Brasil Brokers Participações S.A. (the “Company”), a publicly held company with common shares 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 Article 137 of Law 6,404/76, that, following the termination of the legal period of 30 days after September 24, 2008, which was the publication date of the Extraordinary Shareholders’ Meeting held on September 2, 2008 ratifying the Company’s acquisition of controlling interests in the companies Abyara Intermediação Imobiliária S.A., Triumphe Consultoria Imobiliária S.A. and Global Consultoria Imobiliária S.A. (“Transaction”), the withdrawal rights for 814,500 common shares issued by the Company were exercised. As already disclosed, the reimbursement will be made at the book value of the stock based on the balance sheet at December 31, 2007, which corresponds to R$1.80 (one Brazilian real and eighty centavos) per share, for a total of R$1,466,100.00 (one million, four hundred sixty-six thousand and one hundred Brazilian real). The payment of this amount will be made to dissenting shareholders on November 3, 2008.

Brasil Brokers reaffirms its belief that the Transaction was made in the best interests of the Company and its shareholders, receiving the approval of a majority of the shareholders, including minority shareholders, present at the Extraordinary Shareholders’ Meeting dated September 2, 2008, which was called expressly for this purpose.

Rio de Janeiro, October 24, 2008

Álvaro Soares
Chief Financial and Investor Relations Officer

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