SABESP announces proposal for extraordinary tariff revision
SAO PAULO, March 31, 2015 /PRNewswire/ -- Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP (BM&FBovespa: SBSP3; NYSE: SBS), pursuant to CVM Instruction 358 of January 3, 2002, and amendments thereto, hereby informs its shareholders and the market in general that, on March 31, 2015, the Sao Paulo State Sanitation and Energy Regulatory Agency (ARSESP) published a notice on the Official Gazette of the State of Sao Paulo (DOE), announcing that it is submitting for Public Consultation a proposal for Sabesp's Extraordinary Tariff Revision, according to Preliminary Technical Note RTS/003/2015, which implies in a total tariff adjustment of 13.97%, 7.06% of which refers to tariff adjustment by the IPCA (Amplified Consumer Price Index) minus the efficiency factor; and 6.36% refers to the extraordinary revision.
At the same time, ARSESP informed that the Public Consultation period will end on April 15.
The Technical Note RTS/003/2015 is available at the following electronic addresses:
(i) ARSESP's website: http://www.arsesp.sp.gov.br/ConsultasPublicasBiblioteca/NT_RTS_03_2015.pdf; and
(ii) Sabesp's website, Investor Relations section.
IR Contacts:
Mario Arruda Sampaio: (55 11) 3388-8664 ([email protected])
Angela Beatriz Airoldi: (55 11) 3388-8793 ([email protected])
SOURCE SABESP
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