.000,00 EUR, of the company UPSTAR Comunicações, S.A., shall be registered, regarding the issue "UPSTAR Comunicações - 38ª Emissão PC - PRG. 20 M. EUR", under the code UPTAJM (ISIN PTUPTAJM0027).

This issue will be cancelled on 26^th October, 2018.

INTERBOLSA, 21^th September, 2018