Fibria Celulose S.A. Announces Results as of the Early Tender Date and An Increase of the Tender Cap for its Modified Dutch Auction Tender Offer for 7.500% Senior Notes due 2020

SAO PAULO, June 25, 2012

On June 11, 2012, Fibria commenced the Tender Offer for up to $500.0 million aggregate principal amount (as such amount was increased as described above and as may be further increased in Fibria's sole discretion, the "Tender Cap") of Notes at a purchase price per $1,000 principal amount of Notes to be determined in accordance with the procedures of a "modified Dutch Auction," as more fully described in the Offer to Purchase, dated June 11, 2012 (as it may be amended or supplemented from time to time, the "Offer to Purchase"), and in the related letter of transmittal. 

Holders who validly tendered (and did not withdraw) their Notes on or prior to the Early Tender Date, and whose Notes are purchased pursuant to the Tender Offer, will be entitled to receive the "Total Consideration" payable under the Tender Offer, which includes an "Early Tender Payment" of $50.00 for each $1,000 principal amount of Notes.  In addition, holders will receive accrued and unpaid interest on all Notes tendered and accepted for payment in the Tender Offer from the last interest payment date up to, but not including, the settlement date for the Tender Offer.

Holders of Notes who have not already tendered their Notes may do so at any time on or prior to 12:00 midnight, New York City time, on Monday, July 9, 2012, unless extended by Fibria. However, any such tender will not be entitled to receive the Early Tender Payment. Withdrawal rights for the Tender Offer have expired and have not been extended.

The terms and conditions of the Tender Offer are described in the Offer to Purchase and remain unchanged, except for the increase of the Tender Cap described above. Subject to applicable law, Fibria may further amend, modify or terminate the Tender Offer at any time in its sole discretion.

Fibria has retained Deutsche Bank Securities Inc. and Citigroup Global Markets Inc. to act as Dealer Managers for the Tender Offer. D.F. King & Co., Inc. is the Information Agent and Tender Agent for the Tender Offer. Questions regarding the Tender Offer should be directed to Deutsche Bank Securities Inc. at (866) 627-0391 (toll-free) or (212) 250-2955 (collect), or Citigroup Global Markets Inc. at (800) 558-3745 (toll-free) or (212) 723-6108 (collect). Requests for documentation should be directed to D.F. King & Co., Inc. at (800) 488-8095 (toll-free) or (212) 269-5550 (for banks and brokers). This press release is for informational purposes only.

This press release is not an offer to purchase or a solicitation of an offer to purchase with respect to any Notes or any other securities. The Tender Offer is being made solely pursuant to the terms of the Offer to Purchase and related letter of transmittal. The Tender Offer is not being made to holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. None of Fibria, the Dealer Managers or the Information Agent makes any recommendation as to whether holders should tender or refrain from tendering their Notes. Holders must make their own decision as to whether to tender Notes and, if so, the principal amount of the Notes to tender.