13D Filing: Point State Capital and Brasil Telecom S A (BTM)

CUSIP No.  670851500

Page 5 of 6

(a)

The Common Shares reported herein are held through ownership by the Funds of an aggregate of 25,624,831 Common Shares, constituting approximately 4.9% of the Common Shares (based upon 519,748,525 Common Shares outstanding as of December 31, 2016, as reflected in the Form 6-K/A filed by the Issuer on April 5, 2017, which includes 3,628,980 American Depositary Shares (each of which represents 5 Common Shares)).

(b)

Shared voting and dispositive powers of the Reporting Persons:

(c)

(d)

No person other than the Reporting Persons has the right to receive or the power to direct the receipt of dividends from, or the proceeds of the sale, of the securities being reported herein.

(e)

Not applicable.