CORPORATE PRESENTATION Rio de Janeiro February 2013
EBX S PUBLICLY HELD COMPANIES Mkt Cap US$ 6.748 bn Mkt Cap US$ 0.795 bn Mkt Cap US$ 1.298 bn LLX is part of the EBX Group, an industrial conglomerate founded and led by Brazilian entrepreneur Eike F. Batista, who has a proven track record in developing new projects in the infrastructure and natural resources sectors. Mkt Cap US$ 2.920 bn Mkt Cap EBX Group US$ 13.818 bn Mkt Cap US$ 1.736 bn EBX Group s investments are concentrated in the companies LLX (Logistics), MMX (Mining), MPX (Energy), OGX (Oil and Gas), OSX (Offshore industry) and CCX (Coal) listed on the Novo Mercado of the BM&FBOVESPA, the segment with the highest standards of Corporate Governance. February 1st, 2013 R$/USD 1.99 Mkt Cap US$ 0.319 bn 2
TIMELINE 2007 Mar/07 LLX is created Jun/07 Installation License for LLX Minas-Rio ANTAQ s Authorization for LLX Minas-Rio Jul/07 Anglo American acquires 49% of LLX Minas-Rio 2008 Jun/08 LLX shares begin trading on the BMF&BOVESPA Stock Exchange 2009 Mar/09 Capital Increase BNDESPAR: R$ 600 million Oct/09 Installation License for MPX s Thermal PowerPlant Dec/09 Installation License for Logistics Yard LLX Açu Anglo obtains the Installation License for Minas-Rio system 2010 Jul/10 ANTAQ s Authorization for LLX Açu Sep/10 Installation License for OTF Ternium and LLX sign an agreement - steel facility in Açu Superport Oct/10 LLX s Partial Spin Off/ Portx is created Dec/10 Renegotiation of the Iron Ore Contract - LLX Minas Rio/Anglo American Jun/11 2011 TX1- Iron Ore Pier concluded Installation License for Onshore Terminal ANP s Authorization for OTF Jul/11 TX2 Construction Begins Aug/11 MoU with FCA Oct-Dec/11 Jan/12 2012 TX2 Breakwater Construction Begins Feb/12 Enviromental License for TX2 Mar/12 Bridge-loan with BNDES: R$ 518 million Installation License for Ternium Apr/12 Installation License for the Transmission Line May/12 Construction License for NKTF and Technip land lease contract with Subsea 7 Set/12 TX2 land lease contracts signed: OSX, NKTF, Technip and InterMoor Issue of R$ 750 Million in debentures Nov/12 land lease contract with GE Dez/12 land lease contract with V&M
AÇU SUPERPORT X BRAZILIAN PORTS Typical Brazilian port: strangled by cities growth X Açu Superport: 90Km² of Industrial Complex Integrated to 2 large Terminal-ports Brazilian port facilities operate with bottlenecks such as: Land access restrictions Small and low-skilled berths Draft restrictions Lack of automation in cargo handling Açu Superport Industrial Complex State-of-the-Art Facilities: No Land access restrictions Strategic location and large retroareas Integrated to 2 large terminal-ports Access Road projected to attend industry demands Integration with existing railway and road infrastructure Large and State-of-the-Art Berths (capable to receive large vessels) Up to 26 m Draft State-of-the-Art Cargo Handling Automation Equipment Low cost operational model (private terminals) 4
LLX: STRATEGIC LOCATION Rio Amazonas Manaus Itaquí Fortaleza Suapé Hinterland of 75% of Brazilian GDP Salvador Vitória Integrated with rail, highway leapfrog from truck to coastal barging; 150 km from Campos oil basin (85% of Brazil oil production); Rio de Janeiro Santos Paranaguá São Francisco do Sul Rio Grande Natural workshop for the pre salt in Brazil: one stop shop for the oil and gas industry; Resources and energy supply security, operating and logistic efficiencies, truly just in time practices and 2% VAT instead of 18%. Açu Superport : Brazil s new route to China (Source: FT; May 9th, 2011). Campos Basin 5
ROUTES INCLUDED IN THE FEDERAL GOVERNMENT INFRASTRUCTURE PACKAGE Açu Superport Unique location and integration with the railway network 6
7 AÇU SUPERPORT Unique location and integration to main railway and highway network BR 101 will be duplicated New railway will conect the Açu Superport to the national network 400 meters wide and 43 km long 2 railroads and 2 highways LOGISTICS CORRIDOR 27 KM AÇU INDUSTRIAL COMPLEX Area for transmission line and ducts Capacity of 100 thousand vehicles per day
