Corporate Presentation

November 2013

Light Holdings

2

Light S.A. (Holding)

Light Serviços de Eletricidade

S.A.

LightgerS.A.

ItaocaraEnergia

Ltda.

Amazônia Energia

S.A.

Light EscoPrestação de Serviços S.A.

LightcomComercializadorade Energia S.A.

Light Soluções em Eletricidade

Ltda.

Instituto Light

AxxiomSoluções

Tecnológicas S.A.

CR ZongshenE-Power

Fabricadora de Veículos S.A.

GuanhãesEnergia

S.A.

Renova Energia

S.A.

Central Eólica

Fontainha Ltda.

Central Eólica São

Judas Tadeu Ltda.

Norte Energia

S.A.

Light Energia

S.A.

Distribution Generation Commercialization and Services

Electric Vehicles

SystemsInstitutional

EBL Cia de Eficiência Energética

S.A.

100% 51% 20%100% 100% 100%100% 100%51% 25.5%100%

100%100% 9.77% 33%

51%

21.99%

4

56

7

Light in numbers

Amazônia Energia

Renova

Guanhães Energia

Generation

Complexo de Lajes

Distribution RJ StateConcession

Area%

Population¹ 16 mn 11 mn 68%

Area¹ 44,000 Km² 11,000 Km² 25%

GDP¹ R$ 407 bn R$ 207 bn 51%

# Consumers 7 mn 4 mn 57%

# Municipalities 92 31 34%

5

HPP Ilha dos Pombos

SHP Paracambi

HPP Santa Branca

1

2

3

1 IBGE (2010)

4

6

7

3

Tractebel AES Tiete Duke CPFL EDP Light

Cemig CPFL Neoenergia Copel Light EDP Eletropaulo Cemig Copel CPFL Paulista

Light Celesc

RankingsAmong the largest players in Brazil

INTEGRATED²Net Revenues 2012 – R$ Billion

GENERATION PRIVATE-OWNED COMPANIES²Installed Hydro-generation Capacity (MW) – 2012

37,626

24,71422,737

21,467 20,05415,018

18.5

15.0

11.8

8.56.9

6.6

5,560

2,658 2,241 2,2192,012

877

DISTRIBUTION¹Energy Consumption in Concession Area (GWh) - 2012

1 – Source: Captive market 2 – Source: Companies reports* Considers the 9 MW of Renova’s SHPs

*4

Shareholders StructureEfficient combination of solid industry and financial players

11 Board members: 8 from the controlling

group, 2 independents e 1 employees

nominated

A qualifying quorum of 7 members to

approve relevant proposals such as: M&A

and dividend policy

5

CEMIG RME LEPSA BNDESPAR MARKET

PARATI

CEMIGFIP REDENTOR

REDENTORENERGIA

26.06% 13.03% 13.03% 10.30% 37.57%

75% 25%

13.03%100%

96.81% 100%

6.41%19.23%

BTGPACTUAL

SANTANDER

VOTORANTIM

BANCO DO BRASIL

28.57%

5.50%

28.57%

5.50%

28.57%5.50%

14.29%

2.74%

MINORITY

3.19% 0.42%

Free Float 47.87

25.64%*

FOREIGN NATIONAL

55.19% 44.81%

Stake in blue: indirect interest in LightLight S.A.

(Holding)

Controller Group 52,1%

*12.61% (RME) + 13.03%(LEPSA)

