#1Eletrobras Presentation to Investors September 2011#2Eletrobras Disclaimer This presentation may contain forward-looking statements, Such statements are not statements of historical facts but reflect the beliefs and expectations of our management and may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the U,S, Securities and Exchange Act of 1934, as amended, The words "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect" and similar words are intended to identify these statements, which necessarily involve known and unknown risks and uncertainties, Known risks and uncertainties include but are not limited to general economic, regulatory, political and business conditions in Brazil and abroad, interest rate fluctuations, inflation and the value of the real, changes in volumes and patterns of customer electricity usage, competitive conditions, our level of debt, the likelihood that we will receive payment in connection with accounts receivable, changes in rainfall and the water levels in the reservoirs used to run our hydroelectric facilities, our financing and capital expenditure plans, existing and future governmental regulation and other risks described in our registration statement and other filings with the United States Securities and Exchange Commission, Forward-looking statements speak only as of the date they are made and we do not undertake any obligation to update them in light of new information or future developments.#3✓General Information ✓Construction and Investment Plan ✓ Improvement actions#4Eletrobras General Information#5Eletrobras Eletrobras Largest electric power company in Latin America • Generation • Transmission • Distribution • Commercialization Implementing and Managing Social Programs and Sectorial • Light for All - Luz para Todos • Energy Conservation - Procel • Alternative Sources- Proinfa Fund Management • Fuel Consumption Account - CCC ⚫ Global Reversion Reserve - RGR • Energy Development Account- CDE 01#6The Eletrobras Eletrobras Publicly traded Holding • Focus on results • Shareholders Remuneration; • Transparency and governance Our vision • To be the largest global corporate system of clean energy, with a return comparable to the best companies in the electricity sector, by 2020 Our Values Focus on results • Entrepreneurship and innovation Commitment to people • Ethics and Transparency 02#7Eletrobras Construction and Investment Plan#8Eletrobras Eletrobras Installed Capacity 42.1 GW in operation - 36.8% of the Brazil's installed capacity Furnas Chesf Eletronorte Itaipu Eletronuclear CGTEE Amazonas Total MW Own investments (MW) SPES (MW) 9,624 689 10,615 9,173 12 7,000 1,990 490 2,148 41,040 701 Physical Aggregation 350 350 1st Half 2011 Total 10,313 10,615 9,185 7,000 1,990 840 2,148 42,091 Physical Aggregation in 2011 Candiota III Total Installed Capacity (MW) 350 Hydroeletric 84.6% Oil and Gas= 8.7% Coal 2.0% = Nuclear = 4.7% 03#9Eletrobras Belo Monte 11,233 MW Fev-15 Generation - Under Construction Pedra Branca, São Pedro do Lago e Sete Gameleiras 90.0 MW Santo Antonio 3,150 MW Dez-11 Jirau 3,750 MW Mar-12 Dardanelos 261 MW 2011 R$ Billion São Domingos HEU 20,157 MW - 62.00 48 MW Fev-12 1,405 MW - 9.95 530 MW - 2.46 João Borges 19.5 MW Mar-12 Passo São João 1 MW - 0.01 77 MW Jan-12 Total 22,092 MW - 74.41 Eletrobras 10,860 MW Concession 12,706 MW * Cerro Chato I, II e III 90 MW * Due by 2015 Source: Eletrobras - RIG - April/2011 D Casa Nova 180 MW Miassaba 3 50.4 MW Mangue Seco II 26 MW Rei dos Ventos 1 e 3 97.2 MW Batalha 52.5 MW Mai-13 Simplício 333.7 MW Out-11 Barra do Rio Chapéu 15.15 MW Mar-12 Angra 3 1,405 MW Dez-15 Mauá 361 MW Mar-12 Megawatt Solar 1 MW Dez 11 Holding Furnas