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ARA » Topics » III. Effectiveness of the Decisions

This excerpt taken from the ARA 6-K filed Jun 3, 2009.

III. Effectiveness of the Decisions

III. i. Under the terms of article 136, paragraph 1, of Law nº 6,404/76, the effectiveness of the abovementioned decisions is dependant on their ratification by the holders of more than half of the Aracruz preferred shares of each class of preferred shares issued by the Company, which is to be decided at Special General Meetings of Preferred Shareholders following this Extraordinary Meeting.

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