LIGHT S.A. Corporate Taxpayers ID (CNPJ) 03.378.521/0001-75 Corporate Registry ID (NIRE) 3.330.026.

316-1 Publicly-Held Company NOTICE TO THE SHAREHOLDERS The management of Light S.A. (Company), in compliance with CVM Rule 358/02, hereby informs that the Board of Directors Meeting, held on December 16, 2011, approved: I the distribution of dividends in the amount of R$118,281,754,80 (one hundred and eighteen million, two hundred and eighty one thousand, seven hundred and fifty four reais and eighty cents), based on results established in September 30, 2011, that represents R$ 0.5800 per share. Payment will be made on December 28, 2011, without withholding income tax at source (as art. 10 of Law 9249/95); II the distribution of interest on capital of R$ 86,753,549.12 (eighty-six million, seven hundred fifty-three thousand, five hundred and forty-nine reais and twelve cents), representing R$ 0.4254 per share for the year 2011. The payment date will be defined until April 30th, 2012, by the net amount of R$ 0.36159 per share, already deducted 15% (fifteen percent) of income tax, except for shareholders who are exempt from such taxation, which will receive the declared value; III the interest on capital, net of income tax, and the dividends will be imputed to mandatory dividends for the year, as provided in Dividend Policy approved by the Board of Directors of the Company; IV Entitled to receive the amount, all holders of shares on the base date of December 16, 2011, and the transfer of shares from December 19, 2011 will be made ex dividend and ex interest; and, V that (a) the shareholders who have their registration updated with Banco Bradesco S.A. shall have their dividends and interest on capital available, without monetary restatement, in their banks, as provided to the depositary institution; (b) the shareholders using fiduciary custodies shall have their dividends credited according to the procedures adopted by the Stock Exchanges; (c) the shareholders with shares held in custody at CBLC shall be paid by means of the respective depositing brokers; and (d) the shareholders who do not have their registration updated shall go to one of the branches of Banco Bradesco S.A. to regulate their registrations, and receive the amount to which they are entitled. According to Paragraph 6 of Article 25 of the Companys Bylaws, dividends and interest on capital that are not claimed within 3 (three) years, counting from the Start of Payment Date, will be transferred to the Company. Light S.A. Joo Batista Zolini Carneiro CFO and IRO