SCN QUADRA 04 - Ed. Centro Empresarial Varig, sala 702-A
Cep: 70.714-000 - Brasília (DF) - Brazil
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TELEMIG CELULAR PARTICIPAÇÕES S.A.
Publicly-held Company
Corporate Taxpayers ID (CNPJ) # 02.558.118/0001 -65
Corporate Registry (NIRE) # 533.0000.577 -0
NOTICE TO SHAREHOLDERS
PAYMENT OF DIVIDENDS
Telemig Celular Participações S.A. hereby announces that the General/Extraordinary Shareholders Meeting held on April 27, 2006, resolved that dividends for the fiscal year of 2005 shall be paid as follows:
1 AMOUNT
The total amount payable is R$91,000,000.00 (ninety-one million reais).
The amount per lot of a thousand common and preferred shares is R$ 0.257116.
2 EX-DIVIDENDS NEGOCIATION
The dividends shall be paid to shareholders holding shares on April 27, 2006.
As of April 28, 2006, the shares of Telemig Celular Participações S.A. will be traded ex-dividends concerning the results of the fiscal year 2005.
There shall be no withholding income tax on the dividends mentioned above.
3 PAYMENT DATE
The payments shall be made as of May 23, 2006.
4 FORM AND PLACE OF PAYMENT
The dividends corresponding to the shares deposited in the Fungible Custody of the C.B.L.C- Companhia Brasileira de Liquidação e Custódia (Brazilian Clearing and Depository Corporation) shall be credited to this Institution, which shall transfer said dividends to the shareholders in question through the authorized brokers.
Other shareholders shall receive their dividends at the branch of Banco ABN-AMRO Real S.A. of their choice, duly identified by the documents listed below:
Individuals: Certified copy of ID card, Individual Taxpayers Card (CPF) and proof of current address.
Companies/institutions: Certified copy of Corporate Taxpayers Card (CNPJ/MF), current Articles of Association or By-laws, and a copy of the minutes electing the current executive board. The managing partners or executive officers with power to represent the company shall submit a certified copy of their Identity Card, Individual Taxpayers Card (CPF) and proof of current address.In the case of representation by proxy, attorneys-in-fact shall submit their respective power of attorney and certified copies of their Identity Card and CPF card.
Brasília, April 27, 2006.
Oscar Thompson
Head of Investor Relations
TELEMIG CELULAR PARTICIPAÇÕES S.A. | ||||
By: | /s/ Oscar Thompson | |||
Name: | Oscar Thompson | |||
Title: | CEO and Head of Investor Relations |