<SEC-DOCUMENT>0001292814-17-001770.txt : 20170717
<SEC-HEADER>0001292814-17-001770.hdr.sgml : 20170717
<ACCEPTANCE-DATETIME>20170717074436
ACCESSION NUMBER:		0001292814-17-001770
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20170930
FILED AS OF DATE:		20170717
DATE AS OF CHANGE:		20170717

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:		17966634

	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>sbs20170705_6k.htm
<DESCRIPTION>EXCERPT OF THE EIGHT HUNDRED AND FORTY-FIRST BOARD OF DIRECTORS MEETING
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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 July 7, 2017</B></FONT></DIV><FONT color=#000000 size=2 face="Times New Roman"><B>(Commission File No. 1-31317) </B></FONT></DIV>

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

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

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

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

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

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

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

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

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

<P></P>

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

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

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   <P style="MARGIN: 1pt 0cm 0pt 1pt; LINE-HEIGHT: 10.85pt" align=right><FONT><FONT style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Companhia de Saneamento B&#225;sico do Estado de S&#227;o Paulo</FONT></FONT></P>

   <P style="MARGIN: 0cm 0cm 0pt 145.1pt; LINE-HEIGHT: 10.85pt" align=right><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Board of Directors</FONT></P></TD></TR>

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<H1 style="TEXT-ALIGN: center; MARGIN: 5pt 42.15pt 0pt 37.9pt; LINE-HEIGHT: 10.95pt" 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 - SABESP</FONT></B></H1>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 138.5pt 0pt 99pt; LINE-HEIGHT: 100%" align=center><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Corporate Taxpayer&#8217;s ID (CNPJ): 43.776.517/0001-80 Company Registry (NIRE): 35.3000.1683-1</FONT></P>

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<H1 style="TEXT-ALIGN: center; MARGIN: 0cm 42.15pt 0cm 37.9pt; LINE-HEIGHT: 148%" align=center><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>EXCERPT OF THE EIGHT HUNDRED AND FORTY-FIRST BOARD OF DIRECTORS&#8217; MEETING</FONT></B></H1>

<P style="MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 11pt" face=Verdana,sans-serif></FONT></B>&nbsp;</P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 9.35pt 0pt 5.1pt; LINE-HEIGHT: 150%"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>The undersigned members of the Board of Directors of Companhia de Saneamento B&#225;sico do Estado de S&#227;o Paulo &#8211; SABESP listed below met at the meeting room in the Company&#8217;s headquarters, at Rua Costa Carvalho n&#176; 300, S&#227;o Paulo, at 9:00 a.m. on June 22, 2017, at the call of the Chairman of the Board of Directors, Benedito Pinto Ferreira Braga Junior, on an ordinary basis, pursuant to the </FONT><I><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>caput</FONT></I><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif> of article 12 of the Bylaws.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 5.9pt 0cm 0pt 5.1pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>(...)</FONT></P>

