Notice of Additional Housing Bond Calls to be paid on November 15th 2010


The Housing Financing Fund (HFF), pursuant to the Housing Act No. 44/1998, as
subsequently amended, is authorised to make additional calls of Housing Bonds.
This authorisation corresponds to the authorisation of real estate mortgagors
to make additional payments on their mortgages or to repay the debt in full
prior to maturity. Provisions to this effect have existed in housing affairs
legislation since the adoption of Act No. 75/1989 which established the Housing
Bond system. 

By virtue of the above, HFF has selected the Housing Bonds to be called. The
selection was made in such a manner that calls in each Housing Bond series
directly reflect the paybacks of Housing Bond mortgages in this same series.
This maintains a complete correspondence between paybacks and calls, as
provided for by law. Additional calls are made on an ongoing basis to equalise
HFF's cash flow as a result of paybacks, in accordance with the abovementioned
statutory provisions. 

Housing Bonds from the following bond certificate series were selected for
these additional calls to be paid on November 15th 2010: 



Bond Series			Nominal Value
Series 1,1989	( IBH14-0115 )	25.520.000
Series 1,1990	( IBH15-0815 )	33.135.000
Series 2,1990 	( IBH15-1115 )	43.360.000
Series 2,1991	( IBH16-0515 )	58.880.000
Series 3,1992	( IBH17-0815 )	76.720.000
Series 2,1993	( IBH18-0815 )	43.420.000
Series 2,1994	( IBH19-0515 )	125.860.000
Series 3,1994 	( IBH19-0815 )	72.460.000