1. Key Indicators - US GAAP Financial data (US$ million) 3T991T002T003T00 Net sales (Consol.)123.1136.5140.1153.8 Globo Cabo94.6104.4104.3114.6 Net Sul 23.626.129.032.3 Corporate Network4.96.06.9 EBITDA (Consol.)34.924.331.937.4 Globo Cabo25.923.523.227.5 Net Sul 7.51.66.37.7 Corporate Network1.5(0.8)2.42.1 EBITDA Margin (Consol.)28.4%17.8%22.8%24.3% Globo Cabo27.4%22.6%22.2%24.0% Net Sul 31.9%6.1%21.7%23.8% Corporate Network 30.4%-14.0%35.4%30.8%

2. 4Q99 1Q00 2Q00 3Q00 Globo Cabo Subscribers 936.1 949.1 965.6 1,008.7 (excluding Net Sul and Unicabo) Annualized Organic Growth 4.9% 5.7% 7.1% 19.1% Globo Cabo Subscribers 1,332.1 1,348.1 1,416.1 1,467.9 (including Net Sul and Unicabo) Annualized Overall Growth -1.0% 4.9% 21.7%* 15.5% Subscribers Growth (excluding Net Sul and Unicabo) (including Net Sul and Unicabo) * Londrina and Blumenau acquisitions

3. 35.7 46.3 17.3 38.0 44.3 17.1 41.0 17.4 47.6 34.3 49.3 30.4 19.9 49.3 27.0 20.4 48.7 24.3 21.5 3.0 1Q99 2Q99 3Q99 4Q99 1Q00 2Q00 3Q00 Subscribers Mix and ARPU Advanced Plus Master Standard 0.6 17.6 0.6 0.4 0.7 2.6 2.5 Others 29,60 33,03 30,01 29,21 33,46 33,87 34,76

4. 280 1Q00 568 2Q00 1,113 3Q00 1,068 1Q00 8,929 2Q00 14,792 3Q00 Two Way Homes Passed (in thousands) Subscribers Vírtua - Evolution

5. 2.97% -0.10% 0.82% 1.64% 1.65% 1Q99 2Q99 3Q99 4Q99 1Q00 2Q00 % Bad Debt Churn Rate (Quarterly Annualized) 27.1% 17.2% 31.5% 12.2% 16.6% 15.4% Churn Rate vs. Bad Debt 2.87% 1.83% 2Q00 15.3%

6. 3Q99 1Q00 2Q00 Net Revenue 100% Direct Operating 48.7% 48.6% 49.5% Programmers and royalties...... 28.7% 28.4% 30.6% Network expenses............. 5.2% 4.1% 4.4% Customers relations............ 2.3% 2.6% Payroll and benefits............ 6.1% 6.3% 6.5% Other costs (third parties)....... 6.4% 7.5% 5.4% Selling/ Administrative 22,9% 33.5% 27.7% Selling....................... 4.3% 5.5% 7.6% General & Administrative....... 16.6% 21.1% 16.0% Bad debt expense.............. 0.8% 1.6% Other........................ 1.2% 5.4% 2.5% EBITDA 28.4% 17.8% 22.8% EBITDA Composition US GAAP 3Q00 100% 48.7% 28.6% 4.9% 2.6% 6.4% 6.2% 27.0% 8.7% 17.0% 1.8% -0.5% 24.3%

7. Pro-forma Notes Convertible debentures * Includes Vicom and Net Sul FRNs-Net Sul Total debt: US$ 784 MM Amortization Schedule* 2000 2001 2002 2003 2004 2005 2006 74 10 64 85 64 185 123 4848 95 32