SOURCE: MPX Energia S.A.


January 21, 2010 10:12 ET

MPX Secures Logistics Solution to Integrated Mining System in Colombia Through Acquisition of Strategic Site to Build Port

RIO DE JANEIRO, BRAZIL--(Marketwire - January 21, 2010) - In compliance with article 157 of Law # 6404/76 and with provisions of Instruction 358/02 of the Brazilian Securities Commission (Comissão de Valores Mobiliários, or "CVM"), MPX Energia S.A. ("MPX" or "the Company") (BOVESPA: MPXE3) hereby informs that, pursuant to its business plan, a logistics solution to its integrated mining system in Colombia was secured. The Company acquired 521 hectars in the Dibulla region, Department of La Guajira, as per study conducted by Moffat & Nicol, a US company specialized in port solutions.

The area acquired is located in the Colombian Atlantic Coast, at approximately 150 km from MPX's concession areas. The environmental licensing process for a 20-meter draft port, which will allow capesize cargo ships to berth, with capacity to export up to 20 million tons of coal annually, has already been initiated.

A second technical report of coal resources and reserves, by John T. Boyd, will be concluded in March, 2010. The start-up of the mines is foreseen for the second half of 2011.

Given the successful results obtained so far in the drilling campaign and the assurance of a logistics solution for exporting coal, MPX now controls an important integrated coal mining system in Colombia, which will supply the Brazilian and international markets.

Rio de Janeiro, January 21, 2010.
Eduardo Karrer
CEO and IR Officer

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