Brasil Ecodiesel

With an Alert, we inform our clients of events that can contribute to a change in our opinion of a company or industry, or otherwise provides valuable information to our clients. Through our proprietary primary research network of Atalaias, or embedded sentinels, we are constantly monitoring a company's progress towards achieving their key objectives as defined in our previous reports, as well as monitoring the industry drivers and macroeconomic conditions. As such, we remain aware of any changes that may influence, either positively or negatively, the potential of the industry to produce attractive investment opportunities. By comparing the company's actual performance with the preferred strategy and tactics, we are able to assess its evolving potential as an attractive investment.

Key Event: Subsequent second significant acquisition of Brasil Ecodiesel stock by Silvio Tini de Ara??jo and the company controlled by him