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The management of Rodobens Negócios Imobiliários S.A. (“Company”), pursuant to Instruction Nº 358/02 of the Brazilian Securities and Exchange Commission (CVM), as amended, informs the public that at its Board of Directors Meeting, held on November 22, 2011, it was approved the program for the acquisition of the Company’s shares to be held in treasury and to be traded or to be cancelled in the future, within the terms of Article 20, line “o” of the Company By-Laws, of CVM Instruction Nº 10/80, as amended, and Article 30 of Law Nº 6.404/76, under the following conditions:
(a) Company’s Objective in the Operation: Maximization of value to the shareholders, considering the share’s market value at stock market BM&FBOVESPA S.A. - Bolsa de Valores, Mercadorias e Futuros, allowing the Board of Directors to approve the scope of the stock option purchasing plans, by distributing the shares held in treasury, within the terms of the prevailing regulations.
(b) Number of Shares to be Acquired: Up to 2,088,116 (two million, eighty-eight thousand, one hundred and sixteen) nominative common shares.
(c) Number of Shares on Free Float: 20,881,161 (twenty million, eight hundred eighty-one thousand, one hundred sixty-one) nominative common shares, as defined in article 5 of CVM Instruction Nº 10/80. As a result, the maximum number of shares to be acquired represents 10% (ten percent) of the Company’s free floating shares on the market, a figure, therefore, within the maximum limit fixed by CVM Instruction Nº 10/80.
(d) Period for the Acquisitions to be Undertaken: the acquisitions will be carried out by the Company within 365 (three hundred and sixty-five) days as from the date hereof, ending on November 22, 2012.
(e) Financial Institution which will Act as Intermediary:
BTG PACTUAL CTVM S.A.
Av Brigadeiro Faria Lima, 3.72910º andar - parte - São Paulo / SP - 4538905
FATOR S.A. CV
Rua Doutor Renato Paes de Barros, 1.01711º E 12º andares - São Paulo / SP - 4530001
ITAÚ CV S/A
Av Brigadeiro Faria Lima, 340010º andar - São Paulo / SP - 4538132
SANTANDER CCVM S/A
Av Presidente Juscelino Kubitschek, 2041, 2235 Parte - 24º andar - São Paulo / SP - 4543011
XP INVESTIMENTOS CCTVM S.A
Av das Américas, 3434 Bloco 7, 2º andar, salas 201 À 208 - Rio de Janeiro / RJ - 22631003
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Phone: 55 (11) 2505 7677
Profile - Rodobens Negócios Imobiliários is a real estate developer with 20 years of experience. The company‘s focus is cities with more than 150,000 inhabitants in the interior of Brazil. Since its foundation in 1991, the company launched 143 residential projects in 49 different cities of 10 Brazilian states (SP, MG, RJ, PR, RS, CE, MT, SC, BA, GO). The projects launched total 51,018 units and 3.5 million m² of built area. Its main products are Sistema Fácil, Terra Nova and Moradas. On January 31, 2007, Rodobens Negócios Imobiliários listed its shares on the Novo Mercado of the São Paulo Stock Exchange under ticker symbol RDNI3. For more information, please visit our website at www.rodobens.com/negociosimobiliarios/ir. Rodobens Negócios Imobiliários is part of Empresas Rodobens, founded in 1949 and one of Brazil’s 100 largest business conglomerates. With a strong presence in the vehicle and real estate businesses, the group comprises auto dealerships, truck and bus dealerships, consortium, insurance brokerage, auto and truck rental, banking, e-commerce, real estate development, international businesses, and corporate satellite TV.