FAQ

Where are Brasil Brokers’ shares traded?

Shares of Brasil Brokers are listed for trading on the BM&FBOVESPA under the ticker "BBRK3". The Company has entered into an agreement with the BM&FBOVESPA to list its shares in the ?Novo Mercado?, the highest level of differentiated corporate governance practices.

What are the rights of Brasil Brokers’ common shares?

Brasil Brokers’ shares entitle their owners the following rights:

(a) Right to vote at the Company’s General Meetings, with each share corresponding to one vote;

(b) Right to the minimum mandatory dividend, in each fiscal year, of not less than 25% of the adjusted net income, calculated in accordance with article 202 of Brazilian Corporate Law;

(c) The divestiture of control in the Company, whether by a single transaction or a series of successive transactions, shall be carried out in suspensive or resolutory conditions, that is, the buyer undertakes to tender a public offer for acquisition of all other shares held by other shareholders of the Company under the conditions and time limits provided in legislation and in the Novo Mercado Listing Regulations, so that they may be accorded the same treatment as the Selling Controlling Shareholder.

(d) If any shareholder acquires or becomes the owner of other rights, including usufruct or trustee rights over the shares issued by the Company, corresponding to 20% or more of the total number of shares issued, the shareholder will have 60 days from the date of such acquisition to register to hold or request to hold a public offer, as the case may be, for a public share offering under the terms of Article 35 of the Company’s Bylaws;

(e) If the Company is delisted from the Novo Mercado segment of the BM&FBOVESPA, shareholders have the right to sell their shares in a public offering to be held by the controlling shareholder, especially in case of exit from the Novo Mercado segment, or by the Company. The minimum price offered should correspond to the Economic Value arrived at by the appraisal report prepared by a specialized company with proven expertise and autonomy vis-à-vis the decision-making powers of the Company, its management and/or the Controlling Shareholder, and shall meet the requirements set forth in article 8, paragraph 1 of Brazilian Corporate Law, in addition to mentioning the liability set out in paragraph 6 of the same article; and

(f) All further rights of shares, under the terms provided in the Novo Mercado Listing Regulations, the Company’s Bylaws and the Brazilian Corporate Law, including the payment of full dividends and all other benefits declared by the Company from the Date of Liquidation.

How and where does Brasil Brokers disclose its information?

All of Brasil Brokers material facts, earnings releases and other notices to the market are published simultaneously at CVM/BM&FBOVESPA and in the investor relations page of the Company’s website (http://www.brbrokers.com.br/ri), and sent later by e-mail to all those registered to receive this information. Please click here to register.

The complete financial statements are published annually in the newspaper Valor Econômico (Edição Nacional) and the Official Gazette. Quarterly financial statements, press releases, presentations, material facts and notices to shareholders are available in the investor relations page of the Brasil Brokers website (http://www.brbrokers.com.br/ri). Further information about the Company is available in the websites of São Paulo Stock Exchange (BM&FBOVESPA) and the Brazilian Securities and Exchange Commission (www.cvm.gov.br).

How can I invest in shares?

Before looking for a Brokerage firm, we suggest you study about this subject at BM&FBOVESPA´s. website. To help beginners, the São Paulo Stock Exchange has prepared a Basic Course about the Stock Market. The course is divided into three modules and there are exercises to test your knowledge. Click on the links below to learn more:

Basic Course "Stock Market"
Basic Course "Spot Market"
Basic Course "Options Market"

The next step is to look for a Brokerage firm, which offers professionals for market, sector and company analyses. They will keep you informed about the right moment to buy and sell specific shares in order to get the best results.

You can also trade on shares online. For this, you need to be a client of one of BM&FBOVESPA’s brokers with the Home Broker system, which allows online share trading.

Who is responsible for shareholder service and where is it available?

Brasil Brokers provides shareholder services at all branches of Banco Itaú S.A., headquartered at Praça Alfredo Egydio de Souza Aranha, no. 100, Torre Itaúsa, São Paulo, SP. The phone number and the e-mail address of Banco Itaú shareholders’ department are (0xx11) 3003-9285 (capitals and metropolitan area) / 0800-720-9285 (other locations) and investfone.investimento@itau-unibanco.com.br, respectively. Website: www.investshop.com.br/acionistas

Addresses and contacts of the specialized branches:

Brasília
Contact: Constancia Maria S de Oliveira
SCS Quadra 3 - Edif. D’Angela, 30, Bloco A, Sobreloja
Centro - Brasília/DF
CEP 70300-500
Phone: (0xx61) 3316 4850

Belo Horizonte
Contact: Jussara Maria Miranda de Souza
Av. João Pinheiro 195, Subsolo
Centro - Belo Horizonte/MG
CEP 30130-180
Phone: (0xx31) 3249 3524

Curitiba
Contact: Marcia Regina de N Machado
R. João Negrão 65, Sobreloja
Centro - Curitiba/PR
CEP 80010-200
Phone: (0xx41) 3320 4128

Porto Alegre
Contact: Sandra Ferreira da Silva
R. Sete de Setembro,746 Térreo
Centro - Porto Alegre/RS
CEP 90010-190
Phone: (0xx51) 3210 9150

Rio de Janeiro
Contact: Mônica Lopes Carvalho Rodrigues
R. sete de Setembro,99 Subsolo
Centro - Rio de Janeiro/RJ
CEP 20050-005
Phone: (0xx21) 2508 8086

São Paulo
Contact: Claudia A Germano Vasconcellos
R. Boa Vista,176 1º SUBSOLO
Centro - Sao Paulo/SP
CEP 01092-900
Phone: (0xx11) 3247 3139

Salvador
Contact: Watson Carlos Passos Barreto
AV. Estados Unidos ,50 2º AND - (ED SESQUICENTENÁRIO)
Comércio - Salvador/BA
CEP 40020-010
Phone: (0xx71) 3319 8010

How can I contact Investor Relations?

Brasil Brokers Participações S.A.
Avenida das Américas nº 500, bloco 19, sala 301
Rio de Janeiro, RJ
22640-904
Phone: (0xx21) 3433-9550
Fax: (0xx21) 2495-1065
http://www.brbrokers.com.br/ri

Rodrigo Cuesta
IRO
E-mail: ri@brbrokers.com.br

Questions not related to analysts and investors must be sent to Brasil Brokers

Brasil Brokers provides shareholder services at all branches of Banco Itaú S.A., headquartered at Praça Alfredo Egydio de Souza Aranha, no. 100, Torre Itaúsa, São Paulo, SP. The phone number and the e-mail address of Banco Itaú shareholders’ department are (0xx11) 3003-9285 (capitals and metropolitan area) / 0800-720-9285 (other locations) and investfone.investimento@itau-unibanco.com.br, respectively. Website: www.investshop.com.br/acionistas

Why does Brasil Brokers use EBITDA?

EBITDA is a non-accounting measure used by the management of Brasil Brokers, calculated according to CVM Circular 01/2006, consisting of operating profit plus net financial results, depreciation and amortization. EBITDA is not recognized by BR GAAP, does not have a standardized meaning and Brasil Brokers’ definition of EBITDA may not be comparable to EBITDA as used by other companies.

Brasil Brokers uses EBITDA to measure its operating performance. EBITDA should not be considered in isolation or as an alternative to net income (expense) or operating revenues, as an indicator of the Company’s operating performance or cash flow, or as an indicator of liquidity or of its capacity to honor debt.