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BM&FBOVESPA S.A. Announces New Chairman Of The Board Of Directors - Arminio Fraga Net Is replacing Gilberto Mifano

Date 28/04/2009

Members of the Brazilian Securities, Commodities and Futures Exchange General Meeting (Bloomberg - BVMF3 BZ BRL and Reuters - BVMF3.SA) have elected a new Board of Directors, and appointed Arminio Fraga Neto as the new Chairman. Mr. Fraga is replacing Gilberto Mifano, who has served as the Chairman of the Board of Directors since May 2008.

The appointment of Arminio Fraga as Chairman was confirmed during the first meeting of the newly elected Board of Directors, which was held immediately following the General Meeting.

The new Board of Directors is composed of eleven members, elected for a two-year mandate, which can be extended for another two years. In addition to Mr. Fraga, the directors elected are: Candido Bracher, Claudio Luiz da Silva Haddad, Craig Steven Donohue, Fabio de Oliveira Barbosa, José Roberto Mendonça de Barros, Julio de Siqueira Carvalho de Araújo, Luiz Stuhlberger, Marcelo Fernandez Trindade, Renato Diniz Junqueira and René Marc Kern.

Nine new members of the Board of Directors were elected today: Arminio Fraga, Candido Bracher, Claudio Luiz da Silva Haddad, Fabio de Oliveira Barbosa, José Roberto Mendonça de Barros, Luiz Stuhlberger, Marcelo Fernandez Trindade, Renato Diniz Junqueira, and René Marc Kern.

To see the résumés of the members of the Board of Directors go to http://mrm.comunique-se.com.br/arq/86/arq_86_7629.doc