8/3/2019 PRVIAOPERACIONAL4Q11eng

1/2

13.8%

12.2%

14.4%

11.4%

14.0%

11.4%

9.9%

7.9%

5.1%

9.8%

5.6%

10.6%

14.9%

11.9%

13.7%12.6%

6.6%

9.4%

7.5%8.3%

1Q07 2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11

R$1.7 B R$1.9 BR$2.2 B

R$2.8 BR$3.1 B

R$3.6 BR$4.3 B

R$5.1 B

R$6.1 B

R$7.5 B

R$8.5 B

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

CAGR*: +17.2% +13.2%

Rio de Janeiro, January 5, 2012 Multiplan Empreendimentos Imobilirios S.A. (BM&FBOVESPA: MULT3)

announces its preliminary fourth quarter 2011 operational results for the fourteen shopping centers the Company owns.

The highlight goes to the strong growth in sales and rent in the period.

Shopping Center Sales

Sales in Multiplan shopping centers reached R$8.5 billion in 2011, a 13.2% increase compared to 2010. In the fourth

quarter sales reached R$2.8 billion, which represents 32.9% of annual sales, and led to growth of 13.4% when

compared to the fourth quarter of 2010. This growth happened on top of an already strong base from preceding years.

PRELIMINARY DATA: SALES IN MULTIPLAN SHOPPING CENTERS

GROW 13.2% IN 2011 AND REACH R$8.5 BILLION

Multiplan Shopping Centers Total Sales Evolution

* Compound Annual Growth Rate

PRESS RELEASE

On a same basis comparison, Same Store Sales (SSS) presented a growth of 7.6% in 2011, while Same Area Sales

(SAS) increased 8.9%. The solid per square meter sales base in the companys shopping centers makes the growth in

2011 even more relevant. In 4Q11, the increase in SSS and in SAS was of 8.3% and 10.0% over 4Q10, respectively.

Same Store Sales Quarter Evolution (Year/Year)

8/3/2019 PRVIAOPERACIONAL4Q11eng

2/2

2.6% 3.6%3.9% 4.6%

5.6%6.7% 8.6%

10.7% 11.1% 10.0%

7.3%

2.9%

0.2%

-0.3%

0.6%4.0%

7.3%8.8% 9.6% 9.3%

6.5%6.6% 6.4% 4.2% 2.1%

2.2%

2.8%

2.9% 1.9% 3.6%

0.8%

3.4%

3.7% 4.8%6.0%

7.7%2.8%

4.9%5.8%

4.8%9.4%

10.4% 10.6%

9.0%

7.7%

9.0%

11.6%

13.9%13.2%

14.0%

8.1%

6.5%

3.9%4.4%

6.6%

12.0%

10.3%

14.1%

16.0%

14.5%

1Q07 2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11

IGP-DI Adjustment Effect Real SSR

Armando dAlmeida Neto

CFO and IRO

Rent

Multiplan recorded a Same Store Rent (SSR) growth of 14.1% in 2011 and 14.5% in 4Q11, compared to the same period

last year. Same Area Rent (SAR) increased 13.3% in 2011, and 14.8% in 4Q11.

Same Store Rent Quarter Evolution (Year/Year)

IRMultiplanTel: 55 21 3031-5200Fax: 55 21 3031-5322

Address:Av. das Amricas, 4.200Bloco 2 -Sala 501 DuplexBarra da Tijuca - Rio de JaneiroCEP: 22640-102

E -ma i l : i r @ m u l t i p l a n . c o m . b r We b s i t e : w w w . m u l t i p l a n . c o m . b r / i r

Disclaimer: The information included in this report are preliminary and can be modified without previous notice. The company has no obligation toupdate said information. Readers/investors should be aware that many factors may mean that our future results differ from the information in thisdocument. The reader/investor is encouraged not to completely rely on the information above.