15/08/2012 > Relações com Investidores

2Q12 and 1H12

Results

Parque Flamboyant 56 | Goiânia – GO

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Disclaimer

This material is a presentation of general background information about Rossi Residencial S.A. (“Rossi”) as of the date of this presentation. Information contained herein has been summarized and does not purport to be complete. This presentation shall not be considered an advice of investment by potential investors. This presentation is strictly confidential and may not be disclosed to any third person. There are no representations or warranties, express or implied, regarding the accuracy, fairness, or completeness of the information presented herein, which shall not support any decision of investment. This presentation contains statements and information that are forward-looking pursuant section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934. Such forward-looking statements and information are only predictions and cannot assure Rossi’s future performance. Investors have been cautioned that any such forward-looking statements and information are subject to many risks and uncertainties relating to the operations and business of Rossi and its subsidiaries. As a result of such risks and uncertainties, the actual results of Rossi and its subsidiaries may be materially different from any future result expressed or implied in the forward-looking statement or information contained herein. Although Rossi believes that the expectations and assumptions reflected in the forward-looking statements and information are reasonable and have been based on data currently available to its officers and directors, Rossi cannot guarantee future results or events. Rossi does not assume the commitment of update any of the forward-looking statement of information. Securities may not be offered or sold in the United States unlesss they are registered or exempt from registration under the Securities Act of 1933, as amended. Any offering of securities to be made in the United States will be made by means of an offering memorandum that may be obtained from the underwriters. Such offering memorandum will contain, or incorporate by reference, detailed information about Rossi and its subsidiaries, their business and financial results, as well as its financial statements. This material is for distribution only to person who (i) have professional experience in matters relating to investments falling within Article 19 (5) of the Financial Services and Markets Act of 2000 (Financial Promotion) Order 2005 (as amended, the “Financial Promotion Order”), (ii) are persons falling within Article 49 (2) (a) to (d) (“high net worth companies, unincorporated associations etc”) of the Financial Promotion Order, (iii) are outside the United Kingdom, or (iv) are persons to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of the Financial Services and Markets Act 2000) in connection with the issue or sale of any securities may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as “relevant persons”). This material is directed only at relevant persons and must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this material relates is available only to relevant persons and will be engaged in only with relevant persons. This presentation does not constitute an offer, invitation or solicitation of an offer to subscribe to or purchase any securities. Neither this presentation nor anything contained herein shall form the basis of any contract or commitment whatsoever.

Opening Remarks

Operating Performance

Cássio Audi

CFO and IRO

Financial Performance

Rossi Properties and Rossi Urbanizadora

Index

2

Leonardo Diniz

CEO

Rodrigo Martins

Sales Officer

3

Opening Remarks

Continued focus on cash generation and profitability ;

Record number of units delivered in 1H12: 8,856 ;

Operations in major metropolitan areas based on following fundamentals:

Strong presence of Engineering Team and Rossi Vendas

Strong market share

Excellent local market intelligence

Revision in Launch Guidance

Creation of 2 new Business Areas:

Rossi Commercial Properties

Rossi Urbanizadora

4 4

Liverpool | Manaus – AM

Operating

Performance

77%

17%

6%

Convencional

Low Income

Commercial

22%

14%

14%12%

9%

7%

7%

6%

4%2%0%

Amazonas

Distrito Federal

Rio Grande do Sul

São Paulo (2 cities)

Rio de Janeiro

Minas Gerais

Ceará

Sergipe

Goiás

Paraná

São Paulo

Pernambuco5

Launches

R$ million

Breakdown by Segment (% Rossi) – 1H12 Breakdown by Region (% Rossi) – 1H12

1,309

538

2,031

1,052

304

326

345

485

2Q11 2Q12 1H11 1H12

Launches | R$ million

Rossi Partners

1,613-46%

864

2,377

1,537

-35%

6

Contracted Sales

R$ million

Breakdown by Segment (% Rossi) – 1H12 Breakdown by Region (% Rossi) – 1H12

17%

14%

13%

11%9%

8%

7%

6%

5%2%

2%1%

São Paulo (16 cities)SergipeRio Grande do SulAmazonasSão Paulo Rio de JaneiroCearáParanáMinas GeraisMato Grosso do SulDistrito FederalGoiásParáPernambucoEspírito SantoSanta Catarina