Corporate Governance

General AssemblyGeneral Assembly

Fiscal CouncilFiscal Council

Board of DirectorsBoard of Directors

AuditorsCommitteeAuditors

Committee

Governance and Sustainability

Committee

Governance and Sustainability

Committee

Human Resources Committee

Human Resources Committee

Finances CommitteeFinances

CommitteeManagement Committee

Management Committee

Chief Executive Officer

Chief Executive Officer

Chief HR OfficerChief HR Officer

Chief Business Officer

Chief Business Officer

Corporate Management

Officer

Corporate Management

OfficerChief Legal OfficerChief Legal Officer

Chief Financial and Investor

Relations Officer

Chief Financial and Investor

Relations Officer

Chief Distribution Officer

Chief Distribution Officer

Chief Energy Officer

Chief Energy Officer

João B. Zolini Carneiro

Ricardo Cesar C. Rocha

Evandro L. Vasconcelos

Andreia Ribeiro Junqueira

Fernando Antônio F.Reis

Paulo Carvalho Filho

Evandro L. Vasconcelos*

Paulo Roberto R. Pinto

Chief Communications

Officer

Chief Communications

Officer

Luiz Otavio Ziza Valadares

LGSXYADR-OTC

Interim*

6

Industrial6%

Residencial33%

Comercial29%

Outros Cativos16%

Livre16%

Energy Consumption Distribution – Quarter

1Note: To preserve comparability in the market approved by Aneel in the tariff adjustment process. the billed energy of the free customers: Valesul, CSN and CSA were excluded in view of these customers’ planned migration to the Basic Network.

TOTAL MARKET (GWh) ¹

Industrial6.0%

Free16.1%

Others15.8%

Commercial29.5%

Residential32.6%

3T10 3T11 3T12 3T13

3T10 3T11 3T12 3T13

+1.7%

5,4865,299

22.4ºC 21.6º

C

3Q11

5,1445,581

3Q10

21.7ºC22.1ºC

+2.8%

3Q12 3Q13

7

Market Breakdown

RESIDENTIAL INDUSTRIALCOMMERCIAL OTHERS TOTAL

3Q12 3Q13

ELECTRICITY CONSUMPTION (GWh)

TOTAL MARKET – QUARTER

3Q12 3Q13 3Q12 3Q13 3Q12 3Q13 3Q12 3Q13

FREECAPTIVE

3T12 3T13 3T12 3T13 3T12 3T13 3T12 3T13 3T12 3T13

+1.7%

4,6454,682

5,486

840 899

5,581

+3.8%

847 880

894

47 48

928

+2.5%

1,808

181 207

1,854

370 338

983

613 643

982

+0.9%

1,801 1,818-0.2%

1,6271,647

8

Sep-12 Dec-12 Mar-13 J un-13

Losses and Colection Encouraging results already appear from an integrated approach

LOSSES (12 MONTHS)

% Non-technical losses/ LV Market

Non-technical losses GWh

Technical losses GWh

% Non-technical losses / LV Market - Regulatory

43.7%

32.0%

8,552

44.2%

Dec/12 Mar/13

45.4%

6,029

2,618

8,584

Sep/13

6,007

2,577

44.9%

5,953

2,629

8,647

Jun/13

5,905

2,647

8,582

- 1.7%

COLLECTION RATE - 12 MONTHS

98.3%99.6%

Sep/12 Sep/13mar-12 mar-13

Bad Debt Provisions/Gross Revenue (Billed Sales) - 12 Months

PCLD / Gross Revenue Non recuring provision (4Q12) 9

3,2%3,0% 3,0% 2,9%

2,4%

1,9%

1,5%1,3% 1,3%

2,4%

3,2%

2,8%2,6% 2,6%

set-

11

dez

-11

mar

-12

jun

-12

set-

12

dez

-12

mar

-13

jun

-13

set-

13

PCLD/ROB Fornecimento Faturado - 12 meses

Sep

/111

Dec/1

11

Mar/

12

Jun

/12

Sep

/12

Dec/1

2

Mar/

13

Jun

/13

Sep

/13

Sep-12 Dec-12 Mar-13 J un-13

Macro StrategyRevenue shielding trough efficient combination of electronic meters and effective workforce management

INSTALLED METERS (Thousand Units)

2009 2010 2011 2012 set/13

341

2010 2011 Sep/13

2009 2012

2

30

7

79

89

80

227

122

410

78

197115

272297

Out of Communities

Communities

CLIENTS ENERGY AND STATUS

Retail and residential clients(Low Voltage)

4,100,000

Low Voltage Largest Clients

22,000

Large Clients

(hight and med voltage)

7,600

11,500 GWh (48%)100% Concluded

2,700 GWh (11%)1/3 as of today until 2015

10,000 GWh (41%)APZ

10

New Technology Program

Technology used in regions in which conventional measures are not effective

Areas that present high levels of non-technical losses

Light aims to reduce losses through investments in new technologies, integration of operational activities, increase of public awareness and institutional partnerships with interested agents.

