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2

Forward-looking Statements

This presentation contains forward-looking statements. These statements do

not represent historical fact, but rather reflect the beliefs and expectations

of Braskem’s management. The words “anticipate”, “wish”, “expect”,

“estimate”, “intend”, “forecast”, “plan”, “predict”, “project”, “target” and

similar words are intended to identify these statements. Although Braskem

believes that the expectations and assumptions reflected in these forward-

looking statements are reasonable and based on information currently

available to management, Braskem cannot guarantee future results or events.

The forward-looking statements included in this presentation are valid only

on the date on which they are made (September 30, 2008), and the Company

does not undertake any obligation to update them in light of new information

or future developments.

Braskem is not responsible for any transaction or investment decision taken

based on the information in this presentation.

3

Braskem – Leader in Latin America

3

Source: CMAI

Quattor* Solvay EcopetrolMexichemBraskem

3,440

1,515

682521 438

692

Dow

*JV between Unipar (60%) and Petrobras (40%)

PVC

PEPP

2,040

FormosaDow LyondellBasell

Braskem ShintechIneos

5,774

3,440

4,646

2,949

2,161

615

64

5,0952,813

1,833

1,815

1,110

515515

978

761

1,2101,210

926

1,235

Braskem’s resin capacity in Latin America, kton

Braskem’s resin capacity in The Americas, kton

Brazilian assets

Gross Revenue Gross Revenue

US$ 14 bi

Net RevenueNet Revenue

US$ 11 bi

Enterprise ValueEnterprise Value

US$ 7.2 bi

AssetsAssets

US$ 12 bi

Braskem’s 3Q08 LTM Financials

Net Debt/EBITDANet Debt/EBITDA

3.42X

EBITDAEBITDA

US$ 1.4 bi

3rd

4

Market share in PE

29% 31%

55% 50%

32% 28%

16% 19% 16% 21%

51%52%

33% 37%

53% 46%

15% 17%

0%

20%

40%

60%

80%

100%

2001 2003 2005 2006 2007 9M08

BRASKEM PEER IMPORTS

Leadership in a fast-growing domestic market

Source: Abiquim

PEPPPVC

2,880

3,435 3,3773,694

2001 2004 2005 2006

4,048

2007

1,695

990

692

1,833

1,114

1,964

1,228

856

6.0%CAGR

10%

9%

749

Brazilian domestic resin demand, Kton/y

Market share in PP

Market share in PVC

0101--08 GDP Elasticity in Brazil: 2x08 GDP Elasticity in Brazil: 2x

8%-10% in 2008

57%48%

29%32%

27%

14% 20% 19%

52%54%52% 53%

17%28% 30%

31%20% 17%

0%

20%

40%

60%

80%

100%

2001 2003 2005 2006 2007 9M08

51% 55% 37% 33%

9% 7%14% 15%

52%38%40% 41%42%

49%

50%48%

9%10%

0%

20%

40%

60%

80%

100%

2001 2003 2005 2006 2007 9M08

5

Track record of strong and consistent organic growth and acquisitions

2012

2002

Rank amongst the Rank amongst the 10 10 largest petrochemical largest petrochemical companies in the world companies in the world

measured by EV*measured by EV*

Become the Become the largestlargestthermoplastic resins thermoplastic resins producer in Latin producer in Latin

AmericaAmerica

2006TrikemTrikem

2007PolialdenPolialden

PolitenoPolitenoIPQ / CPSIPQ / CPS

2008

PauliniaPaulinia

* Enterprise Value3Q08LTM

457

871 851758

200720062005200420032002

581

1,6261,422EbitdaEbitda US$ US$ milllionmilllion

+23% CAGR

6

FREE FLOAT 36.5% 59.3%

ODEBRECHT

32.0%45.3%

NORQUISA (1)

6.0%15.1%

PETROQUISA

23.0%30.0%

OTHERS (2)

