BOVESPA INDEX                          
                             
  Stock Name 19-Dec-03 ###### ###### ###### ###### ###### Chg 1 Day Chg 1 wk Chg 1 mth Chg 3 mth Chg 6 mth Chg 1 yr  
  BRASKEM     PNA 60.39 59.6 45.75 33.5 18.65 11 0.7% 1.3% 32.0% 80.3% 223.8% 449.0%  
  USIMINAS     PN 30.9 29.2 26.5 18.8 12.4 6.07 0.8% 5.8% 16.6% 64.4% 149.2% 409.1%  
  KLABINRIOCELPNN1 3.94 3.79 3.12 3.15 2.92 1.05 1.0% 4.0% 26.3% 25.1% 34.9% 275.2%  
  EMBRATEL PAR ON 14.6 14.07 12.01 7.49 5.75 4.37 -0.7% 3.8% 21.6% 94.9% 153.9% 234.1%  
  COMGAS     PNA  158.5 150.03 139.5 96.3 66.36 53.99 0.3% 5.6% 13.6% 64.6% 138.8% 193.6%  
  SID NACIONAL  ON 140 138.5 120.9 104.2 66.5 49.9 1.4% 1.1% 15.8% 34.4% 110.5% 180.6%  
  ELETROPAULO PN  69.5 68.02 46 38 26.81 25.6 -2.3% 2.2% 51.1% 82.9% 159.2% 171.5%  
  EMBRATEL PAR PN 9.48 9.6 9.76 7.75 5.57 3.77 0.4% -1.3% -2.9% 22.3% 70.2% 151.5%  
  BRASIL ON N1    24.59 24.6 21.65 16.78 13.55 9.85 0.4% 0.0% 13.6% 46.5% 81.5% 149.6%  
  TRANPAULIST PNN1 13.9 13.49 12.83 10.5 6.9 5.75 -1.4% 3.0% 8.3% 32.4% 101.4% 141.7%  
  SID.TUBARAO PN  89.6 87.82 73.22 65.03 47.3 38.1 2.4% 2.0% 22.4% 37.8% 89.4% 135.2%  
  NET PN N2       0.96 1.04 1.13 0.6 0.31 0.41 -2.0% -7.7% -15.0% 60.0% 209.7% 134.1%  
  BRADESPAR PN N1 1.24 1.11 0.87 0.84 0.62 0.57 0.8% 11.7% 42.5% 47.6% 100.0% 117.5%  
  TELE CTR OES PN 9.81 10.1 8.92 7.67 5.4 4.7 0.1% -2.9% 10.0% 27.9% 81.7% 108.7%  
  CRT CELULAR PN  625 585 528 485 326.85 309.05 -0.7% 6.8% 18.4% 28.9% 91.2% 102.2%  
  TRACTEBEL ON    7.28 7.25 6.95 7.38 7 3.61 -3.7% 0.4% 4.7% -1.4% 4.0% 101.7%  
  IPIRANGA PET PN 14.05 13.8 12.3 12.5 10.13 7.2 0.3% 1.8% 14.2% 12.4% 38.7% 95.1%  
  CESP         PN 14 15.15 10.7 10.33 7.5 7.18 -1.8% -7.6% 30.8% 35.5% 86.7% 95.0%  
  SABESP ON N1    166 163.01 132.81 129.5 108.15 85.6 -0.6% 1.8% 25.0% 28.2% 53.5% 93.9%  
  CEMIG PN N1     49.3 49.65 40.5 37.2 28.22 25.5 1.2% -0.7% 21.7% 32.5% 74.7% 93.3%  
  TELE LEST CL PN 0.84 0.76 0.62 0.56 0.44 0.44 0.0% 10.5% 35.5% 50.0% 90.9% 90.9%  
  EMBRAER     PN  24.8 22.52 20 15.7 13.9 13.76 4.4% 10.1% 24.0% 58.0% 78.4% 80.2%  
  ELETROBRAS   ON 43.8 41.2 38.5 26.1 20.65 24.31 1.4% 6.3% 13.8% 67.8% 112.1% 80.2%  
  TELESP CL PA PN 7.86 7.91 7.1 5.86 4.42 4.42 -0.1% -0.6% 10.7% 34.1% 77.8% 77.8%  
  LIGHT        ON 84 84 41.8 54 27.01 47.5 -0.2% 0.0% 101.0% 55.6% 211.0% 76.8%  
  ITAUSA PN N1    3.27 3.3 2.83 2.76 2.32 1.87 1.2% -0.9% 15.5% 18.5% 40.9% 74.9%  
