Notice to the Market – Increase in interest in MDF – 11/01/2012

Notice to the Market

Increase in interest in MDF

Barretos, November 1st, 2012 – Minerva S.A. (BOVESPA: BEEF3; Bloomberg: BEEF3.BZ; Reuters: BEEF3.SA), one of the leaders in South America in the production and sale of fresh beef, live cattle and cattle byproducts, with operations also in the beef, pork and poultry processing segments, hereby informs its shareholders and the market in general that it has increased its interest in the joint venture Minerva Dawn Farms – MDF from 80% to 100%, in a transaction estimated at fifteen million Reais (R$15,000,000.00), of which approximately 85% will be paid with Minerva’s treasury stock. Reaffirming the commitment of the shareholders, Dawn Farms Foods (DFF) and Minerva S.A., with Company’s expansion, this transaction will be followed by a lock-up period of up to two years for the shares transferred to DFF. Minerva S.A. also informs that the increase in interest in MDF does not represent a relevant investment, in compliance with article 256, item I of Brazilian Corporation Law.

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