ARAUCARIA, Brazil, October 4, 2010 - Imcopa International Cayman Ltd. (the "Issuer") and Imcopa Importacao, Exportacao Industria e Oleos S.A. (the "Guarantor" or "Imcopa") announced today that they have called a meeting of the holders (the "Noteholders") of the Issuer's U.S.$100,000,000 10.375% Notes due 2009 (ISIN: XS0275709094) (the "Notes") on 26 October 2010 (the "Meeting"), and, in connection therewith, has commenced a consent solicitation (the "Consent Solicitation"). The final voting deadline for submission of electronic voting instructions is 3:00 p.m. (London time) on 22 October 2010. Only Noteholders who consent to the proposal being made by the Issuer and the Guarantor will be eligible to receive the Consent Payment (as described below), but only if the Extraordinary Resolution is passed.

RESTON, Virginia, October 3, 2010 - NEWS HIGHLIGHTS: