To BM&FBOVESPA S.A. – Securities, Commodities and Futures Exchange Issuers Oversight Department
To Nelson Barroso Ortega
Dear Sir
In response to mail sent by BM&FBovespa S.A. on March 28, 2011, and due to the news article published in the Valor Econômico newspaper on this date, JSL S.A. hereby clarifies that, pursuant to its current assumptions, the Company expects for 2011 to post revenue growth of 25% and minimum traditional EBITDA of R$410 million. Additionally, JSL expects investments of around R$710 million for 2011, R$200 million of which is subject to the execution of new agreements.
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