Disclaimer 1

Disclaimer This presentation contains certain statements that are neither reported financial results or other historical information. They are forward-looking statements. Because these forward-looking statements are subject to risks and uncertainties, actual future results may differ materially from those expressed in or implied by the statements. Many of these risks and uncertainties relate to factors that are beyond CCR’s ability to control or estimate precisely, such as future market conditions, currency fluctuations, the behavior of other market participants, the actions of governmental regulators, the Company's ability to continue to obtain sufficient financing to meet its liquidity needs; and changes in the political, social and regulatory framework in which the Company operates or in economic or technological trends or conditions, inflation and consumer confidence, on a global, regional or national basis. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this document. CCR does not undertake any obligation to publicly release any revisions to these forward looking statements to reflect events or circumstances after the date of this presentation. 2

São Paulo, October 21, 2011 Infrastructrure: It’s from here that Brazil will arrive there......

Agenda Introduction and Welcome | Renato Vale Opportunities in Rio de Janeiro | Luiz Fernando de Souza Pezão - Vice-Governor of RJ Registration and Breakfast 8:00 8:30 1 8:45 2 9:45 3 10:40 4 Ground Transport Infrastructure in Brazil | Bernardo Figueiredo - Diretor Geral of the ANTT Coffee Break 11:10 5 Opportunities and Accomplishents of Current Business | Italo Roppa and José Bráz Overview of New Business and Qualified Growth - New opportunities | Leonardo Vianna -Financial Strategy | Arthur Piotto 11:55 6 13:25 7 13:35 8 Conclusions and Closing Message Questions and Answers Lunch 13:50 9

Introduction and Welcome . Renato Vale 1

With Simple Assumptions… Looking back... * Without SPVias and ViaQuatro EBITDA 2010EFY Market Consensus R$ 2,350 mi EBITDA 2009 R$ 1,960 mi +20% Ebitda 1.5x PIB de 5% = +7.5% Traffic per year Growth of Traffic 5% per year Expected Inflation Growth  40% 2% Gain of Margin Operational Leveraging EBITDA 2013 E* R$ 3,3 bi R$ 3.5 bi

* Without SPVias and ViaQuatro R$ 3.0 bi EBITDA 2011E With Simple Assumptions… Looking back... EBITDA 2011E Market Consensus R$ 2,350 mi EBITDA 2009 R$ 1,960 mi +20% Ebitda We have the potential to add up to 60% EBITDA by 2013 without any new project or acquisition + R$ 350 M SPVias + R$ 150 M ViaQuatro EBITDA 2013E R$ 3.8 bi EBITDA 2013 E* R$ 3.3 bi R$ 3.5 bi

... and what’s more, with new opportunities... With Simple Assumptions… Looking back... Urban Mobility Highway concessions World Cup / Olympics EBITDA 201E Market Consensus R$ 2,350 mi EBITDA 2009 R$ 1,960 mi +20% Ebitda We have the potential to add up to 60% EBITDA by 2013 without any new project or acquisition + R$ 350 M SPVias + R$ 150 M ViaQuatro EBITDA 2013 FY R$ 3.8 bi EBITDA 2013 FY* R$ 3,3 bi R$ 3.5 bi EBITDA 2013E* R$ 3.0 bi

Aeroportos Qualified growth bass People Sustainability + R$ 350 M ViaQuatro + R$ 150 M ... and what’s more, with new opportunities... With Simple Assumptions… Looking back... EBITDA 201E Market Consensus R$ 2,350 mi EBITDA 2009 R$ 1,960 mi +20% Ebitda We have the potential to add up to 60% EBITDA by 2013 without any new project or acquisition SPVias EBITDA 2013 FY R$ 3.8 bi EBITDA 2013 FY* R$ 3,3 bi R$ 3.5 bi EBITDA 2013E* R$ 3.0 bi Urban Mobility Highway concessions World Cup / Olympics

People Leadership Development Program (PDL) Received award as largest international association of highway concessionaires. Its main objective is to develop leaders for the competencies of the CCR Group, preparing them for the challenges of qualified growth, ensuring a balance of interests and agreed upon results, preserving business security. 215 participants With a large presence of more than 95% of the audience. More than 320 hours of training Workshops on Corporate Governance, Organization and People, Corporate Management: Finance, Business Administration: Planning and Oversight.

