KLABIN S.A. CNPJ/MF: No. 89.637.

490/0001-45 NIRE: 35300188349 Publicly-held Company

NOTICE OF MATERIAL FACT

Klabin S.A. (Company), in compliance with the provisions of Article 157, Paragraph Four, of Law No. 6,404, dated as of December 15th, 1976, and of CVM Rule No. 358, dated as of January 3rd, 2002, in addition to the information of the Notice of Material Fact dated as of June 11th, 2013, hereby informs its shareholders and the market that at meeting of the Companys Board of Directors held on this date it was resolved to continue the capitalization process to support the construction of a new short and long fiber pulp plant in the city of Ortigueira, in the State of Paran (Project Puma). Accordingly, the Board of Directors decided to call an Extraordinary Shareholders Meeting and Preferred Shareholders Special Meeting (Shareholders Meetings) in order to resolve on the proposal of the controlling shareholders to create a Units program and to list the Company in BM&FBovespas special listing segment Nvel 2 (Proposal), as described in the Notice of Material Fact dated as of June 11th, 2013. The Shareholders Meetings will be convened within fifteen (15) days from this date, and the effectiveness of the resolution that comes to approve the Proposal at the Shareholders Meetings will be subject to the successful fundraising by the Company through the issuance of shares or securities convertible into shares, or both, (Capitalization), in order to enable the Company to develop the Project Puma directly. Furthermore, the Company informs that, after an update on the scope, review of suppliers proposals and variation in the exchange rate, the industrial value of the investment was revised to a total of R$ 5.8 billion. In addition, the amount of R$ 0.8 billion will be spent in recoverable taxes for equipment and another R$ 0.6 billion will be spent in infrastructure, also recoverable by ICMS credits, as per an agreement entered into with the government of the State of Paran. Project Pumas funding includes, besides the Capitalization, financing from BNDES Banco Nacional de Desenvolvimento Econmico and BID - Banco Interamericano de Desenvolvimento, as well as from Export Credit Agencies. Recently, the Project Puma

was classified for funding in an amount estimated up to R$ 4 billion from BNDES in Finem Direto mode, and for US$ 300 million from BID, whose final approvals are also tied to the success of the Capitalization. Once the funds from the loans of BNDES and BID are engaged, they shall amount to the funds obtained from the Capitalization to be allocated in the implementation of the Project Puma. In due course, when of the calling of the Shareholders Meetings, the minutes of the Board of Directors meeting held on this date, the Call Notice of the Shareholders Meetings and the relevant documentation will be available on the Company website with details about the terms briefly described in this Notice of Material Fact. The Company will keep its shareholders and the market updated on new material information with respect to the Proposal and the Capitalization.

So Paulo, October 21st, 2013. Antonio Sergio Alfano Investor Relations Officer