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<SEC-DOCUMENT>0001104659-07-075069.txt : 20071016
<SEC-HEADER>0001104659-07-075069.hdr.sgml : 20071016
<ACCEPTANCE-DATETIME>20071016114121
ACCESSION NUMBER:		0001104659-07-075069
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		7
CONFORMED PERIOD OF REPORT:	20071016
FILED AS OF DATE:		20071016
DATE AS OF CHANGE:		20071016

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ENERGY CO OF MINAS GERAIS
		CENTRAL INDEX KEY:			0001157557
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC SERVICES [4911]
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-15224
		FILM NUMBER:		071173489

	BUSINESS ADDRESS:	
		STREET 1:		AVENIDA BARBACENA 1200
		STREET 2:		30190 131 BELO HORIZONTE
		CITY:			MINAS GERAIS BRAZIL
		STATE:			D5
		BUSINESS PHONE:		2128395300

	MAIL ADDRESS:	
		STREET 1:		C/O SIDLEY AUSTIN BROWN & WOOD LLP
		STREET 2:		ONE WORLD TRADE CENTER
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10048-0557
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>a07-26434_16k.htm
<DESCRIPTION>6-K
<TEXT>
<html>

<head>







</head>

<body lang="EN-US">

<div style="font-family:Times New Roman;">
 <div style="border:none;border-top:double windowtext 6.0pt;padding:0pt 0pt 0pt 0pt;"> <p style="border:none;margin:0pt 0pt .0001pt;padding:0pt;"><a name="scotch"></a><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p> </div>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">FORM 6-K</font></b></p>

<p align="center" style="font-size:10.0pt;margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">SECURITIES AND EXCHANGE
COMMISSION</font></b><br>
<b>WASHINGTON, D.C.&#160;
20549</b></p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">REPORT OF FOREIGN PRIVATE ISSUER<br>
PURSUANT TO RULE 13</font></b><b><font size="3" style="font-size:12.0pt;font-weight:bold;">a-16 OR 15d-16 OF<br>
THE SECURITIES EXCHANGE ACT OF 1934</font></b></p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">For the month of October 2007</font></b></p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Commission File Number 1-15224</font></b></p>

<p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">Energy
Company of Minas Gerais</font></b></p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Translation of Registrant&#146;s Name Into English)</font></p>

<p style="color:#000033;margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;font-weight:bold;">Avenida Barbacena, 1200</font></b></p>

<p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">30190-131
Belo Horizonte, Minas Gerais, Brazil</font></b></p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Address of Principal Executive Offices)</font></p>

<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Indicate by check
mark whether the registrant files or will file annual reports under cover of
Form 20-F or Form&nbsp;40-F.</font></p>

<p style="font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Form&nbsp;20-F&nbsp;</font><font face="Wingdings">x</font>&nbsp;Form&nbsp;40-F&nbsp;<font face="Wingdings">o</font></p>

<p style="color:#000033;font-size:10.0pt;margin:0pt 0pt 12.0pt;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):&nbsp;</font><font color="black" face="Wingdings" style="color:windowtext;">o</font></p><p style="color:#000033;font-size:10.0pt;margin:0pt 0pt 12.0pt;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):&nbsp;</font><font color="black" face="Wingdings" style="color:windowtext;">o</font></p>

<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Indicate by check
mark whether by furnishing the information contained in this Form, the
registrant is also thereby furnishing the information to the Commission
pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.</font></p>

<p style="font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Yes </font><font face="Wingdings">o</font>
No <font face="Wingdings">x</font></p>

<p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">If &#147;Yes&#148; is marked,
indicate below the file number assigned to the registrant in connection with
Rule 12g3-2(b):&#160; N/A</font></p>


 <div style="border:none;border-bottom:double windowtext 6.0pt;padding:0pt 0pt 0pt 0pt;"> <p style="border:none;margin:0pt 0pt .0001pt;padding:0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p> </div>
</div><br><hr size="3" width="100%" noshade color="#010101" align="center">

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<div>


<p align="center" style="margin:0in 0in 12.0pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Index</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;font-family:Times New Roman;width:100.0%;">
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in 0in;width:5.46%;">
  <p align="left" style="font-size:8.0pt;font-weight:bold;line-height:8.0pt;margin:0in 0in .0001pt;text-align:left;"><!-- SET mrlNoTableShading -->Item</p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in 0in;width:2.62%;">
  <p style="font-weight:bold;line-height:8.0pt;margin:0in 0in .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="91%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in 0in;width:91.92%;">
  <p style="font-weight:bold;line-height:8.0pt;margin:0in 0in .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">Description of Item</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="border:none;padding:0in .7pt 0in 0in;width:5.46%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0in .7pt 0in 0in;width:2.62%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="91%" valign="top" style="border:none;padding:0in .7pt 0in 0in;width:91.92%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.46%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1.</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0in .7pt 0in 0in;width:2.62%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="91%" valign="top" style="padding:0in .7pt 0in 0in;width:91.92%;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Summary of Minutes of the 403</font><font size="1" style="font-size:6.5pt;position:relative;top:-3.0pt;">rd</font>&nbsp;Meeting of the Board of Directors, February
  8, 2007</p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.46%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0in .7pt 0in 0in;width:2.62%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="91%" valign="top" style="padding:0in .7pt 0in 0in;width:91.92%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.46%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2.</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0in .7pt 0in 0in;width:2.62%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="91%" valign="top" style="padding:0in .7pt 0in 0in;width:91.92%;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Minutes of the 413</font><font size="1" style="font-size:6.5pt;position:relative;top:-3.0pt;">th</font>&nbsp;meeting of the Board of Directors, July 26,
  2007</p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.46%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0in .7pt 0in 0in;width:2.62%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="91%" valign="top" style="padding:0in .7pt 0in 0in;width:91.92%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.46%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0in .7pt 0in 0in;width:2.62%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="91%" valign="top" style="padding:0in .7pt 0in 0in;width:91.92%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Proposal of the Board of Directors to the
  Extraordinary General meeting of Stockholders, July 26, 2007</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.46%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0in .7pt 0in 0in;width:2.62%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="91%" valign="top" style="padding:0in .7pt 0in 0in;width:91.92%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.46%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4.</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0in .7pt 0in 0in;width:2.62%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="91%" valign="top" style="padding:0in .7pt 0in 0in;width:91.92%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Convocation &#150; Extraordinary General Meeting of
  Stockholders, July 26, 2007</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.46%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0in .7pt 0in 0in;width:2.62%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="91%" valign="top" style="padding:0in .7pt 0in 0in;width:91.92%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.46%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5.</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0in .7pt 0in 0in;width:2.62%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="91%" valign="top" style="padding:0in .7pt 0in 0in;width:91.92%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">CEMIG Minutes of Extraordinary General Meeting held
  on August 23, 2007</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.46%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0in .7pt 0in 0in;width:2.62%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="91%" valign="top" style="padding:0in .7pt 0in 0in;width:91.92%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.46%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6.</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0in .7pt 0in 0in;width:2.62%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="91%" valign="top" style="padding:0in .7pt 0in 0in;width:91.92%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">CEMIG Distribui&#231;&#227;o S.A. Extraordinary Meeting of
  Stockholders opened on August 23, 2007 and resumed on September 12, 2007</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.46%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0in .7pt 0in 0in;width:2.62%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="91%" valign="top" style="padding:0in .7pt 0in 0in;width:91.92%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.46%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">7.</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0in .7pt 0in 0in;width:2.62%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="91%" valign="top" style="padding:0in .7pt 0in 0in;width:91.92%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">CEMIG Gere&#231;&#227;o e Transmiss&#227;o S.A. Extraordinary
  Meeting of Stockholders opened on August 23, 2007 and resumed on September 12,
  2007</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.46%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0in .7pt 0in 0in;width:2.62%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="91%" valign="top" style="padding:0in .7pt 0in 0in;width:91.92%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.46%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8.</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0in .7pt 0in 0in;width:2.62%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="91%" valign="top" style="padding:0in .7pt 0in 0in;width:91.92%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Second Convocation &#150; Extraordinary General Meeting
  of Stockholders, July 26, 2007, October 2, 2007</font></p>
  </td>
 </tr>
</table>

<p style="line-height:1.0pt;margin:0in 0in 12.0pt;"><font size="1" face="Times New Roman">&nbsp;</font></p>


 <p style="margin:24.0pt 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="font-weight:bold;margin:0in 0in 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman"><img width="670" height="84" src="g264341bci001.jpg"></font></b></p>

<p style="font-weight:bold;margin:0in 0in 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">COMPANHIA
ENERG&#201;TICA DE MINAS GERAIS &#150; CEMIG</font></b></p>

<p style="font-size:10.0pt;font-style:italic;margin:0in 0in 12.0pt;text-align:center;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Listed company - </font></i><font face="Times New Roman" style="font-style:normal;">CNPJ 17.155.730/0001-64 - NIRE 31300040127</font></p>

<p align="center" style="font-family:Times New Roman;font-size:10.0pt;line-height:200%;margin:0in 0in 12.0pt;text-align:center;text-indent:1.0in;"><b><u><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;line-height:200%;">Summary of minutes of the 403</font></u></b><u>&#170; <b>meeting of the Board of
Directors</b></u></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;font-family:Times New Roman;width:100.0%;">
 <tr style="page-break-inside:avoid;">
  <td width="21%" valign="top" style="padding:0in .7pt 0in 0in;width:21.0%;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;"><!-- SET mrlNoTableShading --><b><u style="font-weight:bold;">Date, time and place:</u></b></p>
  </td>
  <td width="79%" valign="top" style="padding:0in .7pt 0in 0in;width:79.0%;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">February 8th, 2007, at 2 p.m. at the company&#146;s head
  office, Av. Barbacena 1200, 18</font><font size="1" style="font-size:6.5pt;position:relative;top:-3.0pt;">th</font>&nbsp;Floor, Belo Horizonte, Minas Gerais, Brazil.</p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="21%" valign="top" style="padding:0in .7pt 0in 0in;width:21.0%;">
  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="79%" valign="top" style="padding:0in .7pt 0in 0in;width:79.0%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="21%" valign="top" style="padding:0in .7pt 0in 0in;width:21.0%;">
  <p style="margin:0in 0in .0001pt;"><b><u><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Meeting committee:</font></u></b></p>
  </td>
  <td width="79%" valign="top" style="padding:0in .7pt 0in 0in;width:79.0%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Chairman: Wilson N&#233;lio Brumer;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="21%" valign="top" style="padding:0in .7pt 0in 0in;width:21.0%;">
  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="79%" valign="top" style="padding:0in .7pt 0in 0in;width:79.0%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Secretary: Anamaria Pugedo Frade Barros.</font></p>
  </td>
 </tr>
</table>

<p style="line-height:1.0pt;margin:0in 0in 12.0pt;"><font size="1" face="Times New Roman">&nbsp;</font></p>