<P style="MARGIN: 0.55pt 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 9.1pt 0pt 5.1pt; LINE-HEIGHT: 150%"><FONT style="LINE-HEIGHT: 150%"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Proceeding with the meeting, the Chairman of the Board of Directors moved on to </FONT><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>item 2</FONT></B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif> of the agenda </FONT><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>&#8220;Election of the Executive Board for the 2017/2019 term of office&#8221;</FONT></B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif> </FONT><I><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>(time: 20&#8217;)</FONT></I><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>. The Board of Directors</FONT><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif> approved by a unanimous vote the Election of Sabesp&#8217;s Executive Board for a two(2)-year term of office</FONT></B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>, pursuant to the statement of the State Capital Defense Council &#8211; CODEC in CODEC Report 067/2017, the Company&#8217;s Bylaws, item II of article 142 of Law 6,404/76 and other current regulatory provisions, with compensation fixed in accordance with CODEC&#8217;s guidelines, noting that whenever an Executive Officer holds two or more Executive Officer positions, he or she will only receive compensation for one of these positions. In light of said approval, the Board of Directors elected the following persons:</FONT></FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 5.1pt 0pt; LINE-HEIGHT: 150%"><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>JERSON KELMAN</FONT></B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>, as </FONT><U><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Chief Executive Officer</FONT></U><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>, a Brazilian citizen, married, civil engineer, holder of identity card (RG) number 59.995.351-2 SSP/SP, inscribed in the register of individual taxpayers (CPF) under number 155.082.937-87 and domiciled at Rua Costa Carvalho, 300, Pinheiros, S&#227;o Paulo &#8211; SP, CEP: 05429-000; </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 5.2pt 0pt 5.1pt; LINE-HEIGHT: 150%"><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>RUI DE BRITTO &#193;LVARES AFFONSO</FONT></B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>, as </FONT><U><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Chief Financial Officer and Investor Relations Officer</FONT></U><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>, a Brazilian citizen, married, economist, holder of identity card (RG) number 7.867.051 SSP/SP, inscribed in the register of individual taxpayers (CPF) under number 013.982.348-42 and domiciled at Rua Costa Carvalho, 300, Pinheiros, S&#227;o Paulo &#8211; SP, CEP: 05429-000; </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 5.2pt 0pt 5.1pt; LINE-HEIGHT: 150%"><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>MANUELITO PEREIRA MAGALH&#195;ES J&#218;NIOR</FONT></B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>, as </FONT><U><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Corporate Management Officer</FONT></U><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>, a Brazilian citizen, married, economist, holder of identity card (RG) number 2.162.807-61 SSP/BA, inscribed in the register of individual taxpayers (CPF) under number 478.682.525-53 and domiciled at Rua Costa Carvalho, 300, Pinheiros, S&#227;o Paulo &#8211; SP, CEP: 05429-000; </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 5.2pt 0pt 5.1pt; LINE-HEIGHT: 150%"><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>PAULO MASSATO YOSHIMOTO</FONT></B><FONT style="FONT-SIZE: 9pt"><FONT lang=EN-US face=Verdana,sans-serif>, as </FONT><U><FONT lang=EN-US face=Verdana,sans-serif>Metropolitan Officer</FONT></U><FONT lang=EN-US face=Verdana,sans-serif>, a Brazilian citizen, single, civil engineer, holder of identity card (RG) number 5.288.540 SSP/SP, inscribed in the register of individual taxpayers (CPF) under number 898.271.128-72 and domiciled at Rua Costa Carvalho, 300, Pinheiros, S&#227;o Paulo &#8211; SP, CEP: 05429-000; </FONT></FONT></P>

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   <P style="MARGIN: 1pt 0cm 0pt 1pt; LINE-HEIGHT: 10.85pt" align=right><FONT><FONT style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Companhia de Saneamento B&#225;sico do Estado de S&#227;o Paulo</FONT></FONT></P>

   <P style="MARGIN: 0cm 0cm 0pt 145.1pt; LINE-HEIGHT: 10.85pt" align=right><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Board of Directors</FONT></P></TD></TR>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 5.3pt 0pt 5.1pt; LINE-HEIGHT: 150%"><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 5.3pt 0pt 5.1pt; LINE-HEIGHT: 150%"><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>LUIZ PAULO DE ALMEIDA NETO</FONT></B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>, as </FONT><U><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Regional Systems Officer</FONT></U><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>, a Brazilian citizen, single, civil engineer and business administrator, holder of identity card (RG) number 7.292.399-4 SSP/SP, inscribed in the register of individual taxpayers (CPF) under number 018.762.858-00 and domiciled at Rua Costa Carvalho, 300, Pinheiros, S&#227;o Paulo &#8211; SP, CEP: 05429-000; and </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 5.3pt 0pt 5.1pt; LINE-HEIGHT: 150%"><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>EDISON AIROLDI, </FONT></B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>as </FONT><U><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Technology, Enterprises and Environment Officer</FONT></U><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>, a Brazilian citizen, married, mechanical engineer, holder of identity card (RG) number 7.547.284 SSP/SP, inscribed in the register of individual taxpayers (CPF) under number 925.664.998-53 and domiciled at Rua Costa Carvalho, 300, Pinheiros, S&#227;o Paulo &#8211; SP, CEP: 05429-000.</FONT><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif> </FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 9pt 0cm 0pt 15.1pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>(...)</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0.05pt 9.25pt 0pt 15.1pt; LINE-HEIGHT: 150%"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>These minutes, after being approved, will be signed by the members of the Board of Directors: Benedito Pinto Ferreira Braga Junior, Francisco Luiz Sibut Gomide, Francisco Vidal Luna, Jer&#244;nimo Antunes, Jerson Kelman, Luis Eduardo Alves de Assis and Reinaldo Guerreiro.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0.05pt 9.45pt 0pt 15.1pt; LINE-HEIGHT: 150%"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>This is a free translation of the faithful transcription of the excerpt of the minutes that will be drawn up in the book of minutes of Board of Directors&#8217; meetings.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 15.1pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>S&#227;o Paulo, June 29, 2017.</FONT></P>

