LIGHT S.A.

Corporate Taxpayers ID (CNPJ/MF): 03.378.521/0001-75

Company Registry (NIRE): 33.3.0026.316-1
Publicly-Held Company
EXCERPT OF THE MINUTES OF THE BOARD OF DIRECTORS MEETING OF LIGHT S.A.
HELD ON JANUARY 19, 2015, DRAWN UP IN SUMMARY FORMAT, PURSUANT TO
PARAGRAPH ONE OF ARTICLE 130 OF LAW 6,404 OF DECEMBER 15, 1976 (BRAZILIAN
CORPORATION LAW).
1. Date, time and venue: January 19, 2015, at 2:00 p.m., at the headquarters of Light S.A.
("Company"), located at Avenida Marechal Floriano, 168, parte, 2 andar, corredor A, Centro, in
the city and state of Rio de Janeiro.
2. Attendance: The sitting Board members Sergio Alair Barroso, Chairman of the Meeting,
Djalma Bastos de Morais, Raul Belens Jungmann Pinto, Guilherme Narciso de Lacerda and
Carlos Alberto da Cruz, and the acting alternate Board members Csar Vaz de Melo Fernandes,
Carmen Lcia Claussen Kanter, Jos Augusto Gomes Campos, Marcelo Pedreira Oliveira and
Almir Jos dos Santos attended the meeting. The alternate Board member Wilson Borrajo Cid
also attended the meeting but abstained from voting. The attorney Cludia de Moraes Santos
was invited to act as Secretary of the Meeting. The Companys CEO, Paulo Roberto Ribeiro
Pinto, and the Executive Officers Joo Batista Zolini Carneiro, Andreia Ribeiro Junqueira e
Souza, Paulo Carvalho Filho, Fernando Antonio Fagundes Reis, Ricardo Cesar Costa Rocha
and Luiz Otvio Ziza Mota Valadares were also present but did not vote.
3. Matters addressed:
3.4. ACD E-004/2015 (Light S.A. and Light ESCO S.A.) Re-ratify the voting instruction
concerning the (BNDES) Proesco Energy Efficiency Project financing at Shopping Rio
Design Leblon.
By recommendation of the Management Committee, the Board of Directors, having the Board
member Guilherme Narciso de Lacerda abstained from voting, instructed the Board Members
appointed by the Company to vote favorably at the meeting of the Board of Directors of Light
ESCO Prestao de Servios S.A. (Light Esco) which will resolve on the rectification of the
term of use and grace period related to the contracting of a financing from BNDES, from until
March 15, 2015 to until February 15, 2015, with all other conditions related to the financing
already approved by the Board of Directors of Light S.A. on December 12, 2014 and by the
Board of Directors of Light ESCO on December 12, 2014 remaining unchanged, pursuant to the
terms and other conditions included in the Dir. Letter 300/2014 sent with the Decision of the
Board of BNDES P-12/2014 of October 6, 2014, as per the ACD E-004/2015, of January 23,
2015.
3.8. Call for Extraordinary Shareholders Meeting and voting instruction to change the
composition of the Board of Directors of Light S.A., Light S.E.S.A. and Light Energia S.A.
The Board of Directors unanimously approved the Chairmans proposal to call an Extraordinary
Shareholders Meeting, to be held on February 5, 2015, at 10:00 a.m., to resolve on the change
in the composition of the Board of Directors. In case the quorum is not achieved, a second call
will be made within the legal term.
The Board of Directors unanimously instructed the Board Members appointed by the Company
to vote favorably at the meeting of the Board of Directors of Light S.E.S.A. which will resolve on
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Minutes of the Board of Directors Meeting of Light S.A. held on January 19, 2015, at 2:00 p.m. (continuation)

the call for an Extraordinary Shareholders Meeting of Light S.E.S.A. to be held on February 5,
2015, at 11:00 a.m., to resolve on the change in the composition of the Board of Directors.
The Board of Directors unanimously instructed the Board Members appointed by the Company
to vote favorably at the meeting of the Board of Directors of Light Energia S.A. which will resolve
on the call for an Extraordinary Shareholders Meeting of Light Energia S.A. to be held on
February 5, 2015, at 12:00 p.m., to resolve on the change in the composition of the Board of
Directors.
4. Resignation of members of the Companys Board of Directors.
The Chairman of the Board of Directors informed that he received a letter of resignation from
the sitting Board members Sergio Alair Barroso, Humberto Eustquio Csar Mota, Raul Belens
Jungmann Pinto, Maria Estela Kubitschek Lopes, Djalma Bastos de Morais and David
Zylbersztajn, as well as from the alternate Board members Luiz Fernando Rolla, Carmen Lucia
Claussen Kanter, Wilson Borrajo Cid, Jos Augusto Gomes Campos and Almir Jos dos
Santos.
Aiming to prevent the Board of Directors from lacking the minimum number of members
necessary to make decisions, the presently resigning Board members informed that they will
remain on their respective positions until the Extraordinary Shareholders Meeting that will
resolve on this matter, and their date of resignation will officially be the date of said meeting.
The other Board members expressed their gratitude to Sergio Alair Barroso, Humberto
Eustquio Csar Mota, Raul Belens Jungmann Pinto, Maria Estela Kubitschek Lopes, Djalma
Bastos de Morais, David Zylbersztajn, Luiz Fernando Rolla, Carmen Lucia Claussen Kanter,
Wilson Borrajo Cid, Jos Augusto Gomes Campos and Almir Jos dos Santos and praised their
work during the time they acted as Board members of the Company.
This is a free English translation of the excerpt of the minutes recorded in the
Companys records of the Board of Directors Meeting of Light S.A. held on this date.
Cludia de Moraes Santos
Secretary of the Meeting

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