News

São José do Rio Preto, June 29, 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 yesterday it was concluded the third transaction for sale the shares of Special Purposed Vehicle (SPVs) to third parties, a true sale transaction, totalizing the amount of R$83,600,000 (eighty three million and six hundred thousand reais), as approved at its Board of Directors Meeting on May 02, 2011, and announced as Material Fact at the same date.

This third transaction was concluded with RB Capital, and represents the last tranche from the total amount of R$300 million, approved by the Board of Directors.

The Company had already concluded the first transaction for sale the shares also with RB Capital, in the amount of R$100 million, as informed in its first quarter 2011 (1Q11) earnings release; and the second transaction with a an investors group led by BR Partners, in the amount of R$91 million, as the notice to the market announced on May 31, 2011.

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.

Click here to access the notice to the market.