Presentation - 2007 Results

1. 2007 year end results
www.duratex.com.br
19.Feb.2008
1

2. > BUSINNES SEGMENTS
DECA DIVISION
Metal Fittings
Vitreous China
Accessories
Leadership within the Metals segment having a
prominent position in Vitreous China.
Possesses the broader product line attending the
different market segments.
2

3. > BUSINNES SEGMENTS
WOOD DIVISION
Hardboard
MDP
MDF/HDF/SDF
Laminate Flooring
Leadership within the Brazilian
panel making industry having the
most diversified product line.
3

4. > CAPEX
Wood Division: R$630 million (Agudos / SP)
MDF biggest line: 800.000 m3 capacity:
growth over existing capacity: +125%;
Agudos/SP
New Low Pressure (BP) Coating Line : 8.500.000 m2 / year:
growth over existing capacity: +35%;
Lands: 20.000 hectares in the region.
Deca Division: R$200 million (São Paulo and Jundiaí / SP)
Metal Fittings: + 400.000 items / month,
growth over existing capacity : +33%
Vitreous China: + 140.000 items / month,
Metal Fittings and growth over existing capacity: + 44%;
Vitreous China
Jundiaí/SP
Corporative: ERP system worth R$12,7 million
Software: SAP e Hardware: IBM Risk,
Implementation consultancy: CPM Braxis. 4

5. > CAPEX
MDF : Start-up by the end of 1HY09
Start-
5

6. > CAPEX
BP: Start-up by the beginning of 2HY2008
Start-
6

7. > PERFORMANCE
Nominal industrial capacity and utilization rate:
2007
Hardboard 98% 360.000 m3/year
MDP 84% 500.000 m3/year
MDF/HDF/SDF 96% 640.000 m3/year
Metal Fittings 86%
14.400 K
items/year
*
Vitreous China 96%
3.800 K
items/year
*
* 2008 Metal Fittings = 15.600 K items / year and Vitreous China = 4.000 K items / year
7

8. > LEVERAGE
in R$ M dec-07
Total Debt 671
Cash and Cash Equivalents 663 37%
Shareholder's Equity 1.536 LT ST
Net Debt / Shareholder's EquityPL 0,5% 63%
Net Debt / EBITDA 0,02
Debt and Amortization
670,7
Schedule (R$M)
Foreign
Currency
148,1
246,2
147,9
Domestic 522,6
Currencyl 148,2
128,4
Total Debt 2008 2009 2010 2011 and
8
beyond

9. > HIGHLIGHTS 2007
Shipped Volumes: + 11% y/y;
Net Revenues: + 17% y/y, to R$ 566,0 million;
Gross Margin: from 38%, in 2006, to 41%;
EBITDA: + 43% to R$ 148,1 M. EBITDA Margin from 21% to 26%;
“Contemporânea” Line awarded with the iF Design Awards 2007.
9

10. > HIGHLIGHTS 2007
Wood
Shipped volumes : + 7%;
Net Revenues: R$1.104,5 million, up by 10% y/y;
Gross Margin: from 46% to 47%;
EBITDA: + 16% to R$ 410,0 million and EBITDA margin up from 35% to 37%;
Awarded the best wood products company by Fundação Getúlio Vargas'
Instituto Brasileiro de Economia (IBRE) “Prêmio de Excelência Empresarial”.
10

11. > PERFORMANCE
Revenues breakdown:
Laminate
Flooring Housing
6% (direct)
Metal MDF/HDF 46%
Fittings SDF
22% 27%
Housing
(indirect)
R$1,7 billion
36%
Vitreous Particle
China Board
Others
12% 14% 18%
Ind. De Móveis
Hardboard Segments Attended
19%
11

12. > 4th QUARTERS PERFORMANCE
Net Rev.(R$ million) & Gross Margin (%) EBITDA (R$ million) & Margin (%)
44,9% 43,3%
40,1% 39,7%
459,8 31,3%
30,6%
410,7 26,2% 25,9%
125,6 144,1
330,3 79,9 85,4
304,9
2004 2005 2006 2007 2004 2005 2006 2007
Net Income (R$ million) Equity (R$ million) & ROE (%)
20% 22%
77,4 14% 13%
65,2 1.395,8
1.535,8
32,5 31,3 990,4 1.050,9
2004 2005 2006 2007
2004 2005 2006 2007
12

13. > YEARLY PERFORMANCE
Net Rev.(R$ million) & Gross Margin (%) Ebitda (R$ million) & Margin (%)
45,0%
43,2%
41,5% 30,8% 33,4%
1.670,6 27,0% 28,5%
39,1%
1.489,2 558,1
458,1
320,6 362,6
1.270,6
1.188,2
2004 2005 2006 2007 2004 2005 2006 2007
Net Income (R$ million) Equity (R$ million) & ROE (%)
22%
18%
13% 14%
318,9 1.535,8
1.395,7
226,0
990,4 1.050,8
125,3 137,1
2004 2005 2006 2007 2004 2005 2006 2007
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14. > PERFORMANCE
WOOD
EBITDA (in R$ million) & Margin (in %)
4th Quarters Annual
36,2% 35,3% 37,1%
34,2% 31,7% 31,1%
29,0% 30,3%
410,0
101,0 354,4
99,1
59,0 67,7 256,0 267,1
2004 2005 2006 2007 2004 2005 2006 2007
14

