Minutes of the Meeting of the Board of Directors - 610
On March 22nd, 2011, the Members of the Board of Directors, summoned by the Chairman Mr. Décio da Silva, met at the Company headquarters and decided as follows:
1) Based on the forecasted Financial Statements to be ended on March 31st, 2011, to distribute interests on stockholders equity to the total amount of R$ 42,367,637.27, corresponding to R$ 36,012,491.68 after the withholding of income tax of 15%, as established on second paragraph of article 9 of law No. 9.249/95, except for the legal entities shareholders that are exempt from the previously mentioned taxation, which shall receive the total amount.
Interests on stockholders equity, in accordance to article 37 of WEG¿s by-laws and article 9 of law 9.249/95, are attributed to the compulsory dividends.
2) Interest on stockholders equity will be paid considering a share capital of 620.905.029 shares. The credit date will be on March 31, 2011 and the payment to shareholders will occur on August 17, 2011, the shares trading "ex- Interests on stockholders equity" from March 22, 2011 onwards.
Being this all that there was to be decided upon, the Chairman thanked all the present members and ended the meeting. The present minute is transcribed on page 27 in the Minutes Book No. 14 of the Board of Directors, registered at JUCESC under number 11/051757-1 from April 02, 2011. Signed: Décio da Silva - Chairman of the Board of Directors. Nildemar Secches. Vice-chairmanof the Board. Miriam Voigt Schwartz. Martin Werninghaus. Douglas Conrado Stange. Moacyr Rogério Sens. Wilson Pinto Ferreira Junior. Members.