Filed by Cosan Limited
Pursuant to Rule 425 of the U.S. Securities Act of 1933, as amended
Subject of the offer: Cosan S.A. Indústria e Comércio
Commission File Number: 333-147235
 
                   
     
     
COSAN LIMITED
 
COSAN S.A. INDÚSTRIA E COMÉRCIO
CVM no. 80071
 
Tax Enrollment no: 50.746.577/0001-15
Tax Enrollment No:  08.887.330/0001-52
 
N.I.R.E. 35.300.177.045
   
Public Traded Company
 
CVM Confirms COSAN Request for the Extension of the Exchange Offer

São Paulo, April 8th, 2008 - Cosan Limited (“Cosan Limited”) announces that the Comissão de Valores Mobiliários (“CVM”), the Brazilian securities commission, has not objected to the request filed with the CVM for an extension of the expiration date and the postponement of the auction date in connection with Cosan Limited’s offer to exchange up to all of the common shares issued by its subsidiary Cosan S.A. (“Cosan”) for class A common shares, Brazilian Depositary Receipts representing class A common shares, or class B series 2 common shares of Cosan Limited, pursuant to the terms of the public announcement of the exchange offer published on March 6, 2008 (the “Announcement”), given that the auction will be held within the maximum term of 45 days, counted from the publication of the Announcement.

The revised schedule for the exchange offer is as follows, and all other conditions of the exchange offer, as described in the Announcement, remain unchanged:

Event
New Date
Submission Deadline
5:00 P.M. New York Time (6:00 P.M. São Paulo Time) on April 11, 2008
Expiration Date
5:00 P.M. New York Time (6:00 P.M. São Paulo Time) on April 17, 2008
Auction Date
3:00 p.m., New York time (4:00 p.m. São Paulo time) on April 18, 2008


The registration statement on Form F-4, which has been filed with the U.S. Securities and Exchange Commission (“SEC”) to register Cosan Limited shares to be issued in the proposed exchange offer, and the related prospectus contain important information about Cosan Limited, Cosan, the exchange offer and related matters.  Cosan Limited has also filed, and intends to continue to file, additional relevant materials with the SEC.  Investors will be able to obtain copies of the offering document and other documents from the SEC’s Public Reference Room at 100 F Street N.E., Washington D.C., 20549.  Please call the SEC at 1-800-SEC-0330 for further information on the Public Reference Room.  The documents may also be obtained from the website maintained by the SEC at http://www.sec.gov, which contains reports and other information regarding registrants that file electronically with the SEC.  Cosan
 
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Limited has also filed certain documents with the Comissão de Valores Mobiliários, the Brazilian securities commission, which are available on the CVM’s website at http://www.cvm.gov.br.  YOU ARE URGED TO READ THE REGISTRATION STATEMENT ON FORM F-4 AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, INCLUDING THE PROSPECTUS, BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE EXCHANGE OFFER.


About COSAN S.A.

COSAN is one of the largest producers of sugar and ethanol in the world. With a crushing capacity of around 40 million tonnes of sugar cane, the Company holds over 8% of the local market.

CONTACT: COSAN S.A. Indústria e Comércio
Investor Relations (IR)

Paulo Diniz, CFO and Investor Relations Officer
Luiz Felipe Jansen Mello, Investor Relations Manager
Tel: (11) 3897-9797
e-mail: ri@cosan.com.br
website: www.cosan.com.br/ir

Media Relations
Máquina da Notícia
Press Office
Tel: (11) 3147-7900

This release contains forward-looking statements relating to the prospects of the business, estimates for operating and financial results, and those related to growth prospects of COSAN. These are merely projections and, as such, are based exclusively on the expectations of COSAN’s management concerning the future of the business and its continued access to capital to fund the Company’s business plan. Such forward-looking statements depend, substantially, on changes in market conditions, government regulations, competitive pressures, the performance of the Brazilian economy and the industry, among other factors and risks disclosed in COSAN’s filed disclosure documents and are, therefore, subject to change without prior notice.
 
 
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