Name of the association in your own language:  Instituto Nacional de Investidores - INI

Name of the association in English:  National Institute of Investors - NII

Homepage address: www.ini.org.br

Date of foundation: September 2002

Objectives of the association (education, etc.):
INI provides Investment Education and a fundamental approach to investing in stocks by stimulating their members to form investment clubs and learn about the market in these clubs, by studying and investing simultaneously. The Institute has the goal to help their members to achieve peace and prosperity through investment education, and to cooperate with each other to achieve this goal. By reinforcing the importance of investment clubs in the education of investors, INI tries to help as many people as possible to bear risk and share profits within the present social structure and organization of the Brazilian society.

Board of directors (number/name of chairman):
16 Members, Paulo Campos - President

Daily leader (name, e-mail, and tel.):
Paulo Portinho – portinho@ini.org.br – 55.21.2508-6558

Number of employees (full/part time):
Full time onlu – 6

Annual turnover/revenue (Dollars/Euro):
US$ 600,000

Number of fee-paying members (number of individuals, clubs, and corporate members):
8,000 individuals

Other sources of financing than member fees (commercial activities, sponsors, etc.):
Fees from Corporative Founders and Associates, Shareholders meetings, Congresses, Investors education fairs, banners in our website, paid researches, webmarketing.

Equity capital (Dollars/Euro):
US$ 200,000

Products/services (publications, software, events, etc.):

Books
“Como Constituir e Administrar um Clube de Investimentos Rentável (“Starting and Running a Profitable Investment Club) – Guia Oficial do INI”, translated from NAIC Official Guide.
“Como Constituir e Administrar um Clube de Investimentos Rentável – Manual Técnico” - (“Starting and Running a Profitable Investment Club – Technical Manual”)

On-line services
Stock Selection Guide based software
Financial information sheet about most traded companies
Discounts in courses and publications promoted by INI
Chat and foruns
Experts orientation on-line

Other
INI also takes part in events related to the financial market, like speeches, expositions, conferences, and also promotes courses to explain to non-experienced investors how to invest their money in the stock market and how to select firms to invest in.

Memberships (of your association):

Membership annual fee (US$/Euro)
Individual investors´ membership: US$ 90.00
Investment clubs´ membership: zero
Investment club members´s membership: US$ 70.00
Corporate membership annual fee (US$/Euro)
Founders: US$ 4,800
Associates: US$ 6,000

National stock market (number of listed companies, total capitalization in dollars/euro):
476 companies, US$ 1.5 trillion market cap

National stock exchange (homepage address):
www.bmfbovespa.com.br

Recent developments:
Recently, INI has started to sell books related to the financial market and successful investors. It also has signed a partnership with firms that work for the Brazilian market, like consultancies and software developers. INI has presented speeches at universities all over the country, about the Institute itself and its method to invest in stocks. For the members who renew their association, the Institute gives (as a gift) two books, one related to the rights of the investors and another containing data about the companies of the country. INI is going to advertise in Bloomberg Television, a TV channel that focus in financial subjects.

Private investors (Total number of investors in your country):
600,000

Investor profile:
Traders mostly.