<SEC-DOCUMENT>0001292814-11-001672.txt : 20110609
<SEC-HEADER>0001292814-11-001672.hdr.sgml : 20110609
<ACCEPTANCE-DATETIME>20110609111240
ACCESSION NUMBER:		0001292814-11-001672
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20110630
FILED AS OF DATE:		20110609
DATE AS OF CHANGE:		20110609

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP
		CENTRAL INDEX KEY:			0001170858
		STANDARD INDUSTRIAL CLASSIFICATION:	WATER SUPPLY [4941]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			D5
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31317
		FILM NUMBER:		11902419

	BUSINESS ADDRESS:	
		STREET 1:		RUA COSTA CARVALHO, 300
		STREET 2:		SAO PAULO
		CITY:			SP
		STATE:			D5
		ZIP:			05429-900
		BUSINESS PHONE:		011-55-11-3388-8000

	MAIL ADDRESS:	
		STREET 1:		RUA COSTA CARVALHO, 300
		STREET 2:		SAO PAULO
		CITY:			SP
		STATE:			D5
		ZIP:			05429-900
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>sbs20110511_6k.htm
<DESCRIPTION>MINUTES OF THE ANNUAL AND EXTRAORDINARY GENERAL MEETINGS
<TEXT>

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<DIV><FONT size=1></FONT>&nbsp;</DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>SECURITIES AND EXCHANGE COMMISSION </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>Washington, DC 20549 </B></FONT></DIV>

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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>FORM 6-K</B></FONT></DIV>

<DIV><FONT size=1></FONT>&nbsp;</DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>REPORT OF FOREIGN ISSUER</B><BR><B>PURSUANT TO RULE 13a-16 OR 15d-16 OF THE</B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>SECURITIES EXCHANGE ACT OF 1934</B></FONT></DIV>

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<DIV><FONT color=#000000 size=2 face="Times New Roman"><B>For&nbsp;May 11, 2011</B></FONT></DIV><FONT color=#000000 size=2 face="Times New Roman"><B>(Commission File No. 1-31317) </B></FONT></DIV>

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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>Companhia de Saneamento B&#225;sico do Estado de S&#227;o Paulo - SABESP </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman"><I>(Exact name of registrant as specified in its charter) </I></FONT></DIV>

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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>Basic Sanitation Company of the State of Sao Paulo - SABESP </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman"><I>(Translation of Registrant's name into English) </I></FONT></DIV>

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<DIV align=center><FONT color=#000000 size=2 face="Times New Roman"><B>Rua Costa Carvalho, 300 <BR>S&#227;o Paulo, S.P., 05429-900 <BR>Federative Republic of Brazil </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman"><I>(Address of Registrant's principal executive offices) </I></FONT></DIV><BR>

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<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">Indicate by check mark whether the registrant files or will file <BR>annual reports under cover Form 20-F or Form 40-F. <BR><BR>Form 20-F ___X___ Form 40-F ______</FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">Indicate by check mark if the registrant is submitting the Form 6-K <BR>in paper as permitted by Regulation S-T Rule 101(b)(1)__.</FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">Indicate by check mark if the registrant is submitting the Form 6-K <BR>in paper as permitted by Regulation S-T Rule 101(b)(7)__.</FONT></DIV>

<P></P>

<P align=center><FONT size=2 face="'Times New Roman, Times, Serif'">Indicate by check mark whether the registrant by furnishing the <BR>information contained in this Form is also thereby furnishing the <BR>information to the Commission pursuant to Rule 12g3-2(b) under <BR>the Securities Exchange Act of 1934. <BR><BR>Yes ______ No ___X___</FONT></P>

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<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">If "Yes" is marked, indicated below the file number assigned to the<BR>registrant in connection with Rule 12g3-2(b):</FONT> </DIV>

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<P style="TEXT-ALIGN: center; MARGIN: 0cm 0pt 0pt 0cm"><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=PT-BR face=Verdana,sans-serif>COMPANHIA DE SANEAMENTO B&#193;SICO DO ESTADO DE S&#195;O PAULO &#8211; SABESP</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 0pt 0pt 0cm"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>PUBLICLY-HELD COMPANY</FONT></B></P>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: center; MARGIN: 0cm 0pt 0pt 0cm" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Corporate Taxpayer&#8217;s ID (CNPJ): 43.776.517/0001-80</FONT></B></H1>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: center; MARGIN: 0cm 0pt 0pt 0cm" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Company Registry (NIRE): 35.3000.1683-1</FONT></B></H1>

