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BRASIL TELECOM S.A.
CORPORATE TAXPAYER REGISTRATION 76.535.764/0001-43
BOARD OF TRADE 5330000622-9
PUBLICLY HELD COMPANY
SUMMARY OF ITEM 3 OF THE MINUTES OF THE BOARD OF DIRECTORS' MEETING, HELD ON MARCH 11, 2009.
As the secretary of the Board of Directors Meeting held today, I hereby CERTIFY that item 3 of the Agenda, which addresses the issue of “Single brand – assignment of the Oi brand to Brasil Telecom S.A. or subsidiaries”, of the Minutes of the Board of Directors of BRASIL TELECOM S.A. Meeting, held on March 11, 2009, at 9:30 a.m., at Rua Humberto de Campos, 425 - 8° andar, Rio de Janeiro/RJ, is worded as follows:
“Finally, regarding item 3 of the agenda, Mr. Tarso Rebello Dias presented the single brand strategy in Regions I, II and III to the Board of Directors, pursuant to the presentation filed with the secretary of this Board, which also announced that the Oi Brand is expected to be launched in Region II in April. Said strategy includes the assignment of the Oi brand for the use of Brasil Telecom S.A. or subsidiaries.”
All members of the Board of Directors of the Company were present, and the following Board members signed the minutes: José Mauro M. Carneiro da Cunha - Chairman, João de Deus Pinheiro Macêdo, Eurico de Jesus Teles Neto, José Augusto da Gama Figueira, Antonio Cardoso dos Santos.
Rio de Janeiro, March 11, 2009.
Maria Gabriela Menezes Côrtes
Secretary
BRASIL TELECOM S.A.
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By: |
/S/ Alex Waldemar Zornig
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Name: Alex Waldemar Zornig
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.