SAO PAULO, Brazil, Feb. 21 - Companhia de Concessoes Rodoviarias (CCR), Brazil’s largest road concession operator, announces today its results for the fourth quarter and year of 2007. Unless otherwise stated, all financial and operating data herein are audited and presented on a consolidated basis in nominal Reais (R$) pursuant to the Brazilian Corporate Law and all comparisons refer to the fourth quarter (4Q06) and year of 2006 (2006).

Main Highlights — Traffic growth grew by 6.9% in the 4Q07 and 6.2% in the year 2007. — Net revenue reached R$ 633.8 million (+11.7%) in the in the 4Q07 and R$ 2,353.0 million (+9.7%) in the year 2007. — EBIT totaled R$ 294.6 million (+26.4%) in the 4Q07 and R$ 1,127.4 million (+31.8%) in the year 2007. — EBIT margin reached 46.5% (+5.4 p.p.) in the 4Q07 and 47.9% (+8.0 p.p.) in year to date terms. — EBITDA came to R$ 376.6 million (+16.7%) in the 4Q07, and R$ 1,454.3 million (+20.6%) in year to date terms. — EBITDA margin reached 59.4% (+2.5 p.p.) in the 4Q07 and 61.8% (+5.6 p.p.) in year to date terms. — The number of AVI users rose 33.9%, attaining 908 thousand users versus 2006. — On December 1st 2007, CCR was included in the ISE portfolio for the 3rd consecutive year. — On January 29th 2008, CCR entered into a Purchase and Sale Commitment, for the acquisition of 40% of the capital stock of Concessionaria Renovias S/A. The investment, subject to the conditions precedent and adjustments foreseen in the said Commitment, will amount to R$ 265,000,000.00. — The Company’s Management proposes a complementary dividend payment to its shareholders, referring to 2007, of R$ 0.50 per share, totaling R$ 201.5 million, to be submitted to the approval of a General Shareholders’ Meeting. This payment will complement the early dividend payment made on 08/31/2007 of R$ 0.82 per share, resulting in a payout of 91.2% referring to the fiscal year of 2007 (accrual basis accounting). Financial Highlights 4Q06 4Q07 Change% 2006 2007 Change% (R$ MM) Net Revenue 567.5 633.8 11.7% 2,145.0 2,353.0 9.7% EBIT 233.1 294.6 26.4% 855.7 1,127.4 31.8% EBIT Margin 41.1% 46.5% +5.4%p.p. 39.9% 47.9% +8.0p.p. EBITDA 322.7 376.6 16.7% 1,206.3 1,454.3 20.6% EBITDA Margin 56.9% 59.4% +2.5p.p. 56.2% 61.8% +5.6p.p. Net Income 232.7 136.0 -41.6% 547.3 583.6 6.6% Net Debt/ EBITDA LTM 0.94x 0.84x - 0.94x 0.84x - EBITDA / CAPEX 2.48x 2.57x - 2.62x 2.84x - EBITDA / Interest 5.48x 4.99x - 6.13x 5.91x -

Comments from the CEO

Renato Alves Vale: We are glad to announce to our shareholders and the market the excellent results CCR achieved in 2007.

The economic growth in the period resulted in an important traffic increase in our highways, which combined with constant search for operating excellence, led to the expansion of our margins. Accordingly, for a net revenue growth of 9.7%, EBITDA went up 20.6%, and EBITDA increased from 56.2% to 61.8%.

Attesting to our commitment to maximize return to our shareholders, the dividend payment for 2007 grew by 8.0 p.p. in relation to the payout for 2006. The amount of dividend payments grew by R$ 76.5 million, from R$ 455.5 million in 2006 to R$ 532.1 million in 2007.

The Company’s inclusion in the ISE — Bovespa’s Corporate Sustainability Index — for the third consecutive third year demonstrates our economic efficiency, socioenvironmental responsibility and commitment to the best practices of corporate governance. These three pillars demonstrate that CCR is a reference for socially responsible investments.

This year was also marked by the federal highways 2nd phase auction, which CCR did not win in the categories it took part, attesting to our commitment to quality growth, prioritizing capital spending discipline, and the consequent creation of value for the Company and its shareholders.

Also in line with our growth strategy, it is important to underline the acquisition of 10% of Northwest Parkway, in Denver, Colorado. We had a successful partnership with Brisa in this project, and now pursue new investment opportunities in the North-American market.

In 2008, with the execution of the investment agreement for acquisition of 40% of the Renovias concessionaire, I further emphasize the effectiveness of CCR’s growth strategy, and our position as Brazil’s largest highway concession company and one of Latin America’s largest.

Finally, we remain confident in the 2008 outlook in the Brazilian market, as well as the continuous improvement of our current concessionaires results and the attainment of new businesses in the Brazilian and foreign markets, which should offer several business quality growth opportunities.

Upcoming Events Conference Calls English Thursday, February 21, 2008 1:00 p.m. (Brasilia Time) / 11:00 a.m. (US ET) Telephone: +1 (973) 935-8893 Replay: +1 (706) 645- 9291 Code: 32363194 Live Webcast: www.ccrnet.com.br/ir Portuguese: Thursday, February 21, 2008 11:30 a.m. (Brasilia Time) / 9:30 a.m. (US ET) Telephone: 55 11 2101-4848 Replay: 55 11 2101-4848 Code: CCR Live Webcast: www.ccrnet.com.br/ri

Companhia de Concessoes Rodoviarias
CONTACT: Flavia Godoy of Companhia de Concessoes Rodoviarias, +55-11-
3048-5955

Web site: http://www.ccrnet.com.br/
http://www.ccrnet.com.br/ir/

Posted: 02|21|08 at 11:11 am. Filed under: News.