<P style="TEXT-ALIGN: center; MARGIN: 6pt 0pt 0pt 0cm"><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>SUBSCRIBED AND PAID-IN CAPITAL - R$ 6,203,688,565.23</FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0cm 0pt 0pt 0cm"><B><FONT style="LINE-HEIGHT: 116%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>MINUTES OF THE ANNUAL AND EXTRAORDINARY GENERAL MEETINGS</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 0pt 0pt 0cm"><B><FONT style="LINE-HEIGHT: 116%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>HELD ON APRIL 28, 2011</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><B><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>DATE, TIME AND PLACE:</FONT></U></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> On April 28, 2011, at 3:00 p.m., at the company&#8217;s headquarters, at Rua Costa Carvalho, n&#186; 300, in this capital city.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><B><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>CALL NOTICE:</FONT></U></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> The Call Notice was published in the March 30 and 31, 2011 and April 1, 2011 editions of the newspapers &#8220;Di&#225;rio Oficial do Estado de S&#227;o Paulo&#8221;, and &#8220;Folha de S&#227;o Paulo.&#8221;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><B><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>ATTENDANCE:</FONT></U></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> Shareholders representing more than two thirds of capital stock, as per signatures in the Shareholders&#8217; Attendance Book.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Also attending, Messrs.</FONT><FONT style="LINE-HEIGHT: 150%; LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Jer&#244;nimo Antunes, acting Chairman of the Board of Directors, Renato Kenji Higa, representative of the shareholder S&#227;o Paulo State Finance Department, Valdir Renato Coscodai, and Daniel Rodrigues de Oliveira</FONT><FONT style="LINE-HEIGHT: 150%; LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>, representatives of </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>PricewaterhouseCoopers&nbsp;</FONT><FONT style="LINE-HEIGHT: 150%; LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> Auditores Independentes</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>, Mario Azevedo de Arruda Sampaio, Superintendent of Funding and Investor Relations, Mrs.</FONT><FONT style="LINE-HEIGHT: 150%; LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Sandra Maria Giannella</FONT><FONT style="LINE-HEIGHT: 150%; LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>, Fiscal Council member, Mrs. Nara Maria Marcondes Fran&#231;a, Accounting Superintendent, Mrs. Angela Beatriz Airoldi, Manager of the Investor Relations Department, Mrs. Priscila Costa da Silva, Management Analyst of the Investor Relations Department and Mrs. Beatriz Helena de Almeida and Mrs. Silva Lorenzi, Lawyer.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><B><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=PT-BR face=Verdana,sans-serif>PRESIDING:</FONT></U></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=PT-BR face=Verdana,sans-serif> Chairman: Jer&#244;nimo Antunes. Secretaries: Marli Soares da Costa and Marialve de Sousa Martins.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><B><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>AGENDA:</FONT></U></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> ANNUAL GENERAL MEETING </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>I.&nbsp;</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> Analyze the Management&#8217;s Accounts and Financial Statements supported by the Fiscal Council&#8217;s and External Auditor&#8217;s Reports related to the fiscal </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>year 2010, in conformity with the Management&#8217;s Report, Balance Sheets and the corresponding Notes to the Financial Statements; </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>II.&nbsp;</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> Resolve on the allocation of net income for the fiscal year 2010; </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>III.&nbsp;</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> Change the newspaper used for the publication of Sabesp's financial statements and corporate acts from Folha de S&#227;o Paulo to Valor Econ&#244;mico; </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>IV. </FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Elect the members of the Board of Directors and the sitting and deputy members of the Fiscal Council and establish their compensation. EXTRAORDINARY GENERAL MEETING </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>I. </FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Change the Company's Bylaws, with amendment to article 15, new wording of items VII and VIII;</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>new wording of item I of paragraph 2; include items:</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>VIII and IX of paragraph 3; new wording of Item IV of paragraph 5;</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Add Chapter XIII &#8211; Regulatory Affairs Committee and article 38, paragraphs:</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>1, 2, 3 and 4;</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Add article 39; Renumber Chapter XIV article 40, Chapter XV, articles 41, 42, 43, 44, 45, Chapter XVI, article 46, Chapter XVII, articles 47, 48 and Add articles 49 and 50.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><B><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>CLARIFICATIONS:</FONT></U></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> 1) The matters were duly appreciated by the State Council for Protection of Capital (CODEC), by means of Opinion 104/2011, of April 28, 2011, referring to the State Finance Department Procedure 12091-363957/2011, which instructed the vote of the representative of the shareholder S&#227;o Paulo State Finance Department.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><B><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>RESOLUTIONS:</FONT></U></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> The Chairman discussed </FONT><B><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>item &#8220;I&#8221; </FONT></U></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>on the Agenda, &#8220;Analyze the Management&#8217;s Accounts and Financial Statements supported by the Fiscal Council&#8217;s and External Auditor&#8217;s Reports related to the fiscal year 2010, in conformity with the Management&#8217;s Report, Balance Sheets and the corresponding Notes to the Financial Statements.&#8221; The representative of the shareholder S&#227;o Paulo State Finance Department, and attorney-in-fact Renato Kenji Higa, based on the Codec Opinion and considering that the matter was approved by the Company&#8217;s Board of Directors and the Fiscal Council, proposed to approve the Management Accounts and the Financial Statements for 2010 supported by the Fiscal Council&#8217;s and External Auditors' Reports, in conformity with the Management&#8217;s Report, Balance Sheets and corresponding Notes to the Financial Statements. After being submitted to </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>a vote</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> by the Chairman, the proposal of the shareholder S&#227;o Paulo State Finance Department, after registering absences and contrary votes, was </FONT><B><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>approved by the majority of votes</FONT></U></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>. Then, the Chairman discussed </FONT><B><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>item &#8220;II&#8221;</FONT></U></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> on the Agenda, &#8220;Resolve on the allocation of Net Income for the year 2010.&#8221;</FONT><FONT style="LINE-HEIGHT: 150%; LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Retaking the floor, the </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>representative of the shareholder S&#227;o Paulo State Finance Department, and attorney-in-fact Renato Kenji Higa, based on the Codec Opinion and considering that the matter was approved by the Company&#8217;s Board of Directors and Fiscal Council, and pursuant to article 192 of Law 6.404/76 and its amendments, proposed to allocate the net income for the year 2010: Net income for the year R$1,630,446,626.68; (+) Balance of Retained Earnings of R$56,047,535.34; (-) 5% Legal Reserve of R$81,522,331.33; (-) Minimum Mandatory Dividends of R$387,231,073.84; (-) Additional Proposed Dividends R$68,761,143.43; (-) Investment Reserves of R$1,148,979,613.42. After being submitted to </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>a vote</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> by the Chairman, the proposal of the shareholder S&#227;o Paulo State Finance Department, after registering absences and contrary votes, </FONT><B><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>was approved by the majority of votes</FONT></U></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>. Then, the Chairman discussed </FONT><B><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>item &#8220;III&#8221;</FONT></U></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> on the Agenda, &#8220;Change the newspaper used for the publication of Sabesp's financial statements and corporate acts from Folha de S&#227;o Paulo to Valor Econ&#244;mico.