COSAN | Investor Relations
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Depositary Bank

COSAN common shares are held in registered book-entry form, using the book-entry form services of Banco Itaú S.A., as custodian. Transfer of the Company shares is carried out by means of an entry in their books, by debiting the share account of the transferor and crediting the share account of the transferee. The São Paulo Stock Exchange operates a central and fungible clearing system through the CBLC. A holder of its shares may choose, at its discretion, to participate in these systems and all shares elected to be put into the systems will be deposited in custody with the relevant stock exchange (through a Brazilian institution that is duly authorized to operate by the Central Bank and maintains a clearing account with the relevant stock exchange).

Shareholders should keep all register information updated in Banco Itaú (Custodian Bank) in order to have all its rights guaranteed and to do so, is just necessary to visit any Banco Itaú's branches with all appropriated documents. Investors whose have its bank records updated, whether or not holder of a checking account in Banco Itaú or in other banks, will automatically receive the proceeds in the payment date decided by COSAN, as well as being notified through a “Aviso de Crédito de Proventos Escriturais” - (Payment Warning), which specifies all the information of the event paid. If the investor has no bank information, all payments will be available at Banco Itaú since the beginning of the payment date decided by the Company. In order receive such payments, the investor should find a Banco Itaú Branch in order to withdraw such payment, by furnishing all necessary identification documents together with the “Aviso de Crédito de Proventos Escriturais”, which has been received.

Custodian Bank: Banco Itaú S.A.
Capital Market Office
Tel.: (11) 5029-7780
E-mail: investfone@itau.com.br

Remark: Service to shareholders is rendered by bank's branches network listed down here:

AGÊNCIA ESPECIALIZADA VALORES MOBILIÁRIOS BRASÍLIA
(Specialized Securities Agency) - BRASILIA
Contact: Constancia Maria S. de Oliveira
SCS Quadra 3 – Edif. D'Angela, 30 – Bloco A, Sobreloja
Downtown – Brasília/DF
Zip Code: 70300-500
Tel: 61 3316 4850

AGÊNCIA ESPECIALIZADA VALORES MOBILIÁRIOS BELO HORIZONTE
(Specialized Securities Agency) – BELO HORIZONTE
Contact: Jussara Maria Miranda de Souza
Av. João Pinheiro, 195
Downtown – Belo Horizonte/MG
Zip Code: 30130-180
Tel: 31 3249 3534

AGÊNCIA ESPECIALIZADA VALORES MOBILIÁRIOS CURITIBA
(Specialized Securities Agency) – CURITIBA
Contact: Márcia Regina de N. Machado
R. João Negrão, 65 – Sobreloja
Downtown – Curitiba /PR
Zip Code: 80010-200
Tel: 41 3320 4128

AGÊNCIA ESPECIALIZADA VALORES MOBILIÁRIOS PORTO ALEGRE
(Specialized Securities Agency) – PORTO ALEGRE
Contact: Sandra Ferreira da Silva
R. Sete de Setembro, 746 – Térreo
Downtown – Porto Alegre /RS
Zip Code: 90010-190
Tel: 51 3210 9150

AGÊNCIA ESPECIALIZADA VALORES MOBILIÁRIOS RIO DE JANEIRO
(Specialized Securities Agency) – RIO DE JANEIRO
Contact: Mônica Lopes Carvalho Rodrigues
R. Sete de Setembro, 99 – Subsolo
Downtown – Rio de Janeiro /RJ
Zip Code: 20050-005
Tel: 21 2508 8086

AGÊNCIA ESPECIALIZADA VALORES MOBILIÁRIOS SÃO PAULO
(Specialized Securities Agency) – SÃO PAULO
Contact: Cláudia A. Germano Vasconcellos
R. Boa Vista , 176 – 1 Subsolo
Downtown - Sao Paulo/SP
Zip Code: 01092-900
Tel: 11 3247 3139

AGÊNCIA ESPECIALIZADA VALORES MOBILIÁRIOS SALVADOR
(Specialized Securities Agency) - SALVADOR
Contact: Watson Carlos Passos Barreto
Av. Estados Unidos, 50 - 2º AND - (ED SESQUICENTENÁRIO)
Comércio - Salvador/BA
Zip Code: 40020-010
Tel: 55 71 3319 8010

Last update on July 11, 2007.

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