Localiza Figures

September 2008
History

70’s
Founded in 1973 with a fleet of 6 second-hand VW Beetles; Starts geographic expansion.

80’s
Intensive geographic expansion.
In 1981, already the largest rental company in Brazil in number of locations.
In 1983, start its franchising activities in Brazil.

90’s
Starts selling pre-owned vehicles to the end consumer.
Expands franchising operations to other countries in Latin America In 1997, DLJ Private Equity acquires 33.3% of the company.
Still in 1977, issues US$ 100 million in Senior Notes.
Creates a company specialized in fleet rental and management.


00’s
Consolidates its platform and business model.
Achieves over R$ 600,000 in sales and over R$ 200,000 in EBITDA.
Public offer of R$ 350 million in Debentures.
Initial public offer at Bovespa/New Market or 23.026.325 stocks, at R$ 11.50 ea., generating R$264.802.737,50 in revenues.
Primary and secondary public offer of stocks in April, 2006, generating R$ 342,642,863.00 in revenues.
First Debentures Issuance Program (R$ 200 million)

Locations
Data from 09/30/08

Total number of locations: 407 in 9 countries
Locations in Brazil: 331
Corporate locations operated by Localiza: 194
Franchises: 137
Locations in Brazilian Airports: 82
Downtown locations in Brazil: 249
Locations abroad (only franchises): 76
Cities: 281 (Brazil and abroad)

Fleet
Data from 09/30/08

Fleet investiment until 09.30.08: R$1238.3 million
Number of cars purchased until 09.30.08: 41,449
Corporate Fleet in Brazil: 44,215
Franchised Fleet in Brazil: 6,996
Franchised Fleet abroad: 2,352
Total Fleet: 22,481 + 186 Fleet Managed = 22,667
Total Fleet: 76,044

Localiza Rent a Car

Largest rental company in Latin America with 194 corporative locations.
Segments: Individuals, Corporate, Travel Industry, Replacement, Mini Lease.

Largest fleet of Brazil: 44,215 car

Total Fleet
Largest fleet management company in Brazil, with fleet of 22,667 cars being 186 managed

Localiza Franchising
Present in nine countries: Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru and Uruguay. 
213 franchised locations, with fleet of 9,348 cars

Balance 09/30/08
Data in USGAAP
Data from 09/30/08

28.3% growth from net revenue – reaching R$ 1,433.3 million
R$ 157.2 million of net profit until 09.30.08 (17,1% higher than same period of 2007)
R$ 378.3 million in EBITDA (31.2% higher than same period of 2007)
43.9% growth in the average rented fleet of the car rental business
22.2% growth in the average rented fleet of the fleet rental business
Included in the MSCI Brazil Indexv(September/08)

Elected the 35th Most Valuable Brand between the 165 public held companies studied, by Revista Isto É Dinheiro

Localiza Stocks
(RENT3) New Market
Data from 09/30/08

Social Responsibility

Safe Traffic Localiza : a program that has run in over 20 capitals in Brazil; it involves educational campaigns and a series of other initiative aimed at preventing accidents and fight traffic violence, thus contributing to an increase in the no-accident statistics.

Green Light to Culture: a cultural project that has been supporting cultural institutions and events over more than 20 years countrywide in Brazil.

Green Seed: Supports social institutions through voluntary work and donations to the Social Fund for the Child and Adolescent.

Junior Achievement: Educational project that creates opportunities for the integration of the business world and the community through schools. Localiza is one of the sponsors and its president in Minas Gerais state is Eugenio Mattar. In addition to financial support, thirteen volunteers from Localiza’s staff work with Junior Achievement.