News

MATERIAL FACT

Brasil Brokers Participações S.A. (“Brasil Brokers” or “Company”), a publicly held company with common stock traded on the Novo Mercado Special Corporate Governance segment of the São Paulo Stock Exchange (Bovespa) under the stock code BBRK3, informs its shareholders and the general market, pursuant to CVM Instruction 358/2002, that on today’s date its Board of Directors authorized the acquisition of stock issued by the Company to be held in treasury for subsequent sale or cancellation.

The acquisition of the shares must observe the following limits and conditions, pursuant to CVM Instruction 10/80:

  1. Company’s objective with the operation: to maximize value creation for shareholders through efficient administration of its capital structure;
  2. Number of shares to be acquired: up to 3,500,000;
  3. Deadline for execution of the operations authorized: 365 days (three hundred sixty-five) days from today’s date;
  4. Number of shares in circulation: 75,588,700;
  5. Acquisition Venue: Bolsa de Valores de São Paulo S.A. – BOVESPA;
  6. Maximum Stock Price: the acquisition price of the shares may not exceed the price quoted on the BOVESPA.
  7. Intermediating Institutions: CREDIT SUISSE (BRASIL) S/A CTVM, CNPJ: 42.584.318/0001-07, with head offices Av. Brigadeiro Faria Lima, 3064 – 13º andar – São Paulo.

The Company will maintain its shareholders and the market informed of any subsequent events and additional details related to this operation through the BOVESPA, the Securities and Exchange Commission of Brazil (CVM) and its website (www.brbrokers.com.br).

Rio de Janeiro, September 18, 2008

BRASIL BROKERS PARTICIPAÇÕES S.A.
Álvaro Soares
Chief Financial and Investor Relations Officer

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