Payment History of Gross Dividends
Period Description Payment Date R$ per 1,000
Preferred Shares
R$ per 1,000
Common Shares
US$ per 1,000
Preferred Shares
US$ per 1,000
Common Shares
US$ per 100
ADRs
2001 Interest on Equity

Interest on Equity
8/22/2001

2/14/2002
32.40

89.29
29.40

81.18
12.84

36.82
11.65

33.48
11.00

31.33
2002 Dividends

Interest on Equity

Interest on Equity
8/16/2002

2/14/2003

2/21/2003
17.60

74.71

23.97
16.00

67.92

21.79
5.57

20.42

6.64
5.06

18.57

6.03
5.67

17.24

5.60
2003 Interest on Equity

Interest on Equity
8/15/2003

2/16/2004
71.40

156.80
64.90

142.54
23.85

53.95
21.68

49.04
20.14

45.16
2004 Interest on Equity

Interest on Equity

Interest on Equity
8/17/2004

2/16/2005

3/14/2005
77.88

133.93

13.13
70.80

121.75

11.94
25.97

51.66

4.77
23.61

46.96

4.34
21.92

43.61

4.01
2005 Interest on Equity

Interest on Equity

Dividends
8/17/2005

2/16/2006

3/16/2006
84.90

174.52

39.12
77.18

174.52

39.12
36.14

82.41

18.57
32.85

82.41

18.57
30.53

69.54

18.39
2006 Interest on Equity

Interest on Equity
8/17/2005

2/16/2007
73.48

101.79
73.48

101.79
34.39

48.67
34.39

48.67
28.94

41.19
2007 Interest on Equity

Interest on Equity

Dividends
8/17/2007

2/15/2008

2/15/2008
87.82

144.80

73.39
87.82

144.80

73.39
43.10

71.06

36.02
43.10

71.06

36.21
15.26

20.98

12.54
2008 Interest on Equity

Interest on Equity

Dividends
8/18/2008

8/18/2008

8/18/2008
67.75

67.75

9.63
67.76

67.75

9.63
41.45

41.44

5.89
41.45

41.44

5.89
10.51

10.51

1.76