1. Rio de Janeiro Gateway to a New Brazil
Investments and Opportunities
Barcelona September 2012
© Rio Business: Official Agency of Rio de Janeiro City Hall, responsible for attracting and facilitating inward investment
© Rio Business: Official Agency of Rio de Janeiro City Hall, responsible for attracting and facilitating inward investments

2. Agenda
1 Rio Business
2 About Rio
3 Why Rio
4 The City in Evolution
5 Olympic Games
2 © Rio Business: Official Agency of Rio de Janeiro City Hall, responsible for attracting and facilitating inward investment

3. Rio Business 1
2
3
4

4.  BUSINESSINTELLIGENCE
 INVESTMENTPROMOTION
 FACILITATION
CONECTINGBUSINESS
inRIO

5. Strategic Sectors
Energy Startups Media Hospitality
Industry &
Healthcare ITC Financial Services
Infrastructure

6. TRACK RECORD
23 PROJECTS IN LESS THAN 2 YEARS
USD 1.6 BILLION INVESTMENT
8,000 EQUIVALENT JOBS
USD 12 MILLION PAYROLL

7. About Rio 1
2
3
4

8. Location
 6 million population (2nd largest
city in Brazil and 3rd in Latin
Brasília
America)
 A logistics hub with 2 seaports, 3
commercial airports (2nd busiest
in the country)
 56% of Brazilian GDP comprised
within a 500 km radius
Belo Horizonte
Campo Grande Vitória  All Pre-Salt reserves concentrated
Vitória
Port
around 500 km from Rio
Rio de Janeiro Açu Port
São Paulo
Sepetiba Rio Port
Port
Santos Port
Curitiba AP3
AP5 AP1
AP2
AP4
8 © Rio Business: Official Agency of Rio de Janeiro City Hall, responsible for attracting and facilitating inward investment

9. Business Friendly Framework
Infrastructure investment Across Federal, State and
Hospitality growth Global Political Municipal levels
Events Alignment
Energy
O&G Strategic ITC
Leading O&G Producer
Boom Vision Creative Industries
R&D Excellence
HQ of the major decision centers Hospitality
Logistics Hub
Investment Security
Capacity Improvement Until 2016:
Reduction of public debt • USD3.5 Bi investments
Investment grade qualification • 35 UPPs (New Police Unit)
Management • All police members (50 k) will be
Increase 5x the investment capacity
trained and 7 – 10 k new policemen
Sense of urgency
Business mindset
Meritocracy
9 © Rio Business: Official Agency of Rio de Janeiro City Hall, responsible for attracting and facilitating inward investment

10. Investment Grade
BBB- BBB- Baa2 BBB- Baa3
June March November
April 2008 May 2008
2011 2010 2010
Brazil Brazil Brazil State of Rio City of Rio
10 © Rio Business: Official Agency of Rio de Janeiro City Hall, responsible for attracting and facilitating inward investment

11. Gross Domestic Product Per Capita
Purchase Power Parity, Cross-country comparison with the State of Rio de Janeiro
US$ PPP
15,837
15,173 15,002
14,430
11,239
10,498
7,519
3,339
Russia Rio de Chile Mexico Brazil South Africa China India
Janeiro
Source: IMF / IBGE (2010)
11 © Rio Business: Official Agency of Rio de Janeiro City Hall, responsible for attracting and facilitating inward investment

12. CONSUMERS
highest growth middle class
2003 2006 2009 2011 2014
Upper Class 13% 12% 13% 15% 17%
Rio de Janeiro
Middle Class 52% 54% 59% 80%
60% 63%
Lower Class 35% 34% 28% 25% 20%
Upper Class 9% 8% 8% 12% 15%
Middle Class 44% 48% 53%
75%
Brazil
55%
60%
Lower Class 47% 44% 39% 33% 25%
Note: Upper Class (A & B) income above R$4,650 / middle class (C) income between R$1,395-4,650 / Lower Classe (D & E) income below R$1,395
Source: IPEAD, IBGE, Ministério do Desenvolvimento Social, PwC, FGV and RN analysis

13. CONSUMERS
fastest growing per capita income
1,017.8
+13,8% 1,011.4
956.2
894.1
SP
905.1
+22,2%
782.2 +33,8%
BR
RJ 755.8
+32,1%
685.0
BH
2003 2004 2005 2006 2007 2008 2009 2010 2011
Source: IBGE, RN Analysis
Note: Data in USD

