1. Executive Aviation Market Luís Carlos Affonso
Senior Vice-President, Executive Aviation
November 18th, 2005

2. Forward Looking Statement
This presentation includes forward-looking statements or statements about events or
circumstances which have not occurred. We have based these forward-looking statements
largely on our current expectations and projections about future events and financial trends
affecting our business and our future financial performance. These forward-looking
statements are subject to risks, uncertainties and assumptions, including, among other things:
general economic, political and business conditions, both in Brazil and in our market.
The words “believes,” “may,” “will,” “estimates,” “continues,” “anticipates,” “intends,” “expects”
and similar words are intended to identify forward-looking statements. We undertake no
obligations to update publicly or revise any forward-looking statements because of new
information, future events or other factors. In light of these risks and uncertainties, the forward-
looking events and circumstances discussed in this presentation might not occur. Our actual
results could differ substantially from those anticipated in our forward-looking statements.

3. Vision
To become a major player in the Business Aviation Market
within 10 years by providing innovative and differentiating
product and service solutions with added value to our
customers and shareholders.

4. New structure
Maurício Botelho
President &CEO
Executive Aviation Business
Luís Carlos Affonso
Senior Vice President
Sales, Contracts Program Services &
& Marketing Management Customer Support
Single focus on the business aviation customer
All-encompassing business unit
Higher synergy and improved decision-making process

5. Integrated solution
Truly revolutionary products
Comprehensive training program
Outstanding support and total care programs
Extensive service centers coverage
Aircraft exchange facilitation
Third-party financing packages
FBO and aircraft management partnerships

6. Product portfolio expansion (jets)
Global
Ultra-Long Range
Large
Legacy 600
Super Mid-Size
Mid-size
Mid-light
Light
Very Light Phenom 300
Phenom 100

7. Market Figures
Market Figures

8. Business Aviation Market Size
33.6
3.3
6.0
23.4
Fractional Ownership 1.9 4.5
Charter and
4.1
Aircraft Management 2.6
1.2
FBO 3.8
MRO 2.2
Completion and 1.0
Refurbishment
16.0
10.5
Airframe / OEM
(2004 US$ billions)
Source: AT Kearney and
Embraer estimates 2004 2014
Significant Expansion

9. Market Forecast - main drivers
S&P 500
2.500
2.000
Points
1.500
1.000
500
-
Source: NYC Financial
74
76
78
80
82
84
86
88
90
92
94
96
98
00
02
04
06
08
10
12
14
Planning + Embraer Analysis
19
19
19
19
19
19
19
19
19
19
19
19
19
20
20
20
20
20
20
20
20
US Corporate Profits
2.000
US$ Billion
1.500
1.000
500
-
Source: NYC Financial
02
14
82
84
86
88
90
92
94
96
98
00
04
06
08
10
12
Planning + Embraer Analysis
20
20
19
19
19
19
19
19
19
19
19
20
20
20
20
20
20
US GDP
16.000
US$ Billion
12.000
8.000 Historical Forecast
4.000
-
74
76
78
80
82
84
86
88
90
92
94
96
98
00
02
04
06
08
10
12
14
19
19
19
19
19
19
19
19
19
19
19
19
19
20
20
20
20
20
20
20
20
Source: Global Insight

10. Commercial aviation user dissatisfaction
USA Europe
100% 3% 5% 9% 8%
12% 16% 15%
12% 17%
5%
19%
80%
27% 11%
19%
37% 35%
60%
85% 87%
40% 76% 72%
64% 65%
51% 50%
20%
0%
1995 2000 2005E 2010E 1995 2000 2005E 2010E
Network Low Cost Regional
Source: Embraer analysis
Less options for the “premium” passenger

11. Commercial aviation user dissatisfaction
Low flexibility – total travel time increasing (door-to-door)
Long check-in procedures – hassle factor
Decreasing number of cities served by airlines
Congested “hubs” (70% of North-American passengers uses only
30 airline hub-airports)
Short duration trips (averaging 300 nm) – air travel alternatives are as
long as car travel
“Premium” passengers are not well-served
New air travel options are being developed
.

