<SEC-DOCUMENT>0001193125-18-242023.txt : 20180808
<SEC-HEADER>0001193125-18-242023.hdr.sgml : 20180808
<ACCEPTANCE-DATETIME>20180808080559
ACCESSION NUMBER:		0001193125-18-242023
CONFORMED SUBMISSION TYPE:	F-4/A
PUBLIC DOCUMENT COUNT:		4
FILED AS OF DATE:		20180808
DATE AS OF CHANGE:		20180808

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Suzano Papel e Celulose S.A.
		CENTRAL INDEX KEY:			0000909327
		STANDARD INDUSTRIAL CLASSIFICATION:	PAPER MILLS [2621]
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		F-4/A
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-226596
		FILM NUMBER:		18999863

	BUSINESS ADDRESS:	
		STREET 1:		AV. PROFESSOR MAGALHAES NETO, 1,752
		STREET 2:		10TH FLOOR, ROOMS 1010 AND 1011
		CITY:			SALVADOR - BA
		STATE:			D5
		ZIP:			41 810-012
		BUSINESS PHONE:		551198896708

	MAIL ADDRESS:	
		STREET 1:		AV. BRIGADEIRO FARIA LIMA, 1,355
		STREET 2:		8TH FLOOR
		CITY:			PINHEIROS, SAO PAULO - SP
		STATE:			D5
		ZIP:			01 452-919

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COMPANHIA SUZANO DE PAPEL E CELULOSE                    /FI
		DATE OF NAME CHANGE:	19930719
</SEC-HEADER>
<DOCUMENT>
<TYPE>F-4/A
<SEQUENCE>1
<FILENAME>d584285df4a.htm
<DESCRIPTION>F-4/A
<TEXT>
<HTML><HEAD>
<TITLE>F-4/A</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">


<Center><DIV STYLE="width:8.5in" align="left">
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>As submitted to the Securities and Exchange Commission on August&nbsp;8, 2018.
</B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Registration Statement <FONT STYLE="white-space:nowrap">No.&nbsp;333-226596</FONT> </B></P>
<P STYLE="font-size:4pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>UNITED STATES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Washington, D.C. 20549 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>  <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>Amendment
No.&nbsp;1 </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>to </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>FORM <FONT STYLE="white-space:nowrap">F-4</FONT> </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>Registration Statement </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B><I>Under </I></B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B><I>the
Securities Act of 1933 </I></B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B>SUZANO PAPEL E CELULOSE S.A. </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Exact Name of Registrant as Specified in its Charter) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>SUZANO PAPER
AND PULP INC. </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Translation of Registrant&#146;s Name into English) </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>Federative Republic of Brazil</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>2621</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>Not Applicable</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(State or Other Jurisdiction of</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Incorporation or Organization)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Primary Standard Industrial</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Classification Code Number)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(I.R.S. Employer</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Identification No.)</B></P></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Av. Professor Magalhaes Neto, 1,752 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>10th Floor, Rooms 1010 and 1011 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Salvador, Brazil 41 <FONT STYLE="white-space:nowrap">810-012</FONT> </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Telephone: +55 11 3503-9000 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Address, including zip code, and telephone number, including area code, of Registrant&#146;s principal executive offices) </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Suzano Pulp and Paper America, Inc. </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>800, Corporative Drive, Suite 320 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Fort Lauderdale, Florida, 33334 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>United States </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Telephone:
(954) <FONT STYLE="white-space:nowrap">772-7716</FONT> </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Name, address, including zip code, and telephone number, including area code,
of agent of service) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:0pt;margin-bottom:0pt;page-break-before:always"></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><I>Copies to: </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Juan G. Gir&aacute;ldez, Esq. </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Nicolas Grabar, Esq. </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Cleary Gottlieb Steen&nbsp;&amp; Hamilton LLP </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>One Liberty Plaza </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>New
York, New York 10006 </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(212) <FONT STYLE="white-space:nowrap">225-2000</FONT> </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Approximate date of commencement of proposed sale of the securities to the public: <B>As soon as practicable after the effective date of this Registration
Statement. </B> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act,
check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.&nbsp;&#9744; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the
Securities Act registration statement number of the earlier effective registration statement for the same offering. &#9744; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If
applicable, place an X in the box to designate the appropriate rule provision relied upon in conducting this transaction: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Exchange Act
Rule <FONT STYLE="white-space:nowrap">13e-4(i)</FONT> (Cross-Border Issuer Tender Offer)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &#9744; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Exchange Act Rule <FONT STYLE="white-space:nowrap">14d-1(d)</FONT> (Cross-Border Third-Party Tender
Offer)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9744; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Indicate by check mark whether
the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Emerging growth company
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&#9744; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if
the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards&#134; provided pursuant to Section&nbsp;7(a)(2)(B) of the Securities Act.&nbsp;&#9744; </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>CALCULATION OF REGISTRATION FEE </B></P> <P STYLE="font-size:4pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="22%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="18%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="18%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="17%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="16%"></TD></TR>


<TR STYLE="font-size:1px; ">
