Bradesplan Participações S.A.
Corporate Taxpayer’s ID (CNPJ) # 61.782.769/0001-01
Corporate Registry ID (NIRE) # 35.330.159.144
Minutes of the 20th Extraordinary Stockholders’ Meeting
held on September 29, 2005
Date, Time, Venue: On September 29, 2005 at 5:00 pm at the Company’s
Headquarters in Cidade de Deus, Vila Yara, Osasco, SP. Attendance: The Company's
stockholders representing its capital stock attended the meeting, identified themselves
and singed the Attendance Book. Board of the Meeting: Chairman: Lázaro de Mello
Brandão; Secretary; Márcio Artur Laurelli Cypriano. Call Notice: It is exempted the
disclosure of the Call Notice, pursuant to the provisions of the Fourth Paragraph of
Article 124 of Law 6,404/76 with the following agenda: discuss the Board of Director’s
proposal to reduce the capital stock in R$2,106,426,435.13, pursuant to the provisions
in the Article 173 of Law 6,404/76, to the consequent change of the caput of Article 6
of the Company’s Bylaw. Deliberation: Approved the Board of Director’s proposal,
registered in the 71St Extraordinary Stockholders’ Meeting, as of 09/28/2005,
transcribed as follows: “We propose the reduction of the capital stock in the amount of
R$2,106,246,435.13, in accordance to the provisions of Article 173 of the Law
6,404/76, which will be accomplished with the total capital stock refund in assets,
exclusively to the stockholder Bradespar S.A., represented by 66,420,639 book entry
non par stocks, issued by Valepar S.A., with the book cost of this investment in the
amount of R$2,106,426,435.13, in accordance to the provisions in the Article 22 of Law
9,249 from December 26th, 1995. If approved with this proposal, the Caput of Article 6
of the Company’s Bylaws is now going to be written as follows: “Article 6) The capital
stock is R$826,000.00 divided in 1,774,477,325 book entry non par stocks.”. Moving
on, the others stockholders, Lázaro de Mello Brandão, Márcio Artur Laurelli Cypriano,
Antônio Bornia and Mário da Silveira Teixeira Júnior, both represented by their
attorney in fact Márcio Artur Laurelli Cypriano, João Aguiar Alvarez and Denise
Aguiar Alvarez Valente declared that they give up their right to receive any value as a
refund for the approved reduction of capital stock, in favor of Bradespar S.A. Quorum
of Deliberation: Deliberations were unanimously approved by attending stockholders.
Closing: Having no further issues to discuss, the Chairman clarified that for the
approved deliberation, the Company’s Fiscal Committee was not heard because it was
not settled at the time, and that the approved subject will only be effective after all the
legal requirements are filed at the Trade Board, and made public, and finished the
meeting, drawing up the present Minutes, signed by the Chairman, by me, the secretary
and by the present stockholders. Chairman: Lázaro de Mello Brandão; Secretary:
Márcio Artur Laurelli Cypriano; Stockholders: Lázaro de Mello Brandão; Márcio Artur
Laurelli Cypriano, for himself and also representing Antônio Bornia e Mário da Silveira
Teixeira Júnior; João Aguiar Alvarez; Denise Aguiar Alvarez Valente; Bradespar S.A.,
represented by its Executive Officers, Luiz Maurício Leuzinger e Rômulo de Mello
Dias. Declaration: We attest that this is a true copy of the minutes drawn up in the
proper book and that the signatures included in the same book are authentic. Bradesplan
Participações S.A. aa) Luiz Mauricio Leuzinger, Rômulo de Mello Dias