12. 2006-2015 Market Forecast (deliveries) - World
Product Categories (jets) Units US$
2%
GLOBAL 6%
8%
ULTRA-LONG RANGE 10%
25%
LARGE 15%
SUPER MID-SIZE 10% 20%
11%
MID-SIZE
20%
MID-LIGHT 18%
10%
LIGHT
7%
26%
VERY LIGHT 8%
4%
* not including air taxi demand (2,500 – 3,000 a/c)
9,680 Aircraft US$ 144 billions in the next 10 years

13. 2006-2015 Market Forecast – Very Light segment
2%
VERY LIGHT
8%
26%
10%
15%
2,515 * 18%
10%
11%
Very Light Light Midlight Midsize Super Large Ultra-long Global
Midsize Range
* not including air taxi demand (2,500 – 3,000 a/c)
Very light segment expected to reach 26% of total deliveries

14. 2006-2015 Market Forecast – Light segment
2%
8%
10% 26%
15%
10% 18%
11% LIGHT
1,755
Very Light Light Midlight Midsize Super Large Ultra-long Global
Midsize Range
Light segment will answer for 18% of total deliveries

15. 2006-2015 Market Forecast – Super Midsize segment
2%
8%
10% 26%
15%
SUPER
MIDSIZE 18%
10%
11%
1,415
Very Light Light Midlight Midsize Super Large Ultra-long Global
Midsize Range
Super midsize segment: 15% of total deliveries

16. NBAA 2005 Press Conference Luís Carlos Affonso
Legacy 600 - Program Update Senior Vice-President, Executive Aviation
November 08th, 2005

17. The world discovers the Legacy 600
60 aircraft, 15 countries, the right choice

18. Competitive Analysis – Floor Plans
Legacy 600
Superior Privacy and Comfort

19. Connectivity
128 kbps wireless network powered by
Inmarsat Swift64© satellite communication
service, providing:
En route productivity enhancement
In-flight office
Upgradable to future available B-GAN
R ED service (up to 432 Kbps per channel)
LIVE
DE Available as of 2Q 2005
HSD - High Speed Data
Connected at the speed of business

20. Sound Quality Improvement
Insulation material improved
Communication enhancement
through the aircraft
Enhanced In-flight quietness
Reduced noise variation along
the aircraft
Maximize your flight experience
Available as of 4Q/2005

21. Legacy 600 - Landmarks
2002 2003 2004 2005
Window
Shade
Enhancements 41,000 ft
Short Ceiling
LCY Runway
Performance
Operation
Maintenance
Plan 9,500 ft
Take-off
Range Landing
HSD
New Interior Altitude
Certification
CTA / FAA / JAA / CIS
Promises made … promises delivered

22. Legacy 600 - Landmarks
2002 2003 2004 2005
Window
EVSShade
Enhancements D 41,000 ft
E RE Short Ceiling
IV Runway
D EL LCY
Operation
Baggage
Performance
Maintenance compartment
Plan improvement 9,500 ft
LED Take-off
Range Landing
lighting HSD
New Interior Altitude
Enhancements ICE – Air
Show
to come
Certification System
Avionics - update
New
weather
CTA / FAA / JAA / CIS radar
EFB
anthenna
And more on the way

23. Super midsize category market share
15%
11% 11%
8%
2002 2003 2004 2005-2014
Consistent deliveries performance

24. Phenom 100 and Phenom 300 Luís Carlos Affonso
Program Update Senior Vice-President, Executive Aviation
November 18th, 2005

25. Integrated Development
Embraer uses a full range of technologies to enable a complete development
integration for its products.
It is a successful heritage that comes from Embraer Commercial aircraft
experience and is being applied to Embraer Very Light and Phenom 300s

26. Integrated Development

27. Phenom 100
Cross Section Evolution Preliminary data
ORIGINAL
4ft 11in
3ft 2in
5ft 1 in

28. Phenom 100
Cross Section Evolution Preliminary data
ORIGINAL Oval Lite™
4ft 11in
4ft 11in
3ft 2in 3ft 7in
5ft 1 in 5ft 1 in

29. Phenom 100
Interior design
Designed by
Preliminary data

30. Phenom 100
Interior design
Designed by
Preliminary data

31. Phenom™ 100 by Embraer
Interior
Baggage Compartment Preliminary data
55 cu.ft divided into pressurized and non-pressurized areas
Spacious enough for sporting gear
45 cu.ft.
5 cu.ft.
Competitors Baggage Compartment 5 cu.ft.
Eclipse 500(1): 26 cu.ft.
Adam 700(2): 25 cu.ft.
Cessna Mustang(3): 49 cu.ft. (external: 20 FWD + 25 AFT ; internal: 4)
Sources

