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Minerva Announces that Russian Restrictions in Mato Grosso do not Affect the Company’s Exports

Barretos, February 11, 2008 – Minerva S.A. (BOVESPA: BEEF3; Bloomberg: BEEF3.BZ; Reuters: BEEF3.SA), 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 Agriculture, by means of circular letter 146/2008/CGPE/DIPOA, disclosed today that the production and certification of fresh beef obtained from animals in the State of Mato Grosso and destined to Russia were currently suspended due to the occurrence of vesicular stomatitis in that state, as notified by means of DSA Technical Note no. 02/08 on 02/02/2008.

Minerva will not be in any way impacted by this restriction, as the Company does not currently own any industrial plant in the State of Mato Grosso. The Company, one of the pioneers in the Russian market, reaffirms that it is fully capable of meeting the strong Russian demand for fresh beef, which according to ABIEC (Association of Brazilian Beef Exporters) represented 28% of Brazilian exports in 2007.

Investor Relations

Carlos Watanabe
CFO and IR Officer

Ronald S. Aitken
IR Superintendent

Phone: +55 (17) 3321-3412

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