SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
CYRTE INVESTMENTS BV

(Last) (First) (Middle)
FLEVOLAAN 41A
411 KC NAARDEN P.O. BOX 5081

(Street)
NAARDEN P7 1401 AB

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TERREMARK WORLDWIDE INC. [ TMRK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
04/05/2011
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.001 per share 04/05/2011 S 10,074,845 D $19 0 I See footnotes(1)(2)(3)(4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
CYRTE INVESTMENTS BV

(Last) (First) (Middle)
FLEVOLAAN 41A
411 KC NAARDEN P.O. BOX 5081

(Street)
NAARDEN P7 1401 AB

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
AVIVA PLC

(Last) (First) (Middle)
ST HELENS
1 UNDERSHAFT

(Street)
LONDON X0 EC3P 3DQ

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Aviva Group Holdings LTD

(Last) (First) (Middle)
ST. HELEN'S
1 UNDERSHAFT

(Street)
LONDON X0 EC3P 3DQ

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Aviva International Insurance LTD

(Last) (First) (Middle)
ST. HELEN'S
1 UNDERSHAFT

(Street)
LONDON X0 EC3P 3DQ

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Aviva Insurance LTD

(Last) (First) (Middle)
PITHEAVLIS

(Street)
PERTH X0 PH2 0NH

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Aviva International Holdings LTD

(Last) (First) (Middle)
ST. HELEN'S
1 UNDERSHAFT

(Street)
LONDON X0 EC3P 3DQ

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
CGU International Holdings B.V.

(Last) (First) (Middle)
ST. HELEN'S
1 UNDERSHAFT

(Street)
LONDON X0 EC3P 3DQ

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
DELTA LLOYD NV

(Last) (First) (Middle)
AMSTELPLEIN 6

(Street)
AMSTERDAM P7 1096 BC

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
CYRTE INVESTMENTS GP I BV

(Last) (First) (Middle)
FLEVOLAAN 41A
411 KC NAARDEN P.O. BOX 5081

(Street)
NAARDEN P7 1401 AB

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
CF I INVEST CV

(Last) (First) (Middle)
FLEVOLAAN 41A
411 KC NAARDEN P.O. BOX 5081

(Street)
NAARDEN P7 1401 AB

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. Cyrte Investments GP I B.V. directly owned 10.074.845 shares of the common stock, par value $0.001 per share, of Terremark Worldwide, Inc. (the "Shares"). None of Aviva plc. Aviva Group Holdings Limited, Aviva International Insurance Limited, Aviva Insurance Limited, Aviva International Holdings Limited and CGU Holdings International B.V. (together, the "Aviva Reporting Persons"), Delta Lloyd N.V., Cyrte Investments B.V. or CF I Invest C.V. directly owned any Shares.
2. However, each Aviva Reporting Person and each of Delta Lloyd N.V., Cyrte Investments B.V. and CF I Invest C.V. may be deemed to have been a beneficial owner, as well as have shared the power to vote and dispose, of such Shares directly owned by Cyrte Investments GP I B.V. by virtue of the following:
3. Aviva plc owns all of the outstanding share capital of Aviva Group Holdings Limited. Aviva Group Holdings Limited owns all of the outstanding share capital of Aviva International Insurance Limited. Aviva International Insurance Limited owns all of the outstanding share capital of Aviva Insurance Limited. Aviva Insurance Limited owns all of the outstanding share capital of Aviva International Holdings Limited. Aviva International Holdings Limited owns all of the outstanding share capital of CGU International Holdings B.V. CGU International Holdings B.V. owns 53.9% of the outstanding share capital of Delta Lloyd N.V. Delta Lloyd N.V. owns 85% of the share capital of Cyrte Investments B.V. Cyrte Investments B.V. is the manager of the investment portfolio held by CF I Invest C.V. and owner of all of the outstanding capital stock of Cyrte Investments GP I B.V. Cyrte Investments GP I B.V. is the general partner of CF I Invest C.V.
4. Each Aviva Reporting Person and each of Delta Lloyd N.V., Cyrte Investments B.V. and CF I Invest C.V. disclaims beneficial ownership of such Shares except to the extent of its pecuniary interest therein.
Anneke Westbroek, power of attorney for Cyrte Investments B.V. 04/07/2011
Neil Harrison, power of attorney for Aviva plc 04/07/2011
Neil Harrison, power of attorney for Aviva Group Holdings Limited 04/07/2011
Neil Harrison, power of attorney for Aviva International Insurance Limited 04/07/2011
Neil Harrison, power of attorney for Aviva Insurance Limited 04/07/2011
Neil Harrison, power of attorney for Aviva International Holdings Limited 04/07/2011
Neil Harrison, power of attorney for CGU International Holdings B.V. 04/07/2011
H. P. Laoh, power of attorney for Delta Lloyd N.V. 04/07/2011
Anneke Westbroek, power of attorney for Cyrte Investments GP I B.V. 04/07/2011
Anneke Westbroek, power of attorney for CF I Invest C.V. 04/07/2011
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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