Portugal Telecom, SGPS S.A. (“PT”) informs that BlackRock Inc. now holds more than 2% of the voting rights corresponding to the share capital of PT.
Such new holding resulted from the acquisition of the Barclays Global Investors business on 1 December 2009 by BlackRock Inc..
Additionally, PT was informed that, as a result of the above mentioned transaction, a holding of 21,025,118 ordinary shares representing 2.35% of PT’s share capital and corresponding voting rights is now attributed to BlackRock Inc..
According to the information received from BlackRock, Inc., the above mentioned shares and voting rights are held through BlackRock Investment Management (UK) Limited.
This statement is pursuant to the terms and for the purposes of article 17 of the Portuguese Securities Code, following a communication by BlackRock Inc. on 7 December 2009.