Grid shielding projects

Actual grid Shielded grid

Control room

3 m

9 m

Mechanical Meter Display

Centralized meter

11

Low voltage

Medium voltage

Low voltage

Medium voltage

Focused in areas with 10,000 to 20,000 clients with high level of losses and

delinquency;

Fully-dedicated teams of technicians and commercial agents;

Results constantly and accurately monitored by Light;

Result-linked remuneration for services provided;

22 units implemented with 360 thousands

clients (9% of total clients);

Additional 200 thousands clients per year.

Zero Losses AreaProject: “Light Legal” (APZ – Zero Losses Area)

12

ELECTRONICMETERS

WORKFORCE MANAGEMENT

PARTNERSHIP WITH THE STATE GOVERNMENT

set/

12

dez

/12

mar

/13

jun

/13

set/

13

set/

12

dez

/12

mar

/13

jun

/13

set/

13

Evolution of APZs ResultsSignificant loss reduction and increasing collection rate

Início da Operação

Início da Operação

APZ COLLECTIONAPZ LOSSES

Before

45.6 %

25.9%90.2%

99.5%

Before

100.7%98.2% 97.9% 98.3%

24.8%23.6%

22.5%21.2%

13

Sep

/12

Dec/1

2

Mar/

13

Jun

/13

Sep

/13

Sep

/12

Dec/1

2

Mar/

13

Jun

/13

Sep

/13

-24.4%

+8.1%

Regulatory Allowance for Non-Technical LossesHigher recognition of losses linked to targets achievement

Additional revenues to be invested in losses combat and booked as special obligations (ex-RAB)

31,80%

40,41% 40,41%

31,27% 30,95% 30,53% 30,11% 29,69%

39,92%

38,33%

34,49%

30,60%29,40%

28,20%27,01% 25,81%

39,13%

36,41%

33,00%

2013 2014 2015 2016 2017 2018

Regulatory NT Losses/LV (Flexible) Regulatory NT Losses/LV (Final)

Real NT Losses/LV (forecast Light, Ref. August) Regulatory NT Losses/LV (AP)

Regulatory NT Losses/LV w/ Penalty

31,80%

40,41% 40,41%

31,27% 30,95% 30,53% 30,11% 29,69%

39,92%

38,33%

34,49%

30,60%29,40%

28,20%27,01% 25,81%

39,13%

36,41%

33,00%

2013 2014 2015 2016 2017 2018

Regulatory NT Losses/LV (Flexible) Regulatory NT Losses/LV (Final)

Real NT Losses/LV (forecast Light, Ref. August) Regulatory NT Losses/LV (AP)

Regulatory NT Losses/LV w/ Penalty

31,80%

40,41% 40,41%

31,27% 30,95% 30,53% 30,11% 29,69%

39,92%

38,33%

34,49%

30,60%29,40%

28,20%27,01% 25,81%

39,13%

36,41%

33,00%

2013 2014 2015 2016 2017 2018

Regulatory NT Losses/LV (Flexible) Regulatory NT Losses/LV (Final)

Real NT Losses/LV (forecast Light, Ref. August) Regulatory NT Losses/LV (AP)

Regulatory NT Losses/LV w/ Penalty

31,80%

40,41% 40,41%

31,27% 30,95% 30,53% 30,11% 29,69%

39,92%

38,33%

34,49%

30,60%29,40%

28,20%27,01% 25,81%

39,13%

36,41%

33,00%

2013 2014 2015 2016 2017 2018

Regulatory NT Losses/LV (Flexible) Regulatory NT Losses/LV (Final)

Real NT Losses/LV (forecast Light, Ref. August) Regulatory NT Losses/LV (AP)

