The Extraordinary General Meeting held on July 20, 2007 implemented an amendment in the Company´s bylaws to formalize the existence of an Audit Committee within the structure of Banco Sofisa, in accordance with the required model pursuant to the current Corporate Governance standards of the BM&FBOVESPA. The Audit Committee has existed since 1995, however, its regulations were adapted to the current Corporate Governance rules for its inclusion in the Company´s bylaws.