| PHAROL SGPS SA | 28/03/2008 AGM | |
|---|---|---|
| 1 | Receive the Annual Report | For |
| 2 | Receive the Consolidated Annual Report | For |
| 3 | Approve the dividend | For |
| 4 | Discharge the Board | For |
| 5 | Ratify Directors | Oppose |
| 6 | Authorise Share Repurchase | Abstain |
| 7 | Reduce Share Capital | For |
| 8 | Issue convertible bonds/debt securities | Abstain |
| 9 | Authorise waiver of pre-emptive rights in connection with Resolution 8 | Oppose |
| 10 | Issue bonds/debt securities | For |
| 11 | Authorise bond repurchase. | For |
| 12 | Approve remuneration of the members of Compensation Committee | Abstain |