SAO PAOLO, Brazil, Nov. 13 /PRNewswire-FirstCall/ -- Bradespar released, on November 12, 2007, its 3Q07 results: Highlights * The net income results of R$232.1 million in the 3Q07 and R$863.7 million in the first nine months of the year (9M07) were all-time highs for the company in the respective periods. * The discount between Bradespar's net asset value and its market capitalization, which stood at 15% at yearend 2006, narrowed to 3% by the close of the 3Q07. * Average daily trading volume in Bradespar preferred stock (BRAP4) has posted steady improvement, rising to R$59.0 million in the 3Q07, the company's highest daily average ever in any quarter. The Company invites to its conference call (Portuguese only) to discuss the 3Q07 results on November 13, 2007, at 7:00 a.m. (US-ET) / 10:00 a.m. (Brasilia Time). Phone: (+55 11) 2188-0188 Code: Bradespar Replay: (+55 11) 2188-0188 Webcast will be available at the Company�s website: http://www.bradespar.com/ DATASOURCE: Bradespar CONTACT: Investor Relations of Bradespar, +55-11-2178-6300, Web site: http://www.bradespar.com/

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