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Investor Relations | |
(55 61) 415-1140 | |
ri@brasiltelecom.com.br | |
Media Relations | |
(1 212) 983-1702 | |
cesarb@brasiltelecom.com.br |
Free Translation
BRASIL TELECOM S.A.
Publicly Traded Company
Corporate Taxpayer Registration: 76.535.764/0001 -43
Board of Trade: 53 3 0000622 9
INTEREST ON OWN CAPITAL AND COMPLEMENTARY DIVIDEND OF THE FISCAL YEAR OF 2006
According to Board of Directors Meeting held on 02/27/2007, Brasil Telecom S.A. (Company) informs that the management will submit to the Ordinary General Shareholders Meeting of 2007, to be summoned, the declaration of complementary dividends and to impute to the interest on own capital already declared, relative to the fiscal year of 2006, as follows:
Interest on Own Capital amounts declared in the fiscal year of 2006:
Date of Credit |
Base Date Of Shareholding Position |
Brazilian Ex-Date |
Total Appropriated (R$) |
Gross Amount Per 1,000 Shares (R$) |
Amount Net Of Income Tax Per 1,000 Shares (R$) |
Payment Date |
06/30/2006 | 07/10/2006 | 11/07/2006 | 245,000,000.00 | 0.447674858 | 0.380523629 | To be defined |
12/29/2006 | 12/26/2006 | 12/27/2006 | 103,900,000.00 | 0.189850685 | 0.161373082 | To be defined |
The complementary dividend in the amount of R$61,871,809.92 (Sixty one million, eight hundred and seventy one thousand, eight hundred and nine reais and ninety two cents of reais), equivalent to R$0.113054913 per 1,000 shares, common or preferred, to be declared referring to the fiscal year of 2006, was calculated based on the net income registered in the fiscal year of 2006.
The shareholders which holds a shareholding position on its declaration date are be entitled to the complementary dividend, in compliance with art. 205 of Law 6,404/76. The proposal for complementary dividend will be submitted by the management for the approval of the Ordinary General Shareholders Meeting, to be summoned.
Brazil, Brasília, March 1st, 2007.
Charles Laganá Putz
Investor Relations Officer
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BRASIL TELECOM S.A.
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By: |
/S/ Charles Laganá Putz
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Name: Charles Laganá Putz
Title: Chief Financial Officer |
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.