<SEC-DOCUMENT>0001292814-15-001324.txt : 20150522
<SEC-HEADER>0001292814-15-001324.hdr.sgml : 20150522
<ACCEPTANCE-DATETIME>20150521193339
ACCESSION NUMBER:		0001292814-15-001324
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20150630
FILED AS OF DATE:		20150522
DATE AS OF CHANGE:		20150521

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:		15884203

	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>sbs20150520_6k.htm
<DESCRIPTION>FORM 6-K
<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 20, 2015</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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<H1 style="TEXT-ALIGN: center; LINE-HEIGHT: 100%; MARGIN: 3.5pt 56.4pt 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=Verdana,sans-serif>COMPANHIA DE SANEAMENTO B&#193;SICO DO ESTADO DE S&#195;O PAULO &#8211;</FONT></B><B><FONT style="LETTER-SPACING: -1pt; FONT-SIZE: 9pt" face=Verdana,sans-serif> </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=Verdana,sans-serif>SABESP PUBLICLY HELD COMPANY</FONT></B></H1>

<H1 style="TEXT-ALIGN: center; LINE-HEIGHT: 100%; MARGIN: 3.5pt 56.4pt 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Verdana,sans-serif>Corporate Taxpayer ID (CNPJ/MF): 43.776.517/0001-80</FONT></B></H1>

<H1 style="TEXT-ALIGN: center; LINE-HEIGHT: 100%; MARGIN: 3.5pt 56.4pt 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Verdana,sans-serif>Company Registry (NIRE): 35.3000.1683-1</FONT></B></H1>

<H1 style="TEXT-ALIGN: center; LINE-HEIGHT: 100%; MARGIN: 3.5pt 56.4pt 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Verdana,sans-serif>SUBSCRIBED AND PAID-IN CAPITAL- R$10,000,000,000.00</FONT></B></H1>

<H1 style="TEXT-ALIGN: center; LINE-HEIGHT: 100%; MARGIN: 3.5pt 56.4pt 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Verdana,sans-serif></FONT></B>&nbsp;</H1>

<H1 style="TEXT-ALIGN: center; LINE-HEIGHT: 100%; MARGIN: 3.5pt 56.4pt 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Verdana,sans-serif>MINUTES OF THE ANNUAL SHAREHOLDERS&#8217; MEETING </FONT></B></H1>

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<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 148%; MARGIN: 0cm 6.1pt 0cm 5.75pt"><B><U><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Verdana,sans-serif>DATE, TIME AND VENUE:</FONT></U></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> On April 30, 2015 at 11:00 a.m., at the Company's headquarters, located at Rua Costa Carvalho, n&#186; 300, in the city and state of S&#227;o Paulo.</FONT></P>

<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 148%; MARGIN: 0cm 6.1pt 0cm 5.75pt"><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 148%; MARGIN: 0cm 6.1pt 0cm 5.75pt"><B><U><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Verdana,sans-serif>CALL NOTICE</FONT></U></B><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>:</FONT></B><B><FONT style="LETTER-SPACING: 0.5pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>The Call Notice was published on March 28, 30 and 31 and on April 1, 2015 editions of the Official Gazette of the State of S&#227;o Paulo and Valor Econ&#244;mico newspaper.</FONT></P>

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<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 148%; MARGIN: 0cm 5.95pt 0cm 5.75pt"><B><U><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Verdana,sans-serif>ATTENDANCE</FONT></U></B><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>: </FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Shareholders representing more than two thirds of the capital stock, as per the signatures in the Shareholders&#8217; Attendance Book.</FONT></P>

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<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 150%; MARGIN: 0cm 5.9pt 0cm 5.75pt"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Jer&#244;nimo Antunes, member of the Board of Directors and Coordinator of the Audit Committee, D&#233;lio Rocha Leite, representative of the independent auditor Deloitte Touche Tohmatsu</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>,</FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> Humberto Macedo Puccinelli, member of Sabesp&#8217;s Fiscal Council, Marcelo Miyagui, Head pf Accounting, M&#225;rio A. de </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>A. </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Sampaio, Head of Funding and Investor Relations,</FONT><FONT style="LETTER-SPACING: 1.3pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Angela</FONT><FONT style="LETTER-SPACING: 1.3pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Beatriz</FONT><FONT style="LETTER-SPACING: 1.05pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Airoldi,</FONT><FONT style="LETTER-SPACING: 1.3pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Investor Relations Manager,</FONT><FONT style="LETTER-SPACING: 1.3pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Priscila Costa da Silva, Investor Relations Analyst, John Emerson</FONT><FONT style="LETTER-SPACING: -0.05pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Silva, Investor Relations Analyst, and Beatriz Helena de Almeida and</FONT><FONT style="LETTER-SPACING: 1.4pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Silva Lorenzi and Ieda Nigro Nunes Chereim, lawyers of the Legal Department, also attended the meeting.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 5.75pt"><B><U><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Verdana,sans-serif>PRESIDING BOARD</FONT></U></B><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>: </FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Chairman: Jer&#244;nimo Antunes. </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=PT-BR face=Verdana,sans-serif>Secretaries: Celina Y. Ozawa and Marialve de S.</FONT><FONT style="LETTER-SPACING: -1.5pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=PT-BR face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=PT-BR face=Verdana,sans-serif>Martins.</FONT></P>

