Minutes of the board of director's meeting


Atualizado em 2008-12-16T12:39:09
All the dates of this page are presented in official timezone of Brasilia - Brazil.

File Text

NATURA COSMÉTICOS S.A.

|Corporate      |Publicly-h|Corporate     |
|Taxpayer's ID  |eld       |Registry      |
|(CNPJ/MF)      |Company   |(NIRE)        |
|71.673.990/0001|          |35.300.143.183|
|-77            |          |              |

      Subscribed and Paid-in Capital: R$
  390,947,976.28 - 429,029,051 common shares
 Authorized Capital: up to 12,381,074 common
                    shares

  MINUTES OF THE BOARD OF DIRECTORS MEETING

          HELD ON DECEMBER 15, 2008

            On December 15,  2008,  at  10:00
a.m., at the Company's  headquarters  located
in the city of Itapecerica  da  Serra,  State
of São Paulo, at Rodovia  Régis  Bittencourt,
s/n.º, Km 293, Edifício  I,  all  members  of
the Board of Directors of  NATURA  COSMÉTICOS
S.A. held a  meeting  chaired  by  Mr.  Pedro
Luiz Barreiros Passos, with the  purpose  of,
pursuant to item III of Article 20 and  caput
of  Article   21  of  the  Bylaws:   (i)   to
document the resignation of  Mr.  JOSÉ  DAVID
VILELA  UBA,  Brazilian,  married,  engineer,
Identity    Card     (CREA/RJ)     13.455-81,
Individual     Taxpayer's     ID     (CPF/MF)
383.781.167-00, from the  position  of  Chief
Financial and Investor Relations  Officer  of
the  Company;  and  to  elect   Mr.   Roberto
Pedote,  Brazilian,   married,   businessman,
Identity Card (RG)  13.564.073-8,  Individual
Taxpayer's  ID  (CPF/MF)  115.324.298-27,  to
replace him up to the  end  of  his  term  of
office.

            After analyzing the  agenda,  the
Board members  approved,  by  unanimous  vote
and without  any  restrictions,  to  document
the resignation  of  Mr.  José  David  Vilela
Uba, Brazilian, married,  Engineer,  Identity
Card    (CREA/RJ)    13.455-81,    Individual
Atualizado em 2008-12-16T12:39:09
All the dates of this page are presented in official timezone of Brasilia - Brazil.