Bunge Reports Fourth Quarter Net Income of $2... (8 - 18 - 8

Bunge Reports Fourth Quarter Net Income of $245 Million

Date:2/7/2008

8 - 18 - 8 - 0.07

Litigation

settlement - 6 - 6 - 4 - 0.03

Total $(106) $- $(106) $- $(66) $(4) $(0.51) $(0.03)

(1) Impairment and restructuring pretax charges in the quarter ended

December 31, 2007 consisted of $25 million in the agribusiness

segment, $29 million in the edible oil products segment, 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.

(2) 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.

(3) Gain on sale of investments of $22 million recorded in other income

(expense)-net in the quarter and year ended December 31, 2007 resulted

from a sale of investment securities.

CONSOLIDATED STATEMENTS OF IN
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Bunge Reports Fourth Quarter Net Income of $2...(8 - 18 - 8 - ...)