Regulatory NT Losses/LV w/ Penalty

31,80%

40,41% 40,41%

31,27% 30,95% 30,53% 30,11% 29,69%

39,92%

38,33%

34,49%

30,60%29,40%

28,20%27,01% 25,81%

39,13%

36,41%

33,00%

2013 2014 2015 2016 2017 2018

Regulatory NT Losses/LV (Flexible) Regulatory NT Losses/LV (Final)

Real NT Losses/LV (forecast Light, Ref. August) Regulatory NT Losses/LV (AP)

Regulatory NT Losses/LV w/ Penalty

31,80%

40,41% 40,41%

31,27% 30,95% 30,53% 30,11% 29,69%

39,92%

38,33%

34,49%

30,60%29,40%

28,20%27,01% 25,81%

39,13%

36,41%

33,00%

2013 2014 2015 2016 2017 2018

Regulatory NT Losses/LV (Flexible) Regulatory NT Losses/LV (Final)

Real NT Losses/LV (forecast Light, Ref. August) Regulatory NT Losses/LV (AP)

Regulatory NT Losses/LV w/ Penalty

31,80%

40,41% 40,41%

31,27% 30,95% 30,53% 30,11% 29,69%

39,92%

38,33%

34,49%

30,60%29,40%

28,20%27,01% 25,81%

39,13%

36,41%

33,00%

2013 2014 2015 2016 2017 2018

Regulatory NT Losses/LV (Flexible) Regulatory NT Losses/LV (Final)

Real NT Losses/LV (forecast Light, Ref. August) Regulatory NT Losses/LV (AP)

Regulatory NT Losses/LV w/ Penalty

2013 2014 2015 2016 2017 2018

Regulatory Losses

Target

Regulatory Losses with Penalty

Final Proposal (according to methodology)Preliminary Proposal (according to methodology)

14

GENERATION BUSINESS

855 MW Installed CapacityConcessions Expiring Only in 2026

HPP Santa Branca

56 MWHPP Ilha dos

Pombos 187 MW

HPP Fontes Nova

132 MWHPP Underground

Nilo Peçanha - 380 MWHPP Pereira Passos

100 MW

SP

RJ

HPP Santa Branca

Paraiba do Sul River

HPP Ilha dos Pombos

100%

100%100%100%

Lajes Complex

100%

16

Re-pricing of existing energy Significant price increase due to replacement of former regulated contracts for new ones with

free clients

Contracted Energy (Regulated) Contracted Energy (Free) HedgeAvailable Energy

CONVENTIONAL ENERGY BALANCE ASSURED ENERGY (MW average)

17

2013 2014 2015 2016 2017 2018 2019 2020 20212013 2014 2015 2016 2017 2018 2019 2020 2021

392479

399290 272 234 239 228 228

12232

111220 239 276 271 282 282

25 25 25 25 25 25 25 25 25539 535 535 535 535 535 535 535 535

Conventional Energy BalanceAssured energy (MW average)

Contracted Energy (Free) Contracted Energy (Regulated) Available Energy Hedge

Generation ExpansionGrowth in renewable generation with experienced partners

ProjectInstalled Capacity

(MW)Assured Energy(MWaverage)

Operational Start

Stake

Paracambi 25 20 2012 51%

Renova336.2 (in operation)

1,113.2 (contracted)

171,8 (in operation)

574.6 (contracted)

2008/2012

2013-201721.99%

Belo Monte 11,223 4,571 2015 2.49%

Guanhães 44 25 2014 51%

Lajes 17 16 2015 51%

18

Capacidade Light Energia

(+) PCH Paracambi

(+) Renova Capacidade Atual

(+) Lajes (+) Renova (+) Belo Monte

(+) Guanhães

Capacidade após

expansão

Expansão da Geração (MW)

Evolution of Installed Capacity leading to a more balanced portfolio

(MW)

