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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	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 GP I 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) 05/16/2007
	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	05/16/2007	05/16/2007	P		25,000	A	$181,868	9,371,178	I	See footnotes(1)(2)(3)

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 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* Stichting Administratiekantoor Talpa Beheer (Last) (First) (Middle) A. COLIJNWEG 2 (Street) AMSTELVEEN P7 1182 AL (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* Talpa Beheer BV (Last) (First) (Middle) A. COLIJNWEG 2 (Street) AMSTELVEEN P7 1182 AL (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* TALPA CAPITAL HOLDING 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* 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* CYRTE FUND I 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)

1. Name and Address of Reporting Person* Johannes Hendrikus Hubert de Mol (Last) (First) (Middle) A. COLIJNWEG 2 (Street) AMSTELVEEN P7 1182 AL (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 BV directly owns 9,371,178 shares of the common stock, par value $0.001 per share, of Terremark Worldwide, Inc. (the "Shares"). None of Stichting Administratiekantoor Talpa Beheer, Talpa Beheer BV, Talpa Capital Holding BV, Cyrte Investments BV, Cyrte Fund I CV and Johannes Hendrikus Hubert de Mol directly own any Shares.

2. However, each of Stichting Administratiekantoor Talpa Beheer, Talpa Beheer BV, Talpa Capital Holding BV, Cyrte Investments BV, Cyrte Fund I CV and Mr. de Mol may be deemed to indirectly beneficially own the Shares directly owned by Cyrte Investments GP I BV by virtue of the fact that: Stichting Administratiekantoor Talpa Beheer owns all of the outstanding capital stock of Talpa Beheer BV; Mr. de Mol is the sole director (bestuurder) of Talpa Beheer BV, an entity which has a 55% ownership interest in Talpa Capital Holding BV and is a limited partner of Cyrte Fund I CV; Talpa Capital Holding BV has a 75% ownership interest in Cyrte Investments BV; Cyrte Investments BV is the manager of the investment portfolio held by Cyrte Fund I CV, and is the director (bestuurder) of and owns all of the outstanding capital stock of Cyrte Investments GP I BV; and Cyrte Investments GP I BV is the general partner of Cyrte Fund I CV.

3. Each of Stichting Administratiekantoor Talpa Beheer, Talpa Beheer BV, Talpa Capital Holding BV, Cyrte Investments BV, Cyrte Fund I CV and Mr. de Mol disclaims beneficial ownership of such Shares except to the extent of their pecuniary interest therein.

	Gaylord Macnack, Power of Attorney for Cyrte Investments GP I BV	05/18/2007
	Gaylord Macnack, Power of Attorney for Stichting Administratiekantoor Talpa Beheer	05/18/2007
	Gaylord Macnack, Power of Attorney for Talpa Beheer BV	05/18/2007
	Gaylord Macnack, Power of Attorney for Talpa Capital Holding BV	05/18/2007
	Gaylord Macnack, Power of Attorney for Cyrte Investments BV	05/18/2007
	Cyrte Fund I CV by Cyrte Investments GP I BV, its General Partner, by Gaylord Macnack, Power of Attorney for Cyrte Investments GP I BV	05/18/2007
	Gaylord Macnack, Power of Attorney for Johannes Hendrikus Hubert de Mol	05/18/2007
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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