Analyst Info Request January, 2010 Belém - PA WHY BELÉM Belém SOCIO-ECONOMIC INDICATORS COMPETITION Population 2,249,405 GDP per capita R$ 8,765 Housing Deficit 111,313 units Domiciles Growth* 11.5%p.y. (2003-2007) Landbank 3Q09 Direcional ...................... R$432MM PDG................................ MRV................................ Cyrela/Living...................R$201MM Tenda..............................R$ 49MM Rodobens........................R$121MM * State of Pará BRASEX RESIDENCIAL COMMERCIAL R$70.5 MM R$30.0 MM % Direcional 99% 99% Units 460 125 Price / Unit R$153,300 R$ 240,000 Price / Sqm. R$2,400 R$2,400 Segment Medium Commercial Total PSV Belém is the capital of Pará State. It is considered the second biggest town in the north region, and carries the biggest Human Development Index among the northern capitals (0,806) Belém is an important touristic pole, and hosts several commercial events along the year Counts on a privileged geographic location, being the main arriving point to the north region TOTAL VILLE BELLA CITTÁ - MARITUBA Total PSV % Direcional Units Source: IBGE / Fundação João Pinheiro / Prefeitura Municipal de Porto Velho R$332.0 MM 99% 3,561 Price / Unit R$ 93,222 Price / Sqm. R$1,516 Segment Popular The project Total Ville Bella Cittá has a total of 4,049 units in 08 phases. The 1st Phase was launched in the 1Q09 (488 units). Marabá - PA WHY MARABÁ Marabá SOCIO-ECONOMIC INDICATORS Population 195,468 GDP per capita R$ 13,055 Housing Deficit 10,354 units Domiciles Growth* 11.5%p.y. (2003-2007) COMPETITION Landbank 3Q09 Direcional ...................... R$531MM PDG................................ MRV................................ Cyrela/Living................... Tenda.............................. Rodobens........................ - * State of Pará Vale (VALE5) is developing a new steel plant project in Marabá. Its budget is around R$ 2,7 billion and will generate 16 thousand jobs. The construction of such company will allow Carajás to leave the sole-extractive previous model and to verticalize steel production, adding value to local production and increasing economic conditions in the region Since the 80's Marabá experienced a big economic growth, due to steel companies that established pig iron facilities in the region Current population is around 200.000 people, and it is in consistent growth, mainly because of people coming from other cities Source: IBGE / Fundação João Pinheiro / Prefeitura Municipal de Porto Velho TOTAL VILLE MARABÁ Total PSV R$531.6 MM % Direcional 100% Units 5,188 Price / Unit R$102,474 Price / Sqm. R$1,700 Segment Popular The project Total Ville Marabá has a total of 5,712 units in 10 phases. The 1st Phase was launched in the 2Q09 (524 units). Porto Velho - RO WHY PORTO VELHO SOCIO-ECONOMIC INDICATORS COMPETITION Population 380,974 GDP per capita R$ 9,877 Housing Deficit 22,000 units Porto Velho Domiciles Growth* 14.4%p.y. (2003-2007) Landbank 3Q09 Direcional ...................... R$288MM PDG................................ MRV................................ Cyrela/Living................... Tenda.............................. Rodobens........................ Bairro Novo (Odebrecht).. R$97MM * State of Rondônia Received 5 thousand new companies within one year, besides 30 thousand new jobs. Votorantim is building, at Porto Velho City, the biggest cement factory in Brazil. This factory aims to supply the power plants that are planned and/or being built in the region. Capital and the biggest city in state, Porto Velho has today the biggest occupational rate of economically active people in the north region (94,6%) and the second lowest unemployment rate of Brazil. A huge hydrolectric power plant complex about to be built in Madeira River – 6,450 MW (it will be the third biggest in the world) will bring enormous economic growth to the region, and allow housing opportunities. It is expected to generate 10,000 direct jobs and will carry a R$ 9.5 billion investment Source: IBGE / Fundação João Pinheiro / Prefeitura Municipal de Porto Velho CACHOEIRAS DO MADEIRA Total PSV Cachoeiras do Madeira is the 3rd (and last) phase of a project with 1,278 units. The previous phases were launched in 2008. % Direcional 67% Units 426 Price / Unit R$169,014 Price / Sqm. R$2,340 Segment Medium TOTAL VILLE PORTO VELHO Total PSV R$72.0 MM R$216.0 MM % Direcional 50% Units 2,428 Price / Unit R$ 88,800 Price / Sqm. R$1,800 Segment Popular Investor Relations Department [email protected] Phone Number: +55 (31) 3235-4653