AÇU SUPERPORT Estrategic Location for the Oil Market DISTANCE 280 km 150 km SPEED 12 knots 12 knots TIME 12.6 hours 6.8 hours FIELD 13 MOST PRODUCTIVE FIELDS IN BRAZIL OPERATOR PRODUCTION [Mbpd] DISTANCE AÇU [km] Marlim Sul PETROBRAS 308 138.48 Roncador PETROBRAS 260 132.6 Marlim PETROBRAS 210 119.20 Jubarte PETROBRAS 175 118.36 Barracuda PETROBRAS 131 115.98 Marlim Leste PETROBRAS 128 132.98 Albacora PETROBRAS 84 114.89 Cachalote PETROBRAS 65 124.26 Albacora Leste PETROBRAS 62 135.49 Frade CHEVRON* 60 120.27 Caratinga PETROBRAS 51 124.58 Ostra SHELL* 47 157.37 Espadarte PETROBRAS 30 127.69 TOTAL PRODUCTION 1,611 Source: ANP Average Distance from the production fields = 127.82 km (less than 7 navigation hours) Average Distance from the exploration fields (Campos and Espírito Santos Basins) = 184.3 Km Distance between Açu Superport and Imbetiba Port = 101 km by Sea 8
9 CONTRACTS SIGNED Land Lease: annual revenues of up to R$ 100 million Term: 20 years, renewable for a further 20 years Area: 121,905 m² with 210 m of quay Revenue: R$ 8 million per year Start Date: October 20th, 2011 Term: 20 years, renewable for a further 20 years Area: 52,302 m² - with 90 m of quay Revenue: R$ 3.6 million per year Start Date: December 2nd, 2011 Term : 25 years, renewable for a further 25 years Area:289,800 m² with 500 m of quay Revenue: R$ 22 million per year Start Date: November 18th, 2011 Term: 30 years, renewable for up to further 30 years Area: up to 322,489 m² Start Date: 1 st semester 2014 Term: 20 years, renewable for up to further 20 years Area: up to 150,000 m² Start Date: 1 st semester 2015
CONTRACTS SIGNED Land Lease: annual revenues of up to R$ 100 million Term: 35 years, renewable for a further 35 years Area: 2,243,800 m² Revenue: R$ 9.17 million per year Start Date: November 24th, 2010 Term: 40 years, renewable for a further 40 years Area: 3,200,000 m² Revenue: R$ 28 million per year Start Date: October 31st, 2011 Iron Ore: annual revenues of US$ 190 million Term: 25 years, renewable for a further 25 years Volume: up to 26.500.000 tpa (1 st pipeline) Revenue : US$ 190 million p.y. Start Date: July 1 st, 2014 10
11 AÇU SUPERPORT MAP
CRUDE OIL Petróleo e Gás IRON ORE Metal-Mecânico TX1 Movimentação de Granéis Líquidos e Sólidos Automotivo One of the largest offshore terminals in Latin America for Iron Ore and Oil 12
Minas-Rio System Iron ore pipeline construction 13 13
14 TX1 General View LLX Minas-Rio
15 TX1 Offshore Terminal Tug boat Pier and 100% of Iron Ore Pier Completed 3,000 m
TX2 TX2 13 Km of quay 13 Km of quay and capacity for and capacity for more than 30 more than 30 berths berths 16
X1 X3 X2 X6 X4 X5 X4 X4 OFFSHORE industries OFFSHORE industries TX2 General View X4 17
TX2 General View 18
TX2 Evolução Dredging da dragagem evolution 19 19
TX2 TX2 Dredging Dredging evolution evolution 20 20
TX2 General view General View 21 21
TX2 Steel sheet driving 22
TX2 Breakwater Construction North 23
TX2 Breakwater Construction North 24
Land filling Area 2 Land filling Area 2 LAND FILLING AREA 2 2 25 25
LAND FILLING AREA 4 Detailed view 26
Transmission Line Assembly of Tower 16-1 27
NOV NOV Civil Civil works works progress progress 28 28 28
TECHNIP Civil works progress TECHNIP Civil works progress 29
OSX Civil works progress 30
CAPEX LLX Açu LLX Minas-Rio Capex for the 3Q12 Capex (2007-3Q12) Total Capex (Project) R$ 175 million R$ 1.31 billion R$ 3 billion Capex for the 3Q12 Capex (2007-3Q12) Capex LLX Minas-Rio Capex AFMR R$ 78.1 million R$ 1.84 billion R$ 974 million R$ 1.3 billion 31
LLX: SOCIAL & ENVIRONMENTAL RESPONSIBILITY Professional Qualification Program Turtle Release - partnership with the Tamar Project Actions to strengthen the fishing activity R$ 150 million already invested in more than 50 social and environmental projects Assistance programs to fishing activities, society and environment Professional Qualification Program in partnership with Senai trained nearly 800 people and will provide 3,300 positions for professional development courses and technical support in 2012 40 km ² area dedicated to create an Environmental Reserve Health and safety programs The Acu Superport at full capacity will generate 50,000 jobs 32
PRESIDENT DILMA ROUSSEFF VISITS AÇU SUPERPORT 33
www.llx.com.br Email: ri@llx.com.br Phone number: +55 21 2163 5661