<SEC-DOCUMENT>0001292814-19-003136.txt : 20190917
<SEC-HEADER>0001292814-19-003136.hdr.sgml : 20190917
<ACCEPTANCE-DATETIME>20190917132528
ACCESSION NUMBER:		0001292814-19-003136
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20190930
FILED AS OF DATE:		20190917
DATE AS OF CHANGE:		20190917

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:		191096554

	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>sbs20190827_6k3.htm
<DESCRIPTION>FORM 6-K
<TEXT>

<HTML>
<HEAD>
   <TITLE>sbs20190827_6k3.htm - Generated by SEC Publisher for SEC Filing</TITLE>
</HEAD>

<BODY bgcolor="#ffffff">



<HR align=left color=#000000 SIZE=2 noShade>



<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>

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

<HR align=center color=#000000 SIZE=1 width="25%" noShade>



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

<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>

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

<DIV align=center>

<DIV><FONT color=#000000 size=2 face="Times New Roman"><B>For&nbsp;August, 2019</B></FONT></DIV><FONT color=#000000 size=2 face="Times New Roman"><B>(Commission File No. 1-31317) </B></FONT></DIV>

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

<HR align=center color=#000000 SIZE=1 width="25%" noShade>



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

<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>

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

<DIV align=center></DIV>

<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>

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

<HR align=center color=#000000 SIZE=1 width="25%" noShade>

<BR>

<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>

<HR align=center color=#000000 SIZE=1 width="25%" noShade>

<BR>

<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></P>

<P></P>

<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>

<P></P>

<P></P>

<P></P>

<P></P>

<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>

<HR align=left color=#000000 SIZE=2 noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name="page_1"></A>

<a name="_bclPageBorder1"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: center; MARGIN: 0in 7.1pt 0pt 0in" align=center><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>COMPANHIA DE SANEAMENTO B&#193;SICO DO ESTADO DE S&#195;O PAULO - SABESP</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 7.1pt 0pt 0in" 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</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 7.1pt 0pt 0in" align=center><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>Company Registry (NIRE): 35.3000.1683-1</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 12pt 7.1pt 0pt 0in" align=center><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 150%" face=verdana,sans-serif>EXCEPT OF THE MINUTES OF THE EIGHT HUNDRED AND NINETY-FIRST BOARD OF DIRECTORS&#8217; MEETING</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 7.1pt 0pt 0in"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 150%" face=verdana,sans-serif>On July 15, 2019, at 2:00 p.m., the undersigned members of the Board of Directors of Companhia de Saneamento B&#225;sico do Estado de S&#227;o Paulo &#8211; SABESP (&#8220;Company&#8221; or &#8220;Issuer&#8221;), located at Rua Costa Carvalho, n&#186; 300, Pinheiros, in the city and state of S&#227;o Paulo, listed below resolved, via e-mail, on the following agenda, at the call of the Chairman of the Board of Directors, Mario Engler Pinto Junior, on an extraordinary basis, pursuant to the caput and paragraph six of article 13 of the Bylaws:</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 7.15pt 0pt 28.35pt; TEXT-INDENT: -0.25in"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 150%" face=verdana,sans-serif>1.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 150%" face="times new roman">&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 150%" color=black face=verdana,sans-serif>Ratification of the result of the Bookbuilding Procedure of the 24th Debenture Issue. </FONT></B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 150%" face=verdana,sans-serif>The matter was instructed based on Executive Board Resolution </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 150%" color=black face=verdana,sans-serif>0274/2019, of 7/12/2019, Internal Communication FI 034/2019, of 7/12/2019, and the PowerPoint presentation, all of which were filed in the electronic folder of this meeting</FONT><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 150%" face=verdana,sans-serif>.</FONT><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 150%" color=black face=verdana,sans-serif> Pursuant to article 59, paragraph 1 of Law 6,404, of December 15, 1976, as amended, as per items XIX and XXII of article 14 of the Company&#8217;s Bylaws and the resolutions of the 890<SUP>th</SUP> Board of Directors&#8217; Meeting of June 13, 2019 (&#8220;890<SUP>th</SUP> Board of Directors&#8217; Meeting&#8221;), the Board members </FONT><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 150%" color=black face=verdana,sans-serif>unanimously approved</FONT></B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 150%" color=black face=verdana,sans-serif> the ratification of the result of the Bookbuilding Procedure, held on July 12, 2019, under the twenty-fourth (24<SUP>th</SUP>) issue of simple, unsecured debentures not convertible into shares, in up to two (2) series, for public distribution, pursuant to Instruction 400 of the Brazilian Securities and Exchange Commission of December 29, 2003, as amended (&#8220;Debentures&#8221;, &#8220;Issue&#8221; and &#8220;Offering&#8221;, respectively), by means of which they defined: (i) the issue of First Series Debentures (as defined below); (ii) the number of Debentures allocated to each series of the Issue; (iii) the final rate of First Series Remuneration (as defined below) and Second Series Remuneration (as defined below); and (iv) the total value of the Offering; as follows:</FONT></P>

