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LIGHT S.A.

RELATED-PARTY TRANSACTIONS

The Companys main shareholders are: Controlling Group - Rio Minas Energia Participaes S.A RME, jointly-owned subsidiary of Companhia Energtica de Minas Gerais CEMIG, Andrade Gutierrez Concesses, Luce do Brasil Fundo de Investimento em Participaes and Equatorial Energia. BNDESPAR

A summary of related-party transactions occurred in the first periods of 2009 and 2008 is presented below:

Item

Contracts with the same group (Agreement objectives and characteristics) Strategic agreement Purchase agreement of electricity between Light SESA and CEMIG Strategic agreement Sale agreement of electricity between Light Energia and CEMIG Strategic agreement Collection of distribution system usage charges between Light SESA and CEMIG Strategic agreement Commitment to the basic electric network usage charges between Light SESA and CEMIG Strategic agreement Commitment to the basic electric network usage charges between Light Energia and CEMIG Strategic agreement Electricity sale commitment between Light Energia and CEMAR* Loans FINEM Loans Line of credit

Relationship with Light SA.

Original Amount

Maturity date or term

Conditions for termination or end

Remaining balance 9/30/2009 R$ thousnd

Agreement Conditions

R$ thousnd CEMIG (party of the controlling group) CEMIG (party of the controlling group) CEMIG (party of the controlling group) CEMIG (party of the controlling group) CEMIG (party of the controlling group)

Date 01/01/2006 12/31/2038 30% of remaining balance N/A

614,049 Jan/2005 156,239 Nov/2003 Dec/2002 Dec/2002 Undetermined Undetermined Undetermined Dec/2013

545,175

Price established in the regulated market Price established in the regulated market Price established in the regulated market Price established in the regulated market Price established in the regulated market

83,012 N/A 170 N/A 1,712 N/A 10

Equatorial (party of the controlling group) 61,214

Jan/2005

Dec/2013

N/A 33,354

Price established in the regulated market

BNDES 549,331

Nov/2007

Sept2014

N/A 414,768

TJLP + 4.3%

BNDES 14,147

Mar/1999

Apr/2010

N/A 803

BNDES Basket + 4%

8 Loans Debentures 1st issue - non-convertible 9 Loans Pr Esco and Energy Efficiency Project of Condomnio Edifcio Santos Dumont Loans 11 Debentures 4th issue - convertible Pension Plan Fundao de Seguridade Social (Social Security Foundation) - BRASLIGHT BRASLIGHT (party of the controlling group) BNDES BNDES BNDES

Jan/1998 105,000

Jan/2010

N/A 7,839

TJLP + 4% p.a.

Dec/2008 596 Jun/2005 767,252

Oct/2014

N/A 1,895

TJLP + 2.5%

10

Jun/2015

N/A 115

TJLP + 4% p.a.

Jun/2001 535,052

Jun/2026

N/A 1,005,025

IPCA+ 6% p.a

12

* Equatorial Energia S.A.s subsidiary.

A summary of agreements executed with related parties is presented below:


Item Contracts with the same group Consolidated Relationship with Light SA. Assets (Agreement objectives and characteristics) Strategic agreement Purchase agreement of electricity between Light SESA and CEMIG Strategic agreement Sale agreement of electricity between Light Energia and CEMIG Strategic agreement Collection of distribution system usage charges between Light SESA and CEMIG Strategic agreement Commitment to the basic electric network usage charges between Light SESA and CEMIG Strategic agreement Commitment to the basic electric network usage charges between Light Energia and CEMIG Strategic agreement Electricity sale commitment between Light Energia and CEMAR* Loans FINEM 7 Loans Line of credit 8 Loans Debentures 1st issue - non-convertible 9 Loans Pr Esco and Energy Efficiency Project of Condomnio Edifcio Santos Dumont Loans 11 Debentures 4th issue - convertible Pension Plan Fundao de Seguridade Social (Social Security Foundation) - BRASLIGHT BRASLIGHT (party of the controlling group) 1,005,025 1,006,118 42,765 124,995 BNDES 115 117 59 461 BNDES 1,895 1,878 72 32 BNDES 7,839 16,059 997 2,159 BNDES 803 1,243 (293) 375 BNDES 414,768 435,504 Equatorial (party of the controlling group) 1,086 982 6,709 6,246 CEMIG (party of the controlling group) CEMIG (party of the controlling group) CEMIG (party of the controlling group) CEMIG (party of the controlling group) CEMIG (party of the controlling group) 09/30/2009 06/30/2009 Liabilities 09/30/2009 06/30/2009 Revenue 09/30/2009 09/30/2008 Expenses 09/30/2009 09/30/2008

9,248

12,147

75,457

65,065

2,628

2,446

16,673

15,826

170

169

1,531

1,505

1,712

1,479

11,315

9,607

10

10

86

82

10

12

* Equatorial Energia S.A.s subsidiary.

Related-party transactions have been executed under usual market conditions.

Additional information agreements in progress Light, in order to potentialize its capacity of developing and implementing new generation projects and taking into account the recognized capacity in this area of its shareholder Companhia Energtica de Minas Gerais CEMIG (Cemig), Light entered into Heads of Agreement (Agreement) which, among other provisions, establishes that the parties will jointly prepare business plans for the development and implementation of energy generation projects (Generation Projects). The Agreement also determines that the parties will execute specific instruments for each of the Generation Projects to be implemented and the Companys interest directly or by means of its subsidiaries in each one of these consortia will be fifty-one percent (51%) and CEMIGs interest, directly or by means of its subsidiaries will be forty-nine percent (49%). Light, which already has in its portfolio projects under development, formalized by means of its subsidiaries, Lightger Ltda., Itaocara Energia Ltda. and Light Energia S.A., three consortium agreements with Cemig Gerao e Transmisso S.A. (Cemig GT), wholly-owned subsidiary of Cemig, aiming the exploration of hydroelectric projects in the regions of Paracambi, Itaocara and Lajes, respectively.

All private instruments mentioned above were executed by the parties under suspensive conditions, therefore, their effectiveness relies on obtaining authorizations or endorsements required by regulatory authorities, including but not limited to ANEEL.

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