INFORMATION

Banif - Banco Internacional do Funchal, S.A. informs about the capital increase of €700.000 as result of the conversion of mandatory convertible bonds.

Banif - Banco Internacional do Funchal, S.A. informs that, on the present date, it has registered a share capital increase in the amount of €700.000, with the issue of
70.000.000 new shares, being the capital increased to the amount of
€1.511.400.000,00, with the corresponding change in articles 5 and 6 of the company's articles of association.
This operation does not have any impact on Banif's net worth, as it results exclusively from the conversion of the mandatory convertible bonds (ISIN PTBNFMZM0008) issued by deliberation of the Shareholders Meeting of Banif - SGPS S.A. dated August
14th 2009 (meanwhile merged into Banif - Banco Internacional do Funchal S.A.), in
the terms already disclosed to the market, namely in the LME Offering Memorandum announced in CMVM's information system on the 27th of September 2013. This share capital increase is not a part of the operations foreseen for the second stage of the recapitalization of Banif.
Lisbon, 9th of October 2013
The Issuer

Banif - Banco internacional do Funchal, SA Listed Company

Registered Office: Rua de João Tavira, 30 - 9004-509 Funchal

Share Capital: 1,511,400,000 Euros

Corporate Tax Number: 511 202 008

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