IDEIASNET S.A., a publicly held company with headquarters at Rua Visconde de Pirajá, 572, salão 401, parte, Ipanema, in the city of Rio de Janeiro, corporate taxpayer's ID (CNPJ) 02.365.069/0001-44 (the "Company"), announces to its shareholders and the market in general that an special auction of unsubscribed shares (the "Special Auction") referring to the capital increase approved by the Board of Directors on 05/13/2008 (the  "Capital Increase"), shall be held on 07/08/2008 from 12:00 pm to 12:15 pm, through Bovespas' Electronic Trading System . 

 

In the Special Auction, three hundred and sixty-eight thousand, nine hundred and seventy-seven (368,977) common shares issued by the Company (the "Unsubscribed Shares") will be traded, representing approximately two point forty-five per cent (2.45%) of the total of fifteen million (15,000,000) shares issued due to the Capital Increase, at the minimum subscription price of six Brazilian reais and seventy centavos (R$ 6.70).

 

Lastly, we would like to highlight that the Centennial Asset Mining Fund LLC, a company associated to EBX Group (the "Centennial"), will guarantee the subscription and payment of all Unsubscribed Shares at the price of six Brazilian reais and seventy centavos (R$ 6.70), according to the Material Fact released by the Company on 06/05/2008.