News

MATERIAL FACT

Brasil Brokers Participações S.A. (“Brasil Brokers” or “Company”), a publicly-held company with common shares traded in the Novo Mercado of Bovespa under code BBRK3, pursuant to provisions set forth in CVM Rule 358/2002, informs its shareholders and the general market that the Company, in accordance to its geographic expansion strategy through the acquisition of interest in real estate agency companies, entered into, on this date, the Agreement for Purchase of Ownership Interest in the capital stock of Jairo Rocha Empreendimentos e Negócios Imobiliários S.A. (“Jairo Rocha Imobiliária”), acquiring 100% of the company’s capital stock, market leader in the city of Recife, state of Pernambuco.

The acquisition amount corresponds to seven and a half times (7.5) the net profit of Jairo Rocha Imobiliária audited in fiscal year 2008, settled in two installments of 50% of the total amount each, the first of which on the transfer date of the shares and the second one by March 30, 2009, after the accounting of the net profit of the company for the fiscal year 2008. As to the first installment, R$5.6 million shall be paid in cash and the same amount by transfer the Company’s treasury shares,

As to the second installment, the outstanding balance shall be paid as follows: 50% in currency and the remaining amount by means of transfer of the Company’s shares.

The shares used in the acquisition of Jairo Rocha Imobiliária shall be subject to the same trading restrictions (“additional lock up”) set forth in the Company’s shareholders agreement.

The Company shall keep the shareholders and the market informed about further events related to this transaction, by means of Bovespa, CVM and its website (www.brbrokers.com.br).

Rio de Janeiro, January 25, 2008.
Álvaro Soares
Finance and Investor Relations Officer