<SEC-DOCUMENT>0000950103-14-008751.txt : 20141211
<SEC-HEADER>0000950103-14-008751.hdr.sgml : 20141211
<ACCEPTANCE-DATETIME>20141211115657
ACCESSION NUMBER:		0000950103-14-008751
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20141211
FILED AS OF DATE:		20141211
DATE AS OF CHANGE:		20141211

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ULTRAPAR HOLDINGS INC
		CENTRAL INDEX KEY:			0001094972
		STANDARD INDUSTRIAL CLASSIFICATION:	NATURAL GAS DISTRIBUTION [4924]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14950
		FILM NUMBER:		141279938

	BUSINESS ADDRESS:	
		STREET 1:		AV BRIGADERIO LUIZ ANTONIO 1343
		STREET 2:		9 ANDAR SAO PAULO
		CITY:			SP BRAZIL 01350-900
		STATE:			D5
		ZIP:			00000

	MAIL ADDRESS:	
		STREET 1:		CT CORPORATION SYSTEM
		STREET 2:		1633 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
</SEC-HEADER>
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<TYPE>6-K
<SEQUENCE>1
<FILENAME>dp51802_6k.htm
<DESCRIPTION>FORM 6-K
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<div style="TEXT-ALIGN: right"><font style="FONT-WEIGHT: bold">Item 1</font></div>

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<div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt; FONT-WEIGHT: bold">MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS (07/2014)</font></div>

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<div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: arial; FONT-SIZE: 10pt; FONT-WEIGHT: normal">December 10<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; FONT-WEIGHT: normal">th</font>, 2014, at 2:30 p.m., at the Company's headquarters, located at Av. Brigadeiro Lu&#237;s Ant&#244;nio, n<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; FONT-WEIGHT: normal">r</font> 1343, 9<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; FONT-WEIGHT: normal">th</font> floor, in the City and State of S&#227;o Paulo.</font></div>

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<div align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Proposal on Oxiteno's strategic positioning, the Company's businesses in the chemicals segment<font style="DISPLAY: inline">.</font></font></div>
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<div align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">The Company's operational and investment plan for 2015.</font></div>
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<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">3.</font></div>
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<div align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">The Anti-Corruption and Relationship with Public Officers Policy.</font></div>
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<div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">4.&#160;</font></div>
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<div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">In compliance with the provisions of art. 28 of the Company's Bylaws, the program for the repurchase of shares issued by the</font></div>
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<div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 18pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 8pt">(Minutes of the Meeting of the Board of Directors of Ultrapar Participa&#231;&#245;es S.A.,</font></div>

<div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 18pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 8pt">held on December 10<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">th</font>, 2014)</font></div>

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<div align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Company, according to the following terms and conditions ("Share Repurchase Program"):</font></div>
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<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">a.</font></div>
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<div align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Period: the maximum period for the acquisition of Company's shares under the Share Repurchase Program will be 365 days, from December 12, 2014 to December&#160;11, 2015. The Company's Executive Board shall set the dates on which the repurchase will actually be carried out;</font></div>
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<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">b.</font></div>
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<div align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Number of shares outstanding:<font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">&#160;</font>the number of the Company's shares outstanding is 548,666,940;</font></div>
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<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">c.</font></div>
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<div align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Maximum number of shares to be repurchased:<font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">&#160;</font>the limit of shares to be repurchased by the Company under the Share Repurchase Program is up to six million five hundred thousand (6,500,000) common shares, representing 1.2% of the Company's total shares outstanding;</font></div>
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<div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">d.&#160;</font></div>
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<td align="left">
<div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Purpose: Company's shares acquired under the Share Repurchase Program will be kept in treasury, and may be subsequently cancelled or disposed of (also in the context of the Company's stock plan). The Company understands that the Share Repurchase Program is an attractive alternative to the use of its financial resources; and</font></div>
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<div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 18pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 8pt">(Minutes of the Meeting of the Board of Directors of Ultrapar Participa&#231;&#245;es S.A.,</font></div>

<div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 18pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 8pt">held on December 10<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">th</font>, 2014)</font></div>

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<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">e.</font></div>
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<div align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Intermediary Institutions: acquisition transactions under the Share Repurchase Program will be carried out at market price on BM&amp;FBOVESPA's trading floor, through the intermediation of the following financial institutions:</font></div>
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<div align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">ITA&#218; CV S.A.</font></div>
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<div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 72pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Av. Brigadeiro Faria Lima, n<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">r</font> 3.500 &#8211; 3<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">rd</font> floor, part &#8211; S&#227;o Paulo / SP</font></div>

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<div align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">MORGAN STANLEY CTVM S.A.</font></div>
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<div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 72pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Av. Brigadeiro Faria Lima, n<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">r</font> 3.600 &#8211; 6<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">rd</font> floor &#8211; S&#227;o Paulo / SP</font></div>

