São Paulo, July 30, 2013.
To
Bolsa de Madrid
Madrid, España
Ref.: Program of acquisition of shares issued by the own Company for holding in treasury for subsequent sale or cancellation
The Board of Directors of Bradespar S.A., at a meeting held today, pursuant to Paragraph 7 of Article 6 of the company's bylaws, and in compliance with the requirements set forth in Paragraphs 1 and 2 of Article 30 of Law # 6,404/76 and CVM Instructions # 10, 268 and 390, as of 2.14.1980,
11.13.1997 and 7.8.2003, respectively, resolved:
I) to renew the program to acquire shares issued by the Company to be maintained in treasury and subsequent disposal or cancellation, maintaining the same number of shares, without decreasing the capital stock;
II) to authorize the Board of Executive Officers to acquire up to 1,500,000 registered book-entry shares, with no par value, divided into 500,000 common shares and 1,000,000 preferred shares. It is incumbent on the Board of Executive Officers to determine the opportunity and the number of shares to be effectively acquired, within the limits authorized and the duration of this resolution.
For the purposes of Article 8 of CVM Instruction # 10, as of 2.14.1980, it is specified that:
a) the objective of the present authorization is the application of existing funds in the "Profits
Reserves - Statutory", available for investments;
b) it shall be valid for the period of 365 days, from 8.2.2013 to 8.1.2014;
c) pursuant to the provisions in Article 5 of CVM Instruction # 10, Bradespar has 249,032,625 outstanding shares in the market, of which 26,547,221 are common shares and 222,485,404 are preferred shares; and

d) the acquisition process of these shares shall be undertaken at market price and be mediated by Bradesco S.A. Corretora de Títulos e Valores Mobiliários, with headquarters at Avenida Paulista, 1.450, 7o andar, Bela Vista, São Paulo, SP, and Ágora Corretora de Títulos e Valores Mobiliários S.A., with headquarters at Praia de Botafogo, 300, salas 601 and 301, parte, Botafogo, Rio de Janeiro, RJ;
III) that in the event of cancellation of the shares eventually acquired, the Board of Directors shall be responsible for submitting such cancellation for the approval of the General Shareholders' Meeting, without decreasing the capital stock;
IV) to register that regarding the authorization granted to the Board of Executive Officers during this Body's Meeting # 271, of 1.31.2013, it was verified, until this date (7.30.2013), that no share was acquired at the period.
Cordially, Bradespar S.A.

Renato da Cruz Gomes

Investor Relations Officer

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