<TD COLSPAN="9" VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-TOP:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Title of each class of</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>securities to be registered</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-TOP:1px solid #000000"><B>Amount to be<BR>registered</B></TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-TOP:1px solid #000000"><B>Proposed<BR>maximum<BR>offering price per<BR>share</B></TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-TOP:1px solid #000000"><B>Proposed<BR>maximum<BR>aggregate offering<BR>price(1)</B></TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-TOP:1px solid #000000"><B>Amount of<BR>registration fee</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Common shares, no par value(2)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-TOP:1px solid #000000">255,081,014</TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-TOP:1px solid #000000">US$13.64</TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-TOP:1px solid #000000">US$3,478,355,521.02</TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-TOP:1px solid #000000">US$433,055.26</TD></TR>
<TR STYLE="font-size:1px; ">
<TD COLSPAN="9" VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1px; ">
<TD COLSPAN="9" VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD></TR>
</TABLE> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Notes: </P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Pursuant to Rule 457(f) under the Securities Act, and solely for purposes of calculating the registration fee,
the proposed maximum aggregate offering price has been calculated based on the number of Fibria shares outstanding and (a)&nbsp;the proposed cash consideration per Fibria share and (b)&nbsp;the market value of the proposed share consideration per
Fibria share determined in accordance with Rule 457(c), in each case translated to U.S. dollars using the exchange rate as of August&nbsp;2, 2018. The registration fee was paid in full by Suzano Papel e Celulose S.A. in connection with its
Registration Statement on Form F-4 (File No. 333-226596) filed on August 6, 2018. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">American depositary shares (&#147;<U>ADSs</U>&#148;) representing the Suzano Shares (&#147;<U>Suzano
ADSs</U>&#148; and, together with the Suzano Shares, the &#147;<U>Suzano Securities</U>&#148;) registered hereby are registered pursuant to a separate Registration Statement on Form F6 (File
<FONT STYLE="white-space:nowrap">No.&nbsp;333-198020).</FONT> </P></TD></TR></TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>The
registrant hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until the registrant shall file a further amendment which specifically states that this registration statement shall
thereafter become effective in accordance with Section&nbsp;8(a) of the Securities Act, as amended, or until the registration statement shall become effective on such date as the Securities and Exchange Commission, acting pursuant to said
Section&nbsp;8(a), may determine. </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>
</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>EXPLANATORY NOTE </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This Amendment No.&nbsp;1 to the Registration Statement on Form <FONT STYLE="white-space:nowrap">F-4</FONT> (File <FONT
STYLE="white-space:nowrap">No.&nbsp;333-226596)</FONT> is being filed solely for the purpose of <FONT STYLE="white-space:nowrap">re-filing</FONT> Exhibit 5.1 to such Registration Statement as indicated in Item 21 of Part II. No change is made to the
preliminary prospectus constituting Part I of this Registration Statement or Items 20 or 22 of Part II of this Registration Statement. Accordingly, the preliminary prospectus constituting Part I of this Registration Statement has not been included
herein. </P>
</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>PART II </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>INFORMATION NOT REQUIRED IN THE PROSPECTUS </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%" VALIGN="top" ALIGN="left"><B>Item&nbsp;20.</B></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Indemnification of Directors and Officers </B></P></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Neither the laws of Brazil nor the bylaws of Suzano provide for indemnification of any controlling persons, directors or officers of Suzano.
However, Suzano&#146;s directors and officers benefit from insurance against civil liabilities, including civil liabilities in connection with the registration, offering and sale of the Suzano Shares. </P>
<P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%" VALIGN="top" ALIGN="left"><B>Item&nbsp;21.</B></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Exhibits and Financial Statement Schedules </B></P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><B>(a)</B></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Exhibits </B></P></TD></TR></TABLE>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Exhibit</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman; " ALIGN="center"><B>Number</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman; " ALIGN="center"><B>Description of
Document</B></P></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>2.1<SUP STYLE="font-size:85%; vertical-align:top"><FONT STYLE="font-size:6.5pt">&#945;</FONT></SUP></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><A HREF="http://www.sec.gov/Archives/edgar/data/909327/000119312518228624/d579845d425.htm">English translation of the Merger Agreement dated as of July&nbsp;26, 2018, by and among Fibria, Holding and Suzano. </A></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>2.2*</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><A HREF="http://www.sec.gov/Archives/edgar/data/909327/000090342318000174/suzano425_0321.htm">English translation of the Voting Agreement dated as of March&nbsp;
15, 2018, by and among the Suzano Controlling Shareholders, the Fibria Controlling Shareholders and Suzano. </A></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>3.1<SUP STYLE="font-size:85%; vertical-align:top"><FONT STYLE="font-size:6.5pt">&#134;</FONT></SUP></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><A HREF="http://www.sec.gov/Archives/edgar/data/909327/000119312518238897/d584285dex31.htm">English translation of the bylaws of Suzano dated as of September&nbsp;29, 2017. </A></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>3.2<SUP STYLE="font-size:85%; vertical-align:top"><FONT STYLE="font-size:6.5pt">&#134;</FONT></SUP></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><A HREF="http://www.sec.gov/Archives/edgar/data/909327/000119312518238897/d584285dex32.htm">English translation of the bylaws of Fibria dated as of April&nbsp;28, 2015. </A></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>5.1</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><A HREF="d584285dex51.htm">Opinion of Cescon, Barrieu, Flesch&nbsp;&amp; Barreto Advogados as to the validity under Brazilian law of the common shares issued by Suzano. </A></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>10.1*</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><A HREF="http://www.sec.gov/Archives/edgar/data/909327/000090342318000174/suzano425_0321.htm">English translation of the BNDESPAR Shareholders Agreement dated as of March&nbsp;
