4th May 2005 10:26
Telefonica SA04 May 2005 ANTONIO J. ALONSO UREBA Director, General Secretary and Secretary to the Board of Directors TELEFONICA, S.A. Telefonica S.A., as provided in article 82 of the Spanish Stock Market Act (Leydel Mercado de Valores), hereby reports the following SIGNIFICANT EVENT Pursuant to the resolution adopted by the Board of Directors of Telefonica, S.A.at its meeting held on February 23rd, 2005, we hereby inform all shareholdersthat on May 13th, 2005 the Company will pay an interim dividend from 2004 netincome of a fix gross amount of 0.23 euros for each Company share issued, incirculation and carrying entitlement to this dividend. This payment, inaccordance with the applicable tax legislation, will be made as follows: Gross dividend Withholding tax rate (15%) Net dividend (Euros per share) (Euros per share) (Euros per share) 0.23 0.0345 0.1955 The payment of this dividend shall be executed on the aforesaid date by BancoBilbao Vizcaya Argentaria, S.A., through the participating entities in Iberclear(Sociedad de Gestion de los Sistemas de Registro, Compensacion y Liquidacion deValores, S.A.), the Spanish securities registrar, clearing and settlementcompany. Madrid, May 4th, 2005 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
TDE.L