In fulfillment of the obligation set forth in article 12, caput and §4º, of CVM Normative Ruling nº 358, dated January 3, 2002, as amended (“CVM 358”), Credit Suisse Securities (Europe) Limited (the shareholder), organized and existing in accordance with the laws of United Kingdom, headquartered at One Cabot Square, E14 4QJ, London, registered with the corporate roll of taxpayers (CNPJ/MF) under no. 09.255.004/0001-95 as a shareholder of Banco do Estado do Rio Grande do Sul S.A., open company, enrolled CNPJ nº 92.702.067/0001-96 (“Company”), notifies that it has sold directly and/or indirectly class B preferred shares ("Class B PN Shares") issued by Company, as follows:

  • on 01/12/2009, 1,013,400 (one million, thirteen thousand and four hundred) shares, corresponding to approximately 0.5% of the total shares;
  • on 01/13/2009, 3,000,000 (three million) shares, corresponding to approximately 1.5% of the total shares;
  • on 01/14/2009, 6,046,900 (six million, forty six thousand and nine hundred) shares, corresponding to approximately 3.0% of the total shares.

Therefore, Credit Suisse Securities (Europe) Limited has decreased its shareholding of Banrisul’s shares in approximately 5% and, as of 01/14/2009, holds 40,000 (forty thousand) class B preferred shares (equivalent to 0.02% of the total shares).

For futher information, please click here.