Risk Notification Letter to BNDES Presented by Brazilian Environmental Organizations

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It is public knowledge that the Banco Nacional de Desenvolvimento Econômico e Social (BNDES) intends to act as the principal financier of the project denominated Aproveitamento Hidrelétrico de Belo Monte, on the Xingú River, State of Pará, independent of its financial, economic, social, or environmental cost. It has already been publicly announced that the bank is disposed to directly contribute a minimum of R$ (12 billion reais), which would be the largest individual investment of the financial institution to date.

By way of the present particular instrument and in the most appropriate way admitted by law, the NOTIFIERS, through the numerous attorneys here subscribed, hereby formally and respectfully NOTIFY regarding the following facts, which are expounded upon in the following.

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