1. NYSE Opening Bell Ceremony Luís Carlos Affonso
Executive Vice-President, Executive Jets
September 05th,2006

2. 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.

3. Market Figures

4. Business Aviation Market Size
US$ 35.3 bi
3.6
US$ 27.1 bi
6.5
Fractional Ownership
2.0
Charter + Aircraft
Management 4.4 4.7
FBO 4.0 2.7
1.2
MRO 2.3
Completion + 1.0
Refurbishment
16.6
13.3
Airframe / OEM
(2005 US$ billion)
Source: AT Kearney and
Embraer estimates
2005 2015e
9,680 executive jets US$ 144 billion in the next 10 years

5. Main demand drivers
Stock market Macro-economic Corporate Profits
performance factors (GDP) Individual Wealth
5.7% 4.5%
2005 3.5% 3.1%
1.8% 2.1% 6.1% 4.2%
2006-15e Eastern Europe
North America
Western Europe
Middle East
6.8% 5.3%
5.1% 4.5%
4.4% 3.7%
Africa Asia Pacific
not including Japan
Latin America
WORLD
3.6 % 3.1 % Source: The Economist Intelligence Unit
and Global Insight – May 2005 & April 2006
Worldwide deliveries of new executive jets
2005: + 27% 2006-2015: + 4.4% (cagr)

6. “Premium” customers are under served
USA Europe
100% 3% 5% 9% 8%
12% 16% 15%
12% 17%
5%
19%
80%
27% 11%
19%
37% 35%
60%
85% 87%
40% 76% 72%
64% 65%
51% 50%
20%
0%
1995 2000 2005E 2010E 1995 2000 2005E 2010E
Network Low Cost Regional
Lower number of destinations Greater door-to-door elapsed time
Source: Embraer analysis.

7. Hassle factor: Growing delays in US and Europe
USA
SEA
MSP
PDX
DTW BOS
73%
ORD
EWR
of pax at 35 hubs SLC
DEN
MDW CLE
PIT
BWI
IAD DCA
JFK
LGA
HNL SFO LAS STL CVG
90% of delays at main hubs LAX
SAN
PHX
DFW
MEM
ATL
CLT
IAH
TPA MCO
FLL
MIA
AVIÔES EM FILA Europe
13% flight delays increase in 2005
World
Terrorism threat increased hassle factor Sources: FAA 2005
Eurocontrol 2006

8. Industry answer: business models evolution
Yearly Total Cost
Cost
Traditional Ownership
Branded Charter
Aircraft Management
Fractional Ownership
New business
Excellent Examples
Jet cards memberships
Used Fractional
models
Charter On-Demand
Scheduled Charter
Air Taxi
“Bizav” Airline
Commercial Aviation
Source:: Embraer (adapted from Jet Solutions)

9. Vision
To become a major player in the Business Aviation Market
within 10 years by providing innovative and differentiating
product and service solutions with added value to our
customers and shareholders.

10. Product portfolio expansion (jets)
Ultra Large Lineage™ 1000
Ultra-Long Range
Large
Legacy™ 600
Super Mid-Size
Mid-size
Mid-light
Light Phenom™ 100
Very Light Phenom™ 300

11. Vision
To become a leading Support & Services provider in the
Business Aviation Market within 3 years through a genuine
customer relationship and best practices.

12. Integrated Solution
Comprehensive Training Program
Outstanding Technical Support
Reputable Maintenance Services (Owned and Authorized network)
Embraer Executive Care programs
Excellent Parts Support & Repairs

13. Legacy™ 600 Program Update

14. The world discovers the Legacy™ 600
USA 36
EUROPE 28
ASIA 7
MIDDLE EAST 5
LATIN AMERICA 3
AFRICA 1
TOTAL 80
31 Aug 2006
80 aircraft, 18 countries, the right choice

