1. Second Annual
Investors & Analyst
Meeting
Maurício Novís Botelho
President & CEO

2. 2000 in Review
July 2000
20,00
Global Offering (IPO) at
NYSE with the launch of the
ADSs Level III with US$
15,00
18.50 launch price
10,00
5,00
0,00
20.07.0001.09.00 17.10.00 30.11.0012.01.01 28.02.01 11.04.0125.05.01 12.07.01 23.08.01 11.10.0123.11.01 10.01.02

3. 2000 in Review
December 2000
45,00
40,00
35,00
30,00
25,00
20,00
Singapore Sales Office is
15,00 inaugurated
10,00
5,00
0,00
20.07.00 01.09.0017.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.0112.07.01 23.08.01 11.10.01 23.11.01 10.01.02

4. Embraer Singapore Singapore
Q Representative office
Q Markets aircraft and provides after-sales support
Q Inaugurated in December 2000

5. Embraer China Beijing, China
Q Representative office located in Beijing, China
Q Markets aircraft and provides after-sales support
Q Inaugurated in May 2000

6. Embraer – Global Presence
West Palm Beach -EUA
Le Bourget - França
Dallas - EUA
Weybridge,
Reino Unido
Fort Lauderdale-EUA
Beijing - China
Cingapura
São José dos Campos
Melbourne- Austrália
Botucatu Gavião Peixoto Eugênio de Melo

7. 2001 in Review
January 2001
45,00
40,00
35,00
30,00
25,00
20,00
15,00 American Eagle confirms Six
Options for the ERJ 140
10,00
5,00
0,00
20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02

8. 2001 in Review
January 2 0 0 1
45,00
40,00
35,00
30,00
25,00
20,00
First Flight of the AEW&C
15,00
for the Sivam Program
10,00
5,00
0,00
20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02

9. EMB 145 AEW&C
Q The AEW&C (Airborne Early Warning & Control) is equipped with a
state-of-the -a r t c o m m a n d , c o n t r o l & c o m m u n i c a t i o n s y s t e m
Q Five aircraft will be delivered for the SIVAM program and will operate
in the Amazon Region
Q A derivative of this version has been contracted by the Hellenic Air
Force (Greece)

10. EMB 145 RS/AGS
Q The EMB 145 RS/AGS was designed to carry out ground surveillance
and environmental protection activities in Brazil’s Amazon region
Q It features an advanced Synthetic Aperture Radar (SAR), capable of
providing day/night and all - weather imagery of the ground over large
areas, plus other sophisticated sensors

11. 2001 in Review
February 2001
45,00
40,00
35,00
30,00
25,00
Mexico signs a contract for one EMB 145
20,00 AEW&C and two EMB 145 MP.
15,00
10,00
5,00
0,00
20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02

12. EMB 145 MP/ASW
Q The EMB 145 MP/ASW, for maritime patrol and anti-submarine warfare
missions, is the latest addition to the highly successful family of
surveillance and intelligence gathering aircraft based on the ERJ 145
regional jet
Q It features a maritime and ground surveillance radar plus other
sophisticated sensors.

13. 2001 in Review
February 2001
45,00
40,00
35,00
30,00
25,00
20,00
As part of the Brazilian Air Force
15,00
modernization program, the first two
10,00
units of the F5 aircraft of the Brazilian
Air Force arrived in SJC
5,00
0,00
20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02

14. 2001 in Review
February 2001
45,00
40,00
35,00
30,00
25,00
20,00
400th ERJ 145 serial number
15,00
delivered to Crossair
10,00
5,00
0,00
20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02

15. 2001 in Review
M a r c h 2001
45,00
40,00
35,00
30,00
25,00
20,00
Legacy First Flight
15,00
10,00
5,00
0,00
20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02

16. Legacy
Versions
Q Executive
Q Corporate Shuttle
Q Transport for Authorities
Q Corporate Jet based on the ERJ 135
Q First delivery scheduled for January 2002
Q 174 units sold (73 firm orders and 97 options -
January)

17. 2001 in Review
M a r c h 2001
45,00
40,00
35,00
30,00
25,00
20,00
WTO Canada requested a panel agaist
15,00
Brazil to verify the Complience of PROEX
with WTO rules
10,00
5,00
0,00
20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02

18. 2001 in Review
April 2 0 0 1
45,00
40,00
35,00
30,00
25,00
20,00
One ERJ 145 option
15,00 converted by British
Midland
10,00
5,00
0,00
20.07.0001.09.00 17.10.00 30.11.00 12.01.01 28.02.0111.04.01 25.05.01 12.07.01 23.08.0111.10.01 23.11.01 10.01.02

19. 2001 in Review
April 2 0 0 1
50,00
45,00
40,00
35,00
30,00
25,00
Legacy: the first firm order
20,00 received from a Brazilian
Customer
15,00
10,00
5,00
0,00
20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02

