Rua Levindo Lopes, 258 - Funcionários
Cep: 30.140-170 - Belo Horizonte (MG) - Brazil
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SPE.CVM.019/2008
São Paulo, June 23, 2008
To
Telemig Celular Participações (“Company”)
C/O: Investor Relations Officer
Mr. Roberto Oliveira de Lima
Ref.: Article 12 of CVM Instruction 358/2002, as amended by CVM Instruction 449/2007
Dear Sirs,
UNIBANCO – UNIÃO DE BANCOS BRASILEIROS S.A., inscribed in the Corporate Roll of Taxpayers (CNPJ/MF) under no. 33.700.394/0001 -40, as the administrator of investment funds, funds of funds and managed portfolios (“Funds”), herby informs that on June 18, 2008 the consolidated equity interest under our management in common shares in the Company was reduced to 4.59% (four point fifty-nine percent), represented by 618,777 (six hundred eighteen thousand, seven hundred and seventy-seven) shares, as stated in the attached chart.
In addition, we clarify that this equity interest has the sole objective of seeking a return on investment, with no interest in participating in the management of the Company.
Lastly, we clarify that the individual interests described in the attached chart should not be disclosed by the Company, given that they represent percentages of less than 5% (five percent), and therefore are not subject to disclosure pursuant to Article 12 of CVM Instruction 358/2002.
We are at your disposal for any further clarifications you may require.
Sincerely,
| Roberto Lamy | Márcia Maria de Freitas Aguiar |
| UNIBANCO - UNIÃO DE BANCOS BRASILEIROS S.A. | |
| TELEMIG CELULAR PARTICIPAÇÕES S.A. | ||||
| By: | /s/ Roberto Oliveira de Lima | |||
| Name: | Roberto Oliveira de Lima | |||
| Title: | Chief Executive Officer, Chief Financial Officer and Investor Relations Officer | |||
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.