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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
FORM 6-K
 
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934
 
THROUGH NOVEMBER 12, 2004

(Commission File No. 1-15256)
 
 
BRASIL TELECOM S.A.
(Exact name of Registrant as specified in its Charter)
 
BRAZIL TELECOM COMPANY
(Translation of Registrant's name into English)
 

SIA Sul, Área de Serviços Públicos, Lote D, Bloco B
Brasília, D.F., 71.215-000
Federative Republic of Brazil
(Address of Regristrant's principal executive offices)


Indicate by check mark whether the registrant files or will file
annual reports under cover Form 20-F or Form 40-F.

Form 20-F ___X___ Form 40-F ______

Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(1)__.

Indicate by check mark if the registrant is submitting the Form 6-K
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___

If "Yes" is marked, indicated below the file number assigned to the
registrant in connection with Rule 12g3-2(b):

 

Free Translation

BRASIL TELECOM S.A.
ITEM 6.8 OF THE RULES OF DIFFERENTIATED PRACTICES OF CORPORATE GOVERNANCE
RELATED PARTIES CONTRACTS(2)
October 29, 2004 (5)

Object of the Contract Contractor/Contracted Term Amount
(R$ thousand)(1) 		Conditions
of
Rescission 		Influence of the Contract(3)
Remunerated guarantee –
Public Debenture (2nd Issuance) 		Brasil Telecom S.A. /
Brasil Telecom Participações S.A. 		Dec/01/2004 427,704
(0.12% p.a.) 		   
Private Debenture Brasil Telecom S.A. /
Brasil Telecom Participações S.A. 		Jul/27/2006 946,056
(100% CDI4) 		   
Remunerated guarantee
Consórcio Voa 		Brasil Telecom S.A. /
Brasil Telecom Participações S.A. 		Jun/27/2007 1,414
(0.12% p.a.) 		   
Non-remunerated guarantee
BNDES Loans – 2000 		Brasil Telecom S.A. /
Brasil Telecom Participações S.A. 		Dec/15/2007 1,443,821    
Remunerated guarantee
BNDES Loans – 2002 		Brasil Telecom S.A. /
Brasil Telecom Participações S.A. 		Dec/15/2007 170,804
(0.12% p.a.) 		   
Remunerated guarantee
FCO Loan 		Brasil Telecom S.A. /
Brasil Telecom Participações S.A. 		Jan/01/2008 16,428
(0.12% p.a.) 		   
Non-remunerated guarantee Resolution 63 Brasil Telecom S.A. /
Brasil Telecom Participações S.A. 		Jul/31/2011 77,673    
Inter-company Loan Brasil Telecom S.A. /
Brasil Telecom Participações S.A. 		Jul/01/2014 79,964
(US$ + 1.75% p.a.) 		   
Remunerated guarantee
BNDES Loans – 2004 		Brasil Telecom S.A. /
Brasil Telecom Participações S.A. 		Apr/15/2011 748,774
(0.42% p.a.) 		   
Remunerated guarantee –
Public Debenture (3nd Issuance) 		Brasil Telecom S.A. /
Brasil Telecom Participações S.A. 		Jul/05/2009 526,350
(0.42% p.a.) 		   
(1)

In the cases of Private Debentures and Inter-company loan, the amount refers to the balance (principal + interest) and the debt cost is shown in brackets. In the guarantees contracts, the amount refers to the balance (principal + interest) and, in the case of remunerated guarantee, the remuneration is shown in brackets.

(2)

The Company have to inform all contracts (independently of being only one or various contracts, having the same purposes or not) that reach, in a 1-year period, R$200,000 or 1% of the Company’s Shareholders Equity, whichever is higher.

(3)

Should be filled up with explanations, whenever is the case, regarding the influence of the contract over the Company’s management or its capacity or conducting the business, as pursuant to item 6.8.1 of the Rules of the Differentiated Practices of Corporate Governance.

(4)

Domestic Interbank Rate.

(5)

Non-audited data.

 

 
SIGNATURE
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: November 12, 2004

 
BRASIL TELECOM S.A.
By:
/S/  Carla Cico
 
Name:   Carla Cico
Title:     President and Chief Executive Officer