CIOXY Cielo SA (PK)

BARUERI, Brazil, Feb. 8, 2012 /PRNewswire/ -- Cielo S.A. (BM&FBOVESPA: CIEL3 / OTC: CIOXY) announces today its results for the fourth quarter of 2011.

4Q11 Highlights:

• Transaction financial volume as per the market criterion totaled R$95.1 billion, up 25.9% or R$19.5 billion year-on-year and up 18.1% or R$14.6 billion quarter-on-quarter; under the accounting criterion, volume was R$91.2 billion, up 23.2% year-on-year and 14.4% quarter-on-quarter;

• Cielo gained market share, which reached 59.5% considering only the market leaders;

• Total revenues (net operating + prepayment of receivables) totaled R$1.383 billion, up 20.5% or R$235.2 million year-on-year and 14.2% or R$172.1 million quarter-on-quarter;

• POS rental revenue increased, up 8.7% over 3Q11, with an average rental of R$67/month per POS;

• Adjusted EBITDA of R$833.2 million, up 16.4% or R$117.3 million year-on-year up 12.4% or R$92.1 million quarter-on-quarter;

• Adjusted EBITDA margin at 60.2%, down 2.2 p.p. year-on-year and 1.0 p.p. quarter-on-quarter;

• Cielo's net income totaled R$504.5 million, up 13.8% or R$61.2 million year-on-year and up 10.3% or R$47.0 million quarter-on-quarter;

• Cielo's net margin was at 36.5%, down 2.1 p.p. year-on-year and 1.3 p.p. quarter-on-quarter;

2011 Highlights:

• Transaction financial volume under the market criterion totaled R$320.4 billion, up 22.0% or R$57.7 billion over 2010; under the accounting criterion, the volume was R$315.8 billion, up 20.7% or R$54.2 billion;

• Total revenues (net operating + prepayment of receivables) totaled R$4.795 billion, up 10.1% or R$441.0 million as compared to the previous year;

• Adjusted EBITDA of R$2.975 billion, up 1.7% or R$49.3 million in the year;

• Cielo's net income totaled R$1.810 billion, down 1.0% or R$19.0 million as compared to 2010.

• In 2011, Cielo had the best stock performance in Latin America, with 53.2% appreciation including remuneration adjustments (according to a December 2011 study by Economatica).

• Adhesion to the Global Compact.

Click on the link below to open the earnings release:

http://www.mzweb.com.br/visanet/web/arquivos/20120207_Cielo_ER_4T11_eng.pdf

4Q11 Earnings Conference Call

February 9, 2012

ENGLISH

9:00 a.m. (NY) | 12:00 p.m. (Brasilia)

Phone: +1 412 317 6776

Code: Cielo

http://webcast.mz-ir.com/publico.aspx?codplataforma=3423

PORTUGUESE

10:30 a.m. (Brasilia) | 07:30 a.m. (NY)

Phone: +55 11 4688 6361

Code: Cielo

http://webcast.mz-ir.com/publico.aspx?codplataforma=3422

Contact

Roberta Noronha

Andre Cazotto

Tel: + 55 11 2596 1701

SOURCE Cielo S.A.