14. Economic Indicators
The City has strong economic indicators, being responsible for both 50% of the State’s GDP (USD 60 bn) and ¼ of the
FDI in the country
Unemployment Rate (%) Employment Growth – City of RJ
10.5
SP
119,391
BR
10,0
84,147
BH 84,186
8.5
7,0 61,787
54,573
RJ 6,7
6.6
35,750 58,218
51,540
5.5
25,739
5.1 28,939
21,393
2006 2007 2008 2009 2010
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
¹Purchasing Power Parity ; Sources: IBGE,CIA World Factbook , PME, CAGED, LRF Research
14 © Rio Business: Official Agency of Rio de Janeiro City Hall, responsible for attracting and facilitating inward investment

15. (2008-2012)
LONDON = USD 45B
BEIJING = USD 34B
BANGALORE = USD 20B
NEW YORK = USD 19B
SÃO PAULO = USD 17B
MOSCOW = USD 17B
PARIS = USD 14B
TOKYO = USD 13B
BERLIN = USD 8B
MEXICO = USD 5B
Source: fDi - FT, Rio Negócios Analysis

16. HQ of the Largest Spanish Companies in Rio
 More than 300 Spanish companies are located in Brazil
 HQ of 15% are in Rio: ABENGOA • CEMUSA • CYMI MASA • EFE • Endesa • Gas Natural Fenosa •
IBERDROLA • LANXESS

17. Brazil Investment Prospects – Industry
Projection (2012-2015) Investment by Sector in USD B (2011)
textile
electric/ others
electronic
pulp &
paper 2% 3%
4%
4%
automobile 10% O&G
59%
steel 4% USD 319 B
4%
petrochemical
10%
Rio is the leader in
these sectors
mining
(represents 77% of
investment in Brazil)
Source: BNDES, Rio Negócios Analysis
Note: USD = 1.8751 (BACEN – Dec-31-
11)

18. Why Rio 1
2
3
4

19. Leading Companies in Rio
50% of Brazilian market cap is from companies with headquarters in Rio
Mining & Steel Consumer Goods Real Estate
Energy Tech, Media, Telecom Health Finance
19 © Rio Business: Official Agency of Rio de Janeiro City Hall, responsible for attracting and facilitating inward investment

20. GLOBAL CITY
the place to attract and retain talent
GLOBAL
• 38% of working visas in
Brazil were issued to Rio in
2011
• Ranked “Best Place to Live”
by foreign residents in Brazil
LIFESTYLE
• A unique culture that
promotes innovation and
entrepreneurship
GEOGRAPHY
• 55+ miles of beaches
• 30% of the city is made up of
green areas
• Largest urban forest in the world

21. TALENT POOL: ACADEMIC LEADERSHIP
excellence in engineering, physics, chemistry, math, IT and business
# of Courses - MEC (Undergraduate) - Grades 4 and 5 # of Courses - CAPES (Post Grad) - Grades 6 and 7
150 32
Rio de Janeiro
28
128 27
120
Rio de Janeiro 24
20
90
São Paulo
75 76 16 São Paulo
Porto Alegre 14
60
12
Campinas
43 Recife
35 8 8 8 Belo Horizonte
30 7
31
Belo Horizonte
4 Porto Alegre
Campinas
2
- - Recife
Source: MEC, CAPES, Universities and RN analysis
Note: Curses – Engineering, Physics, Chemistry, Math's, IT and Business (Administration, Economics and Accounting)

22. TALENT POOL: HIGH EDUCATION
home to 20% of Brazil’s leading academic institutions

23. RIO: THE FASTEST GROWING R&D CENTER IN LATAM
USD 1.5 billion invested in the last 18 months

24. USD 1.5
billion
Investment

25. Excellence in O&G Research: CENPES
USD 600 million investments in expansion
Research on:
 Innovation on Fuels  Exploratory Frontiers  Strategic Refining
 Advanced Oil Recovery  Natural Gas Technologies
 Environment  Renewable Energy  Basin Models
 Production on Deep Water  Heavy Oil  Energetic Hydrogen
 Pipelines  Optimization and Reliability  Basic Engineering
25 © Rio Business: Official Agency of Rio de Janeiro City Hall, responsible for attracting and facilitating inward investment

26. International Airlines with Direct Flights to Rio
 Rio’s has the only international airport in Brazil with room to grow, with all infrastructure already in place.
 Galeão Airport connects the city to 26 domestic and 24 international destinations
 With an average of 343 takeoffs/landing/day the Galeão served 12.4 million passengers in 2010
 Its capacity will increase from 18 million passengers to 26 millions passengers in the next two years (R$400
million capex)
 Currently there are 6 Brazilian airlines and 17 international airlines operating at Galeão
Rio de Janeiro
26 © Rio Business: Official Agency of Rio de Janeiro City Hall, responsible for attracting and facilitating inward investment

27. HOSPITALITY: ALL¹ PROJECTION – 2015
41%
5,196 45,611
4,764
3,256
32,395
Existing (may-12) Construction Licenced Analyses Projection (2015)
Source: Rio Negócios
Note: Including Hotels, Aparts, Inns, Hostels, Hotels-Motels

