Economic-financial performance | Economic-financial processes | Dividends

Despite the positive results for the year ended on December 31, 2009, the company’s management, taking into consideration the commitments that have been assumed, the level of indebtedness, its strategy for managing the financial liabilities and the company’s business plan, informs the shareholders that it has not proposed the distribution of dividends provided for in article 30, sub-item III of the bylaws, as permitted under article 202, paragraph 4 of Law 6,404/76.