Installed Capacity

Capacity After Expansion

¹ Considering 51% stake

² Considering 21.99% stake

³ Considering 2.49% stake

+ 59.0%

(+) Belo Monte³

(+) SHPParacambi¹

(+) SHPLajes¹ (+) Guanhães¹ (+) Renova²

1,498

13 74* 9245

280

855

(+) Renova²Current

Capacity

* 9 MW SHP + 65 MW Wind Farm (since jul/12)

942

22

19

RESULTS

Net Revenue

Industrial 6.5%

NET REVENUE (R$MN)

Generation 7.6% Distribution

82,5%**

NET REVENUE BY SEGMENT (3Q13)*

Commercialization 9.9%

* Eliminations not considered

** Construction revenue not considered

NET REVENUE FROM DISTRIBUTION (3Q13)

Commercial 31.3%

Others (Captive) 13.0%

Network Use (TUSD)(Free +

Concessionaires)

8.3% Residential 40.9%

Construction RevenueRevenue w/out construction revenue

2.500,0

3.000,0

3.500,0

4.000,0

4.500,0

5.000,0

5.500,0

6.000,0

3T12 3T13 9M12 9M132T12 2T13 1S12 1S133Q133Q12

+0.6%

1,737.6

1,726.7170.3

1,615.2

1,556.4

122.4

+3.4%

4,945.6

5,147.1

455.2470.0

5,415.5

5,602.3

+3.8%

+4.1%

9M139M122T12 2T13 1S12 1S13

21

Operating Costs and Expenses

Manageable (distribution): R$

311.5(27.5%)

Generation and Commercialization: R$

206.2(18.2%)

Non manageable (distribution**): R$

614.6(54.3%)

* Eliminations not considered

** Construction revenue not considered

DISTRIBUTION MANAGEABLE COSTS (R$MN)COSTS (R$MN)*3Q13

R$ MN 3Q12 3Q13 Var. 9M12 9M13 Var.

PMSO 178.5 182.5 2.3% 516.0 568.8 10.2%

Provisions 52.3 41.0 -21.6% 222.9 152.8 -31.4%

PCLD 39.3 37.1 -5.6% 173.2 114.6 -33.8%

Contingencies 13.0 3.9 70.0% 49.7 38.3 -22.9%

Depreciation 69.3 86.0 24.1% 212.9 250.5 17.7%

Other operational/revenues expenses

1.5 (1.9) - (2.5) 14.8 -

Total 298.6 311.5 4.3% 954.3 987.0 3.4%

3T12 3T13 9M12 9M13

298.6 311.5

+4.3%

3Q133Q12 9M139M12

954.3 987.0

+3.4%

22

EBITDA

CONSOLIDATED EBITDA (R$MN) EBITDA BY SEGMENT*3Q13

Generation 14.3% (EBITDA Margin: 79.0%)

Commercialization 1.6%

(EBITDA Margin: 6.8%)

Distribution 84.1%

(EBITDA Margin: 42.7%)

*Eliminations not considered3T12 3T13 9M12 9M13

722.0

276.6

+161.1%

3Q12 3Q13 9M12 9M13

1,355.1

965.6

+40.3%

Distrib

uiçã

o ;

84,1

%; 84,

13%

Geraç

ão; 1

4,3%

;

14,2

7%

Com

ercia

lizaç

ão;

1,6%

; 1,6

0%

23

EBITDA

EBITDA3Q12

EBITDA3Q13

Net Revenu

e

Non-Manageabl

e Costs

Manageable Costs (PMSO)

Provisions

Regulatory Assets and Liabilities

Regulatory Assets and Liabilities

Adjusted EBITDA

3Q12

Adjusted EBITDA

3Q13

ADJUSTED EBITDA3Q12 / 3Q13 (R$ MN)

Others CDE Fund

EBITDA Ajustado -

2T11

Ativos e Passivos

Regulatórios

EBITDA -2T11

Receita Líquida

Custos Não Gerenciáveis

Custos Gerenciáveis

(PMSO)

Provisões EBITDA -2T12

Ativos e Passivos

Regulatórios

EBITDA Ajustado -

2T12

119

395

277

59100

(8) (22)

