OREANDA-NEWS. February 17, 2011. Banco Bradesco S.A. communicates to the market and its shareholders that, at an auction held at the BM&FBovespa S.A. – Bolsa de Valores, Mercadorias e Futuros (Securities, Commodities and Futures Exchange) February 15, 2011, it sold all unsubscribed shares, related to the capital stock increase resolved at the Special Shareholders’ Meeting held on December 17, 2010, which successfully concludes the placement of 62,344,140 new shares, issued at a unit price of RUSD 24.06, totaling RUSD 1,500,000,000.00.

The exercise of preemptive right during the regular period reached the high level of 96.53% of the subscription. The unsubscribed shares representing 3.47%, which corresponds to 658,104 commons shares and 1,505,264 preferred shares, were sold at the auction, for additional proceeds of RUSD 11,441,258.19, related to the difference between the issue price and the sale price, which will be allocated to the account “Capital Reserve – Subscription Shares Premium”, benefiting all shareholders indistinctly.

Note that the unsubscribed shares were high disputed and were acquired at a price close to the price quoted for the shares outstanding in the market.

The result reflects the interest that Bradesco Shares attract among our shareholders and investors, both local and international, given the credibility and confidence that the Institution conveys, which over the years has consolidated its status as an investment that has corresponded to the Market's expectations.