Press release 2q english 06 09 2013 v3

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Indicators Indicators Current Liabilities Non-current liabilities

Unit % %

Jun´13 33.1% 66.9%

Mar´13 34.9% 65.1%

Dec´12 37.0% 63.0%

Sep´12 97.3% 2.7%

Jun´12 97.4% 2.6%

Mar´12 97.5% 2.5%

Current Liabilities, as of June 30, 2013, represent 33.1% of total liabilities. FD / EBITDA Financial Debt to EBITDA

Jun´13 -14.0

Mar´13 -7.4

Dec´12 -3,6

Sep´12 -9,0

The variation in the ratio is explained by the improvement of 74% in the last twelve months June EBITDA, while financial liabilities remained at the same level. Although remains negative. This represents an improvement in this indicator. Indicadores Average payment period

Unit Days

Jun´13 59

Mar´13 73

Dec´12 80

Sep´12 65

The decrease in the average payment period in 21 days is due to a decrease of 17% in the trade payables and other accounts payable.

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