(329)

393

- 0.6%

+ 161.1%

12

722

303

24

EBITDA

EBITDA9M12

EBITDA9M13

Net Revenu

e

Non-Manageabl

e Costs

CDE Fund Provisions

Regulatory Assets and Liabilities

Regulatory Assets and Liabilities

Adjusted EBITDA 9M12

Adjusted EBITDA 9M13

ADJUSTED EBITDA 9M12 / 9M13 (R$ MN)

Manageable Costs (PMSO)

Others

EBITDA Ajustado -

2T11

Ativos e Passivos

Regulatórios

EBITDA -2T11

Receita Líquida

Custos Não Gerenciáveis

Custos Gerenciáveis

(PMSO)

Provisões EBITDA -2T12

Ativos e Passivos

Regulatórios

EBITDA Ajustado -

2T12

192

1,158966

202

(552)

(36) (109)

1,246

+ 7.6%

+ 40.3%

71

1,355765

(60)

25

EBITDA Ajustado -

2T11

Ativos e Passivos

Regulatórios

EBITDA -2T11

Receita Líquida

Custos Não Gerenciáveis

Custos Gerenciáveis

(PMSO)

Provisões EBITDA -2T12

Ativos e Passivos

Regulatórios

EBITDA Ajustado -

2T12

Net Income

3Q12 3Q13EBITDA

Financial Result

Taxes Others

ADJUSTED NET INCOME 3Q12 / 3Q13 (R$ MN)

Regulatory Assets and Liabilities

Regulatory Assets and Liabilities

Adjusted Net Income

3Q12

Adjusted Net Income

3Q13

LL Ajustado 3T12

Ativos e passivos

Regulatórios

3T12 EBITDA Resultado Financeiro

Impostos Outros 3T13 Ativos e passivos

Regulatórios

LL Ajustado 3T13

Lucro Líquido e Lucro Líquido Ajustado 1T12/1T13 - R$ Milhões

+ 282.1%

16278

84

445

(9)

(182)

(17)

321(217)

104

- 35.9%

26

EBITDA Ajustado -

2T11

Ativos e Passivos

Regulatórios

EBITDA -2T11

Receita Líquida

Custos Não Gerenciáveis

Custos Gerenciáveis

(PMSO)

Provisões EBITDA -2T12

Ativos e Passivos

Regulatórios

EBITDA Ajustado -

2T12

Net Income

9M12 9M13EBITDA

Financial Result

Taxes Others

ADJUSTED NET INCOME 9M12 / 9M13 (R$ MN)

Regulatory Assets and Liabilities

Regulatory Assets and Liabilities

Adjusted Net Income

9M12

Adjusted Net Income

9M13

LL Ajustado - 1S12

Ativos e passivos

Regulatórios

9M12 EBITDA Resultado Financeiro

Impostos Outros 9M13 Ativos e passivos

Regulatórios

LL Ajustado - 1S13

391

127

264

390

8

(166) (36)

458

(72)

387

+ 73.6%

- 1.1%

27

2007 2008 2009 2010 2011 2012

Dividends

*Based on Net Income of the year, before IFRS adjustments

*

28

2008 2009 2010 2011 2012 2013

554595

795

556

438

92

87

87

469 351

Dividend Yield*Dividendos Interest on Equity Dividend Yield*

Dividends

Interest on Equity

*Based on the closing price the day before the announcement

Minimum Dividend PolicyPayout

12.4%11.6%

16.2%

9.5%8.7%

2.4%

2008 2009 2010 2011 2012 2013

100% 100%

76.3%81.0%

100%

97,2%

50%

Custo Nominal Custo Real

Indebtedness

Average Term: 4.3 years

AMORTIZATION SCHEDULE* (R$ MN)

