PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
São Paulo, S.P., 05429-900
Federative Republic of Brazil
annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F ______
in paper as permitted by Regulation S-T Rule 101(b)(1)__.
in paper as permitted by Regulation S-T Rule 101(b)(7)__.
Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under
the Securities Exchange Act of 1934.
Yes ______ No ___X___
registrant in connection with Rule 12g3-2(b):
COMPANHIA DE SANEAMENTO BÁSICO DO ESTADO DE SÃO PAULO – SABESP
PUBLICLY-HELD COMPANY
Corporate Taxpayer's ID (CNPJ/MF): 43.776.517/0001-80
MATERIAL FACT
Companhia de Saneamento Básico do Estado de São Paulo – Sabesp, pursuant to CVM Instruction 358, of January 3, 2002, hereby informs its shareholders and the market in general that on this date (May 4, 2015) the São Paulo State Sanitation and Energy Regulatory Agency (ARSESP) published Resolutions 560 and 561.
Resolution 560 authorizes an increase of 7.7875% in the current tariffs, consisting of: a) the 2015 annual tariff adjustment of 7.1899%, based on the 8.1285% variation in the IPCA consumer price index between March 2014 and March 2015, less the efficiency factor (factor X) of 0.9386%; and b) an additional adjustment of 0.5575%, due to the postponement of the application of the Regular Tariff Revision, authorized for May 2014 but only implemented in December of the same year, when it was partially offset.
Resolution 561 establishes an index of 6.9154% for Sabesp’s Extraordinary Tariff Revision applicable to the tariffs authorized on this date by ARSESP Resolution 560, cited above.
The two tariff adjustments combined result in an index of 15.24%. The new tariff amounts are applicable 30 days after their publication by the Diário Oficial do Estado (Official Gazette).
The detailed report on the contributions, the Tariff Revision Technical Note, the Resolution 560 and Resolution 561 are available at ARSESP’s website and Sabesp website, Investor Relation section.
São Paulo, May 4, 2015.
Rui de Britto Álvares Affonso
Chief Financial Officer and Investor Relations Officer
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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 |
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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.