CORPORATE PRESENTATION

2nd quarter 2012

www.duratex.com.br/ri

2

OPERATING HIGHLIGHTS

Acquisitions:

• Signing of underwriting agreement to acquire a significant stake in

Tablemac

• Agreement for acquisition of the manufacturing unit of industrial

valves, Metalúrgica Ipê, Mipel from Lupatech

Shipped Volumes:

• Wood Division record: +3,6 compared to 1Q12, and +11,7% y-o-y

• Deca Division: +3,3% q-o-q, +2,1% y-o-y

Record Net Revenue: 1.546,8 million in 1HY12, +9,6% y-o-y

Recurrent EBITDA : record value of R$446,1 million, +13,1% y-o-y

Recurrent Net Income: R$184,6 million year to date (+9,9% y-o-y) and R$98,4 million

in the quarter (+14,1% q-o-q)

3

OPERATING HIGHLIGHTS: BUILDING MATERIALS INDUSTRY

Source: Associação Brasileira da Indústria de Materiais de Construção

ABRAMAT INDEX: Monthly indicator of sales performance, in R$, of the Building Materials Industry; performance in relation to the

same period of the previous year

ABRAMAT INDEX – INTERNAL MARKET Achieved and Projected for 2012

1S12 2005 2012e

6.259 6.780 6.729 6.024 6.225

11.996 12.249

2Q11 3Q11 4Q11 1Q12 2Q12 1S11 1S12

4

OPERATING HIGHLIGHTS

SHIPMENT (in ’000 items)

+2,1%

+3,3%

Highlights

• 1S12: volume record for the period

• Improvement in the price base:

• Volume in the semester increased by 2,1% and revenue +7,2%

• Favorable conditions for construction sector

=

2.102 2.186 2.548 2.633

2.431 2.885 2.985

1.443 1.579

760 792 787

2005 2006 2007 2008 2009 2010 2011 1S2011 1S2012 2Q11 1Q12 2Q12

1.413

1.861 2.037 2.263 2.352

2.962 3.065

1.455 1.636

796 738 889

2005 2006 2007 2008 2009 2010 2011 1S2011 1S2012 2Q11 1Q12 2Q12

5

OPERATING HIGHLIGHTS: WOOD PANEL CONSUMPTION IN BRAZIL

ANNUAL CAPACITY (in ´000 m³)* NOMINAL EFFECTIVE* AVAILABLE*

MDF 4.800 4.080 3.660

MDP 4.470 3.800 3.420

Total 9.270 7.880 7.080

MDF MARKET – MEDIUM DENSITY FIBERBOARD (in ’000 m³)

CAGR: 13,8% (3,3 x PIB)

MDP MARKET – MEDIUM DENSITY PARTICLEBOARD (in ’000 m³)

CAGR: 6,0% (1,5 x PIB)

SOURCE: ABIPA in ’000 m³

+12,4%

+20,5%

+11,6%

+9,4%

=

+3,6%

*Duratex estimate: Effective annual capacity of the industry based on the lines already installed and minor investments still required Available: Without minor investments mentioned above

6

OPERATING HIGHLIGHTS

SHIPMENT (in ’000 m³)

582,1 611,7 555,7 604,1 626,1

1.101,5

1.230,2

2Q11 3Q11 4Q11 1Q12 2Q12 1S11 1S12

+11,7%

+3,6%

Highlights

• Shipped volume record in the 2Q12 and six months period

• Better price base

• Improvement of performance of the furniture industry compared to 2011:

• extended number of installments in the furniture retail (up to 24x)

• Government incentives for furniture industry (IPI reduced to zero and 1% tax on

revenue instead of 20% on payroll)

+7,6%

Domestic Market

96%

Foreign

Market

4% SANITARY

WARE 17,8%

METAL FITTINGS

17,3%

MDP 22,5%

MDF/ LAMINATED FLOORING

33,9%

HARDBOARD 8,0%

COMPONENTS 0,5%

7

CONSOLIDATED NET REVENUE

NET REVENUE (R$ million) and GROSS MARGIN (%)

GEOGRAPHICAL DISTRIBUTION OF SALES

2Q 2012 (%)

Deca: 35,1%

Wood: 64,9%

NET REVENUE BY PRODUCT

2Q 2012 (%)

