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

SAO PAULO, Nov. 16, 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 third quarter of 2011

What:	Companhia de Transmissao de Energia Eletrica Paulista (CTEEP) Third Quarter 2011 Results Webcast
When:	Wednesday, November 16, 2011 at 12:00 PM ET
Where:	http://www.mediatown.com.br/prnewswire/player/?id=767
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) 4688-6301

Participants from USA: (1 888) 700-082

Participants from other countries: (1 786) 924-6977

Access code: CTEEP

HIGHLIGHTS

• Net operating revenue totaled R$ 896.5 million in 3Q11, an increase of 29.8% against 2Q11 (R$ 690.7 million) and 44.4% in relation to 3Q10 (R$ 620.7 million);
• EBITDA of R$ 509.4 million in 3Q11 posted growth of 52.8% in relation to 2Q11 (R$ 333.4 million) and 39.9% in comparison with 3Q10 (R$ 364.1 million);
• Net Income was R$ 344.9 million in 3Q11, an increase from R$ 200.5 million of 72.0% against 2Q11 and 41.3% in relation to 3Q10 when net income was R$ 244.0 million;
• Readjustment in Annual Allowed Revenue - RAP: Pursuant to Ratifying Resolution 1171, the electric energy regulator – ANEEL has announced the new RAP for the 2011/2012 cycle. CTEEP's RAP will now be R$ 2,008.3 million, equivalent to an increase of 14.1% in relation to the 2010/2011 cycle;
• Dividends and interest on shareholders capital amounting to R$ 240.7 million, corresponding to R$ 1.56 per share for both vehicles for profit distribution were paid out in the third quarter 2011;
• ANEEL Transmission Line Auction: On September 2 2011, at ANEEL public action 004/2011 held at the BM&FBOVESPA, CTEEP successfully bid for lot K on an independent basis and lot L through the intermediary of the Garanhuns partnership with CHESF.
• APIMEC - 2011: On October 14 2011, the Company held a public meeting for capital markets professionals and investment analysts. On this occasion, CTEEP was awarded the Gold Assiduity Seal for uninterrupted meetings over ten-year period.

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), [phone], or e-mail: [e-mail] e [e-mail]

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 Paulisita (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)

Copyright 2011 PR Newswire