22nd Feb 2007 14:16
Telefonica SA22 February 2007 TELEFONICA, S.A., as provided in article 82 of the Spanish Stock Market Act(Ley del Mercado de Valores), hereby reports the following SIGNIFICANT EVENT TELEFONICA SA, shareholder of PORTUGAL TELECOM, SGPS, S.A. with a 9.9635%equity stake therein, states its intention to vote, in the Extraordinary GeneralMeeting of PORTUGAL TELECOM to be held on March 2nd, 2007, in favour ofapproving the amendments to the articles of association and the authorisationsproposed to eliminate the voting restrictions, and so that all shareholders mayexpress themselves without hindrance to their capacity to exercise their rights,in the best interest of the company. Madrid, February 22nd , 2007. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
TDE.L