Brasil Brokers Participações S.A. (“Brasil Brokers” or the “Company”), a publicly-held company with common shares traded on the Novo Mercado segment of the São Paulo Stock Exchange (Bovespa) under the ticker BBRK3, in compliance with CVM Instruction 358/2002, hereby informs its shareholders and the market in general that the Extraordinary General Meeting of Brasil Brokers held on September 2, 2008 (“Meeting”) approved the ratification of the Company’s acquisition of control over the following companies: Abyara Intermediação Imobiliária S.A., Triumphe Consultoria Imobiliária S.A. and Global Consultoria Imobiliária S.A., pursuant to Article 256, item I of the Brazilian Corporation Law (Law 6404/76) (“Acquisitions”).

The resolution taken at the Extraordinary General Meeting entitles dissenting shareholders to withdraw from Brasil Brokers through reimbursement for the value of their shares.

The reimbursement value for the dissenting shareholders will be R$1.80 (one Real and eighty centavos) per Company share, pursuant to articles 45 and 137 of Law 6404/76, based on the book value of Brasil Brokers shares, according to the latest approved balance sheet of December 31, 2007, available to shareholders on the websites of the Company, the Brazilian Securities and Exchange Commission - CVM and the BOVESPA.

The right to withdraw is ensured to dissenting shareholders that demonstrate they owned shares in the Company on August 7, 2008 (respecting their respective positions on the release date of each of the Company’s Material Facts relating to the Acquisitions: May 5, 2008, August 5, 2008 and August 7, 2008), by submitting: (i) a copy of the identification document and/or pertinent corporate acts that attest to legal representation, if applicable; and (ii) a statement of shareholding positions on the dates of the above Material Facts issued by the depositary institution. Dissenting shareholders must manifest their intent to exercise the right of withdrawal by written notice sent to the Company within thirty (30) days as from September 24, 2008 (the date of publication of the minutes of the Extraordinary General Meeting), i.e. up to and including October 24, 2008. Payment of the reimbursement amount shall observe the provisions of article 137 of Law 6404/76 and take place within ten (10) days as of the closing of the period for exercising the right of withdrawal.

Rio de Janeiro, October 7, 2008.

Álvaro Soares
Chief Financial and Investor Relations Officer

To access the full Notice to the Market, click here.