PUBLICLY?HELD COMPANY
CNPJ/MF nº 02.558.157/0001?62 - NIRE 35.3.0015881?4

Telefônica Brasil S.A. ("Telefônica Brasil" or "Company"), in accordance with article 31 of CVM Instruction no. 308/99, as amended, which determines the rotation of independent auditors every five years, hereby informs to its shareholders and the market in general that, on the meeting held on November 7, 2011, the Company's Board of Directors approved the hiring of Directa Independent Auditors ("Directa"). Directa will begin its activities from the review of quarterly information of the first quarter of 2012.
However, Ernst & Young Terco continues as auditor of Telefônica Brasil S.A. in relation to the financial statements prepared in accordance with the international accounting standards (IFRS) for purposes of filling the 20?F in the Securities and Exchange Commission (SEC).
Additionally, Ernst & Young Terco continues as auditor of the Telefônica Brasil S.A. subsidiaries (all privately held), for which there is no requirement of auditors' rotation, namely: Vivo S.A., A Telecom S.A., Telefónica Data S.A., Telefónica Sistema de Televisão S.A., Ajato Telecomunicação Ltda., and its affiliates: Comercial Cabo TV São Paulo S.A., TVA Sul Paraná S.A., GTR?T Participações e Empreendimentos S.A. and Lemontree Participações S.A.
São Paulo, November 22, 2011. Gilmar Roberto Pereira Camurra
Investor Relations Officer Telefônica Brasil S.A. Investor Relations
Tel: +55 11 7420?1172
Email: ri.telefonicabr@telefonica.com.br
Available information: www.telefonica.com.br/investidores