20. 2001 in Review
M a y 2001
50,00
45,00
40,00
35,00
30,00
25,00
ERJ 135: One firm order +
20,00
one option by Occitania
15,00
10,00
5,00
0,00
20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.0112.07.01 23.08.01 11.10.01 23.11.01 10.01.02

21. 2001 in Review
June 2001
50,00
45,00
40,00
35,00
30,00
25,00
20,00
Secondary Offering for US$ 750 MM ADSs priced
at US$ 38.90
15,00
US$ 300 MM BNDES Exchangeble for ERJs ADSs
10,00
5,00
0,00
20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02

22. 2001 in Review
June 2001
50,00
45,00
40,00
35,00
30,00
25,00
AEROChain launched during the 44th Paris
20,00 Air Show in a partneship with ATR, ORACLE
& KPMG Consulting
15,00
10,00
5,00
0,00
20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02

23. eMarketplace
Q Mission
Q Transform the way to do business
and communicate within the aviation
industry.
Q Objectives
Q Connect the aviation industry through
the internet.
Q Enable supply chain collaboration and
electronic trade between Embraer,
manufacturers, suppliers, and
customers.
Q Offer customers convenient access to
a wide range of value added logistical
and technical services, including fleet
management, maintenance planning,
parts and aircraft service tracking,
training, warranty management, and
spare parts forecasting.

24. 2001 in Review
June 2001
50,00
45,00
40,00
35,00
30,00
25,00 44th Paris Air Show
with several
20,00
announcements
15,00
10,00
5,00
0,00
20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.0112.07.01 23.08.01 11.10.01 23.11.01 10.01.02

25. 44th Paris Air Show
• Chautaqua Airlines confirmed 28 options for the ERJ 145 to ERJ
140 and orderaed more 25 options
• Transtates Airlines placed a new order for 10 ERJ 140 and an
additional 25 options
• Brazil’s TAM airlines signed a M e m o of understanding for the
purchase of up to 100 Embraer 170/190 jet family
• Embraer announced orders of 7 new Legacy business jet

26. 2001 in Review
June 2001
50,00
45,00
40,00
35,00
30,00
25,00
Engineering Specialization
20,00
Program: 195 students
15,00
10,00
5,00
0,00
20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02

27. Aerodynamic Tunnel
Q To evaluate the aircraft aerodynamic characteristics E m b r a e r uses the
a e r o d y n a m i c t u n n e l o f C T A - Centro Técnico Aeroespacial
Q Technological cooperation with Russia’s T s A G I in aeroelasticity a n d
aerodynamic tests.

28. Virtual Reality Center
Q Began activities in February/2000
Q Provides for visualizing the aircraft
structure and systems during the
project phase, using electronic models
Q Reduces the development cycle
Q Customers:
Q Can follow development
Q Can check internal configuration
Q Can define certain characteristics

29. Flight Simulator
Q The flight simulator is operated by Flight Safety International to train pilots
Q Today, 8 simulators are available in different parts of the world

30. Composite Materials
Q Composite material parts are prepared for cure under controlled
conditions of temperature and pressure in a special oven called
“autoclave”
Q E m b r a e r ’ s world-class expertise in this field dates back to the 70's

31. 2001 in Review
June 2001
50,00
45,00
40,00
35,00
30,00
25,00
20,00 5th ERJ 145 delivered to
Sichuan from China
15,00
10,00
5,00
0,00
20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02

32. 2001 in Review
July 2001
50,00
45,00
40,00
35,00
30,00
25,00
20,00
ERJ 140 first delivery
15,00
10,00
5,00
0,00
20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02

33. 2001 in Review
July 2001
50,00
45,00
40,00
35,00
30,00
25,00
20,00
15,00 PROEX considered in complience
with the WTO rules
10,00
5,00
0,00
20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02

34. ERJ 140
Q Regional jet with 44 seats
Q 98% commonality with ERJ 135 & ERJ 145
Q The first delivery took place in July 2001
Q 166 units sold

35. 2001 in Review
August 2001
50,00
Midwest Express signed a
45,00 contract for 40 ERJ 140s
( 20 firms + 20 options)
40,00
35,00
30,00
25,00
20,00
15,00
10,00
5,00
0,00
20.07.00 01.09.00 17.10.0030.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02

36. 2001 in Review
August 2001
50,00
45,00
40,00
35,00
30,00
25,00
Brazilian Air Force signed a contract
20,00 for 99 Super Tucano (ALX) - 76 firms
and 23 options
15,00
10,00
5,00
0,00
20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02

37. Super Tucano (ALX)
Q High- performance derivative
of the proven EMB 312 Tucano
Q S t a t e-of-the -art systems, with glass cockpit and advanced
avionics
Q Optimized for advanced training and operational
applications in hostile environments
Q 726 units sold, operating in 15 Air Forces
(T u c a n o a n d S u p e r T u c a n o m o d e l s )

38. 2001 in Review
August 2001
50,00
45,00
40,00
35,00
30,00
25,00
10 Super Tucano ordered from
Dominican Republic
20,00
15,00
10,00
5,00
0,00
20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02

