MATERIAL FACT

Curitiba, Brazil, January 24, 2013 - ALL - AMÉRICA LATINA LOGÍSTICA S.A. ("Company"), pursuant to article 12 of CVM Instruction 358/2002, hereby informs its shareholders and the market in general that, in regard to the article entitled Acerto com fundos põe Cosan na ALL (Agreement with funds puts Cosan in ALL), published in today's edition of the newspaper Valor Econômico, according to information provided to the Company by the shareholders Riccardo Arduini, Julia Dora Koranyi Arduini and GMI - Global Market Investments, discussions with the remaining signatories to the Shareholders' Agreement are proceeding, but with no definitive fact or agreement until now.

The Company will keep its shareholders and the market informed of any further developments regarding the above issue.

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Rodrigo Barros de Moura Campos

Chief Financial and Investor Relations Officer

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