OREANDA-NEWS. The shareholders of PARANAPANEMA S.A. are hereby called to convene for the Annual General Meeting to be held on April 5, 2013 at 10 a.m. at the Company’s head office, located at Via do Cobre n° 3.700 - West Industrial Area - Cama^ari Petroquimical Complex in the city of Dias D’Avila, state of Bahia, Zip Code 42850-000, in order to deliberate on the following of the agenda:

Appraisal of the accounts from the Administration, discussion and voting on the Financial Statements, accompanied by the Annual Report and Independent Auditors’ Report relating to the fiscal year ending on December 31, 2012 and evaluating the corresponding results;

Ratification of replacement of the substitute members of the Board of Directors (Paragraph 10 of Article 12 of the Company's By-laws);

Determination of the compensation of the Board of Directors and Executive Board members for the period of 2013 fiscal year;

Election to the Fiscal Counsel members for the period of 2013 fiscal year and determination of its compensation.

To be admitted into the AGM, the Shareholders must bear the following documents: (i) identification (ii) proxy for those shareholders being represented by an agent (iii); statement containing their respective shareholding, issued by the appropriate body; (iv) proof of proxy in the case of legal persons and investment funds.