CNMV - Short positions. Notifications search - TELEFONICA, S.A.

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TELEFONICA, S.A.

ES0178430E18

Position holder: BNP Paribas SA

Page 3 out of 5

Previous notifications
Position date	Net short position size (%)
09/05/2016	0.810
15/04/2016	0.790
01/04/2016	0.800
07/03/2016	0.790
04/01/2016	0.810
24/11/2015	0.750
19/11/2015	0.650
05/11/2015	0.630
29/10/2015	0.510
20/10/2015	0.820