Webcast Alert: CTEEP - Companhia de Transmissao de Energia Eletrica Paulista, Announces First Quarter 2011 Results, Conference Call and Webcast

SAO PAULO, May 16, 2011 /PRNewswire/ -- CTEEP - Companhia de Transmissao de Energia Eletrica Paulista (Bovespa: TRPL3; TRPL4) (CTEEP) announces Conference Call and Webcast its to discuss its results for the first quarter of 2011.

HIGHLIGHTS

• Net operating revenue increased 35.7%, reaching R$ 607.1 million in 1Q11, compared with R$ 447.4 million for 1Q10;
• Ebitda reached R$ 317.2 million in  1Q11 – a margin of 52.2% -,  a growth of 61% in relation to 1Q10 when this same item was R$ 272.8 million;
• Paid out in the 1st quarter 2011 the amount of R$ 175.1 million, corresponding to R$ 1.15 per share, to shareholders in the form of dividends and interest on shareholders' equity;
• 4th Promissory Note Issue: In January 2011, CTEEP issue Promissory Note for R$ 200.0 million, in a single series and maturing in 360 days, the cost of CDI + 0.4% per year.
• ADRs Volume: The volume of American Depositary Receipts reached US$ 65.9 million in 1Q11.

Numbers to Call:
Participants from Brazil: (55 11) 4688-6361
Participants from the USA: (1 888) 700-0802
Participants from other countries: (1 786) 924-6977
Access Code: CTEEP

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

If you are unable to listen to the webcast live, this will be filed to the website http://www.cteep.com.br/ri. In order to access the replay click on the Investor Relations section. Or if you prefer, access the website http://www.prnewswire.com.br.

Should you experience any difficulties in hearing the transmission please send an e-mail to [email protected]

Transmitting electric energy with quality and efficiency. This is the business of CTEEP – Companhia de Transmissao de Energia Eletrica Paulista, the leading private sector concessionaire for electricity transmission in Brazil.

Some 30% of the electricity produced in Brazil and 60% consumed in the country's Southeast is sent through its network – made up of 12,316 km of transmission lines, 18,794 km of circuits, 2,488 km of optic fiber cables and 105 substations with tension up to 550kV.

CTEEP has an installed capacity of 43,973 MVA (Mega Volt Ampere) and with its own assets or through subsidiaries and participations, has a footprint in 12 Brazilian states: Rio Grande do Sul, Santa Catarina, Parana, Sao Paulo, Minas Gerais, Rondonia, Mato Grosso, Mato Grosso do Sul, Goias, Tocantins, Maranhao and Piaui.

The Company has a stakes in companies established to render an electric energy transmission public utility service: a 100% stake in the IEMG (Interligacao Eletrica de Minas Gerais), Pinheiros (Interligacao Eletrica Pinheiros)  and in Serra do Japi (Interligacao Eletrica Serra do Japi); 50% in IESul (Interligacao Eletrica Sul), 51% in IEMadeira (Interligacao Eletrica Madeira); and 25% in IENNE (Interligacao Eletrica Norte e Nordeste).

Controlled by one of the largest energy transmission groups in Latin America Latina - Grupo Empresarial ISA which holds 89.40% of its common shares -, CTEEP also counts among its investors Eletrobras - the largest energy group in Brazil, the government of the state of Sao Paulo and 61 thousand  personal and corporate shareholders.

CTEEP's shares are listed on the BM&FBovespa and since 2002, the Company has adhered to Level 1 of BM&FBovespa's Corporate Governance. Its preferred shares are a component of the Ibovespa stock index, the most important indicator of the average performance of share prices in the Brazilian stock market. In addition, the Company has an American Depositary Receipts – ADR Program under SEC Rule 144 A in the United States.

SOURCE Companhia de Transmissao de Energia Eletrica Paulista (CTEEP)