32. Phenom™ 100 by Embraer
Interior
Summer Baggage Capacity All preliminary data – images for illustrative proposes only
4 Golf Bags
9 in x 46 in Diameter (0.23 m x 1.17 m)
4 Garment Bags
(21 in x 23 in x 8 in) 0.53 m x 0.58 m x 0.2 m
4 Roll-on Bags
(22in x 14in x 10in) 0.56 m x 0.36 m x 0.25 m
4 Small Bags
(16.5 in x 13.5 in x 4 in) 0.42 m x 0.34 m x 0.11 m

33. Contracted Suppliers
by
Avionics
Interior Design
Engines
Hydraulics
Flap Actuators
Thrust Control
Landing Gear Control Lever
Landing Gear Hydraulic Components

34. Why Garmin
G-1000 is the best choice...
Product compliant with Embraer’s Vision
Award-winning product support - worldwide
loaner LRUs placed strategically around the world and
service center network already being trained
World-class manufacturing capability
Disciplined HALT and HAAS laboratory testing
Comfortable transition from GNS430/530 operating system
Sound business partner with outstanding brand recognition
Low risk to the Phenom 100 & Phenom 300 programs

35. Phenom 100 & Phenom 300 Differentiators
Maintenance Function
Embraer Phenom 100 & Phenom 300 monitors the complete aircraft
systems health and route engine trend, indicating failures at LRU
level, hence it maximizes trouble-shooting efficiency.
3 same P/N - Twelve inches displays
Low inventory (1 single p/n);
Higher Dispatchability/ Flexibility
Integrated Standby Instrument (ISIS)
Embraer optimizes space for passenger and baggage by having the main
avionics equipment, in a cabinet configuration, concentrated at the 3 core
avionics rack (behind the displays). Also, since it’s possible to keep the
core avionics inside the pressurized area, reliability is improved.

36. Phenom 100
Cockpit Design Drivers
Single-pilot operation
Human-factors
Enhanced situational awareness
Glass cockpit with large displays
State-of-the-art avionics
Preliminary data

37. Phenom 100
ProdigyTM Flight Deck Illustrative purposes only - preliminary data
Garmin avionics platform tailored for Embraer

38. Phenom 100
Avionics – Prodigy™ based on Garmin G1000
Dual Primary Function Displays (PFD)
Multi Function (MFD) / Engine Info.Crew and Alert System (EICAS) display
Systems Synoptic / Moving Maps
Integrated Standby Instruments
Dual Air Data Computers (ADC)
Reduced Vertical Separation Minimum (RVSM) compatible
Flight Management System (FMS)
Dual Attitude and Heading Reference System (AHRS)
3-axis CAT I Autopilot / Flight Director
Weather Overlay
Preliminary data

39. Phenom 100
Avionics – Prodigy™ based on Garmin G1000
Airborne Audio System and Aural Warning
Mode-S Transponder
Dual VHF Communication System
Dual VHF Navigation System
Global Positioning System (GPS) – Wide Area Augmentation System (WAAS)
Emergency Locator Transmitter (ELT)
Health Monitoring
Terrain Awareness System (TAWS)
Traffic Information System (TIS)
Preliminary data

40. Phenom 100
Avionics – Prodigy™ based on Garmin G1000
Weather Radar
Traffic Advisory System
Voice Recording
Electronic Charts and Manuals
Electronic Checklist
CNS / ATM – Communications, Navigation and Surveillance / Air Traffic
Management
Datalink
Preliminary data

41. Phenom 100
Break System: Break-by-Wire with anti-skid function
Break-by-wire
• Failure detection diagnosis
• No system tuning after maintenance tasks
• BIT – Built and Test system availability – making initialization
tests transparent to the pilot
• State-of-the-art technology available to light jets
Anti-skid
Prevents tires lockup due to pilot applied pressure
Improves operation on all runway conditions
Enhances braking performance
Preliminary data

42. Phenom 100
Direct Operating Costs
Lower than an entry level jet
Similar to King Air C90B **
* in accordance with B&CA assumptions – Typical Bizjet Operation
** B&CA Operations Planning Guide – August 2005
Preliminary data

43. Phenom 100
Layout Configuration Comparison – Jets
Phenom 100* Eclipse 500 Mustang Adam 700 CJ1
(Entry Level Jet)
Source: Conklin & de Decker Aircraft Comparator 2003/2004 – Manufacturers’ web sites and promotional material * Preliminary data

