LIGHT S.A. CORPORATE TAXPAYER'S ID (CNPJ/MF): 03.378.521/0001-75 COMPANY REGISTRY (NIRE): 33.3.

0026316-1 PUBLICLY-HELD COMPANY EXTRACT OF THE MINUTES OF THE BOARD OF DIRECTORS MEETING OF LIGHT S.A. HELD ON NOVEMBER 12, 2010, DRAWN UP IN THE SUMMARY FORMAT, AS AUTHORIZED BY PARAGRAPH 1 OF ARTICLE 130 OF LAW 6,404/76.

1. Date, time and venue: November 12, 2010, at 2:30 p.m., at Av. Marechal Floriano, 168, parte, 2 andar, Corredor A, Centro, in the city and state of Rio de Janeiro. 2. Attendance: The following sitting Board members attended the meeting: Srgio Alair Barroso, Chairman of the meeting, Aldo Floris, Ana Marta Horta Veloso, Carlos Roberto Teixeira Junger, Djalma Bastos de Morais, Elvio Lima Gaspar, Firmino Ferreira Sampaio Neto, Joo Mrcio Lignani Siqueira, Maria Silva Bastos Marques and Carlos Alberto da Cruz. The following deputy Board members also attended the meeting but they did not vote: Almir Jos dos Santos, Joo Procpio Campos Loures Vale, Joaquim Dias de Castro, Lauro Alberto De Luca, Luiz Fernando Rolla and Paulo Roberto Reckziegel Guedes, as well as the Chief Executive Officer, Jerson Kelman, and the executive officers, Evandro Leite Vasconcelos, Joo Batista Zolini Carneiro, Jose Humberto de Castro, Paulo Roberto Ribeiro Pinto and the consultant, Paulo Henrique Siqueira Born. The Companys attorney, Mrs. Carla Alexandra da Motta Pirahy was invited to be the secretary of the meeting. 3. Agenda and Resolutions: 3.4. LIGHT ENERGIA S.A. Partnership for the Project Study and Development As advised by the Management Committee, the Board unanimously approved and guided the affirmative vote of the representatives of Light S.A. at LIGHT ENERGIA S.A.s Special Shareholders Meeting to create a partnership between LIGHT ENERGIA S.A. and CEMIG GT, in the form of a consortium, at the ratio of 51% for LIGHT ENERGIA S.A. and 49% for CEMIG GT referring to the hydroelectric power plant project study and development, in observance to the applicable regulatory approvals, in accordance with ACD T-02/2010 of October 29, 2010.

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3.5. Service Company As advised by the Management Committee, the Board unanimously approved the development of non-regulated services to the retail segment and guided the affirmative vote of the representatives of Light S.A. at the Partners Meeting of LIGHTHIDRO Ltda., in order to adjust the name and the purpose of LIGHTHIDRO LTDA., so that to include the rendering of these services to the retail segment, in accordance with ACD T-013 of October 29, 2010. 3.12. LIGHT ESCO - Prestao de Servios S.A. - EBL Companhia de Eficincia Energtica S.A. Appointment of Officer As advised by the Management Committee, the Board unanimously approved and guided the vote of LIGHT ESCO Prestao de Servios S.A. to be cast at the Board of Directors Meeting of EBL Companhia de Eficincia Energtica S.A., so as to appoint/elect Mr. Mrio Cezar Javaroni to act as Officer of said company, in replacement of Mr. lvaro Maselli Jnior, in accordance with ACD E-020/2010 of October 29, 2010. 3.15. LIGHT S.A and LIGHT S.E.S.A. INSS (Brazilian Social Security Institute ) Letter of Guarantee As advised by the Finance Committee, the Board unanimously approved and guided the Board members appointed by Light S.A. at the Board of Directors of Light S.E.S.A. to approve and ratify the decision of Light S.A.s and Light S.E.S.A.s Executive Board regarding the contracting of a Letter of Guarantee, under the following conditions: (i) Type: Letter of Guarantee; (ii) Bank: BIC Banco; (iii) Guaranteed: Light Servios de Eletricidade S.A.; (iv) Beneficiary: Federal Court of the Judicial District of the city and state of Rio de Janeiro; (v) Guarantor: Light S.A.; (vi) Subject-matter: to suspend the enforceability of credit mentioned in the tax-deficiency notice (NFLD) 35.065.293-7 related to the social security contribution; (vii) Issue: prompt; (viii) Commission: Up to 0.90% yearly; (ix) Frequency: yearly, in advance; (x) Amount: twenty-seven million, nine hundred twenty-five thousand, seven hundred ninety-eight reais and ninety-six centavos (R$27,925,798.96), adjusted by the SELIC overnight lending rate; (xi) Guarantee: Light S/A suretyship and promissory note; and (xii) Term: Indefinite, in accordance with ACD F-016/2010 of November 12, 2010. 3.16. LIGHT S.E.S.A. Banco Pine S.A. Renewal of Working Capital Lines As advised by the Finance Committee, the Board unanimously approved and guided the Board members appointed by Light S.A. at the Board of Directors of Light S.E.S.A. to approve the execution of a Credit Facility Agreement, under the following conditions: (i) Instrument: Credit Facility Agreement (Working Capital); (ii) Borrower: Light Servios de Eletricidade S.A.; (iii) Creditor: Banco Pine S/A; (iv) Amount: Up to twenty million reais (R$20,000,000.00) to be withdrawn according to the borrowers need; (v) Maximum term of each operation: up to 90 days; (vi) Term of validity of the credit facility: 90 days (renewable); and (vii) Cost: to be defined upon each withdrawal, considering that there is no additional cost for the Company should the credit facility be not withdrawn, in accordance with ACD F-017/2010 of November 12, 2010.

