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also thereby furnishing the
information to the Commission pursuant to Rule
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Yes ______ No ___X___
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registrant in connection with Rule 12g3-2(b):
Investor Relations | |
(55 61) 3415-1140 | |
ri@brasiltelecom.com.br | |
www.brasiltelecom.com.br/ri | |
Media Relations | |
(55 61) 3415-1378 | |
cesarb@brasiltelecom.com.br |
Free Translation | ||
BRASIL TELECOM S.A. | BRASIL TELECOM PARTICIPAÇÕES S.A. | |
Publicly-held Company | Publicly-held Company | |
Corporate Taxpayers ID (CNPJ/MF): | Corporate Taxpayers ID (CNPJ/MF): | |
76.535.764/0001-43 | 02.570.688/0001-70 | |
Corporate Registry: 53 3 0000622-9 | Corporate Registry: 53 3 0000581- 8 |
Notice to Shareholders
Brasil Telecom S.A. and Brasil Telecom Participações S.A. announce to the market the proposal for the total remuneration of the Companies management, which will be voted in their respective Extraordinary General Shareholders Meetings to be held on March 18th, 2008. The proposal is available in the Companies headquarter since the publication of the Shareholders Meetings Summons Notices, on January 31st, 2008, and is now also available in the Companies Investor Relations website (www.brasiltelecom.com.br/ir) in the section Shareholders Meetings.
Brasília, March 13th, 2008.
Paulo Narcélio Simões Amaral
Investor Relations Officer
Brasil Telecom Participações S.A.
Brasil Telecom S.A.
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Total Remuneration of the Companys Management Approved / Realized in 2007 and Managements Proposal for Shareholders Meeting - 2008 |
Brasil Telecom S.A. | 2007 | 2008 | |
Approved | Realized | Proposal | |
Annual Remuneration of the Board of Directors | 1,400 | 840 | 1,400 |
Annual Remuneration of the Senior Management (*) | 33,700 | 17,870 | 41,400 |
Total | 35,100 | 18,710 | 42,800 |
Brasil Telecom Participações S.A. | 2007 | 2008 | |
Approved | Realized | Proposal | |
Annual Remuneration of the Board of Directors | 2,000 | 990 | 1,200 |
Annual Remuneration of the Senior Management (*) | 5,630 | 382 | 6,600 |
Total | 7,630 | 1,372 | 7,800 |
Obs.: (*) Annual remuneration composed of:
(i ) Salaries, Allowance , Benefits , Bonuses ; and
(ii) Wages for strategic management of remuneration under the responsiblity of the Board of Directors, which includes wages destined for hiring and/or laying off executives.
BRASIL TELECOM S.A.
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By: |
/S/ Paulo Narcélio Simões Amaral
|
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Name: Paulo Narcélio Simões Amaral
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.