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<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 150%; MARGIN: 3.5pt 5.65pt 0pt 5.75pt"><B><U><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Verdana,sans-serif>PUBLICATIONS</FONT></U></B><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>: </FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Management Report and Financial Statements, together with the Report of Fiscal Council, Report of the Independent Auditors and Summary of the Annual Report of the Audit Committee, for the fiscal year ended December 31, 2014, published on March 28, 2015 in the Official Gazette of the State of S&#227;o Paulo, Business Section 2, pages 02 to 22, and on March 30, 2015 in the Valor Econ&#244;mico newspaper, &#8220;Caderno Regional S&#227;o Paulo&#8221; Section, pages E13 to E34. The documents above were also made available to shareholders at the Company&#8217;s headquarters and on the website of the Company, of CVM and the BM&amp;FBOVESPA, with the proposal from management containing the capital budget and other document pursuant to applicable legislation.</FONT></P><FONT style="LINE-HEIGHT: 150%" face=calibri,sans-serif></FONT>

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<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 150%; MARGIN: 0cm 5.75pt"><B><U><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Verdana,sans-serif>AGENDA</FONT></U></B><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>: I. </FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Examination of the Annual Management Report for the fiscal year ended December 31, 2014;</FONT><FONT style="LINE-HEIGHT: 150%"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT></FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>resolution on the Company&#8217;s Financial Statements for the fiscal year ended December 31, 2014, namely: Balance Sheet, and the respective Income Statements, Changes in Shareholders&#8217; Equity, Cash Flow, Value Added and Notes to the Financial Statements, accompanied by the Reports by the Independent Auditors, Fiscal Council&#8217;s Opinion and Summary of the Annual Audit Committee Report. </FONT><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>II</FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>.</FONT><FONT style="LETTER-SPACING: 0.9pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Resolution on the allocation of net income for the year</FONT><FONT style="LETTER-SPACING: 1pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>2014,</FONT><FONT style="LETTER-SPACING: 0.9pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>III</FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>.</FONT><FONT style="LETTER-SPACING: 0.95pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Election of the members of the Fiscal Council for terms until 2016.</FONT><FONT style="LETTER-SPACING: 0.7pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>IV</FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>.</FONT><FONT style="LETTER-SPACING: 0.7pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Establishment of the total annual compensation for the members of the Board of Directors and for the Fiscal Council to fiscal year 2015.</FONT></P>

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<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 150%; MARGIN: 0cm 5.95pt 0cm 5.75pt"><B><U><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Verdana,sans-serif>CLARIFICATIONS</FONT></U></B><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>: </FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>1) These matters were considered by the Council for the Defense of State Capital (CODEC), in Process S.F. no. 12091-270588/2015, whose vote guidance of the representative of the S&#227;o Paulo&#8217;s Treasury Office is included in CODEC Opinion no. 086/2015,</FONT><FONT style="LETTER-SPACING: 0.9pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>of April 28, 2015.</FONT></P>

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<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 150%; MARGIN: 0cm 5.7pt 0cm 5.75pt"><B><U><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Verdana,sans-serif>RESOLUTIONS</FONT></U></B><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>: </FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>The Chairman of the Meeting opened discussion on </FONT><B><U><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Verdana,sans-serif>item I</FONT></U></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> of the Agenda. The representative and proxy of the shareholder S&#227;o Paulo State&#8217;s Treasury Office Carlos Eduardo Teixeira Braga, based on Codec Opinion no. 086/2015 and considering that the subject was approved by the Company&#8217;s Board of Directors and Fiscal Council, proposed to approve the Annual Management Report for the fiscal year ended on December 31, 2014; the Company&#8217;s Financial Statements for the fiscal year ended on December 31, 2014, namely: Balance Sheet and the respective Statements of Income, Changes in Shareholders&#8217; Equity, Cash Flow, Value Added and Notes to the Financial Statements, accompanied by the Reports by the Independent Auditors, Fiscal Council&#8217;s and Summary of the Annual Report of Audit Committee. After being submitted to a </FONT><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>vote</FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> by the Chairman, duly registering abstentions and negative votes, the proposal of the shareholder S&#227;o Paulo State Tax Authority was </FONT><B><U><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Verdana,sans-serif>approved by the majority of votes. &nbsp;&nbsp;</FONT></U></B></P>

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<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 150%; MARGIN: 3.5pt 5.95pt 0pt 5.75pt"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Afterwards, the Chairman discussed </FONT><B><U><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Verdana,sans-serif>item II</FONT></U></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> of the Agenda. The representative and proxy of the shareholder S&#227;o Paulo State Tax Authority Carlos Eduardo Teixeira Braga, based on the CODEC Opinion, proposed to allocate the net income for the year 2014, as follows: Net income for the year - R$</FONT><I><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>902,982,957.29</FONT></I><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>; (-) 5% to Legal Reserve R$</FONT><I><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>45,149,147.86</FONT></I><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>; (-) Minimum Mandatory Dividends R$</FONT><I><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>214,458,452.32</FONT></I><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>; (-) Supplementary Dividends R$</FONT><I><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>37,845,609.23</FONT></I><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>; (-) Investment Reserve R$</FONT><I><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>605,529,747.88</FONT></I><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>. After being submitted to a </FONT><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>vote </FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>by the Chairman, the proposal of the shareholder S&#227;o Paulo State&#8217;s Treasury Office, duly registering abstentions and negative votes, was</FONT><U><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Verdana,sans-serif> </FONT></U><B><U><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Verdana,sans-serif>approved by the majority of votes</FONT></U></B><U><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Verdana,sans-serif>.</FONT></U></P><FONT style="LINE-HEIGHT: 150%" face=calibri,sans-serif></FONT>

