AEGM - Letter to BM&FBOVESPA


Atualizado em 2010-07-19T18:11:28
All the dates of this page are presented in official timezone of Brasilia - Brazil.

File Text

      Itapecerica da Serra, February 27, 2009

To
BM&F BOVESPA S.A. Bolsa de Valores,
Mercadorias e Futuros
Coordination of Company Relationship

Re.:  Natura Cosméticos S/A

Dear Sirs,

We hereby  inform  you  that  the  Management
Proposal to amend Article  5  of  the  Bylaws
and the new wording of the  Stock  Option  or
Share Subscription Program of  Common  Shares
Issued   by   the   Company,   includes   the
following:

(a) new wording of the Stock Option or  Share
Subscription  Program   of   Common   Shares,
aiming to  optimize  the  management  of  the
Company  and  of  the  companies   controlled
directly or indirectly by  its  participants,
providing   it   with   a    corporate    and
entrepreneurial vision , and  thus  promoting
its continuity and increasing  the  Company's
and its companies'  attractiveness.  The  new
text   includes   four   modifications:   (i)
alteration of the maturity of the options  to
four (4)  years  with  possibility  of  early
exercise in three (3) years upon  fulfillment
of the  condition  of  cancelation  of  fifty
percent (50%) of the options granted  in  the
respective    Stock    Option    or     Share
Subscription  Plan  of  Common  Shares;   (b)
alteration  of  the  deadline   to   exercise
matured options from six  (6)  to  eight  (8)
years; (c) alteration of  the  criteria  used
to determine the value of the share  acquired
pursuant to the Program, which shall  be  the
result of the simple average  from  the  last
ten (10) to  the  last  thirty  (30)  trading
floors taken place in  the  last  sixty  (60)
consecutive days, counted as of the  term  of
Five (5) days prior to the  approval  of  the
Atualizado em 2010-07-19T18:11:28
All the dates of this page are presented in official timezone of Brasilia - Brazil.