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Brasil Brokers announces 2Q08 Results

Rio de Janeiro, August 14, 2008. Brasil Brokers Participações S.A. (Bovespa: BBRK3), a real estate brokerage and consulting firm with a strong presence in Brazil’s major real estate markets, announces today its results for the second quarter of 2008.

The Company’s consolidated financial statements are prepared in accordance with generally accepted accounting principles in Brazil (BR GAAP), pursuant to the Brazilian Corporate Law and the regulations of the Securities and Exchange Commission of Brazil (CVM).

Continued organic expansion with the opening of 13 new branch offices and the startup of operations in the cities of Niterói and São Gonçalo in Rio de Janeiro state; Florianópolis, in Santa Catarina; and Novo Hamburgo in Rio Grande do Sul;

Advances in the inorganic growth strategy through the acquisition of Global Consultoria Imobiliária S.A. in Manaus, Amazonas, expanding our coverage in Brazil’s North region;

Total contracted sales in 2Q08 of R$2,713 million or 14,452 units, of which 8,397 units (58% of total) were priced below R$150,000;

Launch Backlog of approximately R$30 billion on June 30, 2008, to be launched by yearend 2009.

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