TIDMTDE

RNS Number : 5243P

Telefonica SA

08 February 2019

TELEFÓNICA, S.A. ("Telefónica" or the "Company") in compliance with the Securities Market legislation, hereby communicates the following

INSIDE INFORMATION

In relation to the news published in the media today, Telefónica informs that, within the framework of its portfolio management policy, based on a strategy of value creation and strategic positioning, is studying the potential sale of some of its Data Centres, which may result in one or several transactions, related to either all or some of those assets.

Madrid, February 8, 2019

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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February 08, 2019 06:33 ET (11:33 GMT)

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