Reconhecimento IBTTA AWARDS 2011 Professional Training Program – Trainees Program 2011-2012 More than 6,500 registrations to hire 22 new employees. Areas of training: Business Administration, Accounting Sciences, Computing Economics, Engineering and Systems Analysis. ,[object Object],[object Object],[object Object],[object Object],[object Object]

Sustainability Insertion of the Sustainability subject into the company’s strategy ,[object Object],[object Object],[object Object],[object Object],[object Object],Implementation, dissemination and promotion of the 10 principles of the Global Compact Joining the Global Compact 2010 Annual and Sustainability Report ,[object Object],[object Object],[object Object],[object Object]

CCR Investment with all the Laws of Incentive . CCR Investment per year 2003 970 R$ (million) R$ Thousand 2004 1.695 2005 3.771 2006 +ISS 3.654 2007 + Law of sport 5.166 2008 + FUMCAD 7.519 2009 9.491 2010 14.181 CAGR 46.7% a.a.

CCR Private Social Investment without Incentive Laws . CCR Investment per year (without incentive) Investments reached more than R$ 17 million in 4 years R$ (thousand) 2007 + 2.420 2008 4.676 2009 5.144 2010 5.658

CCR Private Social Investment Consolidated – with and without Incentive Laws CCR Investment per year (Consolidated) Company’s social investment reachedc more than R$ 64 million in 8 years

Opportunities in Rio de Janeiro. Luiz Fernando de Souza Pezão – Vice-Governor of RJ 2

Ground Transport Infrastructure in Brazil. Bernardo Figueiredo – ANTT General Manager 3

History of Traffic and Trends Marcus Vinícius 4

Comparable Monthly Traffic Growth YoY - % Jan/10 Fev/10 Mar/10 Abr/10 Mai/10 Jun/10 Jul/10 Ago/10 Set/10 Out/10 Nov/10 Dez/10 Jan/11 Fev/11 Mar/11 Abr/11 Mai/11 Jun/11 Jul/11 Ago/11 Set/11 Jan/09 Fev/09 Mar/09 Abr/09 Mai/09 Jun/09 Jul/09 Ago/09 Set/09 Out/09 Nov/09 Dez/09 13.2% 15.2% 20,5% 19.6% 11.2% 16.0% 19.4% 22.0% 17.3% 13.9% 23.5% 24.5% 27.2% 30,6% 28.3% 18.4% 11.7% 10,5% 14.0% 10,8% 9.1% 14.6% 16.3% 21.6% 24.5% 26.1% 12.1% 12.4% 22.4% 23.3% 22.2% 20,1% 20,0%

Comparable Monthly Traffic 1.5 X GDP

Amounts in % Comparable Monthly Traffic

Accomplishments and Opportunities Italo Roppa 5

CCR AutoBAn Anhanguera Complex

AutoBAn Anhanguera Complex CCR AutoBAn ,[object Object],[object Object],[object Object],At the request of ARTESP, the 1st Phase of the Anhanguera Complex was supplemented with additional investments to the contract in the amount of R$ 99 million (base July/2010). The Rebalancing was carried out through retention of the fixed and variable grant, which was started in September /2010.

AutoBAn Anhanguera Complex Merge of km 12+000 - Av. do Anastácio

AutoBAn Anhanguera Complex Improvements of Banks of the Tietê under the Atílio Fontana Bridge

AutoBAn Anhanguera Complex Phase 1 Anhangüera Complex – Finished Construction

CCR ViaOeste CLOVERLEAF PROJECT - JANDIRA CLOVERLEAF

CCR ViaOeste Accomplishments CCR ViaOeste ,[object Object],[object Object],[object Object],[object Object],A total of R$ 185 million (base July/2009) in additional investments to the contract were made. The Rebalancing was carried out through retention of fixed and variable grant, which started in December/2010. Cloverleaf and Marg. Tietê Approved Plan

CCR ViaOeste Cloverleaf Project Jandira Cloverleaf – Approved Plan

CCR ViaOeste Cloverleaf Project

New investments added Investments Appended to Contract (base July/2009) R$ 125 million Total investment – R$ 185 million R$ 48 million R$ 12 million Reconfiguration of Cloverleaf Complex (Stage 1): Cloverleaf for Access to Jandira and Itapevi Improvements in Marginal do Tietê

CCR ViaOeste Project Cloverleaf

Rebalancing compensated by retaining concession award. CCR ViaOeste Project Cloverleaf

Opportunities under Consideration

CCR ViaOeste Projects under Consideration Detail of Arrival from Raposo Tavares into the City of São Paulo Today Rodovia Castello Branco Rodovia Raposo Tavares