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<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 150%; MARGIN: 0cm 5.65pt 0cm 5.75pt"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Moving on, the Chairman discussed </FONT><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>item III</FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> of the Agenda.</FONT><FONT style="LETTER-SPACING: 0.95pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>The representative and proxy of the shareholder S&#227;o Paulo State&#8217;s Treasury Office Carlos Eduardo Teixeira Braga, based on the CODEC Opinion, nominated the following individuals as </FONT><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>sitting members</FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> of the </FONT><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Fiscal Council</FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>:</FONT><FONT style="LETTER-SPACING: 2.45pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>HUMBERTO MACEDO PUCCINELLI, JOALDIR REYNALDO </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>MACHADO, </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>HOR&#193;CIO JOS&#201; FERRAGINO and </FONT><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>RUI </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>BRASIL ASSIS,</FONT><FONT style="LETTER-SPACING: 1.55pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>and as </FONT><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>alternate members</FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>, respectively: TOM&#193;S BRUGINSKI </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>DE </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>PAULA, JOS&#201;</FONT><FONT style="LETTER-SPACING: 2.3pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>RUBENS</FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> GOZZO</FONT><FONT style="LETTER-SPACING: 0.95pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>PEREIRA,</FONT><FONT style="LETTER-SPACING: 1pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>ENIO</FONT><FONT style="LETTER-SPACING: 0.7pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>MARRANO</FONT><FONT style="LETTER-SPACING: 0.95pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>LOPES</FONT><FONT style="LETTER-SPACING: 0.95pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>and</FONT><FONT style="LETTER-SPACING: 1.05pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>M&#193;RCIO</FONT><FONT style="LETTER-SPACING: 0.75pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>REA.</FONT><FONT style="LETTER-SPACING: 1pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>After being submitted to a </FONT><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>vote </FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>by the Chairman, the proposal of the shareholder S&#227;o Paulo State&#8217;s Treasury Office, duly registering abstentions and negative votes, was </FONT><B><U><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Verdana,sans-serif>approved by the majority of votes</FONT></U></B><U><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Verdana,sans-serif>.</FONT></U></P>

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<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 150%; MARGIN: 3.5pt 6.05pt 0pt 5.75pt"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>In this act, pursuant to article 240 of Law 6,404/76, minority shareholders were provided to nominate a sitting member and respective alternate member to the Company&#8217;s Fiscal Council.&nbsp; Antonio Cl&#225;udio Zeituni, representing shareholder Alexander Bialer, holder of 0.0002% of valid shares, presented the nomination for sitting and alternate members of the Fiscal Council, respectively: ALEXANDRE</FONT><FONT style="LETTER-SPACING: 2.3pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>LUIZ</FONT><FONT style="LETTER-SPACING: 2.3pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>OLIVEIRA</FONT><FONT style="LETTER-SPACING: 2.3pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>DE</FONT><FONT style="LETTER-SPACING: 2.3pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>TOLEDO</FONT><FONT style="LETTER-SPACING: 2.35pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>and</FONT><FONT style="LETTER-SPACING: 2.45pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>ANTONIO</FONT><FONT style="LETTER-SPACING: 2.35pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>CL&#193;UDIO</FONT><FONT style="LETTER-SPACING: 2.35pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>ZEITUNI. Subsequently, shareholder Massao Fabio Oya, also representing shareholder Jorge Michel Lepeltier, holders of 0.0004% of valid shares, presented the nomination of&nbsp; MASSAO</FONT><FONT style="LETTER-SPACING: 2.35pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>FABIO</FONT><FONT style="LETTER-SPACING: 2.35pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>OYA</FONT><FONT style="LETTER-SPACING: 2.1pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>and</FONT><FONT style="LETTER-SPACING: 2.4pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>MARIA</FONT><FONT style="LETTER-SPACING: 2.3pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>ELVIRA</FONT><FONT style="LETTER-SPACING: 2.3pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>LOPES GIMENEZ, respectively for the positions of sitting and alternate members of the Fiscal Council. The proposals were discussed and considering the representation of minority shareholders, the votes cast and separate votes resulted in </FONT><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>approval by majority vote of minority shareholders</FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> MASSAO FABIO OYA and MARIA ELVIRA </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>LOPES </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>GIMENEZ, respectively as Sitting Member of the Fiscal Council and Alternate Member of the Fiscal Council. </FONT></P>

