PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
Brasília, D.F., 71.215-000
Federative Republic of Brazil
annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F ______
in paper as permitted by Regulation S-T Rule 101(b)(1)__.
in paper as permitted by Regulation S-T Rule 101(b)(7)__.
Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under
the Securities Exchange Act of 1934.
Yes ______ No ___X___
registrant in connection with Rule 12g3-2(b):
| Investor Relations | |
| (55 61) 415-1140 | |
| ri@brasiltelecom.com.br | |
| Media Relations | |
| (1 212) 983-1702 | |
| cesarb@brasiltelecom.com.br |
Free Translation
BRASIL TELECOM PARTICIPAÇÕES S.A.
Publicly Traded Company
Corporate Taxpayer Registration CNPJ/MF 02.570.688/0001-70
Board of Trade 53 3 0000581 8
INTEREST ON EQUITY AND ADDITIONAL DIVIDEND FOR FISCAL YEAR 2007
In accordance with the Board of Director’s Meeting held on 01/29/2008, Brasil Telecom Participações S.A. (“Company”) announces that management will submit to the Ordinary General Shareholders’ Meeting of 2008, to be called, a resolution to declare additional dividends to the interest on equity previously appropriated, relative to the fiscal year 2007 as follows:
Interest on Equity amounts declared in fiscal year 2007:
| Date of Credit |
Record Date Of Shareholding Position |
Brazilian Ex-Date |
Total Appropriated (R$) |
Gross Amount (R$) | Amount Net Of Income Tax (R$) |
Payment Date |
| 01/31/20071 | 02/09/2007 | 02/12/2007 | 187,600,000.00 | 0.517533783 | 0.439903715 | To Be Defined |
| 12/28/20072 | 12/26/2007 | 12/27/2007 | 148,700,000.00 | 0.410220009 | 0.348687008 | To Be Defined |
Note:
1 The Gross amount and the amount net of income tax are expressed in reais per one thousand shares.
2 The Gross amount and the amount net of income tax are expressed in reais per share, assuming the share grouping approved at the Extraordinary General Shareholders’ Meeting held on April 27th, 2007.
The additional dividend, to be declared for fiscal year 2007, in the amount of R$ 379,991,079.20 (Three hundred and seventy nine million, nine hundred ninety one thousand, seventy nine reais and twenty cents of reais), equivalent to R$ 1.04828476 per shares, common or preferred, was calculated based on the net income registered for the fiscal year 2007.
Shareholders as of the record date will be entitled to the additional dividend, in compliance with art. 205 of Brazilian Law 6,404/76. The proposal for additional dividends will be submitted by management for approval at the Ordinary General Shareholders’ Meeting, to be called for such purpose.
Brazil, Brasília, January 29, 2008.
Paulo Narcélio Simões Amaral
Investor Relations Officer
| Page 1 of 1 |
BRASIL TELECOM PARTICIPAÇÕES S.A. |
||
By: |
/S/ Paulo Narcélio Simões Amaral
|
|
Name: Paulo Narcélio Simões Amaral
Title: Chief Financial Officer |
||
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.