Pursuant to Rule 13a-16 or 15d-16 of the
22640-102 Rio de Janeiro, RJ, Brazil
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.
TIM PARTICIPAÇÕES S.A.
Publicly-held Company
Corporate Taxpayers Id. (CNPJ/MF): 02.558.115/0001 -21
Company Registry (NIRE) 33.300.276.963
NOTICE TO THE MARKET / QUERY MADE BY BOVESPA
TIM ParticipaçõesresponseS.A to a . query(“Company”), made by the São Paulo Stockin Exchange (“Bovespa”) through -07 regarding its a news itemletter in the December 26, 2007 edition of the newspaper Valor Econômico about the supposed application for bankruptcy filed by MPM Transportes Ltda. against TIM Celular S.A. (Subsidiary), hereby makes the following clarification:
Till now, the Subsidiary has not been cited in the specific case records and does not have any knowledge about the existence of the said application or its contents. Hence, it cannot provide any further clarification on the matter.
It is pertinent to mention that the São Paulo State High Court is in recess till January 6, 2008 and hence the respective case records cannot be examined before this date.
However, we reiterate that the claim amount of R$ 206,416.41, as available at the internet address of the said Court (see attachment), does not materially affect the Company's business or its assets.
We hope we have clarified the matter and remain at your disposal for any additional information you may require in this regard.
Rio de Janeiro (RJ), January 2, 2008.
TIM PARTICIPAÇÕES S.A
Gianandrea Castelli Rivolta
Investor Relations Officer
Central Civil Court João Mendes Júnior – Proceeding #265736/2007
| Proceeding | CIVIL PROCEEDING | |
| Judicial District/Court | Central Civil Court João Mendes Júnior | |
| Proceeding | 583.00.2007.265736-2 | |
| Notary’s Office/Circuit | 1st Circuit Court of BankruptcyCourtand Judicial Reorganization | |
| Jurisdiction | Bankruptcy and Judicial/Out-of-Court Reorganization | |
| Order/Control | 543/2007 | |
| Group | Bankruptcy and Judicial/Out-of-Court Reorganization | |
| Lawsuit | Petition for bankruptcy | |
| Type of Filing | Free | |
| Filed on | December 21,2007 at 4:33 pm | |
| Currency | Real | |
| Value of Matter in Dispute | R$ 206,416.41 | |
| Number of Plaintiff(s) | 1 | |
| Number of Defendant(s) | 1 | |
| Petitioner | PARTY(IES) OF THE PROCEEDING | |
| MPM TRANSPORTES LTDA | ||
| CNPJ 00.770.482/0001-69 | ||
| Attorney: 97023/SP HELENO MIRANDA DE OLIVEIRA | ||
| Attorney: 97023/SP HELENO MIRANDA DE OLIVEIRA | ||
| Defendant | TIM CELULAR S/A | |
| CNPJ 04.206.050/0001-80 | ||
| STATUS OF THE PROCEEDING | ||
| 12/21/2007 | Withdrawal at Internal Circuit Court #414883 | |
| 12/21/2007 | Proceeding Filed by Raffle to the 1st Circuit Court of | |
| Bankruptcy and Judicial Reorganization | ||
| ABSTRACT(S) of PROCEEDING DECISION(S) | ||
| No abstract recorded. | ||
The information contained in the Court of Justice of São Paulo website has no legal effect. The counting of terms is only valid as of the publication on the Official Gazette of the state of São Paulo – Judiciary Branch – Court of Justice.
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BOVESPA
A Bolsa do Brasil
GAE/SAE 2645-07
December 26, 2007
Mr. Gianandrea Castelli Rivolta
Investor Relations Department
Tim Participações S.A.
Dear Sirs
In the bankruptcies column of the December 26, 2007 edition of the newspaper Valor Econômico, there is mention that Mpm Transportes Ltda. has requested that Tim Celular S.A be declared bankrupt.
We request you to clarify the above suit and provide any other information that may be considered important.
Sincerely
Carlos Henrique Carajoinas
Supervision of Analysis of Companies
Telephone: (011) 3233-2116/3233-2084
c.c. CVM – the Brazilian Securities and Exchange Commission
Ms. Elizabeth Lopez Rios Machado – Superintendent of Relations with Companies
Mr. Waldir de Jesus Nobre – Superintendent of Relations with the Market and Intermediaries
Please note that the company's response must be sent only through the IPE System by selecting the Category: Notice to the market and then, the Type: Clarifications on |
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CVM/Bovespa Queries, which will simultaneously transmit the file to Bovespa and CVM. To facilitate market understanding, the file must first contain the gist of the query followed by the company’s response. |
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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: January 03, 2008 | By: | /s/ Mario Cesar Pereira de Araujo | |
| Name: Mario Cesar Pereira de Araujo | |||
| Title: Chief Executive Officer | |||
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will a ctually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.