LIGHT S.A.

Corporate Taxpayers ID (CNPJ/MF) 03.378.521/0001-75 Corporate Registry ID (NIRE) 33.3.0026316-1 Publicly-held Company EXCERPT OF THE MINUTES OF THE BOARD OF DIRECTORS MEETING OF LIGHT S.A. HELD ON AUGUST 7, 2009, DRAWN UP IN SUMMARY FORMAT AS AUTHORIZED BY PARAGRAPH 1, ARTICLE 130 OF LAW 6,404/76.

1. Date, time and place: Held on August 7, 2009 at 10:30 A.M. at Av. Marechal Floriano, n 168, parte, 2 andar, Corredor A, Centro, in the City and State of Rio de Janeiro. 2. Attendance: Sitting members Aldo Floris, Carlos Roberto Teixeira Junger, Djalma Bastos de Morais, Elvio Lima Gaspar, Firmino Ferreira Sampaio Neto, Jos Luiz Silva Ruy Flaks Schneider, and Eduardo Borges de Andrade, who served as meeting Chairman, as well as acting deputy members Ana Marta Horta Veloso and Paulo Reckziegel Guedes. Deputy board members Joo Batista Zolini Carneiro, Ricardo Simonsen, Carmen Lcia Claussen Kanter and Almir Jos dos Santos also attended the meeting, but abstained from voting. Attorney Patricia Veiga Borges was invited to be the Secretary of the meeting. Officers Jos Luiz Alqures and Ronnie Vaz Moreira also attended the meeting. 3. Agenda Resolutions: 3.2. Election of the Board of Executive Officers of Light S.A., Light SESA and Light Energia. 3.2.1. Board of Executive Officers of Light S.A. By unanimous vote, the Board of Directors approved the reelection of the following members to Light S.A.s Board of Executive Officers for a three-year term of office: (a) to the position of Chief Executive Officer, Mr. Jos Luiz Alqures, Brazilian, married, civil engineer, identity card no. 13.829- D CREA 5 Regio, Individual Taxpayers ID (CPF/MF) no. 027.190.707-00, with offices in the City and State of Rio de Janeiro at Avenida Marechal Floriano 168, Centro, CEP 20080-002, (b) to the position of Executive Vice President and Investor Relations Officer, Mr. Ronnie Vaz Moreira, Brazilian, married, economist, identity card no. 3.888.344 IFP, Individual Taxpayers ID (CPF/MF) no. 512.405.487-53, with offices in the City and State of Rio de Janeiro at Avenida Marechal Floriano 168, Centro, CEP 20080-002, (c) to the position of Human Resources Officer, Ms. Ana Silvia Corso Matte, Brazilian, single, lawyer, identity card no. 731-B OAB/RJ, Individual Taxpayers ID (CPF/MF) no. 263636150-20, with offices in the City and State of Rio de Janeiro at Avenida Marechal Floriano 168, Centro, CEP 20080-002, (d) to the position of Chief Operations and Customers Officer, Mr. Roberto Manoel Guedes Alcoforado, Brazilian, married, electrical engineer, identity card no. 744.052 SSP/PE, Individual Taxpayers ID (CPF/MF) no. 069.553.554-49, with offices in the City and State of Rio de Janeiro at Avenida Marechal Floriano 168, Centro, CEP 20080-002, (e) to the position of Sustainable Development and Concessions Officer, Mr. Paulo Henrique Siqueira Born, Brazilian, single, civil engineer, identity card no. 1126630 SSP/PR, Individual Taxpayers ID (CPF/MF) no. 318.278.109-04, with offices in the City and State of Rio de Janeiro at Avenida Marechal Floriano 168, Centro, CEP 20080-002, (f) to the position of Generation Officer, Mr. Lus Fernando de Almeida Guimares, Brazilian, married, civil engineer, CREA RJ professional identification card no. 71101397-8, Individual Taxpayers ID (CPF/MF) no. 267314447-15, with offices in the City and State of Rio de Janeiro at Av. Marechal Floriano 168, bloco I, 2 andar, Centro, CEP 20080-002, (g) to the position of New Business and Institutional Officer, Mr. Paulo Roberto Ribeiro Pinto, Brazilian, married, accountant, identity card no. 2.366.736

