LIGHT S.A.

Corporate Taxpayers ID (CNPJ/MF) 03.378.521/0001-75 Corporate Registry ID (NIRE) 3.330.026.316-1 PUBLICLY-HELD COMPANY

EXTRACT OF THE MINUTES OF THE BOARD OF DIRECTORS MEETING OF LIGHT S.E.S.A., HELD ON MARCH 2, 2010, DRAWN UP IN SUMMARY FORMAT, AS AUTHORIZED BY PARAGRAPH 1, ARTICLE 130 OF LAW 6,404/76.

1. Date, time and place: Held on March 2, 2010, at 1:00 pm, at Av. Marechal Floriano, 168, 2 andar, Corredor A, Centro, in the City and State of Rio de Janeiro.

2. Attendance: Sitting members Aldo Floris, chairman of the meeting, Djalma Bastos de Morais, Eduardo Borges de Andrade, represented by Board Member Luiz Fernando Rolla as per the presented power-of-attorney, Firmino Ferreira Sampaio Neto, Ricardo Coutinho de Sena, represented by Board Member Luiz Fernando Rolla as per the presented power-ofattorney, Srgio Alair Barroso, Elvio Lima Gaspar, Jos Luiz Silva, Ruy Flaks Schneider, as well as the deputy Board Members in exercise Ana Marta Horta Veloso and Ricardo Simonsen. The deputy Board Members Joo Batista Zolini Carneiro, Joaquim Dias de Castro, Luiz Fernando Rolla, Paulo Reckziegel Guedes, represented by his attorney-in-fact the Board Member Luiz Fernando Rolla, and Almir Jos dos Santos also attended the meeting, however without voting. The attorney Patricia Veiga Borges was invited be the secretary of the meeting. Officers Jos Luiz Alqures and Ronnie Vaz Moreira also attended the meeting. The Chairman of the meeting received the powers-of-attorney filed at the Company's headquarters. 3. Agenda Resolutions: 3.4. Amendment to the Bylaws of Light S.A., of Light S.E.S.A. and of Light Energia S.A. in order to restructure the Executive Board, its duties and responsibilities. 3.4.1. Amendment to the Bylaws of Light S.A. The Board of Directors approved, by unanimous vote, the summoning of a Company Extraordinary General Meeting to deliberate on the amendment to the Bylaws of Light S.A., in order to restructure the Executive Board, its duties and responsibilities, as proposed. 3.4.2. Amendment to the Bylaws of Light S.E.S.A. The Board of Directors approved and recommended the Board Members appointed by Light S.A. at the Board of Directors of Light S.E.S.A. to approve the summoning of an Extraordinary General Meeting of Light S.E.S.A. to deliberate on the amendment to the

Extract of the Minutes of the Board of Directors Meeting of Light S.A., held on March 2, 2010, at 10:30 AM (continued)

