Material Fact – Board of Directors decided to analyze the possible acquisition, by the Company, of SIMPAR Concessionárias Ltda.


Mogi das Cruzes, November 03, 2011 – JSL S.A. (BM&FBovespa: JSLG3), the company with the broadest portfolio of logistics services in Brazil and the leader in its segment in terms of net revenue, pursuant to Instruction 358 of January 3, 2002, issued by the Brazilian Securities and Exchange Commission (“CVM”) and Article 157, paragraph 4, of Law 6404, of December 15, 1976, hereby informs its shareholders and the market in general that its Board of Directors decided, today, to analyze the possible acquisition, by the Company, of SIMPAR Concessionárias Ltda. (“Concessionárias”), whose main activity is the sale of automobiles and trucks, and an insurance broker. If the negotiations are successful, the Company expects to conclude the acquisition through the delivery of shares via a share merger, with no cash disbursement.

The opportunity in question comprises the eventual acquisition of 30 stores in the states of São Paulo, Rio de Janeiro, Rio Grande do Sul and Santa Catarina, currently under the Original (Volkswagen), Fiat Ponto, Ford Avante and Transrio (Volkswagen heavy vehicles) brands and the insurance broker. In 2010, the dealership sold 29,173 automobiles and 2,225 heavy vehicles (trucks and busses) and the insurance broker issued 13,897 new policies. In 2010, according to the Concessionárias management, it recorded consolidated gross revenue of R$ 1.3 billion, recurring EBITDA of R$ 23.0 million, recurring net income of R$ 8.1 million and net cash of R$ 20.3 million.

To access the Material Fact, click here.

The company will host a Conference Call to discuss the Material Fact:

Conference Call and Webcast (with Simultaneous Translation into English)
Friday, November 04, 2011
01:30 p.m. (NY Time)
03:30 p.m. (Brasília Time)

Dial-in Phone Numbers
Parties in Brazil: +55 (11) 4688-6361
Parties in other countries: +1 (786) 924-6977
Access Code: JSL

Webcast Access

The presentation will be available 10 minutes before the event.

To access the invitation, click here.