January

OGX, MMX, LLX and PortX are included on the list of companies on the new Ibovespa theoretical portfolio, the Brazilian stock market’s main average price performance indicator. It portrays the behavior of the main securities traded on the BM&FBovespa and demonstrates the importance and good performance of publicly traded companies on the market.

OSX receives the first of two sister ships in the VLCC (Very Large Crude Oil Carrier) category. The vessels will be converted into two floating oil production, storage and offloading units, the FPSOs OSX-4 and OSX-5, expanding the company’s portfolio.

OGX receives its first wet Christmas tree for oil production, which permits production from subsea wells.

The startup of the Healthy Children, Healthy Future social project, a partnership between MPX and the NGO Inmed do Brasil, for monitoring child nutrition in the state of Ceará.

The EBX Group consolidates its presence overseas through the creation of EBX Internacional and the opening of an office in New York.

The Tauá Solar Power Plant (CE) takes possession of 4,680 photovoltaic panels, responsible for capturing solar light to be transformed into electric energy.

OGX rises four positions in the list published in January by the PFC Energy consulting firm, which ranks the 50 largest energy companies in the world by their market cap, 2010 basis. The Company, which went from 33rd to 29th place, was the only private company in Brazil on the list and the fifth largest in the world exclusively operating in the oil and gas exploration and production industry.

Eike Batista, president of the EBX Group, elected by Revista IstoÉ magazine as one of the 100 most influential persons in 2011, in the Bold category, because of his investments in Rio de Janeiro and the Group’s projects. The magazine highlights the personalities who are transforming society.

February

The anchor piles that comprise the FPSO OSX-1 mooring system arrive in Brazil.

OGX concludes the drilling of the OGX-26 horizontal well in the Waimea accumulation of the Campos Basin, an important stage leading up to oil production. The formation test confirms potential for up to 40,000 barrels per day.

MMX and LLX sign a contract with Usiminas for the operation, over 30 years, of the Pau de Vinho Mine owned by Mineração Usiminas. The contract also calls for the shipping of 39 million tons iron through the Sudeste Superport for five years, starting in 2012, contributing to the consolidation of MMX in the mining market.

The EBX Group signs a cooperation agreement with General Electric for the development of technologies in Brazil.

MPX launches a new, more dynamic and interactive Internet site.

OSX receives the second of two sister ships in the VLCC category.

MPX obtains an environmental license for the construction of the Castilla thermoelectric plant in Chile, expanding the presence of the EBX Group in the country.

For being one of the most re-tweeted on Twitter, Eike Batista earned a column insignia from the Migre.me site.

March

OSX obtains a Preliminary License for its Açu Naval Construction Unit (UCN Açu).

MPX expands its licensed energy generation portfolio, obtaining a Preliminary License for installation of a 3,330 MW natural gas plant at the Açu Superport.

Forbes, the U.S. magazine dedicated to economics, finance and business, discloses its list of fortunes for 2011. Businessman Eike Batista, president of the EBX Group, maintains the 8th position, with US$ 30 billion (US$ 3 billion more than the value estimated for 2010). According to the magazine, Batista is the richest Brazilian in the world.

Capitalization announced by MPX through BNDESPAR, Gávea Investimentos and controlling shareholder Eike Batista, in the amount of R$ 1.3 billion, strengthens the company’s projects in Maranhão and Colombia.

After conducting an 18-month exploration campaign, OGX reaches an important milestone, of 30 wells drilled in the Campos Basin.

Conclusion of the assembly of a disconnectable buoy and a swivel pedestal for the FPSO OSX-1.

The EBX Group resumes investing in gold through the acquisition of ownership control of Canadian mining company Ventana Gold, in which it already owned about 20% of its common stock. The exploitation of gold represented the origin of the activities of the Group, back in the 1980s.

In a final stage of being customized in Singapore, the FPSO OSX-1 receives the visit of oil industry and press professionals participating in the 3rd Annual Asia Pacific FPSO Summit 2011, one of the most important international events for this segment.

OGX signs concession contracts for five exploration blocks it acquired in the Open Round Colombia 2010, held in June 2010, in Cartagena (Colombia), marking the beginning of a new exploration cycle for the company.

