Registry of PTPVLEJM0020

We hereby inform that, on 17^th May, 2019, 500.000.000,00 EUR of commercial paper, with a nominal value of 50.000,00 EUR, of the company PARVALOREM, S.A., shall be registered, regarding the issue "PARVALOREM - 34ª em PC 2011 - PRG 1.000.000.000 EUR (CBI)", under the code PVLEJM (ISIN PTPVLEJM0020).

This issue will be cancelled on 16^th August, 2019.

INTERBOLSA, 16^th May, 2019