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Official Note - Ticket price reduction

Flamengo advocates a policy of fair and affordable prices.

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The Flamengo Regatta Club hereby clarifies:

1- According to article 70 of the General Competition Regulations of the Rio de Janeiro Football Federation - FERJ, ticket prices are established jointly by all clubs participating in the Championship (Arbitration Council);

2- Article 74 of the same Regulation states that price reductions can only be made with the approval of FERJ and if there is common agreement between the clubs;

3- We believe that ticket prices were set due to the high cost of operating stadiums and the impossibility of exploiting several properties, in addition to free and "half-price" tickets, which represent more than 70% of the total tickets sold;

Flamengo advocates a policy of fair and affordable prices.

We agree with the prices suggested by Fluminense, which are R$30 for the white stands, R$20 for the green and yellow stands and R$10 for the blue seat, for all games at Maracanã, except semi-finals, finals and classics.

Therefore, in accordance with current legislation, we publicly request that FERJ take the necessary measures to adopt such prices.

The Flamengo fans, Cultural Heritage of the City of Rio de Janeiro, thank you.

Rio de Janeiro, January 29, 2008

Marcio Baroukel de Souza Braga

President

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