Filed by
Cosan Limited
Pursuant
to Rule 425 of the U.S. Securities Act of 1933, as amended
Subject of
the offer: Cosan S.A. Indústria e Comércio
Commission
File Number: 333-147235
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COSAN
LIMITED
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COSAN
S.A. INDÚSTRIA E COMÉRCIO
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CVM
no. 80071
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Tax
Enrollment no: 50.746.577/0001-15
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Tax
Enrollment No: 08.887.330/0001-52
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N.I.R.E.
35.300.177.045
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Public
Traded Company
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Cosan
Limited Announces Filing of Request for Extension of the Expiration Date
and
Postponement of the Auction Date related to the Exchange Offer
São Paulo,
April 3, 2008 - Cosan Limited (“Cosan Limited”)
hereby announces that a request was filed with the Comissão de Valores
Mobiliários (“CVM”), the Brazilian
securities commission, for an extension of the expiration date and the
postponement of the auction date in connection with Cosan Limited’s offer to
exchange up to all of the common shares issued by its subsidiary Cosan S.A.
Indústria e Comércio (“Cosan”) for class A
common shares, Brazilian Depositary Receipts representing class A common shares,
or class B series 2 common shares of Cosan Limited, pursuant to the terms of the
public announcement of the exchange offer published on March 6, 2008 (the “Announcement”).
The
request was filed by Cosan Limited in response to the recent volatility in the
Brazilian and international markets as well as requests made by shareholders of
Cosan to extend the exchange offer period and, as a result, postpone the auction
date.
The
request is under review by the CVM. If approved, the submission
deadline will be extended to May 2,
2008, the expiration date will be extended to May 9,
2008, and the auction date will be extended to May 12,
2008. All other conditions of the exchange offer remain
unchanged.
Cosan
Limited will notify the public only to the extent our request is approved by the
CVM.
Cosan
Limited advises that Cosan’s shareholders should continue to endeavor to comply
with the submission deadline for the exchange offer of April 4, 2008, in
accordance with the terms of the Announcement because there is no assurance that
the CVM will issue its decision with respect to our extension request before
that date, or even that the request will be approved.
The
registration statement on Form F-4, which has been filed with the U.S.
Securities and Exchange Commission (“SEC”) to register Cosan Limited (the
“Company”) shares to be issued in the proposed exchange offer (the
“Transaction”), and the related prospectus contain important information about
the Company, Cosan S.A. Indústria e Comércio (“Cosan”), the Transaction and
related matters. The Company has also filed, and intends to continue
to file, additional relevant materials with the SEC. Investors will
be able to obtain copies of the offering document and other documents from the
SEC’s Public Reference Room at 100 F Street N.E., Washington D.C.,
20549. Please call the SEC at 1-800-SEC-0330 for further information
on the Public Reference Room. The documents may also be obtained from
the website maintained by the SEC at http://www.sec.gov, which contains reports
and other information regarding registrants that file electronically with the
SEC. The Company has also filed certain documents with the Comissão
de Valores Mobiliários, the Brazilian securities commission, which are available
on the CVM’s website at http://www.cvm.gov.br. YOU ARE URGED TO READ
THE REGISTRATION STATEMENT ON FORM F-4 AND ANY OTHER RELEVANT DOCUMENTS FILED
WITH THE SEC, INCLUDING THE PROSPECTUS, BECAUSE THEY CONTAIN IMPORTANT
INFORMATION ABOUT THE TRANSACTION.
About COSAN S.A.
COSAN is
one of the largest producers of sugar and ethanol in the world. With a crushing
capacity of around 40 million tonnes of sugar cane, the Company holds over 8% of
the local market.
CONTACT:
COSAN S.A. Indústria e Comércio
Investor
Relations (IR)
Paulo
Diniz, CFO and Investor Relations Officer
Luiz
Felipe Jansen Mello, Investor Relations Manager
Tel: (11)
3897-9797
e-mail:
ri@cosan.com.br
website:
www.cosan.com.br/ir
Media
Relations
Máquina da
Notícia
Press
Office
Tel: (11)
3147-7900
This
release contains forward-looking statements relating to the prospects of the
business, estimates for operating and financial results, and those related to
growth prospects of COSAN. These are merely projections and, as such, are based
exclusively on the expectations of COSAN’s management concerning the future of
the business and its continued access to capital to fund the Company’s business
plan. Such forward-looking statements depend, substantially, on changes in
market conditions, government regulations, competitive pressures, the
performance of the Brazilian economy and the industry, among other factors and
risks disclosed in COSAN’s filed disclosure documents and are, therefore,
subject to change without prior notice.