OREANDA-NEWS. March 24, 2011. We inform our shareholders that Banco Indusval S.A. ("Company"), pursuant to the applicable legal provisions and its bylaws, will promote an increase in its capital stock, currently at BRL  370,982,750.11 (three hundred and seventy million, nine hundred and eighty-two thousand, seven hundred and fifty real and eleven cents) divided into 27,000,000 (twenty-seven million) registered common shares in book-entry form and with no par value, and 14,212,984 (fourteen million, two hundred and twelve thousand, nine hundred and eighty four) registered preferred shares in book entry-form and with no par value, up to BRL 660,198,274.11 (six hundred sixty million, one hundred and ninety eight thousand, two hundred and seventy four real and eleven cents), with an increase in the amount up to BRL  289,215,254.00 (two hundred eighty nine million, two hundred fifteen thousand, two hundred fifty four real) by issuance, for private subscription, of up to 9,945,649 (nine million, nine hundred and forty five thousand, six hundred and forty nine) new common shares and up to 21,490,821 (twenty one million, four hundred and ninety thousand, eight hundred and twenty one) new preferred shares in book-entry form and with no par value.