1. Acquisition of the Brokerage Business
managed by Itaplan Imóveis
September 26, 2011
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2. Forward-looking statements
This presentation does not constitute an offer, or invitation, or solicitation of an offer to subscribe for or purchase
any securities neither does this presentation nor anything contained herein form the basis to any contract or
commitment whatsoever.
The material that follows contains general business information about LPS Brasil – LPS Brasil Consultoria de
Imóveis S.A and its subsidiaries (“LPS Brasil”) related to the acquisition of the real estate brokerage business of
Itaplan Brasil Consultoria de Imóveis S.A. e A.T.I. Brasil Serviços de Documentação S.A.
It is not intended to be relied upon as advice to potential investors or to be complete and is in summary form. No
reliance should be placed on the accuracy, fairness, or completeness of the information presented herein and
no representation or warranty, express or implied, is made concerning the accuracy, fairness, or completeness
of the information presented herein.
This presentation contains statements that are forward-looking and are only predictions, not guarantee of future
performance. Investors are warned that these forward-looking statements are and will be subject to many risks,
uncertainties, and factors related to the operations and business environments of LPS Brasil such as competitive
pressures, the performance of the Brazilian economy and the industry, changes on market conditions, among
other factors disclosed in LPS Brasil filed disclosure documents. Such risks may cause the actual results of the
companies to be materially different from any future results expressed or implied in such forward-looking
statements.
LPS Brasil believes that based on information currently available to LPS Brasil management, the expectations and
assumptions reflected in the forward-looking statements are reasonable. Lastly, LPS Brasil expressly refuses any
duty to update any of the forward-looking statements contained herein.
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3. Company’s Overview
• The Company was founded 43 years ago by Fábio Rossi, focused in the primary market,
with a sales force of over 550 independent brokers;
• It
is currently one of the largest real estate brokers of the Metropolitan Region of São
Paulo, and is in the 6th place in the Embraesp ranking of 07M11.
• Itaplan provides consulting services to developers, analysing from land viability to
product format;
• Acquisition of 51% of the brokerage business with a base value of R$ 29.2 million;
• No compete commitment from the partner after leaving, provided in the contract;
• CrediPronto! now holds exclusivity for all mortgages loan from LPS Itaplan, expanding its
platform to expand in this market.
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4. Acquisition in the Base Scenario
Estimated Sales (R$ MM)*
MM)*
51% 51% 51% 51%
52% 1.200,0
50% 1.000,0
48% 800,0
46% 600,0
858.0 936.5 1,024.1
44% 753.8 400,0
42% 200,0
40% -
Year 1 Year 2 Year 3 Year 4
Sales Net Margin
Increase in Lopes SP Sales Volume from Itaplan*
Itaplan*
6.000,0 0,25
20%
5.000,0 19%
17% 0,2
4.000,0
15%
3.000,0 0,15
5,022.0
2.000,0
0,1
1.000,0
- 0,05
Sales Lopes SP Year 1 Year 2 Year 3 Year 4
2010
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5. Acquisition in the Base Scenario
Payment Flow (R$ MM)
29.2
7.2
6.3
5.1
10.6
Down Year 1 Year 2 Year 3 Year 4 Total
Payment
Amounts based on current market conditions, with a
possibility of decreasing or reaching the cap value
according to the performance of the company, thus
establishing mechanisms for alignment of interests.
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6. Contacts
INVESTOR RELATIONS
E mail: ri@lopes.com.br
Website: www.lopes.com.br/ri
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