News

São José do Rio Preto, May 31, 2011: Rodobens Negócios Imobiliários S.A (Bovespa: RDNI3), pursuant to Instruction 358 dated January 03, 2002, of the CVM- Comissão de Valores Mobiliários, hereby communicates to the public that at this date it was concluded the second transaction for sale the shares of Special Purposed Vehicle (SPVs) to third parties, a true sale transaction, totalizing the amount of R$ 91 million, as approved at its Board of Directors Meeting on May 02, 2011, and announced as Material Fact at the same date.

This second transaction was concluded with an investors group led by BR Partners.

The Company had already concluded the first transaction for sale the shares with RB Capital, in the amount of R$100 million, as informed in its first quarter 2011 (1Q11) earnings release.

The transactions aim the current and operational assets monetization and the use of resources to reduce the Company’s indebtedness and capitalization. The transactions’ structure has the strategy of improving efficiency on capital allocation, as well as the maintenance of Company’s operational margins.

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