JSL – Material Fact


Mogi das Cruzes, April 16, 2013 – JSL S.A. (“Company”), a publicly-held company, in compliance with Brazilian Securities and Exchange Commission Rule nº 358 of January 3, 2002 and Article 157, Paragraph 4 of Law nº 6,404 of December 15, 1976, hereby informs its shareholders and the market in general that JSL Holding Financeira Ltda. (“JSL Financeira”), a Company‘s subsidiary, on this date, entered into a binding agreement to acquire 100% shares of BGN Leasing S.A. – Arrendamento Mercantil (“BGN Leasing”).

BGN Leasing purchase price will correspond to 140% of the total amount of its monetary assets on the closing date, and these monetary assets on 2/28/13 was approximately R$7.9 million and variation to occur until closing date will solely derive from its financial investment, forbidding any other amendments, unless if required by Central Bank of Brazil. In view of these conditions, the Company estimates that purchase price will be approximately R$11.1 million.

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