2Q11

HIGHLIGHTS

\\ Consolidated Net Revenue up 12.2% on 2Q10;
\\ EBITDA² up 16.8% year-on-year;
\\ Consolidated Net Income³ of R$ 33.2 million, up 43.4% on 2Q10;
\\ Revenue growth of 16.4% between 1H10 and 1H11, exceeding expectations.

Conference Call 2Q11