&#8221; The representative of the shareholder S&#227;o Paulo State Finance Department, and attorney-in-fact Renato Kenji Higa, based on the Codec Opinion proposed to change the newspaper used for the publication of Sabesp&#8217;s financial statements and corporate acts from Folha de S&#227;o Paulo to Valor Econ&#244;mico. After being submitted to </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>a vote </FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>by the Chairman, the proposal of the shareholder S&#227;o Paulo State Finance Department, after registering absences and contrary votes, </FONT><B><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>was approved by the majority of votes</FONT></U></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>. Moving on, the Chairman discussed </FONT><B><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>&#8220;item IV&#8221; </FONT></U></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>of the Agenda, &#8220;Elect the members of the Board of Directors and the sitting and deputy members of the Fiscal Council and establish their compensation.&#8221; The representative of the shareholder S&#227;o Paulo State Finance Department, and attorney-in-fact Renato Kenji Higa, based on the Codec Opinion 104/2011 and pursuant to authorization from the Chief of Staff Office, in accordance with notice 158/11-CC, appointed the following members to comprise the</FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> Board of Directors </FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>to complete de Board's term of office to end on April 29, 2012: EDSON DE OLIVEIRA GIRIBONI, SIDNEY ESTANISLAU BERALDO, WALTER TESCH, ALBERTO GOLDMAN and ANDREA SANDRO CALABI, ratifying that REINALDO GUERREIRO, JER&#212;NIMO ANTUNES, HERALDO GILBERTO DE OLIVEIRA and DILMA SELI PENA should remain in office. The minority shareholders also ratified that their representative, Mr. Alexandre Bialer, should remain in office, pursuant to article 239 of Law </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>6.404/76 and its amendments.</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10.5pt" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Following discussion on the proposal, it was put to </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>a vote </FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>and&nbsp;</FONT><B><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> was approved by the majority of votes</FONT></U></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>. The Chairman also submitted to the resolution of the Meeting, pursuant to article 8, paragraph 2 of the Bylaws, the election of the Chairman of the Board of Directors, and the appointment of Mr. EDSON DE OLIVEIRA GIRIBONI for the position of </FONT><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Chairman&nbsp;</FONT></U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> of the Board </FONT><B><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>was approved by the majority of votes.</FONT></U></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> In view of the abovementioned resolutions, the </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Board of Directors</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> shall be composed as follows: </FONT><B><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Chairman:&nbsp;</FONT></U></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Edson de Oliveira Giriboni</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>, Brazilian, married, civil engineer, domiciled at Rua Bela Cintra n&#186; 847, 14&#186; andar, Cerqueira Cesar, in this Capital city, identification document (RG) no. 5.551.251, and inscribed in the roll of individual taxpayers (CPF) under no. 983.613.258-91; </FONT><B><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Board Members:</FONT></U></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> Mr. </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Sidney Estanislau Beraldo</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>, Brazilian, married, business administrator, domiciled at Av. Morumbi n&#186; 4.500, Morumbi, in this capital city, identification document (RG) no. 4.830.856 and inscribed in the roll of individual taxpayers (CPF) under no. 400.743.408-59; Ms.</FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> Dilma Seli Pena</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>, Brazilian, divorced, geographer and masters in public administration, </FONT><FONT style="LINE-HEIGHT: 150%; LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>domiciled at </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Rua Costa Carvalho n&#186;&nbsp;300, Pinheiros, </FONT><FONT style="LINE-HEIGHT: 150%; LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>in this Capital city,</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> identification document (RG) no.&nbsp;216.219 SSP/DF and inscribed in the roll of individual taxpayers (CPF) under no.&nbsp;076.215.821-20; Mr. </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Walter Tesch, </FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Brazilian, married, sociologist, domiciled at Rua Bela Cintra n&#186; 847, 14&#186; andar, Cerqueira Cesar, in this Capital city, identification document (RG) no. 098.629 SSP/DF, and inscribed in the roll of individual taxpayers (CPF) under no. 334.124.720-34; Mr. </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Alberto Goldman</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>, Brazilian, with steady union, civil engineer, resident and domiciled in this Capital city at Rua S&#227;o Vicente de Paula n&#186; 502, apt&#186; 14&#170;, identification document (RG) no.&nbsp;2.049.085-9 SSP/SP and inscribed in the roll of individual taxpayers (CPF) no.&nbsp;011.110.948-53; </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Andrea Sandro Calabi</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>, Brazilian, married, economist, domiciled at Av. Rangel Pestana n&#186; 300, in this Capital city, identification document (RG) no. 2.763.894 SSP/SP and inscribed in roll of individual taxpayers (CPF) under no. 002.107.148-91; Mr. </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Reinaldo Guerreiro</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>, Brazilian, married, accountant, domiciled at Av. Prof. Luciano Gualberto n&#186; 908, Cidade Universit&#225;ria, in this Capital city, identification document (RG) no. 6.156.523-4 SSP/SP&nbsp; and inscribed in the roll of individual taxpayers (CPF) no. 503.946.658-72; Mr.</FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> Jer&#244;nimo Antunes</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>, Brazilian, married, accountant and business administrator, domiciled at Rua Borges Lagoa n&#186; 1080 - conjunto </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>1108, Ibirapuera, in this Capital city, identification document (RG) no.&nbsp;7.988.834-3 and inscribed in the roll of individual taxpayers (CPF) under no. 901.269.398-53; Mr. </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Heraldo Gilberto de Oliveira</FONT></B><FONT style="LINE-HEIGHT: 150%; LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>, Brazilian, married, business administrator and masters in accounting, domiciled at </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Rua Maestro Cardim n&#186; 1170, </FONT><FONT style="LINE-HEIGHT: 150%; LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>in this &nbsp;&nbsp; Capital City,</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> identification document (</FONT><FONT style="LINE-HEIGHT: 150%; LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>RG) no. 37.402.930-1 SSP/SP, inscribed in the roll of individual taxpayers (CPF) under no. 454.094.479-72 </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>and Mr. </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Alexander Bialer</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>, Brazilian, single, mechanical engineer, domiciled at Rua Monte Alegre n&#186; 649, Perdizes, in this Capital City, identification document (RG) no. 3.563.319 SSP/SP and inscribed in the roll of individual taxpayers (CPF) under no. 029.379.568-15. The Board Members shall perform their duties as set forth in the Company&#8217;s Bylaws and their compensation will be established pursuant Codec Opinion no. 001/2007, corresponding to thirty percent (30%) of the Executive Officers&#8217;&#8217; compensation, and shall be paid pursuant to the conditions set forth in Codec Opinion 116/2004. They are also entitled to eventual bonus, pursuant to Codec Opinion 150/2005 and </FONT><I><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>pro rata temporis</FONT></I><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> bonus, set forth in Codec Opinion 057/2003 and article 4 of Codec Resolution 01/91. The Meeting proposes that the Board of Directors members should be paid on the same dates the Company pays bonus to Executive Officers. Amounts paid as bonus are included in the overall limit of bonus payments, set forth in Codec Opinion 057/2003, that is, ten percent (10%) of dividends or interest on shareholders&#8217; equity paid to shareholders. Furthermore, individual bonus paid to Board members cannot exceed six (6) times their monthly compensation established by the General Meeting. The members herein elected shall take office in compliance with the requirements; impediments and procedures set forth in the Brazilian Corporation Law and other provisions, and shall also comply with Codec Resolution 01/2010. Pursuant to item 4.3, section IV of the New Market Listing Rules, Messrs. </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Jer&#244;nimo Antunes,</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Reinaldo Guerreiro and Alexander Bialer</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> remain as </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Independent Members of the Board of Directors.