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Barretos, São Paulo, February 03, 2010 – Minerva S.A. (“Company”), one of the leading producers and sellers in Brazil of beef, leather and live cattle exports, announces to shareholders and the market that Article 1 of Federal Law 8,540/94, which introduced the charging of contributions to the Rural Worker Support Fund (Funrural) on the sale of agricultural products, was ruled unconstitutional by the Federal Supreme Court (STF). The STF’s decision will have no cash or balance-sheet impact on the Company’s past or future results and eliminates a potential liability that had been classified as “remote” by our legal counsel.

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