63%

34%

3%

Conventional

Low Income

Commercial

897 682

1,664 1,321

236

208

493

443

2Q11 2Q12 1H11 1H12

Contracted Sales| R$ million

Rossi Partners

1,133

-21%

890

2,157

1,764

-18%

7

Successful Launches in the quarter

Jardins de Londres

Conventional

Aracaju- SE

162 units

2Q12

Reserva Inglesa

Conventional

Amazonas - AM

648 units

2Q12

Parque Flamboyant 56

Conventional

Goiânia - GO

85 units

2Q12

Rossi Ideal Flamboyant

Low Income

Sumaré - SP

330 units

2Q12

Vila Flora Sumaré | Camélias

Low Income

Sumaré - SP

200 units

1Q12

Rossi Nova Palhano

Conventional

Londrina - PR

244 units

1Q12

Rossi Praças Golfe

Low Income

São José do Rio Preto - SP

240 units

1Q12

Rossi Vila Boa Vista

Conventional

Recife - PE

116 units

1Q12

8 ¹ Initial Inventory adjusted by projects cancelations

Sales and Inventory

Sales Speed (Sos)

Inventory

2.006 2.052 2.180 2.364 2.319 2.701 2.823 3.128 3.003 2.569

1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12

25% 26% 27% 28% 25% 25% 25% 23%18% 21%

Sales Speed and Inventory

74%

26%

Sales Breakdown – 1H12

68%

32%

Invetory Sales

Launches Sales

Sales Breakdown – 2Q12

Invetory Sales

Launches Sales

39%

15%10%

8%

8%

7%

4%4%

3%2%São Paulo (others cities)

Federal District

Rio Grande do Sul

Amazonas

Minas Gerais

Rio de Janeiro

Pernambuco

Sergipe

São Paulo (RMSP)

Goiás

Alagoas

9 RMSP – São Paulo Metropolitan Region

Land Bank

48%

43%

10%

Strategic Breakdown| % Rossi

Rossi Residencial

Rossi Urbanizadora

Restructuring

R$20.4 billion

38%

17%

24%

16%

6%Low Income

From R$ 200K to R$ 350K

From R$ 350K to R$ 500K

Above R$500K

Commercial

Income Segment Breakdown| Rossi Residencial

R$9.8 billion

76%

24%

Permuta

Dinheiro

76% Acquired by Swaps

Swaps

Cash

States Breakdown| Rossi Residencial

R$9.8 billion

10 10 10

Rossi Mais Reserva Especial | Bello Horizonte – BH

Financial

Performance

145

90

277

237

2Q11 2Q12 1H11 1H12

-38%

-14%

85

(9)

163

35

2Q11 2Q12 1H11 1H12

-79%

-111%

232

147

446

375

2Q11 2Q12 1H11 1H12

-36%

-16%

752704

1,4081,493

2Q11 2Q12 1H11 1H12

-6%

+6%

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Financial Highlights

Net Revenues (R$ million) Gross Income (R$ million) and Gross Margin (%)

EBITDA (R$ million) and EBITDA Margin (%) Net Income (R$ million) and Net Margin (%)

21%

31%

25%

32%

13%

19%

16% 20%

12%

2%

53 55

76

69

56 54

1Q11 2Q11 3Q11 4Q11 1Q12 2Q12

In 3Q11, Rossi announced the program to reduce

G&A expenses;

The target is to maintain the same absolute

amount in 2011 by 2012;

Expenses in 2Q12 were flat with 2Q11, therefore

if you exclude inflation from the period, there was

a reduction in real terms.

