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Lopes acquires 75% of the largest real estate broker in the South Region of Brazil *   *  in sales volume Francisco Lopes – COO Roberto Amatuzzi – CFO - IR [email_address] www.lopes.com.br/ri
Forward Looking Statements This presentation does not constitute an offer, or invitation, or solicitation of an offer to subscribe for or purchase any securities neither does this presentation nor anything contained herein form the basis to any contract or commitment whatsoever. The material that follows contains general business information about Lopes – LPS Brasil – Consultoria de Imóveis S.A related to the acquisition of Dirani Investimentos Imobiliários Ltda. It is not intended to be relied upon as advice to potential investors. The information does not purport to be complete and is in summary form. No reliance should be placed on the accuracy, fairness, or completeness of the information presented herein and no representation or warranty, express or implied, is made concerning the accuracy, fairness, or completeness of the information presented herein. This  presentation contains statements that are forward-looking and are only predictions, not guarantees of future performance. Investors are warned that these forward-looking statements are and will be subject to many risks, uncertainties, and factors related to the operations and business environments of Lopes – LPS Brasil – Consultoria de Imóveis S.A and its subsidiaries such as competitive pressures, the performance of the Brazilian economy and the industry, changes on market conditions, among other factors disclosed in Lopes – LPS Brasil – Consultoria de Imóveis S.A filed disclosure documents. Such risks may cause the actual results of the companies to be materially different from any future results expressed or implied in such forward-looking statements.  Lopes – LPS Brasil – Consultoria de Imóveis S.A believes that based on information currently available to Lopes – LPS Brasil -  Consultoria de Imóveis S.A management, the expectations and assumptions reflected in the forward-looking statements are reasonable. Lastly, Lopes – LPS Brasil – expressly refuses any duty to update any of the forward-looking statements contained herein.
[object Object],[object Object],[object Object],[object Object],[object Object],Agenda *largest real estate broker in contracted sales volume
Strategic Opportunity for Expansion
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Strategic Opportunity for Expansion
DIRANI:  Largest sales operation in the South Region of Brazil   * * largest real estate broker in contracted sales volume.
Dirani ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],61 161 320 160 % 100 % *Intermediate GSV estimated by Dirani for 2007 Sales Contracted R$ Million
Dirani ,[object Object],Headquarters in Porto Alegre 1 Headquarters in Curitiba 2 Reception Desk in Porto Alegre Operations Area in Porto Alegre Show Room of a Unit launched in Porto Alegre Hall in Curitiba 2 1  Building where Dirani’s main sales office is located 2  Building where Dirani’s headquarter is located
A Dirani ,[object Object],Allem   Ivo Rizzo  Terra Ville Bortoncello  MaxCap  Thá Capa  Mistral  Uma Forma  Oslo    Zaman      Gafisa  Rossi  Grupo KUHN  Tedesco
Markets – Porto Alegre and Curitiba
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Markets Launchings Show Rooms
Acquisition Structure
Earn out with cap and floor aligns interests and takes the acquisition to a very accretive valuation range. Multiples DIRANI Valuation 9.0x P/E 2008 7.5x P/E 2008 Acquisition P/E Transaction Values ,[object Object],[object Object],[object Object],1 based upon cash flow projections with no guarantee of future performance.
Closing Remarks
Closing Remarks ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],+ = ,[object Object],[object Object],[object Object],Reception Desk in Porto Alegre Meeting Room in  Porto Alegre Launchingst Sales Stand in Porto Alegre

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Apresenta%E7%E3o Poah V11 Eng

  • 1. Lopes acquires 75% of the largest real estate broker in the South Region of Brazil * * in sales volume Francisco Lopes – COO Roberto Amatuzzi – CFO - IR [email_address] www.lopes.com.br/ri
  • 2. Forward Looking Statements This presentation does not constitute an offer, or invitation, or solicitation of an offer to subscribe for or purchase any securities neither does this presentation nor anything contained herein form the basis to any contract or commitment whatsoever. The material that follows contains general business information about Lopes – LPS Brasil – Consultoria de Imóveis S.A related to the acquisition of Dirani Investimentos Imobiliários Ltda. It is not intended to be relied upon as advice to potential investors. The information does not purport to be complete and is in summary form. No reliance should be placed on the accuracy, fairness, or completeness of the information presented herein and no representation or warranty, express or implied, is made concerning the accuracy, fairness, or completeness of the information presented herein. This presentation contains statements that are forward-looking and are only predictions, not guarantees of future performance. Investors are warned that these forward-looking statements are and will be subject to many risks, uncertainties, and factors related to the operations and business environments of Lopes – LPS Brasil – Consultoria de Imóveis S.A and its subsidiaries such as competitive pressures, the performance of the Brazilian economy and the industry, changes on market conditions, among other factors disclosed in Lopes – LPS Brasil – Consultoria de Imóveis S.A filed disclosure documents. Such risks may cause the actual results of the companies to be materially different from any future results expressed or implied in such forward-looking statements. Lopes – LPS Brasil – Consultoria de Imóveis S.A believes that based on information currently available to Lopes – LPS Brasil - Consultoria de Imóveis S.A management, the expectations and assumptions reflected in the forward-looking statements are reasonable. Lastly, Lopes – LPS Brasil – expressly refuses any duty to update any of the forward-looking statements contained herein.
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  • 6. DIRANI: Largest sales operation in the South Region of Brazil * * largest real estate broker in contracted sales volume.
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  • 10. Markets – Porto Alegre and Curitiba
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