Highlights of 1st half of 2013:

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2 Highlights of 1st half of 2013: Volume : Deca: +13.6% to 13,919 thousand pieces Wood: +2.5% to 1,260.5 thousand m³ Net Revenue of R$ 1,845.9 million, with annual expansion of 19.3% Deca: +21.2% Wood: +18.3% Recurrent Adjusted EBITDA reaches R$ million with margin of 31.4% Deca: R$ million, increase of 12.9% Wood: R$ million, annual increase of 37.5% Recurrent ROE of 13.1% 2

3 Consolidated Net Revenue 2Q13 1Q13 Var.% 2Q 12 Var.% 1HY13 1HY12 Var. % NET REVENUE , , , Wood , , Deca , GROSS MARGIN 36.5% 39.2% % % 34.3% - NET REVENUE DOMESTIC MARKET / FOREIGN MARKET (in % - 2Q13) Foreign Market 5% Domestic Market 95% 3

4 Financial Highlights EBITDA reconciliation R$ 000 2Q13 1Q13 Var.% 2Q12 Var.% 1HY13 1HY12 Var.% NET INCOME 130, , , , , Income Tax and Social Contribution 35,442 48, , ,186 42, Net Financial Result 25,219 24, , ,081 58, EBIT 191, , , , , EBITDA according to CVM527/12 337, , , , , EBITDA Margin CVM527/ % 39.8% % % 33.4% - Non-cash adjustments Change in Fair Value of Biological Assets (33,663) (43,240) (36,413) -7.6 (76,903) (69,336) 10.9 Employees Benefits (1,445) (2,649) (722) (4,094) (979) Others (931) Extraordinary Events (¹) 0 (22,005) 0 (22,005) 0 Recurrent Adjusted EBITDA 301, , , , , Recurrent Adjusted EBITDA margin 30.9% 32.1% % % 28.8% - (¹) Extraordinary Events: 1Q13 (+) R$42,318 thousand, related to the reversion of surplus arising from the defined benefit plan, closed Itaúsa Foundation, (-) R$ in provisions linked to the disabling of Deca Piazza and (-) R$2,279 thousand referring to other settings 4

5 Financial Highlights Net Income R$ million 2Q13 1Q13 Var.% 2Q12 Var.% 1HY13 1HY12 Var. % Net Income Recurrent Net Income Recurrent ROE 12.5% 13.7% % 9.8% - (¹) ROE in 1H13 without investments in progress : 14.1 %; (²) 2Q13: 13.6% Recurrent ROE (%) 10.4% 13.7% 12.5% +10.1% Equity (R$ million) 4,160 4,203 3, T 2Q T Q13 2T Q13

6 Operating Highlights: Wood panels demand in Brazil 1, % 3,528 2,972 3,065 1,861 2,037 2,263 2,352 CAGR: 14% (4.3 x PIB) MDF Market (in 000 m³) +11.1% 1,639 1, % +11,4% ⁰ 1HY12 Sem 2012 MDP Market (in 000 m³) 1⁰ 1HY13 Sem T 2Q T 1Q T 2Q ,102 2, % 2,548 2,633 2,885 2,985 3,175 2,431 CAGR: 6.1% (1.9 x PIB) +1.0% 1,579 1, % +8.8% ⁰ 1HY12 Sem 1⁰ 1HY13 Sem 2T 2Q T 1Q T 2Q Source: ABIPA ANNUAL CAPACITY (in 000 m³)* NOMINAL EFFECTIVE* AVAIABLE* MDF 5,541 4,710 4,420 MDP 4,741 4,030 3,740 Total 10,282 8,740 8,160 6 *Duratex Estimates: Avaiable annual capacity of industry based on the lines already installed and minor investments needed Effective without such minor investments mentioned

7 Wood Shipments Shipment Volume (in 000 m³, MDP, MDF, Hardboard) +2.5% 1.230, ,5 +3.4% +5.5% 626,1 613,3 647,2 1⁰ Sem 1HY ⁰ Sem 1HY T Q12 1T Q13 2T Q13 INSTALLED CAPACITY & OCCUPANCY RATE 2Q 2013 ANNUAL CAPACITY (in 000 m³) NOMINAL EFFECTIVE AVAIABLE 7 Occupancy Rate/ Avaiable(%) MDF 1,800 1,600 1,470 82% MDP 1,900 1,670 1,400 83% Hardboard % Total 3,910 3,465 3,065 -

