P.TELECOM : Qualified Holding - Capital Research and Management Company
02/14/2012| 01:20am US/Eastern

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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..
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