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   <P style="MARGIN: 0cm 0cm 0pt 10pt"><B><FONT style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Benedito Pinto Ferreira Braga Junior</FONT></B></P></TD>

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   <P style="MARGIN: 0cm 0cm 0pt 32.15pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Marialve de S. Martins</FONT></B></P></TD></TR>

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   <P style="MARGIN: 2.75pt 0cm 0pt 10pt; LINE-HEIGHT: 9.95pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Chairman of the Board of Directors</FONT></P></TD>

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   <P style="MARGIN: 2.75pt 0cm 0pt 32.15pt; LINE-HEIGHT: 9.95pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Secretary of the Board of Directors</FONT></P></TD></TR></TABLE></DIV>

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<H1 style="TEXT-ALIGN: center; MARGIN: 0cm 42.15pt 0cm 37.9pt; LINE-HEIGHT: 10.95pt" 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 - SABESP</FONT></B></H1>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 138.5pt 0pt 99pt; LINE-HEIGHT: 100%" align=center><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Corporate Taxpayer&#8217;s ID (CNPJ): 43.776.517/0001-80 Company Registry (NIRE): 35.3000.1683-1</FONT></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0cm 138.5pt 0pt 99pt; LINE-HEIGHT: 100%" align=center><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>EXCERPT OF THE EIGHT HUNDRED AND FORTY-FIRST BOARD OF DIRECTORS&#8217; MEETING</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0.1pt 9.2pt 0pt 5.1pt; LINE-HEIGHT: 150%"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>The undersigned members of the Board of Directors of Companhia de Saneamento B&#225;sico do Estado de S&#227;o Paulo &#8211; SABESP listed below met at the meeting room in the Company&#8217;s headquarters, at Rua Costa Carvalho n&#176; 300, S&#227;o Paulo, at 9:00 a.m. on June 22, 2017, at the call of the Chairman of the Board of Directors, Benedito Pinto Ferreira Braga Junior, on an ordinary basis, pursuant to the </FONT><I><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>caput</FONT></I><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif> of article 12 of the Bylaws.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 5.1pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>(...)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 5.35pt 5.15pt 0pt 5.1pt; LINE-HEIGHT: 150%"><FONT style="LINE-HEIGHT: 150%"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Proceeding with the meeting, Chairman Benedito Braga moved on to</FONT><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif> item 3</FONT></B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif> of the agenda </FONT><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>&#8220;Authorization to contract credit operations with Caixa Econ&#244;mica Federal &#8211; CEF, Ministry of Cities selection process (Normative Instruction 19/2017), to finance the project for the &#8220;Use of water from the Itapanha&#250; River to supply the S&#227;o Paulo Metropolitan Region&#8221; in the amount of up to R$147,928,500.00 and with a 24-year term&#8221; </FONT></B><I><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>(time: 30&#8217;)</FONT></I><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>, giving the floor to the Chief Financial Officer and Investor Relations Officer, Rui de Britto &#193;lvares Affonso, the Funding and Investor Relations Superintendent, Mario A. de Arruda Sampaio, and the Manager of the National Funding Department, Marcelo de Assis Rampone, who, together with the Manager of the International Funding Department, Mar&#237;lia P. de Almeida Ayrosa, began explaining the matter based on Executive Board Resolution 0146/2017, of June 14,2017, FIN Internal Communication 12/2017, of June 7, 2017, and a PowerPoint presentation; all these documents have been filed in the meeting&#8217;s electronic folder. The matter was discussed and then voted on, </FONT><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>and the Board of Director unanimously approved the Authorization to contract credit operations with Caixa Econ&#244;mica Federal &#8211; CEF, Ministry of Cities selection process (Normative Instruction 19/2017), to finance the project for the &#8220;Use of water from the Itapanha&#250; River to supply the S&#227;o Paulo Metropolitan Region&#8221;</FONT></B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>,</FONT><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif> </FONT></B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>in accordance with the chart and conditions described below:</FONT></FONT></P>

