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Barretos, March 14, 2008– Minerva (BOVESPA: BEEF3; Bloomberg: BEEF3.BZ; Reuters: BEEF3.SA), one of the market leaders in Brazil in the production and sale of beef products, leather and live cattle, announces its results for the fourth quarter of 2007 (4Q07) and fiscal year 2007. Except where stated otherwise, the financial and operating information in this release are presented in BR GAAP and Brazilian real (R$), and comparisons are in relation to the same periods of 2006.

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