Contax Participacoes S.A. will be added to Brazil Special Corporate Governance Stock Index.

Contax Participacoes S.A. will be added to Brazil Special Tag Along Stock Index.

Contax Participacoes S.A. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported net revenues of BRL 897,355,000 against BRL 906,912,000 for the same period last year. EBITDA was BRL 94,554,000 against BRL 89,035,000 for the same period last year. EBIT was BRL 37,701,000 against BRL 40,281,000 for the same period last year. Income before income taxes was BRL 20,207,000 against BRL 18,435,000 for the same period last year. Net income from ongoing operations was BRL 13,800,000 against BRL 15,871,000 for the same period last year. Net income was BRL 13,765,000 or BRL 0.21 per share against BRL 13,186,000 or BRL 0.20 per share for the same period last year. Capex was BRL 46.7 million against BRL 70.6 million for the same period last year. Net debt was BRL 677,118,000 against BRL 626,648,000 a year ago. For the full year, the company reported net revenues of BRL 3,619,013,000 against BRL 3,111,763,000 for the same period last year. EBITDA was BRL 368,446,000 against BRL 251,377,000 for the same period last year. EBIT was BRL 162,836,000 against BRL 92,736,000 for the same period last year. Income before income taxes was BRL 78,949,000 against BRL 46,306,000 for the same period last year. Net income from ongoing operations was BRL 44,313,000 against BRL 34,027,000 for the same period last year. Net income was BRL 44,527,000 or BRL 0.69 per share against BRL 20,919,000 or BRL 0.33 per share for the same period last year. Capex was BRL 146.9 million against BRL 177.5 million for the same period last year. Net debt was BRL 677,118,000 against BRL 626,648,000 a year ago. Net cash flow generated in operating activities was BRL 397,998,000 against BRL 244,069,000 for the same period last year. Acquisition of fixed assets was BRL 146,982,000 against BRL 177,923,000 for the same period last year. The company proposed payment of dividends totaling BRL 100 million in 2013, which will be resolved at the Annual Shareholders' Meeting. If approved, the amount per common and preferred shares will be BRL 1.5544, representing a dividend yield of 6.3% over the closing price in 2012. The company expects that 2013 does hold some major challenges in relation to expanding the integration of sales efforts among the Group's several business fronts. The company intends to make considerable progress in this area and take advantage of opportunities for integrated offerings between Contax's various companies. The company intends to invest around BRL 200 million in 2013, most of which in technology, in order to achieve differentiated levels of quality with reduced costs, and the opening of a new site in a new city in the Northeast.