TIM Participacoes Announces Filing of its Annual Report on Form 20-F and Compliance...

TIM Participacoes Announces Filing of its Annual Report on Form 20-F and
Compliance with SOX 404

RIO DE JANEIRO, June 26 /PRNewswire-FirstCall/ -- TIM Participacoes S.A.
(BOVESPA: TCSL3 and TCSL4; and NYSE: TSU), which retains direct control of TIM
Celular S.A. and indirect control of TIM Nordeste S.A., providing nationwide
telecommunication services in Brazil, announces that it has filed its annual
report Form 20-F for the fiscal year ended December 31, 2008 with the
Securities and Exchange Commission on June 26, 2009. The annual report can be
accessed on TIM Participacoes S.A. investor relations website at
http://www.timpartri.com.br/tim/. TIM Participacoes will provide a hard copy
of the annual report containing its audited consolidated financial statements,
free of charge, to its shareholders and ADS holders upon request.
In compliance with Section 404 of the Sarbanes-Oxley Act of 2002, TIM
Participacoes management conducted an evaluation of the effectiveness of the
company's internal control over financial reporting and concluded that the
company's internal control over financial reporting was effective as of the
end of the company's fiscal year ended December 31, 2008. In addition, TIM
Participacoes independent registered public accounting firm attested the
company's internal control over financial reporting in accordance with the
standards of the Public Company Accounting Oversight Board (United States) and
reported that TIM Participacoes maintained effective internal control over
financial reporting as of December 31, 2008.
About TIM Participacoes
TIM Participacoes S.A. is a telecommunications company with nationwide
coverage that provides services through its subsidiaries TIM Celular S.A. and
TIM Nordeste S.A. subsidiaries. TIM Participacoes is controlled by TIM Brasil
Servicos e Participacoes S.A., a subsidiary of the Telecom Italia Group. TIM
began its activities in Brazil in 1998, and from 2002 onward established its
operations on a nationwide basis, becoming the first wireless operator to be
present in every Brazilian state. In April 2008, TIM launched its third
generation services (3G), providing mobile broadband, besides other services
such as Video Call and TIM TV. In September 2008, the Company launched its
fixed services, becoming the only pure mobile operator in the sector,
providing complete telecommunications services nationwide. TIM Participacoes'
shares are traded at both the Sao Paulo Stock Exchange (Bovespa: TCSL3 and
TCSL4) and the New York Stock Exchange (NYSE: TSU).
TIM Investor Relations
Rogerio Tostes
rtostes@timbrasil.com.br
(55 21) 4009 3742

Fabio Levy
flcosta@timbrasil.com.br
(55 21) 4009 3446

Diego Aragao
dmaragao@timbrasil.com.br
(55 21) 4009-4017

www.timpartri.com.br/tim/

SOURCE TIM Participacoes S.A.

Rogerio Tostes, +011-55-21-4009-3742, rtostes@timbrasil.com.br, Fabio Levy,
+011-55-21-4009-3446, flcosta@timbrasil.com.br, Diego Aragao,
+011-55-21-4009-4017, dmaragao@timbrasil.com.br, all of TIM Investor
Relations