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Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under
the Securities Exchange Act of 1934.

Yes ______ No ___X___

 

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	Investor Relations
	(55 61) 3415-1140
	ri@brasiltelecom.com.br
	Media Relations
	(55 61) 3415-1378
	cesarb@brasiltelecom.com.br

Free Translation

BRASIL TELECOM PARTICIPAÇÕES S.A.
Publicly Traded Company
Corporate Taxpayer Registration CNPJ/MF 02.570.688/0001-70
Board of Trade 53 3 0000581 8

MATERIAL FACT

CREDIT AND PAYMENT OF INTEREST ON OWN CAPITAL

We hereby inform Brasil Telecom ParticipaÇões S.A.’s (“Company”) shareholders that the Company’s Executive Management deliberated, following a delegation from the Board of Directors specified on a meeting held on June 28, 2006, the credit of Interest on Own Capital in the amount of R$185,300,000.00 (one hundred and eighty five million and three hundred thousand reais), which corresponds to a gross amount of R$0.511188752 per one thousand shares or an amount net of income tax of R$0.434510439 per one thousand shares, common and preferred, pursuant to Article 9 of Law 9,249 of December 26th, 1995 and to Comissão de Valores Mobiliários’ (Brazilian Securities and Exchange Commission) Deliberation 207/96.

I – Income Tax Withheld: Income tax of 15% will be withheld from the amount of credit of Interest on Own Capital, except for the shareholders proven to have fiscal exemption or with differentiated taxation who prove such condition.
II – Date of the Credit: June 30th, 2006.
III – Date of Trading “ex-Interest on Own Capital”: As of July 11th, 2006, the Company’s shares will trade “Ex-Interest on Own Capital”, considering the shares deposited on July 10th, 2006.
IV – Information regarding the Dividends’ Payment and Accusation: The interest on shareholders’ equity shall be accused to the dividends related to the fiscal year of 2006 and shall be subject to the approval of the Ordinary General Shareholders’ Meeting of 2007. The payment date, when resolved, will be informed through the publication of Notice to Shareholders.
V – Confirmation of Fiscal Exemption or Differentiated Taxation: Legal persons that are exempted from the income tax or with differentiated taxation, in compliance with the current law, shall prove such condition to the Custodian Bank – Banco ABN AMRO REAL S.A., Gerenciamento de Acionistas de Teceiros, Av. Brigadeitro Luiz Antônio, 2020/6º Andar – Bela Vista – CEP 01.318-911 – São Paulo - SP, until July 21st, 2006.

Brazil, Brasília, June 28th, 2006.

Charles Laganá Putz
Investor Relations Officer

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