April 2011

2

This presentation relating to LLX Logística S.A. (“LLX”) includes “forward-looking statements”, as that term is defined in the Private Securities Litigation Reform Act of 1995, in Section 27A of the Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. All statements other than statements of historical facts are statements that could be deemed forward-looking statements and are often characterized by the use of words such as “projects”, “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates”, “may”, “will”, or “intends”, or by discussions or comments about our objectives, strategy, plans or intentions and results of operations. Forward-looking statements include projections regarding our operating capacity, operating expenditures, capital expenditures and start-up dates.

•By their nature, these forward-looking statements involve numerous assumptions, uncertainties and opportunities, both general and specific. The risk exists that these statements may not be fulfilled or, even if they are fulfilled, the results or developments described in such statements may not be indicative of results or developments in future periods. We caution participants of this presentation not to place undue reliance on these forward-looking statements as a number of factors could cause future results to differ materially from these statements.

Forward-looking statements may be influenced in particular by factors such as the ability to obtain all required regulatory approvals and licenses on a timely basis or at all, and changes in economic, political and regulatory conditions. We caution that the foregoing list is not exhaustive. When relying on forward-looking statements to make decisions, investors should carefully consider these factors as well as other uncertainties and events.

LLX does not undertake to update our forward-looking statements unless required by law. This presentation is neither an offer to sell (which can only be made pursuant to definitive offering documents) nor a solicitation of an offer to buy any securities in the United States, or any other jurisdiction. The securities referred to herein have not been registered in any jurisdiction, and in particular, will not be registered under the U.S. Securities Act of 1933, as amended, or any applicable state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements.

•This presentation and its contents are proprietary information and may not be reproduced or otherwise disseminated in whole or in part without LLX’s prior written consent.

Investor Relations

Otávio Lazcano – CEO

Antonio Castello Branco – Manager

Tel. 55 21 2555-5661

ri@llx.com.br

Disclaimer

Overview

4

EBX´s publicly held companies

LLX was created in March 2007, to

provide logistic services through the

development of major port systems in

the Southeast region of Brazil.

Its main strengths are:

� Strategic locations and large back-areas;

� Integration with existing rail and road

infrastructure;

� Low cost operational model (private terminals);

� Long term take-or-pay contracts and synergies

generated within the EBX Group;

� Experienced management team;

� Secured Debt Financing Sources;

� Social and Environmental Responsibility* As of March 31st 2011

R$/USD – 1,63

** Includes PortX (Mkt Cap US$ 2,3 bn)

Mkt Cap EBX Group**

US$ 53.8 bn

Mkt CapUS$ 2.1 bn

Mkt CapUS$ 3.5 bn

Mkt CapUS$ 38.8 bn

Mkt CapUS$ 3.7 bn

Mkt CapUS$ 3.3 bn

5

LLX post PortX spin off: focus on Açu Superport

Açu Superport

51%

LLX

Minas-Rio

LLX

Açu

70%

Centennial

54%

Controlling

Shareholder

Other Minority

Shareholders

30%

49%

MMX

Minas-Rio

100%

18% 28%

6

Experienced Management Team

OfficerOfficer ExperienceExperience

Otávio Lazcano

CEO

– Economist and MBA from Fundação Dom Cabral.

– 11 years of experience at CSN (Companhia Siderúrgica Nacional)

– Former CFO and IRO of CSN

– 4 years at Aracruz

Leonardo Gadelha

Chief Financial Officer

– Civil Engineer from from Pontifícia Universidade Católica of Rio de Janeiro and is a Chartered Financial Analyst (CFA) since 2003.

– Former CFO of Log-In Logística Intermodal (spin-off and IPO).

– 5 years at Vale: corporate governance department and M&A area (Caemi and INCO deals).

Luis Osório

Chief Implementation Officer

– Civil Engineer (UGF/RJ) and MBA from FGV/RJ. Project Management (PMI) certificate from FIA/USP.

– 30 years experience in implementing infrastructure projects (urban projects and port terminals); power plants and industrial facilities at Pronil, OAS and Brascan.

Eike Batista

Chairman and Founder

– Founder and CEO of EBX, entrepreneurial conglomerate founded in 1983

Claudio Lampert

Chief Legal Officer

– Law Degree from UERJ and LLM from University of Miami.