28. GLOBAL MARKETING PLATFORM
host of major global events in the coming years
2016
2015
450th
anniversary
2014
2013
2012

29. Global Visibility: A Powerful Marketing Platform
2011
2012
Rio + 20
2013
Confederations
Cup
2014
2015
450th
Anniversary
2016
29 © Rio Business: Official Agency of Rio de Janeiro City Hall, responsible for attracting and facilitating inward investment

30. The City in Evolution 1
2
3
4

31. The Economic Hub of the State Investments
investment by sectors
others
sanitation
19% automitive 7% shipyard
logistic & 24% manufacturing 15% 38%
8%
urban
transport infrastructure industry
development 42%
4% others
21% 1% tourism USD 19B
USD 113 B 15%
USD 24B 1% olympic petro-
venues chemical
energy 25%
29% steel
51%
O&G
investment by region North West
USD 0.5B
Center
“Baixada” USD 0.5B
South USD 7.8B North
Various (all state)¹
USD 7.6B USD 13.9B
USD 58.2B
East
USD 6.1B
City of Rio Source: FIRJAN “Decisão Rio 2012-2014”, Rio Negócios Analysis
USD 18.4B Note: USD = 1.8751 (BACEN – dec-31-11)
¹ Investments which does not restrict the one region of the
state

32. Porto Maravilha
Porto Maravilha is the main ongoing urbanization project in the city of Rio de Janeiro
Main Distances from Porto Maravilha Porto Maravilha Area and Surroundings
Aeroporto
Internacional
Tom Jobim
11 km
Operational
Docks
Porto Maravilha
Novo Rio Bus Terminal
Maracanã
5 km Aeroporto
Santos Dumont
2 km
Bus Terminal
Future High
Speed Train Cidade Nova Subway
Corcovado Pão de Açúcar Terminal Station
7 km 6 km
Copacabana Central do Brazil
8 km Train Station
Largest PPP in Brazil (USD 4.5 bi in 15 years) works begun in 2010 and ends by 2015
32 © Rio Business: Official Agency of Rio de Janeiro City Hall, responsible for attracting and facilitating inward investment

33. WATERFRONT: MAJOR PROJECTS
Tunnel Museum of
Central Bank Tomorrow
Via Binary & VLT
Aquarium
Art Gallery
Infrastructure
Olympic Port
Infrastructure Urbanization and Perimetral Reurbanization of
Elevated Highway demolition Hills

34. WATERFRONT: MAJOR PROJECTS
Tunnel Museum of
Central Bank Tomorrow
Via Binary & VLT
Aquarium
Art Gallery
Infrastructure
Olympic Port
Infrastructure Urbanization and Perimetral Reurbanization of
Elevated Highway demolition Hills

35. Mass Transportation System

36. Mass Transportation System
TransOeste

37. Mass Transportation System
USD 8.5 billion
investment
TransBrasil
TransCarioca
TransOlímpica
TransOeste

38. Olympic Games 1
2
3
4
5

39. Investments and Opportunities
USD
Project (milhões)
BRT - TransCarioca 282,4
BRT - TransOeste 211,2
Porto Maravilha Phase 1 108,2
Porto Maravilha Phase 2 352,9
Jõao Havelange Stadium Surrounding Area 16,5
AP5 Sanitation System 83,5
Jacarepaguá Environmental Rehabilitation 86,5
Athlets Village 23,5
Bike Lanes Expansion 8,8
Reforestation 18,8
Popular Housing: "Morar Carioca" 351,2
Education: "Rio Criança Global" 6,5
Health Olympic Program: "Rio em Forma Olímpico" 8,8
Accessibility Plan 0,6
Time Rio 2,6
TOTAL 1.562,1
39 © Rio Business: Official Agency of Rio de Janeiro City Hall, responsible for attracting and facilitating inward investment

40. Olympic Park
Features: Rio 2016 games area
which will turn as a
neighborhood after the
Olympics
Area: 1.2 M m²
International Bid: 18 countries
& 60 proposals
Duration: 15 years
Date Signed : 18/04/12
Start: Jul/2012
Conclusion: Jul/2015
Investment: USD 823M
Companies:
Odebrecht, Andrade Gutierrez
and Carvalho Hosken.

41. Over 10M domestic and foreign tourists
More than 10K athletes from over 200 nations
Over 30K media professionals
2016 Olympic Games

42. www.rio-negocios.com
@RioNegocios facebook.com/rionegocios www.linkedin.com/company/rio-negocios
© Rio Business: Official Agency of Rio de Janeiro City Hall, responsible for attracting and facilitating inward investment
© Rio Business: Official Agency of Rio de Janeiro City Hall, responsible for attracting and facilitating inward investments