The President of the Deliberative Council informs the members that, in view of a material error in the previously published notice, he hereby rectifies it to state that the deadline for submitting amendments to the proposed draft of the new Statute of Clube de Regatas do Flamengo is 90 (ninety) days, and not 45 (forty-five) days, as was mistakenly stated in the previous notice.

The new term will begin to run from the date of publication of this document.

Rio de Janeiro, March 03, 2008