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Lopes Goes Ahead  With Expansion Plan By Acquiring 60% of One of the Leading Real Estate Brokers in Pernambuco* [email_address] www.lopes.com.br/ir * in sales volume
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 and its subsidiaries (“Lopes”) related to the acquisition of Sergio Miranda Negócios Imobiliários Ltda. (“Sérgio Miranda Imobiliária”). 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, including future outlooks for Actual, 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 such as competitive pressures, the performance of the Brazilian economy and the industry, changes on market conditions, among other factors disclosed in Lopes 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 believes that based on information currently available to Lopes management, the expectations and assumptions reflected in the forward-looking statements are reasonable. Lastly, Lopes expressly refuses any duty to update any of the forward-looking statements contained herein.
[object Object],[object Object],[object Object],[object Object],[object Object],Index
Expansion Opportunity
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Opportunity for Expansion
Sérgio Miranda Imobiliária: One of the Leading Companies in Real Estate Brokerage in Pernambuco * * in sales volume
Sérgio Miranda Imobiliária ,[object Object],[object Object],[object Object],[object Object],[object Object],1  Managerial figures 2  Intermediate GSV estimated by Sergio Miranda Imobiliária for 2007 and 2008. Launches Volume 38% R$200 1 R$275 1 2005 R$400 2 R$550 2 36% 46% 2008E 2006 R$(MM) 2007E
[object Object],Sérgio Miranda Imobiliária
Markets – Pernambuco and Recife
Pernambuco’s and Recife’s Real Estate Market ,[object Object],[object Object],[object Object],[object Object],1  Source: Technical Research Unit of FIEPE, supported by SINDUSCON/PE, SECOVI/PE and ADEMI/PE  2  Source: Folha de Pernambuco / IBGE
Acquisition Structure
[object Object],Multiples SÉRGIO MIRANDA IMOBILIÁRIA Valuation 9.5x P/E 2008 9.4x P/E 2008 Acquisition P/E Transaction Values ,[object Object],[object Object],[object Object],[object Object],1 Considerating the 60% owned, 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],[object Object]
Lopes’s Map – Geographic Expansion PE Lopes consolidates it’s national positioning as the largest player in the Brazilian real state brokerage industry and now is operating in 7 Brazilian states with 274 sales points and 2,240 brokers. BA RS PR SP RJ ES

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Apresenta%E7%E3o S Miranda V6 Ingl%E As

  • 1. Lopes Goes Ahead With Expansion Plan By Acquiring 60% of One of the Leading Real Estate Brokers in Pernambuco* [email_address] www.lopes.com.br/ir * in sales volume
  • 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 and its subsidiaries (“Lopes”) related to the acquisition of Sergio Miranda Negócios Imobiliários Ltda. (“Sérgio Miranda Imobiliária”). 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, including future outlooks for Actual, 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 such as competitive pressures, the performance of the Brazilian economy and the industry, changes on market conditions, among other factors disclosed in Lopes 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 believes that based on information currently available to Lopes management, the expectations and assumptions reflected in the forward-looking statements are reasonable. Lastly, Lopes expressly refuses any duty to update any of the forward-looking statements contained herein.
  • 3.
  • 5.
  • 6. Sérgio Miranda Imobiliária: One of the Leading Companies in Real Estate Brokerage in Pernambuco * * in sales volume
  • 7.
  • 8.
  • 10.
  • 12.
  • 14.
  • 15. Lopes’s Map – Geographic Expansion PE Lopes consolidates it’s national positioning as the largest player in the Brazilian real state brokerage industry and now is operating in 7 Brazilian states with 274 sales points and 2,240 brokers. BA RS PR SP RJ ES