I do know that the Federal Senate has approved, and I, José Sarney, President, in the terms of art. 48, inciso XXVIII, of the Rules of Procedure, promulgated the following

R E S O L U UNK UNK UNK No. 1, DE 2010

Authorizes the Federative Republic of Brazil to hire external credit operation, in the total value of up to US$ 15,000,000.00 (fifteen million U.S. dollars), with the Inter-American Development Bank (BID).

The Federal Senate resolves:

Art. 1º It is the Federative Republic of Brazil authorized to hire external credit operation, in the total value of up to US$ 15,000,000.00 (fifteen million U.S. dollars), with the Inter-American Development Bank (BID).

Single Paragraph. Are the resources of this credit operation intended for partial funding of the?National Tourism Development Programme-National Proder?.

Art. 2º The basic financial conditions of the credit operation are as follows:

I-dever: Federative Republic of Brazil ;

II-credor: Inter-American Development Bank (BID) ;

III-total value: up to US$ 15,000,000.00 (fifteen million U.S. dollars) ;

IV-disbursement deadline: up to 4 (four) years, counted from the effective date of the contract ;

V-amortization: in semi-annual, consecutive plots and, as far as possible, equal, winning over the first within up to 54 (fifty-four) months after the date of signing of the contract, and the last up to 20 (twenty) years after this date ;

VI-interest: required semester on the same dates of payment of amortization and calculated on the periodic debtor balance of the loan at an annual fee for each quarter determined by the BID and composed by the quarterly Libor to U.S. dollar, plus or minus a cost margin related to the BID loans that fund the Unimonetary Mechanism Loans with Libor-based interest rate, plus net worth of any cost or profit generated by operations to mitigate Libor fluctuations, plus the (spread)margin for capital loans ordinary ;

VII-credit commission: up to 0.75% a.a. (seventy five hundredths per cent a year), calculated on the undisbursed debtor balance of the loan, required semester on the same interest payment dates, entering into force 60 (sixty) days after signing of the contract ;

VIII-expenses with inspection and general supervision: up to 1% (one per cent) on the value of the loan, where, in a given semester, if so requires the BID, the value due to meet those expenses may not be higher than that 1% (one per cent) of the value of the financing, divided by the number of semesters understood within the time limit original disbursements.

§ 1º The dates of payment of the principal and financial charges as well as of disbursements, provided in the contractual minuta, may be changed depending on the date of your signature.

§ 2º It is provided to the borrower to apply for the conversion of the interest rate from the loan, from variable to fixed and vice versa, of part or of the totality of its debtor balances, with payment of commission to the BID, respected the deadlines and minimum amounts required for conversions set out in the corresponding Loan Contract.

Art. 3º The authorisation granted by this Resolution shall be exercised within the period of 540 (five hundred and forty) days, counted from the date of its publication.

Art. 4º This Resolution shall enter into force on the date of its publication.

Federal Senate, on February 26, 2010.

Senator Jose Sarney

President of the Federal Senate