Bunge Reports Fourth Quarter Net Income of $2... (gment and $13 million in the...)

Bunge Reports Fourth Quarter Net Income of $245 Million

Date:2/7/2008

gment, and $13

million in the milling products segment. Impairment and

restructuring pretax charges in the year ended December 31, 2007

consisted of $30 million in the agribusiness segment, $35 million

in the edible oil products segment and $13 million in the milling

products segment. The impairment and restructuring charges for

the quarter and year ended December 31, 2007 were recorded in

cost of goods sold, other than $11 million of the edible oil

products segment total, which was recorded in selling general and

administrative expenses. Impairment and restructuring charges in

the year ended December 31, 2006 consisted of $20 million in the

agribusiness segment and $2 million in the edible oil products

segment, which were recorded in cost of goods sold, and $2

million in the fertilizer segment, which was recorded in selling

general and administrative expenses.

Note 3: Value-added-tax provision of $50 million in the quarter and year

ended December 31, 2007 in the fertilizer segment resulted from a

recent change in tax laws in several Brazilian states that will

take effect in 2008, which will make the recoverability of these

taxes uncertain.

Note 4: Total segment operating profit is the consolidated segment

operating profit of all of Bunge's operating segments. Total

segment operating profit is a non-GAAP measure and is not

intended to replace income from operations before income tax, the

most directly comparable GAAP measure. The information required

by Regulation G under the Securities Exchange Act of 1934,

including the reconciliation to income from operations before

income tax
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Bunge Reports Fourth Quarter Net Income of $2...(gment and $13 million in the...)