  ELETROBRAS   PNB 41.82 41.46 38.41 29.51 22.87 24 -0.9% 0.9% 8.9% 41.7% 82.9% 74.3%  
  TELEMIG PART PN 5.16 4.84 5.14 4.15 2.87 3 0.2% 6.6% 0.4% 24.3% 79.8% 72.0%  
  ITAUBANCO PN N1 285.5 269 230 223 197.5 167 2.7% 6.1% 24.1% 28.0% 44.6% 71.0%  
  ACESITA      PN 1.6 1.59 1.43 1.39 1.47 0.94 -0.6% 0.6% 11.9% 15.1% 8.8% 70.2%  
  TELEMAR ON      33.66 32.21 29.55 33 24.2 20.05 -0.2% 4.5% 13.9% 2.0% 39.1% 67.9%  
  TELE CL SUL ON  3.21 3.04 3.02 2.4 2.08 1.94 -0.3% 5.6% 6.3% 33.8% 54.3% 65.5%  
  SOUZA CRUZ ON   29.24 28.3 27.55 26.5 20.82 17.81 0.0% 3.3% 6.1% 10.3% 40.4% 64.2%  
  VAL R DOCE ON   161.8 158 123.42 119 86.49 100.1 1.3% 2.4% 31.1% 36.0% 87.1% 61.6%  
  TELE CL SUL PN  4.35 4.06 3.65 2.92 2.39 2.7 0.9% 7.1% 19.2% 49.0% 82.0% 61.1%  
  PETROBRAS    PN 75.8 72.26 68.75 62.8 51.1 47.2 0.5% 4.9% 10.3% 20.7% 48.3% 60.6%  
  TELEMAR PN      44.15 42 39 43.4 34.15 27.5 0.9% 5.1% 13.2% 1.7% 29.3% 60.5%  
  GERDAU PN N1    53.78 49.28 42.52 46 30.55 33.5 0.6% 9.1% 26.5% 16.9% 76.0% 60.5%  
  TELE NORD CL PN 4.35 4.18 3.88 3.16 2.3 2.73 1.4% 4.1% 12.1% 37.7% 89.1% 59.3%  
  CEMIG ON N1     36.1 35.8 29.52 27.11 22.33 22.87 -0.8% 0.8% 22.3% 33.2% 61.7% 57.8%  
  CELESC PNB N2   0.82 0.78 0.59 0.62 0.47 0.52 2.5% 5.1% 39.0% 32.3% 74.5% 57.7%  
  PETROBRAS    ON 82.8 78.9 72.99 66.5 55.2 52.65 0.4% 4.9% 13.4% 24.5% 50.0% 57.3%  
  ARACRUZ PNB N1  9.6 8.97 7.69 8.36 5.81 6.39 0.5% 7.0% 24.8% 14.8% 65.2% 50.2%  
  EMBRAER      ON 18.35 15.91 13.9 11.9 10.85 12.25 5.2% 15.3% 32.0% 54.2% 69.1% 49.8%  
  VAL R DOCE AN   140 138.3 110.6 108.5 80.55 95.4 0.7% 1.2% 26.6% 29.0% 73.8% 46.8%  
  VCP PN N1       172.5 162.2 147.52 159.9 105.7 119 0.4% 6.4% 16.9% 7.9% 63.2% 45.0%  
  COPEL  PNB      13.04 13.35 11.1 9.62 9.61 9.12 -1.1% -2.3% 17.5% 35.6% 35.7% 43.0%  
  BRADESCO PN N1  14.51 13.94 12.12 12.23 11.13 10.7 0.9% 4.1% 19.7% 18.6% 30.4% 35.6%  
  AMBEV PN        695.6 665 658 654 590 525.5 1.3% 4.6% 5.7% 6.4% 17.9% 32.4%  
  BRASILTPAR ON N1 18.7 18.75 17.49 17.2 16.15 14.58 -3.9% -0.3% 6.9% 8.7% 15.8% 28.3%  
  TELESP PN       45.3 42.98 39.5 38.5 31.9 35.7 0.7% 5.4% 14.7% 17.7% 42.0% 26.9%  
  TELEMAR NL PNA  56.5 56.5 54 50 41.01 45.78 0.2% 0.0% 4.6% 13.0% 37.8% 23.4%  
  BRASILTELEC PNN1 14.51 15.3 13.53 13.39 13.3 11.76 -2.3% -5.2% 7.2% 8.4% 9.1% 23.4%  
  BRASILTPAR PN N1 21.25 21.74 20.78 22.45 21.5 18.35 -2.6% -2.3% 2.3% -5.3% -1.2% 15.8%  
                             
                          19-Dec-03