Paris air show ceo

June 20, 2007

2007 Air Show Presentation

CorporateOverview

Frederico Fleury CuradoPresident and CEO

THE INFORMATION CONTAINED HEREIN IS PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR DISSEMINATED WITHOUT EMBRAER’S WRITTEN CONSENT

Forward Looking Statement

•This presentation includes forward-looking statements or statements about events or

circumstances which have not occurred. We have based these forward-looking

statements largely on our current expectations and projections about future events

and financial trends affecting our business and our future financial performance.

These forward-looking statements are subject to risks, uncertainties and

assumptions, including, among other things: general economic, political and business

conditions, both in Brazil and in our market. The words “believes,” “may,” “will,”

“estimates,” “continues,” “anticipates,” “intends,” “expects” and similar words are

intended to identify forward-looking statements. We undertake no obligations to

update publicly or revise any forward-looking statements because of new information,

future events or other factors. In light of these risks and uncertainties, the forward-

looking events and circumstances discussed in this presentation might not occur. Our

actual results could differ substantially from those anticipated in our forward-looking

statements.


• Backlog reached record high of US$15.0 billion by the end of 1Q07

• 11 firm orders for E-Jets announced – M1 Travel Ltd and AlpiEagles joined the customer base. Option confirmation from Virgin Blue

• Firm orders for the Phenom 100 and Phenom 300 totals more than 400 units

Order Book

Firm Order Backlog (US$ Billion)

10.4 10.2

13.315.014.8

1Q06 2Q06 3Q06 4Q06 1Q07


Jet Deliveries

27

36

30

37

25

1Q06 2Q06 3Q06 4Q06 1Q07

Difficulties with the supply chain resulted in 25 jet deliveries in 1Q07 compared to 27 aircraft in 1Q06 and 37 aircraft in 4Q06.


Labor:

• 2,000 employees hired since

January 2007;

• By June 2007 – a total of 3,500

new employees dedicated to the

production;

• Third shift to be fully implemented

by the 3Q07.

Actions taken towards increasing the production


Actions taken towards increasing the production

Industrial capabilities:

• Assembly jigs added to the

wing assembly and

fuselage sections;

• Intensified approach with

sub-contracted suppliers;


CNC SkinCutting

High Pressure Rubber Press

5 Axis AutomaticRiveting

5 Axis High SpeedMachining

Investments – Machines/Equipment


Number of Employees

BRAZIL 19,319*

USA 566 CHINA 228

FRANCE 195 SINGAPORE 23

* ELEB employees included

PORTUGAL 1,613

April / 97 was the lowest level of employment – 3,200 people

Increasing the Number of Employees

21,944

19,265

14,65812,94112,227

11,04810,334

8,3026,737

4,4943,8494,319

16,953

6,087

1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 Apr07


Expected Results

• Actions taken are delivering the expected results reaffirming ourguidance for 2007 to deliver between 165 and 170 aircraft.

• Gross margin expected to reach 30% in 4Q07.

160 161

131

101

148 141130

195/205

165/170

2000 2001 2002 2003 2004 2005 2006 2007E 2008E*

* Includes 15/20 Phenom 100


Thank you!

Education

Paris air show ceo