</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> Immediately thereafter, the Chairman of proceeded to the </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Election of the sitting and deputy members of the Fiscal Council</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>, authorizing the attending shareholders to appoint both </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>sitting and deputy </FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>members to compose the Fiscal Council. Then, the representative of the shareholder S&#227;o Paulo State Finance Department, and attorney-in-fact Renato Kenji Higa, based on the aforementioned Codec </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Opinion appointed the following sitting members: JOS&#201; ANTONIO XAVIER, HUMBERTO MACEDO PUCCINELLI and DERALDO DE SOUZA MESQUITA JUNIOR, and the following deputy members: TOM&#193;S BRUGINSKI DE PAULA, JOS&#201; RUBENS GOZZO PEREIRA and JOALDIR REYNALDO MACHADO. The representatives of Banco Fator, Mr. Antonio Cl&#225;udio Zeituni, and of Citibank N.A., HSBC Corretora de T&#237;tulos e Valores Mobili&#225;rios S.A. and Banco Santander Brasil S.A., Rodrigo de Mesquita Pereira, pursuant to article 240 of Law 6,404/76 and its amendments, respectively appointed for sitting and deputy members of the Fiscal Council, Messrs.: ALEXANDRE LUIZ OLIVEIRA DE TOLEDO and ANTONIO CL&#193;UDIO ZEITUNI. Following discussion on the proposals, they were put to </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>a vote</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> and </FONT><B><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>were approved by the majority of votes</FONT></U></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>. The Fiscal Council, with term of office of one (1) year, is composed as follows: </FONT><B><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Sitting Members:</FONT></U></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> Messrs. </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Jos&#233; Antonio Xavier</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>, Brazilian, married, economist, domiciled at Av. Rangel Pestana n&#186; 300, in this Capital city, identification document (RG) no. 8.503.413 SSP/SP and inscribed in roll of individual taxpayers (CPF) under no. 036.215.928-90; </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Humberto Macedo Puccinelli,</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> Brazilian, divorced, economist, domiciled at Av. Rangel Pestana n&#186; 300, Centro, in this Capital city, identification document (RG) no. 9.211.361 SSP/SP and inscribed in roll of individual taxpayers (CPF) under no. 022.759.188-76; </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Deraldo de Souza Mesquita Junior</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>, Brazilian, married, economist, domiciled at Al. Santos n&#186; 1165, Cerqueira Cesar, in this Capital city, identification document (RG) no.&nbsp;10.946.854 SSP/SP and inscribed in the roll of individual taxpayers (CPF) under no. 079.530.638-59 and </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Alexandre Luiz Oliveira de Toledo</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>, Brazilian, married, lawyer, domiciled at Rua Quinze de Novembro n&#186; 184, Centro, in this Capital city, identification document (RG) no.&nbsp;7.547.108 SSP/SP and inscribed in the roll of individual taxpayers (CPF) under no. 037.446.598-36. </FONT><B><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Deputy Members</FONT></U></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>, respectively Messrs. </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Tom&#225;s Bruginski de Paula</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>, Brazilian, single, economist, domiciled at Av. Rangel Pestana n&#186; 300, Centro, in this Capital city, identification document (RG) no.&nbsp;1.554.630-1 SSP/PR and inscribed in the roll of individual taxpayers (CPF) under no. 092.553.068-98; </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Jos&#233; Rubens Gozzo Pereira, </FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Brazilian, married, economist, domiciled at Av. Rangel Pestana n&#186; 300, Centro, in this Capital city, identification document (RG) no. 4.610.935 SSP/SP and inscribed in roll of individual taxpayers (CPF) under no. 309.106.178-72; </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Joaldir Reynaldo Machado</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>, Brazilian, </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>married, economist, domiciled at Alameda Ja&#250; n&#186; 389, Cerqueira Cesar, in this Capital city, identification document (RG) no.&nbsp;4.116.666-8 SSP/SP and inscribed in the roll of individual taxpayers (CPF) under no. 430.403.148-15 and </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Antonio Cl&#225;udio Zeituni</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>, Brazilian, married, lawyer, domiciled at Rua Quinze de Novembro n&#186; 184, Centro, in this Capital city, identification document (RG)&nbsp;17.265.911-5 and inscribed in the roll of individual taxpayers (CPF) under no. 148.207.548-18. The Fiscal Council members shall receive a monthly compensation corresponding to twenty percent (20%) of the monthly compensation received by the Company&#8217;s Executive Officers, provided that they attend at least one monthly meeting and shall also be entitled to pro-rata temporis bonus paid in December, pursuant to Codec resolution 01/91. &nbsp;The Fiscal Council members herein elected shall have a term of office up to the following Annual General Meeting and, in case a sitting member cannot attend the meeting, he shall inform the Company&#8217;s Secretariat &#8211; PPS, in order to call his deputy. The Fiscal Council members herein elected shall take office in compliance with the requirements, impediments and procedures set forth in the Brazilian Corporation Law and other provisions. Regarding the Statement of Property, the applicable state rule shall be complied with, as well as the Statement of Consent, set forth in the New Market Listing Rules of BM&amp;FBOVESPA and other legal requirements.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Following, the Chairman examined the Agenda of the </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>EXTRAORDINARY GENERAL MEETING.</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> </FONT><B><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Item "I&#8221; </FONT></U></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>of the Agenda was brought to discussion: "Change the Bylaws, with the amendment of article 15, new wording of items VII and VIII:</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>new wording of item I of paragraph 2; include items:</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>VIII and IX of paragraph 3; new wording of Item IV of paragraph 5;</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Add Chapter XIII &#8211; Committee of Regulatory Matters and article 38, paragraphs:</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>1, 2, 3 and 4;</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Add article 39; Renumber Chapter XIV article 40, Chapter XV, articles 41, 42, 43, 44, 45, Chapter XVI, article 46, Chapter XVII, articles 47, 48 and Add articles 49 and 50&#8221;.</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>The representative of the shareholder S&#227;o Paulo State Finance Department, and attorney-in-fact Renato Kenji Higa, based on the Codec Opinion,&nbsp;<FONT style="FONT-SIZE: 10pt" face=Verdana>p</FONT>oint<FONT style="FONT-SIZE: 10pt" face=Verdana>ed</FONT> out that the first amendment refers to the creation of the statutory body called&nbsp;Committee of Regulatory Affairs. Therefore, it is necessary to amend </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Article 15, which refers to the officers duties and include a chapter called &#8220;Committee of Regulatory Affairs&#8221;, with two new articles and accordingly their renumbering. The proposal to amend Article 15 alters Paragraph 1, VII and VIII with the inclusion of a new item; Paragraph 2, I; Paragraph 3, VIII and IX, and Paragraph 5, including the new item, altering the numbering of the following items. The same applies to the creation and inclusion of Chapter XIII &#8211; Committee of Regulatory Affairs. New inclusions shall also be made in the Company&#8217;s Bylaws, in order to comply with the provision of Article 5, of State Decree n&#186; 56,677, of January 19, 2011, by including other two new articles. And, considering that the subject was approved by the Board of Directors, proposed to approve the amendments to the Bylaws. After being submitted to </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>a vote</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> by the Chairman, the proposal of the shareholder S&#227;o Paulo State Finance Department, after registering absences and contrary votes, </FONT><B><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>was approved by the majority of votes</FONT></U></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> to amend the Bylaws, with the following wording:</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>ARTICLE 15 &#8211; </FONT></B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>The Executive Board shall be composed of six (6) members, all with a two (2)-year unified term of office, reelection is allowed.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Paragraph 1 &#8211; </FONT></B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>The CEO is responsible for:</FONT></P>

