SECURITIES AND EXCHANGE COMMISSION
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No ___X____
VIVO PARTICIPAÇÕES S.A.
Publicly-held company
CNPJ 02.558.074/0001-73 NIRE 35.3.0015879-2
NOTICE TO THE MARKET
Vivo Participações S.A. informs that, in regard to the call notice sent to BOVESPA on the date hereof related to the Extraordinary General Shareholders’ Meeting for the ratification of the execution of the stock purchase and sale agreement of the Telemig Celular Participações S.A. and Tele Norte Celular Participações S.A. shares, pursuant to the Notice of Material Fact dated August 2, 2007, on account of the provisions set forth in the second paragraph of Article 256 of the Brazilian Corporations Law, the shareholders of Vivo Part., holders of common shares, shall have the right to withdraw. The right to withdraw, if exercised, shall refer to the amount of R$ 5.74 per share, based on the shareholders’ equity of the Company as of June 30, 2007. Shares purchased as of today shall have the right to withdraw in the amount referred to above.
Pursuant to article 137 of the Brazilian Corporations Law, the term set forth for the exercise of the right referred to above shall consist of 30 days counted as of the date of the publication of the minutes of the Extraordinary General Shareholders’ Meeting that approves the transactions, when the limit date, the manner and the conditions of qualification and other related information shall be disclosed.
São Paulo, August 03, 2007.
Ernesto Gardelliano
Investors Relationship Officer
SIGNATURE
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VIVO PARTICIPAÇÕES S.A. |
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By: |
/S/ Ernesto Gardelliano
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Ernesto Gardelliano
Investor Relations Officer |
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This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.