Abstract
We study rare exclusive B decays based on the quark-level transition bs(d)l+l, where l=e or μ, in the context of supersymmetric theories with minimal flavor violation. We present analytic expressions for various mixing matrices in the presence of new CP-violating phases, and examine their impact on observables involving B and B¯ decays. An estimate is obtained for CP-violating asymmetries in B¯K(*)l+l and B¯ρ(π)l+l decays for the dilepton invariant mass region 1.2GeV<Ml+l<MJ/ψ. As a typical result, we find a CP-violating partial width asymmetry of about 6% (5%) in the case of Bπ (Bρ) in effective supersymmetry with phases of O(1), taking into account the measurement of the inclusive bsγ branching fraction. On the other hand, CP asymmetries of less than 1% are predicted in the case of BK(*). We argue that it is not sufficient to have additional CP phases of O(1) to observe large CP-violating effects in exclusive bs(d)l+l decays.