0001193125-07-054607 Sample Contracts

GAFISA S.A. (a sociedade por ações incorporated under the laws of the Federative Republic of Brazil) [·] American Depositary Shares, each representing two shares of Common Stock INTERNATIONAL PURCHASE AGREEMENT
International Purchase Agreement • March 14th, 2007 • Gafisa S.A. • General bldg contractors - residential bldgs • New York

or arising out of or in connection with the Transaction Documents (except for the restrictions disclosed in the Registration Statement, the Prospectus and the General Disclosure Package).