LLX participates in the China International Petroleum & Petrochemical Technology and Equipment Exhibition, one of the largest oil industry fairs in China.

The Minas Mines and Metal and Museum celebrates its first anniversary. The EBX Group is responsible for the operation and maintenance of the Museum in partnership with the government of the state of Minas Gerais.

MPX obtains an Installation License for building a 230-KV transmission line from the Pecém II thermoelectric power plant. The document permits construction of the transmission line that will carry power produced by the plant to the substation at São Gonçalo do Amarante (CE).

OSX signs a contract with Hyundai Samho, a subsidiary of Hyundai Heavy Industries, with a letter of intention to acquire a 1,600-ton crane (which corresponds to the weight of 2,000 compact-size automobiles), known as Goliath. The equipment will be installed at the Açu Superport Industrial Complex and will make it possible to assemble large sections of ships or production units like FPSOs in a single operation.

Approval of the 150-km route of the MPX rail line in Colombia to speed up the startup date of the project. The railroad will connect the company’s mines to its port, located in the municipality of Dibulla, on the Atlantic coast of the country.

SRK certifies 1.5 billion tons of MMX’s iron ore resources in Minas Gerais and Corumbá.

April

The EBX Group announces the creation of a men’s volleyball team, RJX, and support for training young players and expansion of the Bernardinho Volleyball School in communities occupied by Police Pacification Units (UPPs) in the state of Rio.

Ten stakes arrive in Brazil to be used for the FPSO OSX-1’s anchoring system, attaching the vessel to the seabed.

MPX signs agreements for social and environmental actions in the La Guajira region of Colombia, the first ones for the local community.

OGX revises the potential of its portfolio, going from 6.8 billion to 10.8 billion barrels of potential resources.

Brix is founded, an electronic platform that serves as the base for the creation of an energy exchange in Brazil. The initiative is the result of a company that joins Eike Batista, the Intercontinental Exchange (ICE) of the U.S. and Brazilian businessmen Roberto Teixeira da Costa, Josué Gomes da Silva and Marcelo Parodi.

OSX increases its sales backlog from US$ 2.5 billion to about US$ 5 billion with an order from OGX for three new FPSO-type ship-based platforms. The new order strengthens the synergy between the companies.

DeGolyer&MacNaughton issue a report indicating that risk resources in seven onshore blocks controlled by OGX and MPX in the Parnaíba Basin total 11.3 trillion cubic feet (Tcf).

Eike Batista is elected Businessman of the Year 2011, winning the Group of Corporate Leaders’ Lide Prize.

May

OGX participates for the first time in the Offshore Technology Conference (OTC), the main world event for the oil and gas industry that is held annually in Houston (USA).

The Mines and Metal Museum in Belo Horizonte receives the visit of a group from the Herity Institute, an organization that fosters quality development of cultural heritage sites, based in Rome, Italy. The Museum will be the first in Latin America to receive the international certificate awarded by the institute.

MMX posts net income of R$ 63.8 million and EBITDA of R$ 39.7 million in the first quarter of the year. The earnings results, published in May, demonstrated that net income rose 184% compared to the first quarter of 2010.

MPX obtains an Installation License permitting the startup of the construction phase of the Santo Antonio dos Lopes (MA) thermoelectric project, with the capacity for initial generation of 1,863MW.

MPX receives the turbo-generator for the Pecém II (CE) thermoelectric plant. The equipment is considered the “heart of the plant” because it is through the device that the production of electric power is made possible.

Integrated Territory Management (ITM) is implemented in the north region of the state of Rio de Janeiro after a series of meetings with employees of the Açu Superport, professionals from outsourced companies and leaders of a number of different industries. ITM is a management model that involves government, companies, civil society organizations, educational institutions and regional leaders and promotes systemic balance for the regions in which the Group has operations. It takes into account the three pillars of sustainability — social, economic and environmental — plus a fourth dimension, cultural.

Cables for the FPSO OSX-1’s mooring system, which will connect the anchors and the dis-connectable buoy, are unloaded in Rio de Janeiro.

