OREANDA-NEWS. The Board of Directors of Banco Bradesco S.A., in a meeting held today, approved the Board of Executive Officer's proposal for the payment to the Company's shareholders of intermediary dividends, related to the first half 2014, in the total amount of BRL 829 million, consisting of BRL 0.188201395 per common share and BRL 0.207021535 per preferred share.

The shareholders registered in the Company's Books on this date shall be benefited. The Company's shares will be traded "ex-right" on intermediary dividends from June 25, 2014 on.

The payment shall be made on July 18, 2014 by the declared amount, with no Withholding Income Tax, pursuant to Article 10 of Law #9,249/95, as follows:

. to shareholders whose shares are deposited at the Company and that keep their register and banking data updated, by means of credit in the current accounts in a Financial Institution they indicate. Those who do not have such data updated must present themselves at a Bradesco Branch on their preference bearing their CPF (Individual Taxpayer's ID), RG (Identification Document) and proof of residence (utility bill) for record updating and receiving the respective amounts to which they are entitled;

. to shareholders whose shares are deposited at the BM&FBOVESPA S.A. - Bolsa de Valores, Mercadorias e Futuros (Securities, Commodities and Future Exchange), by means of Institutions and/or Brokerage Houses which keep their shareholding position in custody.

The dividends approved:

1) represent, approximately, 11.8 times the amount of the interest on shareholders' equity monthly paid (net of Withholding Income Tax);

2) will be computed in the calculation of mandatory dividends of the fiscal year, as provided in the Company's bylaws.