BRASIL ECODIESEL S.A.

NBome

3Q10 RESULTS

BRASIL ECODIESEL S.A.Investors Relations

BRASIL ECODIESEL S.A. | Results – 2Q10 Highlights

Net Revenue of R$94.2 million in 3Q10

Net Loss of R$5.2 million with negative EBITDA of R$0.3 million

Adjusted Net Loss(*) of R$2.4 million and Adjusted EBITDA(*) of R$2.5 million in 3Q10

EBITDA Margin of -0.3% and Adjusted EBITDA Margin(*) of 2.67% in 3Q10

Reduction in indebtedness from R$65.0 million (2Q10) to R$60.2 million (3Q10)

Increase of 21.5% in net cash, from R$65.8 million (2Q10) to R$80.0 million (3Q10)

41,728 m³ of biodiesel sold

Market maker hired

(*) Excludes non-recurring expenses of R$2.8 million, corresponding the provision for inventory losses.

BRASIL ECODIESEL S.A. | Results– 2Q10 ResultsNote: Adjusted data excludes the following amounts:

•2Q10: Ecludes non-recurring revenue of R$1.1 million, due to the transfer of the Company’s headquarters to São Paulo.

•3Q10: Excludes non-recurring expense of R$ 2.8 million, corresponding to the provision for inventory loss.

Note: Adjusted data excludes the following amounts:2Q10: Excludes non-recurring revenue of R$1.1 million, due to the transfer of the Company’s headquarters to São Paulo.3Q10: Excludes non-recurring expense of R$ 2.8 million, corresponding to the provision for inventory loss.

BRASIL ECODIESEL S.A. | Revenue and Fullfilment of Contracts with Petrobrás

BRASIL ECODIESEL S.A. | Results – Revenue, Costs and Financial Results

a) Excludes non-recurring revenue of R$10.8 million from accumulated ICMS tax benefits, pursuant to CP07.

BRASIL ECODIESEL S.A. | Results – Operating Expenses

Note: In Commercial Expenses were excluded expenses of Freightand Sales , in na amount of R$1.9 million

BRASIL ECODIESEL S.A. | Results – Debt position

BRASIL ECODIESEL S.A. | Results – Net Loss

a) Excludes non-recurring revenue of R$1.1 million, due to the transfer of the Company’s headquarters to São Paulo.b) Excludes non-recurring expense of R$ 2.8 million corresponding to the provision for inventory loss.

BRASIL ECODIESEL S.A. | Results – EBITDA

a) Excludes non-recurring revenue of R$1.1 million, due to the transfer of the Company’s headquarters to São Paulo.b) Excludes non-recurring expense of R$ 2.8 million corresponding to the provision for inventory loss.

BRASIL ECODIESEL S.A. | Results – Prices and Financial Volume Evolution

Price EvolutionIbovespa x Ecod3

(100 basis in Jan/09)

Financial Volume Ecod3

(in million reais)

12 M Average – R$40million

BRASIL ECODIESEL S.A. | Results – Market Cap and Shareholding Structure

Number of Shares:

725,248,727

Shareholding Structure (%)(09/30/2010)

Market Cap:(09/30/2010)

R$ 703,491,265.19

Number of shareholders: 21,317

BRASIL ECODIESEL S.A.

P R E S E N T

• IBOVESPA

• IBRX50

• IBX

• IGCX

• ITAG

• SMLL

• IVBX2

• ETF – BlackRock (New York)

P E R S P E C T I V E S

• Carbon Efficient Index

| The Company – Index and ETF

Participation in the main index/ETF:

BRASIL ECODIESEL S.A.

NBomeTel: 55 11 3137-3114

ri@brasilecodiesel.com.br

www.brasilecodiesel.com.br

Investors Relations

BRASIL ECODIESEL S.A.