<P style="MARGIN: 0in 0in 0in 28.35pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=black face=verdana,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 7.15pt 0pt 28.35pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 150%" color=black face=verdana,sans-serif>1.&nbsp;&nbsp;&nbsp; Number of Debentures: A total of four thousand (400,000) Debentures will be issued in two (2) series, of which: (i) one hundred thousand (100,000) First Series Debentures; and (ii) three hundred thousand (300,000) Second Series Debentures (as defined below); the number of Debentures allocated to each series was defined based on the Bookbuilding Procedure.</FONT></P>

<P style="MARGIN: 0in 7.15pt 0pt 28.35pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=black face=verdana,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 7.15pt 0pt 28.35pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 150%" color=black face=verdana,sans-serif>2.&nbsp;&nbsp;&nbsp; Number of Series: The Issue will be carried out in two (2) series, whereby the first series and the number of Debentures allocated to each series of the Issue were defined based on the demand of Debentures, as calculated in the Bookbuilding Procedure and in accordance with the Issuer&#8217;s allocation interest, pursuant to the Indenture. The allocation of the Debentures among the Issue series was made using the communicating vessels system; the number of Debentures of any series was reduced from the total number of Debentures, thus limiting the number of Debentures allocated to the other series. The Debentures of the Offering distributed under the first series will be hereinafter called &#8220;First Series Debentures&#8221; and the Debentures of the Offering distributed under the second series will be hereinafter called &#8220;Second Series Debentures&#8221;.</FONT></P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_2"></A>

