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Shareholder Structure

Shareholders Common shares % Common Pref. Class A % Pref. A Pref. Class B % Pref. B Total % Total
VTRM ENERGIA PARTICIPACOES SA 51.045.879 47%                     –                       –   14.464.166 7% 65.510.045 20%
SF NINETY TWO PARTICIPACOES SOCIETARIAS SA 51.045.876 47%                     –                       –   14.464.134 7% 65.510.010 20%
UBS AG LONDON BRANCH                   –                       –                       –   12.580.788 6% 12.580.788 4%
SQUADRA INVESTIMENTOS                   –                       –                       –   20.875.080 10% 20.875.080 6%
TCI FUND                    –                       –                       –   31.599.244 15% 31.599.244 10%
KAPITALO INVESTIMENTOS                   –                       –                       –   11.003.520 5% 11.003.520 3%
CENTRAIS ELÉTRICAS BRASILEIRAS (ELETROBRAS) 37.633 6.664.526 90% 6.702.160 2%
AÇÕES EM TESOURARIA 3 1 2.560 2.564
FREE FLOAT 7.038.410 6% 721.796 10% 105.959.057 50% 113.719.263 35%
Total 109.167.801 100% 7.386.323 100% 210.948.549 100% 327.502.675 100%