Presentation on results

Telefonica SA
28 February 2008


Telefonica has submitted to the UK Listing Authority two copies of the
presentation 'Quarterly results January-December 2007'.

This document will shortly be available for inspection at the UK Listing
Authority's Document Viewing Facility, which is situated at:

        Financial Services Authority
        25 The North Colonnade
        Canary Wharf
        London
        E14 5 HS




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