Company Profile For TIM Participacoes S.A.

TIM Participacoes S.A. is a wireless operator in Brazil. The Company primarily uses the global system for mobile communications technology (GSM), to provide mobile telecommunications services throughout Brazil. The Company offers value-added services, including short message services or text messaging, multimedia messaging services, push-mail, Blackberry service, video call, turbo mail, wireless application protocol (WAP) downloads, Web browsing, business data solutions, songs, games, television access, voice mail, conference calling, chats and other content and services. The Company provides interconnection services to fixed line and mobile service providers as well.

BRIEF: For the nine months ended 30 September 2009, TIM Participacoes SA's total revenue increased 1% to R$9.65B. Net loss for the period decreased 52% to R$98.5M. Total revenue reflects an increase in demand for the Company's products and services. Lower net loss for the period reflects a decrease in administrative expenses as well as an increase in financial and other operating revenues and improved gross margins.