<p align="left" style="margin:0in 0in 12.0pt;text-align:left;"><b><u><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Summary
of proceedings:</font></u></b></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;font-family:Times New Roman;width:100.0%;">
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.34%;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;"><!-- SET mrlNoTableShading --><b>I-</b></p>
  </td>
  <td width="94%" colspan="3" valign="top" style="padding:0in .7pt 0in 0in;width:94.66%;">
  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Approvals:</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.34%;">
  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="94%" colspan="3" valign="top" style="padding:0in .7pt 0in 0in;width:94.66%;">
  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in 0in;width:4.52%;">
  <p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:8.5pt;">a)</font></p>
  </td>
  <td width="90%" colspan="2" valign="top" style="padding:0in .7pt 0in 0in;width:90.14%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">In compliance with CVM
  (Brazilian Securities Commission) </font>Instruction 371/2002, and in the
  context of the Company&#146;s Long-Term Strategic Plan being maintained unchanged,
  the Board approved the Technical Feasibility Study of Companhia Energ&#233;tica de
  Minas Gerais &#150; Cemig entitled <i>Offsetting of Tax
  Credits</i>, which forms the grounds and basis for the accounting
  posting of the deferred tax credits included in the financial statements for
  the year 2006.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:8.5pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in 0in;width:4.52%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="90%" colspan="2" valign="top" style="padding:0in .7pt 0in 0in;width:90.14%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in 0in;width:4.52%;">
  <p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:8.5pt;">b)</font></p>
  </td>
  <td width="90%" colspan="2" valign="top" style="padding:0in .7pt 0in 0in;width:90.14%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Board approved the minutes of this meeting.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:8.5pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in 0in;width:4.52%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="90%" colspan="2" valign="top" style="padding:0in .7pt 0in 0in;width:90.14%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.34%;">
  <p style="margin:0in 0in .0001pt;"><b><font size="1" face="Times New Roman" style="font-size:8.5pt;font-weight:bold;">II-</font></b></p>
  </td>
  <td width="94%" colspan="3" valign="top" style="padding:0in .7pt 0in 0in;width:94.66%;">
  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">The Board authorized:</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.34%;">
  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="94%" colspan="3" valign="top" style="padding:0in .7pt 0in 0in;width:94.66%;">
  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="94%" colspan="3" valign="top" style="padding:0in .7pt 0in 0in;width:94.66%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Signing of a Working Agreement with the municipality
  of Montes Claros (Minas Gerais), with Cemig D as consenting party, to go
  forward with Action 4 of the Five-Year Environment Plan, which aims to
  regularize the use of electricity, and discipline and discourage use of the
  owned or leased areas below the following aerial distribution and
  transmission lines in Vila Mauric&#233;ia, Montes Claros, Minas Gerais, the
  agreement to be in force for a period of sixty months: Montes Claros 1 &#150;
  Santa Marta (69kV); Montes Claros 1 &#150; Montes Claros (2.138kV)(LT1); and
  Montes Claros 1 &#150; Montes Claros (2.138kV)(LT2). After signing, this Working
  Agreement must be submitted to Aneel for approval.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="94%" colspan="3" valign="top" style="padding:0in .7pt 0in 0in;width:94.66%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.34%;">
  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">III -</font></b></p>
  </td>
  <td width="94%" colspan="3" valign="top" style="padding:0in .7pt 0in 0in;width:94.66%;">
  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">The following spoke on general matters and
  business of interest to the Company:</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.34%;">
  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="94%" colspan="3" valign="top" style="padding:0in .7pt 0in 0in;width:94.66%;">
  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="94%" colspan="3" valign="top" style="padding:0in .7pt 0in 0in;width:94.66%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">the Vice-chairman;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="94%" colspan="3" valign="top" style="padding:0in .7pt 0in 0in;width:94.66%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="18%" colspan="2" valign="top" style="padding:0in .7pt 0in 0in;width:18.3%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Board Members:</font></p>
  </td>
  <td width="76%" valign="top" style="padding:0in .7pt 0in 0in;width:76.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Andr&#233;a Paula Fernandes Pansa, Carlos Augusto Leite
  Brand&#227;o, Evandro Veiga Negr&#227;o de Lima and Jos&#233; Augusto Pimentel Pess&#244;a;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="18%" colspan="2" valign="top" style="padding:0in .7pt 0in 0in;width:18.3%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="76%" valign="top" style="padding:0in .7pt 0in 0in;width:76.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="18%" colspan="2" valign="top" style="padding:0in .7pt 0in 0in;width:18.3%;">
  <p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:8.5pt;">Superintendent:</font></p>
  </td>
  <td width="76%" valign="top" style="padding:0in .7pt 0in 0in;width:76.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Ricardo Luiz Diniz Gomes.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:8.5pt;">&nbsp;</font></p>
  </td>
  <td width="18%" colspan="2" valign="top" style="padding:0in .7pt 0in 0in;width:18.3%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="76%" valign="top" style="padding:0in .7pt 0in 0in;width:76.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.34%;">
  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">IV -</font></b></p>
  </td>
  <td width="94%" colspan="3" valign="top" style="padding:0in .7pt 0in 0in;width:94.66%;">
  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">The following were present:</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.34%;">
  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="18%" colspan="2" valign="top" style="padding:0in .7pt 0in 0in;width:18.3%;">
  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="76%" valign="top" style="padding:0in .7pt 0in 0in;width:76.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="18%" colspan="2" valign="top" style="padding:0in .7pt 0in 0in;width:18.3%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Board Members:</font></p>
  </td>
  <td width="76%" valign="top" style="padding:0in .7pt 0in 0in;width:76.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Wilson N&#233;lio Brumer, Djalma Bastos de Morais, A&#233;cio
  Ferreira da Cunha, Andr&#233;a Paula Fernandes Pansa, Alexandre Heringer Lisboa,
  Carlos Augusto Leite Brand&#227;o, Evandro Veiga Negr&#227;o de Lima, Jos&#233; Augusto
  Pimentel Pess&#244;a, Maria Estela Kubitschek Lopes, Wilton de Medeiros Daher,
  Guilherme Horta Gon&#231;alves J&#250;nior, Lauro S&#233;rgio Vasconcelos David, Marco
  Antonio Rodrigues da Cunha, Fernando Lage de Melo and Luiz Henrique de Castro
  Carvalho;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:8.5pt;">&nbsp;</font></p>
  </td>
  <td width="18%" colspan="2" valign="top" style="padding:0in .7pt 0in 0in;width:18.3%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="76%" valign="top" style="padding:0in .7pt 0in 0in;width:76.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="18%" colspan="2" valign="top" style="padding:0in .7pt 0in 0in;width:18.3%;">
  <p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:8.5pt;">Audit Board:</font></p>
  </td>
  <td width="76%" valign="top" style="padding:0in .7pt 0in 0in;width:76.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Arist&#243;teles Luiz Menezes Vasconcellos Drummond and
  Marcus Eolo de Lamounier Bicalho;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:8.5pt;">&nbsp;</font></p>
  </td>
  <td width="18%" colspan="2" valign="top" style="padding:0in .7pt 0in 0in;width:18.3%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="76%" valign="top" style="padding:0in .7pt 0in 0in;width:76.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="18%" colspan="2" valign="top" style="padding:0in .7pt 0in 0in;width:18.3%;">
  <p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:8.5pt;">Superintendent:</font></p>
  </td>
  <td width="76%" valign="top" style="padding:0in .7pt 0in 0in;width:76.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Ricardo Luiz Diniz Gomes;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:8.5pt;">&nbsp;</font></p>
  </td>
  <td width="18%" colspan="2" valign="top" style="padding:0in .7pt 0in 0in;width:18.3%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="76%" valign="top" style="padding:0in .7pt 0in 0in;width:76.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="18%" colspan="2" valign="top" style="padding:0in .7pt 0in 0in;width:18.3%;">
  <p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:8.5pt;">Secretary:</font></p>
  </td>
  <td width="76%" valign="top" style="padding:0in .7pt 0in 0in;width:76.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Anamaria Pugedo Frade Barros.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0in .7pt 0in 0in;width:5.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:8.5pt;">&nbsp;</font></p>
  </td>
  <td width="18%" colspan="2" valign="top" style="padding:0in .7pt 0in 0in;width:18.3%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="76%" valign="top" style="padding:0in .7pt 0in 0in;width:76.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="100%" colspan="4" valign="top" style="padding:0in .7pt 0in 0in;width:100.0%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Anamaria Pugedo Frade Barros</font></p>
  </td>
 </tr>
 <tr height="0">
  <td width="40" style="border:none;"></td>
  <td width="34" style="border:none;"></td>
  <td width="103" style="border:none;"></td>
  <td width="571" style="border:none;"></td>
 </tr>
</table>

<p align="left" style="margin:0in 0in 12.0pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>


 <p style="margin:24.0pt 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p align="left" style="margin:0in 0in 12.0pt;text-align:left;"><font size="2" face="Times New Roman"><img width="672" height="33" src="g264341bci002.jpg"></font></p>

<p style="font-weight:bold;margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">COMPANHIA ENERG&#201;TICA DE MINAS GERAIS - CEMIG</font></b></p>

<p style="font-size:10.0pt;font-style:italic;margin:0in 0in 12.0pt;text-align:center;"><b><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;font-weight:bold;">Listed company - </font></i></b><b><font face="Times New Roman" style="font-style:normal;font-weight:bold;">CNPJ 17.155.730/0001-64 - NIRE 31300040127</font></b></p>

<p align="center" style="font-family:Times New Roman;font-size:10.0pt;line-height:normal;margin:0in 0in .0001pt;text-align:center;text-indent:0in;"><b><u><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Minutes of the 413</font></u></b><b><u><font size="1" style="font-size:6.5pt;font-weight:bold;position:relative;top:-3.0pt;">th</font>&#160;meeting of the Board of Directors.</u></b></p>

<p align="center" style="line-height:normal;margin:0in 0in .0001pt;text-align:center;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;font-family:Times New Roman;width:100.0%;">
 <tr style="page-break-inside:avoid;">
  <td width="18%" valign="top" style="padding:0in .7pt 0in 0in;width:18.62%;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;"><!-- SET mrlNoTableShading --><b><u style="font-weight:bold;">Date, time and place:</u></b></p>
  </td>
  <td width="2%" valign="top" style="padding:0in .7pt 0in 0in;width:2.38%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="79%" valign="top" style="padding:0in .7pt 0in 0in;width:79.0%;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">July 26, 2007, at 9.30 a.m. at the company&#146;s head
  office, Av. Barbacena 1200, 18</font><font size="1" style="font-size:6.5pt;position:relative;top:-3.0pt;">th</font>&nbsp;Floor, Belo Horizonte, Minas Gerais, Brazil.</p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="18%" valign="top" style="padding:0in .7pt 0in 0in;width:18.62%;">
  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="2%" valign="top" style="padding:0in .7pt 0in 0in;width:2.38%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="79%" valign="top" style="padding:0in .7pt 0in 0in;width:79.0%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="18%" valign="top" style="padding:0in .7pt 0in 0in;width:18.62%;">
  <p style="margin:0in 0in .0001pt;"><b><u><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Meeting committee:</font></u></b></p>
  </td>
  <td width="2%" valign="top" style="padding:0in .7pt 0in 0in;width:2.38%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="79%" valign="top" style="padding:0in .7pt 0in 0in;width:79.0%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Chairman: M&#225;rcio Ara&#250;jo de Lacerda;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="18%" valign="top" style="padding:0in .7pt 0in 0in;width:18.62%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0in .7pt 0in 0in;width:2.38%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="79%" valign="top" style="padding:0in .7pt 0in 0in;width:79.0%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Secretary: Anamaria Pugedo Frade Barros.</font></p>
  </td>
 </tr>
</table>

<p style="line-height:1.0pt;margin:0in 0in 12.0pt;"><font size="1" face="Times New Roman">&nbsp;</font></p>

<p style="margin:0in 0in 12.0pt;"><b><u><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Summary
of proceedings: </font></u></b></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">I</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The Board approved:</b></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 44.6pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a) </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>the revision of the
Annual Budget for 2007;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 44.6pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>the proposal of Board Member Alexandre Heringer
Lisboa, that the members of the Board of Directors should authorize their
Chairman to call the Extraordinary General Meeting to be held on August 23,
2007, at 10 a.m., and in the absence of a quorum to make the second convocation
of stockholders within the legal period, to deal with the changes in the bylaws
referred to in item IV below; and</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 45.0pt;text-indent:-22.5pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>the minutes of this meeting.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt .3in;text-indent:-.3in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">II</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The Board authorized:</b></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 44.6pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>signature of a Personnel Assignment Working
Agreement with the Integrated Development Institute (INDI), for sixty months,
setting the number of employees at thirty-five, and limiting its value to the Annual
Budget Proposal;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 44.6pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>signing of the Fifth Amendment to Contracts
4680003047-500, 4680003025-510 and 4680002698-530, signed with Cemig GT, Cemig
D and the company Ticket Servi&#231;os Ltda., for a further eighteen months, in the
period from August 9, 2007 to February 9, 2009, changing the period of validity
of the contracts from forty two to sixty months and adapting the amount of the
Contract;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 44.6pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>payment in kind to FORLUZ, with Cemig D
as consenting party, by transfer of a real estate property at Av. Barbacena,
1219, Belo Horizonte, Minas Gerais, to amortize part of CEMIG&#146;s debt to that
Entity;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 44.6pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">d) </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>signing of an Amendment to the Private Purchase
and Sale Commitment Contract for real estate property known as &#147;Gleba B&#148; of the
formerly-named Vila dos Operadores, contiguous with the Jaguara hydroelectric
plant reservoir, in Sacramento, Minas Gerais, arising from Competition
MS/AS-MO6013/2006, suspending the periods for payment of the portions becoming
due for a period of twelve months or until there is court judgment subject to
no further appeal in the Action for Compensation for Compulsory Purchase,
whichever shall occur earlier, and in the period of suspension</p>