– 15 years experience in structuring and development of several mining, power and other infra-structure related projects in Brazil as a partner of Veirano Advogados.

7

Campos Oil Basin

• Hinterland of 75% of Brazilian GDP,

• Integrated with rail, highway – leapfrog from

truck to coastal barging.

• 150 km from Campos oil basin (85% of Brazil oil

production)

• Natural workshop for the pre salt in Brazil: one

stop shop for the oil and gas industry.

LLX: Location, location, location

8

Industrial District concept under develpoment

Industrial Area

LLX: Innovating Port´s Infrastructure

LLX´s Port-Industry Complex: world-class logistic solutions

A Typical Brazilian Port

� Açu Industrial Complex: 90 Km2

� Environmental Reserve: 50Km2

� No area for port growth

� Logistic bottlenecks

Industrial District concept under develpoment

Industrial Area

LLX: Açu Superport

9Source : (*) CEL/COPPEAD 2008 – vol 1 and Port Sites

LLX : Unclogging Brazil´s Logistics

LLX´s Ports: reinforcing Brazil´s capesize capacity and beyond

Manaus

Itaquí

Fortaleza

Suapé

Salvador

Vitória

Rio de Janeiro

Santos

Paranaguá

São Francisco do Sul

Rio Grande

Amazon River

80% of the Brazilian population lives within 200 km (124 miles) of the coast

Only 7% of Brazilian Ports are able to receive capesize vessels*.

10

LLX´s Business Model

LLX is signing long term agreements with industry leaders guaranteing

a steady cashflow and dividends to shareholders

Company Services Rendered Revende Model

LLX Minas Rio

Iron Ore handlingTake or Pay long-term contract:

25 years with Anglo.

Initial ore shipment : July 2013.

Expected revenues of US$ 190 M

LLX Açu Multi product handling (Steel,Coal,Liquid & Dry Bulk,General Cargo) ; Land Lease and Services & Utilities

Tariffs negotiated to ensure a

minimum 15% IRR to firm in US$

(under Long Term contracts)

unleveraged.

1111

‘

Port AçuPort AçuPort Açu

Açu Superport

Largest and most efficient port-industry complex in Latin America : total investments of US$ 40 billion

TX2

TX1

90 km² Industrial Complex (1.5 x the size of Manhattan Island)

Industrial Complex concept under development

13

Açu Superport – Highlights

� 350 million tons port complex with 2 terminals (TX1 and TX2), to be ranked among the top 3 in the world.

� 11 km of quay, able to receive 40 very large carriers (including Chinamax) thanks to its 26m draft.

� More than 60 contracts and MoUs signed with companies from sectors such as:

� Steelmaking ( Ternium, Wuhan);

� Power generation ( MPX);

� Cement (Votorantim , Camargo Correa);

� Offshore Industries ( Acergy, Technip);

� Resources and cheaper energy supply security, operating and logistic efficiencies, truly just in time practices and 2% VAT instead of 18%.

The largest investment in port development in Latin America, with state-of-the-art facilities: more than R$ 3.4 billion investment in port infrastructure;

�Oil and Gas;

�Metal Mechanic;

�Dry & Liquid Bulk Handling;

�Automotive;

�General Cargo & Services.

14

Açu SuperportUnique location and logistic integration to main railway and highway network

� BR 101 to be duplicated

� A 45 km new railway track will connect Açu

Superport to the railway and Campos within

a multimodal Logistic Corridor

A Complete Logistic Corridor

LOGISTICS CORRIDOR

15

Açu SuperportOne-Stop Shop for the Oil & Gas Industry

Consolidation and

Onshore Storage :

1.2 million bpd

For Export &

Coastal Shipping

VLCC/ Chinamax Tankers

Campos Basin

85% of Brazil Oil Production

FPSO

FPSO

Exp

ort

Small Tankers Shuttle

Storage & Treatment

Macaé

Ubu

Açu SuperportOil Treatment Facility

16

Desalting DewateringBlending

FPSOs

Oil Treatment Facility

Oil Export VLCCs

For 800,000 bpd

Investment of US$ 1.45 billion

Business opportunity with a leveraged IRR > 70% py

Source : Verax Feasibility Study as of March 2010

(+)

