Redecard S.A. (“Company” or “Redecard”), pursuant to CVM Instruction 358, of January 3, 2002, informs its shareholders and the market in general that:

(i) it has been informed by its shareholder Banco Citibank S.A. (“Citibank”) of its intention of potentially making a secondary public offering of Redecard common shares (“Shares”) held by it (“Potential Offering”);

(ii) Citibank has not yet announced the number of common shares that can be eventually sold.

The Potential Offering, if carried out, will be registered in the Brazilian Securities and Exchange Commission pursuant to CVM Instruction 400 and there is no intention of registering the Potential Offering in the U.S. Securities and Exchange Commission or in any other capital markets agency or regulatory body in any country other than Brazil. The execution and conclusion of the Potential Offering will be subject to the conditions of the national and international capital markets. In line with the commitment of transparency and timely disclosure of information, the Company will maintain the market and its shareholders informed about the development of the Potential Offering.

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Last Update: February 20, 2009