Company Presentation

January 2009

Index

1. Company Holding Structure

1. New Vibrations SGPS S.A. (Holding)

2. Operating Companies, Europe, Asia, Africa

2. Presentation "New Vibrations concept”

1. Mission1. Mission

2. Positioning

3. Values

4. Company History

3. Major Service Offering

4. Contacts

New Vibrations SGPS S.A

1. Company Holding Strategy

New Vibrations SGPS S.A. - Structure

Market Unit

Asia, Middle East, Latin America

Market Unit

Central & East Africa

Market Unit

Europe Central & South America

Telecom Telecom Serviços de

Market Unit

South AfricaWest Africa

Telecom Telecom Services Lda -UK

Telecom Services Lda –Kenya

Serviços de Telecomunicacoes S.A. - Portugal

Telecom Services Lda –South Africa

SGPS S.A.(HOLDING)

100% 100%100%70%

2. Presentation

“New Vibrations concept”“New Vibrations concept”

1. Mission

2. Positioning

3. Values

Background - Vision & Values

• New Vibrations was founded in early 2005, and from the very first day began to play a key role in the supply of mobile engineering consulting services for major mobile operators and suppliers

• Our vision has been to rapidly become a multinational company supplying mobile engineering outsourcing & consulting services worldwide throughout Europe, Central and Latin America, Africa , Asia and the Middle-East.

• With HQ already established in Portugal, and subsidiaries in Portugal , UK, Kenya, South Africa and plans for subsidiary in Dubai and the US in course, the company group is preparing for substantial sustained and planned growth between 2008 and 2012Dubai and the US in course, the company group is preparing for substantial sustained and planned growth between 2008 and 2012

. • Our strategy and core business focuses on the supply of mobile engineering consulting services such as, Project

Management, Implementation and Network Rollout , O&M, Design & Optimization of networks in the areas of Core, Radio, OSS, Transmission, with a special focus on world class leader technologies, such as Ericsson, Alcatel, Nokia, Siemens, Huawei, Marconi, etc

• Our experienced personnel come from all around the world and today play key roles in helping our customers achieve their objectives, not only from an operational perspective but also a cost management one.

• The New Vibrations Telecom Group additionally focuses on delivering outsourcing services to customers, and not mere resources. Currently some of our customers have put their trust in the rapid and efficient delivery of such services.

Mission

• New Vibrations is committed to providing the best level of services to its customers, helping our customers achieve their business and operational goals.

• New Vibrations aims to become one of the major players, focusing on Mobile Engineering Outsourcing and Consulting , supplying specialized services and highly skilled and motivated engineers, and engineering systems and tools.

• New Vibrations has specialized as one of the top companies in this field wherein world class customers gain trust in our network engineering outsourcing services, and mobile engineering specialists are motivated and attracted to work.

• The NV Group has attracted investors to solidify the following areas:• The creation of regional companies, focusing on Business Development, Marketing, Sales and Delivery to our World

Class Customers, being both Mobile operators and Mobile Manufacturers

• The creation of an R&D/Product Development and Management Centre for the research and development , manufacturing , and product management of Mobile Engineering systems within the following areas

• Mobile Network Operation & Maintenance Centers (NOCs),• Mobile Network Design, Mobile Network Planning and Mobile Network Optimization

• The introduction of IT business into the group in terms of services, focusing on consultancy and outsourcing

Positioning

Markets: Outsourcing for telecommunications companies with a main focus on Mobile Operators and Suppliers

Customers: Telecommunications mobile manufacturers and operators

Territory : World Wide with a focus on Europe, Africa, Asia, South and Central America, as well as the Middle East, and the USRegional Companies: Establish local Regional companies in the business hubs for business development, sales & marketing, and operations

Research and Development Unit : An R&D Unit /Product Development & Management Unit focusing on the research and Research and Development Unit : An R&D Unit /Product Development & Management Unit focusing on the research and development of mobile engineering systems

Customer Delivery : Providing the full service ( Team Outsourcing, Project Outsourcing, Search and selection, placement, integration into customer and project, constant follow-up of service requirements and consultant requirements

HR In-House Policy: Hiring of in-house staff for business development, sales & marketing and Operational Delivery of Total Mobile Engineering Outsourcing Services. Mind Coaching as a main part of HR Strategy

HR Expertise Consultants Policy: Access to the best qualified and experienced engineering consultants for team and individual outsourcing placement within positions of a high level of responsibility within customers; Rapid placement within customers ranging from 3 days to 1 – 2 weeks, depending on customer urgency

Values

• Provide a service of excellence to our customers worldwide

• Manage and take care of employees and experts providing them with the

best suited packages and opportunities

• Manage customers, suppliers and partners respecting contract conditions and

committed deadlines

• Adhere to national and international laws regarding legal, migration, and tax

issues

• Respect cultural differences, operating in the interest of all : Customers, our

experts, suppliers, administrative employees, management and shareholders

Company History

• New Vibrations was founded in 2005, as a result of a spin-off . The main shareholder decided to focus on “mobile engineering services” as a result of the vast networking, business and operations know-how of mobile telecommunications gained during several years at Ericsson and Vodafone worldwide

• During 2005-2006 New Vibrations is recognized by Ericsson Portugal as an important supplier of outsourcing and consulting mobile engineering expertise services, due to the focus, know-how and quality of services provided for Angola to the mobile operator Unitel Angolamobile operator Unitel Angola

• At the beginning of 2006, Alcatel in Central America, also recognizes the value of services provided and so New Vibrations, becomes an official supplier for mobile engineering consulting services

• In 2007 Ericsson South Africa, Ericsson Portugal, Ericsson Kenya, and Alcatel Central America count on such services. New Vibrations is present in several major networks in Africa ,Europe and the Americas. New Vibrations has started to operate in Asia, Middle East and by 2010 will also operate in the US

• As from 2008 New Vibrations has been delivering key personnel and services to multinational mobile operators with networks in Africa, Europe and the Middle East.

