Negotiation renewal sharehold

RNS Number : 5297B
Telefonica SA
28 October 2009
 










TELEFÓNICAS.A. ("TELEFÓNICA"), as provided in article 82 of the Spanish Securities Market Act (Ley del Mercado de Valores), hereby reports the following



SIGNIFICANT EVENT


TELEFÓNICAS.A. hereby informs that the shareholders of TELCO S.p.A., shareholder of TELECOM ITALIA, S.p.A., are currently negotiating the possible renewal of the Shareholders' Agreement executed on 28 April 2007. The company will duly inform of the final results of these negotiations.



MadridOctober 28th, 2009.








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