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ALL Reports 3Q09 Results

Distributed by Press Release

America Latina Logistica S.A. - ALL (Bovespa: ALLL11), Latin America's largest independent logistics company, announces its results for the third quarter of 2009 (3Q09) and nine months of 2009 (9M09).

-- ALL Brazil's volume grew 10.3% in 9M09 to 27,593 million RTK. In 3Q09, Brazil rail volumes rose 11.4%, to 10,065 million RTK, pushed by a 13.1% growth in agricultural commodities and a 7.2% increase in industrial products. -- Average yield decreased 2.9% in Brazil, from R$76.8 per thousand RTK in 9M08 to R$74.6 per thousand RTK in 9M09, mainly driven by weak freight prices in the spot market and the contractual diesel pass through of the significant price reduction realized by Petrobras in June. In 3Q09, average yield decreased 6.5% in Brazil reflecting a full quarter of lower diesel prices and higher volumes of return cargo, partially offset by an increase in trucking drayage service volumes. -- ALL Brazil's EBITDA increased 2.2% in 9M09 to R$975.6 million, driven by higher rail volumes and market share gains partially offset by lower yields and margins -- Total subscription in ALL's Private Offering of Convertible Debentures reached more than R$1.2 billion, during the preemptive rights subscription period ended in November 3rd. Controlling Shareholders subscribed a total of 3.8 million Debentures, equivalent of R$464.6 million, to be converted in common shares with a 3 years lock-up-period. Total Leftovers amounted R$61.9 million and can be subscribed until November 13th. -- First estimates indicate a very positive market scenario for 2010. Total grain crop in our coverage region is expected to grow 9.3% in 2010 as compared to 2009. Industrial production is expected to grow 6.5% in 2010. The signs for a recovery in yields are very positive for 2010.

Full information is available on the ALL's IR website:

www.all-logistica.com/ir

ALL will be hosting conference calls to discuss 3Q09 Results on November 12, Thursday, at 8:30 a.m. US EST (English) and 7:00 a.m. US EST (Portuguese). See connecting details on the Company's IR Website.

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