751,2 789,8 769,5 737,8 809,1

1.411,0 1.546,8

2Q11 3Q11 4Q11 1Q12 2Q12 1S11 1S12

+9,6%

+9,7%

33,8% 35,0% 33,3% 34,5% 34,2% 33,9% 34,3%

+7,7%

211,9 216,3 188,8 208,8 237,3

394,4 446,1

2Q11 3Q11 4Q11 1Q12 2Q12 1S11 1S12

8

FINANCIAL HIGHLIGHTS RECURRENT EBITDA (R$ million) and RECURRENT EBITDA MARGIN (%)

RECURRENT NET INCOME (R$ million) EQUITY (R$ million) and RECURRENT ROE (%)

91,1 102,3

79,4 86,2 98,4

168,0 184,6

2Q11 3Q11 4Q11 1Q12 2Q12 1S11 1S12

3.562,3

3.638,0 3.692,8

3.781,8 3.816,8

3.562,3

3.816,8

2Q11 3Q11 4Q11 1Q12 2Q12 1S11 1S12

+13,1%

+9,9% +7,1%

+13,6%

+14,1%

28,2% 27,4% 24,5% 28,3% 29,3% 28,0% 28,8%

10,3% 11,4% 8,7% 9,2% 10,4% 9,6% 9,8%

+7,1%

+12%

+8%

RAW MATERIALS AND

OTHER INPUTS 31%

LABOR 12%

DEPRECIATION AND

AMORTIZATION 9%

ELECTRICITY 10%

FUEL 3%

WOOD 20%

RESIN 15%

9

HIGHLIGHTS BY DIVISION

ANNUAL CAPACITY (in ´000 m³) NOMINAL EFFECTIVE* AVAILABLE**

MDF 1.800 1.530 1.400

MDP 1.900 1.620 1.350

Hardboard 210 195 195

Total 3.910 3.345 2.945

NET REVENUE (R$ million) and

GROSS MARGIN (%)

RECURRENT EBITDA (R$ million) and

EBITDA MARGIN (%)

INSTALLED CAPACITY & OCCUPANCY RATE

1S12 (over available capacity) COST STRUCTURE 2Q12

480,7 502,1 479,5 467,6 525,4

894,4 993,1

2Q11 3Q11 4Q11 1Q12 2Q12 1S11 1S12

145,8 147,3 126,9 137,0

174,1

256,1 311,0

2Q11 3Q11 4Q11 1Q12 2Q12 1S11 1S12

+11,0% +21,5%

+12,4% +27,1%

31,3% 32,8% 31,8% 31,5% 32,6% 30,9% 32,0% 30,3% 29,3% 26,5% 29,3% 33,1% 28,6% 31,3%

97%

89%

83%

Hardb…

MDP

MDF

+9,3% +19,3%

Effective annual capacity of Duratex based on the lines already installed and

minor investments needed; **Without minor investments mentioned * Includes depletion incident in the wood cost

93%

90%

Metal Fittings

Sanitary Ware

10

HIGHLIGHTS BY DIVISION

ANNUAL CAPACITY (in ´ pieces) NOMINAL

SANITARY WARE 9.800

METAL FITTINGS 17.000

Total 26.800

NET REVENUE (R$ million) and

GROSS MARGIN (%)

RECURRENT EBITDA (R$ million) and

EBITDA MARGIN (%)

COST STRUCTURE 2Q12 INSTALLED CAPACITY & OCCUPANCY RATE

1S12 (by available)

66,0 69,0 61,9 71,9 63,2

138,3 135,1

2Q11 3Q11 4Q11 1Q12 2Q12 1S11 1S12

270,5 287,7 290,0 270,1 283,6

516,7 553,8

2Q11 3Q11 4Q11 1Q12 2Q12 1S11 1S12

+7,2% -2,3%

+5,0% -12,0%

38,2% 38,9% 35,9% 39,8% 37,2% 39,2% 38,5% 24,4% 24,0% 21,3% 26,6% 22,3% 26,8% 24,4%

RAW MATERIALS AND

OTHER INPUTS 28%

ELECTRICITY 4%

DEPRECIATION AND

AMORTIZATION 8%

FUEL 5%

LABOR 42%

METALS 13%

+4,9% -4,3%

Domestic Currency

95,2%

Foreign Currency

4,8%*

11

INDEBTEDNESS

CASH POSITION AND DEBT AMORTIZATION

SCHEDULE (R$ million) ORIGIN OF DEBT (%)

*Hedge for R$

R$´000 30/Jun/2012 31/March/2012 Var. 30/Jun/2011 Var.

