Share performance  Basic data concerning PT stock performance during the last 6 years.

Reported values	2008	2007	2006	2005	2004	2003
As at 31 December
Share capital (MEuro)	27	31	395	1,129	1,166	1,254
Nº of shares (million)	897	1,026	1,129	1,129	1,166	1,254
Price (Euro)	6.07	8.93	9.84	8.55	9.10	7.98
Mkt. Cap. (MEuro)	5,442	9,160	11,108	9,652	10,615	10,009
Gross dividend per share (Euro)	0.575	0.575	0.475	0.475	0.350	0.220
Dividend yield	9.5%	6.4%	4.83%	5.56%	3.85%	2.76%
Net income (MEuro)	582	742	867	654	623	235
Pay-out ratio	88.6%	79.5%	61.9%	82.0%	65.5%	117.3%
Price / transactions
High (Euro)	9.45	9.60	10.44	9.80	9.45	8.08
Low (Euro)	4.35	8.02	8.04	7.33	7.83	5.55
Volume (million  shares)	1,057	1,343	1,220	1,178	1,173	1,245
Traded Value (MEuro)	7,783	13,343	12,207	9,666	10,491	8,171
Traded volume % (Euronext Lisbon)	14%	14%	23%	31%	38%	43%
Performance
Portugal Telecom	(32.0%)	8.6%	15.1%	(6.0%)	14.0%	21.8%
PSI-20	(51.3%)	16.3%	29.9%	13.4%	12.6%	15.8%
DJ Stoxx Telecom Europe	(36.5%)	14.6%	16.9%	(1.8%)	11.9%	18.9%

Last Update: 4 Mar 2009