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____
TIM PARTICIPAÇÕES S.A.
Payment
of Dividends
and Interest on Own Capital
| Paulo Roberto Cruz Cozza | |
| Contacts | Chief Financial Officer and Director of |
| Investor Relations | |
| Joana Serafim | |
| Investor Relations | |
| (41) 9913-0006 / 312-6862 | |
| jserafim@timsul.com.br | |
| Leonardo Marques Wanderley | |
| Investor Relations | |
| (81) 9923-0023 / (41) 312-6862 | |
| lwanderley@timsul.com.br | |
| Website | |
| http://www.timpartri.com.br |
Curitiba, May 6, 2005 – TIM Participações S.A. (BOVESPA: TCLS3 and TCLS4; and NYSE: TSU), the holding company of TIM Sul S.A. and TIM Nordeste Telecomunicações S.A., today announced payment of dividends and interest on own capital.
The shareholders of TIM Participações S.A. are hereby notified that, according to the decision of the General Shareholders´ Meeting held on March 9, 2005, the Company will begin, May 10, 2005, to pay dividends and interest on own capital (JSCP) related to the fiscal year ended on December 31, 2004
1 – Amount of dividend and Interest on Own Capital (to be paid per 1,000 shares):
| Common Shares | Preferred Shares | |
| Gross amount of Interest on own capital | R$ 0.042704317 | R$ 0.042704317 |
| Net amount of Interest on own capital | R$ 0.036298669 | R$ 0,036298669 |
| Dividends | R$ 0.0607 | R$ 0.0607 |
Realized portion of the special reserve of Tele Nordeste Celular Participações S.A. for dividends payable for shareholders at April 5, 2002, as well.
2 –Realized portion of the special reserve for dividends payable for shareholders of Tele Nordeste Celular Participações S.A. at April 5, 2002, related to the fiscal year ended on December 31, 2001 ( to be paid per 1,000 shares):
| Common Shares | Preferred | Shares |
| Dividends | R$0.0033 | R$0.0033 |
2.1. Payment directly by Stock Exchanges to the shareholders that participate in the fiduciary custody;
2.2. Payment through Banco ABN AMRO Real S/A branches, to those shareholders that are not included in the previous items.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| TIM PARTICIPAÇÕES S.A. | ||
| Date: May 6, 2005 | By: | /s/ Paulo Roberto Cruz Cozza |
| Name: Paulo Roberto Cruz Cozza | ||
| Title: Chief Financial Officer | ||