 <p style="margin:24.0pt 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="margin:0in 0in 12.0pt 44.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">of the payments interests and
monetary adjustment as specified contractually shall apply;</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 44.6pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">e)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>signature of the Third Amendment to the
Association Agreement to be signed with Gasmig, Petrobras and Gaspetro, the
objective of which is substitution of the Lorena-Itajub&#225; gas pipe line by the
Paul&#237;nia-Jacutinga gas pipe line, alteration of the configuration of the &#147;loops&#148;
of the Gasbel pipeline, updating of the configuration of the distribution
network and the updating of the estimates of investments necessary for
execution of the object of this amendment;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 44.6pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">f)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>signing of the Amendment to Cemig Contract
4570008306 (formerly 4570005054) for Provision of Stockholder Services, with
Banco Ita&#250; S.A., changing the period of validity from sixty seven to seventy
months and adjusting the total value of the contract, so as to avoid
interruption in the provision of the service up to the finalization of the
tender proceedings for new contracting of stockholder services;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 44.6pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">g)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>creation of a company to develop solutions for
implementation and management of systems, having as its target public companies
of the energy sector and holders of public services concessions, such a company
to be an affiliate of Cemig, with the following stockholding composition: Cemig
49.00%; Concert Technologies S.A. 12.75%; Nansen S.A. Instrumentos de Precis&#227;o
12.75%; Leme Engenharia Ltda. 12.75%; and FIR Capital Partners Ltda. 12.75%;
and also signing of the Stockholders&#146; Agreement with these partners, and
further approval of the Bylaws of this new company and the paying up of the
injections of capital to be made by Cemig; and,</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 44.6pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">h)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>presentation of a preliminary non-binding
proposal for the acquisition of up to 95.4% of the registered capital of a
company located in Chile, holder of control of five electricity distribution
companies and of an electricity transmission company, and negotiation of
partnerships. The presentation of the partners and the final stockholding
composition will be conditional upon approval by the Board of Directors.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt .3in;text-indent:-.3in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">III</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The </b><b>Board </b><b>canceled</b> Board Decision (CRCA) 043/2007, which deals with a
previous decision by this Board on signing of a
Personnel Assignment Working Agreement
with INDI, on May 31, 2007, which set the number of employees at twenty.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt .3in;text-indent:-.3in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">IV</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The Board submitted the
following changes in the Bylaws</b> to the Extraordinary General Meeting of
Stockholders:</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 22.3pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>- To insert a second sub-paragraph in Clause
One with the following drafting, and consequent renumbering of the sole
sub-paragraph as sub-paragraph 1:</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 84.95pt;text-indent:-62.65pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;</font>Clause 1<font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>...</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 85.7pt;text-indent:-31.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167;1</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The activities specified in this Clause may
be exercised directly by Cemig or through companies constituted by it, or in
which it may at any time have majority or minority stockholding interests, as
intermediaries, upon decision by the Board of Directors, in accordance with
State Laws 828 of December 14, 1951, 8655, of September 18, 1984, and 15290 of
August 4, 2004.&#148;.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 85.7pt;text-indent:-31.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167;2</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The participation of the State of Minas
Gerais in the decisions of the wholly-owned subsidiaries and companies
controlled by the Company must be maintained, so as to preserve its status of
controlling stockholder, in accordance with the Constitution of the State of
Minas Gerais and the current legislation.&#148;</p>


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<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 22.3pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>- For improved drafting and for technical
reasons of law, to change the text of &#167;&#167; 1, 2, 3, 4, and 5 of Clause 11 to the
following:</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 84.95pt;text-indent:-62.65pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Clause
11- </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>...</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 85.7pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167;1</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The structure and composition of the Board of
Directors and the Executive Board of the company shall be identical in the
wholly-owned subsidiaries Cemig Distribui&#231;&#227;o S.A. and Cemig Gera&#231;&#227;o e
Transmiss&#227;o S.A., with the following exceptions: The Chief Energy Distribution
and Sales Officer shall be a member of the Board only of the wholly-owned
subsidiary Cemig Distribui&#231;&#227;o S.A. and the Chief Energy Generation and
Transmission Officer shall be a member solely of the wholly-owned subsidiary
Cemig Gera&#231;&#227;o e Transmiss&#227;o S.A.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 85.7pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167;2 </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Board of Directors and the Executive Board,
in the management of the company, the wholly-owned subsidiaries Cemig
Distribui&#231;&#227;o S.A. and Cemig Gera&#231;&#227;o e Transmiss&#227;o S.A., and the other
wholly-owned subsidiaries, jointly-controlled companies, affiliates, and
consortia in which the Company has direct or indirect holdings, shall obey the
terms of the company&#146;s Strategic Plan, especially the dividend policy therein
contained, as approved by the Board of Directors.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 85.7pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167;3</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Strategic Plan shall contain the long-term
strategic planning, the bases, targets, objectives and results to be pursued
and achieved by the company and its dividend policy, and must obey the
commitments and requirements specified in &#167; 5 below.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 85.7pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167;4</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Strategic Plan shall be revised annually by
the Executive Board and approved by the Board of Directors and shall be
reflected in all the plans, projections, activities, strategies, capital
expenditure and expenses of the company and its wholly-owned subsidiaries,
jointly-controlled subsidiaries, and affiliates, and the consortia in which it
directly or indirectly participates, including the Multi-year Strategic
Implementation Plan of the company and the Annual Budget, which must be
approved by the Board of Directors.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 85.7pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167;5</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>In the administration of the company and the
exercise of the right to vote in wholly-owned subsidiaries, jointly-controlled
subsidiaries, affiliates and consortia, the Board of Directors and the
Executive Board shall faithfully obey and comply with the following targets:</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 107.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to keep the company&#146;s consolidated indebtedness
equal to or less than 2 (two)
times the company&#146;s Ebitda (earnings
before interest, taxes, depreciation and amortization);</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 107.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b) </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to keep the
consolidated ratio Net debt / (Net debt + Stockholders&#146; equity)&#160; 40% (forty per cent);</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 107.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c) </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to limit the
consolidated balance of funds recognized in Current assets, for the purposes of
Clause 30 of these Bylaws or otherwise, to the equivalent of a maximum of 5%
(five per cent) of the company&#146;s Ebitda (Earnings before interest, taxes,
depreciation and amortization);</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 107.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">d) </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to limit the
consolidated amount of funds destined to capital expenditure and the
acquisition of any assets, in each business year, to the equivalent of a
maximum of 40% (forty per cent) of the company&#146;s Ebitda (Earnings before
interest, taxes, depreciation and amortization);</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 107.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">e) </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to invest only in
distribution, generation and transmission projects which offer real minimum
internal rates of return equal to or more than those specified in the company&#146;s
Long-Term Strategic Plan, subject to the legal obligations;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 107.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">f)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to maintain the expenses of the wholly-owned
subsidiary Cemig Distribui&#231;&#227;o S.A. and of any subsidiary which operates in
distribution of electricity at amounts not greater than the amounts recognized
in the tariff adjustments and reviews;</p>


 <p style="margin:24.0pt 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 107.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">g)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to maintain the revenues of the wholly-owned
subsidiary Cemig Distribui&#231;&#227;o S.A. and those of any subsidiary which operates
in distribution at the amounts recognized in the tariff adjustments and
reviews.&nbsp;...&#148;;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 22.3pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>- To improve the drafting of paragraphs 2 and 4
of Clause 12, to the following:</p>

<p style="margin:0in 0in 12.0pt 84.95pt;text-indent:-62.65pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Clause
12</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 85.7pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 2 </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The global or individual amount of the
remuneration of the Board of Directors shall be fixed by the General Meeting of
Stockholders, in accordance with the legislation.</p>

<p style="margin:0in 0in .0001pt 85.7pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">...</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 85.7pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 4 </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Boards of Directors of the subsidiaries
Cemig Distribui&#231;&#227;o S.A. and Cemig Gera&#231;&#227;o e Transmiss&#227;o S.A. shall,
obligatorily, be composed of the members or substitute members elected to the
Board of Directors of the company.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 22.3pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>- To change the drafting of Clause 17 to the
following:</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 84.95pt;text-indent:-62.65pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Clause
17: </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Board of Directors shall have the following
attributions:</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 107.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a) </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to fix the general
orientation of the company&#146;s business;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 107.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to elect or dismiss the Executive Officers of
the company, subject to these bylaws;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 107.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to decide, prior to the company entering into
them, on contracts between the company and any of its stockholders, or
companies which are sole or joint controlling stockholders of any of their
stockholders;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 107.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">d)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to decide, upon proposal by the Executive
Board, on disposal or placement of a charge on any of the company&#146;s property,
plant or equipment, and on the giving by the company of any guarantee to any
third parties of which the individual value is greater than or equal to
R$&nbsp;5,000,000.00 (five million Reais);</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 107.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">e)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to decide, upon proposal put forward by the
Executive Board, on the company&#146;s capital investment projects, signing of
contracts and legal transactions in general, contracting of loans, financings,
or the constitution of any obligations in the name of the company, which&#160; individually or jointly have value of
R$&nbsp;5,000,000.00 (five million Reais) or
more, including injections of capital into wholly-owned subsidiaries,
controlled companies, affiliates and in the consortia in which it participates;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 107.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">f)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to call the General Meeting of Stockholders;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 107.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">g) </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to monitor and
inspect the management by the Executive Board: the Board of Directors may, at
any time, examine the books and papers of the company, and request information
on contracts agreed or in the process of being agreed, and on any other
administrative facts or actions which it deems to be of interest;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 107.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">h) </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to give a prior
opinion on the report of management and the accounts of the Executive Board of
the company;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 107.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">i) </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to choose and to
dismiss the company&#146;s auditors, from among companies with international
reputation authorized by the Securities Commission (CVM) to audit listed
companies;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 107.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">j) </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to authorize, upon a
proposal by the Executive Board, the start of administrative proceedings for
competitive bids, and proceedings for dispensation from and non-requirement of
bids, and the corresponding contracts, in amounts greater than or equal to
R$&nbsp;5,000,000.00 (five million Reais);</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 107.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">l) </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to authorize, upon
proposal by the Executive Board, the filing of legal actions, administrative proceedings
and the signing of legal and out-of-court agreements in amounts of
R$&nbsp;5,000,000.00 (five million Reais) or more;</p>


 <p style="margin:24.0pt 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 107.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">m) </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to authorize the
issue of securities, in the domestic or external markets, for the raising of
funds, in the form of debentures, promissory notes,&#160; and other instruments;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 107.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">n) </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to approve the
company&#146;s Long-Term Strategic Plan, the Multi-year Strategic Implementation
Plan and the Annual Budget;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 107.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">o)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to set the guidelines and establish the limits,
including financial limits, for spending on personnel, including concession of
benefits and collective work agreements, subject to the competency of the
General Meeting of Stockholders and in obedience to the Annual Budget approved;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 107.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">p)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to authorize the exercise of the right of
preference and the stockholders&#146; agreements or to vote in wholly-owned
subsidiaries, jointly-controlled companies, affiliates and in the consortia in
which the Company participates, except in the case of the wholly-owned
subsidiaries Cemig Distribui&#231;&#227;o S.A. and Cemig Gera&#231;&#227;o e Transmiss&#227;o S.A., for
which the competency to decide on these matters shall be that of the General
Meeting of Stockholders.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 85.7pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 1 </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Board of
Directors, by specific resolutions, may delegate the power to authorize
agreement of contracts for sales of electricity or for provision of
distribution or transmission services to the Executive Board, in accordance
with the legislation.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 22.3pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>- To change the name of the Section II of
Chapter IV to &#147;The Executive Board&#148;, to bring it into harmony with the bylaws,
which always refer to that body by this name;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 22.3pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>- To change the name of the Chief Finance,
Holdings and Investor Relations Officer&#146;s Department to the Department of
Finance, Investor Relations and Control of Holdings, consequently changing the
drafting of the head paragraph of Clause 18, to following:</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 84.95pt;text-indent:-62.65pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Clause
18: </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Executive Board shall be made up of 8
(eight) Executive Officers, who may be stockholders, elected by the Board of
Directors, namely: the Chief Executive Officer; an Executive Vice-Chairman; a
Chief Officer for Finance, Investor Relations and Control of Holdings; a
Corporate Management Officer; a Chief Distribution and Sales Officer; a Chief
Generation and Transmission Officer; a Chief Trading Officer; and a Chief New
Business Development Officer.&#148;;</p>

<p style="margin:0in 0in 12.0pt 2.05in;text-indent:-62.65pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#133;&#148;</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 22.3pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">7
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>- To change Paragraphs 3 and 4 of Clause 18 to
improve the drafting and to re-establish that the annual paid leave of the
Chief Officers shall be given by the Chief Executive Officer, whose own annual
paid leave shall be given by the Board of Directors, and to revoke the
restriction on payment for leave not taken, to the following drafting:</p>

<p style="margin:0in 0in 12.0pt 22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Clause 18&#133;</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 85.7pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 3 </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Executive Officers shall exercise their
positions as full-time occupations in the regime of exclusive dedication to the
service of the company. They may at the same time hold and exercise
non-remunerated positions in the management of the company&#146;s wholly-owned
subsidiaries, other subsidiaries or affiliated companies, at the option of the
Board of Directors. They shall, however, obligatorily exercise the
corresponding positions in the wholly-owned subsidiaries Cemig Distribui&#231;&#227;o
S.A. and Cemig Gera&#231;&#227;o e Transmiss&#227;o S.A.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 85.7pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 4 </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Executive Officers who are not employees shall
have the right to an annual period of not more than 30 (thirty) days&#146; remunerated
leave. This leave may not be accumulated into the subsequent year, and its
remuneration shall be augmented by one-third of the monthly remuneration
currently in effect which shall be granted to</p>