8 Financial Highlights: Wood NET REVENUE (R$ million) and GROSS MARGINS (%) 32.0% 37.4% +18.3% 1, % 39.4% 35.7% +18.1% +12.0% ⁰ Sem 1HY ⁰ Sem 1HY T Q12 1T Q13 2T Q13 RECURRENT ADJUSTED EBITDA (R$ million) and RECURRENT ADJUSTED EBITDA MARGIN (%) 31.3% 36.4% 33.1% 36.9% 36.0% +37.5% % % ⁰ Sem 1HY ⁰ Sem 1HY T Q12 1T Q13 2T Q13

9 Operating Highlights: Building M aterials Industry ABRAMAT INDEX INTERNAL MARKET Achieved and Projected for 2013 May13/12 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 9

10 DECA Shipment SHIPMENT (in 000 items) 12, % 13, % +12.4% 6,225 6,553 7,366 INSTALLED CAPACITY & OCCUPANCY RATE 2Q ⁰ Sem 1HY ⁰ Sem 1HY T 2Q T Q13 2T Q13 Volume growth without Mipel and Thermosystem: 1HY13/ 1HY12: +3.0% 2Q13/ 2Q12: +5.1% (in 000 pieces) ANNUAL NOMINAL CAPACITY OCCUPANCY RATE (%) SANITARY WARE 12,250(¹) 72% METAL FITTINGS 24,600(²) 92% (¹) Includes new Queimados plant in ramp-up process (²) Includes Mipel and Thermosystem Total 36,850

11 Financial Highlights: DECA NET REVENUE (R$ million) and GROSS MARGINS(%) 38.5% 38.4% 37.2% 38.9% 38.0% % % % ⁰ Sem 1HY ⁰ Sem 1HY T Q12 1T Q13 2T 2Q RECURRENT ADJUSTED EBITDA (R$ million) and RECURRENT ADJUSTED EBITDA MARGIN (%) 24.4% 22.7% 22.3% 23.7% 21.9% % % +4.2% ⁰ Sem 1HY ⁰ Sem 1HY T Q12 1T Q13 2T Q13

12 Indebtedness R$ /30/ /31/2013 Var R$ 06/30/2012 Var R$ Short Term Debt 641, ,284 (91,100) 789,495 (148,311) Long Term Debt 1,674,777 1,630,408 44,369 1,271, ,238 Total Debt 2,315,961 2,362,692 (46,731) 2,061, ,927 Cash and equivalents 835, ,093 (21,661) 808,010 27,422 Net Debt 1,480,529 1,505,599 (25,070) 1,253, ,505 Net Debt/ Equity (in %) 35.2% 36.2% % - Net Debt/ EBITDA (last 12 months) AMORTIZATION SCHEDULE (R$ million) ORIGIN OF DEBT (%) Domestic Currency: 80.9% Foreign Currency: 19.1%* *(100% swap to R$) Caixa Cash e and beyond após 12

13 Consolidated CAPEX ( R$ million) Expectation 2013: R$ ⁰ Sem 1HY QUEIMADOS (RJ) SANITARY WARE +2.4 million items/year ITAPETININGA (SP) NEW MDF PLANT Effective capacity: 520,000 m 3 /year TAQUARI (RS): Debottlenecking of MDP capacity, which will add 230,000 m³ annual capacity from August 2013 on. 13

14 Capacities WOOD Effective Capacity (in 000 m³) % MDF ,530 1,530 1,530 1,600 2,252 2, % MDP 1,275 1,620 1,620 1,620 1,620 1,670 1,780 1,780 Hardboard New MDF or MDP plant 680 DECA Nominal Capacity (in 000 pieces) % +35.2% Metal Fittings 14,400 15,600 15,800 15,800 17,000 18,200 24,600* +25.0% Sanitary Ware 3,800 6,200 7,200 7,200 9,800 9,800 12,250 (*) Includes thousand items of Thermosystem (electronic showers and solar heaters) and thousand items of valves Mipel. 14

15 DISCLAIMER 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,

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