OGX and MPX declare the commercial feasibility of two discoveries in the Parnaíba Basin in Maranhão. The estimated production from the accumulations in the Gavião Azul and Gavião Real fields is 5.7 million m3 of gas as of 2013.

MPX connects the solar power plant at Tauá to the national electricity grid.

OGX’s project for Rio Oil & Gas 2010 wins gold in the Stand with Mezzanine category. The EBX Group’s Stand at the Mostra PUC Rio 2010 earns gold in the Small Stand category of the Estan Design Prize, a contest that stimulates the best practices in the creation of stands set up in Brazilian and international fairs.

MMX acquires the Sudeste Superport, which belonged to LLX. The acquisition of the project, under construction in the municipality of Itaguaí (RJ), is a decisive step in the consolidation of MMX as a company with integrated mine-to-port logistics.

OSX signs the definitive contract for the construction, supply and installation of the FPSO OSX-2.

MMX makes its first shipment to South Korean partner SK Networks. A total of 144,000 tons of iron ore was sent from the CSN Port in Itaguaí (RJ).

The Tauá Solar Power Plant (CE) is elected one of the 100 most important green initiatives in the economy over the past decade. The project was nominated for the Euro-Brazilian Sustainable Development Council (EUBRA) prize for its pioneering nature in developing large-scale solar photovoltaic technology in Brazil.

MMX issues MMXM11 shares, which begin trading on the BM&FBovespa.

OGX issues debt bonds overseas in the amount of US$ 2.563 billion. The funding obtained assures the resources necessary to carry out the company’s business plan.

The EBX Group participates in Rio Investors Day. The Group’s investments in Brazil and in Rio were the topic of a special panel discussion.

American magazine Fast Company names Eike Batista as one of the four most creative Brazilians in the world of business. The choice was due to his initiatives to transform the city of Rio de Janeiro into one of the most dynamic cities in the world.

June

MPX begins the capitalization process, for up to R$ 1.3 billion, with the participation of the BNDESPAR, Gávea Investimentos, the controlling shareholder of the company, Eike Batista, and minority shareholders. Funds are announced as being of priority importance for the development of the gas-fueled thermoelectric power plants in Maranhão and the integrated mining system in Colombia.

The National Petroleum Agency (ANP) authorizes LLX to build the Tanking and Oil Treatment Unit (UTP) at the Açu Superport. The authorization represents a milestone for the company, contributing to the consolidation of the superport as the largest industrial-port complex project in Latin America.

OSX receives the "Deal of the Year - 2010" prize, in the Project Finance category, from Marine Money International. The award, which is one of the most important in the industry, was for the company’s successful operation in obtaining funding for the purchase of the FPSO OSX-1.

Acquisition of the coal-fueled Seival thermoelectric plant was approved, along with an installation license for the generation of 600 MW of power in Rio Grande do Sul.

The Mines and Metal Museum in Belo Horizonte celebrates its first anniversary of being open to the public.

Eike’s Twitter account completes its first year on the air with more than 360,000 followers and 13,227 tweets.

OSX obtains an Installation License for the Açu Shipbuilding Construction Unit (UCN Açu). The document permits the startup of construction of the Açu Superporto’s Industrial Complex.

July

OSX signs an agreement with Firjan, through Senai of Rio de Janeiro, to train 7,800 people by 2013 for the Açu Shipbuilding Construction Unit (UCN Açu). The agreement is the first step to allow OSX to begin structuring the Naval Institute of Technology (ITN), which besides training people for an industry that is in full expansion will also stimulate research into new technologies.

Amapari Energia, a diesel-fueled thermoelectric power plant owned by MPX, celebrates its third anniversary in operation in Amapá. The project is a partnership with Eletronorte.

MMX signs a protocol of intentions with the government of the state of Minas Gerais, committing to investing R$ 4 billion in the state by 2014.

A Preliminary License is issued for additional capacity of 1,859 MW at the MPX Parnaíba Thermoelectric Power Plant Complex in Maranhão, where the company already has an Installation License to generate 1,863 MW through natural gas facilities.

MMX signs an agreement with the Federation of Industries of the State of Rio de Janeiro (Firjan) to plant more than 200,000 native tree seedlings on 106 hectares of environmentally protected areas (APAs) of the Guandu and Jacatirão-Guandu Rivers, both regions constituted of Atlantic Forest vegetation.