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<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 150%; MARGIN: 0cm 5.65pt 0cm 5.75pt"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>The Fiscal Council, with a one (1) year mandate, was structured as follows: </FONT><B><U><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 9pt" lang=EN-US face=Verdana,sans-serif>Sitting Members</FONT></U></B><B><U><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Verdana,sans-serif>:</FONT></U></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Humberto Macedo Puccinelli</FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>, Brazilian, divorced, economist, domiciled</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> at </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Av.</FONT><FONT style="LETTER-SPACING: 0.5pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Rangel</FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> Pestana, 300, </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>6&#186; </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>andar, Centro, in the city and state of S&#227;o Paulo, Identity Card (RG) no. 9.211.361-8 SSP/SP and inscribed in the roll of individual taxpayers (CPF) under number 022.759.188-76; </FONT><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Joaldir Reynaldo Machado</FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>, Brazilian, married, economist, domiciled</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> at Rua </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Bela Cintra, 847,</FONT><FONT style="LETTER-SPACING: 0.05pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>14&#186;</FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> andar, Cerqueira Cesar, in the city and state of S&#227;o Paulo, Identity Card (RG) no. 4.116.666-8 SSP/SP, and inscribed in the roll of individual taxpayers (CPF) under number 430.403.148-15; </FONT><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Hor&#225;cio</FONT></B><B><FONT style="LETTER-SPACING: 2.15pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT></B><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Jos&#233; Ferragino</FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>, Brazilian, married, accountant, domiciled at Al. Santos, 1165, 2&#186; andar, Cerqueira Cesar,</FONT><FONT style="LETTER-SPACING: 0.8pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>in the city and state of S&#227;o Paulo, Identity Card (RG) no.</FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> 4.675.828-8 SSP/SP and inscribed in the roll of individual taxpayers (CPF) under number 531.087.018-00; </FONT><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Rui Brasil Assis</FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>, Brazilian, married, civil engineer, domiciled at</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>&nbsp; </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Rua&nbsp; Bela&nbsp; Cintra,&nbsp; 847,&nbsp; </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>14&#186;&nbsp; </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>andar,&nbsp; Cerqueira&nbsp; Cesar,&nbsp; in the city and state of S&#227;o Paulo, Identity Card (RG) no.&nbsp;6.355.316-8 SSP/SP and inscribed in the roll of individual taxpayers (CPF) under number 923.245.258-87 and </FONT><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Massao Fabio Oya</FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>, Brazilian, married, accountant, domiciled at Alameda</FONT><FONT style="LETTER-SPACING: 1.6pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Arara</FONT><FONT style="LETTER-SPACING: 1.6pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Azul,</FONT><FONT style="LETTER-SPACING: 1.6pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>157</FONT><FONT style="LETTER-SPACING: 1.5pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>&#8211;</FONT><FONT style="LETTER-SPACING: 1.5pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>lote</FONT><FONT style="LETTER-SPACING: 1.65pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>D26</FONT><FONT style="LETTER-SPACING: 1.25pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>&#8211;</FONT><FONT style="LETTER-SPACING: 1.5pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Parque</FONT><FONT style="LETTER-SPACING: 1.65pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Residencial</FONT><FONT style="LETTER-SPACING: 1.45pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Shambala</FONT><FONT style="LETTER-SPACING: 1.6pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>II,</FONT><FONT style="LETTER-SPACING: 1.6pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>in the city of Atibaia, state of S&#227;o Paulo,</FONT><FONT style="LETTER-SPACING: 1.6pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Identity Card (RG) no.&nbsp; 34.872.970-4 SSP/SP and inscribed in the roll of individual taxpayers (CPF) under number 297.396.878-06.</FONT></P><FONT style="LINE-HEIGHT: 150%" face=calibri,sans-serif></FONT>

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<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 150%; MARGIN: 0cm 5.8pt 0cm 5.75pt"><B><U><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Verdana,sans-serif>Alternate Members</FONT></U></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>, respectively, </FONT><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Tom&#225;s Bruginski de Paula</FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>, Brazilian, single, economist, domiciled at Av.</FONT><FONT style="LETTER-SPACING: 0.65pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Rangel</FONT><FONT style="LETTER-SPACING: 0.75pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Pestana,</FONT><FONT style="LETTER-SPACING: 0.6pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>300,</FONT><FONT style="LETTER-SPACING: 0.65pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>5&#186;</FONT><FONT style="LETTER-SPACING: 0.7pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>andar,</FONT><FONT style="LETTER-SPACING: 0.65pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Centro,</FONT><FONT style="LETTER-SPACING: 0.65pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>in the city and state of S&#227;o Paulo, Identity Card (RG) no.&nbsp;1.554.630-1 SSP/PR and inscribed in the roll of individual taxpayers (CPF) under number 092.553.068-98; </FONT><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Jos&#233; Rubens Gozzo Pereira</FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>, Brazilian, married, economist, domiciled at</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Av. Rangel Pestana, 300, 3&#186; andar, Centro, in the city and state of S&#227;o Paulo, Identity Card (RG) no.&nbsp;4.610.935-3 SSP/SP and inscribed in the roll of individual taxpayers (CPF) under number 309.106.178-72; </FONT><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Enio Marrano Lopes</FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>, Brazilian, married, business administrator, domiciled at Alameda</FONT><FONT style="LETTER-SPACING: 1.65pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Santos,</FONT><FONT style="LETTER-SPACING: 1.65pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>1165,</FONT><FONT style="LETTER-SPACING: 1.65pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>9&#186;</FONT><FONT style="LETTER-SPACING: 1.65pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>andar,</FONT><FONT style="LETTER-SPACING: 1.4pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Cerqueira</FONT><FONT style="LETTER-SPACING: 1.4pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Cesar,</FONT><FONT style="LETTER-SPACING: 1.4pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>in the city and state of S&#227;o Paulo, Identity Card (RG) no. 8.385.865-9 SSP/SP and inscribed in the roll of individual taxpayers (CPF) under number 021.526.678-16; </FONT><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Marcio Rea</FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>, Brazilian, married, business administrator, domiciled at</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Av.</FONT><FONT style="LETTER-SPACING: 3.1pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Nossa Senhora do Sabar&#225;, 5312, Pedreira, in the city and state of S&#227;o Paulo, Identity Card (RG) no.&nbsp;13.277.220-6 and inscribed in the roll of individual taxpayers (CPF) under number 060.294.818-51</FONT><FONT style="LETTER-SPACING: -1.05pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>and </FONT><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Maria Elvira </FONT></B><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Lopes </FONT></B><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Gimenez</FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>, Brazilian, divorced, economist, domiciled at</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> Rua </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Laurindo Felix</FONT><FONT style="LETTER-SPACING: 0.8pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>da Silva, 47, in the city of Mairipor&#227;, state of S&#227;o Paulo, Identity Card (RG) no. 19.114.234-7 and inscribed in the roll of individual taxpayers (CPF) under number 136.012.018-10.</FONT></P>