15. > PERFORMANCE
EBITDA (in R$ million) & Margin (in %)
4th Quarters Annual
26,2% 26,2%
23,3% 21,4%
16,0%
19,4%
14,7%
16,6% 148,1
43,1
103,7
26,5 95,5
14,9 17,7 60,8
2004 2005 2006 2007 2004 2005 2006 2007
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16. PERFORMANCE
Accrual Dividends
(R$ million)
Pay-out : 40,0% 46,5% 33,8% 34,0% 48,5%
Extraordinary Dividend 154,6
Accrual dividend / Interest on Capital
50,0
76,9
58,1
15,3 46,3 104,6
25,7
42,8
2003 2004 2005 2006 2007
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17. > CAPITAL MARKETS
Shareholding Structure:
Total outstanding shares: 129,7M
• PN: 76,1M,
• ON: 53,6M.
Shareholder structure (as of Jan / 2008):
Others
Itaúsa 27%
Others 8%
38%
Pension
PN Funds ON + PN Itaúsa
6% 41%
Foreign Inv. Foreign Inv.
Pension 44%
Funds 26%
10%
17

18. > CAPITAL MARKETS
Stock Performance:
65,00 45.000
60,00 Mid price (in R$)
40.000
55,00
Traded Volume
50,00 35.000
(15 day moving average in R$M)
45,00 30.000
40,00
35,00 25.000
30,00 20.000
25,00
20,00 15.000
15,00 10.000
10,00 Stock appreciation during the period : +157%
Dec 31th 2005 to Feb15th 2007
5.000
5,00
0,00 0
5-jun-06
27-jun-06
18-jul-06
20-set-06
11-out-06
3-nov-06
28-nov-06
18-jun-07
10-jul-07
31-jul-07
12-set-07
3-out-07
25-out-07
19-nov-07
29-dez-05
20-jan-06
13-fev-06
8-mar-06
29-mar-06
20-abr-06
15-mai-06
8-ago-06
29-ago-06
19-dez-06
12-jan-07
5-fev-07
28-fev-07
21-mar-07
12-abr-07
4-mai-07
25-mai-07
21-ago-07
11-dez-07
7-jan-08
29-jan-08
Member of and indexes.
18

19. > CAPITAL MARKETS
Stock liquidity: PN daily average trading volume (in R$ million):
30,8
27,2
8,2
0,4 1,1 1,5 1,3
*
2002 2003 2004 2005 2006 2007 2008
* 2008 average up to February 15 19

20. > CAPITAL MARKETS
Number of shareholders (ON + PN):
11.025
6.676
4.469 4.590
3.949
2.255 2.082 2.139
Dec-03
dez/03 Dec-04
dez/04 Dec-05
dez/05 Dec-06
dez/06 1Q07
1º TRI 07 2º 2Q07
TRI 07 3º3Q0707
TRI Dec-07
dez/07
20

21. > CAPITAL MARKETS
(in US$M) . Inclusion of Duratex stock on Ibovespa and IBrX50 indexes
. Extraordinary dividend worth R$50M
. Primary and secondary Stock issuing R$ 609 M
. Stock dividend 1x1
. Adhesion to Bovespa Level 1
. Stock inplit 200 / 1
. Termination of Benefficiary Parts
. Extraordinary dividend
3.172
. 30% minimum pay-out dividend policy
1.990
. 80% Tag-Along rights
550 748
173 339
2002 2003 2004 2005 2006 2007
Market Cap (US$M)
+764% during the period 21

22. > CAPITAL MARKETS
Sell side coverage on Duratex stock:
Sell side brokerage Analyst Phone E-mail
Brascan Corretora Beatriz Battelli (55-21) 3231-3146 bbattelli@bancobrascan.com.br
Credit Suisse Marcelo Telles (52-55) 3841-6338 marcelo.telles@credit-suisse.com
Deutsche Bank Josh Milberg (55-11) 2113-5971 josh.milberg@db.com
Fator Banco Eduardo Pirani Puzziello (55-11) 3049-9478 epuzziello@fatorcorretora.com.br
Itaú Corretora de Valores Renata Faber (55-11) 5029-4542 renata.faber@itau.com.br
Link Corretora Andres Kikuchi (55-11) 4504-7290 andres@linkcorretora.com.br
Merrill Lynch Marcos Assumpção (55-11) 2188-4226 marcos_assumpcao@ml.com
Santander Banespa Marcello Milman (55-11) 3012-7530 mmilman@santanderbanespa.com.br
Socopa Corretora de Valores Daniel Dol (55-11) 3299-2166 daniel@socopa.com.br
UBS Pactual Edmo Chagas (55-21) 2555-3025 edmo.chagas@ubs.com
Unibanco Andre Luiz Rocha (55-11) 3584-4330 andreluiz.rocha@unibanco.com.br
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23. 2007 year end results
www.duratex.com.br
19.Feb.2008
23