BRAZIL Banco do Estado do BACEN
Antonio Matos do Vale
2 In order to establish the regularity of all the obligations cited in this agreement, the Companies shall engage, at their own expense, within 10 days of signature of the TCD, a first class independent auditor with no restrictions on the part of the economic regulators (CVM, BACEN
CVRD will be taking measures to ensure that the registration of these debenture investments is carried out in as short a time as possible, according to the directives established by BACEN
, this being essential in order for their holders to receive distribution payments and any sales proceeds, should the debentures be sold on the Brazilian markets.