44. Phenom 100
Cross-section Comparison – Jets
4ft 8in 4ft 7in
4ft 11in
4ft 11in
4ft 2in
5ft 1in 4ft 6in 5ft 1in
Phenom 100* vs. Eclipse 500 Embraer Phenom 100* vs.
Mustang
Source: Conklin & de Decker Aircraft Comparator 2003/2004 – Manufacturers’ web sites and promotional material * Preliminary data

45. Phenom 100
Cross-section Comparison – Jets
4ft 6in 4ft 11 in
4ft 11in
4ftt 4in
4ft 10in
4ft 11in
5ft 1in 5ft 1in
Phenom 100* vs. Adam 700 Phenom 100* vs. CJ1 (Entry Level Jet)
Source: Conklin & de Decker Aircraft Comparator 2003/2004 – Manufacturers’ web sites and promotional material * Preliminary data

46. Phenom 100
Competitive Analysis – Jets
Embraer CJ1+
Characteristics Phenom Eclipse Mustang A700
100 (entry level)
Range (nm)* 1,160 1,215 1,158 1,100 1,285
High Speed Cruise (ktas) 380 375 340 340 387
MMO M 0.70 M 0.64 N/A N/A M 0.71
Max. Operating Altitude (ft) 41,000 41,000 41,000 41,000 41,000
Takeoff Field Length (ft) 3,400 2,155 3,120 2,950 3,200
Cabin Volume (cu.ft.)** 305 187 230 241 272
List Price (US$ Million)*** 2.75 1.47 2.53 2.10 4.18
Assumptions
Preliminary data

47. Phenom 100
Layout Configuration Comparison – Turboprop
Phenom 100* King Air C90B
Source: Conklin & de Decker Aircraft Comparator 2003/2004 – Manufacturers’ web sites and promotional material * Preliminary data

48. Phenom 100
Cross-section Comparison – Turboprops
4ft 6 in
4ft 11in
4ft 10in
5ft 1in
Phenom 100* vs. King Air C90B
Source: Conklin & de Decker Aircraft Comparator 2003/2004 – Manufacturers’ web sites and promotional material * Preliminary data

49. Phenom 100
Competitive Analysis – Turboprop
Embraer
Characteristics King Air C90B
Phenom 100
Range (nm)* 1,160 933
High Speed Cruise (KTAS) 380 246
MMO M 0.70 N/A
Maximum Operating Altitude (ft) 41,000 30,000
Takeoff Field Length (ft) 3,400 2,712
Cabin Volume (cu.ft.) 305 N/A
List Price (US$ Million) 2.75 2.77
Assumptions
Preliminary data

50. Phenom 100
Window Dimensions Comparison Preliminary data
A (in) B (in) Area (sq.ft.)
A Phenom 100 13.07 13.78 1.151
Citation Mustang 16.34 9.76 0.870
B
Citation CJ2/CJ3 9.29 11.77 0.699
Citation Sovereign 9.76 13.31 0.824
Citation XLS 11.10 14.16 0.996
Learjet 40 8.50 12.91 0.719
Learjet 60 10.59 11.93 0.830
Hawker 400 XP 10.43 14.96 0.851
Source: Conklin & de Decker
Aircraft Comparator 2003/2004 Hawker 800 XP 10.16 12.60 0.835
The largest window among the Light Jets

51. Phenom 100
Entry into Service: mid-2008
Price: US$ 2.75 million

52. Embraer Phenom
300
Phenom 300

53. Phenom 300
Cross Section Preliminary data
9 in
4ft 11in
18 in
3 ft 7 in
5 ft 1 in

54. Phenom 300
Layout Configurations
9 occupants
14 ft
16 ft
8 occupants
Preliminary data

55. Phenom 300
Interior Design
Designed by
Preliminary data

56. Phenom 300
Baggage Capacity
Preliminary data
Refreshment Center - 10 cu.ft Baggage Compartment - 66 cu.ft
Closet - 3 cu.ft
Raft compartment - 7 cu.ft Wardrobe - 5 cu.ft
Competitors Baggage Compartment
Hawker 400XP: 47 cu.ft.
Citation Encore: 69 cu.ft.
Learjet 40: 65 cu.ft.
Sources
76 cu.ft of baggage capacity

57. Phenom 300
ProdigyTM Flight Deck Illustrative purposes only - preliminary data
Garmin avionics platform tailored for Embraer

58. Phenom 300
Layout Configuration Comparison
Phenom 300* CJ2+ Bravo CJ3 Encore
(Mid-light)
Source: Conklin & de Decker Aircraft Comparator 2003/2004 – Manufacturers’ web sites and promotional material * Preliminary data

