PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
Brasília, D.F., 71.215-000
Federative Republic of Brazil
annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F ______
in paper as permitted by Regulation S-T Rule 101(b)(1)__.
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___
registrant in connection with Rule 12g3-2(b):
| Investors Relations | |
| (55 61) 3415-1140 | |
| ri@brasiltelecom.com.br | |
| Media Relations | |
| (55 61) 3415-1378 | |
| cesarb@brasiltelecom.com.br |
Free Translation
BRASIL TELECOM PARTICIPAÇÕES S.A.
CORPORATE TAXPAYER REGISTRATION 02.570.688/0001 -70
BOARD OF TRADE 53.3.0000581 -8
PUBLICLY HELD COMPANY
EXTRACT OF THE MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS OF
BRASIL TELECOM PARTICIPAÇÕES S.A. OF JANUARY 29, 2008.
On January 29, 2008, at 10.00, the members of the Company’s Board of Directors, Messrs. Sergio Spinelli Silva Junior, Pedro Paulo Elejalde de Campos, Kevin Michael Altit, Elemér André Surányi and Ricardo Ferraz Torres met at the headquarters of Brasil Telecom Participações S.A. (“Company”), at SIA SUL – ASP, Lote D, Bloco B, in the city of Brasília, Federal District, and unanimously decided: a) To summon an Annual and Extraordinary Shareholders Meeting to be held on March 18, 2008, at 3.00 p.m., to resolve on the following matters: Annual Shareholders Meeting: (i) To verify the management accounts and examine, discuss and vote on the Financial Statements and the Management Report for the fiscal year ended December 31, 2007; (ii) To decide on the year’s net income allocation and dividend distribution; and (iii) To elect the sitting and alternate members of the Fiscal Council and to establish the individual compensation of its members; Extraordinary Shareholders Meeting: (i) To establish the global compensation of the Company’s management. b) To approve the hiring of a supplier for the maintenance of the Brasil Telecom S.A. network. The Company’s Board of Directors approved the management accounts, Financial Statements and the Management Report for the fiscal year ended December 31, 2007; net income allocation and dividend distribution for the fiscal year ended on December 31, 2007; and the proposal for the global compensation of the Company’s management to be submitted to the Shareholders Meeting. I certify that the aforementioned resolutions were extracted from the minutes registered in the Company’s Minute Book of the Board of Directors’ Meetings.
Brasília, January 29, 2008.
Darwin Corrêa
Secretary
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BRASIL TELECOM PARTICIPAÇÕES 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 |
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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 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.