EMBRAER 2013 OUTLOOK

Embraer is releasing its 2013 Outlook to the investment community.

2012 HIGHLIGHTS
As previously announced to the market, in 2012 Embraer delivered a total of 106 commercial jets and 99 executive jets, including 77 light jets and 22 large jets, accomplishing its 2012 delivery Outlook. The Company ended 2012 with a US$ 12.5 billion backlog. Earnings results for the 4th Quarter and Fiscal Year 2012 will be released on March 22nd, 2013, followed by a conference call on March 25th.

2013 OUTLOOK
In 2013, Embraer expects to deliver 90 to 95 commercial jets, 80 to 90 light executive jets and 25 to 30 large executive jets. Therefore, the Company expects to achieve total Net Revenues between US$ 5.9 and US$ 6.4 billion. The approximate revenue contribution from each business segment should be: Commercial Aviation: 52%; Executive Aviation: 25%; Defense and Security: 21% and; Other business: 2%.

The Company expects to achieve an EBIT margin between 9.0% and 9.5% (from US$ 530 to US$ 610 million) and therefore the EBITDA margin is expected to stay between 13.0% and 14.0% (from US$ 770 to US$ 900 million).

Total 2013 Investment is expected to be US$ 580 million, of which Research will represent US$ 100 million, Product development US$ 300 million and CAPEX US$ 180 million.