The liquidity of preference shares in Duratex improved during the year when compared to 2007. A total of 255,493 trades were made on the spot market – compared with 152,405 in 2007, involving more than 157.8 million preferred shares (138.1 million in 2007), equivalent to a financial volume of R$4.6 billion. The average daily trading volume was R$18.3 million, and this level of liquidity ensured that the preferred shares in Duratex remained part of the main market indices.

Duratex shares were included in the Bovespa’s Business Sustainability Index (ISE) in 2008. This index is made up of the shares of companies that are outstanding in applying the international concept of sustainability that evaluates, in an integrated manner, social, environmental and economic-financial aspects – put into in practice in terms of corporate governance, business characteristics and the nature of the product. The evaluation methodology, developed by the Center for Studies in Sustainability at the School for Business Administration in São Paulo, which is attached to the Getúlio Vargas Foundation (FGV-EAESP), was applied to 51 companies, the shares in which are among the most traded on the BOVESPA. The ISE Council, which evaluated and defined the composition of the index, is made up of representatives of important associations and union entities, such as Abrapp, Apimec, Anbid, IBGC, the Ethos Institute, IFC, PNUMA (UN), as well as the BM&FBovespa and the Ministry of the Environment, and is valid for a period of one year starting December 1, 2008.