Portugal Telecom, SGPS S.A. (“PT”) informs that Capital Research and Management Company (“Capital”) now holds less than 5% of the voting rights corresponding to the share capital of PT.
Such new holding resulted from the disposal, on 2 February 2012, on regulated market, of a total of 2,250,000 PT shares.
As a result of the above mentioned transaction, a holding of 42,952,953 ordinary shares representing 4.79% of PT’s share capital and corresponding voting rights is now attributed to Capital.
Capital further informed that the shares reported in this disclosure are owned by mutual funds under the discretionary investment management of CRMC and that CRMC exercises the voting rights corresponding to such shares.
This statement is pursuant to the terms and for the purposes of article 17 of the Portuguese Securities Code and the Portuguese Securities Commission Regulation no. 5/2008, following a communication received by fax from Capital, with registered office at 333 South Hope Street, 55th floor, Los Angeles, California 90071, U.S.A..