Updating of Economic-Financial Information with the Brazilian Central Bank in respect of Brazilian companies receiving foreign investments

The Foreign Capital and Exchange Bureau (DECEC) of the Brazilian Central Bank (BACEN), in accordance with Circular Nº 2997/2000, requires that all Brazilian companies whose equity interest is held by non-resident quotaholders/shareholders update their economic-financial information on BACEN’s electronic system with information pertaining to the financial year of 2006. The deadline to submit such declaration is April 30th, 2007.