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BM&FBOVESPA S.A. BOLSA DE VALORES, MERCADORIAS E FUTUROS The Brazilian Stock, Commodities and Futures Exchange

Brazilian Federal Taxpayer CNPJ No.09.346.601/0001-25 State Registration NIRE No.35.300.351.452

MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS HELD ON NOVEMBER 9, 2010 1. Date, Time and Place: On November 9, 2010, at 1:00 p.m., at the registered office of the Company, located in the City of So Paulo, State of So Paulo, at Praa Antonio Prado, 48, 7th floor, Downtown. 2. Attendance: Messrs. Arminio Fraga Neto Chairman; Candido Botelho Bracher, Claudio Luiz da Silva Haddad, Fabio de Oliveira Barbosa, Jos Roberto Mendona de Barros, Julio de Siqueira Carvalho de Arajo, Luis Stuhlberger, Marcelo Fernandez Trindade, Renato Diniz Junqueira and Ren Marc Kern Directors. Justified absence of Director Craig Steven Donohue. 3. Presiding Officers: Mr. Arminio Fraga Neto Chairman; Mr. Henrique de Rezende Vergara - Secretary. 4. Resolutions taken by unanimous vote and without qualification, based on supporting documents filed in the registered office, following a decision authorizing summary minutes: 4.1. . Based on article 55 of the Bylaws, the directors approved distribution and payment to shareholders of dividends from net income for the third quarter 2010 in the aggregate amount of two hundred and thirty-five million, eight hundred and seventy-five thousand Brazilian reais (BRL235,875,000.00), or BRL0.1189284207 per share. Given that the amount of dividend per share is estimated, it may change due to reissue of treasury stock implemented for fulfillment of stock options exercised within the scope of the Stock Option Program adopted by the Company, and by any share repurchases carried out within the scope of the Share Buyback Plan adopted by the Company. 4.1.1. Dividends now being distributed will be paid to shareholders on November 25, 2010, based on the ownership structure as of November 11, 2010. 4.1.2. As a result, BM&FBOVESPA shares will trade cum dividend up to and including November 11, 2010. Starting from November 12, 2010, the shares will trade ex-dividend. 5. Closing: There being no further business to transact, these minutes were drawn up, and subsequently read, found to conform, approved and signed by all directors in attendance. So Paulo, November 9, 2010. (sgd.) Arminio Fraga Neto Chairman of the Board; Directors: Candido Botelho Bracher, Claudio Luiz da Silva Haddad, Fabio de Oliveira Barbosa, Jos Roberto Mendona de Barros, Julio de Siqueira Carvalho de Arajo, Luis Stuhlberger, Marcelo Fernandez Trindade, Renato Diniz Junqueira and Ren Marc Kern. This is a true copy of the original drawn up in the proper register. (sgd.) Arminio Fraga Neto Chairman of the Board