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Merger of Aracruz and Votorantim Creates Fibria

Sept. 1, 2009 - Aracruz Celulose said that as a result of its merger with Votorantim Celulose e Papel, the combined companies have taken on a new identity and will now be known as Fibria.

The new company has named Carlos Aguiar as CEO and Jose Luciano Penido as chairman.

Fibria has a production capacity exceeding 6 million tonnes of pulp and paper per year, and approx. 15,000 employees in 7 mills and 5 sales offices. About 90% of the company's pulp is produced for export.

Fibria estimates its annual net revenue at R$ 6 billion, considering the combined results of both original companies in the last 12 months ended in June 2009.

Fibria will hold a press conference today at 3 p.m. to present the new company.

The presentation will be available on the company's web site: www.fibria.com.br/ir

SOURCE: Fibria




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