São José do Rio Preto, December 23, 2010: Rodobens Negócios Imobiliários S.A. (“Rodobens”) informs shareholders, investors and the market that on the Board of Directors’ Meeting held on December 22, 2010 it was decided to split the responsibilities of Chief Financial and Investor Relations Officer into two different attributions, currently accumulated by Mr. Luciano Francisco de Oliveira Gagliardi.

In view of this decision, Mr. Luciano Francisco de Oliveira Gagliardi, as from this date, will no longer carry the responsibilities of the Chief Financial Officer, acting exclusively as the Company’s Investor Relations Officer.

In order to fulfill the Chief Financial Officer position the Board of Directors has elected, Mr. Marcelo Lopez Borges de Oliveira. Mr. Marcelo has over 15 years of experience in the financial market, having worked at Banco BCN, Unibanco, Banco Santander, WTorre S.A. an FRAM Capital in the areas of investment analysis, credit, corporate banking, investment banking and private banking. Marcelo will join Rodobens’ Executive Committee and report directly to the Board of Directors.

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Investor Relations
Tel.: 55-17-2137-1752/3/4