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Minerva Obtains Licenses for 3 Units for Exports to Russia

Barretos, August 10, 2007 – Minerva S.A. (“Minerva”) (BOVESPA: BEEF3), one of the leaders in Brazil in the production and sale of fresh beef, processed beef and beef byproducts, hereby informs, pursuant to Circular Letter 579 dated August 8, 2007 issued by Brazil’s Ministry of Agriculture, Ranching and Supply, that the Federal Veterinary and Phytosanitary Supervision Service of Russia lifted, as of August 3, the temporary restrictions on the exporting of meat products to the country.

The lifting of the restrictions applies to three units of Minerva located in the cities of Barretos, São Paulo state, Palmeiras de Goiás, Goiás state and José Bonifácio, São Paulo.

About Minerva

Minerva is one of the market leaders in Brazil in the production and sale of fresh beef, processed beef and beef byproducts, with daily slaughtering capacity of 5,000 head of cattle and daily processing capacity of 1,200 tons, or approximately 7,500 head of cattle. In 2006, the Company was among the three largest Brazilian exporters of beef, processed beef and beef byproducts based on gross export sales revenue, with export sales of R$ 1 billion and the sale to approximately 600 customers in approximately 80 countries. In addition to beef products, Minerva also exports wet blue hides and live cattle.

Investors Relations

Carlos Watanabe
CFO and IR Officer Diretor
Phone.: +55 (17) 3321-3355

This release contains forward-looking statements relating to the prospects of the business, estimates for operating and financial results, and those related to growth prospects of MINERVA. These are merely projections and, as such, are based exclusively on the expectations of MINERVA’s management concerning the future of the business and its continued access to capital to fund the Company’s business plan. Such forward-looking statements depend, substantially, on changes in market conditions, government regulations, competitive pressures, the performance of the Brazilian economy and the industry, among other factors and risks disclosed in MINERVA’s filed disclosure documents and are, therefore, subject to change without prior notice.