0001019155-04-000165 Sample Contracts

RECEIPTS (Preferred Shares) Amended and Restated Deposit Agreement Dated as of ____________, 2004
Deposit Agreement • April 26th, 2004 • Brazil Realty Sa Empreendimentos E Participacoes/Adr/ • American depositary receipts • New York

AMENDED AND RESTATED DEPOSIT AGREEMENT dated as of ______________, 2004 among BRAZIL REALTY S.A. EMPREENDIMENTOS E PARTICIPAÇÕES, a corporation organized under the laws of the Federative Republic of Brazil (herein called the Company), THE BANK OF NEW YORK, a New York banking corporation (herein called the Depositary), and all Owners and Beneficial Owners from time to time of American Depositary Receipts issued hereunder.

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BRAZIL REALTY
Brazil Realty • April 26th, 2004 • Brazil Realty Sa Empreendimentos E Participacoes/Adr/ • American depositary receipts
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