Summary of the Report published by ISS

Mogi das Cruzes, January 4, 2012. 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, presents a summary of the report published by ISS (an independent proxy advisor that provides vote recommendations to institutional investors) in regard to the Company’s Extraordinary Shareholders’ Meeting, to be held in São Paulo on January 9, 2012. In addition to other matters, the Meeting will deliberate on the merger of Simpar Concessionárias by JSL.

Consequently and according with the report, ISS RECOMMENDS that investors VOTE IN FAVOR of all the items proposed by JSL’s Management.

For further information and instructions on how to take part in the ESM, please go to:

LINK TO THE MANUAL

About ISS

ISS is the leading provider of corporate governance solutions to the global financial community. ISS‘ services include objective governance research and analysis, end-to-end proxy voting and distribution solutions, turnkey securities class-action claims management, and reliable governance data and modeling tools.

For the report and ISS analyst contact:

Cristiano Guerra
cristiano.guerra@issgovernance.com