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(a) Objective: The objective of the repurchase of shares issued by Amilparis the utilization of these shares to back the exercise of options grantedthrough the Company's Stock Option Plan, reducing, therefore, the need forissuance of new shares and the consequent shareholders' dilution. The Companybelieves that the current market value of its shares does not reflect itsfundamentals in terms of growth and profitability. The repurchase of sharesissued by the Company will not represent a reduction of the capital stock andwill be supported by the profit reserves defined in CVM Instruction 10/80;
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(b) Shares Outstanding (Free Float): The number of outstanding shares inthe market as of August 30, 2008 totaled 102,412,457 common shares with no parvalue;
(c) Quantity of Shares to be acquired: The repurchase of shares to be keptin treasury and later on used to back the Stock Option Plan will respect thelimit of 10,241,245 shares (10% of free float), corresponding to 2.84% of thetotal shares issued by the Company;
(d) Period and Price: The period for repurchase is 90 days, starting todayuntil December 30, 2008. All trades for repurchase will be carried out atmarket prices; and
(e) Brokers: Except for the negotiations made according to article 3, IIof CVM Instruction 390, of July 8, 2003, the trades to repurchase sharesissued by the Company will be made in the Bolsa de Valores de Sao Paulo -Bovespa.
To access the complete version, visit our website: www.amilpar.com.br/ir
About Amilpar
Amil Participacoes S.A. (Bovespa: AMIL3; Bloomberg: AMIL3 BZ; Reuters:AMIL3.SA) is the largest MCO (managed care organization) in Brazil, servingmore than 3.0 million members in the States of Sao Paulo, Rio de Janeiro,Parana and Distrito Federal.
SOURCE Amil Participacoes S.A.