Decrease of R$ 13 MM

G&A Expenses Reduction Plan

G&A Expenses

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¹ Excluding debentures with CEF earmarked as Construction Finance

² refer to credits arising from trade receivables from projects that have been completed and are in the process of being released for assignment and transfer to the inancial institutions that financed the project.

Indebtness

Debt

Debt Breakdown Debt Profile

Construction Financing

58%

Debentures 29%

Working Capital 12%

Long Term 70%

Short Term 30%

Strong cash position of R$ 1.3 billion (45% of Shareholders' Equity);

58% of debt is construction financing;

70% with long term maturity;

R$ million 2Q12 1Q12 Chg (%)

Construction Finance 2,432 2,228 9.2%

Working Capital 874 228 283.2%

Debentures ¹ 971 985 -1.4%

Gross Debt 4,277 3,441 24.3%

Cash and Cash Equivalents 1,259 1,298 -3.0%

Net Debt 3,019 2,143 41%

Clients Securitization 466

Gross Debt (ex/ Clients Securitization) 3,811 3,441 11%

Clients to be transferred ² 213 228 -6.6%

Cash and Cash Equivalents Adjusted 1,472 1,526 -3.5%

Net Debt (ex/Clients Securitization) 2,340 1,915 22%

Net Debt/ Shareholder´s Equity 83.8% 67.9% 16.0 p.p.

14

Cash Burn and Leverage

Cash burn – R$ MM

Cash burn excluding the nonrecurring debts and the stock buyback program;

Leverage and Indebtness – R$ MM

432

476512

556 551591

49.4%

62.3% 66.1%72.0%

67.9%

83.8%

1Q11 2Q11 3Q11 4Q11 1Q12 2Q12

Construction Outflow (R$ MM) Net Debt/Equity (%)

178

213

195

268

94

198

93

13

104

273

1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12

15 15 15

Opportunities

Value Creation

Rossi Vila Office| São Paulo – SP

16

Rossi Commercial Properties

Current Portfolio of Projects

RCP is focused on developing regional, neighborhood, convenience and strip mall opportunities in Brazil

17 Projects “Already in-House” with total GLA of 169 mil m²

Operates under 4 different formats:

Focus on convenience consumption

Neighbourhood Malls

Shopping Canters

Retail Mixed-Use Projects (combines residential and commercial developments)

Access to Rossi nationwide landbank , with strong pipeline of projects

Proven track record in development and construction

Right of first refusal on Rossi landbank with retail potential

Financing facility already secured at attractive conditions

R$750mm (US$480mm) already negotiated to leverage 80% of the projects Capex

Overview

17 Projects

169 mil m2 in GLA

9 States

RS

SC

PR

SP

MG

GO

MT

AC

AM

RR

RO BA

PI

MA PA

AP

TO

CE RN

PE

AL SE

MS

RJ

ES

DF

PB

25,000 14.9%

4,150 2.5%

20,184 12.1%

24,980 14.9%

63,058 37.7%

10,000 6.0%

2,000 1.2%

11,000 6.6%

7,068 4.2%

17

Rossi Urbanizadora

Development of unifamily and multifamily lots ;

Nationwide structured portfolio;

LandBank of 19.250.677 m2 ;

Experienced and qualifed Team;

Rossi has proven track record of excelence in developing big lots, such as: Villa Flora (Sumaré), Le Monde (Campinas), Rossi Central Parque (Porto Alegre), among others.

Vila Flora Sumaré | Campinas - SP

Total Land: 791,853 m²

Lots Area: 475,112 m²

# of units: 3,500

Lanuch year: 1999

Vila Flora Votoramtim | Campinas - SP

Total Land: 465,610 m²

Lots Area: 264,153 m²

# of units:

1,322 houses

470 Apartments

Rossi Central Parque| Porto Alegre - RS

Total Land: 300.000 m²

Lots Area : 7

Launches:

246 commercial units

742 Apartments

44 houses

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Equipe de RI

Thank You!

IR Team Phone: +55 (11) 4058-2685 ri@rossiresidencial.com.br www.rossiresidencial.com.br/ir

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Q&A