1. TELE NORTE LESTE PARTICIPAÇÕES S.A. Conference Call & Webcast 1 st Quarter 2002

2. Platform Growth Slide 1 Lines in Service Lines Installed (in million) 20,0 1998 Utilization Rate (%) 89% 92% 82% 84% ? 1999 200020012002E 1Q02

3. Net Revenue (R$ Million) Slide 2 21% yoy

4. Long Distance - Revenue (R$ Million) Slide 3 32% yoy

5. Data Transmission - Revenue (R$ Million) Slide 4 36% yoy

6. Network Usage - Revenue (R$ Million) Slide 5 22% yoy

7. Local Service - Revenue (R$ Million) Slide 6 24% yoy

8. Operating Expenses (R$ Million) Slide 7 % 1,230 1,399 2,197 1,838 1,372

9. Costs and Expenses (R$ Million) Slide 8 * Excluding Bad Debt Provisions

10. Employee Productivity (Wireline) Slide 9

11. Full-Time Employees Slide 10

12. EBITDA Slide 11

13. Changes in Debt Position Slide 12 0 100.000 200.000 300.000 400.000 500.000 600.000 700.000 800.000

14. CAPEX (R$ Billion) Slide 13

15. TNL - PCS (´´Oi´´) – Current Status  Ready to launch  10 Metropolitans Areas- 200cities  Main suppliers: Nokia, Alcatel, Siemens  TechnologyGSM/GPRS  Operating Agreements InfrastructureCo-siting Interconnection Roaming International  Operating Synergies Billing&Credit Infrastructure&BackOffice Data Base Target (12 months) 500.000Subs Slide 14  Distribution channel = over 1,000 point of sales

16. This presentation contains forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements and involve inherent risks and uncertainties. These statements are based on current plans, estimates and projections, and therefore you should not place undue reliance on them. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events. “SAFE HARBOR” STATEMENT Investor Relations Rua Humberto de Campos, 425 / 8º andar Leblon Rio de Janeiro -RJ Phone: ( 55 21) 3131-1314/1315/1313 Fax: (55 21) 3131-1155 E-mail: invest@telemar.com.br Visit our new website: http://www.telemar.com.br/ri Slide 15