This document provides a summary of Embraer's presentation at an analyst and investor meeting on business aviation. The presentation discusses the size and growth projections of the business aviation market, Embraer's competitive advantages in commercial aviation that position it well for the business jet market, and its vision to become a major player in business aviation within 10 years. Embraer outlines its strategy of developing innovative product and service solutions and conducting extensive market research. Details are provided on Embraer's current and planned product lines expanding from very light jets to larger business jets.

1. • Embraer Analyst & Investors
Meeting
• Business Aviation
Paris, France - June 15th, 2005
Luís Carlos Affonso
Senior Vice-President Corporate Aviation Market

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. Embraer in
Business Aviation

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

5. Embraer Competitive Factors
Solid position in the commercial aviation market
Enterprise expertise
Ability to identify market and product opportunities
Development of differentiated products at competitive costs
Industrial efficiency
Global customer support and services

6. Embraer Competitive Factors
Solid position in the commercial aviation market
Enterprise expertise
Ability to identify market and product opportunities
Development of differentiated products at competitive costs
Industrial efficiency
Global customer support and services
Business Aviation Market experience
General Aviation previous experience

7. Embraer Competitive Factors
Solid position in the commercial aviation market
Enterprise expertise
Ability to identify market and product opportunities
Development of differentiated products at competitive costs
Industrial efficiency
Global customer support and services
Business Aviation Market experience
General Aviation previous experience
Worldwide acceptance
Continuous market understanding and product enhancement
Unmatched reliability levels

8. The world discovers the Legacy
52 aircraft, 13 countries, the right choice

9. Special runway operation
First large cabin twin jet capable to
operate in LCY
Wet and dry operations
Steep approach landing
Increased range capability:
London – Moscow ( 1,420 nm)
4 pax London – Cairo ( 1,930 nm)
D
8 pax
RE London – Azores ( 1,750 nm)
IVE
Mach 0.74
DEL Certified in 4Q 2004
LCY Operation
Ready for the most demanding missions

10. Short runways performance improvement
Enhanced performance
calculations
Demanding conditions: improved
take-off performance
More flexibility: shorter runaway
lengths, more airports available
D
ERE Certified in 4Q/2004
LIV
Range improvement
DE
Santos Dumont, Brazil: 1,315 to 1,730 nm ( + 32%)
Key West, USA: 1,990 to 2,230 nm (+ 12%)
Bern, Switzerland: 1,604 to 1,922 nm (+ 20%)
London City, UK: 1,700 nm ( cleared to operate)
Fine tuned to meet customer needs

11. Ceiling
More flexibility
Freedom: avoid congested flight levels
Less turbulence
Less traffic
Certified in 1Q/ 2005
41,000 ft D (also as a SB for current operators)
ERE
LIV
DE
Improved mission capability

12. 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
service (up to 432 Kbps per channel)
Available as of 2Q 2005
HSD - High Speed Data
Connected at the speed of business

13. Take-off and landing altitude expansion
Allowance to operate from runways
located at high altitudes
Teterboro, NJ - Telluride, CO ( 1,640
nm)
non-stop with 8 passengers on board
Opens access to high-altitude airports
spread around the world
Available as of 4Q/2005
9,500 ft
New heights

14. Legacy Landmarks
2002 2003 2004 2005
41,000 ft
Enhancements Short Runway Ceiling
Performance
LCY
Operation
Maintenance
Plan
Range
New Interior
Certification
CTA / FAA / JAA / CIS

15. Legacy Landmarks
EVS
LED
lighting
EFB
Enhancements 9,500 ft Take-off
Landing Altitude
to come
HSD
Window Shade
Promises made … promises delivered

16. Legacy Authorized Sales Representative Network
United Kingdom and Ireland
Sub – Saharian African Countries
Belgium Monaco
Netherlands Côte d’Azur
Luxembourg
Growing Sales Structure

17. Super midsize category market share
90% of 2005 production sold
15%
11% 11%
8%
2002 2003 2004 2005-2014
Consistent deliveries performance

18. Embraer Competitive Factors
Solid position in the commercial aviation market
Enterprise expertise
Ability to identify market and product opportunities
Development of differentiated products at competitive costs
Industrial efficiency
Global customer support and services
Business Aviation Market experience
General Aviation previous experience
Worldwide acceptance
Continuous market understanding and product enhancement
Unmatched reliability levels

19. 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.

20. Understanding the market
In-depth assessment of the Business Aviation Market
4 advisory board meetings
4 global market surveys
3,000 operators surveyed
9 concept-aircraft tested + 6 under evaluation

21. Integrated solution
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
Truly revolutionary products

22. Truly revolutionary products – design drivers
Premium comfort Docile flying qualities
Outstanding performance Next generation engines
Low operating cost Designed for high utilization
Human factors High Availability

23. Truly revolutionary products
Very Light and Light Jets by Embraer

24. Very Light and Light Jets
Program Data
Item Embraer VLJ Embraer LJ
Price US$ 2.75 million US$ 6.65 million
Entry into Service mid 2008 mid 2009
Investment US$ 235 million
Preliminary data

25. Product portfolio expansion
Global
Ultra-Long Range
Large
Super Mid-Size
Mid-size
Mid-light
Light
Entry
Very-light

26. Thank you!