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<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; COLOR: #000000; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>representing the Company, as plaintiff or defendant, in or out of court, and may constitute, for such purpose, attorney with special powers, including powers to receive initial summons and notifications, pursuant to article 19 of these bylaws;</FONT><FONT style="COLOR: #000000"> </FONT><FONT style="COLOR: #000000">

<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>call and preside the executive board&#8217;s meetings;</FONT>

<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>coordinate the executive board&#8217;s activities;</FONT>

<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>issue acts and resolutions that are related to or resulting from the executive board&#8217;s resolutions;</FONT>

<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>coordinate the Company&#8217;s ordinary management, including the implementation of policies and the execution of resolutions taken by the shareholders&#8217; general meeting, board of directors and joint executive board;</FONT>

<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>coordinate the activities of other executive officers;</FONT>

<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>preside over the Regulatory Affairs Committee;</FONT>

<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>coordinate, evaluate and control duties related to:</FONT> </FONT></LI></OL><FONT style="COLOR: #000000">

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18pt; MARGIN: 0cm 0pt 0pt 36pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>a)</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>CEO office;</FONT></P></FONT>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18pt; MARGIN: 0cm 0pt 0pt 36pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=#8db3e2 face=Verdana,sans-serif><FONT style="COLOR: #000000">b)</FONT></FONT><FONT style="COLOR: #000000"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>integrated planning, corporate management and structuring;</FONT></FONT></P><FONT style="COLOR: #000000">

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18pt; MARGIN: 0cm 0pt 0pt 36pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>c)</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>communication;&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18pt; MARGIN: 0cm 0pt 0pt 36pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>d)</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>negotiation of concession contracts;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18pt; MARGIN: 0cm 0pt 0pt 36pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>e)</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>auditing; and</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18pt; MARGIN: 0cm 0pt 0pt 36pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>f)</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>ombudsman.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Paragraph 2 &#8211;</FONT></B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> The Corporate Management Officer is responsible for:</FONT></P>

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<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>commercial processes and relationship with clients;</FONT>

<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>human resources, quality and social responsibility;</FONT>

<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>information technology;</FONT>

<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>property;</FONT>

<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>legal affairs; and</FONT>

<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>supplies and contracts.</FONT> </LI></OL></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Paragraph 3 </FONT></B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>&#8211;The Chief Financial and Investor Relations Officer shall be responsible for: </FONT></P>

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<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>planning, raising and allocating financial resources; </FONT>

<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>control department;</FONT>

<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>accounting;</FONT>

<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>investor relations; </FONT>

<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>operations in the capital markets and other financial operations; </FONT>

<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>indebtedness control; </FONT>

<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>corporate governance;</FONT>

<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>costs and tariffs;</FONT>

<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>participating in the Regulatory Affairs Committee and implementing the Committee&#8217;s guidelines in the executive board, supported by the Regulatory Affairs Department.</FONT> </LI></OL>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>(&#8230;)</FONT> </P></FONT>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><B><FONT style="LINE-HEIGHT: 115%; COLOR: #000000; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Paragraph 5</FONT></B><FONT style="LINE-HEIGHT: 115%; COLOR: #000000; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> &#8211;The Metropolitan Officer, in the metropolitan area of S&#227;o Paulo, and the Regional Systems Officer, in the other areas of company operation in the State of S&#227;o Paulo shall be responsible for: </FONT></P><FONT style="COLOR: #000000">

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif></FONT></B>&nbsp;</P>

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<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>operation, maintenance and execution of works and services in the system of water supply, sewage collection and treatment, including in wholesale; </FONT>

<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>commercial relations and customer service; </FONT>

<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>control of the economic-financial and operational performance of its business units; </FONT>

<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>participating in the Regulatory Affairs Committee and implementing in the respective executive boards the regulatory guidelines as defined by the Committee, supported by the Regulatory Affairs Department.</FONT>

<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>advisement to autonomous municipalities of water supply and sanitary sewage systems; </FONT>

<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>negotiation of concessions with holders of services; and </FONT>

<LI style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>negotiation with the community and city halls, aiming at aligning the interests of its clients and of the company.</FONT> </LI></OL>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><B><U><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif></FONT></U></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>(&#8230;)</FONT></P></FONT>

