SABESP Announces Proposal For Extraordinary Tariff Revision
SAO PAULO, April 3, 2015 /PRNewswire/ -- Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP (BM&FBovespa: SBSP3; NYSE: SBS), pursuant to CVM Instruction 358 of January 3rd, 2002, and amendments thereto, hereby announces that, in regard to the Material Fact of March 31, 2015, which stated that the Sao Paulo State Sanitation and Energy Regulatory Agency ("ARSESP) had, on that date, submitted for Public Consultation a proposal for a Sabesp Extraordinary Tariff Revision, in accordance with Preliminary Technical Note RTS/003/2015, the total increase in the tariff proposed by the agency is 13.87% and not 13.97%, as disclosed previously.
In addition, today ARSESP published in the Official Gazette of the State of Sao Paulo (DOE), a notice announcing that it will hold Public Hearings on the proposal for the Sabesp Extraordinary Tariff Revision, in accordance with Preliminary Technical Note RTS/003/2015, at 9:00 a.m. on April 15 in the Auditorium of the Department of Agriculture and Supply, located at Praca Ramos de Azevedo, 254, Sao Paulo/ SP.
The other information disclosed in the Material Fact of March 31, 2015 remains unaltered.
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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