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CORPORATE PRESENTATION



        July, 2009
2


Capital Structure
Main Businesses
                                                  68 years of operations
        Premier Listed Companies                  Leadership role in several industries
             65.5%    Real Estate Development
                                                  National and international presence
                                                  Corporate Governance
                      Steel
                                                  Financial soundness
             5.8%
                                                  Results-oriented culture
                      Energy                      Capital discipline
             28.4%
                      Generation & Distribution

             17.9%    Highway Concessions


             44.0%    Shoes & Sportswear


             39.3%    Denim (Jeans)                    66%                                       34%

                      Financial Institutional
             4.5%
                      Holding

             1. 1%    Aluminum


         Private-Held Companies                                100%

             100.0%   Cement                                                          Special
                                                                                      Purpose
             100.0%   Civil Works                                                    Companies
3


Market Potential


                                        Capital markets
    THE                                 sponsorship

 BRAZILIAN         Market Potential

    REAL
  ESTATE
  SECTOR           Vast, cheaper than   Macroeconomic
                                        conditions and
                   usual financing
 VIRTUOUS                               governmental support

   CYCLE
4

Business Model

1      Acquisition of
       Lands in Swap
                                    Construction
                                     Financing
                                                          Receivables
                                                           Transfer


           Segment and Geographical diversification based on a vast and
                              valuable land bank


2                     Residential                            Commercial


     Mid and High Income             Low Income               AAA Offices



       Corporate                    Shares Cost             Integrated
3      Governance and
       Capital Discipline
                                    Center (CSC)            Systems and
                                                            Planning Process
5


Capital Discipline

           Acquisition of              Construction             Receivables
           Lands in Swap                Financing                Transfer


Land Acquisition Through Swap
  Lower Capital Exposure per project
  Lower Carrying costs; Project risks mitigated

Construction Financing
  Leverage by project at competitive costs
  Lower capital needs per project

Receivable Transfers
  Transfer: 100% of the project account receivables at face value (zero discount)
  No consumer risk after the delivery of keys
6


Landbank Diversification
              Geographical                                         Segment

                                                                     8%      12%


                                            PE
                                                           25%                      14%


                                 MG
                            SP         ES
                       PR         RJ
                                                              7%                 23%
                                                                    11%

 PSV estimated: R$10.0 billion                   Commercial
                                                 Low Income (until R$100k)
 Presence where Brazil’s GDP is concentrated     Economic (between R$100k and R$200k)
                                                 Medium (between R$200k and R$350k)
 17 urban areas pre-selected– entrance on new
 markets depends on business opportunities       Mid-High (between R$350k and R$500k)
                                                 High (between R$500k and R$1 million)
 Establishment of regional offices for greater   Luxury (more than R$1 million)
 operational efficiency
7


Business Model
               Segment and Geographical diversification based on a vast and
                                  valuable land bank


                          Residential                            Commercial


        Mid and High Income               Low Income              AAA Offices


Leading Brazilian Real Estate company, with exposure to all market
segments
  Ability so seize market opportunities
  Risk diversification by location and product type
8


Product Type Diversification
Low Income
  Acquisition of constructor with experience and established land bank to operations
  Fully Integrated Business Model: development, construction and sales
  Geographical Focus: influence area of major cities in the country-side of São Paulo
  Cycle: 18-24 months.

Other Residential Segment
  CCDI is a “PURE DEVELOPER”, i.e., does not have an in-house construction company
  Construction Contracted at Maximum Guaranteed Price (PMG)
  Third-party brokerage structure
  Cycle: 36 months.

AAA Office Building
  State of the Art building on premier locations on major financial centers
  High capital needs, Sophisticated and complex construction projects
  High technology - Sustainability
  Cycle: over 30 months, depending on project complexity
HM Engenharia
Our Low Income Footprint
10


HM Engenharia
    Reason to choose HM Engenharia
         Proven Track Record                                      After its acquisition, HM
         High quality Land Bank                                     has already launched
         Strong network with CEF and others financial
         institutions
                                                                   R$358.2 million in PSV
         OVER 100,000 UNITS BUILT AND DELIVERED


               Units Launched in 2006*                           Historical PSV Launched (R$ MM)

                                     4,600                       98,700                              101,447


                                                                                            72,820
                          2,987

    1,853                                                                          36,480
                                                        30,000
                                                                          18,752