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<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 150%; MARGIN: 0cm 5.95pt 0cm 5.75pt"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>The elected Fiscal Council Members shall hold office until the next Annual Shareholders&#8217; Meeting and should a sitting member be unable to attend a meeting, the respective alternate member shall be convened to attend the meeting.</FONT></P>

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<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 150%; MARGIN: 0cm 5.8pt 0cm 5.75pt"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>The assumption of office must comply with the requirements and procedures contained in the Brazilian Corporate Law and all other legal provisions in effect, including the declaration of assets, which shall be subject to applicable state regulations, the signature of the statement of no legal impediments and the Statement of Consent, contained in the Listing Rules of the BM&amp;FBOVESPA Novo Mercado.</FONT></P>

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<P style="LINE-HEIGHT: 150%; MARGIN: 0cm 5.7pt 0cm 5.75pt"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>Next, the Chairman opened discussion on </FONT><B><U><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Verdana,sans-serif>item IV </FONT></U></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>of the Agenda. The representative and proxy of the shareholder S&#227;o Paulo State&#8217;s Treasury OfficeCarlos Eduardo Teixeira Braga, based on the Codec Opinion, proposed the ratification of the compensation for the members of the Executive Board, in the individual monthly amount of twenty thousand, five hundred and ninety reais (R$20,590.00), pursuant to CODEC Opinion no. 003/2013 and</FONT><FONT style="LETTER-SPACING: 1.7pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif> </FONT><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>CODEC Memo 001/GS-CODEC, of January 30, 2013, eligible for potential bonuses, pursuant to CODEC Opinion no. 150/2005. The compensation of the members of the Board of Directors and Fiscal Council shall be set pursuant to CODEC Opinion no. 001/2007, which corresponds to thirty percent (30%) and twenty percent (20%), respectively, of the monthly compensation for the executive officers. The members of the Executive Board, the Board of Directors and the Fiscal Council will be eligible for &#8220;pro rata&#8221; bonuses, paid in December, under the terms of Article 4 of CODEC Resolution no. 001/91. After being submitted to a vote by the Chairman, the proposal of the shareholder S&#227;o Paulo State&#8217;s Treasury Office, duly registering abstentions and negative votes, </FONT><B><U><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Verdana,sans-serif>was approved by the majority <B><U><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Verdana,sans-serif>of votes</FONT></U></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>.</FONT></FONT></U></B>

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<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 150%; MARGIN: 0cm 5.95pt 0cm 5.75pt"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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, </FONT><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>was approved by unanimous vote</FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>.&nbsp; </FONT></P>

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<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 150%; MARGIN: 0cm 6pt 0cm 5.75pt"><B><U><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Verdana,sans-serif>CLOSURE AND DRAWING UP OF THE MINUTES</FONT></U></B><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>: </FONT></B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>There being no further business to address, the Chairman thanked the shareholders for their attendance and the Annual Shareholders&#8217; Meeting was adjourned for the drawing up of these minutes, which were then read, approved and signed by the Chairman, the Secretaries of the Meeting and the attending shareholders, who comprise the quorum necessary for the resolutions taken.&nbsp; </FONT></P>

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<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 150%; MARGIN: 0cm 5.8pt 0cm 5.75pt"><B><U><FONT style="FONT-SIZE: 9pt" lang=EN-US face=Verdana,sans-serif>DOCUMENTS FILED</FONT></U></B><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>. </FONT></B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=Verdana,sans-serif>The proxies of the shareholder representatives listed below, accompanied with their voting records, will be filed at the Company&#8217;s headquarters, duly initialed by the secretaries, and all documents mentioned.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 5.75pt"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=PT-BR face=Verdana,sans-serif>S&#227;o Paulo, </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=PT-BR face=Verdana,sans-serif>April 30, 2015</FONT></P>

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   <TD align=left><B><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">JER&#212;NIMO ANTUNES</FONT></B><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 1.68pt" align=left><B><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">CARLOS EDUARDO TEIXEIRA BRAGA</FONT></B><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">Chairman</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 1.68pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">(representative of the shareholder S&#227;o Paulo State</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 1.68pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">Tax Authority)</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD colSpan=2><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><B><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">CELINA Y. OZAWA</FONT></B><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 1.68pt" align=left><B><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">MARIALVE DE S. MARTINS</FONT></B><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">Secretary</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 1.68pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">Secretary</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD colSpan=2><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><B><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">MASSAO FABIO OYA</FONT></B><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD align=left><B><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">ANTONIO CL&#193;UDIO ZEITUNI</FONT></B><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">(shareholder and representative of</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 1.68pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">(representative of shareholder ALEXANDER BIALER)</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">shareholder JORGE MICHEL LEPELTIER)</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

<TR>

   <TD colSpan=2><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><B><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">EVELYN REGIANE DIOGO</FONT></B><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD align=left><B><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">RODRIGO DE MESQUITA PERREIRA</FONT></B><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">(representative of shareholder The Bank Of</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 1.68pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">(representative of shareholders, Banco Santander</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">New York Mellon ADR Department)</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 1.68pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">(Brasil) S.A.)</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 1.68pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">CPR GLOBAL INFRASTRUCURES</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR></TABLE>

