The complaint seeks damages for violations of federal securities laws onbehalf of all investors who purchased Sadia S.A. American DepositoryReceipts (ADRs) and/or common stock between May 1, 2008 through September26, 2008, inclusive (the "Class Period"). Sadia is a producer and marketerof food products and exports their products throughout the world.

During the Class Period, Sadia entered into undisclosed currency derivativecontracts to purportedly hedge against the Company's U.S. dollar exposure.The Company characterized the amounts of these contracts as "nominal."However, these contracts violated Company policy in that they were farlarger than necessary to hedge normal business operations and resulted in aloss of $365 million. As a result of Defendants' admission of violatingCompany policy regarding currency hedging, the American Depository Receiptsof Sadia S.A. closed at $9.50 per share, down from the previous day's closeof $15.27, a decline of 38%.

You may obtain a copy of the complaint from the Court, by contacting SaxenaWhite P.A. through its website www.saxenawhite.com, by emailingjwhite@saxenawhite.com or gstone@saxenawhite.com, or by calling (561)394-3399.

If you acquired the American Depository Receipts and/or common stock ofSadia S.A. between May 1, 2008 and September 26, 2008, inclusive, you maywish to contact Joe White or Greg Stone at Saxena White P.A. to discussyour rights and interests.

If you wish to apply to be the lead plaintiff in this action, a motion onyour behalf must be filed with the court no later than January 5, 2009. Youmay contact Saxena White P.A. to discuss your rights regarding theappointment of lead plaintiff and your interest in the class action.Please note that you may also retain counsel of your choice and need nottake any action at this time to be a class member.

Saxena White P.A., which has offices in Boca Raton and Boston, specializesin prosecuting securities fraud and complex class actions on behalf ofinstitutions and individuals. Currently serving as lead counsel innumerous securities fraud class actions nationwide, the firm has recoveredmillions of dollars on behalf of injured investors and is active in majorlitigation pending in federal and state courts throughout the UnitedStates.

Contacts:Joseph E. White, IIIEmail ContactGreg StoneEmail ContactSaxena White P.A.2424 North Federal HighwaySuite 257Boca Raton, FL 33431Tel: (561) 394-3399Fax: (561) 394-3382www.saxenawhite.com