NYSE Euronext - Lisbon

www.euronext.com
Tel : 33 01 49 27 10 00
Fax : 33 01 49 27 14 33
Representatives
Deputy Chief Executive Officer : Mr. Jean-François Théodore
Director, International Affairs, Corporate Strategy : Mr. Robert Thys
| Types of Securities Traded | Name of Trading Systems (cash and derivatives) | Trading Hours |
| Cash : | Cash Market : | |
| Shares | NSC | 7:15 - 17:40 (Lisbon time) |
| Bonds |
Derivatives : LIFFE Connect ® |
|
| Participation Bonds | ||
| Investment Fund Participation Units | ||
| Certificates | ||
| Warrants | ||
| Reverse Convertibles and Similar | ||
| Rights | ||
| Derivatives : | ||
| Single Stock Futures | ||
| PSI 20 Index Futures |
Supervisory Body
CMVM (Comissão do Mercado de Valores Mobiliàrios
Name of Clearing & Settlement Organization
Settlement Systems are managed by INTERBOLSA
LCH. Clearnet acts as the clearing house and central counterparty
Settlement Cycle
Name of Central Securities Depository
INTERBOLSA
Commissions on Transactions levied by Exchange
Equal in all stock exchanges of Euronext NV
Taxes on Dividends, Interests
Witholding Tax Rates
Received by investors
Dividends Residents 20% Non Residents 20%
Captial Gains
Shares held for more than 12 months Residents 0% non-residents 25%
Shares held for less than 12 months Residents 10% non Residents 25%
Bonds Residents 0% Non Residents 0%
Interests/Other Income
Bonds Residents 20% Non-Residents 0%
Bonds with gaurantee or prices Residents 15% Non-Residents 0%
Domestic Investment Funds Unit Residents 0% Non-Residents 20%
Foreign Investment Funds Unit Residents 20% Non Residents 20%
2007 Share ownership thresholds (%)
10%, 20%, 1/3, 1/2, 2/3 and 90% of voting rights
Short selling (Yes / No)
No