CCR ViaOeste Projects under Consideration. Raposo Project Video

CCR AutoBAn Projects under Consideration Phase 1 Phase 2 Phase 3 R$ 185 million R$ 155 million R$ 170 million Total Investment – R$ 510 million Jundiai Project Nova Jundiaí SP-330 km 56 to 62

ViaQuatro Projects under Consideration – Taboão da Serra Operation of 6 Stations between Butantã and Luz – in service Operation of 11 Stations between Vila Sonia and Luz – start of implementation – scheduled 2014 Operation of extension from Vila Sonia to Taboão da Serra: by bus or rail (extension of tunnel with two stations) – development of conceptual plan 480,000 Passengers per business day October 20 Implementation of YELLOW LINE 4

Building YELLOW LINE 4 - Line 4 Extension Taboão da Serra

Line 4 Extension Taboão da Serra ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Extension by rail from Vila Sonia to Taboão da Serra

ViaQuatro Projects under Consideration - Taboão da Serra

Transportation Network Map Metropolitanos de São Paulo.

Line 4 – Yellow Phase 3 Characteristics of project. Taboão da Serra Jardim Jussara Vila Sônia São Paulo- Morumbi Butantã Pinheiros Faria Lima Fradique Coutinho Oscar Freire Paulista Higienópolis- Mackenzie República Luz Pátio Vila Sônia

Accomplishment s and Opportunities José Bráz 5

Current Portfolio Accomplishments. CCR NovaDutra ,[object Object],[object Object],Contractual Amendments Signed by the Concessionaire in 2010 and 2011:

Ser Service road construction work/Work underway S. João do Meriti/Nova Iguaçu Accomplishments CCR NovaDutra

s Pindamonhanghaba Cloverleaf CCR NovaDutra Accomplishments

Baixada Fluminense Service Roads CCR NovaDutra Accomplishments

Rio de Janeiro Service Roads CCR NovaDutra Accomplishments

São José dos Campos Service Roads CCR NovaDutra Accomplishments

Current Status Current Portfolio Opportunities under Consideration. ,[object Object],[object Object],[object Object],[object Object],R$ 1.5 bi CCR NovaDutra New ascent of the Serra das Araras and Service Roads in São Paulo, Rio and São José. R$ 205M CCR Ponte Direct link of Bridge with the Red Line, with extension of approximately 2.3 Km.

BR 101 / ES / BA Key Data. Purpose ,[object Object],[object Object]

Multiple Opportunities for Investment. Consolidation (Secondary Market) Urban Mobility Highway Concessions in various States Federal Concession Program Related Business

Múltiplas Oportunidades de Investimento. Alguns Projetos em Negociação Consolidation (Secondary Market)

Multiple Opportunities for Investment. BR 101 – Bidding in Nov/11 BR-116/BR-040/BR-381(MG) in 2012 Federal Concession Program

Multiple Opportunities for Investment. VLT – Porto Maravilha Subways in State Capitals | World Cup Urban Mobility

BR 101 / ES / BA Key Data. Procedure Data from ANTT viability study (base Jan / 2009) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

BR 101 / ES / BA Key Data. BR- 040 (DF/GO/MG) Juiz de Fora - Brasília BR- 116 (MG) - Além Paraíba - Divisa MG / BA BR- 101 (ES) / Mucuri (BA) Extension (km) Total Investment 936.8 R$ 3.3 bi Extension (km) Total Investment 817.0 R$ 4.2 bi Extension (km) Total Investment 301.0 R$ 2.5 bi

VLT Network Rio de Janeiro. Network at a Glance Extension Single Line 28 km Nº de Stations and Stops 42 Fleet 32 Average Distance between Stations 400 m Data in 2016 Average daily demand 150,000 Average annual revenue R$ 150 million Total Investment Investment R$1,200 million

VLT Network Rio de Janeiro. VLT Video

Segment between Avenida Brasil and Avenida Salvador Allende, in city of RJ Transolimpica Key Data. Investment ,[object Object],35-year concession with 4 years at start for implementation of the Route (start projected for 1st half of 2012) Date of Bidding: 09/11/2011 Key Data of Route ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Multiple Opportunities for Investment. Other urban transit projects in São Paulo São Paulo Subway CPTM Line 17 (Monorail) Jabaquara - Morumbi Gold Line 02 (Monorail) Vila Prudente - Cidade Tiradentes Green Line 15 (Monorail) Vila Prudente - Ticoatira Line 20 (Monorail) Lapa - Agua Espraiada Line 06 Orange Jundiaí Train São Paulo - Jundiaí Express ABC Line 14 (Airport Express) Estação Luz - Cumbica Line 13 (Guarulhos Train) Estação Braz –Cecap Bandeirantes Express Campinas - São Paulo -SJC Line 05 Purple

