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____
Osasco, São Paulo, Brazil, October 27th, 2005
Securities and Exchange Commission
Office of International Corporate Finance
Division of Corporate Finance
Washington, DC
Ref.: Monthly Interest On Own Capital
Banco Bradesco S.A., in conformity with the System for Monthly Payment to Shareholders, will pay on November 1st, 2005 Interest on Own Capital related to the month of October/2005, in the amount of R$0.057000 per common stock and R$0.062700 per preferred stock to the stockholders registered in the Company’s records on October 3rd, 2005.
The payment, net of the Withholding Income Tax of 15% (fifteen percent), except for legal entity stockholders exempted from the referred taxation, that they will receive for the stated amount, will be made through the net amount of R$0.048450 per common stock and R$0.053295 per preferred stock, as follows:
| • | Credit in the current account informed by the stockholder to Banco Bradesco S.A., the Depository Financial Institution of the Stocks. |
| • | The stockholders who did not inform their banking data or do not hold a current account in a Financial Institution must go to a Bradesco Branch on their preference having the “Notice For Receipt of Earnings from Book-Entry Stocks”, sent by mail to those having their address updated in the Company’s records, and having the following documents: |
| - | Individuals: Identity Card and Individual Taxpayer’s Register (CPF); |
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| - | Legal Entities: Corporate Taxpayer’s ID (CNPJ), consolidated and updated Articles of Incorporation or the Bylaws. The Bylaws must be updated with the minutes of the meeting that elected the current board of executive officers. The partners/managers or officers empowered to represent the company must present their Identity Card and CPF. |
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Note: When represented by mandate, the presentation of the respective power of attorney and the Identity Card and CPF of the mandatary will be necessary. |
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| • | For holders of stocks held on custody with the CBLC - Brazilian Clearing and Depository Corporation, the payment will be made to CBLC, which will transfer them to the respective stockholders through the Depository Agents. |
| Sincerely, | |
| Banco Bradesco S.A. | |
| José Luiz Acar Pedro | |
| Executive Vice President and | |
| Investor Relations Officer |
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BANCO BRADESCO S.A. |
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By: |
/S/ José Luiz Acar Pedro
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José Luiz Acar Pedro
Executive Vice President and Investor Relations Officer |
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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.