28th Feb 2006 18:01
Telefonica SA28 February 2006 Telefonica S.A., as provided in article 82 of the Spanish Stock Market Act (Leydel Mercado de Valores), hereby reports the following SIGNIFICANT EVENT The Board of Directors of TELEFONICA, S.A., at its meeting held today, hasapproved to distribute an interim dividend from 2005 net income, of a fix grossamount of Euro 0.25 for each outstanding share with the right to receivedividends of the Company. The payment of this dividend shall be executed on May12th, 2006 through theparticipating entities in Iberclear (Sociedad de Gestion de los Sistemas deRegistro, Compensacion y Liquidacion de Valores, S.A.), the Spanish entity incharge of registration, clearing and settlement of securities. Tax withholdingshall be made on gross amounts as required by applicable legislation. Likewise, in accordance with the shareholder remuneration policy approved by theCompany's Board of Directors, it is the Board's intention to pay a furtherdividend of the same amount per share in the course of this financial year, andthe appropriate resolutions for that purpose will be passed at the relevanttime. Madrid, February 28th, 2006 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
TDE.L