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Minerva Ends First Half As One Of Brazil‘s 40 Largest Exporters

MINERVA ENDS FIRST HALF AS ONE OF BRAZILíS 40 LARGEST EXPORTERS AND REMAINS ITS 3RD LARGEST MEAT EXPORTER

Barretos, August 5, 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 beef products, leather and live cattle exports, informs the market that the information recently disclosed by the Foreign Trade Department (SECEX) on exports in the first six months of 2008 ranks Minerva among the 40 largest exporters in Brazil.

The Company closed the first half of year as the third-largest meat exporter and 40th largest exporter in Brazil, rising ten positions in the general ranking from full-year 2007 numbers. Minervaís total exports reached US$346.8 million in the six-month period ended June 30, 2008, an increase of 43.3% year on year, exceeding average industry growth in the period. Meanwhile, Brazilís largest meat exporter registered growth of 20.8%.

These results and Minervaís strong growth occurred during an unfavorable period for the industry and demonstrate the efficiency of its commercial strategy of consolidating new export markets as well as its solid position in growing and profitable markets such as Russia and the Middle East.

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Phone : +55 (11) 3074-2444
E-mail: ri@minerva.com.br

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