1) Suzano's 3Q07 consolidated results showed improved performance compared to the same period last year, with net income 71.8% higher. 2) The startup of Line 2 at the Mucuri mill occurred 35 days ahead of schedule. 3) Pulp prices increased in August and October to $750 per tonne CIF Europe due to strong demand and low producer inventories.

1. 3Q07 Consolidated Results
October 26th, 2007
Algumas afirmações nesta apresentação e durante a sessão de perguntas e respostas no conference call podem ser projeções ou afirmações sobre
expectativas futuras. Tais afirmações estão sujeitas a riscos conhecidos e desconhecidos e incertezas que podem fazer com que tais expectativas não se
concretizem ou sejam substancialmente diferentes do que era esperado.
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2. Highlights
1) Line 2 at Mucuri started up 35 days earlier than planned.
2) Pulp price increases in August, and October – to US$750/t (CIF
Europe).
3) Pulp producers’ inventories at 29 days of shipments at end of
September.
4) Paper export prices increased by US$40/t.
5) CADE approves Conpacel Paper and Pulp Consortium.
6) Stake in Limeira and Cubatão assets sold for US$32.5 million;
7) Market cap reaches US$5.0 billion.
8) 3Q07 Ebitda is R$ 266.6 million, Ebitda margin 32.7%, in context of
strengthening Real.
9) 3Q07 net income is R$ 168 million, 71.8% higher than in 3Q06.
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3. Mucuri Project
Startup 35 days ahead of schedule.
Photo: August 26th, 2007
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4. Mucuri Project
Photo: August 26th, 2007
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5. Pulp Business Unit
Net price for pulp exports in 3Q07 was US$613/t, compared with
US$594/t in 2Q07, and US$587/t in 3Q06;
Strong demand, restrictions related to wood supply and low
inventories;
169,300 tons produced, reflected maintenance shutdowns at the
Mucuri and Americana units and the startup of Line 2.
Cash cost of R$ 535/t. Increased by the maintenance shutdown (R$
69/t) and higher percentage of wood from local farmers (R$ 24/t).
Without these additional costs, cash cost would have been R$ 442/t
(R$ 446/t in 2T07).
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6. Pulp Business Unit
Pulp Net Sales (R$ million)
204 196
180
Pulp exports 3Q07
163 156 (sales volume)
145
North Latin
41 36 40
America America
2Q07 3Q07 3Q06 9% 2%
PulpDomestic market (thousand tons)
Sales volume Export market Asia
22%
176 158
156
Europe
138 123 122 67%
38 33 36
2Q07 3Q07 3Q06
Domestic market Export market 6

7. Paper Business Unit
Higher average prices (increased 1,3% comparing to 2Q07);
Domestic market + R$ 11/t
Expor market + US$ 38/t
63% of volume sold to domestic market;
Volume in domestic market 7,3% higher than 2Q07.
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8. Paper Business Unit
Paper Net Sales (R$ million)
615 636 652
210 199 206
Paper Exports 3Q07
405 437 446 (sales volume)
North
America
2Q07 3Q07 3Q06 18%
Latin
America
Domestic market Export market
41%
Asia
Paper sales volume (thousand tons) 16%
288 292
282
Europe
108 108 25%
114
168 180 184
2Q07 3Q07 3Q06
Domestic market Export market 8

9. Results (3Q07 x 3Q06)
%
3Q07 3Q06 3Q07/3Q06
Sales volume (000 tons) 444 450 -1.4%
Pulp volume export market (000 tons) 123 122 0.5%
Net revenue - R$ million 816 855 -4.6%
Net income - R$ million 168 98 71.8%
Cash-cost (R$/tons) 535 447 19.7%
EBITDA - R$ million 267 299 -10.9%
EBITDA - US$ million 139 138 1.0%
EBITDA margin 32.7% 35.0% -6.6%
Exchange Rate 1.92 2.17 -11.7%
Net debt / EBITDA (LTM) obs
3.9 3.45 13.0%
Note: LTM = Last twelve months
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10. Results (9M07 x 9M06)
%
9M07 9M06 9M07/9M06
Sales volume (000 tons) 1,341 1,286 4.3%
Pulp volume export market (000 tons) 401 373 7.3%
Net revenue - R$ million 2,446 2,300 6.4%
Net income - R$ million 447 354 26.3%
EBITDA - R$ million 821 778 5.4%
EBITDA - US$ million 411 357 15.0%
EBITDA margin 33.5% 33.9% -1.2%
Exchange Rate 2.00 2.18 -8.2%
Net debt / EBITDA (LTM) 3.9 3.45 13.0%
Note: LTM = Last twelve months
obs
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11. IR Team
+55 11 3503 9061
ri@suzano.com.br
Press
Letícia Volponi
GWA Comunicação Integrada
leticia@gwacom.com
+55 11 3816 3922