The document provides an overview of Embraer's Executive Jets business from its July 18, 2006 investors meeting. It summarizes Embraer's outlook for the business aviation market between 2005-2015, highlights key Legacy 600 program milestones, and previews the Phenom 100 and 300 programs. It also outlines Embraer's vision to become a major business aviation player within 10 years and reviews its customer support roadmap and production plans through 2009.

1. Farnborough 2006
Investors Meeting
July 18th,2006
Luís Carlos Affonso
Executive Vice-President, Executive Jets
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.

2. Business Aviation Market Size
Significant Expansion
13.3
1.0
2.3
4.0
4.4
2.0
16.6
1.2
2.7
4.7
6.5
3.6
2005 2015
Airframe / OEM
Completion +
Refurbishment
MRO
FBO
Charter + Aircraft
Management
Fractional Ownership
US$ 27.1 bi
US$ 35.3 bi
Source: AT Kearney and
Embraer estimates
(2005 US$ billion)
Lower number of destinations Greater door-to-door elapsed time
“Premium” customers are under served
85%
76%
64%
51%
87%
72%
65%
50%
11%
35%
3% 5% 9% 12% 8%
17% 16% 15%
5%
37%
27%
19%
12%
19%
0%
20%
40%
60%
80%
100%
1995 2000 2005E 2010E 1995 2000 2005E 2010E
Network Low Cost Regional
USA Europe
Source: Embraer analysis.

3. Source:: Embraer (adapted from Jet Solutions)
YearlyTotalCost
FractionalOwnership
UsedFractional
Jetcardsmemberships
AircraftManagement
CharterOn-Demand
ScheduledCharter
BrandedCharter
“Bizav”Airline
TraditionalOwnership
Commercial Aviation
Airtaxi
Cost
Flexibility
Industry answer: business models evolution
2006-2015 Market Forecast (deliveries) - World
Product Categories
9,680 executive jets à US$ 144 billion in the next 10 years
Units
26%
18%
11%
10%
15%
10%
8%
2%
ULTRA LARGE
ULTRA-LONG RANGE
LARGE
SUPER MID-SIZE
MID-SIZE
MID-LIGHT
LIGHT
VERY LIGHT
US$
4%
8%
7%
10%
20%
20%
25%
6%
* not including air taxi demand (2,500 – 3,000 a/c)

4. Vision
To become a major player in the Business Aviation Market
within 10 years by providing innovative and differentiating
product and service solutions with added value to our
customers and shareholders.
Legacy™ 600 Program Update

5. The world discovers the Legacy™ 600
76 aircraft, 18 countries, the right choice
76TOTAL
1AFRICA
2LATIN AMERICA
5MIDDLE EAST
7ASIA
27EUROPE
34USA
30 June 2006
43% of Legacy fleet is flying in Europe, Africa and Middle East
Competitive Analysis– Floor Plans
Superior Privacy and Comfort

6. CTA / FAA / JAA / CIS
2002
Certification
Enhancements
2003 20052004
41,000 ft
Ceiling
New Interior
Range
LCY
Operation
Maintenance
Plan
Short
Runway
Performance
HSD
9,500 ft
Take-off
Landing
Altitude
Sound
Quality
Improvement
2006
ICE – Air
Show
System
update
Avinics -
New
weather
radar
antenna
Interior
enhancement
FMS - USB
Data Loader
Legacy™ 600 Landmarks
and more on the way
DELIVERED
Super midsize category market share
2005: deliveries growth of 54%
13%
12%12%
10%
2002 2003 2004 2005 2006-2015
10
a/c
13
a/c
13
a/c
20
a/c
15%

7. Phenom™ 100 by Embraer
Phenom™ 100
Preliminary data
Interior design

8. Phenom™ 100 and Phenom™ 300
Prodigy™ - Avionics based on Garmin system Preliminary data
Sources
Phenom™ 100
Baggage Compartment – Spacious for your sporting gear
Competitors – Main baggage compartment
Eclipse 500(1): 26 cuft (AFT).
Adam 700(2): 25 cuft (FWD).
Cessna Mustang(3): 37 cuft (AFT).
4545 cuftcuft
5 cuft
5 cuft
Preliminary data

9. Layout Configuration Comparison– Jets
Source: Conklin & de Decker Aircraft Comparator 2005/2006 – Manufacturers’ web sites and promotional material
Preliminary data
Phenom™ 100 CJ1
(Entry Level Jet)
Eclipse 500 Mustang Adam 700
Phenom™ 100
Phenom™ 100 – Wind Tunnel Test Campaign
Design specifications confirmed
Phase I - USA
UWAL - University of
Washington Aeronautical
Laboratory Phase II - Brazil
CTA - General Command
for Aerospace Technology Phase III - Russia
TsAGI – Central
AerohydrodynamicInstitute
COMPLETED

