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NOTICE TO SHAREHOLDERS

Payment of Interest on Equity

We hereby inform the Shareholders that at the Board of Directors’ Meeting held on November 30, 2009, the Board members approved the payment of interest on equity, pursuant to Law 9,249/95 and the Company’s Bylaws, as proposed by the Executive Board, under the following terms:

1. Shareholders in the Company’s records as on November 30, 2009, will be entitled to the interest on equity and the Company’s shares will be traded “ex interest on equity” starting from December 1, 2009.

2. The interest on equity, whose payment was approved by the Company’s Board of Directors on this date, totals R$ 18,331,000.00 (eighteen million, three hundred thirty-one thousand reais), corresponding to gross earnings of R$ 0.162421 per common share.

3. The interest on equity, without any monetary restatement or other remuneration, will be paid on December 14, 2009.

4. The interest on equity may be imputed to the calculation of the minimum mandatory dividend to be paid by the Company in 2010, relating to the fiscal year ended March 31, 2010, according to the legislation in force.

5. The interest payment will be subject to Withholding Income Tax of 15% (fifteen percent), pursuant to legislation, resulting in net earnings per share of R$ 0.138058, except for shareholders who declare they are exempt from said tax.

6. Shareholders exempt from the Withholding Income Tax referred to in item 5 above should submit the pertinent declaration and documentary evidence to the Investor Relations Department at the following address, by December 4, 2009:

Rua Geraldo Flausino Gomes, 61 − 13° Andar
CEP 04575-060
São Paulo − SP

7. The Company will pay the interest according to the account details provided to Banco Bradesco S/A, the depositary institution for the Company’s shares.

For further information, click here.