Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No ___X____Osasco, São Paulo, Brazil, July 25th, 2005
Securities and Exchange CommissionRe.: - Stock Conversion of stocks of the Minority Stockholders of Bradesco Seguros S.A. (Seguros) into Banco Bradesco S.A. (Bradesco)
Gentlemen,
We hereby communicate the approval, by the Central Bank of Brazil, on July 18th, 2005, as published in the Federal Official Gazette of July 20th, 2005, of the conversion of stocks of the minority stockholders of Seguros into Bradesco stocks, deliberated in the Special Stockholders’ Meeting held on March 10th, 2005.
Consequently, stocks issued by Bradesco, attributed to the minority stockholders of Seguros, in the proportion of 165,12329750137 stocks, in which 82,95659669277 are common stocks and 82,16670080860 are preferred ones for each stock of Seguros, will be subscribed on behalf of the stockholders of Seguros in Bradesco on July 26th, 2005.
The amount relative to the payment of fractions of stocks due to the conversion (R$32,6377574001 per stock, proportionally to the fraction held) will be avaible for the stockholders of Seguros from July 29th, 2005 on.
Dividends: New stocks will be entitled to monthly and eventually complementary Dividends and/or Interest on Own Capital which may be declared by the Board of Directors from the conversion date on, as well as eventual advantages which may be attributed to the outstanding stocks.
| Cordially, | |
| Banco Bradesco S.A. | |
| José Luiz Acar Pedro | |
| Executive Vice President and | |
| Investor Relations Director |
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BANCO BRADESCO S.A.
| ||
| By: |
/S/
José Luiz Acar Pedro
| |
|
José Luiz Acar Pedro
Executive Vice President and Investor Relations Director | ||
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