Notice of Non-Installation of the Extraordinary Shareholders´ Meeting

Rio de Janeiro, May 12, 2011 - Brasil Brokers (BM&FBovespa: BBRK3), a real estate brokerage and consulting company announces that, on May 12, 2011, at 11:00 am, the Chief Financial and Investor Relations Officer and Controller Alvaro Luiz Lisboa Barata Soares was present at the headquarters of Brasil Brokers Participações S.A., in order to convene BBRK’s Extraordinary Shareholders’ Meeting, which had been scheduled for this date through the publication of the Call Notices in the Diário Oficial do Estado do Rio de Janeiro and in the newspaper Valor Valor Econômico (National edition), on April 27, 28 and 29, 2011 (first call).

Given the lack of quorum required for the installation of the Meeting, the Company’s Executive Board will publish another Call Notice to hold the Meeting in second call, on May 23, 2011, at 11:00 am, at the headquarters of BBRK, to resolve on the matters on the agenda.

To access the Document, click here.