Bernardo Gradin Carlos Fadigas

CEO CFO

Forward-looking Statements

This release contains forward-looking statements relating to the prospects of the

business, estimates for operating and financial results, and those related to growth

prospects of Braskem. These are merely projections and, as such, are based

exclusively on the expectations of Braskem’s management concerning the future of

the business and its continued access to capital to fund the Company’s business plan.

Such forward-looking statements depend, substantially, on changes in market

conditions, government regulations, competitive pressures, the performance of the

Brazilian economy and the industry, among other factors and risks disclosed in

Braskem filed disclosure documents and are, therefore, subject to change without prior

2

Braskem filed disclosure documents and are, therefore, subject to change without prior

notice.

The securities offered have not been and will not be registered under the Securities

Act and may not be offered or sold in the United States absent registration or an

applicable exemption from registration requirements. The securities offered will not be

registered in any other jurisdiction.

This release does not constitute an offer to sell, or the solicitation of an offer to buy or

subscribe for not shall there be any sale of or subscription for these securities in any

state or jurisdiction in which such offer, solicitation, sale or subscription would be

unlawful prior to registration or qualification under the securities laws of any such state

or jurisdiction

Strategic drivers

� Creation of a world scale player

� Diversification of feedstock supply

� Scale increase and geographic complementarities

� Strengthening of the production chain – petrochemicals and plastics

� Balanced capital structure

3

� Value creation for all shareholders

Consolidation of Odebrecht and Petrobras shares in their activities in the

petrochemical sector, strengthening Braskem and the Brazilian production

chain to compete in the international market and ensuring the basis for

global growth, consolidating the leadership in the Americas

Leader in the Americas, rank

among the 5 largest

Vision 2020 Braskem

Strategic direction

among the 5 largest

petrochemical companies

worldwide

4Source: Braskem

Transaction Stages

1. Creation of BRK Investimentos Petroquímicos SA (BRK) holding Braskem’s common shares from Odebrecht (ODB) and Petroquisa (PTB), followed by a capital increase of R$ 3,5 billion, R$ 1 billion from ODB and R$ 2.5 billion from PTB

BRK

ODB PTB

66,8% 33,2%

BRK

ODB PTB

53.8% 46.2%

AportesODB/PTB

5

2. Braskem capital increase through Private Offer between R$ 4.5 billion and R$ 5 billion, with a minimum subscription of R$ 3.5 billion assured by BRK. The Offer share price will be R$ 14.40 per share

3. Braskem acquires Unipar 60% stake of Quattor Participações for R$ 647.3 million in addition to suceed Unipar in a liability with BNDESPAR

Transaction Stages

4. Braskem merges Quattor shares, consolidating Petrobras/Petroquisa 40% interest in Braskem:

QuattorParticipações

100%

94,11% 65,98% 99,3%

Braskem

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5. Braskem acquires 33.3% of Polibutenos and 100% of Unipar Comercial for R$ 52.7 million

These steps of the transaction are expected to be concluded in 120 days

QQuímica RioPol QPetroquímica

94,11% 65,98% 99,3%

9,02%5,89%25,00% RioPol

permanecem com

BNDESPar

Assets to be acquired

50.0% 33.3% 100.0%

Participações

60.0%

Direct Subsidiaries

40.0%

7

�25.00% of RioPol

remains with

BNDESParSource: Quattor

9.02%

99.30%

Divisão Qu

65.98%

Petroquímica

94.11%

ímica

5.89%

Química

Braskem post transaction

Key Financials (2009 LTM* ProForma):

Gross Revenue R$ 25.8 billion

Net Revenue R$ 19.4 billion

EBITDA R$ 2.9 billion

Total Assets R$ 33.5 billion

Resins capacity (kton/y)

510

5,510

*LTM: oct/08 to sep/09

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Profile:

Source: Braskem / Company estimates

26 petrochemical plants with 1st and 2nd

generations integration: States of BA, RS, AL, SP, RJ

Listed in 3 stock exchanges: BM&FBovespa, NYSE and Latibex

3,035

1,965 PVC

PP

PE

*LTM: oct/08 to sep/09

Quattor acquisition places Braskem as #1 resins producer in the Americas...

Production capacity of resins in the Americas, kton/y2009 basis

4th

1st

1,965

1,230 627

510

5,510

4,827

3,595

4,256

3,082

5,307

Source: Braskem / CMAI / Barclays / Parpinelli Tecnon 9

Braskem post

transaction

Exxon Mobil

Dow Lyondell Basell

Braskem Formosa Shintech Chevron Philips

Quattor

3,035

4,077 4,200

2,525 1,995

1,050

2,311

1,040

1,731

1,090

822 875

510

1,210

2,340

PVC

PP

PE

3,082

2,340 2,311

1,915

10,914

9,3118,668

7,749 7,284 7,1096,541

4,681 4,564 4,303 4,0793,595

1,915

... and in the global ranking, one of the Top 10 in resins

Production capacity of resins (PE, PP, PVC) worldwide, kton/y

12th

19th

2009 basis

Lyondell

Basell

Exxon

Mobil

SINOPEC Dow Formosa SABIC Ineos Total IPIC Reliance PetroChina Braskem Quattor

Lyondell

Basell

Exxon

Mobil

SINOPEC Dow Formosa SABIC Ineos Braskem

post

transaction

10,914

9,3118,668

7,749 7,284 7,1096,541

5,510

8th Braskempost

transaction

Source: Braskem / CMAI / Barclays / Parpinelli Tecnon 10

ProFormaSep 09

Estimated Capital Increase R$4.5bi -

Acquisitions

Estimated Capital Increase R$5bi -Acquisitions

Availabilities 4,274 8,774 9,274

Capital structure post transaction

� High liquidity, with availability around R$9 billion

� Capital structure with leverage (net debt/EBITDA) around 3x

� Opportunity to extend maturities and reduce the cost of debt through renegotiation

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Gross Debt 17,470 17,470 17,470

Net Debt 13,197 8,697 8,197

Net Debt / EBITDA 4.55x 3.00x 2.83x

Shareholders’ equity

7,270 11,770 12,270

Partnership in new projects

All corporate

and contractual

instruments

� 700 kton/y PTA

� 450 kton/y PET

� 240 kton/y textiles polymers

� Suape: integration of the

petrochemical Complex

businesses into the Company

assets

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instruments

shall be signed

within 120

days.

� 860 kton/y PE

� 850 kton/y PP

� 500 kton/y PTA

� 600 kton/y PET

� 700 kton/y PTX

� 608 kton/y Benzene

� 157 kton/y Butadiene

� Comperj: production and

marketing of resins and basic

petrochemicals

� Maintaining financial solidity

Next steps

� Implementation of the Transaction

� Braskem’s Capital increase

� Acquisition of Unipar stake in Quattor

� Merging of Quattor Participações interest

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Financial strength and respect for minority Financial strength and respect for minority shareholdersshareholders

Opportunities for internationalizationOpportunities for internationalization

� Acquisition of 33% Polibutenos and 100% Unipar Comercial

� Analysis of the Transaction by CADE

Bernardo Gradin Carlos Fadigas

CEO CFO