15. Competitive Analysis – Floor Plans
Superior Privacy and Comfort

16. Legacy™ 600 Landmarks
Promises made, delivered … and more on the way

17. Market share - super midsize category
15%
13.5%
13%
25-30
a/c
12% 12%
10% 20
a/c
13 13
10 a/c a/c
a/c
2002 2003 2004 2005 2006 2007-2015
July 2006
2005: deliveries growth of 54%

18. Phenom™ 100 Program Update

19. Phenom™ 100
Interior design
Preliminary data

20. Phenom™ 100 and Phenom™ 300
Prodigy™ - Avionics based on Garmin system Preliminary data

21. Phenom™ 100
Layout Configuration Comparison – Jets Preliminary data
Phenom™ 100 Eclipse 500 Mustang Adam 700 CJ1
(Entry Level Jet)
Source: Conklin & de Decker Aircraft Comparator 2005/2006 – Manufacturers’ web sites and promotional material

22. Phenom™ 100
Cross-section Comparison – Jets Preliminary data
4ft 8in (1.42 m) 4ft 7in (1.40 m)
4ft 11in (1.50 m)
4ft 11in (1.50 m)
4ft 2in (1.27 m)
4ft 6in (1.37 m)
5ft 1in (1.55 m) 5ft 1in (1.55 m)
Phenom™ 100 vs. Eclipse 500 Phenom™ 100 vs. Mustang
Source: Conklin & de Decker Aircraft Comparator 2005/2006 – Manufacturers’ web sites and promotional material

23. Phenom™ 100
Layout and Cross-section Comparison – Turboprops Preliminary data
Cross-section Comparison
4ft 6 in (1.45 m)
4ft 11in (1.50 m)
4ft 10in (1.37 m)
5ft 1in (1.55 m)
Phenom™ 100 King Air C90GT Phenom™ 100 vs. King Air C90GT
Source: Conklin & de Decker Aircraft Comparator 2005/2006 – Manufacturers’ web sites and promotional material

24. Phenom™ 100
Competitive Analysis – Turboprop Preliminary data
Characteristics Phenom™ 100 King Air C90GT
Range (nm)1 1,160 1,025
High Speed Cruise (KTAS)1 380 270
MMO1 M 0.70 N/A
Maximum Op. Altitude (ft)1 41,000 30,000
Takeoff Field Length (ft)2 3,400 2,392
Total Baggage Capacity (cuft)1 55 48
List Price (US$ Million)3 2.85 2.95
Assumptions

25. Phenom™ 100
Competitive Analysis – Turboprop - Assumptions Preliminary data
1 – All aircraft ranges considers NBAA IFR Reserves with 100 nm alternate, 4 occupants @
200lb each. King Air C90GT from OEM Website – Feb 2006.
The High Speed Cruise, Baggage Compartment and Maximum Operating Altitude data were
obtained in the same sources.
2 – ISA, MTOW, Sea Level
3 – KingAirC90GT Price from www.AviationNow.com NBAA 2005 on line Show News

26. Integrated Development
Embraer uses a full range of technologies to enable a complete development
integration for its products. Catia V5 is extensively being used.
It is a successful heritage that comes from Embraer Commercial aircraft
experience and is being applied to the Phenom™ 100 and Phenom™ 300.

27. Phenom™ 100 – Wind Tunnel Test Campaign
E D
L ET
O MP
C
Phase I - USA
UWAL - University of
Washington Aeronautical
Laboratory Phase II - Brazil
CTA - General Command
for Aerospace Technology Phase III - Russia
TsAGI – Central
Aerohydrodynamic Institute
Design specifications confirmed

28. Phenom™ 100 – First Metal Cut D
E
L ET
O MP
C
May 2006
Section of the fuselage that connects the airframe with the engine’s pylon

