Suzano Papel e Celulose S.A. Announces Payment of Interest on Equity to Stockholders

Date : 12/17/2004 @ 4:24PM
Source : PR Newswire
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Suzano Papel e Celulose S.A. Announces Payment of Interest on Equity to Stockholders

Suzano Papel e Celulose S.A. Announces Payment of Interest on Equity to Stockholders

SAO PAULO, Brazil, Dec. 17 /PRNewswire-FirstCall/ -- Suzano Bahia Sul Papel e Celulose S.A. (Bovespa: SUZB5), one of Latin America's largest integrated producers of pulp and paper, today announced that its Board of Directors has approved the payment of interest on equity, to be posted as a credit to stockholders on December 23, 2004, and paid on February 28, 2005.

The total of this payment is R$ 60,021,941.58, equal to R$ 0.19870 per common share and R$ 0.21857 per preferred share (classes A and B). It is complementary to the payments previously distributed in relation to profit for the business year of 2004. The amounts will be credited to those stockholders holding the stock at the close of December 17,2004, and will be paid, by credit to stockholders' bank accounts on February 28,2005 -- or at a later date for those stockholders whose details are not up-to-date on the registers of the depositary bank.

The shares will trade without this benefit on December 20, 2004.

Suzano Bahia Sul Papel e Celulose is one of the largest fully integrated producers of paper and eucalyptus pulp in Latin America, with pulp production capacity of 1.1 million tons/year and a paper production capacity of 820 thousand tons/year. It offers a broad range of pulp and paper products for the domestic and international markets, with a leadership position in key Brazilian markets. It has four principal product lines: (i) eucalyptus pulp; (ii) uncoated woodfree printing and writing paper; (iii) coated woodfree printing and writing paper; and (iv) paperboard.

Contacts: 1) Investor relations: / tel: +011-55-11-3037-9061 Gustavo Poppe, Cesar Romero, Fernando Mearim, Rosely D' Alessandro, Simone Capersmidt

2) Press office: GWA Comunicacao Integrada -- / +011-55-11-3816-3922 Fernanda Burjato, Regina Maia

3) Exports:

DATASOURCE: Suzano Bahia Sul Papel e Celulose S.A.

CONTACT: Investors, Gustavo Poppe, Cesar Romero, Fernando Mearim, Rosely

D' Alessandro, or Simone Capersmidt, all of Suzano, +011-55-11-3037-9061, or

; or Suzano Exports, ; or Media, Fernanda

Burjato, or Regina Maia, both of GWA Comunicacao Integrada,

+011-55-11-3816-3922, or , both for Suzano

Web site: http://www.suzano.com.br/

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