TIM PARTICIPAÇÕES S.A.
MINUTES OF THE BOARD OF DIRECTORS' MEETING HELD ON OCTOBER 29, 2010
DATE, TIME AND PLACE: On October 29, 2010, at 08:30 am, in the City and State of Rio de Janeiro.
ATTENDANCE: The Board of Directors of TIM Participações S.A. ("Company") was gathered at the date, time and place above mentioned, in the presence of Messrs. Manoel Horácio Francisco da Silva, Gabriele Galateri di Genola e Suniglia, Luca Luciani, Andrea Sandro Calabi and Adhemar Gabriel Bahadian. Pursuant to the provided for in Section 29, paragraph 2 of the Company's By-Laws, Messrs. Marco Patuano, Stefano de Angelis and Andrea Mangoni attended the meeting by means of conference call, while Mr. Maílson Ferreira da Nóbrega forwarded to the Chairman of the Board his Voting Statement, which shall be filed in the Company's headquarters. Also attended the meeting Messrs. Alberto Emmanuel Carvalho Whitaker, Chairman of the Board of Auditors/Audit Committee, Claudio Zezza, Chief Financial Officer, and Alessandra Catanante, Secretary-General and of the Board of Directors, as well as the representatives of the independent auditors, PricewaterhouseCoopers ("PwC").
BOARD: Mr. Manoel Horácio Francisco da Silva – Chairman; and Mrs. Alessandra Catanante – Secretary-General.
AGENDA: (1) To resolve on the quarterly information ("ITR") of the Company dated as of September 30, 2010; (2) To resolve on the proposed calendar of the Board of Directors' Meetings for the year 2011; and (3) Other matters related to the items of the agenda or even of general interest to the Company.
RESOLUTIONS: Upon review and discussion of the matters included in the agenda and the related material, which shall be filed in the Company`s headquarters, the Board Members resolved, by unanimous decision, to: (1) approve, based on the information furnished by the Company, the Board of Auditors/Audit Committee and the independent auditors, the quarterly information ("ITR") of the Company dated as of September 30, 2010, which was subject to a limited revision by the independent auditors of the Company, PwC; (2) approve the proposed calendar of the Board of Directors' Meetings for the year 2011, pursuant to the material presented to the Board Members; and (3) no other matter was resolved by the Board Members.
CLOSING: With no further issues to discuss, the meeting was adjourned and these minutes drafted as summary, read, approved and signed by all the Board Members. Directors: Messrs. Manoel Horácio Francisco da Silva, Gabriele Galateri di Genola e Suniglia, Luca Luciani, Marco Patuano, Stefano de Angelis, Andrea Mangoni, Maílson Ferreira da Nóbrega, Andrea Sandro Calabi and Adhemar Gabriel Bahadian.
I herein certify that these minutes are the faithful copy of the original version duly recorded in the respective book.
Rio de Janeiro (RJ), October 29, 2010.
Secretary-General and of the Board of Directors