We hereby inform the Shareholders that we will carry out the payment of interest on equity related to the forty quarter of 2011, in the amount of R$ 59,068,531.56 (fifty-nine million, sixty-eight thousand, five hundred and thirty-one Reais and fifty-six cents) which, after Income Tax withholding at source, results on net interest on equity of R$ 50,208,251.83 (fifty million, two hundred and eight thousand, two hundred and fifty-one Reais and eighty-three cents), according to the decision made at the Board of Director’s Meeting held on May 06, 2008.

Porto Alegre, November 22, 2011.

João Emílio Gazzana
CFO & Investor Relations Officer
Banco do Estado do Rio Grande do Sul S.A - Banrisul

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