1. First Quarter 2009
Results
April 30, 2009

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. Summary
• Embraer Lineage 1000 jet received FAA Certification
• Embraer sold an ERJ 135 jet to the Government of Thailand
• Embraer sold eight Super Tucano aircraft to the Dominican Republic
• ECC Leasing sold the second ERJ 145 jet to Brazil’s Federal Police
• Embraer confirmed the sale of 24 Super Tucano airplanes to Equador
• In the beginning of 2Q09, Embraer signed a contract with the Brazilian
Government for the development of the military transport jet KC-390 and
for the modernization of 12 jets for the Brazilian Navy, which totaled
US$1.44 billion

4. Results &
Performance

5. Jet Deliveries
59
52
45 48
40
(34 + 6)
1Q08 2Q08 3Q08 4Q08 1Q09

6. Net Revenue
US$ Million
20.4% 21.9% 21.7% 20.8%
18.2%
1,818
1,635 1,546
1,336
1,154
1Q08 2Q08 3Q08 4Q08 1Q09
Net Revenue Gross Margin

7. SG&A Expenses
US$ Million
59.1
57.6
52.8 62.9
36.9
106.2 101.8
93.3 91.7
65.8
1Q08 2Q08 3Q08 4Q08 1Q09
Selling Expenses General and Adm. Expenses

8. Income from Operations
US$ Million
15.1%
6.9% 6.5%
5.2%
275 2.4%
3.6%
113 101 32
49 27
1Q08 2Q08 3Q08 4Q08 1Q09
Income from Operations Margin

9. EBITDA
US$ Million
16.2%
7.7%
7.9% 6.8%
4.9%
4.1%
295
129 119 32
65 47
1Q08 2Q08 3Q08 4Q08 1Q09
EBITDA EBITDA Margin

10. Net Income
US$ Million
8.2%
6.1%
6.4%
3.7%
134
112
85
58
1Q09
1Q08 2Q08 3Q08 4Q08 (23)
-2.0%
Net Income Net Margin

11. Accounts Receivable and Clients Financing
US$ Million
485 538
382 410
373
34 14
34 34
35
401 406 444 430
370
1Q08 2Q08 3Q08 4Q08 1Q09
Accounts Receivable CCF A/c Leasing/Remarketing

12. Inventories
US$ Million
3,064
2,838 2,925 2,837
2,688
1Q08 2Q08 3Q08 4Q08 1Q09

13. Indebtedness
Total Debt: US$ 1,560 Million
Loans Average Maturity: 3 years and 3 months
4Q08 1Q09
Short Short
Term Term
29% 27%
Long Long
Term Term
71% 73%
• Average Cost in Brazilian Currency (R$): 8.06% p/a
• Average Cost in Foreign Currency (US$): Libor + 3.08% p/a

14. Net Cash (Debt)
US$ Million
650
524 492
376
122
1Q08 2Q08 3Q08 4Q08 1Q09

15. Backlog

16. EMBRAER 170/190 Family Order Book
Firm
Firm Orders Options Total Deliveries
Backlog
EMBRAER 170 193 84 277 153 40
EMBRAER 175 135 173 308 117 18
EMBRAER 190 436 459 895 218 218
EMBRAER 195 111 76 187 33 78
Total 875 792 1667 521 354
(as per 1st Quarter, 2009)

17. Order Backlog
US$ Billion
21,6
20,7 20,9
20,3
19,7
1Q08 2Q08 3Q08 4Q08 1Q09

18. Investor Relations
Phone: +55 12 3927 4404
investor.relations@embraer.com.br
www.embraer.com