(Amounts in thousands of Brazilian reais – R$, unless otherwise stated)

a) Change in the number of common shares:

Shares issued	Common
Shares as of December 31, 2007	1,349,209,300(*)
New shares issued on January 23, 2008	15,380,986(*)
New shares issued on June 25, 2008	193,514(*)
Shares as of December 31, 2008	1,364,783,800
Buyback shares to be held in treasury – November 26 and 27, 2009	(513,100)
Buyback shares to be held in treasury – December 1st and 15, 2009	(4,013,200)
Shares as of December 31, 2009	1,360,257,500

(*) Considering the 2-for-1 stock split undertaken on September 22, 2008.

b) Earnings per share

In compliance with IAS 33 – Earnings per Share, the following tables reconcile the net earnings and weighted average of outstanding shares with the amounts used to calculate the basic and diluted earnings per share.

Basic	2009	2008
Net income available to common shares	1,533,794	1,342,072
Weighted average of outstanding shares (in thousands)	1,364,364	1,363,763
Earnings per share (in R$) – basic	1.1242	0.9841

Diluted	2009	2008
Net income available to common shares	1,533,794	1,342,072
Diluted denominator:
Weighted average of outstanding shares (in thousands)	1,364,364	1,363,763
Potential increase in common shares as a result of the stock option plan	576	-
Total (in thousands)	1,364,940	1,363,763
Earnings per share (in R$) – diluted	1.1237	0.9841