Bylaws of Light S.E.S.A., in order to restructure the Executive Board, its duties and responsibilities, as proposed. The Board approved, by unanimous vote, the favorable vote of the Company to be cast at the Extraordinary General Meeting of Light S.E.S.A. that shall resolve on item 3.4.2. herein. 3.4.3. Amendment to the Bylaws of Light Energia S.A. The Board of Directors authorized, by unanimous vote, the Executive Board of Light S.A. to take all necessary measures to call an Extraordinary General Meeting of Light Energia S.A., to deliberate on the amendment to the Bylaws of Light Energia S.A., in order to restructure the Executive Board, its duties and responsibilities, as proposed. The Board also approved the favorable vote of the Company to be cast at the Extraordinary General Meeting of Light Energia .S.A. that shall resolve on item 3.4.3. herein. 3.5. Election of the Executive Board of the Light Group. 3.5.1. Executive Board of Light S.A. In view of the removal from office of the Chief Executive Officer, Mr. Jos Luiz Alquers and of the Vice Chief Executive and Investor Relations Officer, Mr. Ronnie Vaz Moreira, as per resolution of the Board of Directors on November 6, 2009, made effective as of today, and the removal from office on this date of the Executive Officers Roberto Manoel Guedes Alcoforado, Paulo Henrique Siqueira Born, Gustavo Csar de Alencar and Luis Fernando de Almeida Guimares from the positions of Executive Officers of Light S.E.S.A., the Board approved, by unanimous vote, to elect the following members to replace the removed statutory members, for the remaining term-of-office: (a) for the position of Chief Executive Officer, Mr. Jerson Kelman, Brazilian, married, civil engineer, Identity Card (RG) no. 2110741 IFP/RJ, Individual Taxpayers ID (CPF) no. 155082937-87, with office in the City and State of Rio de Janeiro, at Avenida Marechal Floriano 168, Centro, CEP 20080-002, (b) on an interim basis, for the position of Vice Chief Executive and Investor Relations Officer, Mr. Joo Batista Zolini Carneiro, Brazilian, married, economist, Identity Card (RG) no. MG 752518 SSP/MG, Individual Taxpayers ID (CPF) no. 485.662.926-34, with office in the City and State of Rio de Janeiro, at Avenida Marechal Floriano 168, Centro, CEP 20080002, (c) for the position of Chief Operations and Customers Officer, and, at the same time, of Generation Officer, Mr. Evandro Leite Vasconcelos, Brazilian, married, engineer, Identity Card (RG) no. M 595388- SSP/MG, Individual Taxpayers ID (CPF/MF) no. 251.704.146-68, with office in the City and State of Rio de Janeiro, at Avenida Marechal Floriano 168, Centro, CEP 20080-002, (d) for the position of Sustainable Development and Concessions Officer, Mr. Paulo Carvalho Filho, Brazilian, married, engineer, Identity Card (RG) no. 1.823.179-5 IFP/RJ, Individual Taxpayers ID (CPF/MF) no. 221.396.217-00, with office in the City and State of Rio de Janeiro, at Avenida Marechal Floriano 168, Centro, CEP 20080-002, and (e) for the position of Network Officer, Mr. Jos Humberto Castro, Brazilian, married, engineer, Identity Card (RG) no. 220247 SSP/MG, Individual Taxpayers ID (CPF) no. 160.463.316-68, with office in the City and State of Rio de Janeiro, at Av. Marechal Floriano 168, Centro, CEP 20080-002, whose the duties and responsibilities are set forth in the Companys Bylaws. The Board also approved to maintain in the position of HR Officer, Ms. Ana Silvia Corso Matte, Brazilian, single, lawyer, Identity Card no. 731-B OAB/RJ, Individual Taxpayers ID (CPF/MF) 263636150-20, with office in the City and State of Rio de Janeiro, at Avenida Marechal Floriano 168, Centro, CEP 20080-002 and in the position of News Businesses and Institutional Officer, Mr. Paulo Roberto Ribeiro Pinto, Brazilian, married, accountant, Identity Card (RG) no. 2.366.736 SSP/IFP/RJ and Individual Taxpayers ID (CPF/MF) no. 126.023.707-97, with business address in the City and State of Rio de Janeiro, at Av.

Extract of the Minutes of the Board of Directors Meeting of Light S.A., held on March 2, 2010, at 10:30 AM (continued)

Marechal Floriano 168, bloco I, 2. Andar, Centro, CEP 20080-002, whose duties and responsibilities are set forth in the Companys Bylaws. The Board also approved to eliminate the non-statutory position of Legal Officer. 3.5.2. Executive Board of Light Servios de Eletricidade S.A. In view of the removal from office of the Chief Executive Officer, Mr. Jos Luiz Alqures and of the Vice Chief Executive and Investor Relations Officer, Mr. Ronnie Vaz Moreira, as per resolution of the Board of Directors on November 6, 2009, made effective as of today, and the removal from office on this date of the Executive Officers Roberto Manoel Guedes Alcoforado, Paulo Henrique Siqueira Born, Gustavo Csar de Alencar and Luis Fernando de Almeida Guimares from the positions of Executive Officers at Light S.E.S.A., the Board approved, by unanimous vote, and recommended the Board Members appointed by Light S.A. in the Board of Directors of Light S.E.S.A. to approve the election of the following members to replace the statutory Officers removed from office, for the remaining term-ofoffice: (a) for the position of Chief Executive Officer, Mr. Jerson Kelman, (b) on an interim basis, for the position of Vice Chief Executive and Investor Relations Officer, Mr. Joo Batista Zolini Carneiro, (c) for the position of Chief Operations and Customers Officer, and, at the same time, of Transmission and Environment Officer, Mr. Evandro Leite Vasconcelos, (d) for the position of Sustainable Development and Concessions Officer, Mr. Paulo Carvalho Filho, and (e) for the position of Network Officer, Mr. Jos Humberto Castro, all of whom qualified in item 3.5.1. above, whose duties and responsibilities are set forth in the Bylaws of LIGHT S.E.S.A. The Board of Directors approved and recommended the Board Members appointed by Light S.A. in the Board of Directors of Light S.E.S.A. to approve the maintenance of the HR Officer, Ms. Ana Silvia Corso Matte and the New Businesses and Institutional Officer, Mr. Paulo Roberto Ribeiro Pinto, all qualified above, whose duties and responsibilities are set forth in the Bylaws of LIGHT S.E.S.A. The Board of Directors also approved and recommended the Board Members appointed by Light S.A. in the Board of Directors of Light S.E.S.A. to approve the elimination of the nonstatutory position of Legal Officer. 3.5.3. Executive Board of Light Energia S.A. In view of the removal from office of the Chief Executive Officer, Mr. Jos Luiz Alqures and of the Vice Chief Executive and Investor Relations Officer, Mr. Ronnie Vaz Moreira, and of the Executive Officer Luis Fernando de Almeida Guimares from the position of Executive Officer of LIGHT Energia S.A., the Board approved, by unanimous vote the favorable vote of Light S.A. to be cast at the Extraordinary General Meeting of Light Energia S.A., yet to be called, with regards to the election of the following members to replace the Officers removed from office, for the remaining term-of-office: (a) for the position of Chief Executive Officer, Mr. Jerson Kelman, (b) on an interim basis, for the position of Vice Chief Executive and Investor Relations Officer, Mr. Joo Batista Zolini Carneiro, and (c) for the position of Generation Officer, Mr. Evandro Leite Vasconcelos, all of whom qualified in item 3.5.1. above, whose duties and responsibilities are set forth by the General Meeting. The Board approved the favorable vote to be cast by Light S.A. at the Extraordinary General Meeting of Light Energia S.A., yet to be called, with regards to maintaining in the positions of HR Officer, Ms. Ana Silvia Corso Matte and of New Businesses and Institutional Officer, Mr. Paulo Roberto Ribeiro Pinto, qualified above, whose duties and responsibilities are set forth by the General Meeting.

