NET Announces Agreements With Certain Shareholders of VIVAX and Conference Call Invitation

SAO PAULO, Brazil, Oct. 12  /PRNewswire-FirstCall/ -- Net Servicos de Comunicacao S.A. (Bovespa: NETC3 and NETC4; Nasdaq: NETC; and Latibex: XNET) -- "Company" or "NET", today announced the execution of agreements between NET and certain shareholders of VIVAX S.A. ("VIVAX"), where by NET will initially acquire a minority interest and subsequently acquire control of VIVAX. Please see http://www.ri.netservicos.com.br/ for details.

                       Conference Calls Invitation

                                Portuguese
       Friday, October 13, 9:00 a.m. -- US Eastern Time (New York)
                   All Participants: ([phone]
                         Conference Call ID:  NET

                                 English
       Friday, October 13, 10:00 a.m. -- US Eastern Time (New York)
                    All Participants: [phone]
                       Conference Call ID:  7991377



For further information, please contact NET Investor Relations Area: , or visit the Investor Relations Website: http://www.ri.netservicos.com.br/.

About NET

Net Servicos de Comunicacao S.A. (Bovespa: NETC3 and NETC4; Nasdaq: NETC; and Latibex: XNET) is the largest cable operator in Brazil through its operating subsidiaries in the States of Sao Paulo, Rio de Janeiro, Minas Gerais, Rio Grande do Sul, Santa Catarina, Parana, Mato Grosso do Sul, Pernambuco and Distrito Federal. Has approximately 1,662.0 thousand connected Pay TV subscribers and 532.2 thousand broadband subscribers. 

DATASOURCE: Net Servicos de Comunicacao S.A.



CONTACT:  Rodolfo Zabisky, [phone]



Web site:  http://www.ri.netservicos.com.br/ 

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