TIM PARTICIPAÇÕES S.A.
Publicly Held Company
CNPJ/MF 02.558.115/0001 -21
MINUTES OF THE EXTRAORDINARY SHAREHOLDERS' MEETING HELD ON MARCH 03rd, 2008
DATE, TIME AND PLACE: On March 03rd, 2008, at 04:00 p.m., at the headquarters of TIM Participações S.A. ("Company"), located at Avenida das Américas, 3434, Block 1, Barra da Tijuca, Rio de Janeiro (RJ).
ATTENDANCE: Shareholders representing more than 81% (eighty one per cent) of the voting capital, pursuant to the signatures on the Shareholders' Attendance Book. Also attended the meeting Mr. Gianandrea Castelli Rivolta, Chief Financial and Investors Relations Officer of the Company, Mr. Vicente Pegoraro, member of the Statutory Audit Committee of the Company, Mr. Lorenzo Lindner, Customer Relationship Manager – CRM of the Company and Mr. Saulo Bonizatto, partner of Accenture do Brasil.
BOARD: Chairman – Mr. Robson Goulart Barreto; Secretary – Ms. Alessandra Catanante.
CALL: Call notice published at "Diário Oficial" of State of do Rio de Janeiro on January 31st, on February 1st and 7th, 2008 at "Jornal do Brasil" and at "Gazeta Mercantil" on January 31st, February 1st and 6th, 2008.
AGENDA: Review, discuss and decide on the proposal of execution of the First Amendment to the Cooperation and Support Agreement, executed between Telecom Italia S.p.A, TIM Celular S.A., TIM Nordeste S.A. and the Company, as an intervening party.
READING OF DOCUMENTS, RECEIPT OF VOTES AND PREPARATION OF THE MINUTES: (1) The shareholders waived unanimously the reading of the documents related to the matters to be resolved in this Shareholders' Meeting, even the presentation prepared by the Company, since they are fully known by all shareholders, once they were disclosed in the Company's web site and in CVM's IPE system; (2) The votes, comments and disagreements, if any, shall be numbered, received and initialed by the Chairman and the Secretary and filed at the Company's headquarters, pursuant to Section 130, Paragraph 1 of Law 6,404/76; (3) The preparation and publication of these minutes in summary form, without the signatures of the shareholders, has been authorized as provided in Section 130, Paragraphs 1 and 2 of Law 6,404/76, respectively.
RESOLUTIONS: Upon review and discussion on the matter contained in the Agenda, in compliance with the documentation previously disclosed about the history of the Cooperation and Support Agreement ("Agremment") during the year of 2007 and the benefits earned by TIM Celular S.A. and TIM Nordeste S.A., the shareholders resolved: to approve by unanimous decision votes, including the votes of the preferred shareholders, in compliance with art. 13, sole paragraph of the Company's By-Laws, the extension of the Cooperation and Support Agreement for twelve (12) months, pursuant to the proposal review by The Board of Directors Meeting, being the Officers of the Company hereby authorized to do any and all acts that may be deemed necessary in order to proceed to extension of the agreement mentioned above, being registered hereby the abstention of the shareholder TIM Brasil Serviços e Participações S.A. and e Stichting Pensioenfonds ABP, which has delivered vote that will be filed at the Company's headquarters.
CLOSING: There being no further business, the Chairman adjourned the meeting for the time required for the preparation of these minutes. The meeting was once more called to order and the minutes were read and approved by all those present, and were signed by the Chairman and the Secretary, as well as by the shareholders identified below.
TIM Brasil Serviços e Participações S.A
Robson Goulart Barreto
p.p. Kenneth Gerald Clark Jr.
Caixa de Previdência dos Funcionários do Banco do Brasil – PREVI
p.p. Claudia Pessoa Lorenzoni