BOVESPA Announces The New Rebalancing Of The IBOVESPA, Ibrx, Ibrx-50, IVBX-2, IEE, ITEL And IGC Theoretical Portfolios - Valid From January 3rd To April 30, 2005

BOVESPA announces the new rebalancing of the IBOVESPA, IBrX, IBrX-50, IVBX-2, IEE, ITEL and IGC theoretical portfolios, based on the period between December 31, 2003 and December 31, 2004.

The indexes are rebalanced each four months.

See below the changes in these indexes:

IBOVESPA
Exclusions: None
Inclusions: None

IBrX – Brazil Index
Exclusions: None
Inclusions: EMBRATEL PAR ON (EBTP3 ) and SUZANO PETR PN (SZPQ4)

IBrX 50 – Brazil Index 50
Exclusions: None
Inclusions: P.ACUCAR-CBD PN (PCAR4)

IVBX-2 – Valor BOVESPA Index – 2nd tier
Exclusions: BOMBRIL PN (BOBR4), TELE SUDESTE PN (TSEP4) and ITAUSA PN (ITSA4)
Inclusions: WEG PN (WEGE4), RANDON PART PN (RAPT4), INEPAR PN (INEP4) and SUZANO PETR PN (SZPQ4)

IEE – Electric Power Index
Exclusions: EMAE PN (EMAE4), AES ELPA ON (AELP3)
Inclusions: AES TIETE PN (GETI4)

ITEL – Telecommunication Index
Exclusions: BRASIL TELEC ON (BRTO3)
Inclusions: EMBRATEL PAR ON (EBTP3), TELE CTR OES ON (TCOC3) and TELEMAR N L ON (TMAR3)

IGC
Exclusions: None
Inclusions: BRASKEM ON (BRKM3)

Please access BOVESPA’s website http://www.bovespa.com.br/indexi.htm - Click Markets, then BOVESPA Markets and Indexes - to check the new portfolios valid from January 3, 2005 on.