CVM INSTRUCTION NO. 322, OF JANUARY 14, 2000.

Amends CVM Instruction No. 302, of May 5, 1999.

The PRESIDENT OF THE SECURITIES AND EXCHANGE COMMISSION - CVM makes public that the Collegiate Board, in a meeting held on this date, in view of the provisions of Resolution of the National Monetary Council No. 1,787, of February 1, 1991, and of Article 19 of Law No. 6,385, of December 7, 1976, HAS RESOLVED to issue the following Instruction:

Article 1 The period provided for in Article 109 of CVM Instruction No. 302, of May 5, 1999, for funds in operation to adapt to the provisions of that Instruction, is extended to February 29, 2000.

Article 2 This Instruction enters into force on the date of its publication in the Official Gazette of the Union.

Signed original by

FRANCISCO DA COSTA E SILVA
President