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FORJAS TAURUS S.A.

4Q05

FACT SHEET

TAURUS COMPANIES BACKGROUND

Forjas Taurus was established in Porto Alegre (RS) in 1939. Its production inclued, in addition to tools and revolvers, its own machinery for manufacturing these items. In 1949, in line with the macroeconomic environment, the company decided to cease manufacturing equipament and in that year - became a Shareholding Company. As from 1977, it entered a new cycle of growth - new companies began to be created and incorporated, adding strength to the manufacturing range. The perfomance of the Taurus Companies, always based on the high quality of its products and permanent technological innovations, raised it to the position of leadership in every sector in which it is present.

TAURUS CAPACETES LTDA.

Helmets for motorcyclists

TAURUSPLAST PRODUTOS PLÁSTICOS S.A.

Bins and Containers

99,99%

51%

TAURUS BLINDAGENS LTDA. Helmets for motorcyclists, vests and shields

99,78%

COMMENTS ON CONSOLIDATED PERFORMANCE - 4Q05

The good pefomance in the arms, helmets and industrial equipment segments was important for the achievement of a net profit of R$ 10.099 thousand in 4Q05, exceeding the results in 4Q04 by 30,6%. However, on a cumulative basis, the profit of R$ 18.217 thousand in 2005, was still lower than the profit of R$ 23.324 thousand in 2004. The improvement in the results for the quarter was due to a recovery in margins, considering that net income of R$ 77.018 thousand in 4Q05 was 11,5% below that in the same period last year. Gross Margin of 47,6% and EBITDA margin of 20,2% exceeded the 42,8% and 12,6% respectively in 4Q04. Among the factors wich contributed to this recovery, a better mix of products and markets in the arms sector, deserves special mention. Even with the devaluation of the dollar against the Real of -11,8% in the year, the participation of exports in total net income reached 61,2% in 4Q05. With an EBITDA of R$ 15.566 thousand in the quarter and R$ 42.602 thousand in the year, the relationship of Net Debt/EBITDA was 1,63x in 2005. Dividends paid to the shareholders in respect of 2005 amounted to R$ 6.416 thousand (0,0741 per share) which was equivalent to a cash yield of 5%. (Quotation of 2005).

35%

FORJAS TAURUS S.A.

Small arms, forged and machined parts, thermal treatment and M.I.M parts

99,99% 100%

TAURUS MÁQUINAS-FERRAMENTA LTDA.

Heavy equipment, machining services and boiler products

FAMASTIL TAURUS FERRAMENTAS S.A.

Manual tools

TAURUS HOLDINGS, INC.

100%

TAURUS INTERNATIONAL MANUFACTURING, INC.

Short arms and M.I.M. parts

TAURUS COMPANIES

Consolidated net income by sector - 2005/2004 (percentage)

Vests Forged 2,6% Products 6,9% Helmets 13,9% Forged Vests Products 2,6% 6,9% Bins and Containers 1,7% Equipments 9%

Growth in consolidated net income

( R$ million)

Helmets 15,3% Bins and Containers 1,4% Equipments 1,5%

CAGR* + 15%

208 244 259

318

250

161

Arms 65,9%

Arms 72,3%

2005

2004

2000

2001

2002

2003

2004

2005

* Compound Annual Growth Rate

(R$ thousands)

FORJAS TAURUS S.A.

BALANCE SHEET

31/12/2005 CONTROLLING COMPANY % 31/12/2004 % 31/12/2005 CONSOLIDATED % 31/12/2004 %

ASSETS

CURRENT LONG TERM RECEIVABLES FIXED ASSETS TOTAL ASSETS 102.980 39.689 168.682 311.351 33,1 12,8 54,1 100,0 105.505 10.185 153.203 268.893 38,9 3,5 57,6 100,0 280.160 35.837 109.381 425.378 65,9 8,4 25,7 100,0 248.167 18.995 96.791 363.953 68,2 5,2 26,6 100,0

