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Leonardo Dias
Associate Director of Investor Relations
Ldias@telepart.com.br
Phone: 55 61 3429-5673
TELE NORTE CELULAR PARTICIPAÇÕES S.A.
ANNOUNCES CHANGE IN SENIOR MANAGEMENT
Brasília, February 23, 2006 - Tele Norte Celular Participações S.A. (BOVESPA: TNCP3 (ON) / TNCP4 (PN); NYSE: TCN), the holding company of Amazônia Celular S.A., the provider of cellular telecommunications services in the States of Amapá, Amazonas, Maranhão, Pará e Roraima, today announced that Mr. Ricardo Perpetuo has decided to leave his position of Chief Financial Officer and Head of Investor Relations at Tele Norte Celular Participações S.A.
In the interim, according to the Companys By-Law, Mr. Antônio José Ribeiro dos Santos, the Chief Executive Officer, will fulfill the CFO and Head of Investor Relations duties of Tele Norte Celular Participações S.A. until the Board of Directors appoints a new holder to this position.
This press release contains forward-looking statements. Such statements are not statements of historical fact, and reflect the beliefs and expectations of the Company's management. The words "anticipates," "believes," "estimates," "expects," "forecasts," "intends," "plans," "predicts," "projects" and "targets" and similar words are intended to identify these statements, which necessarily involve known and unknown risks and uncertainties. Known risks and uncertainties include those resulting from the short history of the Company's operations as an independent, private-sector, entity and the introduction of competition to the Brazilian telecommunications sector, as well as those relating to the cost and availability of financing, the performance of the Brazilian economy generally, the levels of exchange rates between Brazilian and foreign currencies and the Federal Government's telecommunications policy. Accordingly, the actual results of operations of the Company may be different from the Company's current expectations, and the reader should not place undue reliance on these forward-looking statements. Forward-looking statements speak only as of the date they are made, and the Company does not undertake any obligation to update them in light of new information or future developments.
TELE NORTE CELULAR PARTICIPAÇÕES S.A. | ||||
By: | /s/ Ricardo Del Guerra Perpetuo | |||
Name: | Ricardo Del Guerra Perpetuo | |||
Title: | Chief Financial Officer and | |||
Head of Investor Relations |