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.  

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Publicly-held Company

Corporate Taxpayer’s ID (CNPJ) #60.746.948/0001-12

Notice to the Market

Banco Bradesco S.A. (“Bradesco”) announces to its shareholders, customers, employees and to the market in general the formation of “BSP – Empreendimentos Imobiliários S.A.” (“BSP”), with the purpose of consolidating the Bradesco Organization’s real estate management.

BSP has started out as one of the largest companies in this segment in Brazil, with a portfolio of 840 properties and an estimated market value of approximately R$3.8 billion, with the objective to:

·          strengthen and complement the Bradesco Organization’s own real-estate management, resulting in efficiency gains and structure optimization;

·          optimize the use of real-estate resources belonging to the Organization, with the objective of reducing operating costs;  

·          identify opportunities to take better advantage of Company owned real estate and assets from eventual acquisitions, which have great potential of appreciation, through the development of individual or partnership real-estate projects.

Whilst developing its objectives, BSP will operate at the Company's headquarters in the city of São Paulo, under a specialized structure for the management of real-estate resources. 

Cidade de Deus, Osasco, São Paulo, October 31^st, 2011

Banco Bradesco S.A.

Domingos Figueiredo de Abreu

Executive Vice-President and

Investor Relations Officer