Eletronorte Eletrosul CHESF Eletronuclear 04#10Eletrobras Generation - Basic Studies and Projects 1 Project 134 MW 2 Projects 151 MW 1Project 350 MW AC 4 Projects 566 MW RR AP 9Projects 14,042 MW 1 Project 1,328 MW AM PA MA CE RN PB PI 2 Projects PE 596 MW RO ΤΟ AL SE MT BA Solar Thermal 1 MW Dez/2013 - DF GO 3 Pojects 311 MW MS 6 Projects 889 MW SP MG ES RJ PR R$ Bi Main Projects SC Basic Project - 4- 1,294 MW 3.09 S. Luiz do Tapajós PA 6,133 MW 20.09 Bi Jatobá PA 2,338 MW 8.70 Bi Feasibility Study - 24- 17,073 MW 57.92 RS Marabá PA 2,160 MW 4.75 Bi Inventory Study Total - 1- Serra Quebrada MA/TO 1,328 MW 3.98 Bi Jamanxim PA 881 MW 2.17 Bi -29- 18,367 MW 61.01 Cachoeira do Caí PA 802 MW 2,24 Bi TOTAL 13,642 MW 41.93 Bi Source: Eletrobras - RIG - April/2011 05#11Eletrobras Eletrobras Transmission Lines 750Kv; 53,812Km approximately 230 Kv; 48% 5% 55.0% of Brazil's transmission lines with voltage 230KV 345 Kv; 12% 525/500 Kv; 32% 600Kv; 3% Furnas Chesf Eletronorte Eletrosul Amazonas Total Km Own Investments (Km) SPES (Km) 17,050 17,914 8,726 8,096 365 124 351 552 634 52,306 1,661 Physical Aggregation 1st Half 2011 (Km) Physical Aggregation 1st Half 2011 - SPES (Km) Total 17,174 18,265 9,278 8,730 365 53,812 06#12Eletrobras LT 2:20 HY Mau-Lediga CD ST 230 V Pho-Abuna Cz LT 230V Abond-tanco C CRUZEIRO DO SUL ROBRANCO EITACIOLANDIA Eletrobras Transmission Lines ET 500 XV C LT 500 EV Saves CO Lega CD STA ELENA BOA VISTA JORGE HE SAMUEL ANQUELES DARDANELOS PARARA DURARA CPV 100/230V LTColetor Veho Velho Ctec LT ZAY Jy- Vitra C LT 230 AV Vina - Pena CS LT 230V Angienes C LT 230 V Arquemes Samuel CS LT 210 Val P. Velho C3 230 KV 500 KV 750 KV +600 kV CC + 800 kV CC Em estudo FUTURO LT 600 kV Cus CREEMIA TARTARUGAL COMACY MAGAPA LT 230 KV Oonate C ALFAR GAMETA VCONDE ENCRUZO NOVal CAN AUROPOUR ALTAMI FUCURE TATURA SORMING BRASHORTE JUBA CLEARA Sales Pros ET 230 V Lam - São Lu MANDA - Main projects 11:20 V Picos-Ta T20 WAS T2W Barata Misson TACALNAS CARUME FRANCO CESTREITO INTEGRADORA ESPERANCA NOUARAC SPAL COLINAS MARTINS SOBRADAHO NO VERCE 500 KV e Verde Trindade.CO T20 Y Trindade Kades CD CORUMA CHAPADAO LT 200KV Chapadat CORANDE LOCAT LY IV CC Cora Who Acaraquara C DOURADOS මමමට COMPLEXORICI PARANA (2) COMPLEXO IRIO PARANAPANEMA COMPLEXO RIO GRANDE (4) COMPLEXO RIO PARANAÍBA (5) COMPLEXO PAULO AFONSO n nt de circuitos LONDRINA QURUP BARRIO GOIANI RECE LT 230 V MAC FORTALEZA TALIA الحرة - LAGOANOLA CORANCEC LT 200 WV PA50 LT 230 kV - Logan Men & T500 V Gara Mim-Joks Cimaca LT 230 KV Casa Grande - Campina Grande It ET 230 V C-Mom-Extremo LT 230 W Evi - C LT 200W Pau Fo SE SUN 100 MACHO NCDABA SAFRAQU LT 2:30 AV FUN MADO Coman 500230 Moms do Chap 0 A МАСАТЫН FREITA CTMANA C.FREESTA LF 230 KV BJ De Laga - LLE 230 kW Fun-Hapeb LT 230 V Epi-T.Fretas CC LT 210 W Sera da Noi LT 230 KV Ngenda Ban Al C NOLO HORIZONTE EX CUFORA CAMPOS LT 500 kr Mesquita Viana LT 500 KYC 3-Pha SAO PAULO SPOR FARCIA AQUERA Éstas 1, DOOFH00 KW LT 345 KV T Plays CO HOLDING FURNAS SE 2 23 STO ANGELO MACAMBARA BOR CHOVOS FLORIANOPOLIS SORE ELETRONORTE ELETROSUL URUGUAIANA PORTALEGRE ALEGRETE LIVRAMENTO SCRE CAMAQLA #CHESF 29 MW PMC AMAZONAS ENERGIA BUNTA SE C 230/6S WW SE N Papos 2200 OUTRAS In Partnership 8,470Km 17 enterprises associated TLS + SSS Fully Participating 1,4380Km 15 enterprises Total Investment: R$ 11.19 billion associated TLS + SSS 9,908 km Allowed Annual Return (RAP): 3,780 MVA 2,143 MVA 5,923 MVA R$ 1.08 billion TL = Transmission Line and SS = Substation 07#13Eletrobras Eletrobras System Distribution Companies Description Unit Acre Amazonas Alagoas Piauí Rondônia Roraima Total Realized in2011 Extension of km 16,040 15,180 34,800 54,353 37,000 2,727 160,100 