29. Phenom™ 100 – Engine first run
E D
L ET
O MP
C
Pratt & Whitney Canada PW 617F
On schedule for the first flight

30. Phenom™ 100 – Master Phase Plan
2004 2005 2006 2007 2008
Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Business Case Approval
Business Plan Preparation
Business Plan Approval (Official “Go-Ahead”)
Joint Definition Phase
Detailed Design and
Flight Test Campaign
First Metal Cut
Sub-Assembly
Final Assembly
First Flight
Entry Into Service

31. Phenom™ 100
Entry into Service: mid-2008
Price: US$ 2.85 million*
* Jan 2005 economic conditions

32. Phenom™ 300 Program Update

33. Phenom™ 300
Interior design
by
Preliminary data

34. Phenom™ 300
Baggage Compartment Preliminary data
Baggage Compartment - 66 cuft
FWD Baggage Compartment - 5 cuft
Wardrobe - 5 cuft
Competitors Main Baggage Compartment
Hawker 400XP: 26 cuft
Citation Encore: 28 cuft
Citation CJ3: 50 cuft
Sources: B&CA Purchase Planning Handbook – May 2005

35. Phenom™ 300
Layout Configuration Comparison Preliminary data
PhenomTM 300 CJ2+ Bravo CJ3 Encore
(Mid-Light)
Source: Conklin & de Decker Aircraft Comparator 2005/2006 – Manufacturers’ web sites and promotional material

36. Phenom™ 300
Cross-section Comparison Preliminary data
Phenom™ 300 – walkthrough cabin
4ft 10in (1.47 m)
4ft 11in (1.50 m)
4ft 9in (1.45 m)
5ft 1in (1.55 m)
Phenom™ 300 vs. CJ2+ / Bravo / CJ3 / Encore (Mid-Light Jet)
Source: Conklin & de Decker Aircraft Comparator 2005/2006 – Manufacturers’ web sites and promotional material

37. Phenom™ 300 – Wind Tunnel Test Campaign
TsAGI – Central Aerohydrodynamic Institute - Russia
Ongoing campaign

38. Phenom™ 300 – Master Phase Plan
2004 2005 2006 2007 2009
Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Business Case Approval
Business Plan Preparation
Business Plan Approval (Official “Go-Ahead”)
Joint Definition Phase
Detailed Design and Flight Tests
Entry Into Service

39. Phenom™ 300
Entry into Service: mid-2009
Price: US$ 6.65 million

40. Embraer LineageTM 1000

41. Embraer LineageTM 1000 - Interior
illustrative purposes only

42. Lineage 1000 Performance
Range: 4,200 nm*
MMO : Mach 0.82
* NBAA IFR reserves (35 min) with 200 nm alternate; 8 passengers @ 200 lb, ISA. Range circles consider 85% annual winds,, 3% allowance Preliminary data

43. Embraer Lineage™ 1000
Entry into Service: mid-2008
Price US$ 40.95 million*
* Jan 2006 economic conditions

44. Phenom™ 100 and Phenom™ 300
Fleet Customer operation

45. Phenom™ 100 and Phenom™ 300 – design drivers
Premium comfort Docile flying characteristics
Outstanding performance Next generation engines
Low operating cost Designed for high utilization
Human factors High availability

46. High Utilization – based on 4 main fundamentals
Low operating cost
Designed for high utilization

47. High Utilization – based on 4 main fundamentals
Operation Economic
Life
Maintenance Reliability &
Dispatchability

48. High Utilization – based on 4 main fundamentals
Economic
Life

49. Economic Life - 10 years typical utilization
Preliminary data
Air Taxi
(20,000)
Fractional
(12,000)
Charter &
Branded
Charter
(8,000)
Private Owner
(2,000)
15,000 VLJ (nearest
Phenom 100
competitor)
35,000 EXTENDED LIFE
Cycles
Favors Residual Value

50. High Utilization – based on 4 main fundamentals
Extended
Economic
Life
Reliability &
Dispatchability

51. Reliability / Dispatchability
Preliminary data
High MTBF
IESI – Integrated Electronic Standby Instruments
FADEC’s
10 times better MTBF
All main electronics inside pressurized areas
Maturity plan
Avionics
Pressurization
Controller Power
Distribution

