FAQ

1) Where are Paraná Banco‘s shares traded?

The Company‘s preferred shares are listed for trading in the BM&FBOVESPA under the symbol "PRBC4". Paraná Banco has entered into an agreement with the BM&FBOVESPA to list its shares in the "Nível 1" of the differentiated corporate governance practices.

It is import to reinforce that on June 29, 2007 the Brazilian Central Bank ratified the capital increase on July 3, 2007, each UNIT (PRBC11) split to eight Preferred Shares (PRBC4)

2) What are Paraná Banco‘s preferred shares rights?

Each common share entitles its owner to one vote in Paraná Banco‘s general and special shareholders meetings. The Company‘s preferred shares do not have voting rights in its shareholders‘ meetings, but the preferred shares have the following rights and benefits:

  • The right to be included in any public tender offer to acquire shares, in the same conditions and price paid for common shares that are part of a controlling stake, as a result of the sale or transfer of Paraná Banco‘s control;
  • The right to be included in a public tender offer for acquisition of shares at a minimum price that shall correspond to the economic value of the shares, as appraised by a valuation report, according to the Company‘s by-laws and the applicable laws, as a result of Paraná Banco‘s delisting from the Nível 1 segment of BM&FBOVESPA or if the Company goes private;
  • The right to participate in the distribution of profits in the same conditions established to common shares; and
  • Preemptive rights to participate, in proportion to their ownership interest in the Company‘s capital stock, in the distribution of any residual assets in the event of its liquidation, with no premium. The shareholders may at any time, convert its common shares into preferred shares, being one common share equivalent to one preferred shares in this conversion. To proceed with this conversion the shares to be converted must be paid-in and the legal limit must be observed, as well as the current rules related to disposition of control.

In the event of Paraná Banco‘s liquidation, its shareholders are entitled to capital reimbursement in the proportion of their stock holdings after the Company‘s debts and liabilities have been satisfied. Except in certain specific cases foreseen in Brazilian corporate law and the Preemptive Rights, Paraná Banco‘s shareholders are entitled to participate in its capital stock increases in the proportion of their stock holdings.

3) What are the transfer restrictions of Paraná Banco shares?

Each purchaser of Paraná Banco preferred shares in the United States will be deemed to have agreed not to deposit such preferred shares into an unrestricted global depositary receipt facility for as long as those shares are "restricted securities" within the meaning of Rule 144 under the Securities Act and to have represented and agreed as follows:

the purchaser: (i) is a qualified institutional buyer and is aware that the sale of Paraná Banco preferred shares to it is being made in reliance on exemptions from the registration requirements of the Securities Act and such acquisition will be for its own account or for the account of a qualified institutional buyer; or (ii) a person who, at the time the buy order for the preferred shares was originated, was outside the United States and was not a U.S. person (and was not purchasing for the account or benefit of a U.S. person) within the meaning of Regulation S under the Securities Act;

in making its decision to purchase the preferred shares, the purchaser: (i) has made its own investment decision regarding the preferred shares based on its own knowledge; (ii) has had access to such information as it deems necessary or appropriate in connection with its purchase of the preferred shares; and (iii) has sufficient knowledge and experience in financial and business matters and expertise in assessing credit, market and all other relevant risk and is capable of evaluating, and has evaluated independently, the merits, risks and suitability of purchasing the preferred shares; and

Paraná Banco preferred shares have not been, nor will they be, registered under the Securities Act and may not be re-offered, resold, pledged or otherwise transferred except: (i) (a) to a person who the purchaser reasonably believes is a qualified institutional buyer in a transaction meeting the requirements of Rule 144A, (b) outside the United States in a transaction complying with Rule 903 or Rule 904 of Regulation S or (c) pursuant to an exemption from registration under the Securities Act provided by Rule 144 thereunder (if available); and (ii) in accordance with all applicable securities laws of the states of the United States.

4) How individuals not resident in Brazil can invest in Paraná Banco shares?

The investors residing outside Brazil, including institutional investors, are authorized to acquire securities, including Paraná Banco shares, at the Brazilian stock exchanges, as long as they comply with the register requirements under Resolution nº 2,689 and CVM Instruction nº 325, of January 27, 2000, and amendments.

The investors registered under Resolution nº 2,689, except for certain circumstances, may carry out any type of transaction in the Brazilian capital market involving a security traded in the stock exchange, futures market or organized over-the-counter market. The investments in and remittances of, outside Brazil, earnings, dividends, profits or other payments related to Paraná Banco shares are carried out through the foreign exchange market.

To become an investor registered under the provisions of Resolution nº 2,689, an investor residing outside Brazil shall

  • appoint representative in Brazil, with powers to perform actions relating to its investment;
  • appoint an authorized custodian in Brazil for its investment under Resolution nº 2,689, which must be a financial institution duly authorized by the BACEN and CVM; and
  • through its representative, register as a non-Brazilian investor with the CVM and register the investment with the BACEN.

Securities and other financial assets held by non-Brazilian investors pursuant to CMN Resolution no 2,689 must be registered or maintained in deposit accounts or under the custody of an entity duly licensed by the BACEN or the CVM. In addition, securities trading is restricted to transactions carried out in the stock exchange or through organized over-the-counter markets licensed by the CVM.

5) How and when does Paraná Banco disclose its information?

All Paraná Banco’s material facts, earnings results and other notices to the market are published simultaneously at CVM/BM&FBOVESPA and at the investor relations area of the Company’s website (www.paranabanco.com.br), and sent later by email to persons registered to receive this information. To receive information by e-mail please register here.

Complete financial statements are published annually on the newspapers "Gazeta do Povo", "Diário Oficial do Estado do Paraná" and "Jornal da Tarde". Quarterly financial statements, press releases, presentations, material facts and notices to shareholders are available in the investor relations area of Paraná Banco’s website (www.paranabanco.com.br). Other information about the Company also may be obtained on the website of São Paulo Stock Exchange (http://www.bovespa.com.br) and at the Securities and Exchange Commission of Brazil - CVM (www.cvm.gov.br).

6) How can I contact the investor relations area?

Paraná Banco S.A.
Rua Visconde de Nacar, nº 1441.
Curitiba, Paraná, Brazil
80410-201
Phone: (+5541) 3351-9645
(+5541) 3351-9812
Fax: (+5541) 3240-1869
www.paranabanco.com.br

Laercio Schulze de Sousa
Investor Relations Officer
E-mail: ir@paranabanco.com.br

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