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Webcast Alert: Companhia de Transmissao de Energia Eletrica Paulista (CTEEP) Conference Call Webcast for the 3rd Quarter 2009

 

SAO PAULO, Nov. 16 /PRNewswire-FirstCall/ -- Companhia de Transmissao de Energia Eletrica Paulista (CTEEP) (Bovespa: TRPL3; TRPL4) (CTEEP) announces the following webcast:

    WHAT:  Conference call on 3rd Quarter 2009 Results

    WHEN:  Monday, November 16, 2009 at 7:00 am (EST) - 10:00 am (BRST)

    WHERE: http://prnewswire.mediatown.com.br/player/?id=134

HOW: Live over the Internet -- Simply log on to the web at the address above, or by phone.

    Connection numbers:
    Participants from Brazil: (55 11) 4688-6361
    Participants from U.S.: (1 888) 700-0802
    Participants from other countries: (1 786) 924-6977
    Access code: CTEEP

    HIGHLIGHTS

-- Net Income in 3Q09 was R$ 218.7 million, 5.4% less than the same period for 2008;

-- Net Revenue reached R$ 440.4 million in the third quarter 2009, practically stable as compared with 3Q08, when this same item reported R$ 448.7 million;

-- Payout of profits to shareholders amounted to R$ 165.5 million, corresponding to R$ 1.098525 per share in the quarter;

-- 3rd Commercial Paper Issue in the amount of R$ 200 million with a maturity of 180 days. Demand was approximately 4.5 times oversubscribed. Remuneration cost declined from 115% of CDI (firm guarantee) to 106.5% of CDI (bookbuilding);

-- Capital increase of R$ 63.0 million, through the issue of 640,588 common shares and 730,937 preferred shares as a result of the goodwill premium paid by ISA Capital for the acquisition of the Company and the use by CTEEP in 2008 of the tax break arising from this same goodwill;

-- Abrasca Award for the Creation of Shareholder Value: On October 28, 2009 CTEEP was elected the company with the best model for the creation of shareholder value in the electric energy sector. Share liquidity, distribution of profits to shareholders, and services provided by the investor relations area were among the main criteria used for selecting the winner.

Contact: Marcio Lopes Almeida (Finance 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 e-mail, ri@cteep.com.br

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. Or if you prefer, access the site http://www.prnewswire.com.br

Should you have problems in hearing the transmission, please send an e- mail to atendimento@prnewswire.com.br

Companhia de Transmissao de Energia Paulista (CTEEP) is controlled by Grupo Empresarial ISA, one of the leaders 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 consumption in Brazil's Southeast region.

With an installed capacity of 43,069 MVA, the Company is responsible for the transmission of nearly all the electricity consumed in the state of Sao Paulo, accounting for 30% of Brazilian GDP. The excellence of the Company's customer service is ensured by a complex network infrastructure of 12,312 km of transmission lines, 18,495 km of transmission circuits, 102 substations with tension of up to 550 kV and 1,955 km of optic fiber cable.

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 average 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. The depositary bank for the ADRs is the Bank of New York and Banco Itau is the custodian.

SOURCE Companhia de Transmissao de Energia Eletrica Paulista (CTEEP)

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RELATED LINKS
http://www.cteep.com.br/ri

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