Board Meeting - Minute


Atualizado em 2007-02-28T19:47:04
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 4:30 p.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  examining,
discussing  and  voting:  (i)   pursuant   to
article 6, paragraph  one  of  the  Company's
Bylaws,  the   private   issuance,   by   the
Company,  of  common   shares,   within   the
authorized  capital  limit,   in   order   to
satisfy the exercise of  options  granted  to
its officers and employees,  as  well  as  to
the officers and employees of  the  companies
either directly or indirectly  controlled  by
the   Company,   and   (ii)    pursuant    to
Instruction no. 10, issued by  the  Brazilian
Securities   and   Exchange   Commission   on
February    14,    1980,    and    subsequent
amendments, of  article  30,  paragraph  one,
item "b" of Law no.  6,404,  as  of  December
15,  1976,  and  subsequent  amendments   and
article  20,  item  XVI  of   the   Company's
Bylaws, the purchase  of  non-par  registered
common  shares,  representing  the  Company's
capital  stock  to  remain  in  treasury  and
Atualizado em 2007-02-28T19:47:04
All the dates of this page are presented in official timezone of Brasilia - Brazil.