15, 2018, by and among the Suzano Controlling Shareholders, BNDESPAR and Suzano. </A></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>10.2<SUP STYLE="font-size:85%; vertical-align:top"><FONT STYLE="font-size:6.5pt">&#134;</FONT></SUP></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><A HREF="http://www.sec.gov/Archives/edgar/data/909327/000119312518238897/d584285dex102.htm">English translation of the Suzano Shareholders&#146; Agreement dated as of September&nbsp;
28, 2017, by and among the Suzano Controlling Shareholders. </A></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>10.3<SUP STYLE="font-size:85%; vertical-align:top"><FONT STYLE="font-size:6.5pt">&#134;</FONT></SUP></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><A HREF="http://www.sec.gov/Archives/edgar/data/909327/000119312518238897/d584285dex103.htm">English translation of the Suzano Share Transfer Agreement dated as of September&nbsp;
28, 2017, by and among certain of the Suzano Controlling Shareholders. </A></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>16.1<SUP STYLE="font-size:85%; vertical-align:top"><FONT STYLE="font-size:6.5pt">&#134;</FONT></SUP></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><A HREF="http://www.sec.gov/Archives/edgar/data/909327/000119312518238897/d584285dex161.htm">Letter from KPMG Auditores Independentes. </A></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>21.1<SUP STYLE="font-size:85%; vertical-align:top"><FONT STYLE="font-size:6.5pt">&#134;</FONT></SUP></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><A HREF="http://www.sec.gov/Archives/edgar/data/909327/000119312518238897/d584285dex211.htm">List of Subsidiaries of Suzano. </A></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>23.1<SUP STYLE="font-size:85%; vertical-align:top"><FONT STYLE="font-size:6.5pt">&#134;</FONT></SUP></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><A HREF="http://www.sec.gov/Archives/edgar/data/909327/000119312518238897/d584285dex231.htm">Consent of KPMG Auditores Independentes. </A></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>23.2<SUP STYLE="font-size:85%; vertical-align:top"><FONT STYLE="font-size:6.5pt">&#134;</FONT></SUP></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><A HREF="http://www.sec.gov/Archives/edgar/data/909327/000119312518238897/d584285dex232.htm">Consent of PricewaterhouseCoopers Auditores Independentes with respect to the consolidated financial statements of Suzano. </A></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>23.3<SUP STYLE="font-size:85%; vertical-align:top"><FONT STYLE="font-size:6.5pt">&#134;</FONT></SUP></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><A HREF="http://www.sec.gov/Archives/edgar/data/909327/000119312518238897/d584285dex233.htm">Consent of PricewaterhouseCoopers Auditores Independentes with respect to the consolidated financial statements of Fibria. </A></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>23.4</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><A HREF="d584285dex51.htm">Consent of Cescon, Barrieu, Flesch&nbsp;&amp; Barreto Advogados (included in Exhibit&nbsp;5.1). </A></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>24.1<SUP STYLE="font-size:85%; vertical-align:top"><FONT STYLE="font-size:6.5pt">&#134;</FONT></SUP></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><A HREF="http://www.sec.gov/Archives/edgar/data/909327/000119312518238897/d584285df4.htm#toc584285_37">Powers of Attorney. </A></TD></TR>
</TABLE>  <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">*</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Incorporated</B> herein by reference to the Rule 425 filing on March&nbsp;22, 2018. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#945;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Incorporated</B> herein by reference to the Rule 425 filing on July&nbsp;27, 2018. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><SUP STYLE="font-size:85%; vertical-align:top"><FONT STYLE="font-size:6.5pt">&#134;</FONT></SUP></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Previously filed. </P></TD></TR></TABLE>
</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><B>(b)</B></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Financial Statement Schedules </B></P></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">All schedules have been omitted because they are not required, are not applicable or the information is otherwise set forth in the consolidated
financial statements and related notes thereto of Suzano and Fibria. </P> <P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%" VALIGN="top" ALIGN="left"><B>Item&nbsp;22.</B></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Undertakings </B></P></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The undersigned registrant hereby undertakes: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">To file, during any period in which offers or sales are being made, a post-effective amendment to this
registration statement: </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="8%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">To include any prospectus required by Section&nbsp;10(a)(3) of the Securities Act of 1933;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="8%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">To reflect in the prospectus any facts or events arising after the effective date of the registration statement
(or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in
volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus
filed with the SEC pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than 20% change in the maximum aggregate offering price set forth in the &#147;Calculation of Registration Fee&#148; table in the
effective registration statement; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="8%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">To include any material information with respect to the plan of distribution not previously disclosed in the
registration statement or any material change to such information in the registration statement; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective
amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial <I>bona fide </I>offering thereof; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">To remove from registration by means of a post-effective amendment any of the securities being registered which
remain unsold at the termination of the offering; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">To file a post-effective amendment to the registration statement to include any financial statements required
by Item 8.A. of Form <FONT STYLE="white-space:nowrap">20-F</FONT> at the start of any delayed offering or throughout a continuous offering. Financial statements and information otherwise required by Section&nbsp;10(a)(3) of the Securities Act of
1933 need not be furnished provided, that the registrant includes in the prospectus, by means of a post-effective amendment, financial statements required pursuant to this paragraph (a)(4) and other information necessary to ensure that all other
information in the prospectus is at least as current as the date of those financial statements. Notwithstanding the foregoing, a post-effective amendment need not be filed to include financial statements and information required by
Section&nbsp;10(a)(3) of the Securities Act of 1933 or Item 8.A. of Form <FONT STYLE="white-space:nowrap">20-F</FONT> if such financial statements and information are contained in periodic reports filed with or furnished to the SEC by the registrant