Nominal Cost Real Cost

NET DEBT¹Without Pension Fund

*ConsideringHedge

* Principal only

COST OF DEBT

2012201120102007 2008 2009 set/10

Custo Real Custo Nominal

sep/13

Net Debt / EBITDA

2009 2010 2011 2012

Custo Nominal Custo Real

2009 2010 2011 2012

Custo Nominal Custo Real

2009 2010 2011 2012

Custo Nominal Custo Real

3T09 3T10 9M09 9M10Sep/13Jun/13

2.24%

8.21%

4.87%

11.08%

4.25%

11.03%

8.83%

2.81%

1 Reclassified to reflect the deconsolidation results of jointly controlled companies.

TJLP15.1%

CDI 72.8%

IPCA 10.4%

Others 1.5%

U$/Euro 0.2%

4,151.6

2,622,68

4,056.1

20092010

Custo Real

Custo Real2013 2014 20152013 2014 2015 2016 2017 2018 2019 2020 2021 Após

2021

150

557773

1,009802

666437 441 441

545

2016 2017 2018 2019 2020 2021 After 2021

29

Investments

CAPEX (R$ MN)CAPEX BREAKDOWN

(R$ MN)9M13

Generation14.1

Administration 20.3

Others7.1

Develop. of Distribution System

253.5

Losses Combat133.4

Investments in Electric Assets (Distribution)

Commerc./Energy Eficiency53.8

2008 2009 2010 2011 2012 2008 2009 2010 2011 9M11 9M1220102009

563.8

928.6

700.6

2011 2012

796.8

694.1

102.7

446.9

116.9

518.8

181.8774.8

153.8

2008 2009 2010 2011 9M11 9M129M139M12

302.3

482.0 393.9

45.888.3

527.8 482.2

-18.3%

30

Why invest in Light?

Major upcoming events Integration of favelas Pro-business environment New plants investments Expansion of the existing ones Market growth

Economic Transformation in the Concession

Area

Progress in the Technology Program

New network and meters in the pacified favelas

Smart metering development“Zero Losses Area” Program

Energy Losses Reduction

Investment in Renova, Belo Monte and Guanhães (total of 547 MW)

SHP Lajes under construction.

Growth in the Generation Business

New PPAs starting in 2013 and 2014

Revenues increase with no aditional costs.

Very active trading subsidiary

Repricing of Existing Energy

Listed in “Novo Mercado” of Bovespa;

Board Committees very active Included in the Sustainability

Index (ISE) of Bovespa for the sixth year.

Best-in-Class Corporate

Governance

Sound Dividend Policy: minimum 50% of net income;

Average payout since 2007: 91%

Dividend track Record

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Important Notice

This presentation may include declarations that represent forward-looking statements according to Brazilian regulations and international movable values. These declarations are based on certain assumptions and analyses made by the Company in accordance with its experience, the economic environment, market conditions and future events expected, many of which are out of the Company’s control. Important factors that can lead to significant differences between the real results and the future declarations of expectations on events or business-oriented results include the Company’s strategy, the Brazilian and international economic conditions, technology, financial strategy, developments of the public service industry, hydrological conditions, conditions of the financial market, uncertainty regarding the results of its future operations, plain, goals, expectations and intentions, among others. Because of these factors, the Company’s actual results may significantly differ from those indicated or implicit in the declarations of expectations on events or future results.

The information and opinions herein do not have to be understood as recommendation to potential investors, and no investment decision must be based on the veracity, the updated or completeness of this information or opinions. None of the Company’s assessors or parts related to them or its representatives will have any responsibility for any losses that can elapse from the use or the contents of this presentation.

This material includes declarations on future events submitted to risks and uncertainties, which are based on current expectations and projections on future events and trends that can affect the Company’s businesses. These declarations include projections of economic growth and demand and supply of energy, in addition to information on competitive position, regulatory environment, potential growth opportunities and other subjects. Various factors can adversely affect the estimates and assumptions on which these declarations are based on.

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Contacts

João Batista Zolini CarneiroCFO and IRO

Luiz Felipe Negreiros de SáSuperintendent of Finance and Investor Relations

+55 21 2211 2814 felipe.sa@light.com.br

Gustavo WerneckIR Manager

+ 55 21 2211 2560gustavo.souza@light.com.br

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