Board Meeting - Minute


Atualizado em 2007-02-28T19:49:55
All the dates of this page are presented in official timezone of Brasilia - Brazil.

File Text

NATURA COSMÉTICOS S.A.

|CNPJ/MF No.    |Publicly-h|NIRE        |
|71.673.990/0001|eld       |35.300.143.1|
|-77            |Company   |83          |

    Capital Subscribed to and Paid-in: R$
   233,862,055.13 - 428,193,460 Registered
         Shares of Common Stock [ON]
   Authorized Capital: up to 14,117,070 ON
                    shares

  MINUTES OF THE BOARD OF DIRECTORS MEETING
          HELD ON FEBRUARY 28, 2007

      On February 28, 2007,  at  11:00  a.m.,
at the Company's Headquarters located in  the
City of Itapecerica da Serra,  State  of  São
Paulo, at Rodovia  Régis  Bittencourt,  s/no,
Km 293, Edifício I, the  Board  of  Directors
of NATURA COSMÉTICOS  S.A.  held  a  meeting,
with attendance of all  of  its  members  and
under  the  chairmanship  of  Mr.   Guilherme
Peirão Leal, for the purpose of, pursuant  to
the  provisions  of  article  28,   paragraph
third, of the  Company's  Bylaws,  examining,
discussing and voting the Board of  Directors
proposal  for  distribution   of   dividends,
referring to  months  of  July  to  December,
2006, to be allocated as the  legal  dividend
for the fiscal year  ended  on  December  31,
2006.

      After the subject being  analyzed,  the
directors approved,  by  unanimous  vote  and
without any reservations, to be  ratified  by
the Annual Shareholders Meeting  designed  to
discuss the financial statements  related  to
the fiscal year ended on December  31,  2006,
to be held on April 2, 2007 that:

       1.     On  April  4,  2007,  dividends
referring to  months  of  July  to  December,
2006, shall be paid to  shareholders  in  the
aggregate amount  of  two  hundred,  thirteen
million,    seven    hundred,     fifty-seven
Atualizado em 2007-02-28T19:49:55
All the dates of this page are presented in official timezone of Brasilia - Brazil.