Dear Friends,

It is our pleasure to present the catalog of our 137 AUCTION - ANTIQUES AND WORKS OF ART, divided into three sessions, on days 2, 3 and 4 April 2012.

Over a thousand lots, covering virtually all areas of antiques, many with openly accessible prices, namely:

Furniture, , Portuguese and foreign, from various types - v.g – Set of six chairs, D. José (1750-1777) King of Portugal,, in Brazilian mahogany with carvings (Lot 243).

Painting - v.g. "Houses in Alfama",, oil on canvas by Manuel Bentes (1885-1961), signed (Lot 158).

European Porcelain - v.g. Pair of five-light candelabra, , relief and polychrome decoration "Putti and flowers", 19th century (Lot 617 b)

And also Portuguese faience, mirrors, long-case and mantle clocks, armory, chandeliers, lamps and wall sconces…

The third and final session devoted to silverware and jewelry, as usual.

A multiplicity of objects of art and collectables that we invite you to discover, live, on the exhibition, or through our website in www.cml.pt.

Under the partnership for many years established between Cabral Moncada leilões and Vista Alegre porcelain, a further reference to the Vista Alegre Atlantis Collectors Club: an initiative that we salute and that are very pleased to announce to our common clients: discover in www.vistaalegreatlantis.com/cvaa/ the actual benefits reserved for its Members.

Yours sincerely,

Pedro Maria de Alvim      Miguel Cabral de Moncada