The Board of Directors of Sondotécnica Engenharia de Solos S.A. (BOVESPA:SOND5) authorized a share repurchase program on June 11, 2013. Under the program, Sondotécnica Engenharia will repurchase up to 3,497 shares, representing 10% of the outstanding common shares, 18,460 Class A Preferred Shares and 14,414 Class B preferred shares. The shares repurchased will be held in treasury, for cancellation or subsequent disposal without reduction of capital.

Repurchases will be funded from revenue accounts, profit reserves and capital reserves. The objective of repurchase is to maximize shareholder value. Execution of repurchase is at the discretion of the Board, which will determine the timing of operations and quantities to be negotiated, subject to legal and regulatory limitations.

The share repurchase program will commence on June 12, 2013 and expire on June 12, 2014. As of June 11, 2013, the company has 363,724 ordinary shares under circulation. As of June 11, 2013, the company has 34,976 are Ordinary shares, 184,602 Class A Preferred shares and 144,146 Class B Preferred outstanding.

Elite Corretora de Cambio e Valores Mobiliarios Ltda acted as broker for Sondotécnica Engenharia.