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<TR>

   <TD width="49%"></TD>

   <TD width="50%"></TD></TR>

<TR vAlign=bottom>

   <TD align=left><B><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">RODRIGO DE MESQUITA PERREIRA</FONT></B><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 7.081pt" align=left><B><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">RODRIGO DE MESQUITA PERREIRA</FONT></B><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">(representative of shareholders, HSBC CTVM</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 7.081pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">(representative of shareholders, Ita&#250; Unibanco</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">S.A.)</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 7.081pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">S.A.)</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">FIRST STATE GLOBAL UMBRELLA FUND PLC RE FIRST STATE</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 7.081pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">AMUNDI FUNDS</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">GLOBAL LISTED INFRASTRUCTURE FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 7.081pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">ARROWSTREET CAPITAL GLOBAL EQUITY LONG/SHORTFUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">SMITH &amp; WILLIAMSON EMERGING MARKETS VALUE FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 7.081pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">LIMITED</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 7.081pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">ARROWSTREET EAFE ALPHA EXTENSION FUND II</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 7.081pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">HFR HE LAZARD GLOBAL HEXAGON MASTER TRUST</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 7.081pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">LAZARD GLOBAL HEXAGON MASTER F LP</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD colSpan=2><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

<TR>

   <TD colSpan=2><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

<TR>

   <TD colSpan=2><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

<TR>

   <TD colSpan=2><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=2 align=center><B><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">RODRIGO DE MESQUITA PERREIRA</FONT></B><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD colSpan=2 align=center><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">(representative of shareholders, J. P. Morgan S.A. Distribuidora de T&#237;tulos e Valores</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD colSpan=2 align=center><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">Imobili&#225;rios)</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 3.479pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">FIDELITY INVESTMENT FUNDS - FIDELITY INDEXEMERGING</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 10.319pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 3.479pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">MARKETS FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 10.321pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 3.479pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">J.P. MORGAN EUROPE LIMITED AS TRUSTEES OF SCHRODER</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 10.321pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">RETIREMENT PLAN FOR EMPLOYEES OF AETNA INC</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 3.479pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">QEP GLOBAL EMERGING MARKETS FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 10.321pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">THE MASTER TRUST BANK OF JAPAN, LTD. AS TRUSTEE FOR</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 3.479pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">JNL/MELLON CAPITAL EMERGING MARKETS INDEX FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 10.321pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">MTBJ400045828</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 3.479pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">LABOR PENSION FUND SUPERVISORY COMMITTEE -LABOR</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 10.321pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">THE MASTER TRUST BANK OF JAPAN, LTD. AS TRUSTEE FOR</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 3.479pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">PENSION FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 10.321pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">MTBJ400045829</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.479pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">LABOR PENSION FUND SUPERVISORY COMMITTEE -LABOR</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 10.321pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">THE MASTER TRUST BANK OF JAPAN, LTD. AS TRUSTEE FOR</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 3.479pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">PENSION FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 10.321pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">MTBJ400045835</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 3.479pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">LABOR PENSION FUND SUPERVISORY COMMITTEE -LABOR</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 10.321pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">THE MASTER TRUST BANK OF JAPAN, LTD. AS TRUSTEE FOR</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 3.479pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">PENSION FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 10.321pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">MUTB400045792</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 3.479pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">LABOR PENSION FUND SUPERVISORY COMMITTEE -LABOR</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 10.321pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">THE MASTER TRUST BANK OF JAPAN, LTD. AS TRUSTEE FOR</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 3.479pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">PENSION FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 10.321pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">MUTB400045795</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 3.479pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">LABOR PENSION FUND SUPERVISORY COMMITTEE -LABOR</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 10.321pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">THE MASTER TRUST BANK OF JAPAN, LTD. AS TRUSTEE FOR</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 3.479pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">PENSION FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 10.321pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">MUTB400045796</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 3.479pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">MISSOURI EDUCATION PENSION TRUST</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 10.321pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">VANGUARD INVESTMENT SERIES, PLC</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 3.479pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">NEW YORK STATE COMMON RETIREMENT FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 10.321pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND,A</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 10.321pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">SERIES OF VANGUARD STAR FUNDS</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD colSpan=2><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 0pt" colSpan=2 align=center><B><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">RODRIGO DE MESQUITA PERREIRA</FONT></B><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD colSpan=2 align=center><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">(representative of shareholders, Citibank N.A)</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 3.479pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">FIDELITY INVESTMENT TRUST: LATIN AMERICA FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">OMERS ADMINISTRATION CORPORATION</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 3.479pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">FIDELITY SALEM STREET TRUST: SPARTAN EMERGING</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">PRUDENTIAL RETIREMENT INSURANCE AND ANNUITYCOMPANY</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 3.479pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">MARKETS INDEX FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">SANFORD C. BERNSTEIN FUND, INC. - TAX-MANAGED</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 3.479pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">FIDELITY SALEM STREET TRUST: SPARTAN GLOBAL EX U.S.</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">INTERNATIONAL PORTFOLIO</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 3.479pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">INDEX FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">SANFORD C. BERNSTEIN FUND, INC - OVERLAY A PORTFOLIO</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 3.479pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">FIRST TRUST BRAZIL ALPHADEX FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">SANFORD C. BERNSTEIN FUND, INC - TAX-AWARE OVERLAYA</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 3.479pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">FIRST TRUST EMERGING MARKETS ALPHADEX FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">PORTFOLIO</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 3.479pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">FIRST TRUST LATIN AMERICA ALPHADEX FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">SANFORD C. BERNSTEIN FUND, INC. - INTERNATIONAL</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 3.479pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">GMO ALPHA ONLY FUND, A SERIES OF GMO TRUST</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">PORTFOLIO</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 3.479pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">GMO DEVELOPED WORLD STOCK FUND, A SERIES OF GMO</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">SCHWAB EMERGING MARKETS EQUITY ETF</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 3.479pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">TRUST</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">SCHWAB FUNDAMENTAL EMERGING MARKETS LARGE COMPANY</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 3.479pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">GMO EMERGING MARKETS EQUITY FUND, A SUB FUNDOF</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">INDEX ETF</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR></TABLE>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">GMO FUNDS PLC</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">STATE OF ALASKA RETIREMENT AND BENEFITPLANS</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">GMO GLOBAL REAL RETURN (UCITS) FUND, A SUB-FUNDOF</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">STATE OF OREGON</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">GMO FUNDS PLC</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">SUNSUPER POOLED SUPERANNUATION TRUST</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">GMO TRUST ON BEHALF OF GMO EMERGING COUNTRIES</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left>