31.2%6.5%

CONTROLLING GROUP 60.3% 38.0%

BNDESPAR

5.1%0.0%

Ownership Structure

% Voting Capital % Total Capital

Notes: 1 - Odebrecht has 100% of Norquisa2 - Does not include shares held in treasury (3% of total)

• Corporate governance standards: Shareholders’ agreement

• Potential for operational synergies with refineries and partnership with Petrobras R&D Center

• Alliance to strengthen Brazil’s petrochemical value chain

– Consolidation around 2 large competitors (Braskem & Quattor)

– Access to competitive raw materials

– Improved value chain competitiveness

Leveraging relationship with Petrobras:

7

ConvertersBasic petchem Resins

Industrial integration

Innovation & technology

Innovation & technology

Service and log barriers

Service and log barriers

Oil/Gas-refineries

Competitive raw material

Competitive raw material

Enhanced competitiveness through value chain integration

Operational synergies

Operational synergies

Growing economic relevance of the Brazilian Converters

Annual revenue of converters, US$ Billion

16%

17%

11%

9%

7%

5%

2%2%

15%

1%

15%

Diversified segments, %consumptionPackaging

Construction

FoodAgriculture

Home appliances

Health and cleaning

Shoes

Electrical appliances

Cosmetics/ Pharma

Others

Automotive18.717.2

15.3

13.2

9.38.1

6.7

2001 2002 2003 2004 2005 2006 2007

% GDP

1.2% 1.6% 1.7% 2.0% 1.7% 1.6% 1.5%

8

Challenging petrochemical cycle

Source: CMAI June 2008

Improved conditions compared to downturns in 1991 and 2000

• Frequent delays in new capacities

• Supply-demand geographical imbalance leads to logistics barriers

• Increased economic importance of emerging economies

Potential negative factors

• US/EU slow down

• Incentives to sustain supply buildup

– China: import substitution

•Middle East own agenda

Global ethylene supply-demand and operating rate, Mton/y, %

Supply vs. Demand

Operating rate – Set 08 Operating rate – Oct 07

Supply Demand1 2 3 4 5

131139

149 153

117123 129 135

88%88%87%87%88%88%90%90%

2008 2009 2010 2011

157

142

90%90%

2012

84%84%83%83%84%84%

88%88%

1 2 3 4

9

Braskem is prepared to seize the opportunities offered by this environment

Assure regional low-cost raw

material and energy supplies

B

Expand access to attractive markets

C

• Leveraging relationship with Petrobras

• Value-chain virtual integration

– Refineries, raw materials

– Service and logistics

– Innovation and technology

• Operational, commercial excellence

• Adding value to the crackers’ by-products

• Gas crackers in Latin America

• Brazilian sugar cane ethanol

• Green-PE and renewables

• Potential M&As and Alliances

Improve and protect core Latin American business

A

Strengthen current position

Grow with

value cr

eation

10

Green Polyethylene: a pioneer achievement

� Start up in 2011

� Investment: ~ US$ 250 MM

� Capacity: 200 Kton/year

� Estimated Demand: ~ 500

kton/year

� Location: Triunfo

� Ethanol Consumption: 460 MM

litters/year

� Target-markets: USA, Europe and

Japan

� Sectors: Automotive and

consumption goods

100% Renewable 100% Renewable raw materialraw material

Sugar cane ethanolSugar cane ethanol

Certified by Beta Certified by Beta Analytics USAAnalytics USA

Main laboratory in the world Main laboratory in the world

specialized in carbon analysisspecialized in carbon analysis

11

1111

Braskem: established platform leverages future growth

High corporate governance standardsHigh corporate governance standards

� Regional leadership

� Track record of sustainable growth with value creation

� Tangible innovation: Green polymer and product oriented R&D

� Sound capital structure

� Strategic shareholders´́́́ base: Odebrecht + Petrobras + 38%

Floating

� Internationalization: growth towards competitive feedstock and attractive markets

� People and Sustainability at the center of the strategy

� 100% tag along for all shareholders

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