Extract of the Minutes of the Board of Directors Meeting of Light S.A., held on March 2, 2010, at 10:30 AM (continued)

3.5.4. Executive Board of Instituto Light. In view of the removal from office of the Chief Executive Officer, Mr. Jos Luiz Alqures and of the Executive Officer, Mr. Ronnie Vaz Moreira from the positions of Executive Officers of Instituto Light, the Board approved, by unanimous vote, the favorable vote of Light S.A., and recommended the Board Members of Light S.A. in the Board of Directors of Light S.E.S.A. to approve the vote of Light S.E.S.A. and recommended the Executive Board of Light Energia S.A. to cast a favorable vote at the Extraordinary General Meeting of Instituto Light, yet to be called, with regards to the election of the following members to replace the Officers removed from office, for the remaining term-of-office (a) for the position of Chief Executive Officer, Mr. Jerson Kelman, and (b) on an interim basis, for the position of Executive Officer, Mr. Joo Batista Zolini Carneiro, both qualified in item 3.5.1. above, whose duties and responsibilities are set forth in the Bylaws of Instituto Light. The board approved the favorable vote by Light S.A. at the Extraordinary General Meeting of Instituto Light, yet to be called, to maintain in the position of Executive Officer, Mr. Paulo Roberto Ribeiro Pinto, qualified above, whose duties and responsibilities are set forth in the Bylaws. 3.5.5. Executive Board of LIGHT ESCO Prestao de Servios S.A. In view of the removal from office of the Chief Executive Officer, Mr. Jos Luiz Alqures and of the Vice Chief Executive and Investor Relations Officer, Mr. Ronnie Vaz Moreira, and of the Executive Officer Roberto Manoel Guedes Alcoforado from the positions of Executive Officers of LIGHT ESCO Prestao de Servios S.A., the Board approved, by unanimous vote, the favorable vote to be cast by Light S.A., at the Extraordinary General Meeting of LIGHT ESCO Prestao de Servios S.A. yet to be called, with regards to the election of the following members to replace the Officers removed from office, for the remaining term-ofoffice: (a) for the position of Chief Executive Officer, Mr. Jerson Kelman, (b) on an interim basis, for the position of Executive Officer, Mr. Joo Batista Zolini Carneiro, and (c) for the position of Executive Officer Mr. Evandro Leite Vasconcelos, qualified in item 3.5.1. above, whose duties and responsibilities are set forth in the Bylaws of LIGHT ESCO Prestao de Servios S.A. 3.5.6. Executive Board of LIGHTCOM Comercializadora de Energia S.A. In view of the removal from office of the Chief Executive Officer, Mr. Jos Luiz Alqures and of the Executive Officers Mr. Ronnie Vaz Moreira and Mr. Roberto Manoel Guedes Alcoforado from the positions of Executive Officers of LIGHTCOM Comercializadora de Energia S.A., the Board approved, by unanimous vote, the favorable vote to be cast by Light S.A., at the Extraordinary General Meeting of LIGHTCOM Comercializadora de Energia S.A. yet to be called, with regards to the election of the following members to replace the Officers removed from office, for the remaining term-of-office: (a) for the position of Chief Executive Officer, Mr. Jerson Kelman, (b) on an interim basis, for the position of Executive Officer, Mr. Joo Batista Zolini Carneiro, and (c) for the position of Executive Officer Mr. Evandro Leite Vasconcelos, all qualified in item 3.5.1. above, whose duties and responsibilities are set forth in the Bylaws of LIGHTCOM Comercializadora de Energia S.A. 3.5.7. Executive Board of LIGHTGER S.A. In view of the removal from office of the Chief Executive Officer, Mr. Jos Luiz Alqures and of the Executive Officers Mr. Ronnie Vaz Moreira and Mr. Luis Fernando de Almeida Guimares from the positions of Executive Officers of LIGHTGER S.A., the Board approved, by unanimous vote, the favorable vote to be cast by Light S.A., at the Extraordinary General Meeting of LIGHTGER S.A. yet to be called, with regards to the election of the following members to replace the Officers removed from office, for the remaining term-of-office: (a) for the position of Chief Executive Officer, Mr. Jerson Kelman, (b) on an interim basis, for the position of Executive Officer, Mr. Joo Batista Zolini Carneiro, and (c) for the position

