ANHANGUERA EDUCACIONAL PARTICIPAÇÕES S.A.
Publicly Held Company
MINUTES OF THE BOARD OF DIRECTORS’ MEETING
HELD ON NOVEMBER 12, 2008
Date, time and venue: On November 12, 2008 at 9:00 a.m. at the Company’s head offices
located at Alameda Maria Tereza, 2000, sala 06, bairro Dois Córregos, cep 13278-181, in the
city of Valinhos, São Paulo state.
Call Notice and Attendance: The call notice was waived given the presence of all members
of the Company’s Board of Directors.
Presiding Board: Chairman: Mr. Alexandre Teixeira de Assumpção Saigh; Secretary: Mr.
Ricardo Leonel Scavazza
Agenda:
To resolve on the acquisition of (i) SOCIEDADE EDUCACIONAL CAXIAS DO SUL
LTDA., with headquarters in the city of Caxias do Sul, state of Rio Grande do Sul, the
controlling institution of the post-secondary education institution Faculdade Kantum and (ii)
SOCIEDADE EDUCACIONAL CENTRO AMÉRICA LTDA., with headquarters in the city
of Cuiabá, in the state of Mato Grosso, the controlling institution of the post-secondary
education institution Faculdade Centro América.
Resolutions:
Pursuant to Article 10, paragraph 6, section (ix) of the company’s Bylaws, the members of the
Board of Directors unanimously approved the acquisition, by the company, of 100% of the
capital of (i) SOCIEDADE EDUCACIONAL CAXIAS DO SUL LTDA., a limited-liability
company, with headquarters at Avenida Julio de Castilhos, n.º 2.030, sala 401, 4º andar,
Centro, CEP 95010-002, in the city of Caxias do Sul, state of Rio Grande do Sul, inscribed in
the corporate roll of taxpayers (CNPJ/MF) under no. 07.607.404/0001-97, controlling
institution of the post-secondary education institution Faculdade Kantum and (ii)
SOCIEDADE EDUCACIONAL CENTRO AMÉRICA LTDA., a limited-liability company,
with headquarters at Rua I, n° 107, in the city of Cuiabá, state of Mato Grosso, inscribed in
the corporate roll of taxpayers (CNPJ/MF) under number 05.859.847/0001-40, upon signature
of the Quota Purchase Agreement and Other Covenants, which will be entered into with the
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owners of these institutions, pursuant to the charter negotiated by the parties and submitted to
the Board of Directors.
Pursuant to the above, the Board of Directors authorized the Company’s Executive Board to
take any and all measures necessary for the implementation of the acquisition resolved herein,
including the granting of the surety.
Closure: There being no further issues to address these minutes were drawn-up, read, found
in compliance and signed by all Board members present.
Valinhos, November 12, 2008.
This is a free translation of the minutes drawn up in the Company's records.
Presiding:
_____________________________________
_____________________________
Alexandre Teixeira de Assumpção Saigh
Ricardo Leonel Scavazza
Chairman
Secretary
_____________________________________
__________________________________
Alexandre Teixeira de Assumpção Saigh
Luiz Otavio Reis de Magalhães
_____________________________
___________________________________
Olimpio Matarazzo Neto
Otavio Lopes Castello Branco Neto
Members:
____________________________
Sergio Vicente Bicicchi
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