25 Jan 2010 07:00

TELEFĆNICA,Ā S.A.Ā ("TELEFĆNICA"), as provided in article 82 of the Spanish Securities Market Act (LeyĀ delĀ Mercado de Valores), hereby reports the following
SIGNIFICANT EVENT
AtĀ the ItalianĀ Commissione Nazionale per le SocietĆ” eĀ la Borsa'sĀ request, with reference to the article published in an Italian daily financial newspaper today regarding the ownership arrangements forĀ TELECOM ITALIA,Ā TELEFĆNICAĀ wish to make clear that the news it refers to is without foundation.
Madrid,Ā January 22ndĀ , 2010
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