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13 Apr 12 13:32
Moody’s rating

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Moody’s announced today its review of the credit rating attributed to Portugal Telecom SGPS, S.A. (“PT”) and the ratings of its fully owned subsidiary PT International Finance B.V. (“PTIF”), downgrading the long-term rating from Ba1 to Ba2. The outlook remains negative.

For further information, please refer to the Moody’s press release attached hereto.

Contacts: 
Nuno Vieira, Investor Relations Director
nuno.t.vieira@telecom.pt
Tel.: +351 21 500 1701
Fax: +351 21 500 0800
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