EXCHANGE AGENT AGREEMENTExchange Agent Agreement • September 16th, 2004 • Brasil Telecom Sa • Telephone communications (no radiotelephone) • New York
Brasil Telecom S.A. a corporation organized under the laws of the Federative Republic of Brazil (the "Company") proposes to make an offer (the "Exchange Offer") to exchange all of its outstanding 9.375% Notes due 2014 (the "Old Notes") for its 9.375% Notes due 2014 (the "New Notes"). The terms and conditions of the Exchange Offer as currently contemplated are set forth in a prospectus, dated [ ] (the "Prospectus"), proposed to be distributed to all record holders of the Old Notes. The Old Notes and the New Notes are collectively referred to herein as the "Notes".
OVERSEAS PRIVATE INVESTMENT CORPORATION CONTRACT OF INSURANCE FOR FIXED INCOME SECURITIES Against INCONVERTIBILITY as described below,Participation Agreement • September 16th, 2004 • Brasil Telecom Sa • Telephone communications (no radiotelephone) • New York
