Braskem Announces EBITDA of R$566 Million, with Margin of 15.3%

SAO PAULO -

BRASKEM S.A. (BOVESPA: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK), the leading company in the thermoplastic resins industry in Latin America and third-largest resin producer in the Americas, announces today its results for the second quarter of 2009 (2Q09).

HIGHLIGHTS OF THE PERIOD:

– Higher Sales Volume in all markets and products: domestic resin sales were 27% higher than in 1Q09, while sales of basic petrochemicals grew by 47%.

– Net Revenue of R$3.7 billion, 13% up on the 1Q09. In dollar terms, net revenue grew by US$368 million.

– EBITDA of R$566 million in 2Q09, with EBITDA margin of 15.3%, 1.3 p.p. higher than 1Q09.

– Net income of R$1,156 million, R$1,146 million higher than the R$10 million posted in 1Q09.

– Braskem raised R$250 million through a receivables-backed investment fund (FIDC) comprising R$227 million in senior shares and R$23 million in subordinated shares.

– Braskem closed 2Q09 with net debt of US$3,764 million, 5% lower than in the previous quarter.

– Green Polymer Project moves forward: Braskem is in the advanced stages of negotiations for the supply of approximately 60% of the ethanol volume required to operate at full capacity its green ethylene plant (Green PE) at the Triunfo Petrochemical Complex.

– Petroquimica Triunfo was merged into Braskem in May 2009, as approved by the Extraordinary Shareholders’ Meetings (ESM) of Triunfo and Braskem.

– Startup of the ETBE Plant in the Camacari Petrochemical Complex: with the startup of Camacari’s plant, the Company adds 210 kton/year to of ETBE capacity, leading to a total production of 378 kton/year of this product by Braskem.

Full earnings release is available on the Company’s IR website: www.braskem.com.br/ir

Braskem will host conference calls to discuss 2Q09 results TOMORROW, August 13, 2009, at 11:00 a.m. in English and 9:00 a.m. in Portuguese. See connecting details on the Company’s IR website at www.braskem.com.br/ir

For further information please contact Braskem’s Investor Relations Area:

Luciana Paulo Ferreira, +55-11-3576-9178, luciana.ferreira@braskem.com.br Roberta Pimphari Varella, +55-11-3576-9266, roberta.varella@braskem.com.br Cintia Watai, +55-11-3576-9615, cintia.watai@braskem.com.br Marina Dalben, -+55-11-3576-9716, marina.dalben@braskem.com.br

Source: BRASKEM S.A.

Luciana Paulo Ferreira, +55-11-3576-9178, luciana.ferreira at braskem.com.br; Roberta Pimphari Varella, +55-11-3576-9266, roberta.varella at braskem.com.br; Cintia Watai, +55-11-3576-9615, cintia.watai at braskem.com.br; Marina Dalben, +55-11-3576-9716, marina.dalben at braskem.com.br, all of BRASKEM Investor Relations