SAO PAULO, Brazil, Nov. 28 /PRNewswire-FirstCall/ -- BR MALLS
PARTICIPACOES S.A. (Bovespa: BRML3), a publicly-held company headquartered at
Afranio de Melo Franco, 290, salas 102, 103 e 104, Leblon, in the City and
State of Rio de Janeiro, corporate taxpayer's ID (CNPJ) 06.977.745/0001-91, as
requested by CVM (Comissao de Valores Mobiliarios), hereby clarifies certain
matters regarding the Company share buyback program announced on November
As previously mentioned, the Company share buyback program will occur by
means of its subsidiary Ecisa Participacoes Ltda. ("Ecisa").
Accordingly, the Company clarifies that it is using in its Company share
buyback program the capital reserve balance (goodwill special reserve) of
Ecisa in the amount of R$ 49,191,803.19.
Rio de Janeiro, November 27th, 2008
BR MALLS PARTICIPACOES S.A.
Investor Relations Officer
Leandro Bousquet Viana
SOURCE BR Malls Participacoes S.A.