MATERIAL FACT

 

IDEIASNET S.A., publicly held company headquartered at Rua Visconde de Pirajá, 572, salão 401/parte, Rio de Janeiro, Corporate Taxpayer's ID (CNPJ) no. 02.365.069/0001-44 ("Ideiasnet"), pursuant to CVM Rule no. 358/02, announces its shareholders and the market in general that Officer Distribuidora de Produtos de Informática S.A. ("Officer"), indirectly controlled by Ideiasnet, held an Extraordinary General Meeting which authorized the purchase of Ideiasnet's shares by Officer, observing the following conditions ("Transaction"):

Officer will acquire up to five million (5,000,000) common shares, and it is certain that Ideiasnet does not hold shares in treasury, and the number of shares to be acquired is lower than the legal limit of 10% of outstanding shares in the market.

The Transaction will be carried out at the São Paulo Stock Exchange - BOVESPA and will observe the limits and conditions set forth in CVM Rule 10/80 and subsequent amendments, pursuant to article 244, paragraph 1 of Law 6,404/76, and it shall be intermediated by the following financial institutions: Itaú Corretora de Valores S.A., Bradesco S.A. C.T.V.M., and BB Gestão de Recursos - D.T.V.M. S.A.

The purpose of the Transaction is the efficient use of funds available at Officer due to the pricing of Ideiasnet's shares at BOVESPA;

The Transaction will occur in up to 365 days, counted as of September 23, 2008, with conclusion on September 22, 2009.

 

Rio de Janeiro, September 18, 2008.