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<H1 style="MARGIN: 0cm 0cm 0cm 52.85pt; TEXT-INDENT: -12.35pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LETTER-SPACING: -0.1pt" face=Verdana,sans-serif>a.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LETTER-SPACING: -0.1pt" face="times new roman">&nbsp; </FONT></B><B><U><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Amount</FONT></U></B></H1>

<P style="MARGIN: 5.45pt 43.05pt 0pt 40.5pt; LINE-HEIGHT: 150%"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Up to one hundred and forty-seven million, nine hundred and twenty-eight thousand, five hundred reais (R$147,928,500.00).</FONT></P>

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<H1 style="MARGIN: 0cm 0cm 0cm 53.1pt; LINE-HEIGHT: 10.85pt; TEXT-INDENT: -12.6pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LETTER-SPACING: -0.1pt" face=Verdana,sans-serif>b.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LETTER-SPACING: -0.1pt" face="times new roman">&nbsp; </FONT></B><B><U><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Financial charges</FONT></U></B></H1>

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   <P style="MARGIN: 0.55pt 0cm 0pt 5.15pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Interest</FONT></P></TD>

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   <P style="MARGIN: 0.55pt 0cm 0pt 5pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>6.00% p.a.</FONT></P></TD></TR>

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   <P style="MARGIN: 0.55pt 0cm 0pt 5.15pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Management Fee</FONT></P></TD>

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   <P style="MARGIN: 0.55pt 0cm 0pt 5pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Up to 2.00% p.a.</FONT></P></TD></TR>

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   <P style="MARGIN: 0.4pt 0cm 0pt 5.15pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Risk Rate</FONT></P></TD>

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   <P style="MARGIN: 0.4pt 0cm 0pt 5pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Up to 1.00% p.a.</FONT></P></TD></TR>

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   <P style="MARGIN: 0.55pt 0cm 0pt 5.15pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Index</FONT></P></TD>

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   <P style="MARGIN: 0.55pt 0cm 0pt 5pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>TR - Reference Rate</FONT></P></TD></TR></TABLE></DIV>

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<P style="MARGIN: 0cm 0cm 0cm 51.8pt; LINE-HEIGHT: 10.85pt; TEXT-INDENT: -11.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LETTER-SPACING: -0.1pt" face=Verdana,sans-serif>c.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LETTER-SPACING: -0.1pt" face="times new roman">&nbsp; </FONT></B><B><U><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Terms</FONT></U></B></P>

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   <P style="MARGIN: 0cm 0cm 0pt 5.15pt; LINE-HEIGHT: 10.9pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Grace period</FONT></P></TD>

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   <P style="MARGIN: 0cm 0cm 0pt 5pt; LINE-HEIGHT: 10.9pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Up to four years</FONT></P></TD></TR>

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   <P style="MARGIN: 0cm 0cm 0pt 5.15pt; LINE-HEIGHT: 10.9pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Amortization</FONT></P></TD>

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   <P style="MARGIN: 0cm 0cm 0pt 5pt; LINE-HEIGHT: 10.9pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>20 years</FONT></P></TD></TR>

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   <P style="MARGIN: 0cm 0cm 0pt 5.15pt; LINE-HEIGHT: 10.9pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Total</FONT></P></TD>

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   <P style="MARGIN: 0cm 0cm 0pt 5pt; LINE-HEIGHT: 10.9pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Up to 24 years</FONT></P></TD></TR></TABLE></DIV>

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<P style="MARGIN: 0cm 0cm 0cm 53.1pt; TEXT-INDENT: -12.6pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LETTER-SPACING: -0.1pt" face=Verdana,sans-serif><FONT style="FONT-SIZE: 9pt" face=Verdana>d</FONT>.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LETTER-SPACING: -0.1pt" face="times new roman">&nbsp; </FONT></B><B><U><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Selected Projects</FONT></U></B></P>

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   <P style="TEXT-ALIGN: right; MARGIN: 1.35pt 3.15pt 0pt 0cm" align=right><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Place</FONT></P></TD>

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   <P style="MARGIN: 1.35pt 0cm 0pt 21.3pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Project</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 1.35pt 7pt 0pt 0cm" align=right><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Investment&#8211;R$</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 1.35pt 7.35pt 0pt 0cm" align=right><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Funding&#8211;R$</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 1.35pt 5.8pt 0pt 0cm" align=right><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Consideration&#8211;R$</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 4.4pt 0pt 0cm" align=right><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>S&#227;o Paulo Metropolitan Region</FONT></P></TD>