pursuant to Section&nbsp;13 or Section&nbsp;15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in this registration statement; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(e)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">For purposes of determining any liability under the Securities Act, the information omitted from the form of
prospectus filed as part of this registration statement in reliance upon Rule 430A and contained in a form of prospectus filed by the registrant pursuant to Rule 424(b)&nbsp;(1) or (4) or 497(h) under the Securities Act shall be deemed to be part of
this registration statement as of the time it was declared effective. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(f)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">For the purpose of determining any liability under the Securities Act, each post-effective amendment that
contains a form of prospectus shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial <I>bona fide </I>offering thereof<SUP
STYLE="font-size:85%; vertical-align:top"> </SUP>; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(g)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">That, for the purpose of determining liability of the registrant under the Securities Act of 1933 to any
purchaser in the initial distribution of the securities, the undersigned registrant undertakes that in a primary offering of securities of the undersigned registrant pursuant to this registration statement, regardless of the underwriting method used
to sell the securities to the purchaser, if the securities are offered or sold to such purchaser by means of any of the following communications, the undersigned registrant will be a seller to the purchaser and will be considered to offer or sell
such securities to such purchaser: </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="8%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Each prospectus required to be filed pursuant to Rule 424(b)(2), (b)(5), or (b)(7) as part of the registration
(i)&nbsp;any preliminary prospectus or prospectus of the undersigned registrant relating to the offering required to be filed pursuant to Rule 424; </P></TD></TR></TABLE>
</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="8%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any free writing prospectus relating to the offering prepared by or on behalf of the undersigned registrant or
used or referred to by the undersigned registrant; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="8%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the portion of any other free writing prospectus relating to the offering containing material information about
the undersigned registrant or its securities provided by or on behalf of the undersigned registrant; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="8%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(4)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any other communication that is an offer in the offering made by the undersigned registrant to the purchaser.
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(h)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">That prior to any public reoffering of the securities registered hereunder through use of a prospectus which is
a part of this registration statement, by any person or party who is deemed to be an underwriter within the meaning of Rule 145(c), the issuer undertakes that such reoffering prospectus will contain the information called for by the applicable
registration form with respect to reofferings by persons who may be deemed underwriters, in addition to the information called for by the other Items of the applicable form. </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(i)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">That every prospectus (i)&nbsp;that is filed pursuant to paragraph (h)(1) immediately preceding, or
(ii)&nbsp;that purports to meet the requirements of section 10(a)(3) of the Act and is used in connection with an offering of securities subject to Rule 415, will be filed as a part of an amendment to the registration statement and will not be used
until such amendment is effective, and that, for purposes of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered
therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(j)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">To respond to requests for information that is incorporated by reference into the prospectus pursuant to Items
4, 10(b), 11, or 13 of this Form, within one business day of receipt of such request, and to send the incorporated documents by first class mail or other equally prompt means, and (ii)&nbsp;to arrange or provide for a facility in the United States
for the purpose of responding to such requests. The undertaking in this paragraph includes information contained in documents filed subsequent to the effective date of the registration statement through the date of responding to the request.
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(k)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">To supply by means of a post-effective amendment all information concerning a transaction and the company being
acquired involved therein, that was not the subject of and included in the registration statement when it became effective. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(l)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">That insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to
directors, officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public
policy as expressed in the Securities Act of 1933 and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer
or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the
opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the
final adjudication of such issue. </P></TD></TR></TABLE>
</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>SIGNATURES OF SUZANO PAPEL E CELULOSE S.A. </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Act of 1933, the registrant has duly caused this amendment no. 1 to the registration statement
to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of S&atilde;o Paulo, Brazil, on August&nbsp;8, 2018. </P>  <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">SUZANO PAPEL E CELULOSE S.A.</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">By:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Walter Schalka</P></TD></TR></TABLE></DIV>
<DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="99%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;Name: WALTER SCHALKA</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;Title: Chief Executive Officer</TD></TR>
</TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">By:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Marcelo Feriozzi Bacci</P></TD></TR>
</TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="99%"></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;Name: MARCELO FERIOZZI BACCI</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;Title: Chief Financial Officer and Investor</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;Relations Director</P></TD></TR>
</TABLE></DIV>
</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
  <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Act of 1933, this amendment no. 1 to the