3. Major Service Offering1. Market Vision

2. Profile

3. Core Competencies

4. Managed Services and Consulting

5. Portfolio Example of Projects

Market vision

• OpCos in different market life cycle

phases, have different focuses.

• Countries where GSM/3G coverage is

extensive, need a different portfolio of

solutions when compared to countries

where there is a focus on network where there is a focus on network

rollout and coverage

• New Vibrations has developed the right

set of skills to provide solutions for the

various life-cycle phases of the OpCos

Business Consulting Profile

• Business Consulting works as a

bridge from network strategy to

implementation

• New Vibrations focuses on

translating defined network translating defined network

strategies into workable solutions

• These include programmed

management, change management

and skilled project management,

Implementation, O&M, Babysitting

and Network Support.

Market Core Competencies Mobile Engineering

Consulting SkillsMethodologies

Business

Opport

unnitie

s

Fin

ancia

l M

odeling

Business

Pro

cess

es

Technolo

gy &

Applications

Pro

gra

m M

anagem

ent

Market Knowledge

Technology Knowledge

Business

Opport

unnitie

s

Fin

ancia

l M

odeling

Business

Pro

cess

es

Technolo

gy &

Applications

Pro

gra

m M

anagem

ent

Core CompetenciesMobile Engineering Specialists

Managed Services and Consulting.Siemens, Ericsson, Alcatel, Huawei, others

Managed Services – Supply

of Packaged Services (GSM/3G)

Consulting – Supply of expert

Engineers as mere resources

(GSM/3G)

NetworkAudit, Planning &

OMC/FieldO&M

NETWORK RolloutProj Managers and

Engineers for

Radio

Audit, Planning &Optimization

Core

Txmission

O&M Supervison, Performance,

Configuration

Radio

Core

Txmission

Engineers for Core, Radio

IN & VASEngineers

O&M Engineers for Core, Radio

Optimization Engineers for

Radio, Core, Tx

Portfolio example of projects 2005 - 2009

• Consulting for Vodafone Italy in :

– UMTS - ” 3G Video Telephony design & specifications”

– UMTS “ 3G Core Network design and specifications”

• Outsourcing & Consulting for Ericsson Iberia, Ericsson South Africa, Ericsson South Latin America in

– Project Management Implementation , Network Rollout, Radio Swap for GSM, GPRS, UMTS

– Core Network Installation, Core OMC , Field O&M and babysitting using the MSS Server and MGW for

GSM, UMTSGSM, UMTS

– Radio Network Installation, Radio OMC, Field O&M and babysitting for GSM, GPRS, UMTS

– Core Network Design ,Planning & Optimization for GSM, GPRS, UMTS

– Radio Network Design, Planning & Optimization for GSM, GPRS, UMTS

– Transmission Network Design, Planning & Optimization for GSM, GPRS, UMTS

• Outsourcing & Consulting for one of leading South African Mobile Operators

– OMC Operation and Management, Senior Project Management, Network Audit and Optimization

• Outsourcing and consulting for Alcatel C.A. in

– Radio Network Engineering O&M for GSM, GPRS, UMTS

– Radio Network Design , Planning & Optimization for GSM, GPRS, UMTS

Global Customer portfolio 2005 - 2009

Contacts

• Global CEO for the Group & Operating Companies

– Steve Fernandes steve.fernandes@new-vibrations.com Telf : +351 91 9560373

• Global CTO for the Group & Operating Companies

– Jose Amaral jose.amaral@new-vibrations..com Telf : +351 91 9546268

• Senior Customer Program Manager - Africa

– Quintin Smith quintin.smith@new-vibrations..com Telf : +27832120412– Quintin Smith quintin.smith@new-vibrations..com Telf : +27832120412

• Customer Program Managers , Procurement & Sourcing – Europe, Africa, Asia, Middle East, Central America

– Helder Martins helder.martins@new-vibrations..com Telf : +351 91 5188041

– Paulo Duarte paulo.duarte@new-vibrations.com Telf : +351 91 4911007

– Neil Paul n.paul@new-vibrations..com Telf : +44 (0) 208 228 1137

– Stephanie Enyioha stephanie.enyioha@new-vibrations.com (Nigeria) Telf +234807500942

• Sales Directors – Europe, Middle East, Asia, Latin America

– Steven Paul s.paul@new-vibrations..com Telf : +44 (0) 208 228 1137

– Nick Amato n.amato@new-vibrations..com Telf : +44 (0) 7737 256 649