1. BRASIL ECODIESEL S.A.
BRASIL ECODIESEL S.A.
Investor Relations
NBome
PRESENTATION OF 2Q10 RESULTS

2. BRASIL ECODIESEL S.A.
Brazilian Biodiesel Market
The Company
Strategy
Results – 2Q10

3. BRASIL ECODIESEL S.A.
Brazilian Biodiesel Market
The Company
Strategy
Results – 2Q10

4. BRASIL ECODIESEL S.A. | Brazilian Diesel Market - What is Biodiesel?
Key Factor of Success:
technology or raw material? “Our goal is to achieve the highest standard
quality in large scale production using
different vegetable oils!”
Technology Raw Material

5. BRASIL ECODIESEL S.A. | Brazilian Diesel Market
Brazilian Diesel Market (‘000,000 m³)
Diesel is the main Brazilian
fuel, 42% of all oil derived
fuels and more than 50% of
transportation fuels.
Domestic market extremely significant,
favoring the development and consolidation
Source: National Agency for Petroleum, Natural Gas and Biofuels – ANP.
of the sector. (*) 2009 Forecast

6. BRASIL ECODIESEL S.A. | Brazilian Diesel Market – National Biodiesel Program
Biodiesel Law: Mandatory
Current blend percentages are only the
use to increase production initial stimulus.
Higher blends are already feasible in
engines.
2010 on
Jul/09 – Dec/09 Blend: min. 5%
Jul/08 – Jun/09 Blend: min. 4%
Blend: min. 3%
1st Sem/08
Blend: min. 2%
2005 – 2007
Blend: up to 2%
Production growth shows the
success of the program
Source: ANP.
(1) Forecast considers B5 in 2010.

7. BRASIL ECODIESEL S.A.
Brazilian Biodiesel Market
The Company
Strategy
Results – 2Q10

8. BRASIL ECODIESEL S.A. | The Company- Brasil Ecodiesel on the map
Brasil Ecodiesel on the map
Biodiesel Plants
Farms

9. BRASIL ECODIESEL S.A. | The Company – Board of Administration and Officers
Board Members Main Executives
Name / Position Age Name / Position Age
Carlos Antonio Rocca Mauro A. Cerchiari
69 56
Chairman and Independent Board Member Chief Executive Officer (CEO)
Joel Mendes Rennó Charles Mann de Toledo
72 51
Vice-Chairman Investors Relations and New Businesses Officer
Mauro Fernando Maria Arruda Eduardo de Come
63 44
Board Member Chief Financial Officer (CFO)
Silvio Tini de Araújo Guilherme Augusto Raposo
63 43
Board Member Operations Officer
Jose Ferraz Ferreira Filho Expedito Parente Júnior
63 29
Board Member Industrial Officer
Marco Antonio Moura de Castro
Board Member
56 Corporate Governance
Wagner Pinheiro de Oliveira  All common shares with equal voting rights
47
Independent Board Member
 Tag-Along of 100%
 None of the board members are executives
 Active Fiscal Council

10. BRASIL ECODIESEL S.A. | The Company - Restructuring
Recent Past - Restructuring

11. BRASIL ECODIESEL S.A. | The Company – Fulfillment of Contracts Evolution
Fulfillment of Contracts with Petrobras

12. BRASIL ECODIESEL S.A.
Brazilian Biodiesel Market
The Company
Strategy
Results – 2Q10

13. BRASIL ECODIESEL S.A. | The Company – Strategic Direction for the next 5 years
Biodiesel Scenario:
“Higher demand for
biodiesel , more control of
Strategic
vegetable oil supply, and
less interference of the
Direction
government.”
STRATEGIC
EQUITIES OPERATIONAL
FIXED INCOME DIVESTMENT
SERVICES
Long Term Short Term Idle Assets
 Search for alternative raw materials  Reallocation of Floriano and Crateús idle assets  Selling our farms in Piauí, Ceará and Minas Gerais
and the crushing units equipments from Porto states
 Viability studies of Jatropha Curcas Nacional
plantations in BA, MS and other  Selling of Crateús crushing unit
locations.  Activate Iraquara and São Luiz Gonzaga’s
crushing units.
 Search partners for the development
of R&D in the agricultural area  Project to improve industrial efficiency
 Search for raw material supply partnerships for  Social Fuel Stamp (Selo Combustível Social) -
the short and medium terms. work with more advanced forms of Family
Farming organizations
 Corporate Restructuring – Headquarters and
organizational  Search for long term financing
 Redefinition of the Corporate Image
 Creation of the Company’s industrial R&D
 Monitoring M&A opportunities in the market

14. BRASIL ECODIESEL S.A.
Brazilian Biodiesel Market
The Company
Strategy
Results – 2Q10

15. BRASIL ECODIESEL S.A. | Results – 2Q10 Highlights
 Net Revenue of R$107.9 million in 2Q10
 Net Income of R$2.5 million with EBITDA of R$9.4 million
 Adjusted Net Income(*) of R$3.8 million and Adjusted EBITDA(*) of R$10.5 million in 2Q10
 EBITDA Margin of 8.7% and Adjusted EBITDA Margin(*) of 9.8% in 2Q10
 Reduction in indebtedness from R$65.8 million (1Q109) to R$65.0 million (2Q10);
 Increase of 36.3% in net cash, from R$48.3 million (1Q10) to R$65.9 million (2Q10);
 The shares of ECOD were included in Ibovespa and IBrX-50 Index.
(*) Excludes non-recurring revenue of R$ 1.1 million, due to the transfer of the Company’s headquarters to São Paulo.

