OREANDA-NEWS. December 21, 2011. We inform our shareholders and the market in general that according to the resolution of the Board of Directors of this date:

On January 4, 2011, we will pay interest on own equity of BRL  0.16838 per share to our shareholders, which net of withholding tax of 15%, results in net interest of BRL  0.14312 per share, except for those legal entities that are proven to be exempt from this taxation;

Such payment will be based on the shareholding positions held at the end of

trading hours of December 20, 2011 and shares negotiated in the Stock Exchange from December 21, 2011 will not be eligible for this complementary interest on equity.

The payment will be made as follows:

For those shareholders with shares deposited at BM&FBovespa's central depositary, the amounts will be paid to BM&FBovespa, who will credit the shareholders via their brokerage firms;

The payment to other shareholders will be credited to the shareholder's according to their information filed with Itau Corretora de Valores S.A., the financial institution that manages the stock book system of Banco Indusval.

We would like to remind our shareholders of the importance of maintaining their registers updated to allow the proper payment of Interest on Equity. Therefore, we recommend our shareholders to contact the brokerage firms they operate with for data files updates. For those shareholders which shares are placed under the custody of Itau Corretora de Valores S.A., we request them to go to any of the securities specialized Itau Unibanco branches.