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Interim dividend

27th Sep 2006 12:56

Telefonica SA27 September 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 2006 net income, of a fix grossamount of Euro 0.30 for each outstanding share with the right to receivedividends of the Company. The payment of this dividend shall be executed on November 10th, 2006 throughthe participating 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. Madrid, September 27th, 2006 This information is provided by RNS The company news service from the London Stock Exchange

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TDE.L
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