LIABILITIES

CURRENT LONG TERM LIABILITIES MINORITY SHAREHOLDINGS NET EQUITY TOTAL LIABILITIES 51.679 20.881 238.791 311.351 16,6 6,7 76,7 100,0 35.100 3.239 230.554 268.893 13,1 1,2 85,7 100,0 149.325 35.371 1.899 238.783 425.378 35,1 8,3 0,5 56,1 100,0 125.288 11.937 2.840 223.888 363.953 34,4 3,3 0,8 61,5 100,0

PROFIT AND LOSS STATEMENT

31/12/2005 NET INCOME GROSS PROFIT OPERATING PROFIT NET PROFIT 140.602 29.869 14.035 12.543

CONTROLLING COMPANY % 31/12/2004 100,0 21,2 10,0 8,9 145.135 51.121 28.284 22.588

% 100,0 35,2 19,5 15,6

31/12/2005 318.428 108.533 28.636 18.217

CONSOLIDATED % 31/12/2004 100,0 34,1 9,0 5,7 250.354 110.735 30.783 23.324

% 100,0 44,2 12,3 9,3

PRINCIPAL FINANCIAL INDICATORS

CONTROLLING COMPANY 31/12/2005 EBITDA GROSS MARGIN (%) INVESTMENTS NET WORTH PER SHARE PROFIT PER SHARE 5.824 21,2 14.630 2,8 0,14487 31/12/2004 20.185 35,2 24.628 2,7 0,26089 CONSOLIDATED 31/12/2005 42.602 34,1 24.243 31/12/2004 37.996 44,2 28.505

CONTROLLED/ ASSOCIATED COMPANIES

TAURUS MÁQUINASFERRAMENTA Ltda. 31/12/2005 TOTAL ASSETS NET EQUITY %PARTICIPATION OF FORJAS TAURUS S.A. NET INCOME NET PROFIT EBITDA GROSS MARGIN (%) INVESTMENTS 67.867 4.005 99,99 34.495 1.227 4.735 20,4 3.907 31/12/2004 787 (2.672) 99,99 1.628 182 (1.895) (0,7) 5.515 TAURUS BLINDAGENS Ltda. 31/12/2005 87.920 73.929 99,78 40.889 10.078 9.738 45,3 11.695 31/12/2004 77.849 67.860 99,78 35.402 10.008 10.506 49,4 1.849 31/12/2005 96.565 31.913 100 136.606 5.572 4.834 28,7 2.595

(R$ thousands)

TAURUS HOLDINGS, Inc. 31/12/2004 102.473 30.431 100 126.981 3.052 2.989 28,6 3.099

TAURUS CAPACETES Ltda. 31/12/2005 TOTAL ASSETS NET EQUITY % PARTICIPATION OF FORJAS TAURUS S.A. NET INCOME NET PROFIT EBITDA GROSS MARGIN (%) INVESTMENTS 13.857 12.001 0,01 12.333 440 1.727 31,4 1.092 31/12/2004 14.000 2.766 0,01 9.937 343 1.827 34,6 87

TAURUSPLAST PROD. PLÁSTICOS S.A. 31/12/2005 17.901 2.115 5.564 (2.130) 1.229 23,0 1.666 31/12/2004 17.848 4.245 3.574 (2.934) (112) 18,9 20

FAMASTIL TAURUS FERRAMENTAS S.A.* 31/12/2005 24.371 17.164 35,0 42.217 573 2.726 27,6 1.607 31/12/2004 23.433 15.151 43.544 2.132 6.057 33,7 4.407 * Not Consolidated

STRATEGIES FOR GROWTH

Enhance our image and increase our participation in the market, always guided by our clients; Invest in the development of our employees; Maintain our position in the short arms business and increase its profitability though launching new products and productivity gains; Intensify sales growth, especially in the sector of motorcyclists helmets, operating equipment, forged and machined parts; Improve our profitability through the incorporation of new technologies and qualification of processes.

INVESTOR RELATIONS

[email protected] Luis Fernando Costa Estima

Director President and Director of Investor Relations

Edair Deconto

Controller and Investor Relations Manager

Forjas Taurus S.A. Avenida do Forte, 511- Vila Ipiranga - Fone:(51) 3021.3000 CEP 91360-000 - Porto Alegre - RS - Brazil

www.taurus.com.br

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