<a name="_bclPageBorder2"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="MARGIN: 0in 0in 0pt 28.35pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=black face=verdana,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 7.15pt 0pt 28.35pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 150%" color=black face=verdana,sans-serif>3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Remuneration of First Series Debentures: First Series Debentures will be entitled to remuneration (&#8220;First Series Remuneration&#8221;) corresponding to three point twenty percent (3.20%) p.a., based on a year of two hundred and fifty-two (252) business days. First Series Remuneration will be calculated on an exponential and cumulative basis, proportionally to the number of business days elapsed, based on the Updated Nominal Unit Value (as defined in the Indenture) of First Series Debentures, since the First Payment Date (as defined in the Indenture) of First Series Debentures or the last Payment Date of the Remuneration (as defined in the Indenture), as applicable, and paid at the end of each Yield Period (as defined in the Indenture). The calculation of First Series Remuneration will be based on the formula presented in the Indenture.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 7.15pt 0pt 28.35pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 150%" color=black face=verdana,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 7.15pt 0pt 28.35pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 150%" color=black face=verdana,sans-serif>4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Remuneration of Second Series Debentures: Second Series Debentures will be entitled to remuneration (&#8220;Second Series Remuneration&#8221;) corresponding to three point thirty-seven (3.37%) p.a., based on a year of two hundred and fifty-two (252) business days. Second Series Remuneration will be calculated on an exponential and cumulative basis, proportionally to the number of business days elapsed, based on the Updated Nominal Unit Value of Second Series Debentures, since the First Payment Date of Second Series Debentures or the last Payment Date of Remuneration, as applicable, and paid at the end of each Yield Period. The calculation of Second Series Remuneration will be based on the formula presented in the Indenture.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 7.15pt 0pt 28.35pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 150%" color=black face=verdana,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 7.15pt 0pt 28.35pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 150%" color=black face=verdana,sans-serif>5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Issue Amount: The total Issue amount is four hundred million reais (R$400,000,000.00) on the Issue Date (as defined in the Indenture).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 7.15pt 0pt 28.35pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 150%" color=black face=verdana,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 7.15pt 0pt 28.35pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 150%" color=black face=verdana,sans-serif>The Board of Directors ratified all other terms and conditions related to the Issue, as approved on the resolutions of the 890<SUP>th</SUP> Board of Directors&#8217; Meeting, and on the &#8220;Indenture of the 24<SUP>th</SUP> Issue of Simples, Unsecured Debentures Not Convertible into Shares, in up to Two Series, for Public Distribution, of Companhia de Saneamento B&#225;sico do Estado de S&#227;o Paulo - SABESP&#8221;, signed on June 13, 2019 between the Company and Planner Trustee Distribuidora de T&#237;tulos e Valores Mobili&#225;rios Ltda., which was duly recorded with the S&#227;o Paulo State Commercial Registry on June 26, 2019, under number ED002946-4/000 (&#8220;Indenture&#8221;), as well as all the acts related to the Issue previously practiced by the Board of Executive Officers. The Board of Directors also ratified the authorization of the members of the Company&#8217;s Board of Executive Officers to negotiate and sign the amendment to the Indenture that will reflect the result of the Bookbuilding Procedure, as well as to practice all the other acts necessary for this purpose.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 7.1pt 0pt 0in"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 150%" color=windowtext face=verdana,sans-serif>(...)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 7.1pt 0pt 0in"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 150%" color=windowtext face=verdana,sans-serif>Minutes signed by the members of the Board of Directors: Mario Engler Pinto Junior, Benedito Pinto Ferreira Braga Junior, Ernesto Rubens Gelbcke, Francisco Luiz Sibut Gomide, Francisco Vidal Luna, Lucas Navarro Prado, Lu&#237;s Eduardo Alves de Assis, Monica Ferreira do Amaral Porto and Reinaldo Guerreiro.</FONT></P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_3"></A>

<a name="_bclPageBorder3"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: justify; MARGIN: 0in 7.1pt 0pt 0in"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 150%" color=windowtext face=verdana,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 7.1pt 0pt 0in"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 150%" face=verdana,sans-serif>This is a free translation of the excerpt of the minutes drawn up in the book of minutes of Board of Directors&#8217; meetings.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 7.1pt 0pt 0in"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 150%" face=verdana,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 7.1pt 0pt 0in"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 150%" face=verdana,sans-serif>S&#227;o Paulo, July 15, 2019.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 7.1pt 0pt 0in"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 150%" face=verdana,sans-serif>Mario Engler Pinto Junior</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 7.1pt 0pt 0in"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 150%" face=verdana,sans-serif>Chairman of the Board of Directors</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 7.1pt 0pt 0in"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 150%" face=verdana,sans-serif>Marialve de S. Martins</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 7.1pt 0pt 0in"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 150%" face=verdana,sans-serif>Secretary of the Board of Directors</FONT></P></DIV>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<HR align=left color=#000000 SIZE=2 noShade>



<P></P>

<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;August 27, 2019</FONT></DIV>

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

<DIV align=center>

<TABLE style="WIDTH: 70%" cellSpacing=0 cellPadding=0>



<TR>

   <TD vAlign=top width="50%" colSpan=3>

   <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>

   <TD height=16></TD></TR>

<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;

   <HR align=left color=#000000 SIZE=1 noShade>

</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>

<HR align=left color=#000000 SIZE=2 noShade>

</DIV>

<P></P>

<DIV></DIV>

</BODY>

</HTML>

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
