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BM&FBOVESPA S.A. Announces Earnings for the Third Quarter of 2009

Wed Nov 11, 2009 9:57am EST
Net income reached R$245.8 million with earnings per share of R$0.120, a 4.3%
rise over pro forma net income for the same period one year ago.

SAO PAULO, Nov. 11 /PRNewswire-FirstCall/ -- The BM&FBOVESPA's net income
reached R$245.8 million with earnings per share of R$0.120, a 4.3% rise over
pro forma net income for the same period one year ago. Adjusted net income (as
adjusted by items with no impact on cash flow) totaled R$337.3 million, with
adjusted EPS of R$0.165.
    3Q09 net revenues of R$383.0 million decreased 6.5% from the same quarter
one year ago. In a comparison of the nine months to September 2009, net
revenues dropped 13.8% to R$1,077.8 million.
    3Q09 operating expenses reached R$132.5 million, a 4.0% decline from one
year ago. As adjusted by items with no impact on cash flow, such as
depreciation and the employee stock options plan, operating expenses for the
quarter amounted to R$109.0 million, a 16.2% decrease from adjusted expenses
for the same period one year earlier, and in line with the R$450.0 million
target for 2009.
    EBITDA totaled R$262.0 million for the third quarter, down 6.3% from 3Q08,
and R$698.7 million for the nine months to September 2009, a year-on-year drop
of 18.2%. The EBITDA margin remained stable from 3Q08 (68.3%) to 3Q09 (68.4%).
    The board of directors approved distribution of R$150 million as
dividends.
    To access BM&FBOVESPA's 3Q09 earnings release, go to
http://ri.bmfbovespa.com.br/site/portal_investidores/en/home/home.aspx
    About BM&FBOVESPA
    BM&FBOVESPA (BVMF3) was created in 2008 with the integration of the
Brazilian Mercantile & Futures Exchange (BM&F) and the Sao Paulo Stock
Exchange (Bovespa). Together, the companies have created one of the largest
listed exchange groups in the world; the second-largest in the Americas, and
the leading exchange in Latin America. The Exchange features a vertically-
integrated business model, with trading, registration, netting, settlement,
risk management, market data, and central securities depository services.
BM&FBOVESPA's state-of-the-art technological resources provide investors with
an efficient and secure trading and post-trading environment.  Among its broad
range of trading products, the Brazilian Exchange offers equities, securities,
financial assets, indices, interest rates, agricultural commodities, as well
as foreign exchange futures and spot contracts, and acts as a central
counterparty for all of its market segments through its four clearinghouses --
equity, derivatives, foreign exchange, and securities.
    BM&FBOVESPA S.A.
    Communications Department
    Press Office
    Phones: 55-11-2565-7271/ 7943 / 7313
    e-mail: imprensa@bmfbovespa.com.br
    http://www.bmfbovespa.com.br/imprensa

SOURCE  Brazilian Securities, Commodities and Futures Exchange - BM&FBOVESPA

Communications Department, Press Office, BM&FBOVESPA, +011-5511-2565-7271,
+011-5511-2565-7943, +011-5511-2565-7313, imprensa@bmfbovespa.com.br



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