Tecnisa and Caixa Economica Federal Sign R$ 1.5 Billion Financing Agreement

SAO PAULO, Brazil, March 6  /PRNewswire-FirstCall/ -- Tecnisa S.A. (Bovespa: TCSA3) -- Tecnisa S.A. ("Tecnisa"), one of the largest and most renowned real estate companies in Brazil, in line with its philosophy of transparency and high standards of corporate governance, hereby informs the market that it has entered into a partnership with Caixa Economica Federal to provide working capital loans and mortgage loans for buyers of residential properties, with total sales of around R$ 1.5 billion.

This financing option will cover all the income segments for projects launched by Tecnisa in any state in Brazil.

With this agreement, Tecnisa has signed loan agreements totaling R$ 2.7 billion in 2008, which will substantially boost its growth capacity.

In keeping with its policy of transparency, Tecnisa will always keep the market informed of further developments.

About Tecnisa S.A.:

With 30 years in the industry, Tecnisa S.A. is one of the largest and most traditional real estate companies in Brazil and among the five largest in the city of Sao Paulo. It is active in every segment of the business, from development through construction to sales, and its many distinguishing features include strong reputation, focus on exemplary client service and product quality, online sales and consistent profitability. Tecnisa is listed on the Bovespa's Novo Mercado segment under the ticker "TCSA3." 

DATASOURCE: Tecnisa S.A.



CONTACT:  Investor Relations, [phone],    



Web site:  http://www.tecnisa.com.br/ir 

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