Proposal of Merger of Nova Flora Participações Ltda.


Atualizado em 2008-02-27T19:04:03
All the dates of this page are presented in official timezone of Brasilia - Brazil.

File Text

NATURA COSMÉTICOS S.A.

|Corporate      |Publicly-h|Company's   |
|Taxpayer's ID  |eld       |Register    |
|(CNPJ/MF)      |Company   |(NIRE)      |
|71.673.990/0001|          |35.300.143.1|
|-77            |          |83          |

Capital Subscribed to and Paid-in: R$
390,617,976.28 - 428,929,051 Registered
Shares of Common Stock [ON]
   Authorized Capital: up to 13,116,665 ON
                    shares

      MINUTES OF THE BOARD OF DIRECTORS'
                   MEETING

          HELD ON FEBRUARY 27, 2008

           On February  27,  2008,  at  5:00
p.m., at  the  headquarters  located  in  the
City of Itapecerica da Serra,  State  of  São
Paulo, at Rodovia Régis  Bittencourt,  s/n.º,
Km 293, Edifício I, the  Board  of  Directors
of  NATURA  COSMÉTICOS  S.A.  gathered  in  a
meeting chaired by Mr. Pedro  Luiz  Barreiros
Passos,  with  the  attendance  of  all   its
members, with the  purpose  of,  pursuant  to
articles 223, 224, 225, 227 and  234  of  Law
no. 6,404/76, of  Normative  Instruction  no.
319, issued by the Brazilian  Securities  and
Exchange  Commission  on  December  3,  1999,
both as amended, and articles 1.116 to  1.118
of Law no. 10.406/02,  examining,  discussing
and voting the proposal  of  merger  of  Nova
Flora Participações Ltda. into  the  Company,
to be submitted to the  appreciation  of  the
Company's shareholders at  the  Extraordinary
General Meeting  to  be  held  on  March  31,
2008.

           The board  members  approved,  by
unanimous vote and without restrictions,  the
submission of the following  merger  proposal
of Nova Flora Participações Ltda., a  limited
company with  headquarters  in  the  City  of
Atualizado em 2008-02-27T19:04:03
All the dates of this page are presented in official timezone of Brasilia - Brazil.