TELE NORTE LESTE ANNOUNCES THREE NEW VICE-PRESIDENTS Rio de Janeiro, Brazil – June 27, 2001 – TELE NORTE LESTE PARTICIPAÇÕES S.A. (NYSE: TNE), the holding company of providers of fixed line public telecommunications services in the North, Northeastern and Eastern regions of Brazil, announces that three new vice-presidents were formally appointed in the Board of Directors Meeting that took place today. These new executives bring market expertise that will add value to the Company during this period of rapid expansion, which is focused on the fulfilment of expansion targets and the structuring of new businesses, in order to prepare the Company for successful entry into new markets. Alvaro A. C. dos Santos, 47 years old, was elected Vice-President of Finance (CFO). Prior to this, he worked at Citibank for 25 years, most recently serving as Senior Vice-President in New York, responsible for investment activities. In 1999, he joined Safra, where he served as Vice-President of international banking activities until 2000. He holds a degree in Accounting and Business Administration from the University Osvaldo Cruz in São Paulo, as well as a post-graduate degree in marketing and finance from Fundação Getúlio Vargas in São Paulo. Mauro Szwarcwald, 50 years old, was elected Vice-President of Corporate Marketing. He joined Xerox do Brasil in 1975. In 2000, after holding several other positions within Xerox, he was named Commercial Operations Executive Officer. He holds a degree in Mathematics and a Master Degree in Systems Engineering from the Federal University of Rio de Janeiro, as well as a joint Master Degree in Mathematics and Statistics from the University of Rochester in New York. Mauro Multedo, 46 years old, was elected Vice-President of Consumer Marketing. He served as Marketing Executive Officer of Ponto Frio and as National Executive Officer of Operations of Coca-Cola. He was twice named Advertising Executive of the Year, once while with Ponto Frio, and once while with Coca-Cola. He holds a degree in marketing and advertisement from the Escola Superior de Propaganda e Marketing (ESPM), and he attended the Executive Program for International Management at Columbia University in New York. For more information, please contact TNE – INVESTOR RELATIONS Roberto Terziani ([email protected] ) 55 21 3131 1110 THOMSON FINANCIAL / CARSON Isabel Vieira ([email protected]) Carlos Lacerda ([email protected] ) 3131 1314 Rick Huber ([email protected]) José Carlos dos Santos ([email protected]) 3131 1315 Tel: 1 212 701 1830 Vera Leal de Faria ([email protected] ) 3131 1316 Fax: 1 212 509 5824 [email protected] Fax: 55 21 3131 1325