If you wish, you can sell your shares to Telmex until February 7, 2007. The transaction will take place at Bovespa.

Sale of all shares through an accredited bank

Shareholders who hold shares through Banco Itaú S.A. and wish to sell all their shares up to 100,000 (one hundred thousand) shares including ordinary and preferred shares can do so through one of the following accredited banks: Unibanco, Banco Itaú, Banco do Brasil, Bradesco, Banco Real.

In order to sell all their shares, shareholders must present the following documents to any branch of the aforementioned banks:

- Individuals:
Original or certified copies of the Identity Card (RG), Individual Taxpayer's Registry Card (CPF) and proof of residence.

- Legal entities:
Original or certified copies of the documents granting powers of representation (including corporate documentation, the National Registry of Legal Entities' card (CNPJ) and the personal documents listed above for individuals who are authorized to act on behalf of the entity, as the case may be).

Note: Shareholders can sell all their shares up to 100,000 (one hundred thousand) shares including ordinary and preferred shares. Please note that the accredited banks do not buy the shares from shareholders. In fact, these banks act as mere intermediary parties. When shareholders request the selling of their shares, they are hiring the bank's broker service to sell their shares on the stock exchange. Shareholders pay a brokerage charge to the broker and stock exchange fees. These values must be broken down on the receipt for the transaction.

Sale of shares through a brokerage firm

Shareholders who wish to sell their shares through Unibanco Investshop or any other brokerage firm authorized to conduct transactions on the Bovespa only need to inform it of their decision to sell the shares.

The following documents are usually requested when opening an account with a brokerage firm:
(a) Identity Card (RG);
(b) Individual Taxpayer's Registry Card (CPF); and
(c) proof of residence.