52. Reliability / Dispatchability
Preliminary data
Displays Interchangeability
The aircraft can be dispatched with PFD2 failed:
If PFD1 is failed:
If MFD is failed:

53. Reliability / Dispatchability
Low Turn-Around Time (TAT)
Phenom™ 300: Externally Serviced Lavatory Single Point Refueling
Preliminary data

54. High Utilization – based on 4 main fundamentals
Extended
Economic
Life
Outstanding
Maintenance Reliability &
Dispatchability

55. Maintenance
Low intervention philosophies (MSG-3)
simple maintenance procedures
reduced number of tasks with higher intervals
Quick fault location and isolation up to component level
Highly integrated central maintenance computer
(engine, avionics & other systems – AMS, electrical etc)
Ground
Connectivity - Data link capability (road map) Network
Trend and exceedance
Remote Diagnostic
Two way high speed
Phase 1 – On Ground Datalink
Preliminary data

56. High Utilization – based on 4 main fundamentals
Operation Extended
Economic
Life
Outstanding
Simple Reliability &
Maintenance Dispatchability

57. Operation – increased operational safety level
Usual tasks Phenom Tasks
Focus on Human Factors Press Button Start Switch
Engine start Fuel ON
Reduced pilot workload workload
Engine Parameters
Monitor
High situational awareness Gen ON
Gen Load Check
Av Master ON
Standby horizon
Brakes chk Brakes chk
Flaps and speed brake Flaps and speed brake
Chk elect trim disconnect
Pitot / static
Ignition on
Check thrust rev
Functionalities
IESI – Integrated Electronic Standby Instrument
Integrated EICAS – Engine Indication and Crew Alert System
Synoptic graphics
Moving map
Weather datalink & weather radar
Autopilot guidance controller
Preliminary data

58. High Utilization – based on 4 main fundamentals
Easy Extended
Operation Economic
Life
Outstanding
Simple Reliability &
Maintenance Dispatchability
Enables intense operation and favors residual value

59. Phenom™ 100 and Phenom™ 300 – design drivers
Low operating cost
Designed for high utilization

60. Low operating cost
Phenom™ 100 Phenom™ 300
DOC: US$ 440 / FH * DOC: US$ 700 / FH *
20% lower than an entry level jet 20% lower than a a light jet
(Citation CJ1)* (Hawker 400XP)*
12% lower than King Air C90B 16% lower than a mid-light jet
for a 600 nm mission** (Citation Encore)*
* Per B&CA assumptions – Typical Bizjet Operation ** B&CA Operations Planning Guide – August 2005 Preliminary data

61. Phenom™ 300
Expert opinion
Preliminary data

62. Sales and Backlog as of June 30th, 2006
Firm Orders Backlog US$ 1.25 billion
Firm Orders more than 235 units

63. Expected Production Plan – Legacy™ 600
2004 2005 2006 2007
13 20 25 - 30 25 - 30 (units)
Legacy™ 600

64. Expected Production Plan – PhenomTM 100 & PhenomTM 300
2008
Phenom™ 100
15 - 20 (units)
2009
120 - 150 (units)
Phenom™ 100 & Phenom™ 300

65. Expected Production Plan – LineageTM 1000
2008 2009
up to 2 3-4 (units)
Lineage™ 1000

66. Thank You !

67. Phenom™ 100 and Phenom™ 300 – breakthrough products
Join me in welcoming our customers
JetBird and Magnum Jet in USA
in Europe

68. Due to time span between the date of this document/presentation and the entry into service of
the aircraft, Embraer reserves the right to revise this document/presentation whenever
occasioned by product improvement, government regulations or other good cause.
The information contained herein is the property of Embraer S.A. and shall not be copied or
used in any manner except with Embraer´s written consent.