Gerdau S.a. · BMFBOVESPA:GGBR3

Gerdau — Q2 2008 Earnings Presentation

7 slides from Gerdau's earnings presentation, Aug 19, 2008

  1. Slide 1: Crude Steel Production and Rolled Products Production

    Crude Stee! Production (slabs, blooms and billets) Rolled Products Production (1,000 tonnes) (1,000 tonnes) we 3 amos 38 aa 4413 , am 3.85 nO | 2007-3007 gos 2g08 1q0e 208 mraz ‘North America erat sNorth America ‘latin America. sm Specialty Steel Latin America. sm Specialty Stee!

  2. Slide 2: Results: Consolidated net revenue

    Excluding shipments to subsidiaries Results · Consolidated net revenue reached R$ 11.1 billion in the 2 nd quarter 2008, exhibiting a growth of 47.2% when compared to the 2 nd quarter 2007. Demand for steel products in all the regions where Gerdau has operations and the consolidation of the companie

  3. Slide 3: EBITDA

    EBITDA (R$ million) 2Q08 2Q07 Variation 2Q08/2Q07 1Q08 Variation 2Q08/1Q08 Brazil 1,208 97.4 % 47.3 % North America 2 86.6 % 28.1 % Latin America 3 56.2 % 85.3 % Specialty Steel 4 13.3 % 15.4 % Total 2,747 1,597 72.0 % 1,985 38.4 % - Does not include specialty steel operations - Does not include Mex

  4. Slide 4: Net income

    · The result from the equity equivalence on the investments at non-consolidated companies reached R$ 81.9 million in the quarter versus R$ 33.0 million in the 2 nd quarter 2007. · In the 2 nd quarter this year, due to Real appreciation compared to the American Dollar, there has been a positive finan

  5. Slide 5: Metalúrgica Gerdau first semester 2008 results

    · In the first semester of 2008, the preferred stocks of the company had an appreciation of 48.4% versus 1.8% of IBOVESPA. · In the second quarter of 2008, net income of Metalúrgica Gerdau S.A. reached R$ 657.1 million, equivalent to R$ 1.62 per share. This profit was basically originated from the e

  6. Slide 6: Share price performance (Base 100)

    SOVES?A (Base 100) RYSS (Base 100)

  7. Slide 7: Results

    · Results - Net revenue reached R$ 4.2 billion in the 2 nd quarter 2008 versus R$ 2.6 billion in the 2 nd quarter 2007, with growth of 58,7%, which is mainly due to the consolidation of the companies acquired in the past twelve months. - EBITDA reached R$ 875 million in the 2 nd quarter, 86.6% highe

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