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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 OF INTEREST ON OWN CAPITAL

We hereby inform shareholders of Brasil Telecom Participações S.A. (“Company”) that the Company’s Senior Management resolved, following a delegation from the Board of Directors specified at a meeting held on December 14^th, 2007, the appropriation of Interest on Own Capital in the amount of R$148,700,000.00 (one hundred and forty eight million and seven hundred thousand reais), which corresponds to a gross amount of R$0.410220009 per share or an amount net of income tax of R$0.348687008 per share, common and preferred, pursuant to Article 9 of Law 9,249 of December 26th, 1995 and to Brazilian Securities and Exchange Commission’s (Comissão de Valores Mobiliários) Deliberation 207/96.

I – Income Tax Withheld: Income tax at a rate of 15% will be withheld from the amount of Interest on Own Capital, except with respect to those shareholders who demonstrate exemption from tax or eligibility to be taxed at a different rate.

II – Date of the Credit: The credit in the books of Brasil Telecom Participações S.A. of Interest on Shareholders Equity in the total amount of R$148,700,000.00, will be made on December 28^th, 2007.

III – Date of Trading “ex-Interest on Own Capital”: As of December 27^th, 2007, the Company’s shares will trade “Ex-Interest on Own Capital”, with respect to shares held of record on December 26^th, 2007.

IV – Information regarding the Payment of Dividends: The interest on shareholders’ equity shall be charged to dividends with respect to fiscal year 2007 and shall be subject to approval at the Ordinary General Shareholders’ Meeting in 2008. The payment date, when resolved, will be informed through the publication of Notice to Shareholders.

V – Confirmation of Tax Exemption or Different Tax Rate Eligibility: Legal persons who are exempt from the income tax or are eligible to be taxed at a tax rate different than 15%, in compliance with the current law, shall demonstrate such exemption or eligibility to the Custodian Bank – Banco ABN AMRO REAL S.A., Gerenciamento de Acionistas de Terceiros, Av. Brigadeitro Luiz Antônio, 2020/6º Andar – Bela Vista – CEP 01.318 -911 – São Paulo - SP, on or before January 7^th, 2008.

VI – Amount Appropriated in Fiscal Year 2007:

Note:
¹ The Gross amount and the amount net of income tax are expressed in reais per one thousand shares.
² The Gross amount and the amount net of income tax are expressed in reais per share, assuming the share grouping approved at the Extraordinary General Shareholders’ Meeting held on April 27th, 2007.

Brasília, Brazil, December 14^th, 2007.

Paulo Narcélio Simões Amaral
Investor Relations Officer

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 offuture 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.