SAO PAULO, Feb.12, 2014
/PRNewswire/ -- Companhia de Saneamento Basico do Estado de
Sao Paulo - SABESP
(BM&FBovespa: SBSP3; NYSE: SBS), one of the largest water and
sewage service provider in the world based on the number of
customers, pursuant to CVM Instruction 358, hereby informs its
shareholders and the market in general that, on February 11, 2014, the Sao Paulo State Sanitation
and Energy Regulatory Agency (ARSESP) published a notice announcing
the following:
a) Submission to a Public Consultation of the proposals
for the Initial Maximum Price (P0) and Efficiency Factor (Factor
X), applicable to Sabesp's Tariff Revision process, as per
Technical Note RTS/001/2014 - February
2014; and
b) Public Hearing pursuant to the proposals for the Initial
Maximum Price (P0) and Efficiency Factor (Factor X), to be held on
March 12, 2014.
Once the public consultation phase is over, ARSESP will publish
by April 10, 2014 a detailed report
and the definitive Initial Maximum Price (P0) and Efficiency Factor
(Factor X), applicable to Sabesp's Tariff Revision process.
The Technical Note RTS/001/2014 – February 2014 is available at the following
electronic addresses:
(i) "Sabesp Tariff Revision",
http://www.arsesp.sp.gov.br/SitePages/informacoes-economicofinanceiras/
revisao-tarifaria-sabesp.aspx ; and
(ii) Sabesp's website, Investor Relations section
The Company is analyzing the Technical Note RTS/001/2014 –
February 2014 and will comment
opportunely.
SOURCE SABESP