Brazilian Gas Market

Dear Sirs,

Enelecsa do Brasil is located in São Paulo, SP. We have agents in all distribution´s gas companies with actuation in all Brazilian territory .

Our skilled team specializes in technical assistance to all equipment, systems and installations we supply, including commissioning and performance tests, besides a broad range of other maintenance services.

We have brought to Brazil several foreign suppliers and working as a distributor or reseller we were able to introduce them in our Brazilian market.

Kind Regards,

Avelino Marques CostaTechnical and Commercial Director

Business Plan 2011-2015 (US$ bilhões)

Segmentos Investimentos PN 2011-2015 % Investimentos PN 2010-14 %

Exploração e Produção 127,5 57% 118,8 53%

Refino, Transporte e Comercialização 70,6 31% 73,6 33%

Gás & Energia 13,2 6% 17,8 8%

Petroquímica 3,8 2% 5,1 2%

Distribuição 3,1 1% 2,4 1%

Biocombustível 4,1 2% 3,5 2%

Corporativo 2,4 1% 2,9 1%

TOTAL 224,7 100% 224,0 100%

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 -

5,000,000

10,000,000

15,000,000

20,000,000

25,000,000

NATURAL GAS SALES

1. Oil & Gas Industry will keep on playing a strategic roleconcerning World Energy Demand in 2010 – 2030 Timeline*.2. Local Content Commitments have increased significantlysince Brazil Round 1 (1999)** and must be taken intoConsideration on Operator’s Bidding & Managing(Exploration & Development) Strategies.3. There are relevant gaps considering Technical &Procurement aspects concerning O&G Supply Chain inBrazil (specially facing Pre-Salt Demands);4. Considering Future and ongoing Demand, there aretremendous Opportunities for O&G Equipment Suppliersand Service Companies in Brazil

Oportunities

Enelecsa