     TENDA                  MRV   HM ENGENHARIA         4Q07     1Q08      2Q08    3Q08      4Q08    2009YTD
* Source: Companies Prospects
11


HM Engenharia
Standardized projects.
 Houses




   Quinta das Laranjeiras   Bela Vista Casas                   Parque Cosmópolis

 Apartments




 Praças de Sumaré                 Araucária Condomínio Clube      Bela Vista Varandas
12


Housing Program – Federal Govern
  Reason to choose HM Engenharia
    Proven Track Record
    High quality Land Bank
    Strong network with CEF and others financial institutions
    OVER 100,000 UNITS BUILT AND DELIVERED
CCDI
Other Projects
14


Residential Projects
“Arquitetura de Morar” projects represent R$420.6million in PSV launched
Economic Segments
CCDI launched 12 economic projects; PSV of R$450.8 million



                                                              Sold out 868
                                                             units in 50 days!




                                                              First project of
                                                             HM and CCDI as
                                                                 partners
Other Commercial
CCDI develops small office buildings, with huge sales success
17

Caieiras
    5,207,600 m² (1.3 thousand acres) land located in Caieiras.        Acquisition terms:
    São Paulo Metropolitan Region.                                        R$ 28 million in cash
       19 km (11.8 miles) from downtown São Paulo                         Balance in financial swaps
       Ample, easy, fast access (CPTM “A”-line train and major
       highways)
    Potential Sales Volume: from R$ 2.5 billion to R$ 3.0 billion
       Residential e commercial (support)                             CPTM Station: “A” Line
       20,000 units                                                 Approximately 45 minutes to “Luz”
       Economy segment (units between R$ 70 thousand and R$ 200                  Station
       thousand each)



Caieiras




                    São Paulo
Paulista
AAA Office Building and
Shopping Center in São Paulo’s
best location
19


Paulista                                       Land Bank: 12,500 m²
                                               Construction Potential:
                                               ~50,000 m²
                                               Project: Mixed-Use:
                                               Shopping + AAA Office
                                               CCDI stake: 50%

                                               PSV (100%): R$450 MM




            Shopping Center yards from Subway Station
           (Green Line – Paulista; Trianon-Masp Station)
Vila Olímpia (VIOL)
AAA Office Building in the heart of
São Paulo’s new economic center
21


VIOL   Location: Vila Olimpia, Sao Paulo

       PSV: R$1.0 billion (CCDI stake)

       Land Bank: ~40,000 m²

       Construction Potencial: ~132,000 m²

       Project under design/approval stages
Ventura Corporate Towers
The Premier AAA Office Builiding
in Rio de Janeiro
23


Ventura Corporate Towers


PHASE 1
    Launching: June/2006
    Estimated PSV (launching):
    R$380 MM (100%)
    CCDI stake: 44%

 Sale
    Dec/07: R$20 MM purchase option agreement
    Jan/08: option exercise and effective
    purchase/sale for R$422 MM
    Construction Status: 100% (Jun/08)

PHASE 2
    Launching: June/07
    Estimated PSV (launching): R$400 MM
    CCDI stake: 50%
    UNDER NEGOCTIATION FOR SALE
24


Corporate Backing
        Corporate                              Shares Cost                               Integrated
        Governance and                         Center (CSC)                              Systems and
        Capital Discipline                                                               Planning Process


  Corporate Governance
   – Listed on Novo Mercado

  Group Sponsorship
   – Business focus - scalability
          Shared service center serving over 40,000 employee-base, located in the country-side of São Paulo (lower
          fixed costs)

          SAP® in place from day one

  Management Team
   – Camargo Corrêa facilitates access to human capital

   – Key personnel acquired from top tier companies


                         For Operational and Financial highlights, please see Earnings Release
25


Contact

 Leonardo de Paiva Rocha                                                                                Rua Funchal, 160 – 9º andar
 CFO and IRO                                                                                            Vila Olimpia – São Paulo – SP – Brasil
 Fernando Bergamin                                                                                      ZIP: 04551-903
 IR Manager                                                                                             Tel: (55 11) 3841-5880
 ri.ccdi@camargocorrea.com.br                                                                           Fax: (55 11) 3841-5761

                                                                                                        www.ccdi.com.br/ri




 This presentation contains statements that are forward-looking within the meaning of Section 27A of the Securities Act and Section 21E of the Securities

 Exchange Act of 1934, as amended. Such forward-looking statements are only predictions and are not guarantees of future performance.

