TEF - Closing E-Plus

TELEFÓNICA, S.A. as provided in article 82 of the Spanish Stock Market Act (Ley del Mercado de Valores), hereby reports the following

SIGNIFICANT EVENT

Following the Significant Event registered on August 29, 2014, Telefónica announces that, once executed the capital increase carried out by its listed subsidiary Telefónica Deustchland Holding AG ("Telefonica Deutschland") for the financing of the acquisition of E-plus Mobilfunk GmbHCo KG ("e-plus"), the acquisition of this latter company by Telefónica Deutschland has been completed.

See Press Release attached.

http://www.rns-pdf.londonstockexchange.com/rns/1133T_-2014-10-1.pdf 

Madrid, October 1, 2014.