Material Fact
26 Giugno 2007 - 2:53PM
PR Newswire (US)
SERASA SAO PAULO, Brazil, June 26 /PRNewswire-FirstCall/ -- 1.
Banco Itau Holding Financeira S.A. ("ITAU") announces the signing
of a Share Purchase Agreement with Experian Brasil Aquisicoes Ltda.
("EXPERIAN"), a Brazilian subsidiary of Experian Solutions, Inc.
through which ITAU undertakes to sell to EXPERIAN 832,176 shares,
the issue of Serasa S.A. ("SERASA"). 2. EXPERIAN shall pay R$
925.78 per SERASA's share acquired from ITAU. Settlement of this
operation shall take place by the end of July 2007. 3. The increase
of ITAU's net income is estimated to be R$ 480 million for the
second quarter of 2007. 4. ITAU shall maintain its participation in
the management of SERASA, with a seat on the Board of Directors,
together with a stake in SERASA's capital as shown below: Before
the Transaction After the Transaction Number of Participation in
Number of Participation in Shares Total Capital Shares Total
Capital ITAU Participation 1,215,522 32.62 % 383,346 10.29 % Total
3,726,600 100.00 % 3,726,600 100.00 % 5. SERASA is a leading
provider of analytical and information products and services for
credit and business support in all market segments, having the
largest database in Latin America on consumers, companies and
conglomerates. This leadership has been achieved as a result of the
professionalism and dedication of SERASA's management and employees
who, sponsored by its shareholders, built up a company focused on a
process of continuous improvements that have changed into the
benchmark in its sector. 6. EXPERIAN is a global leader in
providing analytical and information services to organizations and
consumers to help manage the risk and reward of commercial and
financial decisions. Clients include organizations from financial
services, retail and catalog, telecommunications, utilities, media,
insurance, automotive, leisure, e-commerce, manufacturing, property
and government sectors. Experian Group Limited is listed on the
London Stock Exchange (EXPN) and is a constituent of the FTSE 100
index. It has corporate headquarters in Dublin, Ireland, and
operational headquarters in Costa Mesa, Calif., and Nottingham, UK.
EXPERIAN employs approximately 13,500 people in 36 countries
worldwide, supporting clients in more than 60 countries. Annual
sales are US$3.5 billion. 7. The strong positioning of SERASA in
the Brazilian market, in combination with the global expertise of
EXPERIAN will bring up a significant evolution in the Brazilian
credit analysis market. 8. This transaction is consistent with
ITAU's capital allocation to typical banking business, which
creates shareholder value with a view to the sustainability of the
organization. Sao Paulo, June 26, 2007 ALFREDO EGYDIO SETUBAL
Investor Relations Officer DATASOURCE: Banco Itau Holding
Financeira S.A. CONTACT: Alfredo Egydio Setubal, 55 11 5029 1777
Web site: http://www.itau.com/
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