Sao Paulo, June 11, 2013 -- Moody's Investors Service commented today that the sale of Marfrig's Seara Brasil and Zenda leather operations to JBS for BRL 5.85 billion (USD 2,8 billion) announced on June 10 is a credit positive for Marfrig (B2 RUR-Down) and a credit negative for JBS (Ba3 RUR-Down) over a shorter term horizon. For further details please refer to the Issuer Comment dated June 11, 2013 and posted on www. moodys.com.

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