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Flamengo presents a surplus of R$ 13,6 million from January to July 2008.

Flamengo had revenues of R$68,9 million reais and expenses of R$55,3 million reais between January and July 2008.

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This number confirms the responsible management that has been implemented over the last 5 years and in which the Club seeks to respect and achieve its budgetary goals, which can be observed and evidenced through the positive primary surplus that Flamengo has been recording since 2004.\ Rio de Janeiro, August 23, 2008\

Marcio Baroukel de Souza Braga\ President\ \

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