Board Meeting - Minute



Minutes of the Board of Directors' Meeting - Distribution of interest on own capital
Atualizado em 2007-07-25T17:54:06
All the dates of this page are presented in official timezone of Brasilia - Brazil.

File Text

NATURA COSMÉTICOS S.A.

        CNPJ/MF No. 71.673.990/0001-77
       Publicly-held Company       NIRE
                35.300.143.183
    Capital Subscribed to and Paid-in: R$
   390,579,041.73 - 428,916,966 Registered
         Shares of Common Stock [ON]
   Authorized Capital: up to 13.116.665 ON
                    shares

  MINUTES OF THE BOARD OF DIRECTORS MEETING

            HELD ON JULY 25, 2007

      On July 25, 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 the  majority  of  its  members
and under the chairmanship of Mr. Pedro  Luiz
Barreiros  Passos,  for   the   purpose   of,
pursuant to the  provisions  of  article  28,
paragraph fifth,  of  the  Company.s  Bylaws,
examining,   discussing   and   voting    the
Executive Committee proposal for  credit  and
payment   of   interest   on   own   capital,
referring  to  the  months   of   August   to
December  of  2006,  and  to  the  months  of
January to July of 2007, to be  allocated  as
the legal dividend for the corporate year  to
be ended on December 31, 2007.

      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 to be ended on  December  31,
2007, that:

      1. On August 10, 2007, interest on  own
capital, referring to the  months  of  August
to December of 2006, and  to  the  months  of
Atualizado em 2007-07-25T17:54:06
All the dates of this page are presented in official timezone of Brasilia - Brazil.