The RJX volleyball team is introduced in Rio de Janeiro at a press conference. Among the players are Marlon, Dante, Lucão and Théo

Itaú and West LB banks are contracted by MMX as financial advisors for structuring “project finance” funding for the expansion of the Serra Azul Unit.

OSX signs a contract to build the FPSO OSX-3. The unit will be delivered during the third quarter of 2013.

The Socio-Environmental Forum of the Muriqui Ecological Corridor marks the presentation of the largest Atlantic Forest conservation and recovery project. An initiative of the EBX Group in partnership with the BioAtlântica Institute (Ibio), Brasil Florestas, government and civil societies, the project will involve investments of R$ 2.3 million to set up the Corridor.

OGX ends the first half of the year of 2011 having drilled 55 wells and invested R$ 1.3 billion in its activities in Brazil.

RJX’s debut game is played against Cimed/Sky. The result was 3 sets to 2. The game attracted 8,000 fans to Maracanãzinho, in Rio.

MMX signs a preliminary agreement with Minerinvest Mineração that establishes the bases for negotiating contracts for the annual shipment of 5 million tons of iron ore through the Sudeste Superport. Minerinvest also will supply another 5 million tons of iron ore per year to MMX. After signed, the contract is valid for 10 years.

LLX is one of 28 companies winning prizes in the Brazilian Environmental Benchmarking 2011 contest, which recognizes companies with the best socio-environmental management practices in Brazil. The company participated in the award competition through two programs: Casa Legal (program to resettle 297 families from Vila do Engenho and Ponta de Mariquita, in Itaguaí-RJ); and Fishing Social Investment (in support of infrastructure projects and improvements in production at fishing communities in the Sepetiba Bay area). The two programs are related to the construction of the Sudeste Superport, which in May was acquired by MMX. The current owner of the Project is committed to maintaining the social and environmental programs initiated by LLX.

OSX announces its Action Plan for 2011 – 2015 for the construction of the UCN Açu and production of naval offshore units. UCN Açu’s activities are scheduled to start up in the first quarter of 2013.

August

MMX announces second quarter earnings results. Company reports net income of R$ 90.9 million, 43% higher than that those observed in the first quarter of 2011.

The Tauá Solar Plant (Ceará) is inaugurated and MPX announces its intention to increase the size of the venture to 2MW. It is the first solar powered plant in Brazil to be connected to the national electrical system.

National Electric Energy Agency (Aneel) approves the acquisition by MPX of the Bertin MC2 Joinvillle and MC2 João Neiva projects, that have permits authorizing the construction of natural gas powered thermoelectric plants with a capacity of 660 MW. The projects will be built as part of the Parnaíba power generation complex in Santo Antonio dos Lopes, Maranhão.

The FPSO OSX-1 leaves Singapore en route to Brazil.

MPX wins the A-3 energy auction with more than R$ 6.5 billion in contracts. This represents a 20-year contract for a combined cycle natural gas plant with 500 MW of installed capacity that will be built in the state of Maranhão.

The Sudeste Superport takes delivery of anchor bolts used to secure the foundations of ore car unloading stations.

The Minas Gerais State Council for Environmental Policy (Copam) issued a Preliminary License (LP) for the expansion of the MMX Serra Azul Unit. The license certifies the socio-environmental viability of the project.

LLX and FCA (Ferrovia Centro Atlantica) signed a memorandum of understanding for feasibility studies for the installation of a railroad line between the Açu Superport, under construction in Sao Joao da Barra, and the region of Ambaí in Nova Iguacú - both in the state of Rio de Janeiro. The studies, performed together, enable the creation of a technical, commercial and financial project for the construction of a rail link between the two municipalities operated by the FCA. The implementation of this corridor will allow the Açu Superport to be integrated into the national railroad network, allowing the transportation of products such as iron ore, steel products and coal, as well as other bulk solids and liquids.

EBX supports construction of the Hospital Pro Criança, for the treatment of child cardiac patients in Botafogo in Rio de Janeiro. The hospital, which received R$ 30 million from the Group, was named after Jutta Batista, the mother of the president of the EBX Group, Eike Batista.