registration statement has been signed by the following persons in the capacities indicated in respect of Suzano Papel e Celulose S.A. on August&nbsp;8, 2018. </P>  <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD WIDTH="37%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="44%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="15%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman; " ALIGN="center"><B>Signature</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman; " ALIGN="center"><B>Title</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman; " ALIGN="center"><B>Date</B></P></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman" ALIGN="center">*</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" align="left">WALTER SCHALKA</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="middle"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Chief Executive Officer</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center">August&nbsp;8, 2018</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Marcelo Feriozzi Bacci</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">MARCELO FERIOZZI BACCI</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="middle"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Chief Financial Officer and Investor Relations Director</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center">August&nbsp;8, 2018</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman" ALIGN="center">*</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" align="left">DANIEL NASCIMENTO</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="middle"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Principal Accounting Officer</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center">August&nbsp;8, 2018</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman" ALIGN="center">*</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" align="left">DAVID FEFFER</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="middle"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">President of Board of Directors</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center">August&nbsp;8, 2018</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman" ALIGN="center">*</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" align="left">CLAUDIO THOMAZ LOBO SANDER</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="middle"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Vice-President of Board of Directors</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center">August&nbsp;8, 2018</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman" ALIGN="center">*</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" align="left">DANIEL FEFFER</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="middle"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Vice-President of Board of Directors</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center">August&nbsp;8, 2018</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman" ALIGN="center">*</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" align="left">ANTONIO DE SOUZA CORREA MEYER</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="middle"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Member of Board of Directors</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center">August&nbsp;8, 2018</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman" ALIGN="center">*</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" align="left">JORGE FEFFER</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="middle"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Member of Board of Directors</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center">August&nbsp;8, 2018</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman" ALIGN="center">*</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" align="left">NILDEMAR SECCHES</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="middle"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Member of Board of Directors</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center">August&nbsp;8, 2018</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman" ALIGN="center">*</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" align="left">RODRIGO KEDE DE FREITAS LIMA</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="middle"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Member of Board of Directors</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center">August&nbsp;8, 2018</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman" ALIGN="center">*</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" align="left">MARIA PRISCILA RODINI VANSETTI MACHADO</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="middle"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Member of Board of Directors</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center">August&nbsp;8, 2018</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman" ALIGN="center">*</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" align="left">SUZANO PULP AND PAPER AMERICA, INC.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="middle"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Authorized Representative in the United States</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center">August&nbsp;8, 2018</TD></TR>
</TABLE>  <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD WIDTH="10%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="88%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">*&nbsp;By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Marcelo Feriozzi Bacci</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Name: MARCELO FERIOZZI BACCI</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Title: <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Attorney-in-Fact</FONT></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Pursuant to powers of attorney previously filed</TD></TR>
</TABLE>
</DIV></Center>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-5.1
<SEQUENCE>2
<FILENAME>d584285dex51.htm
<DESCRIPTION>EX-5.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-5.1</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 5.1 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt;margin-bottom:0pt">


<IMG SRC="g584285graphic2.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">S&atilde;o Paulo, August&nbsp;8, 2018 </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">To:<B> </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Suzano Papel e Celulose S.A.</B> </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Av. Professor Magalhaes Neto, 1,752 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">10th Floor, Rooms 1010 and
1011&nbsp;&nbsp;&nbsp;&nbsp; </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><FONT STYLE="white-space:nowrap">41810-012</FONT> Salvador, Bahia </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Brazil </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>RE: Suzano Papel e Celulose S.A.
Registration Statement Form <FONT STYLE="white-space:nowrap">F-4</FONT> </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Ladies and Gentlemen: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have acted as special Brazilian counsel to Suzano Papel e Celulose S.A. (&#147;<U>Company</U>&#148; or &#147;<U>Suzano</U>&#148;) in