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<p style="margin:0in 0in 12.0pt 85.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">them by the Chief Executive
officer, whose own leave shall be given by the Board of Directors.&#148;;</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 22.3pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>- To change the drafting of the head paragraph
and the first sub-paragraph of Clause 19, to improve its drafting, as follows:</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 84.95pt;text-indent:-62.65pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Clause
19: </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>In the event of absence, leave, resignation or
vacancy of the post of the Chief Executive Officer, this post shall be
exercised by the Executive Vice-Chairman, for whatever period the absence or
leave may last, and, in the event of vacancy or prevention, until the post is
filled by the Board of Directors.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 85.7pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 1 </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>If there is absence, leave, resignation or
vacancy of any of the other members of the Executive Board, a meeting of the
Executive Board may by a majority vote attribute the exercise of the respective
functions to another Executive Officer, until the post is filled by the Board
of Directors. ...&#148;;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 22.3pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">9</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>- To change the contents of Clause 21, to
improve its drafting and to define the competencies of the Executive Board, to
the following drafting:</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 84.95pt;text-indent:-62.65pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Clause
21: </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Executive Board is responsible for the
current management of the company&#146;s business, subject to the Long-Term
Strategic Plan, the Multi-year Strategic Implementation Plan and the Annual
Budget, prepared and approved in accordance with these Bylaws.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 85.7pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 1 </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The company&#146;s Multi-year Strategic
Implementation Plan shall reflect the company&#146;s Long-Term Strategic Plan and
contain the plans and projections for a period of 5 (five) financial years, and
must be updated at least once a year, and shall deal in detail with the
following subjects, among others:</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>the Company&#146;s strategies and actions, including
any project related to its objects;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>new investments and business opportunities,
including those of the company&#146;s wholly-owned subsidiaries, jointly-controlled
subsidiaries and affiliates and the consortia in which it participates;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>amounts to be invested or in any other way
contributed from the company&#146;s own funds or funds of third parties;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">d)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>the rates of return and profits to be obtained
or generated by the company.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 85.7pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 2 </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The company&#146;s Annual
Budget shall reflect the company&#146;s Multi-year Strategic Implementation Plan
and, consequently, the Long-Term Strategic Plan and must give details of
operational revenue and expenses, costs and capital expenditure, cash flow, the
amount to be allocated to the payment of dividends, investments of cash from
the company&#146;s own funds or funds of third parties, and any other data that the
Executive Board considers to be necessary.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 85.7pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 3 </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The company&#146;s
Multi-year Strategic Implementation Plan and the Annual Budget shall be
prepared and updated annually, by the end of each business year, to be in
effect in the following business year. Both shall be prepared in coordination
with the Chief Officer for Finance, Investor Relations and Control of Holdings
and submitted to examination by the Executive Board, and, subsequently, for
approval by the Board of Directors.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 85.7pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167;4 </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The following
decisions shall require a vote by the Executive Board:</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a) </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>approval of the plan
of organization of the company and issuance of the corresponding rules and any
changes to them;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b) </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>examination, and
submission to the Board of Directors, for approval, of the company&#146;s Multi-year
Strategic Implementation Plan, and revisions of it, including timetables,
amount and allocation of the capital expenditure specified in it.</p>


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<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c) </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>examination and
submission to the Board of Directors, for approval, of the Annual Budget, which
shall reflect the Multi-year Strategic Implementation Plan in force at that
time, and also any revisions thereof;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">d)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>decision on remanaging of any investments or
expenses specified in the Annual Budget which, individually or jointly, in a
single financial year, have amounts less than R$&nbsp;5,000,000.00 (five million Reais), with the consequent adaptation of the targets
approved, subject to obedience to the Multi-year Strategic Implementation Plan
and the Annual Budget;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">e) </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>approval of disposal
of or placement of a charge upon any of the company&#146;s property, plant or
equipment, and the giving of guarantees to third parties, in amounts less than
R$&nbsp;5,000,000.00 (five million Reais);</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">f) </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>authorization of the
Company&#146;s capital expenditure projects, the signing of agreements and legal
transactions in general, the contracting of loans, financing and the
constitution of an obligation in the name of the Company, based on the annual
budget approved, which individually or in aggregate have values less than
R$&nbsp;5,000,000.00 (five million Reais),
including the injection of capital into wholly-owned or jointly-controlled
subsidiaries, affiliates, and the consortia in which the Company participates,
subject to the provisions of sub-clause &#145;p&#146; of sub-item IV of Clause 22;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">g)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>approval, upon proposal by the Chief Executive
Officer, jointly with the Chief Officer for Finance, Investor Relations and
Control of Holdings, the statements of vote in General Meetings of Stockholders
and in the meetings of the Boards of Directors of wholly-owned and
jointly-controlled subsidiaries, affiliates and in the consortia in which the
company participates, except in the case of the wholly-owned subsidiaries Cemig
Distribui&#231;&#227;o S.A. and Cemig Gera&#231;&#227;o e Transmiss&#227;o S.A., for which the
competency to decide on these matters shall be that of the General Meeting of
Stockholders, and the decisions must obey the provisions of these bylaws, the
decisions of the Board of Directors, the Strategic Plan, and the Multi-year
Strategic Implementation Plan;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">h)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>authorization to initiate administrative tender
proceedings and proceedings for exemption from and non-requirement for tenders,
and the corresponding contracts, in amounts greater than or equal to
R$&nbsp;1,000,000.00 (one million Reais) and
less than R$&nbsp;5,000,000.00 (five
million Reais);</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">i) </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>authorization to file
legal actions and administrative proceedings, and to enter into Court and
extra-judicial settlements, for amounts less than R$&nbsp;5,000,000.00 (five
million Reais);</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">j) </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>authorization of
provisions in the company&#146;s accounts, of any value, on proposal from the Chief
Officer for Finance, Investor Relations and Control of Holdings;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">l)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>approval of the nominations of employees to hold
management posts in the Company, upon proposal by the Chief Officer concerned,
subject to the provisions of sub-clause &#147;h&#148; of sub-item I of Clause 22;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">l)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>authorization of expenditure on personnel
expenses and collective work agreements, subject to&#160; the competency of the General Meeting of
Stockholders, the guidelines and limits approved by the Board of Directors and
the Annual Budget approved.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 85.7pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 5 </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Actions necessary for the regular functioning
of the company, agreement of contracts and other legal transactions shall be
taken by the Chief Executive Officer,</p>


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<p style="margin:0in 0in 12.0pt 85.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">jointly with one Executive
Officer, or with a person holding a valid power of attorney.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 85.7pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 6 </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Powers of attorney must be granted by the Chief
Executive Officer, jointly with an Executive Officer, except for the power
described in sub-clause &#147;c&#148; of Sub-item I of Clause 22, for which only the
signature of the Chief Executive Officer is required.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 22.3pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>- To change the drafting of Clause 22, to
define the attributions of the Chief Officers, to the following drafting:</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 84.95pt;text-indent:-62.65pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Clause
22:</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Subject to the provisions of the previous
clauses, the following are the functions and powers attributed to the Executive
Board:</p>

<p style="margin:0in 0in 12.0pt 56.9pt;"><strong><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">I &#150; To the
Chief Executive Officer:</font></b></strong></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to oversee and direct the work of the company;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to supervise the preparation and implementation
of the Multi-year Strategic Implementation Plan and to develop the strategies
and actions approved;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to represent the company in the Courts,
actively and passively;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">d)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to sign, jointly with one of the Executive
Officers, documents which bind the company;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">e)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to present the annual report of the company&#146;s
business to the Executive Board and to the Ordinary General Meeting of
Stockholders;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">f)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to hire and dismiss the company&#146;s personnel;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">g)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to manage and direct the activities of Internal
Audits and Institutional Relationships, legal, communication and representation
activities, the General Secretariat and the function of the company&#146;s
Ombudsman.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">h)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to propose to the Executive Board for approval,
jointly with the Chief Officer to whom the employee is linked, the nominations
for posts of Superintendent of the Company;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">i)&#160; </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to propose nominations of employees to hold
management posts and positions on the audit boards of the wholly-owned or
jointly-controlled subsidiaries, and on Funda&#231;&#227;o Forluminas de Seguridade
Social &#150; Forluz, after hearing the Chief Officer for Finance, Investor
Relations and Control of Holdings, except in the case of the wholly-owned
subsidiaries Cemig Distribui&#231;&#227;o S.A. and Cemig Gera&#231;&#227;o e Transmiss&#227;o S.A., for
whom the provisions of Paragraph four of Clause 12 and Paragraph three of
Clause 18 of these bylaws prevail.</p>

<p style="margin:0in 0in 12.0pt 56.9pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">II &#150; To the Executive
Vice-Chairman:</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to substitute the Chief Executive Officer if he
is absent, in leave, temporarily impeded, or has resigned or his post
is vacant;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b) </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to promote
improvement in the company&#146;s social responsibility and sustainability policies;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c) </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to set the policies
and guidelines for the environment, technological development, alternative
energy sources and technical standardization;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">d)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to co-ordinate the company&#146;s strategy for
operations in relation to social responsibility and the environment,
technological processes and strategic management of technology;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">e)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to coordinate and put in place the maintenance
of the Company&#146;s quality control systems;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">f)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to promote the implementation of programs for
the company&#146;s technological development;</p>


 <p style="margin:24.0pt 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">g)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to monitor performance of plans for compliance
with the guidelines for the environment, technology and the improvement of
quality.</p>

<p style="margin:0in 0in 12.0pt 56.9pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">III- To the Chief Officer for
Finance, Investor Relations and Control of Holdings:</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to make available the financial resources
necessary for the operation and expansion of the company, in accordance with
the Annual Budget, conducting the processes of contracting of loans and
financings, and related services;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to co-ordinate preparation and consolidation,
with the participation of all the Chief Officers, of the company&#146;s Multi-year
Strategic Implementation Plan and Annual Budget;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to arrange for economic and financial valuation
of the Company&#146;s capital expenditure investment projects, except those that are
the responsibility of the Chief New Business Development Officer;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">d)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to accompany the performance of the execution
of the investment projects, according to targets and results approved by the
Management;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">e)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to carry out the accounting of, and to control,
the company&#146;s economic-financial transactions;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">f)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to determine the cost of the service and to
establish an insurance policy, as laid out in the company&#146;s Multi-year
Strategic Implementation Plan;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">g)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to prepare the short-, medium- and long-term
financial programming in detail, as specified in the company&#146;s Multi-year
Strategic Implementation Plan and Annual Budget;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">h)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to control the company&#146;s registered capital,
decide policy for its shares and for corporate governance, and to suggest
dividend policy;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">i)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to coordinate the preparation and negotiation
of the tariffs for retail supply and distribution of electricity, and the
revenues from transmission, with the National Electricity Agency, Aneel;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">j)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to be responsible for the provision of
information to the investing public, to the Securities Commission (CVM) and to
the Brazilian and international stock exchanges or over-the-counter markets,
and the corresponding regulation and inspection entities, and to keep the
company&#146;s registrations with these institutions updated.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">l)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to represent the Company to the CVM, the stock
exchanges and other entities of the capital markets;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">m)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to promote the financial and corporate
management of the company&#146;s holdings in the wholly-owned subsidiaries,
subsidiaries and affiliates, within the criteria of good corporate governance
and making continual efforts for compliance with their business plans, subject
to the provisions of these bylaws;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">n)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to propose to the Executive Board, for approval
or submission to the Board of Directors or to the General Meeting of
Stockholders, depending on the competency defined in these bylaws, injections
of capital, exercise of the right of preference and the making of voting
agreements in the wholly-owned companies, subsidiaries and affiliated companies
and in the consortia in which the Company participates;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">o)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to take part in negotiations that involve the
constitution and the alteration of corporate documents of the holdings referred
to in the previous sub-clause;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">p)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to coordinate the processes of sale of
stockholdings owned by the Company, by its wholly-owned subsidiaries,
subsidiaries and affiliated companies, upon prior legislative authorization and
approval by the Board of Directors.</p>

<p style="margin:0in 0in 12.0pt 56.9pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">IV- To the Chief Corporate
Management Officer:</font></p>


 <p style="margin:24.0pt 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">11</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to ensure the provision of appropriate
personnel to the company;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to decide the company&#146;s human resources policy
and to orient and promote its application;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to orient and conduct activities related to
organizational studies and their documentation;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">d)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to decide, conduct and supervise the company&#146;s
telecommunications and information technology policy;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">e)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to project, put in place and maintain the company&#146;s
telecommunications and information technology systems;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">f)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to decide policies and rules on support
services such as transport, administrative communication, security guards, and
provision of adequate quality in the workplace for the company&#146;s personnel;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">g)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to provide the company with infrastructure and
administrative support resources and services;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">h)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to coordinate the policies, processes and means
of property security, work safety and security guarding approved by the
company;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">i)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to carry out the negotiations of the collective
work agreements, in accordance with the guidelines and limits approved by the
Board of Directors, submitting the proposals negotiated for approval by the
Executive Board;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">j)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to manage the process of contracting of works
and services and of acquisition and disposal of materials and real estate
property;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">l)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to effect quality control of the material
acquired and of the qualification of contracted service providers;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">m)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to administer and control the stock of
material, the separation and recovery of used material, and to carry out sales
of excess and unusable material, and scrap;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">n)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to arrange for and implement programs to
increase, develop, affect and continually improve suppliers of materials and
services of interest to the company, alone or in cooperation with other Chief
Officers&#146; Departments or development agencies and industry associations, in the
ambit of the State of Minas Gerais;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">o)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to carry out corporate management and
environmental action programs within the scope of this Department;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">p)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to authorize initiation of administrative
tender proceedings and proceedings for exemption or non-requirement for
tenders, and the corresponding contracts, in amounts up to R$&nbsp;1,000,000.00
(one million Reais).</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">q)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to propose to the Chief Executive Officer, for
submission to the Executive Board for approval, from among the employees of the
Cemig Distribui&#231;&#227;o S.A. and of the Cemig Gera&#231;&#227;o e Transmiss&#227;o S.A.,
appointments for the positions of sitting and substitute members of the
Integrated Pro-Health Administration Committee;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">r)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to propose to the Chief Executive Officer, for
submission to the Executive Board for approval, from among the employees of the
company and of the other companies involved in the negotiations, appointments
of employees to the Union Negotiation Committee, and also the appointment of
its coordinator;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">s)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to present to the Executive Board the
evaluations arising from the leadership succession development program put in
place by the company,</p>


