Productivity increases by more than 30% in Tecon Santos over December 2010

The strong increase in international trade, the appreciation of the Brazilian Real and Santos Brasil's continuous investments in infrastructure, technology and people were reflected in the Company's 1Q11 handled container volume numbers. Between January and March, the Company's terminals - Tecon Santos (SP), Tecon Imbituba (SC) and Tecon Vila do Conde (PA) - handled 226,999 containers, a substantial 30.8% up on the first three months of 2010.

In the first quarter of 2011, Santos Brasil's EBITDA (earnings before interest, taxes, depreciation and amortization) increased by 87.7% over 1Q10 to R$102.5 million, accompanied by an  EBITDA margin of 40.3%. Recurring EBITDA, which excludes provisions for non-recurring expenses, totaled R$107.2 million, with a margin of 42.1%, 96.9% up year-on-year.

Santos Brasil, the country's largest container operator and logistics provider, recorded a net income of R$ 865.5 million in 2010, an increase of 31% compared with the R$ 660.8 million recorded in 2009. Net profit for the period was R$ 112.0 million - a 72% increase compared with the result for the previous year. The recurring EBITDA (earnings before interest, tax, depreciation and amortization), which does not consider costs with provision for non-recurring expenses, was R$ 328.1 million, with a 37.9% margin and a 49.3% increase on 2009.

Santos Brasil will sponsor one of the world's greatest theater performances to take place on the beach: The Encenação da Vila de São Vicente. The historical reenactment that tells the story of the foundation of the first city in Brazil, which has been held for twenty-nine years, this year gained the approval of the Ministry of culture to apply for resources through the Federal Law for the Promotion of Culture (Rounet). Santos Brasil selected the project as part of its strategy of investing in actions of socioenvironmental responsibility geared towards the communities in its area of influence.

Santos Brasil has developed its own management and tax reconciliation system, called SAFI (Tax Administration System). This pioneering solution was put into operation at the Distribution Centers of the company in São Bernardo do Campo and Jaguaré (SP). The decision to invest in its own project is due to the growth of the company, which has been winning new clients, and the difficulty of finding a tool on the market that would meet all the requirements that the logistics operations demand, in order to fulfill the various tax regulations governing the activities of storage and transport handling for the whole national territory.

In the period July to September 2010, Santos Brasil Participações S.A., the country's largest container operator, reported an increase of 45% (compared with same period of 2009) in the volume of containers handled in three container port terminals - Tecon Santos, Tecon Imbituba and Tecon Vila do Conde. The total was 276,339 containers - with 78% full containers - a record for the company. In the accumulated total for the year, the volume of containers operated by the company on the wharf reached 664,585, a 28.4% increase over the same period of 2009, with a 32.4% increase in the total for full containers.

Santos Brasil Participações S.A., largest container operator in the country, closed the period July to September 2010 with the highest EBITDA (earnings before interest, taxes, depreciation and amortization) ever accounted for a three-month period in the company's history: R$ 106.6 million, with a profit margin of 43.6%. This value represents 75.6% growth compared with the result for the same quarter of 2009 (R$ 60.7 million). In the accumulated total for the first nine months of 2010, the EBITDA was R$ 232 million, 45.5% higher than for the same period of  the previous year.

Santos Brasil takes another step in the logistics sector, with the inauguration of its second distribution centre (DC) and the addition of two major clients to its portfolio: Mercedes-Benz and +Próxima. The new structure to be inaugurated in the second fortnight of October, in the district of Jaguaré, will increase the storage capacity of its business unit Santos Brasil Logística by 65%, and double the number of employees in the area of distribution.