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<P style="TEXT-ALIGN: center; MARGIN: 0cm 0pt 0pt 0cm" align=center><B><FONT style="LINE-HEIGHT: 115%; COLOR: #000000; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>CHAPTER XIII</FONT></B></P><FONT style="COLOR: #000000">

<P style="TEXT-ALIGN: center; MARGIN: 0cm 0pt 0pt 0cm" align=center><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>REGULATORY AFFAIRS COMMITTEE</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>ARTICLE 38 </FONT></B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>&#8211; The Regulatory Affairs Committee is a joint committee composed of the chief executive officer and (1) chief financial and investor relations officer (2) metropolitan officer and (3) regional system officer, in charge of defining the guidelines, strategies and regulation recommendations for the Company and coordinating the works of the Regulatory Affairs Department, except for the Board of Directors&#8217; authority.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Paragraph 1</FONT></B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> &#8211; The CEO shall preside over the Committee and propose its charter to be approved by the joint committee.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Paragraph 2 </FONT></B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>&#8211; The Head of the Regulatory Affairs Department shall be the executive secretary of the Committee who shall attend the Committee&#8217;s meetings.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Paragraph 3 </FONT></B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>&#8211; This body&#8217;s resolutions shall have a binding effect, and it shall be incumbent upon the executive boards to implement them within the scope of their authority.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Paragraph 4 </FONT></B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>- the executive board not composing the joint committee shall be previously consulted about the issues involving activities under its responsibility.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>ARTICLE 39 </FONT></B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>&#8211; The Regulatory Affairs Committee shall hold ordinary meetings, at least, monthly and extraordinarily, when summoned by any of its members.<BR><BR></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>(&#8230;)</FONT></P></FONT>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><B><FONT style="LINE-HEIGHT: 115%; COLOR: #000000; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>ARTICLE 49 </FONT></B><FONT style="LINE-HEIGHT: 115%; COLOR: #000000; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>&#8211; In view of the provisions in Article 101 of the S&#227;o Paulo State Constitution, regulated by State Decree 56,677 of January 19, 2011, the engagement of attorney liable for heading the Company's legal services shall be subject to the approval of the person appointed by the State Attorney General, observing objective qualification, expertise and professional experience criteria.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><B><FONT style="LINE-HEIGHT: 115%; COLOR: #000000; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>ARTICLE 50 </FONT></B><FONT style="LINE-HEIGHT: 115%; COLOR: #000000; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>&#8211; The Company shall allow the direct dialogue of its attorneys with the State Attorney General or another State Attorney appointed thereby, aiming at ensuring a continued and coordinated performance, observing the limits set forth in Article 101 of the State Constitution, in compliance with the duties and prerogatives inherent to his professional activity.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Votes were as follows:</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Mrs. Fany Andrade Galkowicz, Brazilian, legally separated, bank clerk, identification document (RG) no. 328,257,801, representative of shareholder The Bank Of New York Mellon, whose </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>power of attorney</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> was initialed by the presiding board and recorded under</FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> no. 01</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>, presented the following statement of vote:</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>as to </FONT><I><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>item I</FONT></U></I><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> of the Annual General Meeting agenda, 25,479,444 votes in favor, 54,772 contrary votes and 1,941,434 absences;</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><I><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>item II</FONT></U></I><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> 27,445,778 votes in favor, 7,500 contrary votes and 22,372 absences;</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><I><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>item III </FONT></U></I><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>27,414,952 votes in favor, 34,892 contrary votes and 25,806 absences and</FONT><I><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> item IV</FONT></U></I><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> 2,966,920 in favor, 19,892,850 contrary votes and 4,623,080 absences.</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>As to</FONT><I><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> </FONT></I><I><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>item I</FONT></U></I><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> of the Extraordinary General Meeting agenda, 27,187,734 votes in favor, 575,438 contrary votes and 74,274 absences.</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Following, Mr. Rodrigo de Mesquita Pereira, Brazilian, married, Brazilian Bar Association (OAB/SP) no. 94,005, representative of shareholders Banco Santanter Brasil S.A., HSBC Corretora de T&#237;tulos e Valores Mobili&#225;rios S.A. and Citibank N.A., whose </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>powers of attorney</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> were initialed by the presiding board and recorded under </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>no. 2</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>, presented the statement of vote in favor of</FONT><I><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> items I, II and III</FONT></U></I><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> and a contrary vote for</FONT><I><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> item IV </FONT></U></I><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>of the Annual General Meeting&#8217;s agenda. As to </FONT><I><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>item I </FONT></U></I><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>of the Extraordinary General Meeting, he presented a statement of vote in favor of the subject; Power of attorney </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>no. 3</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> presented the following statement of vote:</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>In favor of</FONT><I><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> items I, II and III</FONT></U></I><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> </FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>of the Annual General Meeting and regarding</FONT><I><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> item IV</FONT></U></I><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>, 2 votes in favor and 15 contrary votes, namely:</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>CHASE MANHATTAN BANK AS TRUSTEE OF THE RJ REYNOLDS </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>TOBACCO COMP DEF BENEF, DOW EMPRLOYESS PENSION PLAN, EMPLOYESS RETIREMENT SYSTEM OF TEXAS,&nbsp; JF SAR GLOBAL EMERGING MARKETS FUND, NORGES BANK, QANTAS SUPERANNUAL LIMITED AS TRUSTEE FOR THE QANTAS SUPERANNUATION PLAN, RETAIL EMPLOYEES SUPERANNUATION PTY LIMITED,STATE OF NEY MEXICO EDUCATIONAL RETIREMENT COUNCIL, STATE OF WYOMING, WYOMING STATE TREASURER, THE PUBLIC EDUCATIONAL EMPLOYEE RETIREMENT SYSTEM OF MISSOURI, THE PUBLIC SCHOOL RETIREMENT SYSTEM OF MISSOURI, VANGUARD INVESTIMENT SERIES, PLC, VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND, A SERIES OF VANG STAR FUN, WASHINGTON STATEMENT BOARD, and 6 absences:</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>FIDELITY ADVISOR SERIES VIII:</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>FIDELITY ADVISOR EMEGING MARKETS FUND, FIDELITY INVESTMENT TRUST:</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>FIDELITY EMERGING MARKETS FUND, STATE OF NEW MEXICO EDUCATION RETIREMENT BOARD, STATE OF NEW MEXICO STATE INVESTIMENT COUNCIL, STICHINTG DEPOSITARY APG EMERGING MARKETS EQUITY POOL..