Registry of UPTEJM

We hereby inform that, on 28^th January, 2019, 14.000.000,00 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 - 42ª Emissão PC - PRG. 20 M. EUR", under the code UPTEJM (ISIN PTUPTEJM0015).

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

INTERBOLSA, 25^th January, 2019