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___
COMPANHIA DE SANEAMENTO BÁSICO DO ESTADO DE SÃO PAULO - SABESP
LISTED COMPANY
CNPJ 43.776.517/0001-80
NIRE 35300016831
MARKET ANNOUNCEMENT
CHANGE OF EXTERNAL AUDITORS
Sabesp (Companhia de Saneamento Básico do Estado de São Paulo), a listed company with securities traded on the stock exchanges of São Paulo and New York, hereby informs its stockholders, the market and the public – in accordance with CVM Instruction 308/99, as amended – as follows:
Sabesp has contracted Deloitte Touche Tohmatsu Auditores Independentes (“Deloitte”) for the external auditing of Sabesp and its investees, replacing PricewaterhouseCoopers Auditores Independentes (“PWC”).
Deloitte’s activity will begin with the review of the Quarterly Information (“ITRs”) reporting for the third quarter of 2012.
The appointment occurred due to the expiration of the contract with PWC, the term of which was limited to 60 months, in compliance with legislation applicable to Sabesp (clause 57 of Law 8666/93).
Sabesp has obtained the consent of PWC in relation to the justification for the change.
São Paulo, September 10, 2012.
Rui de Britto Álvares Affonso
Chief Financial Officer and Investor Relations Officer
Companhia de Saneamento Básico do Estado de São Paulo - SABESP | ||
By: | /s/ Rui de Britto Álvares Affonso
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Name: Rui de Britto Álvares Affonso
Title: Chief Financial Officer and Investor Relations Officer |
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.