Press Release

Mills announces the commencement of the period for exercising the withdrawal right arising from the change in its corporate purpose
Rio de Janeiro, April 20, 2012 - Mills Estruturas e Servios de Engenharia S.A. (Mills) reports that its shareholders gathered in an Extraordinary Shareholders Meeting today approved a change in Mills corporate purposes, to include the activities of surface treatment, passive protection against fire, cargo handling, inspection and nondestructive testing, manufacturing, assembly and commercialization of its own products for activities in its corporate purpose, and consulting services and sales of engineering projects, which will be developed by the Company, in addition to the existing ones, in order to allow the exploitation of new business opportunities. Mills shareholders of record at March 21, 2012 (excluding trades on that date) that formally manifest their dissent with respect to such approval by May 25, 2012 are assured of a withdrawal right, in observance of article 137 of the Brazilian Corporations Law (Law 6.404 of December 15, 1976, as amended). For purposes of exercising the Withdrawal Right, the amount of the reimbursement due to dissident Mills shareholders will be based on the amount of the calculated shareholders equity per share at December 31, 2011 (the date of the last balance sheet published by Mills), which corresponds to R$5.86 per share. Dissident Mills shareholders are guaranteed the right to demand preparation of a special balance sheet, under 2 of article 45 of the Brazilian Corporations Law. If they demand preparation of this special balance sheet, dissident shareholders will immediately receive 80% of the amount of the reimbursement calculated based on the balance sheet at December 31, 2011, and Mills will pay any balance within 120 days of the date of the resolution of the Extraordinary Shareholders Meeting that resolved on the change in the corporate purposes.

For further information, contact: +55-21-2123-3700 or ri@mills.com.br IR Team: Alessandra Gadelha IR Officer Camila Conrado Carolina Henriques Gonalves

agadelha@mills.com.br cconrado@mills.com.br cgoncalves@mills.com.br

This press release may include declarations about Mills expectations regarding future events or results. All declarations based upon future expectations, rather than historical facts, are subject to various risks and uncertainties. Mills cannot guarantee that such declarations will prove to be correct. These risks and uncertainties include factors related to the following: the Brazilian economy, capital markets, infrastructure, real estate and oil & gas sectors, among others, and governmental rules that are subject to change without previous notice. To obtain further information on factors that may give rise to results different from those forecasted by Mills, please consult the reports filed with the Brazilian Comisso de Valores Mobilirios (CVM).

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