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Ocean Wilsons Holdings Limited - Announcement
Hamilton, Bermuda - 10 December, 2008 - The principal operating subsidiary, Wilson Sons Limited announced to the Bermuda, Brazilian and Luxembourg Stock Exchanges the following:
In accordance with CVM Instruction Number 358, effective as of January 03rd, 2002, Item 2, Subitem XIX, WILSON SONS LIMITED (Bovespa: "WSON11 BZ") announces to all of its shareholders that the IFC - International Finance Corporation has exercised the option to sell its share participation in Tecon Salvador S/A, a Company subsidiary.
The transaction has been completed on December 08, 2008, upon payment of R$12,490,870.32, for the transfer of 2,761,695 shares, the equivalent to 10% of Tecon Salvador S/A's total share capital.
As a result of this transaction, WILSON SONS LIMITED becomes the sole owner of 100% of Tecon Salvador S/A's total share capital, through its subsidiaries in Brazil.
Further information is available on the Wilson Sons website (www.wilsonsons.com.br)