PDG Realty invests in Brasil Brokers

Investor Relations:

Mi h l WMichel Wurman CFO and IROJoão Mallet

Financial and IR ManagerGustavo Janer

Financial and IR Analyst

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Telephone: +55 (21) 3504-3800E-mail: ri@pdgrealty.com.br

Website: www.pdgrealty.com.br/ir

Agenda

Acquisition Rationale.

Inclusion of Avance and PDG Realty’s stake in Brasil Brokers.y

Brasil Brokers structure.

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Acquisition Rationale

Reaffirm and reinsure our interest in the real estate brokerage and service sector by acquiring an equity stake in a major sector player.

Sector with low risk and high growth prospectsSector with low risk and high growth prospects.

Ongoing strategy of investment diversification trough partnerships with major market players.

Arbitrage opportunity on discounts between listed companies versus private equity iinvestments.

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Inclusion of Avance and PDG Realty’s stakein Brasil Brokers

PDG Realty transferred jointly with the remaining partners of Avance Negócios PDG Realty transferred, jointly with the remaining partners of Avance Negócios Imobiliários S.A., 99.9% of Avance shares to Brasil Brokers.

Avance is a real estate brokerage company focused on the sale of units to the mid and mid-low segments which has exclusivity rights over the sales of units of Goldfarb mid low segments, which has exclusivity rights over the sales of units of Goldfarb Incorporações e Construções S/A in the cities where it holds relevant stakes.

PDG Realty will hold approximately 14.5% of Brasil Brokers, already considering the stake received by the Company as a result of the transfer of the Avance stake.received by the Company as a result of the transfer of the Avance stake.

The transfer of Avance and PDG Realty’s final stake in Brasil Brokers are subject to changes as a result of the IPO.

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Brasil Brokers

Brasil Brokers is a real estate broker and consultant company comprising 11 companies Brasil Brokers is a real estate broker and consultant company, comprising 11 companies with a strong presence in the most important Brazilian real estate markets.

The company operates in all segments of the Brazilian real estate market through a geographically well distributed broker network and its companies hold leading positions geographically well distributed broker network and its companies hold leading positions in the country’s most important metropolitan areas.

Geographical Diversification: present in 70 cities on the Southeast and Northeast regions of Brazil including the metropolitan regions of São Paulo (including the ABCD regions of Brazil, including the metropolitan regions of São Paulo (including the ABCD satellite cities), Rio de Janeiro (including Niterói and Região dos Lagos), Belo Horizonte, Salvador and Natal.

Brasil Brokers currently has the largest sales force in the country, with approximately Brasil Brokers currently has the largest sales force in the country, with approximately 2,130 brokers distributed through 275 points of sale and 420 employees.

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Brasil Brokers

Éti I biliá i b ti i 1983 b k i th l t t t lli d tÉtica Imobiliária began operations in 1983 as a broker in the real estate sector, selling ready-to-live projects, mainly for mid-high, mid-low and economic segments. It is the leader on sales onRio de Janeiro metropolitan region, and currently has 700 brokers and 131 employees.

Basimóvel Imobiliária was founded in 1979 as a real estate broker selling new residentiallaunches, mainly in the mid-low and economic segments. It is ranked second in the propertylaunch and brokerage segments in the metropolitan region of Rio de Janeiro. The company hasaround 320 brokers and 28 employees.p y

Based in Niteroi, in the state of Rio de Janeiro, Patrimóvel was founded in 1999, as a real estatebroker selling new launches, mainly residential projects for the mid-high, mid-low and economic

PATRIMÓVEL NITERÓI segments. It currently the real estate sales leader in Niteroi and has 151 brokers and 40employees.

PATRIMÓVEL NITERÓI

Gribel is based in Belo Horizonte, in the state of Minas Gerais and was founded in 2004 as abroker for the sale of residential real estate launches in the high, mid-high, mid-low andeconomic segments. It has a sales force of 80 brokers and 8 employees.

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Brasil Brokers

Brito & Amoedo is headquartered in Salvador, in the state of Bahia. It was founded in 2004 as abroker for real estate launches, mainly residential developments for the high, mid-high, mid-lowand economic segments. It has 193 brokers and 10 employees.

Founded in 2005 and based in São Paulo, i.Price brokers focuses on the sale of real estatelaunches, mainly residential developments in the mid-high, mid-low and economic segments. Inthe first half of 2007, it was ranked as the fifth largest real estate broker in the state of São Paulo,operating in the ABCD satellite cities, Osasco, Campinas and Taboão da Serra. It has anexperienced sales force of 339 broker s and 40 employees.

Del Forte Planejamento e Empreendimentos Imobiliários Ltda. began operations in 2004 as arealtor in the high, mid-high and mid-low residential segments. It also has extensive experience ing g g pprojects for the economic segment. All of its activities are focused on new developments.Currently it has a sales force of 250 brokers and 60 employees.

Based in São Paulo with a branch in Campinas, Avance was founded in 2005 as an exclusivebroker for Goldfarb Incorporações e Construções S/A, handling the sale of real estate launchesmainly in the economic segment. It is currently the third largest realtor in the state of São Paulo interms of number of launches and of units launched. Avance currently has 114 brokers and 34employees.

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Brasil Brokers

Based in Rio de Janeiro, Américas began operations in 2005 as a broker for real estate launches,Based in Rio de Janeiro, Américas began operations in 2005 as a broker for real estate launches,mainly residential projects in the mid-high, mid-low and economic segments. It is the third largestreal estate broker in the metropolitan region of Rio de Janeiro, with a sales force of 106 realtorsand 10 employees.

Founded in 2006 in Belo Horizonte, in the state of Minas Gerais, with offices in São Paulo and Riode Janeiro and operating in most regions of Brazil. Primaz structures the purchase and sale ofinterests in real estate complexes, targeting the corporate and property investor markets.

Abreu Imóveis Ltda. started its activities in 1973 as a broker for residential real estate launches inthe mid high mid low and economic segments as well as land parceling and hotels It is one ofthe mid-high, mid-low and economic segments, as well as land parceling and hotels. It is one ofthe leading realtors in the metropolitan region of Natal, with 54 brokers and 66 employees.

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