UOL Announces 3Q09 Results

UOL Announces 3Q09 Results

Advertising and Other Revenues increased 54%, Broadband Subscriber Base grew 17% and EBITDA expanded by 14%

SAO PAULO, Nov. 13 /PRNewswire-FirstCall/ -- UOL S.A. (Bovespa: UOLL4), the leading online media portal and Internet company in Brazil, announced 3Q09 results.

   Highlights     --  Advertising and other revenues totaled R$112.7 million in 3Q09 and       R$299.4 million in 9M09, up 54% and 53% respectively, on the same       periods in 2008.     --  EBITDA totaled R$33.1 million in 3Q09, 14% higher than in 3Q08. EBITDA       margin in 3Q09 was 19%, 1 p.p. down year-on-year. Excluding the       impacts of the exceptional results in both periods, EBITDA grew by 9%       over 3Q08.     --  EBITDA totaled R$109.6 million in 9M09, 10% higher than in 9M08.       EBITDA margin was 22% in 9M09, 1 p.p. down from the same period in       2008. Excluding the impacts of the exceptional results in both       periods, EBITDA was R$ 98.1 million, a 3% reduction from 9M08.     --  Gross margin in 3Q09 was 68%, 6 p.p. up on 3Q08. Gross profit in 9M09       came to R$342.8 million     --  In 3Q09, net income came to R$20.2 million, 17% down from 3Q08. In       9M09, net income was R$80.8 million, 7% up year-on-year. Excluding       non-recurring items in the period, net income decreased by 10% from       9M08.     --  The number of paying broadband subscribers reached 1.31 million in       September 2009, an increase of 17% over September 2008.   

For full earnings release, visit the Company's IR website: www.uol.com.br/ir

   3Q09 results conference call TODAY, November 13, as follows:     --  English conference call: 08:00 a.m. US ET , connecting number +1 (973)       935-8893 - ID Conference: 35367132     --  Portuguese conference call: 7:00 a.m. US ET, connecting number +55       (11) 2188-0188,  Code: UOL   

For additional information, please contact the Company's Investor Relations Department.

   Miguel Longo   CFO and IRO   ri@uolinc.com  

First Call Analyst:
FCMN Contact:

Source: UOL S.A.

CONTACT: Miguel Longo, CFO and IRO, ri@uolinc.com

Web Site: http://ri.uol.com.br/

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Profile: International Entertainment