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3.17. LIGHT S.E.S.A. Performance Bond city of Triagem As advised by the Finance Committee and due to the expropriation in progress of the property located at Rua Brgamo, 320 (city of Triagem) by the local government of Rio de Janeiro and the need of complementing the guarantee of this proceeding, in replacement of said property, which currently is collateralized in a tax foreclosure, the Board unanimously approved and guided the Board members appointed by Light S.A. at the Board of Directors of Light S.E.S.A. to approve the contracting of a performance bond by Light S.E.S.A., under the following conditions: (i) Type: Performance Bond; (ii) Insurance Company: J. Malucelli Seguradora; (iii) Guaranteed: Light Servios de Eletricidade S.A.; (iv) Beneficiary: Municipality of Barra Mansa; (v) Subject-matter: Collection of the inspection fee for the occupation and permanence in public areas, public highways (TFOP) assessed by the Municipality of Barra Mansa related to fiscal years 2002 and 2003; (vi) Issue: prompt; (vii) Commission: 0.80% yearly, charged by the period contracted and paid upon contracting; (viii) Amount: twenty-six million, five hundred thousand reais (R$26,500,000.00) adjusted by the IPCA-e and interest on arrears provided for in the applicable municipal legislation; and (ix) Term: Up to 5 years, subject to renewal, in accordance with ACD F-15/2010 of November 12, 2010. 3.18. LIGHT S.E.S.A. 5th Issue of Debentures New Flow of Amortization As advised by the Finance Committee, the Board unanimously approved and guided the Board members appointed by Light S.A. at the Board of Directors of Light S.E.S.A. to submit to the Debenture Holders General Meeting of the 5th Issue of Debentures of Light Servios de Eletricidade S.A. (5th Issue), to amend the flow of amortization provided for in the Fourth Clause Characteristics of the Debentures - item 4.8 Scheduled Amortization, as proposed below and in accordance with ACD F-018/2010 of November 12, 2010: Date January 22, 2011 April 22, 2011 July 22, 2011 October 22, 2011 January 22, 2012 April 22, 2012 July 22, 2012 October 22, 2012 January 22, 2013 April 22, 2013 July 22, 2013 October 22, 2013 January 22, 2014 New Flow 1.59% 1.59% 1.59% 1.59% 4.54% 4.54% 4.54% 4.54% 6.13% 6.13% 6.13% 6.13% 30.46%

3.19. Investment in Itaocara Energia Ltda. As advised by the Finance Committee, the Board unanimously approved and guided the affirmative vote of the representatives of Light S.A. at the Partners Meeting of Itaocara Energia Ltda. concerning the investment of one million and five hundred
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thousand reais (R$1,500,000.00), in accordance with ACD F-013/2010 of November 12, 2010 and subject to the approval by the Board of Directors of CEMIG. This is a free English translation of the extract of the minutes of the Companys Board of Directors meeting held on this date. Carla Alexandra da Motta Pirahy Secretary of the Meeting

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