</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>As to </FONT><I><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>item I</FONT></U></I><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> of the Extraordinary General Meeting&#8217;s Agenda, all voted in favor; power of attorney </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>no. 4</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> presented the following statement of vote:</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>all in favor of</FONT><I><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> item I</FONT></U></I><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> of the Annual General Meeting&#8217;s Agenda, except for the following absences:</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>BGI EMERGING MARKETS STRATEGIC INSIGHTS FUND LTD, BLACKROCK INSTITUCIONAL TRUST COMPANY, NA, CITY OF PHILADELPHIA PUBLIC EMPLOYEES RETIREMENT SYSTEM, EMERGING MARKETS INDEX FUND E, EMERGING MARKET SUDAN FREE EQUITY INDEX&nbsp; FUND, ISHARES II PUBLIC LIMITED COMPANY, ISHARES III PUBLIC LIMITED COMPANY, ISHARES MSCI BRAZIL (FREE) INDEX FUND, ISHARES MSCI MARKETS INDEX FUND, ISHARES PUBLIC LIMITED COMPANY and THE CIVIL SERVICE SUPERANNUATION FUND; </FONT><I><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>item II</FONT></U></I><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> 131 in favor, 1 contrary vote:</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>CITY OF PHILADELPHIA PUBLIC EMPLOYEES RETIREMENT SYSTEM and 1 absence:</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>THE CIVIL SERVICE SUPERANNUATION FUND;</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> &nbsp;</FONT><I><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>item III, </FONT></U></I><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>131 in favor and 2 absences:</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>CITY OF PHILADELPHIA PUBLIC EMPLOYEES RETIREMENT SYSTEM and THE CIVIL SERVICE SUPERANNUATION FUND , </FONT><I><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>item IV</FONT></U></I><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> 27 in favor, 84 contrary votes:</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>ABU DHABI RETIREMENT PENSIONS AND BENEFIT FUND, ACADIAN&nbsp; EMERGING MARKETS EQUITY II FUND, LLC, ADVANCED SERIES TRUST &#8211; AST J.P.</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>MORGAN STRATEGIES OPPORTUNITIES PORTFOLIO, ASCENSION HEALTH, ASCENSION HEALTH MASTER PENSION TRUST, AT&amp;T UNION WELFARE BENEFIT TRUST, BELLSOUTH </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>CORPORATION RFA VEBA TRUST FOR NON-REPRESENTABLE EMPLOYEES, BELLSOUTH CORPORATION RFA VEBA TRUST, BGI EMERGING MARKETS STRATEGIC INSIGHTS FUND LTD, BLACKROCK INSTITUTIONAL TRUST COMPANY, NA, BRANDES EMERGING MARKET EQUITY FUND, BRUNEI INVESTIMENT AGENCY CAISSE DE DEPOT ET PLACEMENT DU QUEBEC, CIBC EMERGING MARKETS INDEX FUND COLLEGES OF APPLIED ARTS AND TECHNOLOGY PENSION PLAN, COUNTY EMPLOYEES ANNUITY AND BENEFIT FUND OF COOK COUNTY, EMERGING MARKET INDEX FUND E, EMERGING MARKETS SUDAN FREE EQUITY INDEX FUND, EMPLOYEES RETIREMENT PLAN OF BROOKLYN UNION GAS, FIDELITY FIXED-INCOME TRUST:</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>FIDELITY SERIES GLOBAL EX US INDEX FUND, FORD MOTORS COMPANY DEFINED BENEFIT MASTER TRUST, FORD MOTORS COMPANY OF CANADA, LIMITED PENSION TRUST, FUTURE FUND BOARD OF GUARDIANS GMAN INVESTIMENT FUNDS TRUST, IBM DIVERSIFIELD GLOBAL EQUITY FUND, IBM SAVINGS PLAN, ILLINOIS STATE BOARD OF INVESTIMENT, IMPERIAL EMERGING ECONOMIES POOL, ISHARES II PUBLIC LIMITED COMPANY, ISHARES III PUBLIC LIMITED COMPANY, ISHARES MSCI EMERGING MARKETS INDEX FUND, ISHARES PUBLIC LLIMITED COMPANY, JOHN HANCOCK FUNDS II INTERNATIONAL EQUITY INDEX FUND, JOHN HANCOCK TRUST INTERNATIONAL EQUITY INDEX FUND TRUST A, JOHN HANCOCK TRUST INTERNATIONAL EQUITY INDEX FUND TRUST B, KAISER PERMANENTE RETIREMENT PLAN, LINCOLN VARIABLE INSURANCE PRODUCTS, LONDON LIFE INSURANCE COMPANY, MACQUARIE INVESTIMENT MANAGEMENT LTD AS RESP ENTITY FOR ARROSTREET EMERGING MARKETS F, MACQUIRIE INV MANAG LTS AS RESPONSIBLE ENTITY FOR ARROWSTREET GLOBAL EQ FU, MANAGED PENSION FUNDS LIMITED,&nbsp; MINISTRY OF STRATEGY AND FINANCE, NEW ZEALAND SUPERANNUATION FUND, NORTHERN TRUST NON-UCITS COMOM CONTRACTUAL FUND, NORTHERN TRUST QUANTITATIVE FUND PLC, ROBECO CAPITAL GROWTH FUNDS, RUSSEL INVESTIMENT COMPANY PUBLIC LIMITED COMPANY, SOUTH DAKOTA RETIREMENT SYSTEM, SOUTHERN CA EDISON CO NUCLEAR FAC QUAL CPUC DECOM M T FOR SAN ONOFRE AND PQ,&nbsp; SSGA ACTIVE EMERGING MARKETS SELECT SECURITIES LENDING QQIB COMMOM TRUST FU, SSGA MSCI BRAZIL INDEX NON-LENDING QP COMMOM TRUST FUND, STATE OF CONNECTICUT RETIREMENT PLANS AND TRUST FUNDS, STATE OF WISCONSIN INVESTIMENT BOARD MASTER </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>TRUST, STATE STREET EMERGING MARKETS, STATE STREET GLOBAL ADVISORS, CAYMAN LTDA, STICHTING CUSTODY ROBECO INSTITUTIONAL,&nbsp; TEACHER RETIREMENT SYSTEM OF TEXAS, THE MCGRAW HILL RETIREMENT PLAN COLLECTIVE INVESTIMENT TRUST, THE MONETARY AUTHORITY OF SINGAPORE, THE NORTHWESTERN MUTUAL LIFE INSURANCE CO, THE PENSION RESERVES INVESTIMENT MANAGEMENT BOARD, UNIVERSITY OF WASHINGTON, UPS GROUP TRUST, VANGUARD EMERGING MARKETS STOCK MARKETS STOCK INDEX FUND,&nbsp; VANGUARD FTSE ALL-WORD EX-US INDEX FUND, A SERIES, OF VANG INT EQ IN FUNDS, VANGUARD TOTAL WORLD STOCK INDEX FUND, A SERIES OF VANGUARD INT EQ I F, WELLINGTON MANAGEMENT PORTFOLIO (LUXEMBOURG) III &#8211; DIVERSIFIED ALPHA STRATEGIES PORT, WELLINGTON TRUST COMPANY NA, WEST VIRGINIA INVESTIMET MANAGEMENT BOARD, WHEELS COMMON INVESTIMENT FUND, WSIB INVESTMEN PUBLIC EQUITIES POOLED FUND TRUST; and 22 absences:</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>COLLEGE RETIREMENT EQUITIES FUND, FIDELITY EMERGING MARKETS FUND, FIDELITY GLOBAL DISCIPLINED EQUITY FUND, FIDELITY GLOBAL OPPORTUNITIES FUND, FIDELITY INTERNATIONAL DISCIPLINED EQUITY FUND, JOHN DEERE PENSION TRUST, PUBLIC EMPLOYEE RETIREMENT SYSTEM OF IDAHO, PYRAMIS EMERGING MARKET&nbsp; EQUIY TRUST, PYRAMIS GROUP TRUST FOR EMPLOYEE BENEFIT PLANS, PYRAMIS GROUP TRUST FOR EMPLOYEE BENEFIT PLANS:</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>PYRAMIS EM MKTS COMMINGLED POOL, PYRAMIS SELECT EMERGING MARKETS EQUITY TRUST, RAYTHEON COMPANY MASTER TRUST, SCHWAB FUNDAMENTAL EMERGING MARKETS INDEX FUND, STATE OF OREGON, THE CIVIL SERVICE SUPERANNUATION FUND,&nbsp; TIAA-CREF FUNDSD &#8211; TIAA-CREF EMERGING MARKETS EQUITY FUNDS, TIAA-CREF FUNDSD &#8211; TIAA-CREF EMERGING MARKETS EQUITY INDEX FUND, VARIABLE INSURANCE PRODUCTS FUND IV EMERGING MARKETS PORTFOLIO.</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>As to </FONT><I><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>item I</FONT></U></I><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> of the Extraordinary General Meeting&#8217;s Agenda 131 votes in favor and 02 absences:</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>CITY OF PHILADELPHIA PUBLIC EMPLOYEES RETIREMENT SYSTEM and THE CIVIL SERVICE SUPERANNUATION FUND.</FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US color=black face=Verdana,sans-serif> </FONT><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Following, Mr. Antonio Cl&#225;udio Zeituni, Brazilian, married, lawyer, Brazilian Bar Association (OAB/SP) no. 123.355, representative of shareholder Banco Fator S/A, whose </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>power of attorney </FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>was initialed by the presiding board and recorded under</FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> no.</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> </FONT><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>5</FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>, presented the statement of vote in favor of </FONT><I><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>item&nbsp;</FONT></U></I><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> </FONT></U><I><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>IV&nbsp;</FONT></U></I><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> of the Annual General Meeting&#8217;s Agenda and <FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>abstained from voting on </FONT><I><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>items I, II, III</FONT></U></I><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> of the same meeting and </FONT><I><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>item I</FONT></U></I><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> of Extraordinary General Meeting.</FONT></FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>The drawing up of these minutes in summary format and its publication without the signatures of the attending Shareholders, pursuant to article 130, paragraphs 1 and 2 of Law 6.404/76, was approved by unanimous vote.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><B><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>CLOSURE AND SIGNATURE OF THE MINUTES:</FONT></U></B><B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif> </FONT></B><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>There being no further business on the agenda, the Chairman thanked the shareholders for their attendance and the Extraordinary and Annual General Meetings were adjourned for these minutes to be drawn up, which were read, approved and signed by the Chairman, the Secretaries of the Meeting and the attending shareholders, who comprise the quorum necessary for the resolutions to be made. </FONT><B><U><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>DOCUMENTS FILED at the Company's Secretariat - PPS.</FONT></U></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0cm 0cm"><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>S&#227;o Paulo, April 28, 2011.</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0pt 0pt 0cm" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Verdana,sans-serif>Representative of the S&#227;o Paulo State Finance Department</FONT></P></TD></TR>