connection with its Form <FONT STYLE="white-space:nowrap">F-4</FONT> registration statement with the Securities and Exchange Commission (&#147;<U>SEC</U>&#148;) filed on August&nbsp;6, 2018, as amended by the Amendment No.&nbsp;1 filed with the SEC
on August&nbsp;8, 2018 (&#147;<U>Registration Statement</U>&#148;), relating to the vote by holders of shares (including the shares underlying the ADSs) of Fibria Celulose S.A. (&#147;<U>Fibria</U>&#148;) at an extraordinary general
shareholders&#146; meeting of Fibria (&#147;<U>Fibria</U><U> Extraordinary General Shareholders</U><U>&#146;</U><U> Meeting</U>&#148;), at which such shareholders will be asked to consider and vote upon a proposal to approve a business combination
of Fibria and the Company, as contemplated by the terms and conditions agreed by the controlling shareholders of Fibria and the controlling shareholders of Suzano under the Voting Agreement dated March&nbsp;15, 2018 (the &#147;<U>Voting
Agreement</U>&#148;), and by Fibria and Suzano under the Merger Agreement (as defined below), pursuant to which Fibria will become a wholly owned subsidiary of Suzano (the &#147;<U>Merger</U>&#148;). All capitalized terms used but not otherwise
defined in this opinion have the meaning given to such terms in the Registration Statement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">A merger agreement (<I>Protocolo e
Justifica&ccedil;&atilde;o de Incorpora&ccedil;&atilde;o das A&ccedil;&otilde;es de Emiss&atilde;o da Fibria pela Eucalipto Holdings S.A., Seguida da Incorpora&ccedil;&atilde;o da Eucalipto Holdings S.A. pela Suzano Papel e Celulose</I>) was entered
into by the Company, Fibria and Eucalipto Holdings S.A. (&#147;<U>Holding</U>&#148;) on July&nbsp;26, 2018 (the &#147;<U>Merger Agreement</U>&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to the Merger Agreement, upon the completion of the Merger and subject to the withdrawal rights described in the Registration
Statement, holders of Fibria Shares </P>
</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="right">


<IMG SRC="g584285graphic3.jpg" ALT="LOGO">
 </P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
will receive 0.4611 Suzano Shares (the &#147;<U>New Suzano Shares</U>&#148;) and R$ 52.50 for each Fibria Share they hold (as adjusted prior to the Closing Date as described in the Registration
Statement), plus cash in exchange for any fractional New Suzano Shares. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Fibria Extraordinary General Shareholders&#146; Meeting will
be called for the holders of Fibria Shares to consider and vote upon, among other matters: (i)&nbsp;the approval of the Merger, pursuant to which Fibria will become a wholly owned subsidiary of Suzano, as provided for in the Merger Agreement;
(ii)&nbsp;the approval of the terms and conditions of the Merger Agreement; (iii)&nbsp;the approval of the waiver of a mandatory tender offer as provided for by article 33 of the bylaws of Fibria; and (iv)&nbsp;the authorization for the subscription
by Fibria&#146;s executive officers on behalf of Fibria&#146;s shareholders of new shares to be issued by Holding, as well as any additional actions required to implement the Merger Agreement and the Merger (the &#147;<U>Fibria Merger
Approvals</U>&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">An extraordinary general shareholders&#146; meeting of Suzano (&#147;<U>Suzano Extraordinary General
Shareholders&#146; Meeting</U>&#148;) will be called for the holders of Suzano Shares to consider and vote upon: (i)&nbsp;the approval of the capital increase of Holding, in an amount equal to the redemption amount of the Holding Redeemable
Preferred Shares, which will be the total amount of the cash consideration; (ii)&nbsp;the approval of the Merger Agreement; (iii)&nbsp;the approval of the valuation report of Holding; (iv)&nbsp;the approval of the merger of Holding into Suzano, as
contemplated by the Merger Agreement; (iv)&nbsp;the authorization for the subscription, by Holding&#146;s executive officers on behalf of Holding&#146;s shareholders, of new shares to be issued by Suzano; and (vi)&nbsp;the amendment to Suzano&#146;s
bylaws to reflect the increase of the share capital corresponding to the issuance of the New Suzano Shares (the &#147;<U>Suzano Merger Approvals</U>&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For the purposes of giving the opinions set forth herein we have examined and/or relied upon copies of the following documents: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(i)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Registration Statement; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(ii)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">a copy of the Voting Agreement; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(iii)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">a copy of the Merger Agreement; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(iv)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">a copy of the minutes of meeting of the board of directors of Suzano held on held on July&nbsp;26, 2018, which
approved the execution of the Merger Agreement; </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">2 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="right">


<IMG SRC="g584285graphic3.jpg" ALT="LOGO">
 </P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(v)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">a copy of the minutes of meeting of the board of directors of Fibria held on held on July&nbsp;26, 2018, which
approved the execution of the Merger Agreement; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(vi)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">a copy of the <FONT STYLE="white-space:nowrap">by-laws</FONT> of the Company, as approved by the meeting of
shareholders of the Company held on September&nbsp;29, 2017 (&#147;<U>Suzano <FONT STYLE="white-space:nowrap">By-laws</FONT></U>&#148;); and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(vii)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">a copy of the <FONT STYLE="white-space:nowrap">by-laws</FONT> of Fibria, as approved by the meeting of
shareholders of the Company held on April&nbsp;30, 2015 (&#147;<U>Fibria <FONT STYLE="white-space:nowrap">By-laws</FONT></U>&#148;). </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In this letter, the documents listed in items (i)&nbsp;and (ii) above are jointly referred to as the &#147;<U>Transaction
</U><U>Documents</U>.&#148; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In our examination we have, with your consent, assumed without any independent investigation or verification
of any kind, the genuineness of all signatures, the authenticity of all documents submitted to us as originals and the conformity to the original documents of all documents submitted to us as certified, <I>photostatic</I>, electronic or facsimile
copies or of which an extract was submitted. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, we have assumed (i)&nbsp;the due authorization, execution and delivery of the
Transaction Documents by each of the parties thereto (other than the Company), (ii) that the performance thereof is within the capacity and powers of each such party (other than the Company), (iii) the validity and enforceability of the Transaction