 <p style="margin:24.0pt 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">12</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="margin:0in 0in 12.0pt 125.25pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to provide support for the decisions
of the Executive Board on the appointments of employees for management
positions.</font></p>

<p style="margin:0in 0in 12.0pt 56.9pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">V- To the Chief Distribution
and Sales Officer:</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to make continuous efforts on behalf of the
quality of supply of energy to consumers that are directly linked to the
company&#146;s distribution system;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to prepare the planning of the company&#146;s
distribution system;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to manage the implementation of the
distribution facilities, including preparation and execution of planning,
construction and assembly;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">d)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to operate and maintain the company&#146;s systems
of generation and transmission and the associated systems of supervision and
long-distance control;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">e)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to manage the company&#146;s Work Safety Policy in
the ambit of his activities;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">f)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to formulate and implement the policies for
serving the consumer served by this Department;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">g)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to develop programs and actions with captive
consumers with demand lower than 500 kW, with a view to the most efficient use
of electricity;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">h)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to establish commercial relationships with and
coordinate the sale of electricity and services to captive consumers with
demand lower than 500 kW;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">i)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to carry out environmental programs and actions
within the scope of this Chief Officer&#146;s Department;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">j)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to represent the company in the Brazilian
Electricity Distributors&#146; Association (Abradee) and with other entities of the
distribution sector;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">l)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to ensure the physical security of the
distribution facilities, establishing policies and guidelines and managing the
asset security of these facilities;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">m)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to seek continuous improvement of the processes
of operation and maintenance, through the use of new technologies and methods
that aim for improvement of quality and reduction of the cost of those
activities.</p>

<p style="margin:0in 0in 12.0pt 56.9pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">VI &#150; To the Chief Energy
Generation and Transmission Officer:</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to make continuous efforts on behalf of the
quality of supply of electricity to consumers that are directly linked to the
transmission system;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to prepare the planning of generation and
transmission;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to operate and maintain the systems of
generation and transmission and the associated systems of supervision and
long-distance control;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">d)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to carry out environmental programs and actions
within the scope of this Chief Officer&#146;s Department;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">e)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to develop and conduct hydro-meteorological activities
of interest to the company;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">f)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to manage the operations arising from the
interlinking of the company&#146;s electricity transmission system with those of
other companies, and also the connection of agents to the company&#146;s basic
network;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">g)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to represent the company in relations with the
National System Operator (ONS), the Brazilian Association of Electricity
Generators (Abragee), and the other entities representing the electricity
generation and transmission sectors;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">h)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to manage the company&#146;s central laboratories
and workshops;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">i)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to coordinate and put in place projects for
refurbishment, modernization, improvement, reactivation and deactivation of the
generation and transmission facilities;</p>


 <p style="margin:24.0pt 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">13</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">j)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to propose and implement the measures that aim
to ensure the connectivity of the various agents of the electricity sector,
linked to the company&#146;s transmission system;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">l)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to ensure the physical security of the
generation and transmission facilities and managing the asset security of these
facilities; +++the Company+++++</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">m)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to manage the company&#146;s Work Safety Policy in
the ambit of its activities;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">n)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to manage the implementation of expansion
undertakings in generation, transmission and co-generation, arranging the
planning, construction and assembly, and ensuring the physical and financial
performance of these undertakings;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">o)&#160; </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to provide technical support to the
negotiations for making possible the undertakings for expansion of generation,
transmission and co-generation, and to participate in the negotiation of
documents of the consortia of entrepreneurs and special-purpose companies.</p>

<p style="margin:0in 0in 12.0pt 56.9pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">VII &#150; To the Chief Trading
Officer:</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to carry out research, studies and projections
that are in the Company&#146;s interest;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to coordinate the planning and execution of the
purchase of electricity to serve the company&#146;s market and the sale of
electricity coming from the company&#146;s own generation sources;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to coordinate the purchase and sale of
electricity in its different forms and modalities, including importation,
exportation and holdings in all the segments of markets specialized in energy;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">d)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to coordinate the provision of services of
intermediation of business related to the sale of electricity to any authorized
agent;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">e)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to represent the Company in the Electricity
Trading Chamber (CCEE), taking responsibility for the transactions carried out
in the ambit of the chamber, and to represent the Company in relations with the
other entities trading electricity;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">f)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to coordinate the establishment of the prices
for purchase and sale of electricity, and to propose them to the Executive
Board for approval;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">g)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to establish commercial relations with and
coordinate the state of electricity and services to consumers, individually, or
groups of consumers, served at voltages greater than or equal to 2.3kV and
contracted demand greater than or equal to 500kW, and also business groups;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">h)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to identify, measure and manage the risks
association with the trading of electricity;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">i)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to negotiate and manage the commercial
transactions involved in transport and connection of any party accessing the
distribution system;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">j)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to negotiate and manage the Contracts for Use
of the Transmission System with the National System Operator (ONS) and for
connection of the Distribution System to the transmission companies;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">l)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to manage the trading, in coordination with the
Chief New Business Development Officer, of the Company&#146;s carbon credits.</p>

<p style="margin:0in 0in 12.0pt 56.9pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">VIII &#150; To the Chief New
Business Development Officer:</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to arrange prospecting, analysis and
development of new business of the company in the areas of generation,
transmission and distribution of electricity, transport and gas distribution,
and also in other activities directly or indirectly related with the company&#146;s
objects;</p>


 <p style="margin:24.0pt 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">14</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to arrange for technical, economic-financial,
and environmental feasibility studies of new business projects for the company,
in coordination with the Chief Officers&#146; Departments related to the said
businesses;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to coordinate the negotiations and implement
the partnerships, consortia, special-purpose companies and other forms of
association with public or private companies necessary for the development of
new business, and also the negotiation of contracts and corporate documents of
these projects;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">d)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to coordinate the participation of the Company
in tender proceedings for obtaining grant of concessions in all the areas of
its operations;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">e)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to coordinate, evaluate and structure the
opportunities for acquisition of new assets in the electricity sector and the
sector of transport and distribution of gas;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">f)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to arrange for prospecting and analysis, within
the company, of business opportunities related to the use of carbon credits;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">g)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to consolidate the planning of expansion of the
generation, transmission and distribution systems;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">h)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to consolidate the Capital Investment Program
in the company&#146;s generation, transmission and distribution;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">i)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to represent the company in relations with the
entities for planning of expansion of the electricity sector in its areas of
operation;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">j)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to carry out environmental programs and actions
within the area related to this Chief Officer&#146;s Department;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">l)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to accompany, within the company, the energy
planning of the State of Minas Gerais.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 85.7pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167;1 </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The competencies of representation before
technical and administrative bodies and associations granted to the Chief
Officers under this Clause do not exclude the Chief Executive Officer&#146;s
competency of representation, nor the need for obedience to the provisions in
these Bylaws in relation to prior obtaining of authorizations from the
management bodies to contract obligations in the name of the company.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 85.7pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 2 </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>As well as the exercise of the attributions
herein specified and demanded by law, each Chief Officer&#146;s Department has the
competency to ensure the cooperation, assistance and support of the other Chief
Officer&#146;s Departments in the areas of their respective competencies, with the
aim of success in the greater objectives and interests of the Company.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 85.7pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 3 </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The projects developed by the Company in the
area of the Chief New Business Development Officer&#146;s Department, once
structured and constituted, should be assumed by the respective Chief Officer&#146;s
Departments responsible for their construction, execution, operation and sales,
as defined in these Bylaws.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 85.7pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 4 </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>It is the competency of each Chief Officer,
within the area of his operation, to arrange for the actions necessary for
compliance with and effective implementation of the work safety policies
approved by the Company.&#148;;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 22.3pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">11) </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>To change Clause 25, to adjust the attributions
of the Audit Board, permitting assumption of the attributions required by the
Sarbanes-Oxley Law, as follows:</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 84.95pt;text-indent:-62.65pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Clause 25</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The
Audit Board has the attributions and competencies specified by the Corporate
Law, and also, to the extent that they do not conflict with Brazilian
legislation, those required by the laws of the countries in which the company&#146;s
shares are listed and traded, in accordance with their regulations.&#148;;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt .5in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">12)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>To change the head
paragraph of Clause 28, so that the Bylaws may govern distribution of profits
or economic results to the employees and of profits to the managers, as
follows:</p>


 <p style="margin:24.0pt 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">15</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 84.95pt;text-indent:-62.65pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Clause 28</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The
following shall be deducted from the result for the business year before any
other allocation of economic results: retained losses, the provision for income
tax, the Social Contribution on Net Profit and, successively, the shares in
economic results to which employees and managers are entitled.&#148;;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 22.3pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">13) </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>To change the head
paragraph and sub-paragraph 1 of Clause 29, to improve the drafting, as follows:</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 84.95pt;text-indent:-62.65pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Clause
29: </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The dividends shall be distributed in the
following order:</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The annual minimum dividend guaranteed to the
preferred shares;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 125.25pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b)
</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The dividend for the common shares, up to a
percentage equal to that guaranteed to the preferred shares.&#148;</p>

<p style="margin:0in 0in 12.0pt 22.3pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">14-
To exclude Sub-paragraphs 1 and 2 of Clause 30, which refer respectively to the
competency of the Board of Directors to approve the Plan and to the Plan&#146;s
content, since these repeat what is already stated in other provisions of the
Bylaws (respectively: Clause 17, &#147;n&#148;; and Clause 11, Sub-paragraphs 2 and 4);</font></p>

<p style="margin:0in 0in 12.0pt 22.3pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">15-
To insert new Clauses 32 and 33, as follows:</font></p>

<p style="margin:0in 0in 12.0pt 84.95pt;text-indent:-62.65pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Clause
32: The employees have the right to a share in the profits or results of the
Company, upon the criteria defined by the Executive Board based on the
guidelines approved by the Board of Directors and limits set by the General
Meeting of Stockholders, in accordance with the specific legislation.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 84.95pt;text-indent:-62.65pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Clause
33:</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>It is the competency of the General Meeting of
Stockholders to set, annually, the limits for sharing of the managers in the
profits of the company, subject to the provisions of the sole sub-paragraph of
Clause 190 of Law 6404 of December 15, 1976.&#148;;</p>

<p style="margin:0in 0in 12.0pt 22.3pt;text-indent:-22.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">16-
To renumber Clause 32, to be Clause 34;</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 1.0in;text-indent:-42.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">17-</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>To
renumber Clause 33 to be Clause 35, and to change its drafting, to introduce
provision for the possibility of contracting of third party liability insurance
for the company&#146;s managers, to the following:</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 84.95pt;text-indent:-62.65pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Clause
35:</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The company shall provide to the members of the
Board of Directors, the Audit Board and the Executive Board, defense in Court
and/or administrative proceedings in which they are parties on the Plaintiff or
Defendant side, during or after their periods of office, for actions or events
related to the exercise of their specific functions and which do not violate
legal provisions or the provisions of these Bylaws.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 85.7pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 1 </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The guarantee given in the head paragraph of
this Clause extends to employees who legally carry out actions by delegation
from the company&#146;s management officers.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 85.7pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 2 </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Company shall contract third-party
liability insurance to cover expenses of proceedings, fees of counsel and
indemnities arising from the legal and administrative proceedings referred to
in the head paragraph of this Clause, upon decision by the Board of Directors.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 85.7pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 3</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Any member of the Board of Directors or the
Audit Board, or any Executive Officer or employee against whom a Court judgment
subject to no further appeal is given must reimburse the company all the costs,
expenses and losses caused to it.&#148;</p>


 <p style="margin:24.0pt 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">16</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt .3in;text-indent:-.3in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">V-
</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The Board
ratified:</b></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a) </font>assignment
of the employee Ayres Augusto &#193;lvares da Silva Mascarenhas to the Commercial
Board of the state of Minas Gerais, through a Mutual Cooperation Assignment
Working Agreement, for a period of sixty days, able to be extended for the same
period, in force from May 18, 2007;</p>

