Suzano Papel e Celulose SA : Clarification to CVM/Bovespa

announces to its shareholders and the general market that it received Official Letter GAE 3.414-
13 issued by the BM&FBovespa S.A. - Securities, Commodities and Futures Exchange dated
September 2, which entire content is transcribed below.

"Dear Sirs,

We request clarification, by September 3, 2013, concerning the content of the news article published in the newspaper Valor Econômico, issue of September 2, 2013, entitled "Meta espinhosa para o CEO da Suzano" [Thorny Target for Suzano's CEO], which states, among other things, that the goal is to raise return on capital employed to between 8% and 10%.

This request is made under the scope of the Cooperation Agreement signed by the Securities and Exchange Commission of Brazil (CVM) and the BM&FBOVESPA on December 13, 2011, and failure to comply to such request could subject the company to the application of a punitive fine imposed by the Corporate Relations Superintendence (SEP) of the CVM, in accordance with CVM Instruction 452/07.

Sincerely,

Nelson Barroso Ortega

Corporate Oversight Department

BM&FBovespa S.A. - Securities, Commodities and Futures Exchange c.c. Securities and Exchange Commission of Brazil (CVM)

Mr. Fernando Soares Vieira - Corporate Relations Superintendent

Mr. Waldir de Jesus Nobre - Market and Intermediary Relations Superintendent"

In compliance with the request, we clarify that the information stated in the article published in the September 2, 2013 issue of Valor Econômico does not constitute a declaration of any estimate or forecast of profitability, does not support the formulation of any conclusions regarding the Company's future performance, and does not represent the opinion of any member of the management of Suzano regarding the adequate value attributable to the Company in either
the present or future.

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The article published in Valor Econômico merely expressed the desire of Mr. Walter Schalka, the Chief Executive Officer of Suzano, regarding a future and uncertain event. The Company further informs that, as of the time of writing, its Investor Relations Department had not registered any contact by investors or analysts with the purpose of inquiring about the content of the article published in Valor Econômico.
Furthermore, the data on trading volume, price quote and price quote volatility for the securities issued by Suzano traded on the BM&FBovespa during the trading session of September 2, 2013 indicate that the market interpreted the content of the article published in Valor Econômico as irrelevant for the purposes of the rules issued by the BM&FBovespa and CVM.
As you can see from the chart reproduced below, the content of the article did not exert any significant influence on the price quote of the securities issued by Suzano or on the

intensity of its fluctuation.

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Valor Econômico Article

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9.2

9.1

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Alberto Monteiro de Queiroz Netto
Investor Relations Officer

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