Appraisal Report


Atualizado em 2008-02-27T18:55:51
All the dates of this page are presented in official timezone of Brasilia - Brazil.

File Text

Natura Cosméticos S.A.
Appraisal Report (Accounting Values) of
Certain Assets and Liabilities of Nova Flora
Participações Ltda., Ascertained on
December 31, 2007

Deloitte Touche Tohmatsu Auditores
Independentes | |
   APPRAISAL REPORT (ACCOUNTING VALUES), OF
 CERTAIN ASSETS AND LIABILITIES OF NOVA FLORA
 PARTICIPAÇÕES LTDA., ASCERTAINED ON DECEMBER
   31, 2007, FOR MERGER PURPOSES BY NATURA
               COSMÉTICOS S.A.

DELOITTE    TOUCHE     TOHMATSU     Auditores
Independentes, civil  company,  headquartered
in the city of São  Paulo,  Capital,  at  Rua
José Guerra, 127, registered at the  Regional
Accounting Council of the State of São  Paulo
under  no.   2   SP   011609/O-8,   Corporate
Taxpayers' ID (CNPJ) no. 49.928.567/0001-11,
with    its    articles    of     association
consolidated  and  registered  at   the   3rd
Corporate Civil  Registry  -  São  Paulo,  on
December 28, 1977, and subsequent  amendments
registered  at  the  same   Corporate   Civil
Registry, the last of which registered  under
no 44, on May 31,  2007,  herein  represented
by  the   partner   Altair   Tadeu   Rossato,
Brazilian   citizen,   married,   accountant,
bearer of ID Card  no. 12.886.700-0  SSP-SP,
Individual Taxpayers' ID  no. 060.977.208-23
and at the  Regional  Accounting  Council  of
the  State  of  São  Paulo  under  no. 1 SP
182515/O-5, with commercial  address  at  the
City of  São  Paulo,  Capital,  at  Rua  José
Guerra, 127, appointed by  Natura  Cosméticos
S.A as the corporate  appraiser  to  perform,
pursuant to the provisions of article  8,  of
Law   no. 6,404/76,   the   appraisal,   at
accounting  values,  of  certain  assets  and
liabilities  of  Nova   Flora   Participações
Atualizado em 2008-02-27T18:55:51
All the dates of this page are presented in official timezone of Brasilia - Brazil.