T4F Entretenimento SA is a Brazil-based company principally engaged in the live entertainment sector. The Company is active in the administration, promotion, organization, production, agency, programming and implementation of activities related to live entertainment, such as sports, arts, culture, concerts and shows, as well as in the administration and operation of venues, such as theaters, gymnasiums and stadiums. The Company manages four venues in Brazil, Credicard Hall, Citibank Hall and Teatro Abril in Sao Paulo, and Citibank Hall in Rio de Janeiro, as well as a concert hall Teatro Opera Citi in Argentina. Additionally, it is engaged in the sale of tickets, food and beverages, as well as in the patronage of sport. As of December 31, 2011, the Company's direct subsidiaries included Area Marketing Brasil Ltda, Metropolitan Empreendimentos SA, T4F Alimentos Bebidas e Ingressos Ltda, T4F Inversiones SA e BA Inversiones SA, T4F USA Inc, Ticket Co SpA and Vicar Promocoes Desportivas SA.