Minutes of the board of director's meeting


Atualizado em 2010-07-20T16:27:01
All the dates of this page are presented in official timezone of Brasilia - Brazil.

File Text

NATURA COSMÉTICOS S.A.

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

      Subscribed and Paid-up Capital: R$
  401,166,387.64 - 430,028,699 common shares
 Authorized Capital: up to 11,281,426 common
                    shares

  MINUTES OF THE BOARD OF DIRECTORS' MEETING
             HELD ON JULY 19, 2009

      On July 19, 2009 at 07:30 A.M., at  the
company's main office located in the city  of
Itapecirica da Serra, State of São  Paulo  at
Rodovia Régis  Bittencourt,  s/n.º,  Km  293,
Edifício I, the majority of  the  members  of
the Board of Directors of  NATURA  COSMÉTICOS
S.A., gathered in a meeting  chaired  by  Mr.
Pedro Luiz Barreiros Passos to,  pursuant  to
the provisions of item XXIV,  Article  20  of
the Company's By-laws: (i)  examine,  discuss
and vote  on  the  borrowing  of  short  term
loans  to  finance  the  Company's  temporary
cash  needs  in  its   ordinary   course   of
business;  and  (ii)  ratify  the   Company's
Board of Executive Officers' jurisdiction  to
contract any funding  raising  usual  in  the
market,  as  resolved  on  at  the  Board  of
Directors'  Meeting  held  on  December   16,
2008.

            After analyzing the matters,  the
board members approved, by unanimous vote  of
the  attending  members   and   without   any
reservations the following:

1. the borrowing of short term loans  in  the
total amount of up to R$ 260,000,000.00  (two
hundred  and   sixty   million   reais),   in
domestic currency or indexed  to  it,  aiming
at financing  the  Company's  temporary  cash
needs,  during   its   ordinary   course   of
Atualizado em 2010-07-20T16:27:01
All the dates of this page are presented in official timezone of Brasilia - Brazil.