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also thereby furnishing the
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Investor Relations | |
55 (61) 3415-1140 | |
ri@brasiltelecom.com.br | |
Media and Communication | |
55 (61) 3415-1822 | |
diretoriadecomunicacao@brasiltelecom.com.br |
BRASIL TELECOM S.A.
CORPORATE TAXPAYER REGISTRATION 76.535.764/0001-43
BOARD OF TRADE 53.3.0000622-9
PUBLICLY HELD COMPANY
BRASIL TELECOM S.A. (BOVESPA: BRTO3/BRTO4; NYSE: BTM), the Company, announces to the market that the Company has been informed by the New York Stock Exchange (NYSE) that, due to the Notice of Voluntary Public Tender Offer to Purchase Preferred Shares issued by Brasil Telecom S.A., promoted by Copart 2 Participações S.A., a controlled company of Telemar Norte Leste S.A. and Tele Norte Leste Participações S.A., to be held on July 22nd, 2008, the Companys ADR (American Depositary Receipts) trading in the NYSE will be halted prior to the opening of the market on Monday, July 21st, 2008, pending the expiration of the Tender Offer.
The halt will be in effect until the results of the offer are made available, unless the offer is extended.
Brasília, July 21, 2008
Paulo Narcélio Simões Amaral
Investor Relations Officer
BRASIL TELECOM S.A.
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By: |
/S/ Paulo Narcélio Simões Amaral
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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.