Webcast Alert: Companhia de Transmissao de Energia Eletrica Paulista (CTEEP) Announces Second Quarter 2011 Results Webcast

SAO PAULO, Aug. 17, 2011 /PRNewswire/ -- Companhia de Transmissao de Energia Eletrica Paulista (CTEEP) (Bovespa: TRPL3; TRPL4) (CTEEP) Announces Conference Call and Webcast to discuss its results for the second quarter of 2011

Connection numbers:
Participants from Brazil: (55 11) 4688-6301
Participants from USA: (1 888) 700-082
Participants from other countries: (1 786) 924-6977
Access code: CTEEP

HIGHLIGHTS

• Net operating revenue reached R$ 690.7 million in 2Q11, an increase of 13.8% against 1Q11 (R$ 607.0 million) and 37.3% compared with 2Q10 (R$ 503.1 million);
• EBITDA  reached R$ 333.4 million in 2Q11, a growth of 5.1% against 1Q11 (R$ 317.2 million) and 22.2% compared with 2Q10 (R$ 272.8 million);
• Paid out in the 2nd quarter 2011 the amount of R$ 247.0 million, corresponding to R$ 1.63 per share of both types, to shareholders in the form of dividends and interest on shareholders' equity;
• 1st Issue of PNs by the IEMadeira subsidiary: In May 2011, the IEMadeira subsidiary issued Promissory Notes amounting to R$ 180.0 million, in a single series and maturing in September 2011 at a cost of CDI + 0.4% per year.
• 1st Issue of PNs by the Serra do Japi subsidiary: In April 2011, the Serra do Japi subsidiary issued Promissory Notes in the amount of R$ 70.0 million, in a single series and maturing in July 2011 at a cost of CDI + 0.3% per year.
• Volume of ADRs: The volume of the American Depositary Receipts – ADRs was US$ 68.7 million in 2Q11.

Contact: Marcio Lopes Almeida, Financial and Investor Relation Officer, or Thiago Lopes da Silva, Investor Relations Senior Analyst, all of Companhia de Transmissao de Energia Eletrica Paulista (CTEEP), +55 (11) 3138-7557, or e-mail: [email protected] e [email protected]

If you are unable to participate during the live webcast, the call will be archived at http://www.cteep.com.br/ir. To access the replay, click on Investor Relations Section.

Companhia de Transmissao de Energia Eletrica Paulista (CTEEP) is majority owned by the ISA Group, one of the leading players in the electricity and telecommunications sectors in Latin America. CTEEP is the largest private sector electricity transmission concessionaire in Brazil, accounting for the transmission of 30% of all the energy produced in the country and 60% of the energy consumed in Brazil's Southeastern region.

With installed capacity of 44,431 MVA, CTEEP is responsible for the transmission of 100% of the electricity consumed in the state of Sao Paulo, a state that accounts for 30% of Brazil's total GDP. The excellence of the Company's customer service is guaranteed by a complex infrastructure of 12,316 km of transmission lines, 18,795 of transmission circuits, 105 substations with tensions of up to 550 kV and 2,488 of optic fiber cable.

CTEEP is listed on the Sao Paulo Stock Exchange (Bovespa) and, since 2002, has adhered to Level 1 of Bovespa's Corporate Governance. Its preferred shares are a component of the Ibovespa stock index, the most important indicator of average share prices in the Brazilian stock market. The Company also has an American Depositary Receipts -- ADR Program -- under SEC Rule 144A in the United States. The depositary bank for the ADRs is the Bank of New York Mellon while Banco Itau is the custodian bank.

SOURCE Companhia de Transmissao de Energia Eletrica Paulista (CTEEP)