Multiple Opportunities for Investment. Other urban transit projects in São Paulo São Paulo Subway CPTM Line 17 (Monorail) Jabaquara - Morumbi Gold Line 02 (Monorail) Vila Prudente - Cidade Tiradentes Green Line 15 (Monorail) Vila Prudente - Ticoatira Line 20 (Monorail) Lapa - Agua Espraiada Line 06 Orange Jundiaí Train São Paulo - Jundiaí Express ABC Line 14 (Airport Express) Estação Luz - Cumbica Line 13 (Guarulhos Train) Braz –Cecap Station Bandeirantes Express Campinas - São Paulo -SJC Line 05 Purple

Multiple Opportunities for Investment.

Multiple Opportunities for Investment. Other urban transit projects in São Paulo São Paulo Subway CPTM Line 17 (Monorail) Jabaquara - Morumbi Gold Line 02 (Monorail) Vila Prudente - Cidade Tiradentes Green Line 15 (Monorail) Vila Prudente - Ticoatira Line 20 (Monorail) Lapa - Agua Espraiada Line 06 Orange Jundiaí Train São Paulo - Jundiaí Express ABC Line 14 (Airport Express) Estação Luz - Cumbica Line 13 (Guarulhos Train) Estação Braz -Cecap Bandeirantes Express Campinas - São Paulo -SJC Line 05 Purple

Multiple Opportunities for Investment. Line 06 - Orange

Multiple Opportunities for Investment. Line 17 – Gold – Jabaquara - Morumbi

Multiple Opportunities for Investment. Line 02 – Green – Vila Prudente – Cidade Tiradentes

Multiple Opportunities for Investment. Other urban transit projects in São Paulo São Paulo Subway CPTM Line 17 (Monorail) Jabaquara - Morumbi Gold Line 02 (Monorail) Vila Prudente - Cidade Tiradentes Green Line 15 (Monorail) Vila Prudente - Ticoatira Line 06 Orange Jundiaí Train São Paulo - Jundiaí Express ABC Line 14 (Airport Express) Estação Luz - Cumbica Line 13 (Guarulhos Train) Estação Braz -Cecap Bandeirantes Express Campinas - São Paulo -SJC Line 05 Purple

Multiple Opportunities for Investment. Other urban transit projects in São Paulo São Paulo Subway CPTM Line 17 (Monorail) Jabaquara - Morumbi Gold Line 02 (Monorail) Vila Prudente - Cidade Tiradentes Green Line 15 (Monorail) Vila Prudente - Ticoatira Line 20 (Monorail) Lapa - Agua Espraiada Line 06 Orange Express ABC Line 14 (Airport Express) Estação Luz - Cumbica Line 13 (Guarulhos Train) Estação Braz -Cecap Bandeirantes Express Campinas - São Paulo -SJC Line 05 Purple

Jundiaí Train - São Paulo - Jundiaí Multiple Opportunities for Investment.

Multiple Opportunities for Investment. ABC - Express

PAC Urban Mobility. Federal Government announces start of October investments of R$ 30 billion within Big Cities Urban Mobility PAC. The program will improve urban mobility in the big Brazilian cities via integrated investments in mass transit systems. The main focus of the investments should be on subways, but also included in the package are exclusive bus lanes and VLTs. Investments have already been announced in Belo Horizonte, Curitiba and Porto Alegre. In the coming weeks, other cities will announce their projects, such as Salvador and Brasília.

Multiple Opportunities for Investment. Program for: São Paulo/Minas Gerais/Goiás/ Santa Catarina/R.G.Sul/etc. Highway Concessions in various States

Historical Overview of Results Projection Oct-Dec/11 Base de Tags (#Thousand) CAGR 01-11 43.6% Net Revenues (R$ Thousand) CAGR 01-11 56.1% EBTDA (R$ thousand) 80.1 %

STP contracted advisor to set up process. Seeking partnerships Objective: seek partner to add value and chiefly to bring expertise in administration of credit. Open the possibility of giving a minority share to the new partner. Various proposals were received. The process is still under way. 1 2 3 4

Multiple Opportunities for Investment. Considering only some of the expected opportunities, the pipeline for the next few years is as follows : Urban Transportation Concessions in São Paulo Concessions in Minas Gerais Federal Concession Program Projects for Investment estimated at R$ 5 bi . Projects for Investment estimated at R$ 20 bi . Projects for Investment estimated at R$ 10 bi . Projects for Investment estimated at R$ 9.5 bi . ,[object Object]