Documents under the laws to which they are expressed to be governed, insofar as any obligation expressed to be incurred under any of the Transaction Documents is to be performed in or is otherwise subject to the laws of any jurisdiction other than
Brazil, the legality of such performance under the laws of such jurisdiction, (iv)&nbsp;that each of the parties to the Transaction Documents (other than the Company) has been duly organized and established and is validly existing under the laws of
the jurisdiction of its incorporation at the date of execution of the relevant Transaction Documents, (v)&nbsp;that except for the suspensive conditions (<I>condi&ccedil;&otilde;es suspensivas</I>) set forth in Section&nbsp;3.1 of the Merger
Agreement, each of the parties to the Transaction Documents has all necessary regulatory and other approvals, exemptions, licenses and authorizations to perform its obligations under the Transaction Documents to which it is a party, (vi)&nbsp;that
there are no other documents, agreements or other arrangements involving any of the parties to the Transaction Documents that may in any way affect the opinions expressed herein; (vii)&nbsp;that the Suzano
<FONT STYLE="white-space:nowrap">By-laws</FONT> and the Fibria By-laws have not been amended or modified in any way since September&nbsp;29, 2017 and April&nbsp;30, 2015, respectively; (viii)&nbsp;that the Suzano Extraordinary General
Shareholders&#146; Meeting and the Fibria Extraordinary General Shareholders&#146; </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">3 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="right">


<IMG SRC="g584285graphic3.jpg" ALT="LOGO">
 </P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
Meeting will be duly called pursuant to the terms and conditions set forth in the Suzano <FONT STYLE="white-space:nowrap">By-laws</FONT> and the Fibria By-laws, respectively, and in accordance
with Brazilian laws and regulations; (ix)&nbsp;the Fibria Board of Directors will not reconsider the Merger within ten (10)&nbsp;days of the end of the withdrawal rights exercise period, as described in the Registration Statement; and (x)&nbsp;all
the formalities and requirements necessary for the issuance of the Shares under the laws of any jurisdiction other than Brazil have been duly complied with by the Company, including those before any third parties. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We express no opinion as to any laws other than the laws of Brazil as in effect on the date of this letter and we have assumed that there is
nothing in any other law that affects our opinion. In particular, we have made no independent investigation of the laws of the State of New York or Federal Laws of the United States of America, as a basis for the opinions stated herein and do not
express or imply any opinion on such laws. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Based on the above assumptions, we are of the opinion that upon (i)&nbsp;the satisfaction of
each of the suspensive conditions (<I>condi</I><I>&ccedil;</I><I>&otilde;</I><I>es</I><I> </I><I>suspensivas</I>) set forth in Section&nbsp;3.1 of the Merger Agreement, (ii)&nbsp;the approval of the Fibria Merger Approvals by the holders of Fibria
Shares at the Fibria Extraordinary General Shareholders Meeting, pursuant to the approval quorum set forth in the Fibria Bylaws and Brazilian Federal Law No.&nbsp;6,404, of December&nbsp;15, 1976, as amended (&#147;<U>Brazilian Corporations
Law</U>&#148;); (iii) the approval of the Suzano Merger Approvals by the holders of Suzano Shares at the Suzano Extraordinary General Shareholders Meeting, pursuant to the approval quorum set forth in the Suzano Bylaws and the Brazilian Corporations
Law; and (iv)&nbsp;the approval by Suzano, as the sole shareholder of Holdco, of the merger of Holdco into Suzano, the New Suzano Shares to be issued by the Company will be duly authorized, validly issued, fully paid, and <FONT
STYLE="white-space:nowrap">non-assessable.</FONT> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We hereby consent to the filing of this opinion as Exhibit&nbsp;5.1 to the Registration
Statement and to the reference to us under the captions &#147;Legal Matters&#148; and &#147;Enforceability of Civil Liabilities&#148; in the Registration Statement. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD WIDTH="100%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Yours faithfully,</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Daniel Laudisio</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Daniel Laudisio</TD></TR>
</TABLE></DIV> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Cescon, Barrieu, Flesch&nbsp;&amp; Barreto Advogados </B></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">4 </P>

</DIV></Center>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g584285graphic2.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g584285graphic2.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  (! 0(! 0(" @(" @(" P4# P,#
M P8$! ,%!P8'!P<&!P<("0L)" @*" <'"@T*"@L,# P,!PD.#PT,#@L,# S_
MVP!# 0(" @,# P8# P8," <(# P,# P,# P,# P,# P,# P,# P,# P,# P,
M# P,# P,# P,# P,# P,# P,# P,# S_P  1" !U I\# 2(  A$! Q$!_\0
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M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
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M>&? :Z]X@.F^%_'*>.[><F+SI;E;Z2\$#?)CRMTA7@;L '.:^BZ** "BBB@
MK\-?^"T>FZC^QQ_P66\$_&.2VG;1=4N-(\01R1+@3&R:*&Y@![MLA4GVG7UK
M]RJ\J_:^_8P\ ?MR?"MO"/Q!TEK^Q27[1:7,$GDWFG38QYL,F#M.#@@@JPX9
M30!WW@'Q[H_Q1\%:7XC\/:C:ZMHFM6R7EC>6S[XKB)QE6!^A^HZ'FO.]5_:K
MTM_VR=$^#^DR6NHZP="O/$&NB-M[:/#&T$=NKXX5I6F) /.U < ,I/QAX,_X
M(#^,_@U9WFD?#W]JGXE>#_"]Z6W:;:VTB !LYR8KJ-"QR<L$7K5CQ-I_PO\
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M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
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MSXQ:?H_@?X@^#KRVL[1+;3<I:B>!I$F9/.9)E. 05?:P!&:P!_P<0?LQD_\
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M)45D?%S]KG6OA9IGC2[;P#=W,/A2[L(HRVJP(;BVN'*-=N!N\M05;:@WR/\
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M%%% !1138I5GC5T971AE64Y!'M0 ZBBB@ HHHH **** "BBB@ HHHH ****
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M(A=I"JA2[?>;'<XXS3Z** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
/ **** "BBB@ HHHH __9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>g584285graphic3.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g584285graphic3.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  (! 0(! 0(" @(" @(" P4# P,#
M P8$! ,%!P8'!P<&!P<("0L)" @*" <'"@T*"@L,# P,!PD.#PT,#@L,# S_
MVP!# 0(" @,# P8# P8," <(# P,# P,# P,# P,# P,# P,# P,# P,# P,
M# P,# P,# P,# P,# P,# P,# P,# S_P  1"  A %<# 2(  A$! Q$!_\0
M'P   04! 0$! 0$           $" P0%!@<("0H+_\0 M1   @$# P($ P4%
M! 0   %] 0(#  01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T? D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0 'P$  P$! 0$!
M 0$! 0        $" P0%!@<("0H+_\0 M1$  @$"! 0#! <%! 0  0)W  $"
M Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O 58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H # ,!  (1 Q$ /P#[C_X)U?LV
M>#_^"H7P3\1_&SXU:?<^.-?\;>)=5ATB"]U"X6'PCIL%R]O;VMBB.HMW4)N:
M5 )&9LELBN)_;?\ A9X)\*_\%2?A1X7\8>#/'WQ8\.V7P?>WGL-'AN=1U74I
M[:\6&&]N!#)&\CJ@<-*Q/,@SU&/H?X;_ +"WQA_8_P!5\9Z/\%_B+X)T_P"&
MGB_6;KQ!#IOB/PU<:A?^$I[EB]PMBT-Q&D\>[YDCE'RGC)R<^0>%-%UG]H3X
MX:=\0/AYXEU+X<>.O@#87/@N\UCX@Z,]YI7B?39O*9_MK+) 8+W[0K2E%8;1
M(O&#@=5'!5JM&=>G&\86YGVN[(XJ^8X>C7IX:K*TZE^5=[*[_#N=)^T-^R_?
