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Dividends and IOC


Marfrig´s mandatory dividend accounts for at least 25% of the adjusted net income, under the terms of the Brazilian Corporate Law and the Company's By-laws, determined in the unconsolidated financial statements.

The Dividend History is described below:

Year of Reference Event Payment Date Total Gross Earnings / Share Net Earnings / Share
2007 IOC 5/9/2008 R$ 37,600,000.00 R$ 0.184360 R$ 0.156706
2009 IOC 12/15/2010  R$ 146,059,493.50 R$ 0.489936 R$ 0.416446
Dividends 12/15/2010 R$ 15,221,769.00 R$ 0.041645 R$ 0.041645
2010 IOC 12/15/2011 R$ 29,832,677.00 R$ 0.101265 R$ 0.086075
Dividends 12/15/2011 R$ 4,864,588.00   R$ 0.014036 R$ 0.014036