Retail investors
How can I buy Aracruz ADRs?
What does it mean for Aracruz to be a level 1 company in BOVESPA?
Where are Aracruz shares traded?
Aracruz's (ARA) ADRs are traded daily at the NYSE.To buy ARA you can always contact your broker, or JPMorgan Chase Bank, NA (ARA's Depositary Bank), which maintains an Internet negotiation service, among others, through the site www.adr.com/shareholder
The JPMorgan shareholders' services can also be contacted by telephone, with a toll free number for the US: 1-800-990-1135. If calling from outside the U.S.: 1-201-680-6630. You can also contact by email: jpmorganadr@mellon.com or at the following address:
JPMorgan Service Center
P.O. Box 3408
South Hackensack, NJ
07606-3408
USA
WHAT DOES IT MEAN FOR Aracruz TO BE A LEVEL 1 COMPANY IN BOVESPA?
In 2000, the Bovespa introduced three special listing segments, known as Level 1 and 2 of Differentiated Corporate Governance Practices and New Market (Novo Mercado), aiming at fostering a secondary market for securities issued by Brazilian companies with securities listed on the Bovespa, by prompting such companies to follow good practices of corporate governance. The listing segments were designed for the trading of shares issued by companies voluntarily undertaking to abide by corporate governance practices and disclosure requirements in addition to those already imposed by Brazilian law. These rules generally increase shareholders' rights and enhance the quality of information provided to shareholders.
To To become a Level 1 (Nível 1) company, in addition to the obligations imposed by current Brazilian law, Aracruz has agreed to (a) ensure that shares of the issuer representing 25% of its total capital are effectively available for trading; (b) adopt offering procedures that favor widespread ownership of shares whenever making a public offering; (c) comply with minimum quarterly disclosure standards; (d) follow stricter disclosure policies with respect to transactions made by controlling shareholders, directors and officers involving securities issued by the issuer; (e) submit any existing shareholders' agreements and stock option plans to the Bovespa; and (f) make a schedule of corporate events available to shareholders.
WHERE ARE Aracruz SHARES TRADED?
Aracruz preferred shares (10 class "B" in the form of 1 ADSs) are listed on the NYSE under the symbol "ARA". Aracruz common shares are listed only on the Bovespa under the symbol "ARCZ3", while its preferred shares are listed on the Bovespa under the symbols "ARCZ5" and "ARCZ6", respectively preferred shares class "A" and class "B" (please refer to Dividend Policy for differentiation between such classes of preferred shares).
Last update on June 8, 2006.
