TDE.L Regulatory News (TDE)

27 Feb 2008 17:53

Telefonica SA27 February 2008 TELEFONICA S.A., as provided in article 82 of the Spanish Securities MarketAct (Ley del Mercado de Valores), hereby reports the following SIGNIFICANT EVENT The Board of Directors of TELEFONICA, S.A., at its meeting held today, hasunanimously resolved to call the Annual General Shareholders' Meeting to be heldin Madrid, at the Recinto Ferial de la Casa de Campo, Pabellon de Cristal,Avenida de Portugal, s/n, at -----12:00 pm on April 22nd , 2008, on second call,if the legally required quorum is not reached and therefore the Meeting cannotbe held on first call, on April 21st, 2008 at the same place. The Agenda of the Annual General Shareholders' Meeting, that has been approvedin the aforesaid Board's meeting, is the following: AGENDA I. Examination and approval, if appropriate, of the Individual AnnualAccounts, of the Consolidated Financial Statements (Consolidated AnnualAccounts) and of the Management Report of Telefonica, S.A. and its ConsolidatedGroup of Companies, as well as of the proposed allocation of profits/losses ofTelefonica, S.A. and of the management of its Board of Directors, all withrespect to Fiscal Year 2007. II. Re-election, ratification, and appointment, as applicable, of Directors: II.1 Re-election of Mr. Jose Fernando de Almansa Moreno-Barreda. II.2 Ratification of the interim appointment of Mr. Jose Maria Abril Perez. II.3 Ratification of the interim appointment of Mr. Francisco Javier de Paz Mancho. II.4 Ratification of the interim appointment of Mrs. Maria Eva Castillo Sanz. II.5 Ratification of the interim appointment of Mr. Luiz Fernando Furlan. III. Authorization to acquire the Company's own shares, either directly orthrough Group Companies. IV. Reduction in share capital by means of the repurchase of the Company'sown shares, with the exclusion of creditors' right to challenge the repurchase,and revising the text of the article of the By-Laws relating to share capital. V. Designation of the Accounts Auditor for the 2008 financial year. VI. Delegation of powers to formalize, interpret, cure and carry out theresolutions adopted by the Shareholders at the General Shareholders' Meeting. Likewise, upon the prior favourable report of the Nominating, Compensation andCorporate Governance Committee, the Board has appointed Mr. Alfonso FerrariHerrero as new member of the Audit and Control Committee, and Mr. Peter Erskineas new member of the Nominating, Compensation and Corporate GovernanceCommittee. Madrid, February 27th , 2008. This information is provided by RNS The company news service from the London Stock Exchange