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Minerva Ends 2007 as Third-Largest Brazilian Beef Exporter

Barretos, February 1st, 2008 – Minerva S.A. (BOVESPA: BEEF3), one of the market leaders in Brazil in the production and sale of fresh beef, processed beef and beef byproducts, announces to the market that the Brazilian Ministry of Agrarian Development, through the Secretary of Foreign Trade (Secex), released today data on 2007 exports in which Minerva ranks third among Brazilian meatpackers and 50th among all Brazilian exporters, moving up three places in the comparative rankings from last year.

Minerva consolidated its position in 2007 with a 25% increase in exports, outpacing the 16% average growth among Brazilian exporters, and accounting for 8.1% of all industry exports. Minerva achieved this result by pioneering and consolidating new export markets, such as Russia, the Middle East and North Africa. The Company overcame the adverse foreign exchange conditions and the aggressive acquisitions policy of its major competitors.

Minerva boasts a solid and diversified customer base, with some 600 clients in nearly 80 countries that buy not only fresh and processed beef, but also wet-blue hides and live cattle.

Investor Relations

Carlos Watanabe
CFO and IR Officer

Ronald S. Aitken
IR Superintendent

Phone: +55 (17) 3321-3412

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