São Paulo | Rio de Janeiro | Brasília | Curitiba | Porto Alegre | Recife |

1. NORONHA ADVOGADOS GLOBAL LAWYERS São Paulo | Rio de Janeiro | Brasília | Curitiba | Porto Alegre | Recife | Belo Horizonte |London | Lisbon | Shanghai | Miami | Buenos Aires An Overview of Brazil Post Crisis Durval de Noronha Goyos Jr. Senior Partner - Noronha Advogados Presentation made for Connecticut Trade Mission – August 10, 2009.

2. Map of Brazil

3. June 30, 2009 - Brazil Post Crisis Source: O Estado de S. Paulo – 2 August 2009

4. June 30, 2009 - Brazil Post Crisis - II Source: O Estado de S. Paulo – 2 August 2009

5. Brazil’s GPD 1884 - 2010 9,0 7,8 7,5 7,0 5,7 5,7 5,4 5,3 5,1 4,7 5,0 4,4 4,3 4,0 4,5* 3,5 3,4 3,2 3,2 2,7 3,0 2,1 1,3 1,1 1,0 1,0 1,0 0,3 0,0 -0,1 -1,0 -0,5 -3,0 -4,3 -5,0 2008 2005 2006 2007 1992 1993 1994 1995 2000 2001 2002 1996 1997 1998 1999 1984 1985 1986 1988 2003 1987 1989 1990 1991 2004 2009* 2010* Source: Brazilian Institute of Geography and Statistics - IBGE *Projection

6. Brazil’s GDP in US$ Source: Brazilian Institute of Geography and Statistics - IBGE

7. GPD: IMF’s Projections for 2009 7,0 7 6,0 5 3,5 3 0,5 0,4 1 -0,3 -1 -0,5 -0,5 -0,9 -1,0 -1,9 -2,0 -2,0 -2,0 -3 -2,6 -2,8 -3,0 -3,0 -3,3 -3,4 -3,5 -3,5 -3,6 -3,6 -3,6 -4,0 -4,0 -5 -5,0 -5,0 -6,0 -7 EUA Itália Índia Chile Japão China Brasil França Rússia Taiwan México Canadá Polônia Turquia Hungria Holanda Austrália Portugal Espanha Tailândia Colômbia Argentina Alemanha Indonésia Cingapura África do Sul Reino Unido Rep. Tcheca Coréia do Sul Arábia Saudita Source: IMF

8. Foreign Direct Investment: Outbound Source: Central Bank

9. Foreign Direct Investment: Inbound US$ Billion Source: Central Bank * JAN - MAY/2009

10. Sources of Energy 86% 55% 45% 14% Source: Brazilian Ministry of Mines and Energy

11. World's Oil Reserves In Billion of Barrels Source: Oil & Gas Journal – January, 2008

12. Poverty In % Of The Brazilian Population – 1992/2009 Source: CPS/FGV

13. Middle Class in % of the Brazilian Population – 1992/2009

14. Number Of Minimum Wages Required to Acquire a Basic Car Source: MTE and DIEESE/PROCON

15. Real Growth of The Minimum Wage – 1996/2010 Minimum Wage today in SP: R$ 465,00 *Considering the IPCA accumulated from June to May Source: MTE - CAGED

16. Brazil – Inflation Rates Source: Brazilian Institute of Geography and Statistics - IBGE

17. Exchange Rates of the Real Against the US Dollar

18. Development of External Debt Source: Central Bank * JUN/2009

19. Salaries’ Growth Main Metropolitan Areas: São Paulo, Rio de Janeiro, Belo Horizonte, Salvador, Recife e Porto Alegre. Source: IBGE

20. BNDS and Multilateral Agencies Source: BNDS

21. Unemployment rate in Brazil Source: Brazilian Institute of Geography and Statistics - IBGE

22. Brazil’s trade Balance – 1991/2010 Source: Central Bank *Estimate

23. Brazil’s imports From Asia – 1989/2009 Source: Central Bank * Estimate

24. Brazil’s Exports to Asia – 1989/2009 Source: Central Bank * Data accumulated until May

25. Brazil’s Exports to the USA – 1995/2009 Source: Central Bank and SECEX

26. Brazil’s Exports to China – 1995/2009 Source: Central Bank and SECEX

27. Participation of Commodities in Brazil’s Exports Source: MDIC

28. Brazilian Trade in Agricultural products Source: International Relations and Trade Institute - Icone Brasil

29. Brazilian Trade in Agricultural products US$ Billion Source: Brazilian Confederation of Agriculture and Livestock – CAN

30. Brazilian Trade in Agricultural products - II Source: Brazilian Confederation of Agriculture and Livestock – CAN

31. Brazil’s Exports – Participation Of Emerging Countries

32. Brazil’s prevailing foreign policy doctrine recognizes the vulnerability of the country in a number of areas: Economic; Technological; Political; Commercial and Military. General Aspects of Brazil Foreign Policy Foreign Policy – General Aspects Source: Brazilian Ministry of Foreign Affairs

33. Brazil’s present foreign policy doctrine recommends alliances with other major developing countries such as: General Aspects of Brazil Foreign Policy - II Foreign Policy – General Aspects • China, • India, • Russia and • South Africa In order to minimize such vulnerabilities. Source: Brazilian Ministry of Foreign Affairs

34. Map of South America . São José do Rio Preto

35. South American Presidents Argentina Uruguay Paraguay Chile Bolivia Cristina Kirchner Tabaré Vázquez Fernando Lugo Evo Morales Michelle Bachelet Ecuador Peru Colombia Venezuela Brazil Rafael Correa Alan Garcia Álvaro Uribe Hugo Chávez Lula

36. South American Economies in 2009/2010 Forecasts for GDP

37. Foreign Policy – Brazil Main Regional Initiatives

38. Conflicts and Disputes between brazil and USA

39. Conflicts and Disputes between brazil and USA - II

40. Political differences • MULTILATERAL • REGIONAL

41. Co-operation between brazil and usa • JUDICIAL ASSISTANCE • Mutual legal assistance in minimal months 2001 • NARCOTIC DRUGS • Control of illicit drugs 1983 • REGIONAL HAITI

42. NORONHA ADVOGADOS Located in one of the main financial centers of the city, the São Paulo office is the head office of Noronha Advogados and the oldest, having been opened in June 1978. It concentrates the highest number of professionals and is the centre for the firm’s administrative and financial departments. Address: Alexandre Dumas, 1630CEP: 04717-004 São Paulo SP Brazil Phone: (55-11) 5188-8090Fax: (55-11) 5184-0097(55 11) 5184-2471 Contact:    Durval de Noronha Goyos Júnior Lilian Thomé

43. NORONHA ADVOGADOS

44. Thank you ! Durval de Noronha Goyos Jr. dng@noronhaadvogados.com.br www.noronhaadvogados.com.br