ANNOUNCEMENT AND PAYMENT OF INTERIM DIVIDENDS 2012
Continuing the Notice to the Shareholders of January 10, 2013, published on January 11, 2013, Telefônica Brasil S.A. ("Company") hereby informs its shareholders that, there were no acquisitions of shares within the Share Buyback Program of the Company to be held in treasury to subsequent disposal and/or cancellation, according to the Notice of Material Fact of November 5, 2012. Therefore the amount per share for the interim dividends deliberate by the Board of Directors on January 10, 2013, remains unchanged, as described in the table below:
Type of shares
Amount per share: R$
(*) 10% higher than the amount granted to each common share, in accordance with article 7 of the
The correspondent credit will be accounted, on individual basis for each shareholder holder of common and preferred shares, in accordance to the shareholder registry book position by the end of the day, on January 21, 2013. After this date, the shares will be considered as "ex-dividends".
The payment of these interim dividends will be carried out starting as of February 18, 2013.
São Paulo, January 21st, 2013.
Gilmar Roberto Pereira Camurra