Net income for the PDG grows 202.6% in 2007

The PDG Realty Empreedimentos Inmobiliarios reported adjusted net income (excluding the expenses relating to the initial public offering of shares) of $ 129.5 million last year, representing an increase in Brazil property of 202.6% over 2006. In the period, net income amounted $ 552 million, increased of 178.3%, while the EBITDA (profit before interest, taxes, depreciation and depreciation) reached $ 161.1 million, growth of 214%. In statement to the Brazil property market, the company also announced data from the fourth quarter of 2007, when the adjusted net income totaled $ 50.66 million, high of 126.3% compared to same period in 2006. In the same comparison, the net income reached $ 190.7 million, 86.3% of high, and EBITDA $ reached $ 60.4 million, advancement of 117.3%.