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____
Cidade de Deus, Osasco, SP, December 30, 2002
To
Security and Exchange Commission
Office of International Corporate Finance
Division of Corporate Finance
Washington, DC
Gentlemen,
Ref.: Payment of Complementary Interest on Own Capital
. Banco Bradesco S.A.
The Board of Directors of this Bank, in a meeting held on this date,
approved the Board of Executive Officers proposal for the payment to the
Company's Stockholders, in accordance with legal regulations and the Corporate
Bylaws, of complementary interest on own capital for the year 2002, of
R$0.4191600 for the common stock and R$0.461076 for the preferred stock, both
per lot of one thousand stocks, which represent 35.6 times the monthly interest
paid, benefiting the stockholders that are registered in the Bank's books on
this date (Dec 30, 2002).
The payment will be made on Mar 7, 2003, for the net value of R$0.356286
for the common stock and R$0.3919146 for the preferred stock, both per lot of
one thousand stocks, after deducting withholding tax at 15% (fifteen percent),
except for the stockholders that are corporate entities since these are exempt
from this taxation, and thus will receive the declared value.
This interest will be calculated based on the minimum compulsory dividend
for the year, as provided in the Corporate Bylaws.
The interest on stocks held in custody with the CBLC - Brazilian Chamber
for Liquidation and Custody will be paid by this CBLC, and it will be
transferred to the stockholders through the depositary Brokers.
Cordially,
Banco Bradesco S.A.
Luiz Carlos Trabuco Cappi
Executive Vice President and
Investor Relations Director
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BANCO BRADESCO S.A.
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| By: |
/S/
Luiz Carlos Trabuco Cappi
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Luiz Carlos Trabuco Cappi
Executive Vice-President and Investor Relations Director
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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 of future 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.