SSP/IFP/RJ, Individual Taxpayers ID (CPF/MF) no. 126.023.707-97, with offices in the City and State of Rio de Janeiro at Av. Marechal Floriano 168, bloco I, 2 andar, Centro, CEP 20080-002, and (h) to the position of Network Officer, Mr. Gustavo Csar de Alencar, Brazilian, married, electrical engineer, identity card no. 1.418.529 SDS/PE, Individual Taxpayers ID (CPF) no. 243.913.524/00, CREA PE012494D, with offices in the City and State of Rio de Janeiro at Av. Marechal Floriano 168, bloco I, 2 andar, Centro, CEP 20080002, maintaining the duties and responsibilities previously established by the Board of Directors. The Board of Directors also decided to maintain in the position of Legal Officer on a nonstatutory basis Mr. Luiz Cludio Cristfaro, Brazilian, married, lawyer, identity card no. 97.449- OAB/RJ, Individual Taxpayers ID (CPF) no. 864.099.807-87, with offices in the City and State of Rio de Janeiro, at Av. Marechal Floriano 168, bloco I, 2 andar, Centro, CEP 20080-002, maintaining the duties and responsibilities previously established by the Board of Directors. 3.2.2. Board of Executive Officers of Light Servios de Eletricidade S.A. By unanimous vote, the Board of Directors approved and recommended that the board members appointed by Light S.A. to the Board of Directors of Light S.E.S.A. approve the reelection of the following members to the Board of Executive Officers of Light Servios de Eletricidade S.A. for a three-year term of office: (a) to the position of Chief Executive Officer, Mr. Jos Luiz Alqures, Brazilian, married, civil engineer, identity card no. 13.829D CREA 5 Regio, Individual Taxpayers ID (CPF/MF) no. 027.190.707-00, with offices in the City and State of Rio de Janeiro at Avenida Marechal Floriano 168, Centro, CEP 20080002, (b) to the position of Executive Vice President and Investor Relations Officer, Mr. Ronnie Vaz Moreira, Brazilian, married, economist, identity card no. 3.888.344 IFP, Individual Taxpayers ID (CPF/MF) no. 512.405.487-53, with offices in the City and State of Rio de Janeiro at Avenida Marechal Floriano 168, Centro, CEP 20080-002, (c) to the position of Human Resources Officer, Ms. Ana Silvia Corso Matte, Brazilian, single, lawyer, identity card no. 731-B OAB/RJ, Individual Taxpayers ID (CPF/MF) no. 263636150-20, with offices in the City and State of Rio de Janeiro at a Avenida Marechal Floriano 168, Centro, CEP 20080-002, (d) to the position of Chief Operations and Customers Officer, Mr. Roberto Manoel Guedes Alcoforado, Brazilian, married, electrical engineer, identity card no. 744.052 SSP/PE, Individual Taxpayers ID (CPF/MF) no. 069.553.554-49, with offices in the City and State of Rio de Janeiro at Avenida Marechal Floriano 168, Centro, CEP 20080002, (e) to the position of Sustainable Development and Concessions Officer, Mr. Paulo Henrique Siqueira Born, Brazilian, single, civil engineer, identity card no. 1126630 SSP/PR, Individual Taxpayers ID (CPF/MF) no. 318.278.109-04, with offices in the City and State of Rio de Janeiro, at Avenida Marechal Floriano 168, Centro, CEP 20080-002, (f) to the position of Generation Officer, Mr. Lus Fernando de Almeida Guimares, Brazilian, married, civil engineer, CREA RJ professional identification card no. 71101397-8, Individual Taxpayers ID (CPF/MF) no. 267314447-15, with offices in the City and State of Rio de Janeiro at Av. Marechal Floriano 168, bloco I, 2 andar, Centro, CEP 20080-002, (g) to the position of New Business and Institutional Officer, Mr. Paulo Roberto Ribeiro Pinto, Brazilian, married, accountant, identity card no. 2.366.736 SSP/IFP/RJ, Individual Taxpayers ID (CPF/MF) no.126.023.707-97, with offices in the City and State of Rio de Janeiro at Av. Marechal Floriano 168, bloco I, 2 andar, Centro, CEP 20080-002, and (h) to the position of Network Officer, Mr. Gustavo Csar de Alencar, Brazilian, married, electrical engineer, identity card no. 1.418.529 SDS/PE, Individual Taxpayers ID (CPF) no. 243.913.524/00, CREA PE012494D, with offices in the City and State of Rio de Janeiro at Av. Marechal Floriano 168, bloco I, 2 andar, Centro, CEP 20080-002, maintaining the duties and responsibilities previously established by the Board of Directors. The Board of Directors also decided to maintain in the position of Legal Officer on a nonstatutory basis Mr. Luiz Cludio Cristfaro, Brazilian, married, lawyer, identity card no.