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<DIV align=justify><FONT color=#000000 size=3 face="Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, in the city S&#227;o Paulo, Brazil. <BR></FONT></DIV>

<DIV align=justify><FONT color=#000000 size=3 face="Times New Roman">Date:&nbsp;May 12, 2011</FONT></DIV>

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   <DIV align=left><FONT color=#000000 size=3 face="Times New Roman"><B>Companhia de Saneamento B&#225;sico do Estado de S&#227;o Paulo - SABESP </B></FONT></DIV></TD></TR>

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   <TD vAlign=top align=left><FONT color=#000000 size=2 face="Times New Roman">By:</FONT></TD>

   <TD vAlign=bottom align=left>/s/&nbsp;<FONT color=#000000 size=2 face="Times New Roman">Rui de Britto &#193;lvares Affonso&nbsp;</FONT>&nbsp;

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   <DIV align=left><FONT color=#000000 size=2 face="Times New Roman">Name: Rui de Britto &#193;lvares Affonso </FONT></DIV>

   <DIV align=left><FONT color=#000000 size=2 face="Times New Roman">Title: Chief Financial Officer and Investor Relations Officer </FONT></DIV></TD>

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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>FORWARD-LOOKING STATEMENTS </B></FONT></DIV>

<P align=justify><FONT size=2 face="'Times New Roman, Times, Serif'">This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations. </FONT></P>

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