4. Sale of 50 ERJ 145s and 50 EMBRAER 190s to HNA Group, the fourth largest airline company in China. The first contract involving an E-Jet in mainland China. Confirms the correctness of Embraer´s vision and its long-term strategy to become an important player in the Chinese market. Strategic Highlights

5. 2006 Highlights

6. 2006 Highlights Firm Order Backlog US$ billion Firm order backlog increased more than 40% in 2006. The highest in the Company’s history. US$14.8 Billion

8. 2006 Highlights In US$ millions Net Revenues Net Cash In US$ millions

9. 2006 Highlights Net Income In US$ millions

10. Highlights - Commercial Aviation More than 225 New Firm Orders Regional US Airways AeroRepublica Finnair FlyBe Royal Jordanian Tame

11. ERJ 145 Family Order Book (4rd Quarter 2006) 53 53 - - Firm Backlog 861 1,047 133 914 Total 679 864 132 732 ERJ 145 74 74 - 74 ERJ 140 108 109 1 108 ERJ 135 Deliveries Total Options Firm Orders

12. EMBRAER 170/190 Family Order Book (4rd Quarter 2006) 43 3 97 51 46 EMBRAER 195 410 264 74 29 Firm Backlog 209 1,187 568 619 Total 53 565 248 317 EMBRAER 190 25 235 136 99 EMBRAER 175 128 290 133 157 EMBRAER 170 Deliveries Total Options Firm Orders

13. Highlights – Business Jet Market Launch of the Lineage 1000 , an ultra-large business jet based on the platform of the EMBRAER 190. Phenom 100 and Phenom 300 have logged more than 350 firm orders.

14. Deliveries of 5 Super Tucano aircraft for the Colombian government representing the first international delivery of that model Delivery of seven F-5 BR remodeled aircraft and nine Super Tucano to Brazilian Air Force. Contracted by the Brazilian Government to develop the LINK-BR2 network data link system . Highlights – Defense & Government

16. The EMBRAER 195 aircraft received its certification from CTA and EASA, and first deliveries are made to Flybe and Royal Jordanian Airlines. The EMBRAER 190 aircraft received type certification from EASA, and the first deliveries are made to Régional(Air France subsidiary) and Finnair. Highlights – Engineering

17. Embraer assumed wing assembly of the EMBRAER 190 e EMBRAER 195 aircraft. Construction of the final assembly hangar and painting shop of the Phenom jets at Gavião Peixoto plant.. First metal part produced for the Phenom jets. Start of the production of the serial number 1000 aircraft of the ERJ 145 family. Highlights – Industrial Operations

18. Results & Performance

19. Jet Deliveries

20. Net Revenue by Segment 2005 2006

21. 2005 2006 Net Revenue by Market

22. Net Revenue US$ Million

23. Income from Operations US$ Million

24. Net Income US$ Million

25. Accounts Receivable US$ Million

26. US$ Million Inventories

28. Indebtedness Maturity US$ million

29. Net Cash (Debt) US$ million

30. Backlog and Deliveries

31. Order Backlog US$ billion

32. Aircraft Deliveries E E 130 165/170 195/205

33. Research & Development Forecast Defense & Government R&D are funded by their contracts and are included as Cost of sales and services Actual Previous 32 237 59 127 51 2007 48 21 Defense & Government 173 188 TOTAL 61 47 Technology Development 90 87 Executive Aviation 22 54 Commercial Aviation 2008 2007 US$ Million

34. PP&E Actual Previous 194 13 104 77 2007 117 77 TOTAL 29 - Customer Services 36 - Production Ramp Up 52 77 Productivity 2008 2007 US$ Million

35. US$ Million Dividends 1.11% 2.75% 3.51% YIELD 1.97% 5.73%

36. Investor Relations Phone: + 55 (12) 3927-4404 [email_address] www.embraer.com