DECREE OCTOBER 1, 2001 Authorizes the increase of the share capital of the Company of urban trains of Porto Alegre S.A.-TRENSURB.
The Vice-President of the REPUBLIC, the Office of the President of the Republic, using the allocation that gives the art. 84, section IV, of the Constitution, and in view of the provisions of art. 4 of Decree-Law No. 1678, of 22 February 1979, D and C R E T a: Art. first Is the increase in the authorized share capital of the Company of urban trains of Porto Alegre Sa-R$ 378,281,643 of .75 TRENSURB (378 million, 281,000, 643 and 75 cents) to R$ 401,180,300.79 (401 million, 180,000, 300 reais and 79 cents).
Art. second Is the Union allowed to underwrite leases with R$ 22,689,935.78 (twenty-two million, 689,000, 935 and 78 cents), using the Union credits arising from advances of budgetary resources received for investments, updated until 30 June 2001.
Art. third is authorized to sign Union actions until the R$ value 208,721.26 (208,000, 721 reais and twenty-six cents), if the minority shareholders not exercising their right of first refusal within the legal deadline.
Art. 4 this Decree shall enter into force on the date of its publication.
Brasília, October 1, 2001; 180 degrees of independence and 113 of the Republic.
MARCO ANTONIO DE OLIVEIRA MACIEL Pedro Malan Eliseu Padilha