17

TX 1: one of the largest offshore terminal in Latin America for Iron Ore and Oil

OIL

IRON ORE

OIL

Oil transhipment to start in 2H 2012

18

TX 1: main characteristics

Threstle Completed : 3,000 m

Quay Length: 3,000 m

Number of Berths: 9

Initial Dredging: 21 m

For VLCCs and Capesizes

Iron Ore Pier: 65% completed

19

Açu Superport TX1: Offshore Terminal

Tug boat Pier and 65% of Iron Ore Pier completed

20

Rocks Stockyard : Breakwater construction underway

Açu Superport TX1: Offshore Terminal

21

TX 2 : The longest and most efficient quay for bulk cargoes and offshore industries

OIL

IRON ORE

OIL

OSX

OFFSHORE SUPPORT

INDUSTRIES

STEEL PRODUCTSSLAG/PIG IRON/

GRANITE

COALSUPPLY

BOAT

22

-14,50m

-11,00m

-14,50m

-10,00m

TX 2 : main characteristics

Total Quay Length : 8,000 m

Channel Width: 300 m

Total Area: 8,000,000 m2

-18,00m

Offshore Industries/

Bulk Cargoes

TX2: Onshore Channel – Dredging Sequence

23

Sandy material excavation

Sandy material transportation to landfill 2 km away

Dredging of sandy material from - 4,00 to -11,00 meters deep, with suction and pressure dredging

24

Up to 12.6 mtpy

Up to 10.2 mtpy

Iron Ore:

Coal

Steel ProductsReal EstateIndustrial Areas RentalUp to 60 mtpy

Açu SuperportMain activities

CAPEX ( for projects @ 100% )

LLX Minas-Rio: R$ 1.0 billion

LLX Açu (Non Ore): R$ 2.4 billion

Oil

Up to 46.4 Mm3 py

Pig IronUp to 2.0 mtpy

SlagUp to 2.0 mtpy

GraniteUp to 1.0 mtpy

Source : Verax Feasibility Study as of March 2010

1H06 2H06

Projectdetailing

Under Construction

1H07 2H07

2H13

Constructionbegins

EnvironmentalLicense

ANTAQAuthorization

ConstructionLicense

ProjectDetailing

OffshoreConstruction

License

ANTAQAuthorization

OffshoreEnvironmental

License

OnshoreEnvironmental

License

OnshoreConstruction

License

Construction begins

Under Construction

Start Up

Start Up

Development

Construction

Operations

LL

X A

ÇU

LL

X M

ina

s-R

io

Açu Superport Construction on Track

Açu Superport Milestones

2008 2009 2010 2011 1H131H12 2H12

Under Construction

Under Construction

Under Construction

Under Construction

2H13

25

78

357

475

336

29

153

39

174

701 669

353

254

27 10

-

100

200

300

400

500

600

700

800

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

LLX Açu

LLX Minas-Rio

26

Açu SuperportVolume and CAPEX

Açu Superport total CAPEX of R$ 3.4 billion

Minas Rio: R$ 1.0 billion

LLX Açu: R$ 2.4 billion

Actual Estimated

* Reimbursement of LLX Minas Rio CAPEX exceeding R$ 974 million

974

3.389

2.542

2.415

847547

339

300

600

-

500

1.000

1.500

2.000

2.500

3.000

3.500

4.000

LLX

Minas Rio

LLX Açu Total

CAPEX

Debt Total

Equity

Needed

Equity

Partners

LLX

Equity

Needed

LLX

Existing

Equity

Sources & Uses and Consolidated Financial Highlights

LLX’s Projects @ 100% (R$ M)

Debt/ Equity assumption: 75/25

Initial equity

Capital Increase as of March/2009

27

Cash Position (*) Debt

2007 - 2009 1Q10 2Q10 3Q10 4Q10 2007 - 4Q10 Actual 12/30/2010 4Q10

LLX Minas Rio (51%) 464 49 52 49 21 635

LLX Açu (100%) 221 10 18 85 61 396

LLX Brasil(100%) 53 - - - 12 65

TOTAL 583 59 70 135 94 941 119 360

(*) Cash Position (includes LLX S/A)

Financial Highlights @ December 31st, 2010

R$ MillionCAPEX

360 119

Thank you!www.llx.com.br

Email: ir@llx.com.br

Phone: +55 21 2555 5661