Eike Batista is among the 1,000 top CEOs of the World, in the category of Visionary Entrepreneurs, named by IstoÉ Dinheiro magazine

September

OGX receives a Preliminary Permit and an Installation License for the Waimea Long-Duration Test (TLD) and Production Development in the Campos Basin (BM-C-41 block).

The Açu Superport is the theme of the first advertising campaign of the EBX Group. Launched by LLX, the campaign was published in major newspapers, and carried by radio stations, TV stations, cinemas and billboards in northern Rio de Janeiro state. The campaign presents the benefits that the Group is bringing to the region.

MPX and MMX sign an agreement for R$ 3.3 billion to guarantee the supply of energy from the Parnaíba (MA) Thermoelectric Complex for the Serra Azul Unit (MG). The agreement is to provide 200 MW average for a period of 15 years. The companies also signed a Letter of Commitment to adopt a self-production structure.

OGX and MPX acquire 50% ownership of a block in the onshore Parnaíba Basin (MA), and now hold eight exploration blocks with total area over 24,500 km2. The acquisition reflects the interest of the companies in expanding their activities in the region.

OSX signs a contract for the logistical operation of the FPSO OSX-1.

Report by SRK Consulting certifies 3.1 billion in mineral resources of MMX, a volume 106% greater than that released in March. Study areas include the Serra Azul and Bom Sucesso units in MG, and Corumbá, MS, and Pau de Vinho Mine, leased from Usiminas in Minas Gerais.

RJX wins its first title in the 1st Volta Redonda Volleyball Tournament.

MMX hires Australian company CNEC Worley Parsons for R$ 255 million to provide engineering, procurement and project management services for the Serra Azul Unit

The EBX Group launches the EBX Cine project in schools, for the benefit of some 4,600 pupils in municipal schools located around the Rodrigo de Freitas Lagoon, where the Group already supports the Clean Lagoon project for the environmental recovery of the body of water.

The company begins purchasing R$ 475 million in critical equipment for the Serra Azul Unit expansion project. The purchase includes rotating crushers and semi-autogenous and vertical ball grinders. The deadline for delivery of equipment is up to 18 months.

MMX submits the Environmental Impact Report (EIA/RIMA) study to the State Environmental Institute (INEA) of Rio de Janeiro for the capacity expansion of the Sudeste Superport from 50 million tons of iron ore to 100 million tons.

MMX concludes the drilling of the Sudeste Superport’s tunnel, a critical step in the implementation of the project.

Start of the MPX in the Community Program in Pecém, Ceará, to provide the population of São Gonçalo do Amarante information on the development and all phases of the operation of the coal-fired thermoelectric project that MPX is building in the region.

OGX is the new sponsor of Brazilian driver Bruno Senna, on the Lotus Renault Formula 1 team.

Eike Batista is the only Brazilian on the list of the world's most influential business persons disclosed by Bloomberg Markets magazine. The president of the EBX Group was listed in the Innovative Entrepreneurs category as one of ten businessmen in the ranking. He also appears among the 45 Men of the Year in Alpha Magazine, published by Editora Abril, in the Business category. The publication listed the 45 names that made a difference in 2011.

October

EBX Group participates through OSX, OGX and LLX at OTC Brasil 2011, the premier offshore technology fair in the world, held in Brazil for the first time. The Group’s stand is the largest at the fair, 300 m².

The president of the EBX Group, Eike Batista, is among the 50 most influential people in global finance, according to Bloomberg Markets Magazine. He is the only Brazilian on the list, which includes businessmen Carlos Slim and Steve Jobs.

The EBX Group creates SIX Soluções Inteligentes, the group's first investment in technology. The company begins its activities with the acquisition of control of AC Engineering.

OGX launches a hotsite hotsite about the production of its first oil.

The FPSO OSX-1 arrives in Rio de Janeiro. The trip from Singapore to Rio took 45 days.

OGX signs a contract with Shell for the sale of the first two shipments related to oil production in the Waimea accumulation in the Campos Basin.

Vila da Terra, a rural settlement for 90 families, is inaugurated by LLX. The initiative was created in partnership with the Industrial Development Company of Rio de Janeiro (CODIN) and the Municipality of São João da Barra.