<p style="margin:0in 0in 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b)
partial assignment of Ms. Let&#237;cia Vignoli Villela Magalh&#227;es, employee of
Empresa de Infovias S.A., to Cemig, through an Employee Assignment Undertaking,
for a period of one year from July 1, 2007;</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c)
</font>signing
of the Mutual&#160; Cooperation Assignment
Working Agreement with the Minas Gerais State Planning and Management
Secretariat (Seplag), for assignment of the employee Adriano Magalh&#227;es Chaves,
in effect from July 1, 2007, for one year, able to be extended for the same period; and,</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">d) </font>Administrative
Tender Proceedings (Competition MS/AS-MO6013/2006) for disposal to the winning
bidder, the company Bor&#225; Agropecu&#225;ria Ltda., the sole bidder, of a rural real
estate property situated in the municipality of Sacramento, Minas Gerais, named
&#147;Gleba &#147;B&#148; &#147;, consisting of a land site of 82.45 ha, and respective
improvements,.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt .3in;text-indent:-.3in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">VI-
</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The Board
re-ratified</b> Administrative
Pre-Qualification Proceeding &#150; Competition MS/AS OS 4072, for contracting
lawyers&#146; services, to adapt the Maximum Reference Values Table and Special
Instructions for Payment, through signing of amendments to the contract in
force, to provide for the remuneration of the services and diligences essential
to the progress of the proceedings, an index of increase per km driven, and
also the custody and maintenance of case files, there being no change in the
global amounts already approved.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt .3in;text-indent:-.3in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">VII- </font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160; </font></b>The matters related
to the creation of a company to
intermediate the trading of electricity, and consent to alteration of an early
maturity clause in a private issue deed for non-convertible debentures, were
withdrawn from the agenda.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt .3in;text-indent:-.3in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">VIII- </font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The Board members</b> Andr&#233;a Paula Fernandes Pansa, Carlos Augusto
Leite Brand&#227;o, Evandro Veiga Negr&#227;o de Lima, Haroldo Guimar&#227;es Brasil and Nohad
Toufic Harati voted against approval of the matters mentioned in items IV and
V, sub-items &#147;a&#148;, &#147;b&#148; and &#147;c&#148;.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt .3in;text-indent:-.3in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">IX- </font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The board member</b> Wilton de Medeiros Daher</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt .5in;text-indent:-21.0pt;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>voted against approval of the matters relating
to:</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt .5in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>the
procedure for disposal of a real estate property in Jaguara and signing of an
amendment to the contract for purchase and sale of a real estate property in
Jaguara, mentioned in items V, sub-clause &#147;d&#148;,&#160;
II, sub-clause &#147;d&#148;, above;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt .5in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>the
signing of a personnel assignment agreement, a personnel assignment undertaking,
and a personnel mutual cooperation assignment working agreement, referred to
in&#160; item V, sub-clauses &#147;a&#148; , &#147;b&#148; and &#147;c&#148;;
and</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt .5in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>the
creation of a company to provide solutions for putting management systems in
place, mentioned in item II, sub-clause&nbsp;&#147;g&#148;, above;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt .5in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>and
voted with reservation on the changes to the Bylaws referred to in item IV,
above.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt .3in;text-indent:-.3in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">X - The following spoke</font></b> on general matters and business of interest to
the Company:</p>

<p style="margin:0in 0in 12.0pt 116.6pt;text-indent:-94.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The
Chairman; the Vice-chairman;</font></p>


 <p style="margin:24.0pt 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">17</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 116.6pt;text-indent:-94.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Board
Members: </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Andr&#233;a Paula Fernandes Pansa, Carlos Augusto
Leite Brand&#227;o, Evandro Veiga Negr&#227;o de Lima, Haroldo Guimar&#227;es Brasil, Nohad
Toufic Harati, Marco Antonio Rodrigues da Cunha and Wilton de Medeiros Daher.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 117.0pt;text-indent:-94.5pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Directors:</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Luiz Fernando Rolla
and Jos&#233; Carlos de Mattos.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 117.0pt;text-indent:-94.5pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Superintendents:</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Manoel Bernardino Soares and Pedro Carlos Hosken
Vieira.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 117.0pt;text-indent:-94.5pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Analyst </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>&#193;lvaro Nelson Assis
Ara&#250;jo</p>

<p style="margin:0in 0in 12.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">The
following were present:</font></b></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 116.6pt;text-indent:-94.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Board
Members:</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>M&#225;rcio Ara&#250;jo de Lacerda, Djalma Bastos de
Morais, A&#233;cio Ferreira da Cunha, Alexandre Heringer Lisboa, Andr&#233;a Paula Fernandes
Pansa, Ant&#244;nio Adriano Silva, Carlos Augusto Leite Brand&#227;o, Evandro Veiga
Negr&#227;o de Lima, Francelino Pereira dos Santos, Haroldo Guimar&#227;es Brasil, Maria
Estela Kubitschek Lopes, Wilson N&#233;lio Brumer, Wilton de Medeiros Daher, Nohad
Toufic Harati, Fernando Henrique Schuffner Neto, Francisco de Assis Soares and
Marco Antonio Rodrigues da Cunha;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 116.6pt;text-indent:-94.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Directors:</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Luiz Fernando Rolla
and Jos&#233; Carlos de Mattos.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 116.6pt;text-indent:-94.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Superintendents:</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Manoel Bernardino Soares and Pedro Carlos Hosken
Vieira;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 116.6pt;text-indent:-94.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Analyst:</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>&#193;lvaro Nelson Assis
Ara&#250;jo</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0in 0in 12.0pt 116.6pt;text-indent:-94.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Secretary:</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Anamaria Pugedo Frade
Barros.</p>

<p style="line-height:normal;margin:0in 0in 12.0pt;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Anamaria Pugedo Frade Barros</font></p>


 <p style="margin:24.0pt 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">18</font></p>
</div><br><hr size="3" width="100%" noshade color="#010101" align="center">

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<div>


<p align="center" style="margin:0pt 0pt 12.0pt;punctuation-wrap:hanging;text-align:center;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman"><img width="671" height="110" src="g264341bei001.jpg"></font></p>

<p align="center" style="margin:0pt 0pt 12.0pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">PROPOSAL
OF THE BOARD OF DIRECTORS</font></b></p>

<p align="center" style="margin:0pt 0pt 12.0pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">TO</font></b></p>

<p align="center" style="margin:0pt 0pt 12.0pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">THE
EXTRAORDINARY GENERAL MEETING OF STOCKHOLDERS</font></b></p>

<p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0pt 0pt 12.0pt 72.0pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;text-indent:-42.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Dear
Stockholders:</font></b></p>

<p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0pt 0pt 12.0pt 72.0pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;text-indent:-42.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Whereas &#150;</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt 72.0pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;text-indent:-42.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>the
office of the Attorney General of the State of Minas Gerais has recommended
that the Bylaws should ensure participation by the State in the decisions of
the wholly-owned subsidiaries and companies controlled by Cemig, so as to
preserve its condition of controlling stockholder, in accordance with the
Constitution of the State of Minas Gerais and the current legislation;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt 72.0pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;text-indent:-42.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>there
is a need for restructuring of the distribution of competencies between the
various management bodies of the company;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt 72.0pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;text-indent:-42.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>there
is a need, in particular, for adjustment of the attributions of the Audit
Board, to permit it to assume the attributions demanded by the Sarbanes-Oxley
Law;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt 72.0pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;text-indent:-42.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">d) </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>it
is convenient that there should be provision in the Bylaws relating to the
distribution of profits or results to the employees, and also of profits to the
managers, in accordance with the limits to be fixed by the General Meeting of
Stockholders to comply with Article 190 of Law 6404 of December 15, 1976, and
the rulings of the Brazilian Securities Commission (CVM);</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt 72.0pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;text-indent:-42.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">e) </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>a
provision in the Bylaws governing distribution of profits or results is, also,
necessary, as a means of tax planning, since it makes possible the deduction of
profit shares distributed directly from profit and avoids infringement notices
by the Federal Revenue Service, which has happened to the company precisely
because of the absence of this provision;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt 72.0pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;text-indent:-42.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">f)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>there
is a need to introduce a provision for possibility of contracting third party
liability insurance for the managers of the company, upon a proposal by its
Board of Directors;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt 72.0pt;punctuation-wrap:simple;text-autospace:none;text-indent:-42.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">g) </font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>there
is a need for revision of several provisions of the Bylaws to make them more
appropriate in formal and/or legal terms;</p>

<p style="margin:0pt 0pt 12.0pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#150; the Board of
Directors now proposes to submit to the Extraordinary General Meeting of
Stockholders the following changes in the Bylaws:</font></p>


 <p style="margin:24.0pt 0pt .0001pt;punctuation-wrap:hanging;text-align:center;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">19</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;font-family:Times New Roman;margin-left:30.0pt;">
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><!-- SET mrlHTMLTableLeft --><!-- SET mrlNoTableShading -->1)</p>
  </td>
  <td width="601" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:450.9pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">To insert a second
  paragraph in Clause 1, with the following drafting, the existing Sole
  paragraph becoming Sub-paragraph 1:</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="570" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:427.4pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Clause 1- ...</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167;1 -</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The activities
  referred to in this clause may be carried out directly by Cemig or through
  companies constituted by it or in which it is or may in the future be a
  majority or minority stockholder, upon decision by the Board of Directors, in
  accordance with State Laws 828 of 14 December 1951, 8655 of 18 September 1984
  and 15290 of 4 August 2004.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 2 &#150;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The State of
  Minas Gerais shall participate in the decisions of the wholly-owned
  subsidiaries and the companies controlled by the company, so as to preserve
  its condition of controlling stockholder, under the Constitution of the State
  of Minas Gerais and the current legislation.&#148;;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2)</font></p>
  </td>
  <td width="601" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:450.9pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">To change the first, second, third, fourth and fifth
  sub-paragraphs of Clause 11, to improve the drafting and for technical legal
  reasons, to the following:</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="570" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:427.4pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Clause 11- ...</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 1 -</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The structure
  and composition of the Board of Directors and the Executive Board of the
  company shall be identical in the wholly-owned subsidiaries Cemig
  Distribui&#231;&#227;o S.A and Cemig Gera&#231;&#227;o e Transmiss&#227;o S.A., with the following
  exceptions: only the subsidiary Cemig Distribui&#231;&#227;o S.A shall have a Chief
  Energy Distribution and Sales Officer&#146;s Department, and only the subsidiary
  Cemig Gera&#231;&#227;o e Transmiss&#227;o S.A. shall have a Chief Energy Generation and
  Transmission Officer&#146;s Department.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 2 -</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Board of
  Directors and the Executive Board, in the management of the company, and of
  the wholly-owned subsidiaries Cemig Distribui&#231;&#227;o S.A. and Cemig Gera&#231;&#227;o e
  Transmiss&#227;o S.A. and the other wholly-owned subsidiaries, and companies
  controlled by the company or affiliated companies or consortia in which they
  have direct or indirect holdings, shall obey the provisions of the company&#146;s
  Long-Term Strategic Plan, especially the dividend policy therein contained,
  as approved by the Board of Directors.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 3 &#150;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Long-Term
  Strategic Plan shall contain the long-term strategic planning and
  fundamentals, and the targets, objectives and results to be pursued and
  attained by the company and its dividend policy, and shall obey the
  commitments and requirements specified in &#167; 5 below.</font></p>
  </td>
 </tr>
</table>

<p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>


 <p style="margin:24.0pt 0pt .0001pt;punctuation-wrap:hanging;text-align:center;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">20</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;font-family:Times New Roman;margin-left:30.0pt;">
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><!-- SET mrlHTMLTableLeft --><!-- SET mrlNoTableShading --></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 4 -</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Long-Term
  Strategic Plan shall be revised annually by the Executive Board and approved
  by the Board of Directors and shall be reflected in all the plans, forecasts,
  activities, strategies, capital expenditure and expenses of the company and
  its wholly-owned subsidiaries, companies that it controls, affiliated
  companies, and the consortia in which it directly or indirectly participates,
  including the company&#146;s Multi-year Strategic Implementation Plan and the Annual
  Budget, which shall be approved by the Board of Directors.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 5 -</font></p>
  </td>
  <td width="570" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:427.4pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">In the
  administration of the company and the exercise of the right to vote in
  wholly-owned subsidiaries, companies that Cemig controls, affiliated
  companies and consortia, the Board of Directors and the Executive Board shall
  faithfully obey and comply with the following targets:</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to keep the
  company&#146;s consolidated indebtedness equal to or less than 2 (two) times the
  company&#146;s Ebitda (earnings before interest, taxes, depreciation and
  amortization);</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to keep the
  consolidated ratio (Net debt + Stockholders&#146; equity) equal to or less than
  40% (forty per cent);</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to limit the
  consolidated balance of funds recognized in Current assets, for the purposes
  of Clause 30 of these Bylaws or otherwise, to the equivalent of a maximum of
  5% (five per cent) of the company&#146;s Ebitda (Earnings before interest, taxes,
  depreciation and amortization);</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">d)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to limit the
  consolidated amount of funds destined to capital expenditure and the
  acquisition of any assets, in each business year, to the equivalent of a
  maximum of 40% (forty per cent) of the company&#146;s Ebitda (Earnings before
  interest, taxes, depreciation and amortization);</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">e)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to invest only
  in distribution, generation and transmission projects which offer real
  minimum internal rates of return equal to or more than those specified in the
  company&#146;s Long-Term Strategic Plan, subject to the legal obligations;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">f)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to maintain the
  expenses of the subsidiary Cemig Distribui&#231;&#227;o S.A. and of any subsidiary
  which operates in distribution of electricity at amounts not greater than the
  amounts recognized in the tariff adjustments and reviews; and</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">g)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to maintain the
  revenues of the subsidiary Cemig Distribui&#231;&#227;o S.A. and those of any
  subsidiary which operates in distribution at the amounts recognized in the
  tariff adjustments and reviews.&nbsp;...&#148;.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">To improve the
  drafting of the second and fourth sub-paragraphs of Clause 12, to the
  following:</font></p>
  </td>
 </tr>
</table>

