OREANDA-NEWS. December 15, 2011. Banco Indusval S.A. (Banco Indusval & Partners) (BM&FBOVESPA: IDVL3 and IDVL4), financial institution headquartered in the capital of the State of Sao Paulo, at Rua Boa Vista, 356, 7th floor, Federal Corporate Taxpayer (CNPJ) # 61.024.352/0001­71 ("Company" or "Banco Indusval"), notifies its shareholders and the market in general that:

With the purpose of strengthening the strategy for excellence in corporate credit in order to Banco Indusval achieve leadership in the growing market of corporate fixed income securities, we believe that acquiring the control and making Indusval Corretora de Valores ("Broker"), again, a wholly owned subsidiary, is essential for the distribution of such securities.

Accordingly, Banco Indusval acquired from Messrs. Alexandre Atherino and Luiz Fernando Monteiro Gouvea, for BRL  13,000,000.00 (thirteen million reais) the 254 (two hundred and fifty-four) common shares ("Shares ") issued by the Broker, representing approximately 97.69% of the voting capital (48.84% of total capital) by Purchase and Sale Agreement and other Agreements concluded on 15.06.2011.

It is noteworthy that on 20 May 2011 to SERENDIPITY HOLDING FINANCEIRA LTDA, by the 4th Amendment of the Company's Bylaws, refund to Mr. ALEXANDRE ATHERINO and Mr. LUIZ FERNANDO MONTEIRO DE GOUVEA, its only members, 254 (two hundred and fifty-four) common shares representing part of the Broker's capital;

Messrs. Alexander Atherino and Luiz Fernando will remain as Directors of the Broker and shareholders of Banco Indusval, continuing the work currently carried out that aim to long-term results.