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Mr. F�bio Schvartsman is a member of the Board of Directors and the Audit Committee, Mr. Schvartsman served as Chief Financial Officer, partner and member of the Board of Directors of Ultrapar Participa��es until April 1, 2007. He is the CEO of Telemar Participa��es and sits on the board of directors of Telemar Norte Leste, Contax and Gafisa, where he also serves as Chairman of the Audit Committee. He is a member of the Advisory Boards of Signatura Lazard and Hospital Israelita Albert Einstein, and the Founder and President of the consultancy FSCH Assessoria em Planejamento Financeiro e Empresarial. He holds a bachelor's degree in Engineering and a graduate degree in Production Engineering from the Polytechnic School of the University of S�o Paulo, and also a graduate degree in Business Administration from the Get�lio Vargas Foundation. | 