MMX introduces its new president, business administrator Guillerme Escalhão. He succeeds Roger Downey, who headed the company for more than two years.

OGX opens a new virtual reality room, named Jutta Batista. Located at the company’s headquarters in Rio, it is equipped with cutting edge technology and is considered the largest and most modern to be serving the oil industry worldwide.

LLX signs a contract with the Danish company NKT Flexibles (NKTF), the third largest manufacturer of flexible pipe in the world, for the installation of the production unit that will support the offshore industry in the Açu Superport.

The First Job Incentive Program wins the Social Responsibility Award 2011, sponsored by the Centro de Integração Empresa-Escola (CIEE) for the EBX Group.

EBX and Orascom Construction Industries (OCI), one of the largest Egyptian conglomerates operating in the fertilizer and construction industries, announced plans to build a nitrogen fertilizer complex in the Açu Superport.

MPX announces donation of R$ 250,000 for a park alongside the Pediatric Cancer Center (CPC), a model for hospital care and early diagnosis of the disease, in Ceará.

The candidacy of the Muriqui spider monkey is launched as the official mascot for the 2016 Olympic Games. The initiative is part of campaign to preserve and protect the flora and fauna of the Atlantic Forest, promoted by a partnership of the EBX Group, the State Environmental Institute (INEA), the State Department of Environment and the Eco-Atlantic NGO.

The president of the EBX Group, Eike Batista, receives the award for "Most Admired Leader in Brazil," an event promoted by Carta Capital magazine. More than 1.000 business leaders were surveyed to choose the winners.

Start of the Visitors Program at the Tauá Solar Energy Plant, for neighboring communities, students, officials, investors and researchers.

LLX starts production of floating concrete blocks that will be used in the construction of the breakwater for the Açu Superport. Each piece will weigh more than 13 000 tons, and will be 66 meters long, 24 meters wide and 18 meters high. In total 47 pieces will be produced that will be used in the construction of the breakwater of the TX2, the onshore terminal under construction in the Açu Superport.

November

MMX posts record sales, totaling 2.1 million tons in the third quarter.

The EBX Group raises its social networking profile with the launch of Fan Page (facebook.com/grupoebx) and Twitter (twitter.com/grupoebx). The Brandchannel (youtube.com/grupoebx) is revised.

OGX began drilling its first well in the Espírito Santo Basin. The company has a 50% interest in five exploration blocks in the basin, and its Perenco partner holds the remaining 50% and is responsible for the operation.

MPX receives its first license deployment in Colombia authorizing the start of construction of the open pit Canaveral mine.

The Engineer Eliezer Batista Private Natural Heritage Reserve (RPPN), created and maintained by MMX since 2008, won the first prize RPPN trophy in the Private Sector category. The award recognizes the efforts of individuals, companies and organizations working on behalf of private reserves and the protection of Brazil's natural heritage.

For the second consecutive year, MPX wins the ECO Award, considered one of the most important in the field of sustainability. This time, the company was recognized for the first solar power generation project in operation in Brazil, the Tauá Solar Energy Plant (CE), in the Sustainability category in Products or Services. The American Chamber of Commerce in São Paulo (AmCham) and Valor Economico newspaper jointly make the award.

REX launches R3X Corporate Leblon, in partnership with Concal, a company specializing in upscale real estate development in Rio de Janeiro.

LLX signs a contract with Technip Brazil, a world leader in project management, engineering and construction in the energy industry. The agreement provides for installation of a flexible pipe production facility at the Açu Superport.

A contract signed between LLX and General Electric Energy do Brasil (GE) provides for the installation of a factory in the Açu Superport area which may, among other activities, contribute to meeting domestic content requirements.

The EBX Group and IBM plan to establish strategic partnership that will cover a variety of business initiatives to meet the demands of the infrastructure and natural resources sectors.

MPX receives an Installation License for added capacity of 1,859 MW to the Parnaíba Thermoelectric Complex (MA).

MMX begins the Cultivar Project for the recovery of the Atlantic Forest. About 600 children and teens from public schools in Queimados and Itaguaí (RJ), where the company is building the Sudeste Superport, planted seedlings native to the Atlantic Forest on the banks of the Guandu River in the municipality of Queimados (RJ).

