NETC Announces the Payment of Net Sul's Notes

NETC Announces the Payment of Net Sul's Notes

SAO PAULO, Brazil, April 5 /PRNewswire-FirstCall/ -- Net Servicos de Comunicacao S.A. (Nasdaq: NETC; Bovespa: NETC4 and NETC3; and Latibex: XNET) the largest Pay-TV multi-service operator in Latin America, and an important provider of bi-directional broadband Internet access (Virtua), publicly announces, under the terms of Instruction # 358/02 issued by CVM - Brazilian Securities Commission, that today the Company accomplished the full prepayment of the financial indebtedness issued under the terms of the capital restructuring process liquidating the Senior Secured Notes and the Senior Secured Floating Rate Notes (together "Notes") issued by Net Sul Comunicacoes Ltda. ("Net Sul"), a subsidiary of NET fulfilling clause 3.3.1 ("Use of Proceeds") of the 5th debentures issuance indenture.

Source: Net Servicos de Comunicacao S.A.

CONTACT: Net Servicos Investor Relations, Marcio Minoru,
+5511-2111-2811, minoru@netservicos.com.br, or Sandro Pina, +5511-2111-2721,
sandro.pina@netservicos.com.br

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