The Audit Committee comprises three Non-Executive members - Mr. Alexandre Soares dos Santos (President), Mr. Artur Santos Silva and Prof. António Borges (the latter considered an independent member, according to number Regulation CMVM 07/2001, as amended by Regulation 10/2005), met four times during 2006, and was particularly focused on questions related to the adaptation of the Company rules due to the change of the Portuguese Commercial Companies Code and the monitoring of the work of the Internal Control Committee.