Earning Release

Telemig Celular Participações S.A. (NYSE:TMB) in an extraordinary board meeting held on 04 September 2009 approved 'ad referendum' of the general shareholders' meeting of the company, the request to the Brazilian Securities and Exchange Commission (CVM) for the cancellation of its registration as a publicly-held company pursuant to the corporate restructuring involving the merger of shares of Telemig Celular S.A. (TC) into Telemig with the subsequent merger of shares of Telemig into Vivo Participações S.A. (Vivo). Telemig's preferred stock closed at BRL58.20 on 04 September 2009, following which the stock ceased to trade and will be delisted, effective 07 September 2009. As a result we are terminating our coverage for the Telemig preferred stock. The ADR closed at US$62.72 on 04 September 2009, following which the stock ceased to trade and will be delisted, effective 07 September 2009. As a result we are terminating our coverage of the ADR.

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