CVM Instruction No. 195 of August 5, 1992

CVM INSTRUCTION NO. 195, OF AUGUST 5, 1992.

Amends the minimum unit nominal value for the issuance of Promissory Notes provided for in CVM INSTRUCTION NO. 155, of August 7, 1991.

The PRESIDENT OF THE SECURITIES AND EXCHANGE COMMISSION - CVM, makes public that the Collegiate Board, in a meeting held on this date, in accordance with the provisions of Articles 19, paragraph 5, II and 21, paragraph 6, of LAW NO. 6,385, of December 7, 1976.

RESOLVES:

Art. 1 Item I of Article 2 of CVM INSTRUCTION NO. 155, of August 7, 1991, shall enter into force with the following wording:

"Art. 2 ......

I - to have as their object promissory notes whose unit nominal value is, at minimum, Cr$ 800,000,000.00 (eight hundred million cruzeiros).

Sole Paragraph. This value shall be monetarily adjusted on the 1st (first) day of each month, according to the same index legally applicable to the monetary correction of the financial statements of publicly held companies."

Art. 2 This Instruction shall enter into force on the date of its publication in the Official Gazette of the Union.

Original signed by

ROBERTO FALDINI

President