Portugal Telecom announces that the following amounts concerning the application of 2008 earnings will be paid on 24 April 2009, as set out below:
| Gross Amount |
Euro 0.575 |
| Withholding Tax (IRS/IRC) (20%) |
Euro 0.115 |
| Net Amount |
Euro 0.460 |
The ex-right date is 21 April 2009 and the record date is 23 April 2009.
Payment will be made through the Securities Clearing House pursuant to the terms of article 53 of the Regulation no. 3/2000 and Circular no. 1/2000 of Interbolsa.
This statement is made in accordance with Portuguese legislation and pursuant to the terms of the resolution of the General Meeting of Shareholders held on 27 March 2009.
Contacts:
Nuno Vieira, Investor Relations Director
nuno.t.vieira@telecom.pt
Tel.: +351 21 500 1701
Fax: +351 21 500 0800