97.449- OAB/RJ, Individual Taxpayers ID (CPF) no. 864.099.807-87, with offices in the City and State of Rio de Janeiro, at Av. Marechal Floriano 168, bloco I, 2 andar, Centro, CEP 20080-002, maintaining the duties and responsibilities previously established by the Board of Directors. 3.2.3. Board of Executive Officers of Light Energia S.A. By unanimous vote, the Board of Directors approved Light S.A.s planned vote to reelection of the following members to the Board of Executive Officers of Light Energia S.A. for a threeyear term of office at the Extraordinary General Meeting to be called: (a) to the position of Chief Executive Officer, Mr. Jos Luiz Alqures, Brazilian, married, civil engineer, identity card no. 13.829- D CREA 5 Regio, Individual Taxpayers ID (CPF/MF) no. 027.190.707-00, with offices in the City and State of Rio de Janeiro at Avenida Marechal Floriano 168, Centro, CEP 20080-002, (b) to the position of Executive Vice President and Investor Relations Officer, Mr. Ronnie Vaz Moreira, Brazilian, married, economist, identity card no. 3.888.344 IFP, Individual Taxpayers ID (CPF/MF) no. 512.405.487-53, with offices in the City and State of Rio de Janeiro at Avenida Marechal Floriano 168, Centro, CEP 20080-002, (c) to the position of Human Resources Officer, Ms. Ana Silvia Corso Matte, Brazilian, single, lawyer, identity card no. 731-B OAB/RJ, Individual Taxpayers ID (CPF/MF) no. 26363615020, with offices in the City and State of Rio de Janeiro at a Avenida Marechal Floriano 168, Centro, CEP 20080-002, (d) to the position of Generation Officer, Mr. Lus Fernando de Almeida Guimares, Brazilian, married, civil engineer, CREA RJ professional identification card no. 71101397-8, Individual Taxpayers ID (CPF/MF) no. 267314447-15, with offices in the City and State of Rio de Janeiro at Av. Marechal Floriano 168, bloco I, 2 andar, Centro, CEP 20080-002, and (e) to the position of New Business and Institutional Officer, Mr. Paulo Roberto Ribeiro Pinto, Brazilian, married, accountant, identity card no. 2.366.736 SSP/IFP/RJ, Individual Taxpayers ID (CPF/MF) no.126.023.707-97, with offices in the City and State of Rio de Janeiro at Av. Marechal Floriano 168, bloco I, 2 andar, Centro, CEP 20080-002, maintaining the duties and responsibilities previously established by the Board of Directors. 3.10. ACD PCH Paracambi. The Board of Executive Officers presented a proposal for (i) installation of the PCH Paracambi with the budget presented, (ii) contracting EPC with Consrcio Construtor Paracambi, comprised of the companies Orteng and Quebec, and (iii) Consrcio Construtor Paracambis immediate beginning of Consolidation of the Basic Engineering Design, pursuant to ACD E-009/2009. The Management Committee recommended approval of the proposal. By unanimous vote, the Board of Directors approved the Board of Executive Officers proposal, pursuant to the provisions of ACD E-009/2009, for (i) installation of the PCH Paracambi with the budget presented, provided that the approval of the amounts related to land purchases and improvements be subject to analysis and validation of the Management Committee at a meeting to be scheduled, (ii) contracting EPC with Consrcio Construtor Paracambi, comprised of the companies Orteng and Quebec, and (iii) Consrcio Construtor Paracambis immediate beginning of Consolidation of the Basic Engineering Design, and further authorized the Board of Executive Officers to take all measures necessary to carry out this resolution. The Board of Directors noted that it considers the Carbon Credits incentive according to the rules of the Clean Development Mechanism, which is an integral part of the Kyoto Protocol, to be what makes the project economically feasible. Within this context, the Board of Executive Officers informed that LightGer has remained in contact with a consulting firm specializing in the process of obtaining credits.

3.12. Increase of the Managements Overall Annual Compensation. 3.12.1. By unanimous vote, the Board of Directors approved the proposal of the Board of Executive Officers to increase the overall annual compensation of the Board of Executive Officers and the Board of Directors of Light S.A., Light S.E.S.A. and Light Energia S.A., as follows: Light S.A.: R$25,116.75. Light S.E.S.A.: R$225,200.71 Light Energia S.A.: R$850.03. 3.12.2. The Board of Directors approved the call for an Extraordinary General Meeting of Light S.A. to resolve on the increase of the overall annual compensation of the Board of Executive Officers and the Board of Directors of Light S.A. according to item 3.12.1 above. 3.12.3. By unanimous vote, the Board of Directors approved and recommended that the board members appointed by Light S.A. to the Board of Directors of Light S.E.S.A. ratify the call for an Extraordinary General Meeting of Light Servios de Eletricidade S.A. to resolve on the increase the overall annual compensation of the Board of Executive Officers and the Board of Directors of Light Servios de Eletricidade S.A. By unanimous vote, the Board of Directors approved Light S.A.s planned vote to approve the increase of the overall annual compensation of the Board of Executive Officers and the Board of Directors of Light Servios de Eletricidade S.A. according to item 3.12.1 above at the Extraordinary General Meeting of Light S.E.S.A. to be called. 3.12.4. By unanimous vote, the Board of Directors approved the call of an Extraordinary General Meeting of Light Energia S.A. to resolve on the increase the overall annual compensation of the Board of Executive Officers and the Board of Directors of Light Energia S.A. By unanimous vote, the Board of Directors approved Light S.A.s planned vote to approve the increase the overall annual compensation of the Board of Executive Officers and the Board of Directors of Light Energia S.A. according to item 3.12.1 above at the Extraordinary General Meeting of Light S.E.S.A. to be called.

This is a free English translation of the excerpt of the minutes of the Board of Directors meeting of Light S.A. held on the date hereof. Rio de Janeiro, August 7, 2009.

Patricia Veiga Borges Secretary