OREANDA-NEWS. December 7, 2011. The shareholders of the Company are hereby invited to attend the Extraordinary General Meeting to be held on December 22, 2011, at the Company's headquarters in the City of Sao Paulo, State of Sao Paulo, at Rua Iguatemi, 151 - 6th floor, at 10 a.m. to resolve on the following matters:

Adhesion to the special listing segment at BM&FBOVESPA S.A. - Bolsa de Valores, Mercadorias e Futuros, denominated Level 2 of Corporate Governance;

To amend the Company's Bylaws to: (a) adjust the writing of some articles; (b) to adapt the text to the Corporate Governance Level 2 Listing Rules from BM&FBOVESPA S.A. - Bolsa de Valores, Mercadorias e Futuros; (c) to add two positions to the Executive Board, that will remain currently vacant; and (d) to reflect the new paid-up capital of the Company; and

To amend Stock Options Plans II and III approved at the Extraordinary General Meeting of April 29, 2011 to delegate the decision on the vesting term of the granted options to the Remuneration Committee and to adjust the item that establishes the exercise price.

General Information:

the documents related to the matters to be reviewed and resolved on the General Meeting are available to the shareholders, at the Company's headquarters, in the Company's Investor Relations webpage (www.indusval.com.br/ir) and in the Brazilian Securities Commission (CVM) webpage (www.cvm.gov.br): and

To attend the General Meeting called herein; the shareholders or their authorized representatives shall observe the provisions of article 126 of Law 6404/76 and article 9, paragraph 4 of the Company's Bylaws.