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AES Tiete’s Net Income in 2Q09 was R$ 199 Million, to be Fully Distributed as Dividends

August 13, 2009

SAO PAULO, Aug. 13 /PRNewswire-FirstCall/ — AES Tiete S.A. (OTC: AESAY,
AESYY; Bovespa: GETI3, GETI4) today announced its results for the 2nd quarter,
2009.

Comments by Mr. Alexandre Innecco – CFO and Investor Relations Officer

“AES Tiete’s EBITDA was R$ 325.1 million, 12.4% higher than in 2Q08, while
net income reached R$ 199.2 million, an increase of 48.6% compared to the same
period in the previous year. The higher price of energy sold through the
bilateral contract (13.44%), adjusted annually in July by the IGP-M, the
maintenance of the costs and expenses structure and higher financial income
positively impacted the Company’s results.

“Following the practice for shareholder remuneration that has been applied
by the Company since 2006, AES Tiete is fully distributing its net income
obtained in 2Q09 in the form of dividends.”

    AES TIETE INVITATION:

    Conference Call / Webcast

    PRESENTERS:
    Britaldo Soares - Chief Executive Officer
    Alexandre Innecco - CFO and Investor Relations Officer

    DATE:  Monday, August 17, 2009

    TIME: 10:00 A.M. (BR) / 9:00 A.M. (US EDT)
    CONNECTION NUMBERS
      - Brazil: (+55 11) 4688-6361
      - USA: (1-888) 700-0802
      - Other countries: (1 786) 924-6977

    SIMULTANEOUS TRANSLATION INTO ENGLISH

    ACCESS CODE: AES Tiete

    REPLAY: (+55 11) 4688-6312
    CODE: 762
    AVAILABILITY:  August 17, 2009 through August 23, 2009

The conference audio will also be transmitted on the Internet, accompanied
by a slide presentation. Access the site: www.aestiete.com.br/ri

Conference Call will be broadcasted live over the Internet on the same
website, remaining available after the event.

    CONTACT: Luciana Silvestre
    PHONE:   55 11 2195 2282
    FAX:     55 11 2195 2503
    E-MAIL:  luciana.silvestre@aes.com

SOURCE AES Tiete S.A.


Source: newswire



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