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Notice to the Market − Payment of Dividends

NOTICE TO THE MARKET PAYMENT OF DIVIDENDS

Banrisul - Banco do Estado do Rio Grande do Sul S.A., hereby informs the market that the Board of Directors Meeting of March 13, 2009, approved the proposal to pay additional dividends of 15% (fifteen percent), bringing total dividends for the fiscal year of 2009 to 40% (forty percent) of adjusted net income, which will be submitted for approval to the next General Shareholder’ Meeting.

Porto Alegre, March 13, 2009.

Ricardo Richiniti Hingel
Chief Financial and Investor Relation Officer
Banco do Estado do Rio Grande do Sul S.A. - Banrisul

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Contact IR

Phone: +55 51 3215-3232
E-mail: ri@banrisul.com.br

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