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BM&FBOVESPA S.A. ­ Bolsa de Valores, Mercadorias e Futuros
The Brazilian Securities, Commodities and Futures Exchange
Brazilian Federal Taxpayer CNPJ No. 09.346.601/0001-25
State Registration Number NIRE No. 35.300.351.452
2011 operating expense and investments budgets downshift

BM&FBOVESPA S.A. ­ Bolsa de Valores, Mercadorias e Futuros (Company)
announces the review of the adjusted operating expense (OPEX) and investments
(CAPEX) for 2011, as follows:
The adjusted operating expense budget is revised down in 2011 to an interval
between R$580 million and R$590 million, in comparison with the previous
interval between R$615 million and R$635 million; and
The estimated 2011 CAPEX budget is revised from a previously announced
interval of R$235 million and R$255 million to an interval between R$180 million
and R$210 million.

São Paulo, November 8, 2011
Eduardo Refinetti Guardia
Chief Financial, Corporate Affairs and Investor Relations Officer