39. 2001 in Review
August 2001
50,00
45,00
40,00
35,00
30,00
25,00 Revision of the deliveries forecast for
2001 from 200 to 185 and for the
20,00
year 2002 from 220 to 205 aircraft
15,00
10,00
5,00
0,00
20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02

40. 2001 in Review
September 2 0 0 1
50,00
45,00
40,00
35,00
30,00
25,00
20,00
15,00
September 11th US
Terrorist Attacks
10,00
5,00
0,00
20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02

41. 2001 in Review
September 2 0 0 1
50,00
Announcements
45,00
New delivery forecast:
40,00 2001: from 185 to 160
2002: from 205 to 135
35,00 layoff of 14% Embraer's labor
force
30,00
25,00
20,00
15,00
10,00
5,00
0,00
20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02

42. New Delivery Forecast
180
160 161
160
135
140
120
96
100
80
60
60
40 32
20
4
0
1996 1997 1998 1999 2000 2001 2002E

43. 2001 in Review
October 2 0 0 1
50,00
45,00
40,00
35,00
30,00
25,00
20,00
WTO Dispute: Canadian EDC (Export
15,00
Development Corporation) support to
certain 1996 Bombardier's deals were
10,00
considered illegal
5,00
0,00
20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02

44. 2001 in Review
October 2 0 0 1
50,00
45,00
40,00
35,00
30,00
25,00
20,00
15,00 Gavião Peixoto
runway concluded
10,00
5,00
0,00
20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02

45. Embraer Gavião Peixoto Gavião Peixoto
V een eezzu eellaa
V n u
C o llo m b iiaa
Co omb
P eerru
P u
BRAZIL
Bolivia
Bolivia
Pa ccific O cceeaann
P aarraag u aay
P gu y
Atla n tic O cceeaann
Ch ile
Ch ile
Pa ific O
S ã o P a u llo
São Pau o
Atla ntic O
A rrg een ttiin aa
A g n n
Uruguay
Uruguay
Q Located in G a v i ã o P e i x o t o, Brazil
Q Manufacturing facility that will host the final assembly activities
of the company´s corporate and defense aircraft, as well as a
runway for flight tests
Q Site area: 4.12 million sq.ft.
Q Number of employees: 18
Q Start-up of operations in October 2001

46. 2001 in Review
October 2 0 0 1
50,00
EMBRAER 170 Roll Out
45,00
40,00
35,00
30,00
25,00
20,00
15,00
10,00
5,00
0,00
20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02

47. The Jet Family
Embraer 170/175/190/195

48. EMBRAER 170 / EMBRAER 175
Q Commercial jets with 70 and 78 seats
Q 212 units sold (82 firm orders and 130 options)
Q EMBRAER 170 first flight was February 2002
Q First deliveries: EMBRAER 170 Dec 2002
Q EMBRAER 175 Jun 2004

49. EMBRAER 190 / EMBRAER 195
Q Pressurized commercial jets with a capacity for 98 passengers
(EMBRAER 190) or 108 passengers (EMBRAER 195)
Q 102 units sold (30 firm orders and 72 options)
Q First deliveries: EMBRAER 190 Dec. 2005
EMBRAER 195 Dec. 2004

50. 2001 in Review
December 2001
50,00
45,00
40,00
35,00
30,00
25,00
20,00
15,00
10,00
Wexford confirmed 8 ERJ
5,00 140 options
0,00
20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02

51. 2001 in Review
December 2001
50,00
45,00
40,00
35,00
30,00
25,00
20,00
15,00
10,00
Indigo ordered 25 Firms +
50 Option of Legacy
5,00
Shuttle version
0,00
20.07.0001.09.00 17.10.00 30.11.00 12.01.01 28.02.0111.04.01 25.05.01 12.07.01 23.08.0111.10.01 23.11.01 10.01.02

52. 2001 in Review
December 2001
50,00
Embraer the largest
45,00 Brazilian Export Company
for the 3rd Year
40,00
35,00
30,00
25,00
20,00
15,00
10,00
5,00
0,00
20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02

53. Trade Balance Contribution
(US$ Million)
3.000 2.897
2.702
2.500
2.000 1.843
US$ Milhões
1.692
1.500 1.352
1.173 1.178
1.000 881
634
469
500
264 220
193 147
-
95 96 97 98 99 (*) 00 (*) 01 (*)
Exportação Importação
(*) Fonte: Decex

54. 2002
January 2002
50,00
45,00
40,00
35,00
30,00
25,00
20,00
15,00
10,00
Begining of the Due Diligence of an MRO
(Maintenance Repair and Overhall) Facility in
5,00
Nashville -Tenesse
0,00
20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02

55. 2002
February 19, 2002
50,00
EMBRAER 170 First Flight
45,00
40,00
35,00
30,00
25,00
20,00
15,00
10,00
5,00
0,00
20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02