XMM iShares MSCI Min Vol Emerging Markets Index ETF

MMX Minera��o e Met�licos S.A. (�MMX� or the �Company�) (BOVESPA:MMXM3) (TSX:XMM) pursuant to article 157 of Law 6,404/76 and CVM Instruction 358/02, hereby announces that, at the Company�s Extraordinary Shareholders� Meeting, held on July 23, 2007, the shareholders of the Company present at the Meeting unanimously and with no restrictions, approved to split the Company�s common shares in the proportion of 2 (two) shares for each 1 (one) existing share. The Company�s shareholders registered as of July 30, 2007 will be entitled to receive the shares resulting from such split. The shares will commence trading �ex-split� from July 31, 2007. Each share of the Company�s capital stock, under the Global Depositary Receipt program (�GDR�), will continue to be equivalent to 20 (twenty) GDRs. For additional information please contact ri@mmx.com.br. Rio de Janeiro, July 23, 2007. � Luiz Rodolfo Landim Machado Executive President and Investor Relations Officer MMX Minera��o e Met�licos S.A.