6-K

FORM 6-K

U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

dated April 20, 2005

Commission File Number 001-11005

ARACRUZ CELULOSE S.A.

(Exact Name as Specified in its Charter)

ARACRUZ CELLULOSE S.A.

(Translation of Registrant’s Name)

Rua Lauro Muller, 116—40^th floor, Botafogo

Rio de Janeiro, RJ, 22299-900, Brazil

(Address of principal executive offices) (Zip code)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F    ý          Form 40-F    o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T
Rule 101(b)(1): o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T
Rule 101(b)(7): o

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes  o             No  ý

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):  Not applicable.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date:   April 20, 2005

ARACRUZ CELULOSE S.A.
By:	/s/ Carlos Augusto Lira Aguiar
	Name:	Carlos Augusto Lira Aguiar
	Title:	Chief Executive Officer

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EXHIBIT INDEX

Exhibit	Description of Exhibit
99.1.	Extract of the minutes of Board of Directors meeting, April 19, 2005
99.2	Minutes of Executive Board Meeting, April 19, 2005
99.3	Notice to the Shareholders dated April 19, 2005
99.4	Press release, Declaration and Payment of Interest on Shareholders’ Equity, April 19, 2005

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EX-99.1

Exhibit 99.1

(CNPJ nº  42.157.511/0001-61)

EXTRACT OF THE MINUTES OF BOARD OF DIRECTORS MEETING

Date, place and time:

April 19, 2005, at 10:30am, exceptionally held via audioconference centralized in the Company’s branch at Rua Lauro Müller, nr 116 - 40th floor, in the City of Rio de Janeiro - RJ.

Quorum:

Regularly invited, the following Board members attended de meeting: Carlos Alberto Vieira (Chairman), Haakon Lorentzen, Eliezer Batista da Silva, Luiz Aranha Corrêa do Lago, Ernane Galvêas, Bernardo Parnes, Raul Calfat, Álvaro Luiz Veloso, Nelson Koichi Shimada and Sandra Meira Starling. José Luiz Braga, General Counsel, acted as Secretary.

Deliberations Summary:

1.             Interest on Shareholders Equity

Pursuant to Section 27, paragraph 2, of the By-laws of ARACRUZ CELULOSE S.A., the Board of Directors approved the declaration and payment of Interest on Shareholders Equity by the Company, based on the profit of the fiscal year 2005 or accumulated profits and profit reserves, or profits accounted before the Interest deduction, pursuant to the limits set forth in article 9 of Law 9.249/95. The Interest on Shareholders Equity shall be declared and paid on the dates, amounts and conditions as shall be determined by the Company’s Executive Board and may be attributed to the minimum compulsory dividend relating to the fiscal year 2005.

Pursuant to the approval set forth herein, the Executive Board is fully authorized to perform any and every act deemed necessary to implement this decision.

Closing:

The resolutions were taken by unanimous approval from the attending Board members. Since there was no further business, the Meeting was closed with the drawing up of these Minutes that are signed by those present. Rio de Janeiro, April 19 , 2005.  (Signatures) Carlos Alberto Vieira - - Chairman; José Luiz Braga - Secretary; Haakon Lorentzen, Eliezer Batista da Silva, Luiz Aranha Corrêa do Lago, Ernane Galvêas, Bernardo Parnes, Raul Calfat, Álvaro Luiz Veloso, Nelson Koichi Shimada and Sandra Meira Starling.

This copy conforms with the original.

Extracted from the proper corporate book.

José Luiz Braga

Secretary

EX-99.2

Exhibit 99.2

MINUTES OF EXECUTIVE BOARD MEETING

Date, place and time: April 19, 2005, at 4.30pm, at Rua Lauro Müller, n. 116 - 40th floor, in the City of Rio de Janeiro - RJ.

Quorum:

Regularly invited, the following members of the Executive Board attended the meeting: Carlos Augusto Lira Aguiar, President, João Felipe Carsalade, Walter Lídio Nunes and Isac Roffé Zagury.

Chair:

The Chair of the Meeting was taken over by Mr. Carlos Augusto Lira Aguiar, President of the Company, who invited Mr. José Luiz Braga, General Counsel of the Company, to act as Secretary.

Deliberations Summary:

Interest on Shareholders Equity

Exercising the powers granted by the Board of Directors of the Company, in accordance with the decision taken in the meeting held on April 19, 2005, the Executive Board approved the declaration and payment of Interest on Shareholders Equity by the Company in the total amount of R$81.000.000,00 (eighty one million reais), based on the profit of the fiscal year 2005 or accumulated profits and profit reserves, pursuant to and in accordance with the limits set forth in article 9 of Law 9.249/95. The Interest on Shareholders Equity shall be attributed to the minimum compulsory dividend relating to the fiscal year 2005, as authorized by paragraph 7 of article 9 of Law 9.249/95, and shall be declared and paid pursuant to the equity holdings on April 26, 2005. Each block of 1.000 (one thousand) common shares shall be entitled to the gross amount of R$74.42995285 and each block of 1.000 (one thousand) preferred shares of classes "A" and "B" shall be entitled to the gross amount of R$81.87294814. The payment of the Interest on Shareholders Equity shall be made as from May 13, 2005, without monthly correction. The amounts declared as Interest on Shareholders Equity subject to Income Tax Withheld, at the rate of 15%, resulting in a net amount of R$63.26545993 for each block of 1.000 (one thousand) common shares and net amount of R$69.59200592 for each block of 1.000 (one thousand) preferred shares of classes "A" and "B", except

with respect to the shareholders that provide to the Company, by April 27, 2005, documentary evidence of their tax exemption. Shareholders domiciled in countries that do not tax income, or tax income at a maximum rate of less than twenty percent are subject to Income Tax Withheld, at a rate of 25%, under the prevailing legislation. The shares of the Company shall be traded "ex-Interest on Shareholders Equity" as from April 27, 2005.