7,604 distribution lines No. of Clients clients 201,771 709,229 877,392 949,436 482,515 82,682 3,303,025 98,995 No. of served cities cities 22 62 102 224 52 1 463 0 No. of substations Substations 12 44 37 70 53 3 219 1 Extension of Distribution Lines 2% 9% 10% 22% No. of Clients 2% 6% 21% Acre Amazonas 27% Alagoas Piauí Rondônia Roraima 8 00#14Eletrobras Energy Sold - 1st Semester 2011 - GWh 45,519 38,928 27,242 27,493 29,308 29,081 24,691 28,162 312 158 2,218 1,982 ITAIPU FURNAS CHESF ELETRONORTE ELETROSUL 2,249 2,337 129,290 125,804 CGTEE TOTAL 6,181 6,304 1,273 1,350 1,060 1,081 1,034 1,110 331 177 234 249 AMAZONAS PIAUÍ ALAGOAS Energia TOTAL ACRE RORAIMA RONDÔNIA ■ 2011 ■ 2010 09#15Eletrobras HEU TUMARÍN 253 MW 4 HEUS 7,700 MW HEU INAMBARI 2,600 MW Projects under Evaluation by Eletrobras PANAMA OFFICE Panamá Nicarágua LIMA OFFICE Source: Eletrobras Peru HEU I Garabi Binational 2,000 MW TL 500 kV 60 Km/BR (390 Km) Uruguai Argentina ACQUISITION OF SHARES MONTEVIDEU OFFICE TL 400/800kV 1,400 km Moçambique Pre-Feasibility Offices abroad Business Plan Feasibility Study Study 10#16Eletrobras Strategy to build asset portfolio in the international markets#17Eletrobras Strategy of asset portfolio in the international markets Prioritization of international operations in the Americas, in the development of renewable sources of energy generation and transmission of electricity Development and implementation of projects, as well as acquisitions which will accelerate entry into targeted markets and/or establish partnerships or strategic positioning in these markets 12#18Eletrobras Improvement actions#19Eletrobras Monitoring Evaluation Planning and Management of the Eletrobras System Adjmts Strategic Plan of the Eletrobras System • Business Plan Management Plan Generation Goals Trading Goals Transmission Goals Adjtms Distribution Goals Management Goal Breakdown of economic and financial guidelines for each company of the Eletrobras System (Investment limits, debt capacity, capital cost) Business Plan for each Company (initial version) Parent Company and its guidelines Development of the Business Plan in each Company Negotiating Process of the Parent Company and its subsidiaries CMDE between parent company and subs Business Plan for each Company (final version) Variable Remuneratrion Mechanisms Operational Action Plans of each company Consolidated Business Plan of the Eletrobras System Business Plan execution 13 Monitoring Evaluation#20Eletrobras Management Model Integration of the Planning and Management Process of the Eletrobras System Readjustment of the organizational structure of the Parent Company; Implementation of the Integrated Management Risk Policy; Improvement of the integration of Information Technology of the Eletrobras System; Improvement of logistic and supply process of the Eletrobras System; Implementation of shared service centers; Communication integration and brand management; Transparency in sectoral fund management and government programs. 14#21Human Resources Eletrobras • • Retirement Program; Performance evaluation; Employee mobility; Management of skills and competence. 15#22Eletrobras - R & D + I Consolidate, enhance and integrate mechanisms for identification, analysis, proposition and implementation of projects in R & D + I. 16#23Eletrobras Operation • Improvement plan, enhancement and adjustment of electrical grid of the Eletrobras system; • Project "Positive Energy" for the distribution companies of the Eletrobras System. 17#24Eletrobras Eletrobras web site http://www.eletrobras.com.br/elb/ri Please, feel free to contact Eletrobras IR for further information. [email protected] Phone # 55 21-25146331 or 21-25146333