OTHERS SEE TOMBSTONES. WE SEE MILESTONES... Acquirers Assets acquired ELEKTRO A consortium led by Iberdrola acquired seven distribution utilities from US$ 3,800 MN Financial Co-Advisor to the Acquirers January 2011 Merger of shares of Vivo Participações into Telesp Sale of Unilever’s tomato business in Brazil to R$ 600 MN Financial Advisor of Telesp March 2011 Financial Advisor to the Seller March 2011 ...WE SEE WHAT OTHERS DON´T. Being a leader is not a privilege, it’s a responsibility towards all our clients who only expect us to give them the best.http://www.santander.com http://www.santander.com