Closing:

The resolutions were taken by unanimous approval from the attending Officers. Since there was no further business, the Meeting was closed with the drawing up of these Minutes that are signed by those present. 

Rio de Janeiro, April 19, 2005.

Carlos Augusto Lira Aguiar

Chair of the Meeting - Presidente of the Company

José Luiz Braga

Secretary

João Felipe Carsalade

Walter Lídio Nunes

Isac Roffé Zagury

EX-99.3

Exhibit 99.3

NOTICE TO THE SHAREHOLDERS

We hereby inform the Shareholders of Aracruz Celulose S.A. (“the Company”) that the Executive Board of the Company, exercising the powers granted by the Board of Directors, in accordance with the decision taken in the meeting held on April 19, 2005, has today approved the declaration and payment of Interest on Shareholders’ Equity to the total amount of R$81,000,000.00 (Eighty one million reais). This Interest on Shareholders’ Equity shall be attributed to the minimum compulsory dividend relating to the fiscal year 2005, and the individual declaration to the shareholders shall be made pursuant to the equity holdings at the close of the São Paulo stock market on April 26, 2005 (“Brazilian Record Date”).

The amounts to be declared and paid as Interest on Shareholders’ Equity shall,  respectively, be as follows:

•Each block of 1,000 (one thousand) common shares shall be entitled to the gross amount of R$74.42995285; and

•Each block of 1,000 (one thousand) preferred shares of classes “A” and “B” shall be entitled to the gross amount of R$81.87294814.

1- The amounts declared as Interest on Shareholders’ Equity are subject to Income Tax Withheld, at the rate of 15%, resulting in a net amount of R$63.26545993 for each block of 1,000 (one thousand) common shares and a net amount of R$69.59200592 for each block of 1,000 (one thousand) preferred shares of classes “A” and “B”. Shareholders domiciled in countries that do not tax income, or tax income at a maximum rate of less than twenty percent, are subject to Income Tax Withheld, at a rate of 25%, under the prevailing legislation.

2 - Shareholders exempted from Income Tax Withholding pursuant to Section 5 of Law 11.053/04 and that have not yet informed Banco Itaú S.A. of this fact must do so by April 27, 2005, at any of the service outlets listed in item 5 below. Other shareholders with tax exemption must provide the Company’s Investor Relations Management (at Rua Lauro Müller 116, 40th floor, Rio de Janeiro, RJ - Tel: ++55 21 3820 8131 - Mr. Denys Ferrez), with documentary evidence of their tax situation, by April 27, 2005, in order not to be subject to the withholding of Income Tax.

3 -The payment of Interest on Shareholders’ Equity, without monthly correction, shall be made as from May 13, 2005, through Banco Itaú S.A., by means of credits to the bank accounts of the shareholders, as per the records of Banco Itau S.A.. The Interest on Shareholders’ Equity attributable to shareholders whose records with Banco Itaú S.A. are not up-to-date shall remain at the disposal of such shareholders within the Business Services Department (Superintendência de Serviços para Empresas) of Banco Itaú S.A., until their records are updated.

4 -The shares of the Company shall be traded “ex-Interest on Shareholders’ Equity” as from April 27, 2005.

5 – SERVICE OUTLETS – Branches Specialized in Shareholder Assistance:

•	São Paulo	-	Rua Boa Vista, 176 - Subsolo
•	Rio de Janeiro	-	Rua Sete de Setembro, 99 - Subsolo
•	Belo Horizonte	-	Av. João Pinheiro, 195 - Térreo
•	Porto Alegre	-	Rua Sete de Setembro, 746 - Térreo
•	Salvador	-	Av. Estados Unidos, 50/ 2º andar - Edif.
			Sesquicentenário
•	Brasília	-	SCS Quadra 3 Ed. Dona Angela, 30, bloco A - s/loja
•	Curitiba	-	Rua João Negrão, 65 - s/loja

Aracruz, April 19, 2005

ISAC ROFFÉ ZAGURY

Investor Relations Officer

EX-99.4

Exhibit 99.4

Declaration and Payment of

Interest on Shareholders’ Equity

(Rio de Janeiro, April 19, 2005) - - Aracruz Celulose S.A. (NYSE: ARA) hereby informs the American Depositary shareholders of Aracruz Celulose S.A. (“the Company”) that the Executive Board of the Company, exercising the powers granted by the Board of Directors, in accordance with the decision taken in the meeting held on April 19, 2005, has today approved the declaration and payment of Interest on Shareholders’ Equity to the total amount of R$81,000,000.00 (Eighty one million reais). This Interest on Shareholders’ Equity shall be attributed to the minimum compulsory dividend relating to the fiscal year 2005, and the individual declaration to the shareholders shall be made pursuant to the equity holdings at the close of the São Paulo stock market on April 26, 2005 (“Brazilian Record Date”).

The amount to be declared and paid as Interest on Shareholders’ Equity shall be as follows:

Each American Depositary Share, representing 10 preferred shares of class”B”, shall be entitled to the gross amount of R$0.8187294814. Due to the current floating exchange rate, the Company cannot predict any specific exchange rate for the conversion of the amount to be paid into U.S. Dollars at the time of payment thereof.

1 - The amounts declared as Interest on Shareholders’ Equity are subject to 15%  Withholding Tax,

2 -  The payment of Interest on Shareholders’ Equity will be made by JPMorgan Chase Bank, the Depositary, from May 20, 2005 to holders of record as of April 29, 2005.

For further information, please contact our Investor Relations Department:

Phone: (55-21) 3820 8131

Fax: (55-21) 3820 8275

E-mail: invest@aracruz.com.br