Registry of UPTDJM

We hereby inform that, on 27^th December, 2018, 14.500.000,00 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 - 41ª em PC - PRG. 20 M. EUR", under the code UPTDJM (ISIN PTUPTDJM0016).

This issue will be cancelled on 28^th January, 2019.

INTERBOLSA, 24^th December, 2018