<p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>


 <p style="margin:24.0pt 0pt .0001pt;punctuation-wrap:hanging;text-align:center;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">21</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;font-family:Times New Roman;margin-left:30.0pt;">
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><!-- SET mrlHTMLTableLeft --><!-- SET mrlNoTableShading --></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="570" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:427.4pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Clause 12- ...</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 2</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The global or
  individual amount of the remuneration of the Board of Directors shall be
  fixed by the General Meeting of Stockholders, in accordance with the
  legislation from time to time in force. (...)</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 4</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Boards of
  Directors of the subsidiaries Cemig Distribui&#231;&#227;o S.A. and Cemig Gera&#231;&#227;o e
  Transmiss&#227;o S.A. shall, obligatorily, be composed of the members or
  substitute members elected to the Board of Directors of the company.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">To change the
  drafting of Clause 17 to the following:</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="570" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:427.4pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Clause 17: The Board of Directors shall have the
  following attributions:</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to fix the
  general orientation of the company&#146;s business;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to elect or
  dismiss the Executive Officers of the company, subject to these bylaws;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to decide, prior
  to the company entering into them, on contracts between the company and any
  of its stockholders, or companies which are sole or joint controlling
  stockholders of any of its stockholders;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">d)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to decide, upon
  proposal by the Executive Board, on disposal or placement of a charge on any
  of the company&#146;s property, plant or equipment, and on the giving by the
  company of any guarantee to any third parties of which the individual value
  is greater than or equal to R$&nbsp;5,000,000.00 (five million Reais);</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">e)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to decide, upon
  proposal put forward by the Executive Board, on the company&#146;s capital
  investment projects, signing of contracts and legal transactions in general,
  contracting of loans, financings, or the constitution of any obligations in
  the name of the company, which individually or jointly amount to R$&nbsp;5,000,000.00 (five million Reais) or more, including injections of capital
  into wholly-owned subsidiaries, companies that Cemig controls, affiliated
  companies and the consortia in which it participates;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">f)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to call the
  General Meeting of Stockholders;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">g)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to monitor and
  inspect the management by the Executive Board: the Board of Directors may, at
  any time, examine the books and papers of the company, and request
  information on contracts agreed or in the process of being agreed, and on any
  other administrative facts or actions which it deems to be of interest;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">h)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to give a prior
  opinion on the report of management and the accounts of the Executive Board
  of the company;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">i)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to choose,
  annually, and to dismiss, the company&#146;s auditors, from among companies with
  international reputation authorized by the Securities Commission (CVM) to
  audit listed companies;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">j)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to authorize,
  upon a proposal by the Executive Board, the start of administrative
  proceedings for competitive bids, and proceedings for dispensation from or
  non-requirement of bids, and the corresponding contracts, in amounts greater
  than or equal to R$&nbsp;5,000,000.00 (five million Reais);</font></p>
  </td>
 </tr>
</table>

<p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>


 <p style="margin:24.0pt 0pt .0001pt;punctuation-wrap:hanging;text-align:center;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">22</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;font-family:Times New Roman;margin-left:30.0pt;">
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><!-- SET mrlHTMLTableLeft --><!-- SET mrlNoTableShading --></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">l)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to authorize,
  upon a proposal by the Executive Officers, the initiation of legal actions
  and administrative proceedings, and making of Court and extrajudicial
  settlements, when the amount is greater than or equal to R$&nbsp;5,000,000.00
  (five million Reais);</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">m)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to authorize the
  issue of securities, in the domestic or external markets, for the raising of
  funds, in the form of debentures, promissory notes, medium-term notes and
  other instruments;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">n)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to approve the
  company&#146;s Long-Term Strategic Plan, the Multi-year Strategic Implementation
  Plan, and the Annual Budget and any alterations and revisions thereof;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">o)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to set the
  governing guidelines and establish the limits, including financial limits,
  for expenditure on personnel, including concession of benefits and collective
  work agreements, subject to the competency of the General Meeting of
  Stockholders, and in obedience to the Annual Budget approved;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">p)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to authorize the
  exercise of the right of preference or rights under a stockholders&#146; agreement
  or of voting in wholly-owned subsidiaries, companies controlled by Cemig,
  affiliated companies and the consortia in which Cemig participates, except in
  the case of the wholly-owned subsidiaries Cemig Distribui&#231;&#227;o S.A. and Cemig
  Gera&#231;&#227;o e Transmiss&#227;o S.A., for which the competency for deciding on these
  matters will be that of the General Meeting of Stockholders.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="570" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:427.4pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
  Board of Directors, by specific resolutions, may delegate the power to
  authorize agreement of contracts for sales of electricity or for provision of
  distribution or transmission services to the Executive Board, in accordance
  with the legislation.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5)</font></p>
  </td>
  <td width="570" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:427.4pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">To change the
  name of Section II of Chapter IV to &#147;the Executive Board&#148;, to bring it into
  harmony with the provisions of the Bylaws, which always refer to that body in
  this way;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6)</font></p>
  </td>
  <td width="570" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:427.4pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">To change the
  name of the Chief Finance, Holdings and Investor Relations Officers&#146;
  Department to the Department of the Chief Officer for Finance, Investor
  Relations and Control of Holdings, consequently changing the drafting of the
  head paragraph of Clause 18 to the following:</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="570" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:427.4pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Clause 18-: The Executive Board shall be made up of
  8 (eight) Executive Officers, who may be stockholders, elected by the Board
  of Directors, namely: the Chief Executive Officer; an Executive
  Vice-Chairman; a Chief Officer for Finance, Investor Relations and Control of
  Holdings; a Chief Corporate Management Officer, a Chief Distribution and
  Sales Officer; a Chief Generation and Transmission Officer; a Chief Trading
  Officer; and a Chief New Business Development Officer.&#148;;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">7)</font></p>
  </td>
  <td width="570" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:427.4pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">To change
  sub-paragraphs 3 and 4 of Clause 18, to improve the drafting and to establish
  that the annual paid leave of the Chief Officers shall be granted to them by
  the Chief Executive Officer, whose own leave shall be granted by the Board of
  Directors, and, also, to revoke the restriction on payment of annual paid
  leave not taken, to the following drafting:</font></p>
  </td>
 </tr>
</table>

<p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>


 <p style="margin:24.0pt 0pt .0001pt;punctuation-wrap:hanging;text-align:center;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">23</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;font-family:Times New Roman;margin-left:30.0pt;">
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><!-- SET mrlHTMLTableLeft --><!-- SET mrlNoTableShading --></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="570" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:427.4pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Clause 18...</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 3</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Executive
  Officers shall exercise their positions as full-time occupations in the
  regime of exclusive dedication to the service of the company. They may at the
  same time hold and exercise non-remunerated positions in the management of
  the company&#146;s wholly-owned subsidiaries, companies controlled by Cemig, and
  affiliated companies, at the option of the Board of Directors. They shall, however,
  obligatorily exercise the corresponding positions in the wholly-owned
  subsidiaries Cemig Distribui&#231;&#227;o S.A. and Cemig Gera&#231;&#227;o e Transmiss&#227;o S.A.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 4</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Executive
  Officers who are not employees shall have the right to an annual period of
  not more than 30 (thirty) days&#146; remunerated leave. This leave may not be
  accumulated into the subsequent year, and its remuneration shall be augmented
  by one-third of the monthly remuneration currently in effect, which shall be
  granted to them by the Chief Executive Officer, whose own leave shall be
  granted by the Board of Directors.&#148;;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8)</font></p>
  </td>
  <td width="570" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:427.4pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">To change the
  head paragraph and Sub-paragraph 1 of Clause 19 to improve the drafting, to
  the following:</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="570" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:427.4pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Clause 19: In the event of absence, leave,
  resignation or vacancy of the post of the Chief Executive Officer, this post
  shall be exercised by the Executive Vice-Chairman, for whatever period the
  absence or leave may last, and, in the event of vacancy, or of prevention
  from being able to exercise the function, until the post is filled by the
  Board of Directors.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 1</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">In the event of
  absence, leave, resignation or vacancy of any of the other members of the
  Executive Board, a meeting of the Executive Board may by a majority vote
  attribute the exercise of the respective functions to another Executive
  Officer, until the post is filled by the Board of Directors, or for as long
  as the absence or leave lasts, and in the case of vacancy, impediment or
  resignation, until the post is filled by the Board of Directors. ... &#148;;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">9)</font></p>
  </td>
  <td width="570" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:427.4pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">To change Clause
  21 to improve the drafting and to define the competencies of the Executive
  Board, to the following:</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="570" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:427.4pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Clause 21: The Executive Board is responsible for
  the current management of the company&#146;s business, subject to the Long-Term
  Strategic Plan, the Multi-year Strategic Implementation Plan and the Annual
  Budget, prepared and approved in accordance with these Bylaws.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 1</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The company&#146;s
  Multi-year Strategic Implementation Plan shall reflect the company&#146;s
  Long-Term Strategic Plan and contain the plans and projections for a period
  of 5 (five) financial years, and must be updated at least once a year, and
  shall deal in detail with the following subjects, among others:</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">the company&#146;s
  strategies and actions, including any project related to its objects;</font></p>
  </td>
 </tr>
</table>

<p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>


 <p style="margin:24.0pt 0pt .0001pt;punctuation-wrap:hanging;text-align:center;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">24</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;font-family:Times New Roman;margin-left:30.0pt;">
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><!-- SET mrlNoTableShading --><!-- SET mrlHTMLTableLeft --></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">the new
  investments and business opportunities, including those of the company&#146;s
  wholly-owned subsidiaries and affiliates, and of the consortia in which it
  participates;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">the amounts to
  be invested or in any other way contributed from the company&#146;s own funds or
  funds of third parties;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">d)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">the rates of
  return and profits to be obtained or generated by the company.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 2</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The company&#146;s
  Annual Budget shall reflect the company&#146;s Multi-year Strategic Implementation
  Plan and, consequently, the Long-Term Strategic Plan and must give details of
  operational revenue and expenses, costs and capital expenditure, cash flow,
  the amount to be allocated to the payment of dividends, investments of cash
  from the company&#146;s own funds or funds of third parties, and any other data
  that the Executive Board considers to be necessary.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 3</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The company&#146;s
  Multi-year Strategic Plan and the Annual Budget shall be prepared based on
  the company&#146;s Long-Term Strategic Plan and updated annually, by the end of
  each business year, to be in effect in the following business year. Both
  shall be prepared in coordination with the Chief Officer for Finance,
  Investor Relations and Control of Holdings and submitted to examination by
  the Executive Board, and, subsequently, for approval by the Board of
  Directors.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167;4</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The following
  decisions shall require a vote by the Executive Board:</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">approval of the
  plan of organization of the company and issuance of the corresponding rules
  and any changes to them;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">approval of the
  company&#146;s Multi-year Strategic Implementation Plan, and revisions of it,
  including timetables, amount and allocation of the capital expenditure
  specified in it and its submission to the Board of Directors;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">approval and
  submission to the Board of Directors of the Annual Budget, which shall
  reflect the Multi-year Strategic Implementation Plan at that time in effect,
  and revisions to it;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">d)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">decision on
  rescheduling or rearrangement of investments or expenses specified in the
  Annual Budget which individually or jointly amount, in a single business
  year, to less than R$&nbsp;5,000,000.00 (five million Reais), with consequent
  re-adjustment of the targets approved, subject to the Multi-year Strategic
  Implementation Plan and the Annual Budget;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">e)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">approval of
  disposal of or placement of a charge upon any of the company&#146;s property,
  plant or equipment, and the giving of guarantees to third parties, in amounts
  less than R$&nbsp;5,000,000.00 (five million Reais);</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">f)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">authorization of
  the company&#146;s capital expenditure projects, the signing of agreements and
  legal transactions in general, the contracting of loans, financing and the
  constitution of an obligation in the name of Cemig, based on the annual
  budget approved, which individually or in aggregate have values less than</font></p>
  </td>
 </tr>
</table>

<p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>


 <p style="margin:24.0pt 0pt .0001pt;punctuation-wrap:hanging;text-align:center;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">25</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;font-family:Times New Roman;margin-left:30.0pt;">
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><!-- SET mrlHTMLTableLeft --><!-- SET mrlNoTableShading --></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">R$&nbsp;5,000,000.00 (five million Reais), including the
  injection of capital into wholly-owned subsidiaries, companies controlled by
  Cemig, affiliated companies and the consortia in which it participates,
  subject to the provision of sub-clause &#147;p&#148; of sub-item IV of Clause 22;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">g)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">approval, upon
  proposal by the Chief Executive Officer, jointly with the Chief Officer for
  Finance, Investor Relations and Control of Holdings, of the casting of votes
  in the General Meetings of Stockholders and in the meetings of the Boards of
  Directors of the wholly-owned subsidiaries, companies controlled by Cemig,
  affiliated companies and the consortia in which the company participates,
  except in the case of the wholly-owned subsidiaries Cemig Distribui&#231;&#227;o S.A.
  and Cemig Gera&#231;&#227;o e Transmiss&#227;o S.A., for which the competency for decision on
  these matters will be that of the General Meeting of Stockholders, and the
  decisions must obey the provisions of these Bylaws, the decisions of the
  Board of Directors, the Long-term Strategic Plan and the Multi-year Strategic
  Implementation Plan;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">h)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">authorization to
  initiate administrative tender proceedings and proceedings for exemption from
  or non-requirement for tenders, and the corresponding contracts, in amounts
  greater than or equal to R$&nbsp;1,000,000.00 (one million Reais) and less than R$&nbsp;5,000,000.00 (five million Reais);</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">i)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">authorization to
  file legal actions and administrative proceedings, and to enter into Court
  and extra-judicial settlements, for amounts less than R$&nbsp;5,000,000.00 (five
  million Reais); and</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">j)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">authorization of
  provisions in the company&#146;s accounts, of any value, on proposal from the
  Chief Officer for Finance, Investor Relations and Control of Holdings;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">l)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">approval of the
  nominations of employees to hold management posts in the company, upon
  proposal by the Chief Officer concerned, subject to the provisions of
  sub-clause &#147;h&#148; of sub-item I of Clause 22;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">m)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">authorization of
  expenditure on personnel expenses and collective work agreements, after
  authorization of expenditure on personnel expenses and collective work
  agreements, subject to the competency of the General Meeting of Stockholders,
  the guidelines and the limits approved by the Board of Directors and the
  Annual Budget approved.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 5</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Actions
  necessary for the regular functioning of the company, agreement of contracts
  and other legal transactions shall be taken by the Chief Executive Officer,
  jointly with one Executive Officer, or with a person holding a valid power of
  attorney.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 6</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Powers of
  attorney must be granted by the Chief Executive Officer, jointly with an
  Executive Officer, except for the power described in sub-clause &#147;c&#148; of
  Sub-item I of Clause 22, for which only the signature of the Chief Executive
  Officer is required.</font></p>
  </td>
 </tr>
</table>

