AES Tiete’s Net Income in 2Q09 was R$ 199 Million, to be Fully Distributed as Dividends
AESYY; Bovespa: GETI3, GETI4) today announced its results for the 2nd quarter,
Comments by Mr.
“AES Tiete’s EBITDA was
net income reached
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: email@example.com
SOURCE AES Tiete S.A.