I do know that the Federal Senate has approved, and I, Renan Calheiros, President, in the terms of art. 48, inciso XXVIII, of the Internal Rules, promulgated the following

R E S O L U Ç Ã ° 15, DE 2007

Authorizes the Federative Republic of Brazil to hire external credit operation, at the total value of US$ 16,100,000.00 (sixteen million and one hundred thousand U.S. dollars) with the Bank InterAmerican Development (BID).

The Federal Senate resolves:

Art. 1º It is the Federative Republic of Brazil authorized to hire external credit operation, at the total value of US$ 16,100,000.00 (sixteen million and one hundred thousand U.S. dollars) with the Inter-American Development Bank (BID).

Paragraph single. The features of this credit operation are intended for the partial financing of the Multiphase Program of Support for Electronic Legislative Development Support in Brazil (Interlegis II).

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

I-debtor: Federative Republic of Brazil;

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

III-total value: up to US$ 16,100,000.00 (sixteen million and one hundred thousand U.S. dollars);

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

V-amortization: 42 (forty-two) semester plots, consecutive and, in the measure of the possible equals, winning the first on February 15, 2012 and the last one on August 15, 2032;

VI-interest: required semiannually on February 15 and August 15 of each year, calculated on the periodic debtor balance of the loan, at an annual rate for each quarter composed by i) LIBOR quarterly to US Dollar, ii) more, or less, a cost margin related to the borrowings that finance the loans in the LIBOR modality, iii) plus the net value of any generated cost or profit by operations to mitigate LIBOR fluctuations, and iv) plus the current margin (spread) for loans from the ordinary capital;

VII-commission of commitment: up to 0.75% a.a. (seventy-five hundrths per cent per annum), calculated on the undisbursed debtor balance of the loan, required semiannually on the same dates of interest payments, entering into force 60 (sixty) days after the signing of the contract;

VIII-commission in sight: up to 1.0% (one per cent) on the value of the loan.

Paragraph single. The payment dates of the principal and the financial charges, as well as the disbursements, provided for in the contractual minuta, may be changed depending on the date of their signature.

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

Art. 4º This Resolution comes into effect in the date of its publication.

Federal Senate, on October 4, 2007.

Senator Renan Calheiros

President of the Federal Senate