16. BRASIL ECODIESEL S.A. | Results– 4Q09 Results
a) Excludes non-recurring revenue of R$11.0 million from accumulated ICMS tax benefits, pursuant to CP07, and R$36.4 million resulting from an
accounting adjustment related to the termination of a contract with Enguia Gen for the provision of biodiesel production capacity.
b) Excludes non-recurring revenue of R$10.8 million from ICMS tax benefits, pursuant to CP07.
c) Excludes non-recurring revenue of R$ 1.1 million, due to the transfer of the Company’s headquarters to São Paulo.

17. BRASIL ECODIESEL S.A. | Results – Revenue, Costs and Expenses
a) Excludes non-recurring revenue of R$11.0 million from accumulated ICMS tax benefits, pursuant to CP07.
b) Excludes non-recurring revenue of R$10.8 million from ICMS tax benefits, pursuant to CP07.

18. BRASIL ECODIESEL S.A. | Results – Debt position
Indebtdness (in R$ thousands) 6/30/2009 Part. % 3/31/2010 Part. % 6/30/2010 Part. %
2010 63,788 46.6% - - - -
2011 62,612 45.7% 12,008 23.2% 8,532 17.8%
2012 10,501 7.7% 15,854 30.6% 15,728 32.7%
2013 11 0.0% 15,780 30.4% 15,664 32.6%
2014 0 0.0% 8,204 15.8% 8,142 16.9%
Total 136,912 100% 55,676 100% 48,066 100%

19. BRASIL ECODIESEL S.A. | Results – Net Profit
1Q10(a) 1Q10(b) 2Q10 2Q10(c)
Adjusted Net Income (25,665) 7,549 2,678 3,807
Adjusted Net Margin 5.45% 2.48% 3.53%
a) Excludes non-recurring revenue of R$11.0 million from accumulated ICMS tax benefits, pursuant to CP07, and R$36.4 million resulting from an
accounting adjustment related to the termination of a contract with Enguia Gen for the provision of biodiesel production capacity.
b) Excludes non-recurring revenue of R$10.8 million from ICMS tax benefits, pursuant to CP07.
c) Excludes non-recurring revenue of R$ 1.1 million, due to the transfer of the Company’s headquarters to São Paulo.

20. BRASIL ECODIESEL S.A. | Results – EBITDA
2Q09 (a) 1Q10 1Q10(b) 2Q10 2Q10(c)
Adjusted Net Income 41,176 149,384 138,543 107,858 107,858
(-) COGS 38,312 119,748 119,748 88,684 88,684
Gross Profit (Loss) 2,864 29,636 18,795 19,174 19,174
Adjusted Net Profit (Loss) (25,665) 18,390 7,549 2,678 3,807
Adjusted EBITDA (1,967) 23,409 12,568 9,410 10,539
Adjusted EBITDA Margin -4.78% 15.67% 9.07% 8.72% 9.77%
a) Excludes non-recurring revenue of R$11.0 million from accumulated ICMS tax benefits, pursuant to CP07, and R$36.4 million resulting from an
accounting adjustment related to the termination of a contract with Enguia Gen for the provision of biodiesel production capacity.
b) Excludes non-recurring revenue of R$10.8 million from ICMS tax benefits, pursuant to CP07.
c) Excludes non-recurring revenue of R$ 1.1 million, due to the transfer of the Company’s headquarters to São Paulo.

21. BRASIL ECODIESEL S.A. | Results – Prices and Financial Volume Evolution
Price Evolution Financial Volume
Ibovespa x Ecod3 Ecod3
(100 basis in Jan/09) (in million reais)
12 M Average – R$42million

22. BRASIL ECODIESEL S.A. | Results – Market Cap and Shareholding Structure
Market Cap: Shareholding Structure (%)
(07/30/2010) (06/30/2010)
R$ 645,471,367.03
Number of Shares:
725,248,727
Number of shareholders: 25,189

23. BRASIL ECODIESEL S.A. | The Company – Index and ETF
Participation in the main index/ETF:
PRESENT PERSPECTIVES
• IBOVESPA • Carbon Efficient Index
• IBRX50
• IBX
• IGCX
• ITAG
• SMLL
• IVBX2
• ETF – BlackRock (New York)

24. BRASIL ECODIESEL S.A.
BRASIL ECODIESEL S.A.
Investor Relations
Phone: 55 11 3137-3114
NBome
ri@brasilecodiesel.com.br
www.brasilecodiesel.com.br