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COMPANHIA DE SANEAMENTO BÁSICO DO ESTADO DE SÃO PAULO – SABESP
COMPANHIA ABERTA
NOTICE TO THE MARKET
Companhia de Saneamento Básico do Estado de São Paulo - Sabesp hereby announces that, in relation to the article published in Folha de São Paulo Newspaper on Sunday, February 22, 2015 entitled “Com Finanças em Apuros, Sabesp Cogita Tarifa Extra” (With Finances in Trouble, Sabesp Considers Extra Tariff), the Company clarifies that it:
a. Is continuously analyzing costs and the main deviations from those established in the business plan filed along with the São Paulo State Sanitation and Energy Regulatory Agency, or ARSESP, which is the reference to set the breakeven tariff as defined by the regulatory agency;
b. Is currently specifically analyzing the evolution of electricity costs, as well as the possibility of requesting a tariff rebalancing from ARSESP, if necessary; and
c. Will keep the market informed of any extraordinary revision requirement regarding this matter.
A copy of the said article is available on Sabesp’s IR website (in Portuguese).
São Paulo, February 23, 2015.
Rui de Britto Álvares Affonso
Chief Financial Officer and Investor Relations Officer
Companhia de Saneamento Básico do Estado de São Paulo - SABESP | ||
By: | /s/ Rui de Britto Álvares Affonso
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Name: Rui de Britto Álvares Affonso
Title: Chief Financial Officer and Investor Relations Officer |
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.