   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">TEACHER RETIREMENT SYSTEM OF TEXAS</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">TEACHERS RETIREMENT SYSTEM OF THE STATE OF ILLINOIS</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">JAPAN TRUSTEE SERVICES BANK, LTD. RE: STB DAIWA</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">TEACHERS RETIREMENT SYSTEM OF THE STATE OF ILLINOIS</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">EMERGING EQUITY FUNDAMENTAL INDEX MOTHER FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left>

   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">THE CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">LACM EMERGING MARKETS FUND L.P.</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left>

   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">THE MASTER TRUST BANK OF JAPAN, LTD. RE: RUSSELL</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">LOS ANGELES CAPITAL GLOBAL FUNDS PLC</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">GLOBAL ENVIRONMENT TECHNOLOGY FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">NEUBERGER BERMAN INVESTMENT FUNDS PLC</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">THE MONETARY AUTHORITY OF SINGAPORE</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">NEUBERGER BERMAN INVESTMENT FUNDS PLC</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">THE MONETARY AUTHORITY OFSINGAPORE</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">NZAM EM8 EQUITY PASSIVE FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left>

   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">TIAA-CREF FUNDS - TIAA-CREF EMERGING MARKETS EQUITY</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">SCHWAB FUNDAMENTAL EMERGING MARKETS LARGE</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">INDEX FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">COMPANY INDEX FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">USAA EMERGING MARKETS FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">THE GMO EMERGING MARKETS FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">WASHINGTON STATE INVESTMENT BOARD</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">THE NOMURA TRUST AND BANKING CO., LTD. RE: INT.</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">WELLS FARGO ADVANTAGE DIVERSIFIED INTERNATIONALFUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">EMERGING STOCK INDEX MSCI EMERGING NO HEDGE</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">WELLS FARGO ADVANTAGE DIVERSIFIED STOCK PORTFOLIO</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">MOTHER</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">WELLS FARGO ADVANTAGE INTERNATIONAL VALUEPORTFOLIO</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">VANGUARD EMERGING MARKETS STOCK INDEX FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">WISDOMTREE EMERGING MARKETS EQUITY INCOME FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">VANGUARD FTSE ALL-WORLD EX-US INDEX FUND, A SERIES</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">WISDOMTREE GLOBAL EQUITY INCOME FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">OF VANGUARD INTERNATIONAL EQUITY INDEX FUNDS</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">WISDOMTREE GLOBAL EX-US UTILITIES FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">VANGUARD FUNDS PUBLIC LIMITED COMPANY</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">WSIB INVESTMENTS PUBLIC EQUITIES POOLED FUND TRUST</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">VANGUARD FUNDS PUBLIC LIMITED COMPANY</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">JAPAN TRUSTEE SERVICES BANK, LTD. SMTB EMERGINGEQUITY</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">VANGUARD FUNDS PUBLIC LIMITED COMPANY</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">MOTHER FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD></TR>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">COLLEGE RETIREMENT EQUITIES FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD>

