OREANDA-NEWS. August 20, 2012. Banco Industrial e Comercial S.A. (BICBANCO) (BM&FBOVESPA: BICB3 and BICB4) hereby announces to the Shareholders that, at the Meeting of the Board of Directors (MBD), the proposals for the payment of interest on equity related to 2Q12 was approved by majority vote, according to the table below:

Cash Remuneration

 

 

Amount

Gross value in BRL  per share

 

Remuneration

Event & Date

 

Payment Date

(gross amount in BRL )

Common

Preferred

 

 

 

Interest on Equity

MBD

06/08/2012

BRL 26,000,000.00

BRL 0.105680734

BRL 0.105680734

June 29, 2012

The payments are subject to the following conditions:

•           Shareholding position to be considered: closing of the trading session of June 11, 2012;

• Shares will be traded “ex-interest on equity” as of June 12, 2012;

• Withholding income tax of 15%, in the case of interest on equity, except for provenly exempt shareholders;

•           For exempt shareholders not to be subject to withholding income tax, they shall comply with the legislation in force, by sending the exemption supporting documents to Banco Bradesco, in a timely manner, for information and registration updating purposes;

•           The corresponding credit will be made individually to each shareholder, in the banking domicile supplied to Banco Bradesco (depositary bank);

•           Shareholders without a registered banking domicile will be mailed the “Notice for Receipt of Book- Entry Shares”, and, in order to receive them, they shall go to a branch of Banco Bradesco of their choice bearing the notice and personal identification documents (Individual Taxpayers' ID - CPF; and RG). If a shareholder doesn’t receive the notice, he/she shall go to a Bradesco branch in order to update his/her address data;

•           Payments regarding shares deposited under the custody of Companhia Brasileira de Liquidagao e Custodia - CBLC (The Brazilian Clearing and Depositary Corp.) shall be credited to that entity, and the Depositary Brokerage Firms shall be in charge of passing them through to the shareholders.