Portugal Telecom Int



Re:  Portugal Telecom International Finance BV
     EUR 50,000,000.00
     MATURING: 07-Aug-2013
     ISIN: XS0382170891

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
07-Aug-2008 TO 07-Nov-2008 HAS BEEN FIXED AT 6.468000 PCT

DAY BASIS: ACTUAL/360

INTEREST PAYABLE VALUE 07-Nov-2008 WILL AMOUNT TO:
EUR 826.47 PER EUR 50,000.00 DENOMINATION
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