NET Announces Agreements With Certain Shareholders of VIVAX and Conference Call Invitation

NET Announces Agreements With Certain Shareholders of VIVAX and Conference Call Invitation

SAO PAULO, Brazil, Oct. 12 /PRNewswire-FirstCall/ -- Net Servicos de Comunicacao S.A. (Bovespa: NETC3 and NETC4; Nasdaq: NETC; and Latibex: XNET) -- "Company" or "NET", today announced the execution of agreements between NET and certain shareholders of VIVAX S.A. ("VIVAX"), where by NET will initially acquire a minority interest and subsequently acquire control of VIVAX. Please see http://www.ri.netservicos.com.br/ for details.

Conference Calls Invitation

Portuguese
Friday, October 13, 9:00 a.m. -- US Eastern Time (New York)
All Participants: (+55 11) 2101-4848
Conference Call ID: NET

English
Friday, October 13, 10:00 a.m. -- US Eastern Time (New York)
All Participants: +1(973) 935-8893
Conference Call ID: 7991377

For further information, please contact NET Investor Relations Area: ri@netservicos.com.br, or visit the Investor Relations Website: http://www.ri.netservicos.com.br/.

About NET

Net Servicos de Comunicacao S.A. (Bovespa: NETC3 and NETC4; Nasdaq: NETC; and Latibex: XNET) is the largest cable operator in Brazil through its operating subsidiaries in the States of Sao Paulo, Rio de Janeiro, Minas Gerais, Rio Grande do Sul, Santa Catarina, Parana, Mato Grosso do Sul, Pernambuco and Distrito Federal. Has approximately 1,662.0 thousand connected Pay TV subscribers and 532.2 thousand broadband subscribers.

First Call Analyst:
FCMN Contact: Solange.Taita@prnewswire.com.br

Source: Net Servicos de Comunicacao S.A.

CONTACT: Rodolfo Zabisky, +5511-3186-3770

Web site: http://www.ri.netservicos.com.br/

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