Short Term Debt 789.495 593.469 196.026 531.969 257.526

Long Term Debt 1.271.539 1.369.237 (97.698) 1.397.867 (126.328)

Total Financial Debt 2.061.034 1.962.706 98.328 1.929.836 131.198

Cash 808.010 766.604 41.406 759.763 48.247

Net Debt 1.253.024 1.196.102 56.922 1.170.073 82.951

Net Debt / Equity (%) 32,8% 31,6% - 32,8% -

Net Debt / EBITDA (last 12 months)

1,43

1,38

1,31

1,43

1,31

808,0

422,7

540,4 481,9

254,2

361,9

Cash 2S/2012 2013 2014 2015 2016 and after

891,2

427 459,6 635,8

327,5

322,5

210

2008 2009 2010 2011 2012

14.400 15.600 15.800 15.800 17.000 18.200 18.200

3.800 6.200 7.200 7.200

9.800 12.200 12.560

780

2007 2008 2009 2010 2011 2012 2013

METAL FITTINGS SANITARY WARE

553 850 1.530 1.530 1.530

2.050 2.730 1.275

1.620 1.620 1.620 1.620

1.620

1.620

334

195

195 195 195

195

195 112

112 94

94

2007 2008 2009 2010 2011 2013 2015

MDF MDP HARDBOARD TABLEMAC MDF TABLEMAC MDP

12

CONSOLIDATED CAPEX (R$ MILLION)

860 e

1S12

EFFECTIVE CAPACITY (in ’000 m³)

2.162

2.665

3.345 3.345 3.345

+21,7%

+16,7%

NOMINAL CAPACITY (in ’000 items)

18.200

21.800 23.000 23.000

26.800

30.400

+13,4%

Tablemac and Mipel

31.540

+ 3,8%

4.071

4.751

+119,8% +73,3%

13

. MDF – ITAPETININGA

. MDP – TAQUARI

Achievement of 670 thousand m³ effective capacity

Área Industrial: 590 mil m2

Área construída: 48 mil m2

BP

MDP

FF

Resinas

Impregnadora

Acquisition of new coating lines and paper saturation machine (adding value to the sales mix)

520 thousand m³/year effective capacity

600.000 m3/year nominal capacity

Start-up: end of 1S13

New coating BP line (better mix)

ONGOING INVESTMENTS

in US$ million

Enterprise Value (20/07/12) 188 3.641

Net Revenue 1S12 33,8 765,3

EBITDA 1S12 8,5 220,7

Net Income 1S12 2,0 91,4

Nominal Capacity (in ‘000 m³/year)

MDP 110 1.900

MDF 132 1.800

Hardboard 0 210

Components and furniture 10 12

Laminated Floor (‘000 m²) 0 12.000

Timberland (‘000 ha) 8 230

14

• Private company, with shares listed on the Colombian Stock

Exchange

• Segments: wood panels, doors, and furniture

• Headquartered in Medellin, has 4 plants.

• Market share of 36% in Colombia, approximately, in MDP

• Pioneer in MDF production in Colombia (2012). The current

suppliers are from Chile and Ecuador, mainly

APPROVAL OF THE UNDERWRITING AGREMENT TO ACQUIRE 25% SHARES OF

New MDF plant:

ABOUT TABLEMAC:

ONGOING INVESTMENTS

15

ONGOING INVESTMENTS

. SANITARY WARE

QUEIMADOS

+2,4 million pieces/year

. METAL FITTINGS

JUNDIAÍ: + 1,2 million pieces/year

16

. ACQUISITION OF LUPATECH S.A. INDUSTRIAL VALVE UNIT (METALÚRGICA IPÊ - MIPEL)

LOCATED IN JACAREÍ/SP

Metalurgica Ipê –Mipel is a unit specialized in manufacturing industrial valves made of bronze

Capacity: 780 thousand pieces / year (1 shift)

Investment: R$45 million

.Retention valve .Retention valve .Drawer valve .Records

. Globe valve

For construction use:

Industrial use:

. Globe valve

ONGOING INVESTMENTS

17

The information contained herein was prepared by Duratex S.A. and does not

constitute an offering material, to subscribe for or purchase any of the Company’s

securities. This material also brings general information about Duratex S.A. and its

markets. No representation or warranty, express or implied, is made concerning, and

no reliance should be placed on, the accuracy, fairness or completeness of the

information presented herein.

The Company can give no assurance that expectations disclosed in this

presentation will be confirmed.

July, 2012

DISCLAIMER