Investor Presentaiton

Consolidated EBTIDA Eletrobras R$ million EBITDA 1H15 1H14 (%) 2Q15 1Q15 (%) Results of the period -290 937 -131% -1,404 1,114 -226% (+) Provision Income Tax and Social Contribution 611 477 28% 213 398 -46% (+) Financial Result -330 -47 -595% 264 -593 144% (+) Depreciation and Amortization 926 781 19% 463 463 0% (=) EBITDA 917 2,147 -57% -465 1,381 -134% EBITDAS of Subsidiaries Companies 1,729 3,017 -43% -77 1,806 -104% 29

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