REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13A-16 OR 15D-16
OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of February 2008
Commission File Number 1-15184
SADIA S.A.
(Exact Name as Specified in its Charter)
N/A
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(Translation of Registrant's Name)
Rua Fortunato Ferraz, 365
Vila Anastacio, Sao Paulo, SP
05093-901 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 [X] Form 40-F [ ]
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): [ ]
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): [ ]
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 [ ] No [X]
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): Not applicable.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused the Report to be signed
on its behalf by the undersigned, thereunto duly authorized.
Date: February 07, 2008
SADIA S.A.
By:/s/Welson Teixeira Junior
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Name: Welson Teixeira Junior
Title: Investor Relations Officer
MARKET ANNOUNCEMENT
SADIA’s ADR RATIO CHANGE
Sadia S.A. is hereby notifying the market that The Bank of New York, in its capacity as the depositary of Sadia’s ADR’s, will be changing the ratio of shares per ADR from the current ten (10) preferred shares per one (1) ADR, to three (3) preferred shares per one (1) ADR.
To make this change, The Bank of New York will be distributing 2.3 additional ADR’s for each outstanding ADR, at no cost to holders. The trading of ADR’s subject to this new ratio (1:3) will begin on February 6, 2008.
- Holders of ADR’s will not be required to take any action as a result of this change;
- This is merely a technical change and will not affect the trading of Sadia’s preferred shares on the São Paulo Stock Exchange (Bovespa), aiming only to improve the liquidity of Sadia’s ADR’s on the NYSE.
São Paulo, February 6, 2008
Welson Teixeira Júnior
Investor Relations Director
Sadia S.A.