Material Fact: Stock repurchase program


Mogi das Cruzes, December 16, 2010 – JSL (BM&FBovespa: JSLG3), the company with the most extensive portfolio of logistics services in Brazil and the leader in its segment in terms of net revenue, hereby communicates to its shareholders and the market that its Board of Directors authorized, on this date, the program for the repurchase of stock issued by the Company, which shall be held in treasury and later cancelled or sold. The main objective of the program is to support the Company’s stock option plan approved by the Extraordinary Shareholders’ Meeting to be held on February 8, 2010.

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