The president of the EBX Group is elected Business Personality of the Year by the Brazilian Marketing and Business Association (ABMN).

December

An agreement between LLX and InterMoor for the construction of a unit in the Açu Superport to provide logistical support and specialized services to the oil and gas industry is signed.

Eike Batista, president of the EBX Group, publishes the book "The Heart of the Matter," with First Person Publishing company. The book, written by journalist Roberto D'Avila, tells the story of the enterprising entrepreneur.

Rollout of the new EBX Group website: www.ebx.com.br

EBX and IMG Worldwide, which together created the IMX joint venture, announce the acquisition of Brasil 1 Esportes & Entretenimento. The new EBX Group Company will have a national presence in the areas of sports, entertainment and management arenas.

The EBX Group introduces a new Sustainable Management System that deals with guidelines and standards for employees to follow on a daily basis. Sustainability Policies were also reviewed.

The EBX Group expands its support for sports through sponsorship of brothers Rodrigo Minotauro and Rogério Nogueira, UFC 140 MMA fighters.

The EBX Group announces its new corporate identity.

The President of the EBX Group, Eike Batista, is named "Person of the Year" by Destaque Ademi – the Master Real Estate Award 2011 - sponsored by the Rio de Janeiro Regional Association of Corporate Real Estate Market Managers (ADEME) and the International Federation of Real Estate Professionals (FIABCI). The award recognizes the best projects and entrepreneurs who contributed to the development of Rio de Janeiro.

MPX obtains Preliminary Authorization from the Brazilian Economic Development Bank (BNDES) for R$ 1.6 billion in long-term financing for the 1,176 MW Thermoelectric Power Plant Parnaíba (MA).

OGX and OSX present a new timetable for production of first oil, scheduled for January 23, 2012.

The EBX Group wins the Rio + Empreendedor 2011 Award, in the "Sustainability" Category. The award, sponsored by the Business Leaders Group (Lide Rio) and the Investment Promotion Agency of Rio de Janeiro (Rio Negócios), rewards individuals and companies that contribute to business expansion and growth of Rio de Janeiro.

Report by SRK Consulting highlights 997.4 million tons of certified mineral reserves in Serra Azul (MG). Number corresponds to 87% of the 1.1 billion tons of iron ore resources measured and indicated in Serra Azul in August.

OGX and MPX obtain a preliminary license for the production of natural gas in the production fields in the Gavião Real and Gavião Azul fields, in the Parnaíba Basin. The document certifies the environmental feasibility of the project, which will produce and treat the fuel to be sent to the MPX generation complex in Maranhão.

OSX wins the Project Finance in Latin America award for FPSO OSX-2, from the Project Finance International Magazine. Awards will be delivered in January in London.

The EBX Group, in partnership with the state and city government of Rio de Janeiro completes the eighth environmental education action in the Encontro das Aguas Meeting Space at the Lagoa, which includes activities such as Environment Week and World Water Day.

The Group reaches the milestone of more than 120 environmental permits awarded, 22 this year alone, on behalf of its projects.

The EBX Group and NewRest, create NRX-NewRest which will operate in the air and rail catering sectors - providing food services and onshore and offshore operational support - including cleaning and hospitality services, among others. The new company will serve the domestic market.

MMX signs a contract to provide rail services with MRS Logistica for the transportation of iron ore from the Iron Quadrilateral (MG) to the Sudeste Superport in Itaguai (RJ). The contract provides for transportation of up to 36 million tons per year by 2026 and ensures the logistics integration of the Sudeste System.

Revista Época magazine selects Eike Batista as one of the 100 most influential Brazilians in 2011. The list identifies personalities that stood out during the year in terms of power, talent, achievements and ability to mobilize and/or inspire. He was named in the Builders category. Batista also is one of the two Brazilians cited in the book "World Changers - 25 Entrepreneurs who changed business as we knew it," about the 24 entrepreneurs who transformed the business world. Batista is also one of the Leaders of Brazil in the oil and gas category, in an award program sponsored jointly by the Doria Group and Brasil Economico.