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Brazilian Investor Relations Institute And Madrid Stock Exchange Sponsor 'Tarde do Brasil' (Brazilian Afternoon) At Latibex Forum

Date 10/11/2004

Brazil's Planning Minister, Guido Mantega, will be the guest of honor of the Brazilian Investor Relations Institute - IBRI (Instituto Brasileiro de Relacoes com Investidores), Madrid Stock Exchange and Brazilian Embassy at the sixth Latibex Forum to be held November 17-19 in Madrid, Spain. The event will bring together presidents and top executives of publicly traded Latin American companies and some 600 IR representatives. For the occasion, the IBRI institute, in conjunction with the Madrid Stock Exchange and the Brazilian Embassy, has organized "Brazilian Afternoon" with Mantega's participation on November 18 at 5:00 pm. The Planning Minister will speak on the Brazilian economy and investment opportunities in his country. Jose Luiz Acar Pedro, Chairman of the Board of IBRI, views the event as a good opportunity for showcasing Brazilian companies. IBRI Executive President Doris Wilhelm said the event would attract Brazilian companies not listed on the Madrid Stock Exchange as well.

The Latibex Forum -- organized by the Madrid Exchange -- brings togetherleading European institutions and publicly traded Latin American companies.Lasting three days, the event will be an opportunity for publicly tradedcompanies and investors to meet, clearing up any questions through institution exhibits, discussion and debate.

The sixth Latibex Forum will offer participants "one-on-one" interviewsleading to more in-depth analysis of each company's situation. The event can,therefore, be viewed as a bridge joining European and Latin American stockmarkets. Meetings will be held concurrently with the Sixth Latibex Forum atMadrid's Westin Palace Hotel.