SAO PAULO, Brazil, Aug. 11 /PRNewswire-FirstCall/ -- Companhia de Saneamento Basico do Estado de Sao Paulo - Sabesp (NYSE: SBS; Bovespa: SBSP3), one of the largest water and sewage service provider in the world based on the number of customers, publicly announces to its shareholders and the market in general that on August 8, 2008, the Sao Paulo State Sanitation and Energy Regulatory Agency (ARSESP) approved the tariff readjustment index of 5.10% to be applied on a straight-line basis over water and sewage tariffs as of September 11, 2008. The aforementioned readjustment is not applicable to the municipalities of Sao Bernardo do Campo and Lins; tariffs and other conditions published in proper Notices will prevail thereon. The full content of notice will be available on Sabesp's website, http://www.sabesp.com.br/, as well as at all the Company's customer service offices and the Official Gazette of the state of Sao Paulo. IR Contact: Mario Arruda Sampaio Ph.: 5511 3388-8664 / e-mail: Angela Beatriz Airoldi Ph.: 5511 3388-8793 / e-mail: DATASOURCE: Sabesp CONTACT: Mario Arruda Sampaio, +011-5511-3388-8664, , or Angela Beatriz Airoldi, +011-5511-3388-8793, , both of Sabesp Web site: http://www.sabesp.com.br/

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