Ohl Apr Eng

OHL Brasil is the third largest toll road operator in Brazil, operating 907 km of roads. In Q3 2005: 1) Adjusted EBITDA grew 17.7% over Q2 2005 and 15.4% over the first nine months of 2004. Net income was R$24.0 million in Q3 2005 and R$53.2 million in the first nine months of 2005. 2) Traffic across OHL Brasil's roads increased by 1.0-3.6% compared to the same periods last year. Net revenue grew 12.6% in Q3 2005 and 10.5% in the first nine months of 2005 over the same periods last year.