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Rossi Residencial SA : 2Q12 Preliminary Operating Results

07/11/2012| 08:05pm US/Eastern
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2Q12 and 1H12 | Preliminary Operating Results

? Launches totaled R$ 1.3 billion (Rossi's share) in 2012 and R$ 751 million in the quarter;

? Contracted Sales reached R$ 1.3 billion (Rossi's share) in 2012 and R$ 682 million in the quarter;

? Sales Speed (SoS) of 18%.

Sćo Paulo, July 11, 2012 - - Rossi (BM&FBovespa: RSID3; OTC: RSRZY), one of Brazil's leading residential real estate developers, announces preliminary data for launches and contracted sales in the second quarter and first half of 2012.

Highlights

? Launches of R$ 751 million (Rossi's Share), up 46% from 1Q12;

? Contracted Sales¹ of R$ 682 million (Rossi's Share), a 7% increase from 1Q12.

? Sales speed (SoS) registered 18%.

¹ Sales net of cancellations

Launches 2012 - R$ million

1,265

Contracted Sales 2012- R$ million

1,321

514

46%

751

7%

639 682 1Q12 2Q12 1H12 1Q12 2Q12 1H12

SoS - % Rossi (R$ million) 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12

Initial inventory 1,770 1,630 1,603 1,959 2,101 2,006 2,052 2,180 2,364 2,319 2,732 2,823 3,128 3,003

Launches 143 377 873 763 571 757 930 1,090 723 1,309 1,008 1,219 514 751

Init ial invent ory + Launches 1,913 2,007 2,476 2,722 2,672 2,763 2,982 3,270 3,087 3,627 3,740 4,042 3,642 3,754

Sales 283 404 517 621 666 711 802 906 768 896 917 914 639 682

SoS (%) 15% 20% 21% 23% 25% 26% 27% 28% 25% 25% 25% 23% 18% 18% Final invent ory 1,630 1,603 1,959 2,101 2,006 2,052 2,180 2,364 2,319 2,731 2,823 3,128 3,003 3,072

About Rossi

Rossi is one of Brazil“s leading real estate developers and builders with more than 30 years of experience. The Company has operations nationwide in various market and income segments and its portfolio boasts innumerous sales successes for residential and commercial projects. Rossi is traded on the Novo Mercado segment of the Sćo Paulo Stock Exchange (BM&FBovespa) under the ticker RSID3 and on the U.S. over-the-counter market under the ticker RSRZY.
For more information please go to www.rossiresidencial.com.br/ri .

Investor Relations Team

Phone: +55 (11) 4058-2685 | ri@rossiresidencial.com.br

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