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Regulatory News Service

Friday May 9, 12:39 PM
Telefonica SA - Tender Public Offer Sogecable

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Telefonica SA
09 May 2008
As provided in article 82 of the Spanish Stock Market Act (Ley del Mercado de
Valores), TELEFONICA, S.A. hereby reports the following
SIGNIFICANT EVENT
Regarding the 
public tender offer launched by PROMOTORA DE INFORMACIONES, S.A. ("PRISA") over the share capital of SOGECABLE, S.A., the Company has agreed, after studying the conditions, to participate in said offer with all the shares it owns, which represent 16.79% of the share capital of said company. Madrid, May 9th ,2008 This information is provided by RNS The company news service from the London Stock Exchange

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