Extract of the Minutes of the Board of Directors Meeting of Light S.A., held on March 2, 2010, at 10:30 AM (continued)

of Executive Officer Mr. Evandro Leite Vasconcelos, all qualified in item 3.5.1. above, whose duties and responsibilities are set forth in the Bylaws of LIGHTGER S.A. 3.5.8. Executive Board of Itaocara Energia Ltda. In view of the removal from office of the Chief Executive Officer, Mr. Jos Luiz Alqures and of the Executive Officers Mr. Ronnie Vaz Moreira, Mr. Luis Fernando de Almeida Guimares and Mr. Paulo Henrique Siqueira Born from the positions of Executive Officers of Itaocara Energia Ltda, the Board approved, by unanimous vote, the favorable vote to be cast by Light S.A., at the meeting of the partners of Itaocara Energia Ltda. yet to be called, with regards to the election of the following members to replace the Officers removed from office, for the remaining term-of-office: (a) for the position of Chief Executive Officer, Mr. Jerson Kelman, (b) on an interim basis, for the position of Executive Officer, Mr. Joo Batista Zolini Carneiro, (c) for the position of Executive Officer Mr. Evandro Leite Vasconcelos, and (d) for the position of Executive Officer Mr. Paulo Carvalho Filho, all qualified in item 3.5.1. above, whose duties and responsibilities are set forth in the Articles of Incorporation of Itaocara Energia Ltda. 3.5.9. Executive Board of LIGHTHIDRO LTDA. In view of the removal from office of the Chief Executive Officer, Mr. Jos Luiz Alqures, and of the Executive Officers, Mr. Ronnie Vaz Moreira and Mr. Luis Fernando de Almeida Guimares from the positions of Executive Officers of LIGHTHIDRO Ltda., the Board approved, by unanimous vote, the favorable vote to be cast by Light S.A., at the meeting of the partners of LIGHTHIDRO Ltda., with regards to the election of the following members to replace the Officers removed from office, for the remaining term-of-office: (a) for the position of Chief Executive Officer, Mr. Jerson Kelman, (b) on an interim basis, for the position of Executive Officer, Mr. Joo Batista Zolini Carneiro, and (c) for the position of Executive Officer Mr. Evandro Leite Vasconcelos, all qualified in item 3.5.1. above, whose duties and responsibilities are set forth in the Articles of Incorporation of LIGHTHIDRO Ltda. 4. Closure: There being no further business to discuss, these minutes were drawn up, read, approved and signed by all attending members. Rio de Janeiro, March 2, 2010.

Chairman:

Secretary:

Aldo Floris Board Members:

Patricia Veiga Borges

Almir Jos dos Santos

Ana Marta Horta Veloso

Djalma Bastos de Morais

Eduardo Borges de Andrade

Extract of the Minutes of the Board of Directors Meeting of Light S.A., held on March 2, 2010, at 10:30 AM (continued)

Elvio Lima Gaspar

Firmino Ferreira Sampaio Neto

Joo Batista Zolini Carneiro

Joaquim Dias de Castro

Jos Luiz Silva

Luiz Fernando Rolla

Paulo Reckziegel Guedes

Ricardo Coutinho de Sena

Ricardo Simonsen

Ruy Flaks Schneider

Srgio Alair Barroso