Quito Airport ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],2009A 4.8 40E 14.0 10A 5.2 11E 5.4 12E 5.7 13E 6.1 14E 6.4 15E 6.6 20E 7.9 30E 10.5 25E 9.1 35E 12.1 CAGR 09-40:3.5% Total Volume of PAX (million)

San Jose Airport ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],2009A 3.3 40E 8.7 12E 3.5 13E 3.6 14E 4.4 15E 5.1 20E 5.8 30E 7.2 25E 6.5 35E 8.0 CAGR 09-25:6.2% Total Volume of PAX (million)

Curaçao Airport ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Total Volume of PAX (million) 2009A 1.6 2032E 2.9 10E 1.6 11E 1.7 13E 1.7 14E 1.8 15E 1.9 25E 2.5 20E 2.2 30E 2.8 12E 1.7 CAGR 09-32:2.7%

New Airport of São Paulo - NASP ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],2017E 10.5 5.8 2046E 28.1 11.2 39.4 39.4 39.4 34.0 27.9 24.6 19.3 18.1 17.4 16.3 2018E 11.2 6.2 2019E 11.6 6.6 2020E 12.5 6.8 2025E 16.8 7.9 2030E 19.1 8.8 2040E 28.9 10.5 2035E 24.4 9.7 2045E 28.2 11.1 CAGR 17-46:3.1% Total Volume of PAX (million) International Domestic

Bidding for Airports in Brazil Airports of Cumbica, Viracopos, Brasília

About the Auction Purpose ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Key Characteristics: About the Auction Source: Presentation by Civil Aviation Secretariat Airports Total Passengers Estimate for 2011 Amount of Fixed Grant Amount of Variable Grant % Gross Revenues Duration of Concession Total Investment (in duration of concession) 30.8 million 5.4 million 16.2 million R$ 2,293 Million R$ 521 million R$ 75 Million 10 % 5 % 2 % 20 years 30 years 25 years R$ 6,241 million R$ 11,489 million R$ 3,535 million Guarulhos Viracopos Brasília Investment until 2014 R$ 2,074 million R$ 2,131 million R$ 876 million

Overview of New Business and Qualified Growth. Financial Strategy . Arthur Piotto 6

Investment Capacity Financial Strategy Maximum Indebtedness of 3.0x Net Debt / EBITDA Commitment to pay at least 50% of Net Profits as Dividends Growth of Company will be financed by Leveraging

Gross Indebtedness 2Q11 R$MM The leveraging indexes incorporate investments in portfolio expansion ViaQuatro, RodoAnel, Controlar, SPVias... Gross Indebtedness (R$ bi) Net Indebtedness (R$ bi) ...but still do not fully consider the additional generation of cash

Gross Indebtedness 2Q11 R$MM Debt by Index - 2Q11 Evolution of Average Consolidated Cost per Year * Em R$ nominais

Estimated impact of fall in interest rates in DRE Reduction of Selic (CDI) Simulation Selic (CDI) by year Savings in Financial Income) 12.0% 11.5% 11.0% 10.5% 10.0% 19.4 38.9 58.3 77.8 97.2 In 2Q11. consolidated debt, expressed in CDI, came to R$ 5.2 billion, while available cash showed R$ 1.2 billion, invested in CDI.

Investment Capacity Source: Industry analysis The generation of cash in the current portfolio offers sufficient financial autonomy to CCR to develop multiple projects Market Consensus 2011 2012 2013 EBITDA 2,870 3,473 4,019 (-) Investments 1,169 920 805 (-) Taxes 444 578 756 (+) Funds captured - Amortizations 200 88 -20 Shareholder Cash Flow 1,457 2,063 2,438 (-) Dividends 800 828 1.047 Surplus Cash 657 1,234 1,391 Net Debt / Ebitda 2.0 1.6 1.2 Investment Capacithy at 3.0x Net Debt / Ebitda 2.774 4.978 7.234

Dividends We reiterate our commitment to pay out at least 50% of net profits in dividends. Dividends Received ,[object Object],[object Object],Dividend Yield* Payout (Caixa) * Considerando dividendo caixa

Indebtedness Adequate investment capacity Agressive dividend payment practice

CCR In Brazil Bloomberg: 19/10/2011 CCR price quote: R$ 47.90 Local currency change Local exchange rate change against the Real for the year USD: 1,7761

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Why CCRO3 ? Reflection

São Paulo, October 21, 2011 Infrastructure: It’s from here that Brazil will arrive there......

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