10. Phenom™ 100 – Engine first run
On schedule for the first flight
COMPLETED
Pratt & Whitney Canada PW 617F
Phenom™ 100 – Master Phase Plan
Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
2004 2005 2006 2007 2008
Entry Into Service
Business Plan Approval (Official “Go-Ahead”) ü
Business Plan Preparation ü
Business Case Approval ü
Joint Definition Phase ü
First Metal Cut
First Flight
Sub-Assembly
Final Assembly
Detailed Design and
Flight Test Campaign
ü

11. Phenom™ 300 by Embraer
Preliminary data
Interior design
Phenom™ 300
by

12. Phenom™ 300
Preliminary dataBaggage Compartment
Sources: B&CA Purchase Planning Handbook – May 2005
Baggage Compartment - 66 cuft
FWD Baggage Compartment - 5 cuft
Wardrobe - 5 cuft
Competitors Main Baggage Compartment
Hawker 400XP: 26 cuft
Citation Encore: 28 cuft
Citation CJ3: 50 cuft
Phenom™ 300
Preliminarydata
Totally new designed aircraft
45,000 ft ceiling
6,000 ft cabin altitude @ 41,000 ft
7,000 ft cabin altitude @ 45,000 ft
Data link capability (road map)
Trend and exceedance
Remote Diagnostic
Two way high speed

13. Phenom™ 300
Preliminarydata
Totally new designed aircraft
High Availability - Low Turn-Around Time (TAT)
Single Point Refueling
Externally Serviced Lavatory
Brake-by-wire with standard anti-skid
Phenom™ 300
Layout Configuration Comparison
PhenomTM 300 CJ3 Encore
(Mid-Light)
CJ2+ Bravo
Source: Conklin & de Decker Aircraft Comparator 2005/2006 – Manufacturers’ web sites and promotional material
Preliminary data

14. Phenom™ 300 – Wind Tunnel Test Campaign
Ongoing campaign
TsAGI – Central Aerohydrodynamic Institute - Russia
Phenom™ 300 – Master Phase Plan
Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
2004 2005 2006 2007 2009
Entry Into Service
Business Plan Approval (Official “Go-Ahead”) ü
Business Plan Preparation ü
Joint Definition Phase
Business Case Approval ü
Detailed Design and Flight Tests

15. Embraer LineageTM 1000
Embraer LineageTM 1000 - Interior
illustrative purposes only

16. Embraer LineageTM 1000
Preliminary dataLayout Configuration – flexibility
Embraer LineageTM 1000
Preliminary dataPerformance Data
20,000 lbfEngine APR Thrust – GE CF 34-10E
2,100 m (6,900 ft)Takeoff Field Length (MTOW / SL / ISA)
41,000 ft
Mach 0.82
4,200 nm
Embraer Lineage 1000
Certified Ceiling
MMO
Range *
Characteristics
* NBAA IFR reserves (35 min) with 200 nm alternate; 8 passengers @ 200 lb

17. Embraer LineageTM 1000
illustrative purposes onlyCockpit Technology – Honeywell Primus Epic
Preliminarydata
A new measure of luxury
Entry into service: mid-2008
Embraer LineageTM 1000

18. Vision
Embraer will be recognized in the next 3 years as
one of the top solution providers in the Executive
Aviation Market worldwide.
Customer Support Roadmap – 2006
MAY
Executive Care for Legacy
Ÿ New modules
Legacy training program
enhancements
OCTOBER
Legacy and Phenom worldwide
service center network unveiling
Phenom Executive Care Program
unveiling
Phenom Training Program and
simulators locations unveiling

19. Legacy Service Center Network
Wherever operators need
20 Authorized Service Centers offering airframe line and heavy maintenance
OGMA Executive Jets Service Center in Portugal
Major renovation creates a dedicated executive jets 16,600sq.ft facility
Alverca, Portugal

20. Sales, Backlog and Production Plan
US$ 1.25
billion
Executive Aviation Firm Order Backlog
Sales and Backlog as of June 30th, 2006
more than 235
units
Phenom 100 & Phenom 300 Firm Orders

21. 2007
Expected Production Plan– LegacyTM
600
Legacy™
600
200620052004
25 - 3025 - 302013 (units)
Expected Production Plan – PhenomTM
100 & PhenomTM
300
2009
2008
120 - 150
15 - 20 (units)
(units)
Phenom™ 100
Phenom™ 100 & Phenom™ 300

22. 2009
Expected Production Plan– LineageTM
1000
2008
3 - 4up to 2 (units)
Thank You !