VCP Votorantim Celulose e Papel S.A.

SAO PAULO, Brazil, April 27 /PRNewswire-FirstCall/ -- Votorantim Celulose e Papel S.A. (NYSE:VCP) (BOVESPA: VCPA4) (VCP), one of Latin America's largest pulp and paper producers, announced that VCP, Suzano Bahia Sul Papel e Celulose S.A. ("Suzano") and Ripasa S.A. Celulose e Papel ("Ripasa" and, together with VCP and Suzano, the "Companies"), pursuant to Paragraph 4 of Article 157 of Law 6.404/76 and CVM Instruction 358/2002, had the following communication for their shareholders and the market: The Companies have been engaged in legal procedures in order to obtain a favorable outcome for Ripasa's minority shareholders. However, given the potentially lengthy period of time needed to reach such an outcome and the fact that the synergies generated by the acquisition of Ripasa are not being fully taken advantage of, the Companies, aiming to remove the judicial barriers and implement the Restructuring, entered into an agreement ("Agreement") with a group of Ripasa's preferred shareholders, representing all the shareholders who questioned the operation. Please visit the website http://www.vcp.com.br/English/Investors/Notices/Material+Facts/default.htm to access the release. DATASOURCE: Votorantim Celulose e Papel S.A. (VCP) CONTACT: Investors, Valdir Roque, Finance and Investor Relations Officer, or Alfredo F. Villares, Investor Relations Manager, or Andrea Kannebley, or Isabela Cadenassi, all of VCP, +011-55-11-2138-4168, +011-55-11-2138-4261, +011-55-11-2138-4287, or fax, +011-55-11-2138-4066, or Web site: http://www.vcp.com.br/ http://www.vcp.com.br/English/Investors/Notices/Material+Facts/default.htm

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