OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of April, 2009
(Commission File No. 1-14862 )
Camacari, Bahia - CEP 42810-000 Brazil
Form 20-F ___X___ Form 40-F ______
in paper as permitted by Regulation S-T Rule 101(b)(1). _____
in paper as permitted by Regulation S-T Rule 101(b)(7). _____
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___
BRASKEM S.A.
C.N.P.J No. 42.150.391/0001 -70 - NIRE 29300006939
MINUTES OF THE 556TH MEETING OF THE BOARD OF DIRECTORS
HELD ON APRIL O1, 2009
On April 01, 2009, at 2:00 p.m., at the Company’s offices located at Avenida das Nações Unidas, 8501, 24th floor, São Paulo/SP, CEP 05425-070, the 556th Meeting of the Board of Directors of BRASKEM S.A. was held with the presence of the undersigned Board Members. The Board Member Álvaro Novis justified his absence, and he was replaced by his alternate, Mr. Paulo Henyan Yue Cesena. The Company’s Chief Executive Officer, Bernardo Gradin, the Officers Mauricio Ferro, Carlos Fadigas, and Roberto Ramos, as well as Mr. Guilherme Furtado and Ms. Marcella Menezes Fagundes, were present at the meeting. The Chairman of the Board of Directors, Mr. Marcelo Odebrecht, presided the meeting, and Ms. Marcella Menezes Fagundes acted as secretary. AGENDA: I) Subjects for Deliberation: After proper analysis of the Proposal for Deliberation (“PD”) and of the related documentation, a copy of which was previously sent to the Board Members as provided for in the Internal Regulations, and a copy of which will remain duly filed at the Company’s headquarters, the following decision was unanimously taken: PD.CA/BAK- 02/2009 –Inclusion of a co-issuer in the Company’s issues – to authorize (i) the amendment to the documents related to the debt instruments issued by the Company, so as to enable the inclusion of co-issuers and guarantors of such instruments, under the terms and conditions set out in such PD, and (ii) the Executive Office to enter into any documents, notices and contracts required for the full implementation of the transactions that are the subject matter of this deliberation; II) Subjects for Acknowledgment: 1) The responsible Officers expounded the matters established in this item of the agenda, namely: a) the Company’s Results – Summary; b) Updating of the International Projects; and c) Updating of the Financial Transactions; III) Subjects of Interest to the Company: Nothing to Register. IV) Adjournment- As there were no further subjects to be discussed, these minutes were drawn up, which, after read, discussed and found to be in order, are signed by all of the Board Members present at the meeting, by the Chairman and by the Secretary of the Meeting. São Paulo/SP, April 01, 2009. [Signatures: Marcelo Bahia Odebrecht – Chairman and Marcella Menezes Fagundes – Secretary; Djalma Rodrigues de Souza – Vice Chairman; Álvaro Fernandes da C. Filho; Antonio Britto Filho; Edmundo José Correia Aires; Francisco Teixeira de Sá; Francisco Pais; José de Freitas Mascarenhas; José Mauro Mettrau C. da Cunha; Newton Sergio de Souza and Paulo Henyan Yue Cesena].
The above matches the original recorded in the proper book.
Marcella Menezes Fagundes
Secretary
Sede-Fábrica: Camaçari/BA - Rua Eteno, 1561, Polo Petroquímico de Camaçari - CEP 42810-000 - Tel.(71) 3413-1000
Escritórios: Salvador/BA - Av. Magalhães Neto, 1856, Ed TK Tower, s. 1101 a 1.103 e 1108, Pituba - CEP 41810-012 - Tel. (71) 3271-2044 - Fax (71) 3342-3698
São Paulo/SP – Av. das Nações Unidas, 8501, 23, 24, e
parte do 25 andares, Alto de Pinheiros, CEP. 05425-070 – Tel. (11) 3576-9999 – Fax (11) 3576-9197
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: April 02, 2009
| BRASKEM S.A. | |||
| By: | /s/ Carlos José Fadigas de Souza Filho | ||
| Name: | Carlos José Fadigas de Souza Filho | ||
| Title: | Chief Financial 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.