 Investors are cautioned that any such forward-looking statements are and will be, as the case may be, subject to many risks, uncertainties and factors relating to

 the operations and business environments of CCDI and its subsidiaries that may cause the actual results of the companies to be materially different from any
 future results expressed or implied in such forward-looking statements.

 Although CCDI believes that the expectations and assumptions reflected in the forward-looking statements are reasonable based on information currently
 available to CCDI’s management, CCDI cannot guarantee future results or events. CCDI expressly disclaims a duty to update any of the forward-looking
 statements.

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CCDI Institutional Presentation Jun/2009

  • 2. 2 Capital Structure Main Businesses 68 years of operations Premier Listed Companies Leadership role in several industries 65.5% Real Estate Development National and international presence Corporate Governance Steel Financial soundness 5.8% Results-oriented culture Energy Capital discipline 28.4% Generation & Distribution 17.9% Highway Concessions 44.0% Shoes & Sportswear 39.3% Denim (Jeans) 66% 34% Financial Institutional 4.5% Holding 1. 1% Aluminum Private-Held Companies 100% 100.0% Cement Special Purpose 100.0% Civil Works Companies
  • 3. 3 Market Potential Capital markets THE sponsorship BRAZILIAN Market Potential REAL ESTATE SECTOR Vast, cheaper than Macroeconomic conditions and usual financing VIRTUOUS governmental support CYCLE
  • 4. 4 Business Model 1 Acquisition of Lands in Swap Construction Financing Receivables Transfer Segment and Geographical diversification based on a vast and valuable land bank 2 Residential Commercial Mid and High Income Low Income AAA Offices Corporate Shares Cost Integrated 3 Governance and Capital Discipline Center (CSC) Systems and Planning Process
  • 5. 5 Capital Discipline Acquisition of Construction Receivables Lands in Swap Financing Transfer Land Acquisition Through Swap Lower Capital Exposure per project Lower Carrying costs; Project risks mitigated Construction Financing Leverage by project at competitive costs Lower capital needs per project Receivable Transfers Transfer: 100% of the project account receivables at face value (zero discount) No consumer risk after the delivery of keys
  • 6. 6 Landbank Diversification Geographical Segment 8% 12% PE 25% 14% MG SP ES PR RJ 7% 23% 11% PSV estimated: R$10.0 billion Commercial Low Income (until R$100k) Presence where Brazil’s GDP is concentrated Economic (between R$100k and R$200k) Medium (between R$200k and R$350k) 17 urban areas pre-selected– entrance on new markets depends on business opportunities Mid-High (between R$350k and R$500k) High (between R$500k and R$1 million) Establishment of regional offices for greater Luxury (more than R$1 million) operational efficiency
  • 7. 7 Business Model Segment and Geographical diversification based on a vast and valuable land bank Residential Commercial Mid and High Income Low Income AAA Offices Leading Brazilian Real Estate company, with exposure to all market segments Ability so seize market opportunities Risk diversification by location and product type
  • 8. 8 Product Type Diversification Low Income Acquisition of constructor with experience and established land bank to operations Fully Integrated Business Model: development, construction and sales Geographical Focus: influence area of major cities in the country-side of São Paulo Cycle: 18-24 months. Other Residential Segment CCDI is a “PURE DEVELOPER”, i.e., does not have an in-house construction company Construction Contracted at Maximum Guaranteed Price (PMG) Third-party brokerage structure Cycle: 36 months. AAA Office Building State of the Art building on premier locations on major financial centers High capital needs, Sophisticated and complex construction projects High technology - Sustainability Cycle: over 30 months, depending on project complexity
  • 9. HM Engenharia Our Low Income Footprint
  • 10. 10 HM Engenharia Reason to choose HM Engenharia Proven Track Record After its acquisition, HM High quality Land Bank has already launched Strong network with CEF and others financial institutions R$358.2 million in PSV OVER 100,000 UNITS BUILT AND DELIVERED Units Launched in 2006* Historical PSV Launched (R$ MM) 4,600 98,700 101,447 72,820 2,987 1,853 36,480 30,000 18,752 TENDA MRV HM ENGENHARIA 4Q07 1Q08 2Q08 3Q08 4Q08 2009YTD * Source: Companies Prospects
