Webcast Alert: Companhia de Transmissao de Energia Eletrica Paulista - CTEEP Announces Second Quarter 2010 Earnings Conference Call Webcast

SAO PAULO, Aug.16 /PRNewswire-FirstCall/ -- CTEEP - Companhia de Transmissao de Energia Eletrica Paulista (Bovespa: TRPL3; TRPL4) (CTEEP)  announces its Conference Call and Webcast to discuss second quarter earnings 2010:

HIGHLIGHTS

• Net Income in 2Q10 was R$ 409.2 million, a growth of 5.4% against 1Q10 and stable in relation to 2Q09;
• Ebitda reached R$ 332.8 million in 2Q10 –  equivalent to an Ebitda margin of 81.3% -, a growth of 8.3% compared with 1Q10 and a reduction of 4.1% in comparison with the same period in 2009;
• There was a growth in revenue of R$ 7.9 million following additions to energized transmission assets in 2Q10;
• In 1Q10, a resolution was approved for the payout to shareholders in dividends  and interest on shareholders equity amounting to R$ 203.9 million, corresponding to R$ 1.34295 per share;
• Ratification of the Increase in Capital Stock: on April 23, CTEEP's Board of Directors ratified the increase in capital stock amounting to R$ 56,862.4 thousand, through the issue of 1,172,421 new shares;
• Ratifying Resolution 1,021, was published on June 29, 2010 establishing the new Annual Allowed Revenue - RAP for the next 12-month cycle covering the period from July 1, 2010 to June 30 2011 and amounting to R$ 1,768.15 million.

Contact: Marcio Lopes Almeida (Chief Financial and Investor Relations Officer), Diogo Zinsly (Investor Relations Officer) or Thiago Lopes da Silva (Senior Investor Relations Analyst) of Companhia de Transmissao de Energia Eletrica Paulista CTEEP), (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]

Companhia de Transmissao de Energia Eletrica Paulista (CTEEP) is controlled by the Grupo Empresarial ISA, one the principal groups in the electricity and telecommunications sectors in Latin America. CTEEP is the leading private sector electricity transmission concessionaire in Brazil accounting for the transmission of  30% of all the electric energy produced in the country and 60% of the energy consumption in Brazil's southeastern region.

With an installed capacity of 43,223 MVA, the Company is responsible for the transmission of nearly all the electricity consumed in the state of Sao Paulo, this state accounting for 30% of Brazilian GDP. The excellence of the Company's customer service is ensured by an infrastructure of 12,272 km transmission lines, 18,698 km of transmission circuits, 105 substations with tension of up to 550 kV  and 2,488 km of optic fiber cables.

CTEEP's shares are listed on the BM&FBovespa and since 2002 the Company has adhered to BM&FBovespa's Level 1 Corporate Governance. Its preferred shares are a component of the Ibovespa stock index, the most important indicator of average share prices in the Brazilian equity market. Additionally, the Company has an American Depositary Receipts – ADR program under Rule 144 A in the United States. The depositary bank for the ADRs is the Bank of New York  and Banco Itau acts as custodian.

SOURCE CTEEP - Companhia de Transmissao de Energia Eletrica Paulista