BM&FBOVESPA Holds First Voluntary Carbon Credit Market Auction

Sale will offer 240,000 carbon credits managed by the Social Carbon Company

SAO PAULO, December 11 - The Brazilian Securities, Commodities and Futures Exchange - BM&FBOVESPA
will hold on December 22 the first voluntary carbon credit market auction. A
total amount of 240,000 voluntary carbon units from projects managed by the
Social Carbon Company will be auctioned.

The emission reductions were generated from 11 renewable biomass projects
administered by the Social Carbon Company in porcelain factories. These
plants are located in the Brazilian states of Sao Paulo (Panorama, Presidente
Epitacio, Pauliceia), Para (Sao Miguel do Guama), Pernambuco (Lajedo,
Paudalho), Sergipe (Itabaiana), Minas Gerais (Ituiutaba), and Rio de Janeiro
(Itaborai). The projects reduce gas emissions by replacing gasoline with
renewable biomass fuels like sugarcane bagasse, acai seeds, and rice husks,
among others. The carbon credits have been validated by certified entities
authorized by the United Nations Framework Convention on Climate Change
(UNFCCC).

The auction will be held in four sessions, with a lot traded per session.
The initial bidding prices will be indicated by lots that vary in accordance
with the vintages and are priced at BRL 8.00 to BRL 14.00 per unit. The first
transaction will occur at 1 p.m. (Brazil Time) and will be carried out by
BM&FBOVESPA's Carbon Credit Trading System. The financial settlement will be
coordinated by Liquidez DTVM brokerage house.

BM&FBOVESPA's Carbon Credit Market

The Brazilian Exchange has previously organized two carbon credit
auctions in 2007 and 2008. Both auctions offered Certified Emissions
Reductions (CERs), held by the Sao Paulo Municipal Government, and generated
by the Bandeirantes and Sao Joao landfill projects.

The objective of BM&FBOVESPA's carbon market is to foment carbon credit
trading in Brazil within an organized trading environment. It also provides
Brazilian companies an opportunity to sell their GHG emission reduction
projects in the country. The Exchange's trading platform offers global
participants a secure, transparent, and efficient trading atmosphere with
competitive prices.

About BM&FBOVESPA

BM&FBOVESPA S.A. - The Brazilian Securities, Commodities and Futures
Exchange was created in 2008 with the integration between the Brazilian
Mercantile & Futures Exchange (BM&F) and the Sao Paulo Stock Exchange
(Bovespa). Together, the companies have created one of the largest listed
exchange groups in the world, the second in the Americas, and the leading
exchange in Latin America. The Exchange features a vertically integrated
business model, with trading, registration, netting, settlement, risk
management, market data, and central securities depository services.
BM&FBOVESPA's state-of-the-art technological resources provide investors with
an efficient and secure trading and post-trading environment. Among its broad
range of trading products, the Brazilian Exchange offers equities,
securities, financial assets, indices, interest rates, agricultural
commodities, as well as foreign exchange futures and spot contracts, and acts
as a central counterparty for all of its market segment through its four
clearinghouses — equity, derivatives, foreign exchange, and securities.

About Social Carbon Company

The Social Carbon Company provides carbon management services to project
developers in the Verified Emission Reduction (VER) market and applies
Voluntary Carbon Standard (VCS) and SOCIALCARBON(R) Methodology to implement
carbon emission reduction projects in partnership with project developers.
This unique approach to project development and sustainability reduces
project risk and adds long term sustainability to the projects. The current
list of projects includes the switching from non-renewable biomass as a fuel
source to renewable biomass sources, energy efficiency, landfill and
small-scale hydro-electricity. For more information, please visit
www.socialcarbon.com.

Sergio Malzoni, Social Carbon Company, +55-11-2649-0036 or +55-11-9950-4973, sergio at socialcarbon.com; or Carmen Barcellos, BM&FBOVESPA, +55-11-2565-7865, +55-11-2565-7746, +55-11-2565-7764, imprensa at bmfbovespa.com.br