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<div align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">MERRIL LYNCH S.A. CTVM</font></div>
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<div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 72pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Av. Brigadeiro Faria Lima, n<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">r</font> 3.400 &#8211; suite 601 &#8211; Part A &#8211; S&#227;o Paulo / SP</font></div>

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<div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">a.&#160;</font></div>
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<div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 18pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 8pt">(Minutes of the Meeting of the Board of Directors of Ultrapar Participa&#231;&#245;es S.A.,</font></div>

<div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 18pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 8pt">held on December 10<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">th</font>, 2014)</font></div>
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<div align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">payments, with amortization in equal annual installments starting on the 3<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">rd</font> year and will bear interest corresponding to one hundred and two point five percent (102.5%) of the accumulated variation of the average daily DI rates (Inter-bank deposits of one day), calculated and published daily by CETIP.</font></div>
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<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">b.</font></div>
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<div align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">The Debentures will have a six-year term, starting from the offering date, except in case of early redemption and early maturity of the Debentures.</font></div>
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<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">c.</font></div>
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<div align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">The guarantee will be provided without exception or reserve, and the Company will be the guarantor and principal payer, on a joint and several liability basis, of the main and ancillary obligations of Ipiranga in connection with the Debentures up to its final settlement.</font></div>
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<div align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">To distribute, pursuant to the terms of the plan approved at the extraordinary general meeting of the Company held on November 26, 2003, shares to certain executives of the Company, according to the proposal filed in the Company's headquarters, presented by the Chief Executive Officer and endorsed by the Compensation Committee.</font></div>
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<div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 18pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 8pt">(Minutes of the Meeting of the Board of Directors of Ultrapar Participa&#231;&#245;es S.A.,</font></div>

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<div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-FAMILY: arial; FONT-SIZE: 10pt">Publicly Listed Company</font></font></div>

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<div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt; FONT-WEIGHT: bold">MATERIAL NOTICE</font></div>

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<div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt; FONT-WEIGHT: bold">ULTRAPAR&#8217;S SHARES REPURCHASE PROGRAM</font></div>

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<div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">S&#227;o Paulo, December 10, 2014 &#8211; Ultrapar Participa&#231;&#245;es S.A. (&#8220;Ultrapar&#8221; or &#8220;Company&#8221;), in compliance to the provisions of the Article 157, paragraph 4 of the Law n<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">r</font> 6.404/76 and to the Brazilian Securities and Exchange Commission (&#8220;CVM&#8221;) Instructions n<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">r</font> 358 of January 3, 2002, and n<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">r</font> 319 of December 3, 1999, hereby informs that in the meeting of the Board of Directors held today, Ultrapar&#8217;s Shares Repurchase Program (&#8220;Share Repurchase Program&#8221;) was approved, pursuant to the article 28 of its Bylaws, the Article 30, paragraph 1, &#8220;b&#8221;, of the Law n<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">r</font> 6.404/76, and the CVM Instruction n<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">r</font> 10, of February 14, 1980, under the following terms and conditions:</font></div>

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<div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">a) <font style="DISPLAY: inline; TEXT-DECORATION: underline">Period</font>: the maximum period for the acquisition of Company's shares under the Share Repurchase Program will be 365 days, from December 12, 2014 to December 11, 2015, and the Company's Executive Board shall set the dates on which the repurchase will actually be carried out;</font></div>

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<div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">b) <font style="DISPLAY: inline; TEXT-DECORATION: underline">Number of shares outstanding</font>:<font style="DISPLAY: inline; FONT-SIZE: 10pt">&#160;</font>the number of Ultrapar's shares outstanding is 548,666,940;</font></div>

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<div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">c) <font style="DISPLAY: inline; TEXT-DECORATION: underline">Maximum number of shares to be acquired</font>:<font style="DISPLAY: inline; FONT-SIZE: 10pt">&#160;</font>the limit of shares to be acquired by the Company under the Share Repurchase Program is up to six million five hundred thousand (6,500,000) common shares, representing 1.2% of the Company's total shares outstanding;</font></div>

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<div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">d) <font style="DISPLAY: inline; TEXT-DECORATION: underline">Purpose</font>: Company's shares acquired under the Share Repurchase Program will be kept in treasury, and may be subsequently cancelled or disposed of (including the scope of the Company's stock plan). The Company understands that the Share Repurchase Program is an attractive alternative to the use of its financial resources; and</font></div>

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<div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">e) <font style="DISPLAY: inline; TEXT-DECORATION: underline">Intermediary institutions</font>: acquisition transactions under the Share Repurchase Program will be carried out at market price on BM&amp;FBOVESPA's trading floor, through the intermediation of the following financial institutions:</font></div>

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<div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Av. Brigadeiro Faria Lima, n<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">r</font> 3.500 &#8211; 3<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">rd</font> floor, part &#8211; S&#227;o Paulo / SP</font></div>

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`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
