Imcopa International Cayman Ltd. Announces Supplement to its Consent Solicitation Statement Issued on 10 May 2010 Related to its 10.375% Notes

By Imcopa International Cayman Ltd., PRNE
Sunday, May 16, 2010

ARAUCARIA, Brazil, May 17, 2010 - Imcopa Importacao, Exportacao Industria e Oleos S.A. ("Imcopa") and
Imcopa International Cayman Ltd. ("Imcopa Cayman") announced today the
issuance of a Supplement dated 17 May 2010 (the "Supplement") to their
Consent Solicitation Statement issued on 10 May 2010 (the "Consent
Solicitation Statement") seeking to obtain the consent of holders (the
"Noteholders") of Imcopa Cayman's U.S.$100,000,000 10.375% Notes due 2009
(ISIN: XS0275709094) (the "Notes") to amend certain terms and conditions of
the Notes (the "Consent Solicitation").

Imcopa has made available to Noteholders its audited financial statements
for the financial year ended 31 December 2009 in English and in Portuguese
(the "2009 Financials"). The Supplement provides a review by Imcopa's
management of the financial results for 2009 and certain other information.
To obtain a copy of the Supplement and the 2009 Financials, Noteholders
should contact any of (i) The Bank of New York Mellon, as Trustee (the
"Trustee") for the Notes, (ii) Lucid Issuer Services Limited ("Lucid"), which
is acting as the Information Agent in connection with the Consent
Solicitation or (iii) HSBC Securities (USA) Inc. ("HSBC"), which is acting as
sole Solicitation Agent in connection with the Consent Solicitation.

Requests for copies of the materials should be directed to the Trustee by
writing to it at 101 Barclay Street, New York, NY 10286, United States of
; to Lucid by phone at +44-207-704-0880 or by e-mail at; or to HSBC by phone at +1-888-HSBC-4LM (Toll-Free),
+1-212-525-5552 (Call Collect) (New York) or +44-20-7991-5874 (London) or via
email at

As announced in the Consent Solicitation Statement, the final voting
deadline for submission of electronic voting instructions in connection with
the requests for consents as described therein remains 3:00 p.m. (London
time) on 27 May 2010.

This press release is not a solicitation of consents nor shall it be
deemed a solicitation of consents with respect to any securities. The
requests for consents contemplated by the Consent Solicitation Statement, as
supplemented by the Supplement, is being made solely outside the United
to non-U.S. persons.

    Investor Contact Information:
    Andre Tomazi,

Investor Contact Information, Andre Tomazi, +55-41-2141-9667, ri at

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