This document summarizes LPS Brasil's acquisition of Imóvel A Consultoria Imobiliária S.A., a luxury real estate brokerage in São Paulo, Brazil. Key points include: - LPS Brasil acquired a 60% stake in Imóvel A for an initial payment of R$24.3 million, with additional payments over 3 years totaling R$10 million if performance metrics are met. - Imóvel A is the leading luxury real estate brokerage in São Paulo, with an average property value of R$3.7 million and a team of 23 brokers. - The acquisition expands LPS Brasil's real estate platform and gives it exclusivity for Imóvel

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October 24, 2011
Acquisition of Imóvel A

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 Imóvel A Consultoria Imobiliária S.A.
It is not intended to be relied upon as advice to potential investors. The information does not purport 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.
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This presentation contains statements that are forward-looking and are only predictions, not guarantees 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.

3. 14th acquisition since July 2010 totaling over R$6.2 BI in Sales
DF
MG
RJ
SP
PR
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PR
RS

4. Units Inventory
Sales
Year 1
R$250 MM R$704 MM R$135 MM R$271 MMR$1.2 BI
TOTAL
R$2.6BI
Imóvel A Positioning in São Paulo
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3.7MM1.5MM800K400K
Average Ticket
200K

5. • Imovel A was founded 10 years ago, focused on selling luxury properties with an
average ticket of R$3.7 million;
•Imovel A is the absolute leader in luxury in the city of São Paulo, whose population for the
target market grew approximately 11% in 2011;
Company´s Overview
• The Company acts in exclusive secondary market and has a team of 23 brokers, working
in the boutique of properties concept.
• Acquisition of 60% of the business with a base value of R$ 24.3 million;
• No compete commitment from the partner after leaving the Company provided in the
contract.
• now holds exclusivity for all mortgage loans from Imóvel A Consultoria de
Imóveis, expanding its platform to penetrate this market.
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6. Base Scenario Acquisition
TotalTotal ProjectedProjected SalesSales (R$ MM)(R$ MM)**
271
352
440
201420132012
PaymentPayment FlowFlow (R$ MM)(R$ MM)
1,2
24,3
TotalYear 3
7,1
Year 2
6,0
Year 1Initial
Payment
10,0
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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.
*The amounts were calculated in the base scenario.

7. Contacts
INVESTORS RELATIONS
E mail: ri@lopes.com.br
Website: www.lopes.com.br/ri
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