CCR Announces Results of the 1Q11

CCR S.A. (CCR), Brazil's largest road concession operator in terms of revenue,
announces its results for the first quarter of 2011.


Presentation of the Results

The Quarterly Financial Statements (ITR) were prepared and are being presented
in accordance with accounting practices adopted in Brazil ("CPC") for the Parent
Company and the International Financial Reporting Standards ("IFRS"), as issued
by the International Accounting Standards Board ("IASB"), for the Consolidated
results, as well as pursuant to the conditions contained in the Brazilian
Corporate Law, the rules established by the Securities Exchange Commission
("CVM") and the Pronouncements issued by the Accounting Pronouncements Committee
("CPC"), consistently applied to the accounting practices described in
Explanatory Note 3 with regard to the Company's quarterly information herein
presented.


Unless otherwise stated, all financial and operating data herein presented are
on a consolidated basis in thousands of Reais (R$) pursuant to Brazilian
Corporate Law and all comparisons referred to 1Q10.


The independent auditors did not review non-financial information as well as
other operating information.


The values presented take into consideration the changes introduced by the IFRS
and their respective impacts, as described in the "IFRS Conceptual Supplement"
which is available on our website together with Press Releases for 2010.


Highlights

- Net Revenue was R$ 1,043.4 million (+24.6%). Of this total, SPVias contributed
R$ 85.9 million.


- EBIT totaled R$ 483.5 million (+11.0%), with a margin of 46.3% (-5.7 p.p.).
Excluding the maintenance provision, pro-forma EBIT was R$ 536.8 million
(+21.9%), with a margin of 51.5%.


- EBITDA totaled R$ 662.0 million (+24.8%), with a margin of 63.4%.

- Net Income totaled R$ 175.2 million (-1.1%).

- Consolidated traffic grew by 17.2% in 2010. On comparable basis, traffic
registered a 9.1% increase.


- The number of AVI (electronic toll system) users rose by 35.4 %, totaling
2,726,000 active tags.


- On April 19, 2011 a supplemental payment of dividends relating to the year of
2010, proposed by the Company's management, of R$ 0.228309/share, was paid out
as of April 29. Taking into consideration the advance payment of dividends made
on September 30, 2010 of R$ 1.70/share, the result of our payout was 126.7% for
fiscal 2010.


- The Company's results include the impact of Controlar, ViaQuatro and SPVias
projects that have recently been incorporated and/or are currently in the ramp
up phase.


Comments from the CEO

Renato Alves Vale: "It is with great satisfaction that we once again present our
shareholders, the market, employees, users and the public in general with the
results obtained by CCR for the first quarter of 2011.


"The performance of the Brazilian economy continues to support the results
presented by CCR. In 1Q11, we observed a cooling off of the growth of traffic
due to the slowdown of the economy, resulting in an increase in consolidated
traffic of 17.2% compared to the same period of the previous year. On comparable
bases (same concessions) the growth was 9.1%.


"This performance made it possible for CCR to continue to meet its commitment to
distribute dividends to its shareholders, with the payment of intermediate
dividends of R$1.70/share, totaling R$ 750.4 million, last September and, also,
taking into account the supplemental distribution of dividends of R$
0.228309/share in April of this year totaling R$ 100,775,000, we reached a
payout of 126.7% for the fiscal year of 2010.


"Finally, we continue to be encouraged by future prospects in view of the
positive economic scenario of Brazil and its potential demands for the
development of infrastructure and the expectation of new growth opportunities
due to the World Cup (2014) and the Olympic Games (2016), always prioritizing
capital discipline and, consequently, the creation of value for the Company and
its shareholders, thus contributing to the socio-economic development of our
country."


Next Events

Conference Calls

In Portuguese:
Tuesday, May 17, 2011
1 p.m. Sao Paulo / 12 noon New York
Telephone: (11) 4688-6361
Code: CCR
Replay: (11) 4688-6312
Code: 2442405
Webcast: http://webcall.riweb.com.br/CCR/2011/1T/index.asp

In English:
Tuesday, May 17, 2011
2:30 p.m. Sao Paulo / 1:30 p.m. New York
Brazil: (11) 4688-6361
USA: (+1) 888-700-0802
Other Countries: (+1) 786-924-6977
Code: CCR
Replay: (11) 4688-6312 / Codigo: 4481849
Webcast: http://webcall.riweb.com.br/CCR/2011/1T/english/index.asp
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