Pursuant to Rule 13a-16 or 15d-16 of the
1069 - 300 Lisboa, Portugal
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
| RELEASE |  |
Portugal Telecom informs on proposal for the
election of the corporate bodies for the 2006/2008 term of office
Lisbon, Portugal, March 13, 2006 — Portugal Telecom informs that it has received from its shareholders Banco Espírito Santo, S.A. and Caixa Geral de Depósitos, S.A. the following joint proposal to be submitted to the Annual General Meeting in relation to the appointment of the corporate bodies for 2006/2008 term of office.
| Shareholders Meeting Board | ||
| Chairman: | - António Manuel da Rocha e Menezes Cordeiro | |
| Vice-Chairman: | - Jorge Luís Seromenho Gomes de Abreu | |
| Secretary: | - Luís Manuel da Costa de Sousa de Macedo | |
| Board of Directors | ||
| Chairman: | - Henrique Manuel Fusco Granadeiro* | |
| Directors: | - Zeinal Abedin Mahomed Bava* | |
| - Rodrigo Jorge de Armindo Costa* | ||
| - Luís Miguel da Fonseca Pacheco de Melo* | ||
| - João Pedro Amadeu Baptista* | ||
| - António Aleixo Claudino Caria* | ||
| - Rui Pedro Barroso Soares* | ||
| - Franquelim Garcia Alves | ||
| - António Pedro de Carvalho Viana Baptista | ||
| - Fernando Henrique Viana Soares Carneiro | ||
| - Henrique José Monteiro Chaves | ||
| - Luís Filipe Rolim de Azevedo Coutinho | ||
| - João Manuel de Mello Franco | ||
| - Joaquim Aníbal Brito Freixial de Goês | ||
| - Fernando Abril-Martorell Hernandez | ||
| - Gerald Stephen McGowan | ||
| - Amílcar Carlos Ferreira de Morais Pires | ||
| - Francisco Teixeira Pereira Soares | ||
| - Jorge Humberto Correia Tomé | ||
| - Armando António Martins Vara | ||
| - Thomaz de Mello Paes de Vasconcellos | ||
* Members of the Executive Committee, subject to approval by the proposed Board of Directors, following the respective appointment at the General Meeting. The Chairman of the Board of Director will simultaneously be the Chairman of the Executive
Committee.
| Audit Board | ||
| Chairman: | - Pedro João Reis de Matos Silva | |
| Members: | - Gonçalo Vaz Botelho | |
| - Ascensão, Gomes, Cruz & Associados, Sociedade de Revisores Oficiais | ||
| de Contas, represented by Mário João de Matos Gomes | ||
| Deputy Member: | - José Vieira dos Reis | |
| Compensation Committee | ||
| Chairman: | - António Manuel da Rocha e Menezes Cordeiro | |
| - Manuel Alves Monteiro | ||
| - João Manuel de Mello Franco | ||
This information is also available on PT's IR website http://ir.telecom.pt.
| Contact: | Nuno Prego, Investor Relations Director | |
| nuno.prego@telecom.pt | ||
| Portugal Telecom | ||
| Tel.: +351 21 500 1701 | ||
| Fax: +351 21 500 0800 | ||
Portugal Telecom is listed on the Euronext and New York Stock Exchanges. Information may be accessed on the Reuters 2000 Service under the symbols PTC.LS and PT and on |
| Bloomberg under the symbol PTC PL. |
|
PORTUGAL TELECOM, SGPS, S.A.
| ||
| By: |
/S/
Nuno Prego
| |
|
Nuno Prego
Investor Relations Director
| ||
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.