Sao Martinho S.a. · BMFBOVESPA:SMTO3
Sao Martinho — 1Q08 Earnings Presentation
9 slides from Sao Martinho's earnings presentation, Aug 16, 2007
Slide 1: 1Q08 Results Conference Call, 2007/08 Harvest
Oo Martinho — = 1Q08 Results Conference Call 2007/08 Harvest August 16, 2007
Slide 2: Forward-Looking Statements
99 Bi 111) so mertinno [I ta iS! — Forward-Looking Statements This presentation contains certain statements that are neither reported financial results or other historical information. They are forward-looking statements. Because these forward-looking statements are subject to risks and uncertaintie
Slide 3: Recent Events
Al | if Recent Events iy Partial consolidation of Etanol Participacées MAM iy Capex acceleration and capacity expansion of Boa Vista Mill 77 i Dividend payment amounting to R$ 20 million — R$ 0.17699/share
Slide 4: Highlights for the Quarter: Operating and Market
99 By. 25% Highlights for the Quarter Operating and Market Mi iy Decrease in sugar and ethanol prices (domestic/export) and Real appreciation in the quarter RAM iv Expectation of better prices for sugar and ethanol « Current ethanol prices makes the product more attractive to low consumption Brazili
Slide 5: Highlights for the Quarter: Financial Results
99 sf Highlights for the Quarter Financial Results RAM iy Sales rose by 9.1% (sugar equivalent) iy Increase of sugar and ethanol export volume iii The beginning of the crushing was postponed due to unfavorable weather conditions RAM iii Delay in the beginning of crushing prejudiced the COGS dilution
Slide 6: Project Status
a9 DDD Sao Martinho Project Status: ay Currently 9,000 hectares have already been planted ii’ Total plantation is expected to reach 14,000 hectares until dec./O7 iy Works schedule is up to date (startup anticipated to 2008/09 harvest) iy Harvesting will be 100% mechanized as of the startup iit Mitsu
Slide 7: Construction of Boa Vista Mill
VAAL DDD Sao Martinho Construction of Boa Vista Mill
Slide 8: Consolidation of Etanol Participações
VAY | DAD Sado Martinho || Consolidation of Etanol Participagoes RAM i¥ Consolidation of Etanol Participagées in Sao Martinho’s results as of 1Q08 iy Space for synergy gains and cost reduction in administrative, agricultural and industrial operations a Adapting agricultural operations and mechanized
Slide 9: IR contacts
Ge: NOVO MERCADO IR contacts Joao do Val Investor Relations Officer Felipe Vicchiato Investor Relations VAN rT) Martinho Phone: +55 11 2105-4100 E-mail: ri@saomartinho.ind.br IR Website: www.saomartinho. ind.br/ir