Shareholder, if you wish to buy or sell shares of Saraiva S.A. Livreiros Editores:

•	proceed to you banking agency and request the service to your manager;
•	proceed to the securities broker of your preference, or;
•	Use your preferred on-line broker.

The operational expenses of the purchase or sale of shares are:

•	broker fee (it is variable according to the value of the operation);
•	“ANA - Aviso de Negociação de Ações” [Share Negotiation Call] fee (charged by the Stock Exchange); and
•	Emoluments (0.035 % over the value negotiated, on the day, per brokerage note).