Trisul Announces 3Q07 Results

Net Revenue growing 62.1% reaching R$55.1 million Contracted Sales rise 86% and Gross Margin reaches 44.7% 


SAO PAULO, Brazil, Nov. 13  /PRNewswire-FirstCall/ -- TRISUL S.A. (Sao Paulo Stock Exchange: TRIS3) was incorporated in April 2007 as the result of the merger between Tricury and Incosul.  Both companies were founded in the late 1970's and were two of the most traditional companies in the real estate market in the Sao Paulo metropolitan area.

  -- Total Contracted Sales for 3Q07 reached R$110.7 million, of which R$51
     million was Trisul's stake, registering a growth of 86% when compared
     to 3Q06.

  -- In 3Q07, Net Revenue was R$55.1 million, showing a 62,1% increase over
     the same period '06 and in the first 9 months of the year, Net Revenue
     reached R$140.2 million, a growth of 65.2% versus same period '06.

  -- Adjusted EBITDA in 3Q07 totaled R$15.2 million, with EBITDA margin of
     27.5%, while EBITDA for the first 9 months of the year reached R$38
     million, a growth of 50.6% compared to 3Q06.

  -- 3Q07 Net Profit was R$9.9 million, with a net margin of 18%. The
     adjusted net profit of R$11.1 million represents a net margin of 20.1%.
     In the accumulated result, adjusted net profit totaled R$27.4 million,
     a margin of 19.6%.

  -- On September 30, 2007, Trisul had a Landbank (stock of properties) with
     a Total Potential Sales (VGV) of R$3.5 billion. Of this total, R$2.4
     billion is allocated to the Low-Income market (Economic), through our
     product named Trisul life, aligned with company expertise and strategy.

  -- On October 15, 2007, Trisul shares began trading on the Novo Mercado
     under the code TRIS3, with an initial issuance of 28,985,000 shares at
     the price of R$11.00 per share, totaling the gross amount of R$318.8
     million.

  -- From January till November 13, 2007 a total of 11 real estate
     developments were launched, totaling a Trisul Potential Sales Value
     (VGV) of R$329.8 million with 2,424 units, of which R$223.3 million
     were launched in the last month, after the IPO.

  -- Our first two developments under the brand name Trisul life (economic
     product) were launched in November and with great consumer acceptance.

  For further information, please access our website http://www.trisul-sa.com.br/ir

DATASOURCE: Trisul S.A.



CONTACT:  Investor Relations, Rebeca Ouro-Preto, IR Officer,

(55 11) 3147-0070, , or Priscilla Castro, IR Manager,

(55 11) 3147-0134, both of Trisul S.A.; or Press, Leandro Esteves,

(55 11) 3862-0110, , for Trisul S.A.



Web site: http://www.trisul-sa.com.br/ir 

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