  • 11. 11 HM Engenharia Standardized projects. Houses Quinta das Laranjeiras Bela Vista Casas Parque Cosmópolis Apartments Praças de Sumaré Araucária Condomínio Clube Bela Vista Varandas
  • 12. 12 Housing Program – Federal Govern Reason to choose HM Engenharia Proven Track Record High quality Land Bank Strong network with CEF and others financial institutions OVER 100,000 UNITS BUILT AND DELIVERED
  • 14. 14 Residential Projects “Arquitetura de Morar” projects represent R$420.6million in PSV launched
  • 15. Economic Segments CCDI launched 12 economic projects; PSV of R$450.8 million Sold out 868 units in 50 days! First project of HM and CCDI as partners
  • 16. Other Commercial CCDI develops small office buildings, with huge sales success
  • 17. 17 Caieiras 5,207,600 m² (1.3 thousand acres) land located in Caieiras. Acquisition terms: São Paulo Metropolitan Region. R$ 28 million in cash 19 km (11.8 miles) from downtown São Paulo Balance in financial swaps Ample, easy, fast access (CPTM “A”-line train and major highways) Potential Sales Volume: from R$ 2.5 billion to R$ 3.0 billion Residential e commercial (support) CPTM Station: “A” Line 20,000 units Approximately 45 minutes to “Luz” Economy segment (units between R$ 70 thousand and R$ 200 Station thousand each) Caieiras São Paulo
  • 18. Paulista AAA Office Building and Shopping Center in São Paulo’s best location
  • 19. 19 Paulista Land Bank: 12,500 m² Construction Potential: ~50,000 m² Project: Mixed-Use: Shopping + AAA Office CCDI stake: 50% PSV (100%): R$450 MM Shopping Center yards from Subway Station (Green Line – Paulista; Trianon-Masp Station)
  • 20. Vila Olímpia (VIOL) AAA Office Building in the heart of São Paulo’s new economic center
  • 21. 21 VIOL Location: Vila Olimpia, Sao Paulo PSV: R$1.0 billion (CCDI stake) Land Bank: ~40,000 m² Construction Potencial: ~132,000 m² Project under design/approval stages
  • 22. Ventura Corporate Towers The Premier AAA Office Builiding in Rio de Janeiro
  • 23. 23 Ventura Corporate Towers PHASE 1 Launching: June/2006 Estimated PSV (launching): R$380 MM (100%) CCDI stake: 44% Sale Dec/07: R$20 MM purchase option agreement Jan/08: option exercise and effective purchase/sale for R$422 MM Construction Status: 100% (Jun/08) PHASE 2 Launching: June/07 Estimated PSV (launching): R$400 MM CCDI stake: 50% UNDER NEGOCTIATION FOR SALE
  • 24. 24 Corporate Backing Corporate Shares Cost Integrated Governance and Center (CSC) Systems and Capital Discipline Planning Process Corporate Governance – Listed on Novo Mercado Group Sponsorship – Business focus - scalability Shared service center serving over 40,000 employee-base, located in the country-side of São Paulo (lower fixed costs) SAP® in place from day one Management Team – Camargo Corrêa facilitates access to human capital – Key personnel acquired from top tier companies For Operational and Financial highlights, please see Earnings Release
  • 25. 25 Contact Leonardo de Paiva Rocha Rua Funchal, 160 – 9º andar CFO and IRO Vila Olimpia – São Paulo – SP – Brasil Fernando Bergamin ZIP: 04551-903 IR Manager Tel: (55 11) 3841-5880 ri.ccdi@camargocorrea.com.br Fax: (55 11) 3841-5761 www.ccdi.com.br/ri This presentation contains statements that are forward-looking within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements are only predictions and are not guarantees of future performance. Investors are cautioned that any such forward-looking statements are and will be, as the case may be, subject to many risks, uncertainties and factors relating to the operations and business environments of CCDI and its subsidiaries that may cause the actual results of the companies to be materially different from any future results expressed or implied in such forward-looking statements. Although CCDI believes that the expectations and assumptions reflected in the forward-looking statements are reasonable based on information currently available to CCDI’s management, CCDI cannot guarantee future results or events. CCDI expressly disclaims a duty to update any of the forward-looking statements.