Brasil Brokers announces its 4Q08 results

Rio de Janeiro, March 16, 2009. Brasil Brokers Participações S.A. (Bovespa: BBRK3), a real estate brokerage and consulting firm with a strong presence in Brazil’s major real estate markets, today announces its results for the fourth quarter of 2008 (4Q08) and the full year 2008.

The Company’s consolidated financial statements are prepared in accordance with generally accepted accounting principles in Brazil (BR GAAP), pursuant to Brazilian Corporate Law and the regulations of the Securities and Exchange Commission of Brazil (CVM).

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