Sojitz Bio Fuel Activity

October 2010

Bio Ethanol

Company: ETH Bioenergia S.A.

Head Office: Sao Paulo, Brazil

Equity Ratio: Odebrecht 43.33% / Brenco(BNDES etc.) 35% / Sojitz Group 21.66%(ETH Bionergia merged with Brenco in April 2010)

Equity: R$1,225 Million (=US$662Million) as of End March, 2010

Number of Mill: 5 as of May, 2010 (to be 9 by end of Oct 2011)

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SP

GO

MS

MT

Santos

Paranaguá

Ethanol

Pipes

PR

Brenco Assets Centrosule (pipeline)

Shareholders ETH

Odebrecht and Sojitz

Shareholders Brenco

BNDES etc.

ETH Bioenergia

65% 35%

Rapid Development through competitiveness, sustainability and cultural standard.

Sugar Cane Milling (in Thousands Tons per year)

12,730

20,863

32,912

37,125 37,833 37,860

Ethanol Production (in Million Liters per year)

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09/10 10/11 11/12 12/13 13/14 14/15 15/16

4,250

12,730

09/10 10/11 11/12 12/13 13/14 14/15 15/16

278

947

1,658

2,674

3,032 3,099 3,101

Ethanol Production (in Million Liters per year)

Company: Braskem S.A.

Head office: Sao Paulo, Brazil

Capital: R$ 5,473 Million(=US$3,075 Million) as of End Dec, 2009

Net Revenue: R$15,248 Million (=US$8,566 Million)

Gross Profit: R$2,584 Million (=US$1,452 Million)

Net Profit: R$917 Million (=US$515 Million)

Company Outline: The largest petrochemical company in Latin America. Sojitz is the largest foreign shareholder of Braskem(2.2%), and has over 35 years of trading experience

ETBE (Ethyl Tertiary Butyl Ether) ETBE (Ethyl Tertiary Butyl Ether)

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largest foreign shareholder of Braskem(2.2%), and has over 35 years of trading experience with the company. Sojitz has been handling certain volume of ETBE every year from 2009 by utilizing global marketing network.

ETBE Plant in Camacari Petrochemical Complex.

Annual Production: 160,000mt

Loading Port: Aratu

ETBE Plant in Triunfo Petrochemical Complex.

Annual Production: 160,000mt

Loading Port: Rio Grande

By using competitive supply source of ethanol and ETBE, build “Value Chain” from Brazil (upstream) to downstream sector in Europe and Asia.

Sojitz Bio Fuel StrategySojitz Bio Fuel Strategy

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“How?”“Teaming up with the company who has 1. storage/established logistics, 2. access to the retail market, 3. stable business in the market .”

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