Material Fact – Non-binding Agreement JSL and Marfrig

Mogi das Cruzes, December 21, 2011 – JSL S.A. (BM&FBOVESPA: JSLG3), (“Company” or “JSL”) the company with the broadest portfolio of logistics services in Brazil and the leader in its segment in terms of net revenue, in compliance with Rule 358/2002 of the Brazilian Securities and Exchange Commission (CVM) and Article 157, Paragraph 4 of Law 6,404/1976, hereby announces to its shareholders and the market in general that today it entered into a non-binding agreement with Marfrig Alimentos S.A. (“Marfrig” – Bovespa: MRFG3; Level 1 ADR: MRTTY) establishing the basis for negotiation, covering the operations mentioned below, of the transfer of management of Marfrig’s logistics operations to JSL, including all stages of transportation and warehousing of Marfrig products in Brazil and MERCOSUR (“Operation”).

Marfrig, one of the largest global food companies, in transferring the management of its Brazilian logistics operations to JSL, the largest logistics company in the country in highway transportation, is seeking a supplier that guarantees the best in quality and safety, while proving capable of managing Marfrig’s growth and delivering integrated solutions for the entire logistics chain and guaranteeing the execution with the best cost-benefit ratio.

JSL is uniquely positioned to provide these services, as it is the largest logistics service operator dedicated to supply chains, offering a number of customized, integrated solutions in many segments within the Brazilian economy.

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