3Q12 Earnings Results

Disclaimer

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This presentation may contain certain forward-looking projections and trends that neither

represent realized financial results nor historical information.

These forward-looking projections and trends are subject to risk and uncertainty, and

future results may differ materially from the projections. Many of these risks and

uncertainties are related to factors that are beyond CCR’s ability to control or to estimate,

such as market conditions, currency swings, the behavior of other market participants, the

actions of regulatory agencies, the ability of the company to continue to obtain financing,

changes in the political and social context in which CCR operates or economic trends or

conditions, including changes in the rate of inflation and changes in consumer confidence

on a global, national or regional scale.

Readers are advised not to fully trust these projections and trends. CCR is not obliged to

publish any revision of these projections and trends that should reflect new events or

circumstances after the realization of this presentation.

Agenda

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Highlights

Results Analysis

Perspectives

Highlights

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NET REVENUES:

Increase of 13.3% compared to 3Q11.

EBITDA:

Increase of 4.5% in EBITDA, reaching R$ 860.1 million.

NET INCOME:

Reached R$ 316.8 million, up 18.9% in relation to 3Q11, benefited by increased cash flow

generation and reduction of financial expenses.

ELECTRONIC TOLL COLLECTION:

Electronic toll collections reached 67.6% of total toll revenues, with the number of users of

the STP system expanding by 18.2% compared to September 2011, reaching 3,604,000

active tags.

NEW BUSINESS:

3Q12 was marked by the conclusion of new business acquisition by CCR. Were added to

our portfolio the airports of San José and Curaçao, besides Barcas S.A.

Subsequent Events

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On September 28, 2012, the Board of Directors of CCR approved the payment of 2012

interim dividends. The total ammount of R$ 953,417,088.00 (nine hundred fifty-three

million, four hundred and seventeen thousand and eighty-eight reais), representing R$

0.54 (fifty-four cents of reais) per share.

In October 2012, AutoBan concluded its 4th issue of debentures, in two series, in the

amount of R$ 1.1 billion, making it possible to stretch out its short-term debt.

On October 22, 2012, CCR concluded the acquisition of ownership interests in the

International Airport of Curaçao through the investment of US$ 24,500,000.00.

Earnings Highlights

Profit growth of 18.9% despite the temporary contraction in EBITDA margin...

...as result of nonrecurring expenses and addiction of business in initial phase. 6

Financial Indicators (R$ MM) 3Q11 3Q12 Chg % 9M11 9M12 Chg %

Net Revenues* 1,228.5 1,391.5 13.3% 3,352.1 3,784.8 12.9%

EBIT 652.4 647.0 -0.8% 1,617.4 1,817.8 12.4%

EBIT Mg. 53.1% 46.5% -6.6 p.p. 48.2% 48.0% -0.2 p.p.

EBITDA 823.3 860.1 4.5% 2,146.3 2,390.0 11.4%

EBITDA Mg. 67.0% 61.8% -5.2 p.p. 64.0% 63.1% -0.9 p.p.

Net Income 266.6 316.8 18.9% 604.7 829.7 37.2%

Net Debt / EBITDA LTM (x) 2.3 1.9 - 2.3 1.9 -

EBITDA / Performed investments (x) 4.4 4.1 - 4.0 5.2 -

EBITDA / Interes and Monetary Variation (x) 3.3 5.5 - 3.1 4.8 -

* Net Operational Revenues excludes Construction Revenues.

3Q07 3Q08 3Q09 3Q10 3Q11 3Q12

142,565 156,084

178,663

224,970 248,936 256,560

Traffic – Quarter Change

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Consolidated – Equivalent Vehicle

Revenue and Traffic 3Q12 X 3Q11 (%)

AutoBAn NovaDutra Rodonorte Ponte ViaLagos ViaOeste Renovias Rodoanel SPVias

2.80.1

12.4

1.5

16.2

1.3 2.1 2.6

8.76.9

5.0

16.7

8.2

16.7

5.27.2

9.9

13.6

Traffic Toll Revenues

AutoBan29.6%

NovaDutra18.3%

ViaOeste14.1%

RodoNorte9.2%

SPVias8.1%

STP3.4%

RodoAnel3.3%

ViaQuatro2.8%

Ponte2.6%

Barcas2.5%

Renovias2.3%

Controlar1.6% ViaLagos

1.4% Airports0.9%

Others0.1%

3Q09 3Q10 3Q11 3Q12

57% 61% 66% 68%

43% 39% 34% 32%

Eletronic Cash

Payment Revenue Indexer

Gross Operating Revenues

Revenue Analysis

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Revenue Breakdown

IGPM58%

IPCA42%

3Q09 3Q10 3Q11 3Q12

95% 93% 91% 87%

5% 7% 9% 13%

Toll Others

3Q11 Depreciation and

Amortization

Third-Party Services

Concession fee costs and antecipated

expenses

Personnel Costs

Construction Costs

Maintenance Provision

Other Costs 3Q12 Ex New Business

Ex Nonrecurring

3Q12Ex New

Business

and ExNonrecurring

715

896

7643524 4

33 13 765 (85)

(47)

Total Costs

Reduction

Costs Evolution (3Q11 X 3Q12)

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Total Costs (R$ MM)

+ Traffic New Business

92%

16% 5% 28% 9% 17%

25%

33% 6%

Nonrecurring Adjustment in the

maintenance contract

Quito Airport consolidation

Review of maintenance cycle

¹ Effects of the results consolidation of the International Airports of Quito and San José, Barcas and Transolímpica (new business) in 3Q12.

