TELMEX APPROVES TO INCREASE THE FUNDS TO PURCHASE ITS OWN SHARES

Mexico City, March 3, 2009. Teléfonos de México, S.A.B. de C.V. (TELMEX) (BMV:TELMEX; NYSE:TMX; NASDAQ:TFONY; LATIBEX:XTMXL) announced that at its Ordinary Shareholders’ Meeting held today, resolved to increase the amount of funds that can be allocated to purchase the Company’s own shares by 10 billion pesos.  The remaining amount was approximately 341 million pesos bringing the total to approximately 10.341 billion pesos, considering the retained earnings as of December 31, 2008.  Additionally, the Shareholders’ Meeting ratified the application of resources for the acquisition of the Company’s own shares up to the date of this Meeting, which were charged to the maximum amount authorized by the Shareholders’ Meeting held on April 27, 2007.

TELMEX is a corporation made up of Teléfonos de México, S.A.B. de C.V., its subsidiaries and affiliates that provides telecommunications services in Mexico. The company’s service coverage comprises the operation of the nation’s most complete local and long distance networks. Additionally, TELMEX offers services like connectivity, Internet access, co-location, web hosting and interconnection services to other telecommunications operators.