SAO PAULO, Sept. 2, 2013 /PRNewswire/ -- Companhia de
Saneamento Basico do Estado de Sao
Paulo - SABESP ("Company" - BM&FBovespa: SBSP3;
NYSE: SBS), one of the largest water and sewage service
providers in the world based on the number of
customers, pursuant to CVM Rule nº 358 of January 3, 2002, publicly informs that has filed
on this date its reply to the Resolution 427 (8/2/2013) of ARSESP –
Sanitation and Energy Regulatory Agency of the State of Sao Paulo, which maintained the
suspension of the company's tariff revision.
ARSESP, through said resolution, requested Sabesp to provide a
deadline to reevaluate certain items of its Regulatory Asset
Base – BRR and afterwards, forwarded through an official
letter, the items to be revised.
In reply, Sabesp has requested a three-month term to assess,
clarify and make the adjustments necessary to the Regulatory Asset
Base - BRR.
Sabesp also informs that, in view of referred Resolution, it
filed on August 16, 2013, a request
for the Agency to authorize the tariff adjustment by inflation, as
it occurs every year in August/September. Such request has not yet
been answered by the Agency.
More details will be discussed on a conference call to be held
this Friday, September 6, at
2:00 p.m. in Portuguese and at
4:00 p.m. in English. (Brasilia
Time).
IR Contacts:
Mario Arruda Sampaio: (55 11)
3388-8664 (maasampaio@sabesp.com.br)
Angela Beatriz Airoldi: (55 11)
3388-8793 (abairoldi@sabesp.com.br)
SOURCE SABESP