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Amilpar Revenues Grow 28% in the First 9 Months of 2008 and 4.5% Over Previous Quarter
Date:11/12/2008

RIO DE JANEIRO, Brazil, Nov. 12 /PRNewswire-FirstCall/ -- Amilpar (BOVESPA: AMIL3, Bloomberg: AMIL3 BZ and Reuters: AMIL3.SA), the largest managed care organization in Brazil, announced today its consolidated results for the third quarter of 2008.

3rd Quarter 2008 Highlights

-- Total membership stood at 3.1 million at the end of September, up 18.2%

on the same period last year and 3.6% higher than the previous quarter.

-- Adjusted Operating Revenues totaled R$ 1,141.2 million in 3Q08,

22.9% more than in 3Q07 and 4.5% higher in relation to the previous

quarter. Nine-month net operating revenues came to R$ 3,230.1 million,

27.9% higher than in 9M07.

-- Adjusted EBITDA came to R$ 71.4 million in 3Q08 (a margin of 6.3%)

and R$ 298.7 million (a margin of 9.2%) in 9M08, compared to

R$ 80.0 million and R$ 269.2 million year-on-year, respectively.

-- The Medical Loss Ratio for membership utilization recorded 68.3% in

3Q08 (against 67.8% in 3Q07) and 67.3% year-to-date (against 68.3%

in 9M07).

-- The Company posted an adjusted Net Income of R$ 42.9 million in 3Q08,

compared to R$ 47.1 million in the same period of last year, and

R$ 211.5 million in 9M08, 31.3% higher than the same period

last year.

-- Net Cash position at the end of 3Q08 totaled R$ 1,129.5 million.

To access the full version of the Earnings Release, visit our website at http://www.amilpar.com.br/ir

Upcoming Events: Conference Calls

English

November 13, 2008 (Thursday)

09:00 AM (New York)

12:00 Noon (Brasilia)

Phone: +1 (412) 858-4600

Code: Amil

Replay: +1 (412) 317-0088

Code: 424882#

Portuguese

November 13, 2008 (Thursday)

12:00 Noon (New York)

3:00 PM (Brasilia)

Phone: +55 (11) 4688-6301

Code:
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SOURCE Amil Participacoes S.A.
Copyright©2008 PR Newswire.
All rights reserved

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