59. Phenom 300
Layout Configuration Comparison
Layout Configuration
Comparison
Phenom 300* Premier I Hawker 400XP
Source: Conklin & de Decker Aircraft Comparator 2003/2004 – Manufacturers’ web sites and promotional material * Preliminary data

60. Phenom 300
Cross-section Comparison
4ft 11in 4ft 10in
4ft 11in
4ft 11in
4ft 10in
4ft 9in
5ft 1in 5ft 1in
Phenom 300* vs. CJ2+ / CJ3 / Encore (Mid-light) Phenom 300* vs. Bravo
Source: Conklin & de Decker Aircraft Comparator 2003/2004 – Manufacturers’ web sites and promotional material * Preliminary data

61. Phenom 300
Cross-section Comparison
5ft 6in 4ft 11in (1.50m)
4ft 10in (1.47m)
4ft 11in
4ft 11in
5ft 5in
5ft 1in (1.55m) 5ft 1in (1.55m)
Phenom 300* vs. Premier I Phenom 300* vs. Hawker 400XP
Source: Conklin & de Decker Aircraft Comparator 2003/2004 – Manufacturers’ web sites and promotional material * Preliminary data

62. Phenom 300
Competitive Analysis
Phenom
Characteristics CJ2+ Bravo CJ3 Encore
300
Range (nm)* 1,800 1,550 1,519 1,774 1,780
High Speed Cruise (KTAS) 450 407 400 415 426
MMO M 0.78 M 0.734 M 0.70 M 0.737 M 0.755
Maximum Op. Altitude (ft) 45,000 45,000 45,000 45,000 45,000
Takeoff Field Length (ft) 3,700 3,420 3,600 3,180 3,490
List Price (US$ Million) 6.65 5.38 6.04 6.43 8.15
Assumptions
Preliminary data

63. Phenom 300
Competitive Analysis
Embraer
Hawker
Characteristics Phenom Premier I
400XP
300
Range (nm)* 1,800 1,232 1,482
High Speed Cruise (KTAS) 450 451 450
MMO M 0.78 M 0.80 M 0.78
Maximum Op. Altitude (ft) 45,000 45,000 45,000
Takeoff Field Length (ft) 3,700 3,792 3,906
List Price (US$ Million) 6.65 5.82 6.99
Assumptions
Preliminary data

64. Phenom 300
Entry into Service: mid-2009
Price: US$ 6.65 million

65. Integrated Solutions Luís Carlos Affonso
Senior Vice-President, Executive Aviation
November 18th 2005

66. Comprehensive Training Program – Phenom 100 / Phenom 300
Preliminary data
Phase 1: Phase 2: Phase 3: Phase 4:
Flight Skills Ground Simulation Mentor Pilot
Assessment School
Pilot evaluation Classroom Training FTD and FFS developed for
Phenom 100 & Phenom 300
Jet Transition Course CBT Self Paced
Computer Procedure
CBT distance learning
Training (CPT)
CBT: Computer Based Training
CPT: Cockpit Procedure Training
FTD: Flight Training Device
FFS: Full Flight Simulator
An Outstanding Training Program

67. Embraer Tip-to-Tail – Phenom 100 & Phenom 300 PpH
Program
Flexible coverage 5, 7 or 10 years
Tip-to-tail – includes Engines
Labor for inspections and mandatory service bulletins (ASC)
Labor for troubleshooting and Mobile Team for R&I (optional)
Exchange and repair costs
Consumables and Expendables items covered
Delivery and Core Recovery Freight
Tip-to-Tail program: more residual value

68. NBAA 2005 – First Impressions Luís Carlos Affonso
Senior Vice-President, Executive Aviation
November 18th 2005

69. Phenom 100 and Phenom 300 Unveiling - Video

70. NBAA 2005 - Media Coverage

71. NBAA 2005 - Media Coverage

72. NBAA 2005 - Media Coverage

73. NBAA 2005 - Media Coverage

74. Phenom 100 Interior

75. Phenom 300 Interior

76. NBAA 2005 - Media Coverage

77. NBAA 2005 - Media Coverage

78. Thank You !

79. Due to time span between the date of this document/presentation and the entry into service of
the aircraft, Embraer reserves the right to revise this document/presentation whenever
occasioned by product improvement, government regulations or other good cause.
The information contained herein is the property of Embraer S.A. and shall not be copied or
used in any manner except with Embraer´s written consent.