² Relating to internacional expansion in the period and payment of an lawsuit agreement.

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Financial Results Highlights

Better financial results reflects the drop in Selic rate and...

...an active management of liabilities with attractive refinancing for the company. 11

Net Financial Result (270,6) (153,6) -43,3% (685,8) (525,5) -23,4%

- Income from Hedge Operation 9,3 0,4 -95,5% (23,4) 17,8 -176,0%

- Monetary Variation (8,1) (5,6) -31,5% (34,0) (21,2) -37,5%

- Exchange Rate Variation (63,3) (2,6) -95,9% (21,6) (43,8) 102,8%

- Present Value Adjustment of Maintenance Provision (17,0) (12,1) -28,7% (55,0) (40,4) -26,5%

- Interest on Loans, Financing and Debentures (241,9) (157,1) -35,1% (652,0) (497,7) -23,7%

- Others (Interest and Investment Income) 65,1 34,7 -46,6% 154,9 100,4 -35,2%

- Other Financial Expenses1 (14,7) (11,3) -22,8% (54,7) (40,6) -25,8%

¹ Comissions, fees, taxes, f ines and interest on taxes

3Q11 3Q12 Chg % 9M11 9M12 Chg %Net Financial Result (R$ MM)

CDI80.6%

USD13.2%

TJLP3.7%

IPCA1.5%

IGP-M1.0%

Debt in September 30, 2012

Gross debt by indexer

Amortization Schedule (R$ 000)

• Total gross debt: R$ 7.9 B

• Net debt/ EBITDA: 1.9X

•Increase from 11.1% in USD

(2Q12) to 13.2% in debt mix due to

the cosolidation of Quito and San

José airports and Barcas (46.9% of

USD debt)

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2012 2013 2014 2015 2016 2017 to 2025

1,493 1,602

938 949 1,326

88

31 265

82 86

90

492

1,548

2,057

1,170 1,100

1,475

599

CDI USD Others

Debt

Reduction of leverage indexes...

...due to strong cash generation and maturation of recent projects.

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Net Debt/ EBITDA LTM

1.5 1.51.6

1.9

2.5

2.32.2

2.3

2.11.9

Net Debt/EBITDA (x)

3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12

4,169

5,633 5,565 5,6306,186 6,152

5,8936,330 6,344

Net Debt (R$ MM)

1.9

2.5

2.32.2

2.3

2.1

1.92.0 1.9

2.2%

4.2%

4.8%

3.8% 3.9%

5.0%4.6% 4.7%

3.9%

16%

58% 61% 65%

92%85% 85%

127%

90%

-70%

-20%

30%

80%

130%

1,5%

2,5%

3,5%

4,5%

5,5%

6,5%

7,5%

Div. Yield Payout

2003 2004 2005 2006 2007 2008 2009 2010 2011

183

263

500547

580

714 709672

899

Net Debt

2.2%

4.2%

4.8%

3.8% 3.9%

5.0%

4.6% 4.7%

3.9%

16%

58% 61% 65%

92%85% 85%

127%

90%

-70%

-20%

30%

80%

130%

1,5%

2,5%

3,5%

4,5%

5,5%

6,5%

Div. Yield Payout

Commitment to pay at least 50% of net income as dividends to shareholders.

Dividends (Cash)

1 Considers the average share price in the year

Dividends 2012

0.06

0.54 Interim

Complementary

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2012 Cash dividends paid per share

Milestone Concession Awarded Acquisition Concession Extension

IPO

(2002) STP

(2003) Follow-on

(April 2004) ViaOeste

(October 2004) RodoNorte

(2005)

AutoBAn +

ViaOeste

Concession

Extension (2006) ViaQuatro

(2006)

USA

(2007)

(2008) RenoVias

RodoAnel

(2008)

Controlar

(2009)

Follow-on

(2009)

SP VIAS

(2010)

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Via Lagos

Concession

Extension (2011)

2012:

• Airports: Quito, San

José and Curaçao

• Barcas

• Transolímpica

Track Record

CCR Track Record: diversification and new bids

Thank you

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Social and educational program

‘Estrada para a Cidadania’

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11 million of indirect participants

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

10,000 15,000 45,000 45,000 112,000 132,000 135,000 140,000 140,000 145,000 350,000 450,000

400 500 2,200 2,600 3,800 4,000 4,500 6,000 6,000 6,500 13,300 14,000

600,000

1.5 million students since the beggining of the program

Students Teachers Drivers

‘Estrada para a Cidadania’

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Social and health program

‘Estrada para a Saúde’

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In our structures, are performed more than 1,600 attendances per month.

190m² of resting area for truck

drivers.

attendances/month

260m² of resting area for truck

drivers.

attendances/month

‘Estrada para a saúde’

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Thank you