Eternit S.A. Announces Payment to Shareholders

Oct 21, 2010, 19:47 ET from Eternit S.A.

SAO PAULO, Oct. 21/PRNewswire/ -- Eternit S.A. (BM&FBOVESPA: ETER3; OTC: ETNTY), a company with 70 years of activity and the market leader in the segments of roof covering, panels and cement slabs, announces to Shareholders that at a Board of Directors meeting held on October 21, 2010, was deliberated the payment, starting on November 16, 2010, of the following amounts, taking in account the results of the third quarter, 2010:

1) Interest on shareholders' equity, amounting to R$ 5,547,179.31 (five million, five hundred and forty-seven thousand, one hundred and seventy-nine reais and thirty-one cents), which corresponds to R$ 0.062 per share. The payment of the interest on shareholders' equity will be added to the mandatory minimum dividends of the fiscal year 2010.

2) Dividends, amounting to R$ 12,346,947.49 (twelve million, three hundred and forty-six thousand, nine hundred and forty-seven reais and forty-nine cents), which correspond to R$ 0.138 per share.

The Shareholders with shares held by the Company on November 3, 2010, will be entitled to receive payment. Negotiation involving the Company's shares as of and including November 4, 2010 will be on "ex- dividends and interest on shareholders' equity."

Income taxes will be deducted from the interest on the shareholders' equity amount, according to Brazilian Law, except for exempt or immune shareholders, whose condition should be proved up to the starting payment day.


Elio A. Martins

Investor Relations Director

Rodrigo Lopes da Luz

Barbara M. Tanure Goncalves

Telephone: (55-11) 3813-6034

SOURCE Eternit S.A.