SABESP Announces ARSESP'S Approval on the Continuity of the Bonus and Contingency Tariff

SAO PAULO, Dec. 23, 2015 /PRNewswire/ -- Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP (BM&FBovespa: SBSP3; NYSE: SBS), pursuant to CVM Instruction 358 of January 3, 2002, and amendments thereto, hereby informs its shareholders and the market in general that the on December 23, 2015 ARSESP has published the following resolutions:

Resolution 614, which addresses the extension of the term of ARSESP Resolution nº 545 and the criteria, rules and conditions established therein for Sabesp to charge the Contingency Tariff, in order to reduce water consumption due to the serious water shortage.

Resolution 615, authorizes the extension of the term of SABESP Water Consumption Reduction Incentive Program and the update of the reference consumption to be used for obtaining the bonus.

The complete version of the Material Fact is available at the Company's website www.sabesp.com.br

IR Contacts:

Mario Arruda Sampaio: (55 11) 3388-8664 ([e-mail])
Angela Beatriz Airoldi: (55 11) 3388-8793 ([e-mail])

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SOURCE SABESP

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