Henri Philippe Reichstul

Henri Philippe Reichstul has been a director of AEI (Energy) "since December 2003, first of PEI and then of AEI. He recently served as the chief executive officer of Brenco, a Brazilian ethanol production company. Mr. Reichstul has also been chairman of G & R — Gestão Empresarial, a consulting firm, since 2002. Previously, he worked as an economist for the International Coffee Organization in London, the newspaper Gazeta Mercantil in São Paulo, the Economic Research Institute Foundation of the University of São Paulo (FIPE), and CED — Coordenação das Entidades Descentralizadas da Secretaria de Estado dos Negócios da Fazenda de São Paulo. Mr. Reichstul was also the secretary of SEST — Secretaria de Controle de Empresas Estatais, the office of the Secretariat of Planning, the office of the President of the Republic and executive secretary of the Inter-Ministry Council of CISE — Conselho Interministerial de Salários de Empresas Estatais. He has been a member of the boards of directors of TELEBRÁS, ELETROBRÁS, SIDERBRÁS, BNDES, BORLEM S.A. — Empreendimentos Industriais, CEF — Caixa Econômica Federal, LION S.A., and is currently a member of the board of directors of Repsol YPF, S.A., Peugeot Citroen PSA. In addition, Mr. Reichstul was the general secretary of planning under the Office of the President of the Republic, chairman of IPEA — Instituto de Planejamento Economico e Social, executive vice president of Banco Inter American Express S.A., chief executive officer and president of Petrobras — Petróleo Brasileiro S.A. from 1999 to 2001 and president of Globopar in 2002. He is also the vice chairman of the board of the Brazilian Foundation for Sustainable Development. Mr. Reichstul has a graduate degree in economics from the University of São Paulo and has studied post-graduate economics at the University of Oxford."

Philippe Reichstul "has a solid academic background and prominent professional experience. He is presently an independent consultant, and member of the Board of Directors of several entities both in Brazil and abroad (ABDIB, Coinbra / Louis Dreyfus, and Prisma International).

"He was the President of Petrobras from March 1999 to December 2001, and he prepared the company for the opening up of the oil products market, transforming it into a state-owned company capable of competing. He spent some time with the Globo Organization as President of Globo Participações, where he worked on the restructuring of the group.

"He has been an executive in the financial area for many years as Executive Vice-president of Banco Inter American Express S.A., but has also worked in direct public administration (Ministry of Planning, member of the Board of Directors for Eletrobrás, CEF, Telebrás, and BNDES).

"Philippe Reichstul is an economist graduated from the School of Economics and Administration in the University of São Paulo, and has a post graduation degree from Oxford University."