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   <P style="MARGIN: 0.05pt 5.35pt 0pt 5.1pt; LINE-HEIGHT: 115%"><FONT style="LINE-HEIGHT: 115%"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Use of Water from the Itapanha&#250; River to Supply the S&#227;o Paulo Metropolitan Region</FONT></FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5.05pt 0pt 0cm" align=right><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>164,365,000.00</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 4.9pt 0pt 0cm" align=right><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>147,928,500.00</FONT></P></TD>

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   <P style="MARGIN: 0.05pt 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 15.5pt" face=Verdana,sans-serif></FONT></B>&nbsp;</P>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5.05pt 0pt 0cm" align=right><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>16,436,500.00</FONT></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0.55pt 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 13pt" face=Verdana,sans-serif></FONT></B>&nbsp;</P>

<P style="MARGIN: 0.05pt 0cm 0cm 52.85pt; TEXT-INDENT: -12.35pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LETTER-SPACING: -0.1pt" face=Verdana,sans-serif><FONT style="FONT-SIZE: 9pt" face=Verdana>e</FONT>.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LETTER-SPACING: -0.1pt" face="times new roman">&nbsp; </FONT></B><B><U><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Guarantee</FONT></U></B></P>

<P style="MARGIN: 5.4pt 0cm 0pt 40.5pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Funding Account</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 5.45pt 0cm 0pt 40.5pt; LINE-HEIGHT: 150%"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Maintain in the Funding Account a monthly tariff revenue flow totaling an amount corresponding to at least the monthly average of three (3) times the amount of a Restated Monthly Installment.</FONT></P>

<H1 style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 40.5pt; LINE-HEIGHT: 10.85pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Reserve Account</FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 5.5pt 37.45pt 0pt 40.5pt; LINE-HEIGHT: 150%"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Maintain deposited in the Reserve Account an amount equivalent to a monthly installment not yet due, calculated based on the debt&#8217;s restated outstanding amount.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 5.5pt 37.45pt 0pt 40.5pt; LINE-HEIGHT: 150%"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 21.6pt 0pt 5.1pt; LINE-HEIGHT: 150%"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>The Chief Financial and Investor Relations Officer was authorized to proceed with all the necessary processes and measures to complete the negotiations and execute the agreements. (...).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0.05pt 9.05pt 0pt 5.1pt; LINE-HEIGHT: 150%"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>These minutes, after being approved, will be signed by the members of the Board of Directors: Benedito Pinto Ferreira Braga Junior, Francisco Luiz Sibut Gomide, Francisco Vidal Luna, Jer&#244;nimo Antunes, Jerson Kelman, Luis Eduardo Alves de Assis and Reinaldo Guerreiro.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0.05pt 9.05pt 0pt 5.1pt; LINE-HEIGHT: 150%"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 5.1pt; LINE-HEIGHT: 150%"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>This is a free translation of the faithful transcription of the excerpt of the minutes that will be drawn up in the book of minutes of Board of Directors&#8217; meetings.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 5.1pt; LINE-HEIGHT: 150%"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 228.5pt 0pt 5.1pt; LINE-HEIGHT: 150%"><FONT lang=PT-BR style="FONT-SIZE: 9pt" face=Verdana,sans-serif>S&#227;o Paulo, June 29, 2017.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 228.5pt 0pt 5.1pt; LINE-HEIGHT: 150%"><FONT lang=PT-BR style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Benedito Pinto Ferreira Braga Junior </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 228.5pt 0pt 5.1pt; LINE-HEIGHT: 150%"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Chairman of the Board of Directors </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 228.5pt 0pt 5.1pt; LINE-HEIGHT: 150%"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Marialve de S. Martins</FONT></P>

<P style="MARGIN: 0.1pt 0cm 0pt 5.1pt; LINE-HEIGHT: 10.85pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Verdana,sans-serif>Secretary of the Board of Directors</FONT></P></DIV>

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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B><U>

<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>

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

<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;July 7, 2017</FONT></DIV>

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

<DIV align=center>

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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>

<TR>

   <TD height=16></TD>

   <TD height=16></TD>

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<TR>

   <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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</TD>

   <TD></TD></TR>

<TR>

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

   <TD vAlign=bottom width="53%" align=center>

   <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>

   <TD></TD></TR></TABLE></DIV>

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

<P>&nbsp;</P>

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

<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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