MZ5_P3EQ^SUX!^(.@:;KOBRQ\2>)? =SJ%QI.N:II<3K%?6$32R-+;M/'!&=B
MR#<I;'W]IK?L6_'+]G/PUXM\=Z[\*_"_BOX2_$/P?X-OKK7_ (;:U97.CM>Q
MQ;)ENFM'8Q2R1M&8Q/$2VV=@W!7'LZ?!'X^?%/X>V>OR?&KP"OC32-;BU;P]
M=:!X:D/AZ:T%M+;S6=U$UT\DZ3><S%UE4QM'$4Y4YK?#;]C/Q9\4OVMH?BQ\
M9?$W@'7-:\*^&[SPEIV@^$M-FMK."&]*-</=R3RR2R.R*%6/Y54.QY+9KE.T
M\=_X)[_L+>#/V[/V'_#?Q;^+9U?Q=\4_BC:SZY-XH?5;B.^\/-++)Y$6FLC@
M6:6Z! BQ@#*DMNSBM'P#\.-+_P""B?\ P4=^.^@_%$W?BCP#\"XM'\.:!X5N
M[F0:;-=7-LT]QJ-Q"C*L\Q*A$,@8*N< 'FM7X#_LJ?%C]ESP)-\'_A7\=_AB
MOPW^U7$6@3:QI#WOB?PQ;32L[6T!CN4@N&C9W\MI4X.,JP&VNM^*_P"R?XD^
M"7[6.J_%OX2_$CP5X8\0^-M'M--\5Z#XU@>XT[7?LJF.WOU:&:*6.X1<H2-R
MN,Y /- 'S#XXO+OX(>"?V^/@!%?:GJ_@'X?>"8O%G@^WU"[DNI/#BW=A),UG
M%+(S2"*.9%>(%LICBN1?XT^*_@-_P3?^.O[._CW7-4U34(_A3+XX^'/B"[G8
M7&LZ)/:J\]MYA.XS64SLF,D^65(PJBOK_3?^"=)3]ECX_G7_ (BZ7KWQ(_:'
MTVXAU_QC+:BWTNSW6K6MK!;PB1MEK;J^%!D+-DDMD@"A_P %!/\ @F_X3_;*
M_8M\$> KSQYHGA;QGX.TF"'0/$VY2CI]F6VN4,?F*SVUP@PRANH0\[<$ ^LO
M@DY?X,^$2Q+$Z+9DDG))\A*Z>N/^'?B+0O"WPWTRQ/B+1+J/0;"VL[FZCNX_
M*5E18P2=WR[BIP":Z:[URRL-*^W3WEK#8[0_VB255BVG&#N)Q@Y&.>] %JBB
MB@ K\Z/^"A]Y8:Y_P57^$OA'7_A[K/Q3\%6?@S5O%C^#-)LK6YCU+5C/';)>
MW,$\D4,WE1C:#*QVE@0/3]%Z^9OVF_V$?%WQ:_:Z\,?&/P+\4K?X?>(_#?AF
MX\,+%<^%H]:AG@GN!,[X>XBVME5 X/0\\T78K+<^>?\ @F1\6O"W[/%S^UKX
MEU/1[SX36_A^_C\3W/PKN;8VQ\(6$5BQ6ZC4?N&-\8WD(M\QJ55<DUY;_P $
MO/BYH7P:_;S\#7B^/?#'BC5OVJ?"%UJWC2VTS78+YM*\51W$FH1QRHC$Q8M+
ME[90<9:W('I7T]=?\$@)?&MKXWO?&_Q5UCQ?XK^*FH:.OC+5I-&@M$OM&TZ8
M3)I%I;QN$M8I&4+(Y,K,I88RV:]0_:I_X)Y^%_CYH'A63PQ_8_PX\6^"/$UA
MXIT;7--T.!VBGMG),,L:F,R0R(SHR[UZ@YXH&?F?XMU;]GWX>:O^V?+\3_A;
M<^*=?N/B9J-CX>U'3_"\DC:?//!"EO&NIJ@BLG-T^X;I4(+;L'=SZ9^T=\,Y
M_A_+_P $_=*_:,T/_A/]=TNRUNR\5VITA_$5S?NNF1%(FBB21[ED?R]Q56&Y
M&?D M7V?X2_X)G>'(?!/[0OAKQ5JS>*= _:$\07>N:A:FR%L=+\^"*+RXVWO
MN9&B619" 0P7CC-4?!W_  3IURQUG]G/4O$OQ/G\4:E^STVI1P7DFAB"?Q%;
MW-F+2)9SY[!)8XU7=( ?,(SM4DF@#Y'_ &;-&T;X@?"3]MKQ7\,O#UQX7_9O
MU7PC>Z9HOAV_@%O'_;EII]P-1GAL6)-FN[RU*,J%F4':,8'%?%GPQHNM_L\_
M\$TUU?X??\++M9-,EAF\-PVMM--K$7]C1-Y*BX9(B P$F'<+^[SU K[WN_\
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..%%% !1110 4444 ?_]D!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
