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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

 
FORM 6-K
 
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE
SECURITIES EXCHANGE ACT OF 1934
 
For the month of November, 2009

Commission File Number 1-15250
 

 

BANCO BRADESCO S.A.
(Exact name of registrant as specified in its charter)
 

BANK BRADESCO
(Translation of Registrant's name into English)
 

Cidade de Deus, s/n, Vila Yara
06029-900 - Osasco - SP
Federative Republic of Brazil
(Address of principal executive office)
 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. 

Form 20-F ___X___ Form 40-F _______

 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____

.


Cidade de Deus, Osasco, SP, November 20th , 2009 

Securities and Exchange Commission
Office of International Corporate Finance
Division of Corporate Finance
Washington, DC

Ref.: Complementary Interest on Own Capital

     The Board of Executive Officers of Banco Bradesco S.A., at a meeting held today, decided to propose to the Board of Directors, which will resolve at a meeting to be held on December 4th, 2009, the payment to the Company’s shareholders of Complementary Interest on Own Capital in the amount of R$1,632,000,000.00, consisting of R$0.499755537 per common share and R$0.549731091 per preferred share.

      The shareholders registered in the Company’s Books on December 4th, 2009 shall be benefited. The Company’s shares will be traded “ex-right” on Complementary Interest from December 7th, 2009 on.

     Upon the approval of this proposal, the payment will be made on March 9th, 2010 in the amount of R$0.424792206 per common share and R$0.467271427 per preferred share, already net of Withholding Income Tax of 15% (fifteen percent), except for corporate shareholders who are exempt from the referred tax and shall receive the declared amount.

     The Complementary Interest to be approved represent approximately 38 times the amount of the Dividends paid monthly.

     The mentioned Interest related to the shares held in custody of BM&FBOVESPA S.A. – Bolsa de Valores, Mercadorias e Futuros (Securities, Commodities and Future Exchange) will be paid to the referred BM&FBOVESPA S.A., which shall transfer them to the shareholders through the Depository Agents.

     Below, the demonstrative table of the values paid and to be paid related to 2009:

In R$ 
Monthly Dividends paid  422,117,900.42 
Intermediary Interest of the 1st half paid  501,268,849.05 
Subtotal – Paid Value  923,386,749.47 
Monthly Dividends to be paid (*) 85,122,732.82 
Complementary Interest (**) 1,632,000,000.00 
Total  2,640,509,482.29 
   
(*) to be paid on December 1st, 2009 and January 4th, 2010  (**) to be paid on March 9th, 2010 


Per share in R$ 
Type  Monthly 
Dividends 
Intermediary Interest 
of the 1st  half 
Complementary 
Interest 
Total 
Common share  0.157429250  0.155520588  0.499755537  0.812705375 
Preferred share  0.173172175  0.171072647  0.549731091  0.893975913 

     The Interest paid will be computed, net of Withholding Income Tax, in the calculation of mandatory Dividends of the fiscal year, as provided in the Company’s Bylaws.

     The Company may, based on the result to be determined at the end of the fiscal year of 2009, distribute new Interest and/or Dividends to the shareholders.

Cordially,

Banco Bradesco S.A.
Domingos Figueiredo de Abreu
Executive Vice President and
Investor Relations Officer


 
SIGNATURES
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: November 20, 2009

 
BANCO BRADESCO S.A.
By:
 
/S/ Domingos Figueiredo de Abreu

    Domingos Figueiredo de Abreu
Executive Vice-President and
Investor Relations Officer



 

 
FORWARD-LOOKING STATEMENTS

This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.