PRESS RELEASE

PRELIMINARY DATA: SALES IN MULTIPLAN SHOPPING CENTERS GROW 13.2% IN 2011 AND REACH R$8.5 BILLION
Rio de Janeiro, January 5, 2012 Multiplan Empreendimentos Imobilirios S.A. (BM&FBOVESPA: MULT3) announces its preliminary fourth quarter 2011 operational results for the fourteen shopping centers the Company owns. The highlight goes to the strong growth in sales and rent in the period. Shopping Center Sales Sales in Multiplan shopping centers reached R$8.5 billion in 2011, a 13.2% increase compared to 2010. In the fourth quarter sales reached R$2.8 billion, which represents 32.9% of annual sales, and led to growth of 13.4% when compared to the fourth quarter of 2010. This growth happened on top of an already strong base from preceding years.

Multiplan Shopping Centers Total Sales Evolution

CAGR*: +17.2% +13.2%

R$8.5 B
R$7.5 B

R$6.1 B
R$5.1 B

R$4.3 B
R$2.2 B R$1.7 B R$1.9 B R$2.8 B

R$3.1 B

R$3.6 B

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

* Compound Annual Growth Rate

On a same basis comparison, Same Store Sales (SSS) presented a growth of 7.6% in 2011, while Same Area Sales (SAS) increased 8.9%. The solid per square meter sales base in the companys shopping centers makes the growth in 2011 even more relevant. In 4Q11, the increase in SSS and in SAS was of 8.3% and 10.0% over 4Q10, respectively.

Same Store Sales Quarter Evolution (Year/Year)

13.8%

14.4% 12.2%
11.4%

14.0%

14.9% 11.4% 9.9%

7.9% 5.1% 9.8%

13.7% 11.9%

12.6%
9.4% 8.3%

10.6%
6.6%

7.5%

5.6%

1Q07 2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11

Rent Multiplan recorded a Same Store Rent (SSR) growth of 14.1% in 2011 and 14.5% in 4Q11, compared to the same period last year. Same Area Rent (SAR) increased 13.3% in 2011, and 14.8% in 4Q11.

Same Store Rent Quarter Evolution (Year/Year)

IGP-DI Adjustment Effect

Real SSR 13.9% 13.2% 14.0% 12.0% 10.3% 4.9% 14.1%

16.0%

14.5%
5.8% 4.8%

9.4%

10.4% 10.6%

11.6% 2.9% 1.9% 3.6% 9.0%

7.7% 9.0% 2.8% 2.2%

6.5%

6.6% 6.4% 4.2% 2.1%

8.1% 0.8% 6.5% 10.7% 11.1% 10.0%

3.4% 3.9% 2.9% 4.4%

6.6% 7.7%

2.8%

5.6% 3.9% 4.6% 2.6% 3.6%

6.7% 8.6%

7.3%

6.0% 3.7% 4.8% 0.2% 0.6% 4.0%

7.3%

8.8% 9.6% 9.3%

-0.3% 1Q07 2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11

Armando dAlmeida Neto CFO and IRO

Disclaimer: The information included in this report are preliminary and can be modified without previous notice. The company has no obligation to update said information. Readers/investors should be aware that many factors may mean that our future results differ from the information in this document. The reader/investor is encouraged not to completely rely on the information above.

IR Multiplan
Tel: 55 21 3031-5200 Fax: 55 21 3031-5322

Address: Av. das Amricas, 4.200 Bloco 2 - Sala 501 Duplex Barra da Tijuca - Rio de Janeiro CEP: 22640-102 W e b s i t e : w w w . m u l t i p l an . co m. b r/ i r

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