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   <P style="MARGIN-LEFT: 5pt"><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">SOUTH DAKOTA RETIREMENT SYSTEM</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></P></TD></TR></TABLE>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">COMPASS AGE LLC</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">STATE OF WINSCONSIN INVESTMENT BOARD MASTERTRUST</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">DESJARDINS GLOBAL INFRASTRUCTURE FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">THE ARCHDIOCESE OF HARTFORD INVESTMENTTRUST</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">DET. ED. QUALIFIED NUCLEAR DECOMMISSIONING TRUST</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">THE CHICAGO PUBLIC SCHOOL TEACHERS PENSION AND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">DTE ENERGY COMPANY AFFILIATES EMPLOYEE BENEFIT</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">RETIREMENT FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">PLANS MASTER TRUST</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">THE HARTFORD ROMAN CATHOLIC DIOCESAN CORPORATION</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">DTE VEBA MASTER TRUST</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">RETIREMENT PLANS MASTER TRUST</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">EMERGING MARKETS EQUITY INDEX MASTER FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">THE TRUSTEES OF SAINT PATRICKS CATHEDRAL IN THECITY</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">EMERGING MARKETS EQUITY INDEX PLUS FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">OF NEW YORK</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">EMERGING MARKETS EX-CONTROVERSIAL WEAPONS EQUITY</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">TIME WARNER CABLE PENSION PLAN MASTERTRUST</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">INDEX FUND B</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">VEBA PARTNERSHIP N L.P.</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">EMERGING MARKETS INDEX NON-LENDABLE FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">WEST VIRGINIA INVESTMENT MANAGEMENT BOARD</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">EMERGING MARKETS INDEX NON-LENDABLE FUND B</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">ADVANCED SERIES TRUST - AST PARAMETRIC EMERGING</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">EMERGING MARKETS SUDAN FREE EQUITY INDEX FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">MARKETS EQUITY PORTFOLIO</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">FIDELITY LATIN AMERICA FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">COMPASS EMP EMERGING MARKET 500 VOLATILITYWEIGHTED</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">FRANCISCAN ALLIANCE, INC</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">GMAM INVESTMENT FUNDS TRUST</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">DREYFUS OPPORTUNITY FUNDS - DREYFUS STRATEGICBETA</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">GMO IMPLEMENTATION FUND, A SERIES OF GMOTRUST</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">EMERGING MARKETS EQUITY FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">HC CAPITAL TRUST THE INSTITUTIONAL INTERNATIONAL</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">DUNHAM INTERNATIONAL STOCK FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">EQUITY PORTFOLIO</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">EGSHARES BRAZIL INFRASTRUCTURE ETF</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">HC CAPITAL TRUST THE INTERNATIONAL EQUITYPORTFOLIO</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">FIRST TRUST EMERGING MARKETS ALPHADEX UCITSETF</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">IBM 401(K) PLUS PLAN</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">LEGATO INTERNATIONAL EQUITY FUND, LP</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">ILLINOIS STATE BOARD OF INVESTMENT</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">LEGG MASON GLOBAL FUNDS, P.L.C.</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">ILLINOIS STATE BOARD OF INVESTMENT</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">NORTHWEST NATURAL GAS COMPANY RETIREMENT TRUST</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">ISHARES II PUBLIC LIMITED COMPANY</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">THE DOMESTIC AND FOREIGN MISSIONARY SOCIETY OFTHE</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">ISHARES III PUBLIC LIMITED COMPANY</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">PROTESTANT EPISCOPAL CHURCH IN THEUSA</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">ISHARES MSCI ACWI ETF</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">THE SEVENTH SWEDISH NATIONAL PENSION FUND - AP 7</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">ISHARES MSCI ACWI EX U.S. ETF</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">EQUITY FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">ISHARES MSCI BRAZIL CAPPED ETF</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">TIMOTHY PLAN EMERGING MARKETS FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">ISHARES MSCI BRIC ETF</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">VALERO ENERGY CORPORATION PENSIONPLAN</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">ISHARES MSCI EMERGING MARKETS ETF</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">VOYA EMERGING MARKETS INDEX PORTFOLIO</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">ISHARES PUBLIC LIMITED COMPANY</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">COLONIAL FIRST STATE WHOLESALE GLOBAL LISTED</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">ISHARES PUBLIC LIMITED COMPANY</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">INFRASTRUCTURE SECURITIES FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">ISHARES PUBLIC LIMITED COMPANY</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">COMMONWEALTH GLOBAL LISTED INFRASTRUCTURE FUND 4</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">ISHARES VII PUBLIC LIMITED COMPANY</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">COMMONWEALTH SUPERANNUATION CORPORATION</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">JOHN HANCOCK FUNDS II STRATEGIC EQUITY ALLOCATION</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">EMPLOYEES RETIREMENT SYSTEM OF THE CITY MILWAUKEE</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">FIDELITY SALEM STREET TRUST: FIDELITY SERIES GLOBAL EX</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">KAISER PERMANENTE GROUP TRUST</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">U.S. INDEX FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">LAZARD INTERNATIONAL EQUITY (ACW EX-U.S.) TRUST</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">FUTURE FUND BOARD OF GUARDIANS</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">LAZARD INTERNATIONAL EQUITY SELECT PORTFOLIO</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">IBM DIVERSIFIED GLOBAL EQUITY FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">LAZARD INTERNATIONAL STRATEGIC EQUITY (ACQ EX-U.S.)</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">MASCO CORPORATION RETIREMENT MASTERTRUST</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">TRUST</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">NATIONAL COUNCIL FOR SOCIAL SECURITY FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">LAZARD INTERNATIONAL STRATEGIC EQUITYPORTFOLIO</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">NAV CANADA PENSION PLAN</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">LAZARD MASTER ALTERNATIVESPORTFOLIO</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">MINISTRY OF STRATEGY AND FINANCE</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">NORTHERN TRUST INVESTMENT FUNDS PLC</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">MINISTRY OF STRATEGY AND FINANCE</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">NATIONAL WESTMINSTER BANK PLC AS DEPOSITARY OF</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">TRUST</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">FIRST STATE INVESTMENTS ICVC - FIRST STATE GLOBALLI</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">PYRAMIS GLOBAL EX U.S. INDEX FUND LP</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">NEW YORK STATE TEACHERS RETIREMENT SYSTEM</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">ROTHKO EMERGING MARKETS ALL CAP EQUITY FUND, L.P.</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">NEW YORK STATE TEACHERS RETIREMENT SYSTEM</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">STATE UNIVERSITY RETIREMENTSYSTEM</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">NEW YORK STATE TEACHERS RETIREMENT SYSTEM</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">THE HIGHCLERE INTERNATIONAL INVESTORS EMERGING</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">NUVEEN TRADEWINDS EMERGING MARKETS FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">MARKETS SMID FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">OCEANROCK INTERNATIONAL EQUITY FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">THE HIGHCLERE INTERNATIONAL INVESTORS SMID FUND</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">TYCO ELECTRONICS DEFINED BENEFIT PLNS MASTER TST</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR>

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   <TD align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">UTAH STATE RETIREMENT SYSTEMS</FONT><FONT style="FONT-FAMILY: Verdana; FONT-SIZE: 9pt">&nbsp;</FONT></TD></TR></TABLE></DIV>

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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B><U>SIGNATURE&nbsp;</U></B></FONT><FONT size=1>&nbsp;</FONT></DIV></U></B></FONT>

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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 20, 2015</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;&nbsp;<FONT style="FONT-FAMILY: times new roman" size=3>Rui de Britto &#193;lvares Affonso</FONT>&nbsp;&nbsp;&nbsp;&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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