In our opinion, the consolidated financial statements
referred to above present fairly, in all material respects, the financial position of Duratex
S.A and its subsidiaries as at December 31, 2013,
and their financial performance and their cash
flows for the year then ended, in accordance with
the International Financial Reporting Standards
(IFRS) issued by the International Accounting
Standards Board (IASB) and accounting practices
adopted in Brazil.