Investment Arm of Caixa Econômica Federal acquired a 17.23% stake in Paranapanema S.A. (BOVESPA:PMAM3) from BNDES Participações S/A - BNDESPAR on December 28, 2012. Caixa Econômica Federal acquired approximately 55 million shares of Paranapanema. Caixa Econômica Federal acquired approximately 55 million shares of Paranapanema.

Investment Arm of Caixa Econômica Federal completed the acquisition of a 17.23% stake in Paranapanema S.A. (BOVESPA:PMAM3) from BNDES Participações S/A - BNDESPAR on December 28, 2012.