<p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>


 <p style="margin:24.0pt 0pt .0001pt;punctuation-wrap:hanging;text-align:center;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">26</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;font-family:Times New Roman;margin-left:30.0pt;">
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><!-- SET mrlHTMLTableLeft --><!-- SET mrlNoTableShading --></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">To change Clause
  22, for definition of the attributions of the Chief Officers, to the
  following:</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Clause 22: Subject to the provisions of the previous
  clauses, the following are the functions and powers attributed to the
  Executive Board:</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="570" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:427.4pt;">
  <p style="font-weight:bold;letter-spacing:0pt;margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">I &#150; To the Chief Executive
  Officer:</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to oversee and
  direct the work of the company;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to supervise the
  preparation and implementation of the Multi-year Strategic Implementation
  Plan and to develop the strategies and actions approved;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to represent the
  company in the Courts, actively and passively;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">d)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to sign, jointly
  with one of the Executive Officers, documents which bind the company;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">e)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to present the
  annual report of the company&#146;s business to the Executive Board and to the
  Ordinary General Meeting of Stockholders;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">f)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to hire and
  dismiss the company&#146;s personnel;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">g)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to manage and
  direct the activities of Internal Audits and Institutional Relationships,
  legal, communication and representation activities, the General Secretariat
  and the function of the company&#146;s Ombudsman;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">h)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to propose to
  the Executive Board for approval, jointly with the Chief Officer to whom the
  employee is linked, the nominations for posts of Superintendent of the
  company;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">i)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to propose the
  appointments to management positions and the Audit Boards of the wholly-owned
  subsidiaries, companies controlled by Cemig, and affiliated companies, and
  also Forluz (Funda&#231;&#227;o Forluminas de Seguridade Social), after hearing the
  position of the Chief Officer for Finance, Investor Relations and Control of
  Holdings, except in the case of the wholly-owned subsidiaries Cemig
  Distribui&#231;&#227;o S.A. and Cemig Gera&#231;&#227;o e Transmiss&#227;o S.A., for which the
  provisions of paragraph 4 of Clause 12 and the third sub-paragraph of Clause
  18 of these Bylaws prevail.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="570" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:427.4pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">II &#150; To the Executive Vice-Chairman:</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to substitute
  the Chief Executive Officer when he is absent, on leave, temporarily impeded,
  or has resigned or the position is vacant;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to work for
  improvement of the company&#146;s social responsibility and sustainability
  policies;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to set the
  policies and guidelines for the sustainability, and social responsibility,
  the environment, technological development, alternative energy sources and
  technical standardization;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">d)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to co-ordinate
  the company&#146;s strategy for operations in relation to social responsibility
  and the environment, technological processes and strategic management of
  technology;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">e)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to coordinate
  and put in place the maintenance of the company&#146;s quality control systems;</font></p>
  </td>
 </tr>
</table>

<p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>


 <p style="margin:24.0pt 0pt .0001pt;punctuation-wrap:hanging;text-align:center;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">27</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;font-family:Times New Roman;margin-left:30.0pt;">
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><!-- SET mrlHTMLTableLeft --><!-- SET mrlNoTableShading --></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">f)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to promote the
  implementation of programs for the company&#146;s technological development;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">g)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to monitor
  performance of plans for compliance with the guidelines for the environment,
  technology and the improvement of quality.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="570" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:427.4pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">III - To the Chief Officer for Finance, Investor
  Relations and Control of Holdings:</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to provide the
  financial resources necessary for the operation and expansion of the company,
  in accordance with an Annual Budget, conducting the processes of contracting
  of loans and financings, and the related services;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to co-ordinate
  the preparation and consolidation, with the participation of all the Chief
  Officers, of the company&#146;s Multi-year Strategic Implementation Plan and
  Annual Budget;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to arrange for
  economic and financial valuation of the company&#146;s capital expenditure
  investment projects, except those that are the responsibility of the Chief
  New Business Development Officer;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">d)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to accompany the
  performance of the execution of the investment projects, according to targets
  and results approved by the Management;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">e)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to carry out the
  accounting of, and to control, the company&#146;s economic-financial transactions;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">f)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to determine the
  cost of the service and to establish an insurance policy, as laid out in the
  company&#146;s Multi-year Strategic Plan;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">g)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to prepare
  short-, medium- and long-term financial programming in detail, as specified
  in the company&#146;s Multi-year Strategic Plan and Annual Budget;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">h)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to control the
  company&#146;s registered capital, decide policy for its shares, and for corporate
  governance, and to suggest dividend policy;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">i)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to coordinate
  the preparation and negotiation of the tariffs for retail supply and
  distribution of electricity, with the National Electricity Agency, Aneel;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">j)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to be
  responsible for the provision of information to the investing public, to the
  Securities Commission (CVM) and to the Brazilian and international stock
  exchanges or over-the-counter markets, and the corresponding regulation and
  inspection entities, and to keep the company&#146;s registrations with these
  institutions updated;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">l)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to represent the
  company to the CVM , the stock exchanges and other entities of the capital
  markets;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">m)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to promote the
  financial and corporate management of the company&#146;s holdings in the
  wholly-owned subsidiaries, subsidiaries and affiliates, within the criteria
  of good corporate governance and making continual efforts for compliance with
  their business plans, subject to the provisions of these bylaws;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">n)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to propose to
  the Executive Board, for approval or submission to the Board of Directors or
  to the General Meeting of Stockholders, depending on the competency defined
  in these bylaws, injections of capital, exercise of the right of preference
  and the making of voting</font></p>
  </td>
 </tr>
</table>

<p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>


 <p style="margin:24.0pt 0pt .0001pt;punctuation-wrap:hanging;text-align:center;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">28</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;font-family:Times New Roman;margin-left:30.0pt;">
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><!-- SET mrlHTMLTableLeft --><!-- SET mrlNoTableShading --></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">agreements in the wholly-owned companies,
  subsidiaries and affiliated companies and in the consortia in which the
  company participates;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">o)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to take part in
  negotiations that involve the constitution or alteration of corporate
  documents of the holdings referred to in the previous sub-clause;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">p)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to coordinate
  the processes of sale of stockholdings owned by the company, by its
  wholly-owned subsidiaries, subsidiaries and affiliated companies, upon prior
  legislative authorization and approval by the Board of Directors.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="570" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:427.4pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">IV- To the Chief Corporate Management Officer:</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to ensure the
  provision of appropriate personnel to the company;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to decide the
  company&#146;s human resources policy and to orient and promote its application;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to orient and
  conduct activities related to organizational studies and their documentation;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">d)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to decide,
  conduct and supervise the company&#146;s telecommunications and information
  technology policy;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">e)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to project, put
  in place and maintain the company&#146;s telecommunications and information
  technology systems;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">f)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to decide
  policies and rules on support services such as transport, administrative
  communication, security guards, and provision of adequate quality in the
  workplace for the company&#146;s personnel;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">g)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to provide the
  company with infrastructure and administrative support resources and
  services;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">h)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to coordinate
  the policies, processes and means of property security, work safety and
  security guarding approved by the company;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">i)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to carry out the
  negotiations of the collective work agreements, in accordance with the
  guidelines and limits approved by the Board of Directors, submitting the
  proposals negotiated for approval by the Executive Board;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">j)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to manage the
  process of contracting of works and services for acquisition and disposal of
  materials and real estate property;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">l)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to effect
  quality control of the material acquired and of the qualification of
  contracted service providers;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">m)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to administer and
  control the stock of material, the separation and recovery of used material,
  and to carry out sales of excess and unusable material, and scrap;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">n)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to arrange for
  and implement programs to increase, develop, affect and continually improve
  suppliers of materials and services of interest to the company, alone or in
  cooperation with other Chief Officers&#146; Departments or development agencies
  and industry associations, in the ambit of the State of Minas Gerais;</font></p>
  </td>
 </tr>
</table>

<p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>


 <p style="margin:24.0pt 0pt .0001pt;punctuation-wrap:hanging;text-align:center;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">29</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>

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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">o)</font></p>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to conduct
  corporate management programs and environmental actions within the ambit of
  this Chief Officer&#146;s Department;</font></p>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">p)</font></p>
  </td>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to authorize
  initiation of administrative tender proceedings and proceedings for exemption
  or non-requirement for tenders, and the corresponding contracts, in amounts
  up to R$&nbsp;1,000,000.00 (one million Reais);</font></p>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">q)</font></p>
  </td>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to propose to
  the Chief Executive Officer, for submission to the Executive Board for
  approval, from among the employees of the company, appointments for the
  positions of sitting and substitute members of the Integrated Pro-Health
  Administration Committee;</font></p>
  </td>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">r)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to propose to
  the Chief Executive Officer, for submission to the Executive Board for
  approval, from among the employees of the company, the appointments of
  employees to the Union Negotiation Committee, and also the designation of
  their Coordinator;</font></p>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">s)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to present to
  the Executive Board the evaluations arising from the leadership succession
  development program implanted by the company, to provide support for the
  decisions of the Executive Board on the appointments of employees for
  management positions.</font></p>
  </td>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
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  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="570" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:427.4pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">V- To the Chief Distribution and Sales Officer:</font></p>
  </td>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to make
  continuous efforts on behalf of the quality of supply of energy to consumers
  that are directly linked to the company&#146;s distribution systems;</font></p>
  </td>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
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  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to prepare the
  planning of the company&#146;s distribution system;</font></p>
  </td>
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  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to manage the
  implementation of the distribution facilities, including preparation and
  execution of the project, construction and assembly;</font></p>
  </td>
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 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">d)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to operate and
  maintain the electricity distribution system and the associated supervision
  and remote control systems;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">e)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to manage the
  company&#146;s Work Safety Policy in the ambit of its activities;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">f)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to formulate and
  implement the policies for serving the consumer served by this Department;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">g)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to develop
  programs and actions with captive consumers with demand lower than 500 kW,
  with a view to the most efficient use of electricity;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">h)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to establish
  commercial relationships with and coordinate the sale of electricity and
  services to captive consumers with demand lower than 500 kW;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">i)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to carry out
  environmental programs and actions within the scope of this Chief Officer&#146;s
  Department;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">j)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to represent the
  company in the Brazilian Electricity Distributors&#146; Association (Abinee) and
  with other entities of the distribution sector;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">l)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to ensure the
  physical security of the distribution facilities, establishing policies and
  guidelines and managing the asset security of these facilities;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">m)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to seek
  continuous improvement of the processes of operation and maintenance, through
  the use of new technologies and methods that aim for improvement of quality
  and reduction of the cost of those activities.</font></p>
  </td>
 </tr>
</table>

<p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>


 <p style="margin:24.0pt 0pt .0001pt;punctuation-wrap:hanging;text-align:center;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">30</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;font-family:Times New Roman;margin-left:30.0pt;">
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><!-- SET mrlNoTableShading --><!-- SET mrlHTMLTableLeft --></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="570" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:427.4pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">VI &#150; To the Chief Energy Generation and Transmission
  Officer:</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to make
  continuous efforts on behalf of the quality of supply of electricity to
  consumers that are directly linked to the transmission system;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to prepare the
  planning of generation and transmission;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to operate and
  maintain the systems of generation and transmission and the associated
  systems of supervision and long-distance control;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">d)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to carry out
  environmental programs and actions within the scope of this Chief Officer&#146;s
  Department;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">e)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to develop and
  conduct hydro-meteorological activities of interest to the company;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">f)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to manage the operations
  arising from the interlinking of the company&#146;s electricity transmission
  system with those of other companies, and also the connection of agents to
  the company&#146;s basic network;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">g)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to represent the
  company in relations with the National System Operator (ONS), the Brazilian
  Association of Electricity Generators (Abragee), and the other entities
  representing the electricity generation and transmission sectors;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">h)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to manage the
  company&#146;s central laboratories and workshops;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">i)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to coordinate
  and put in place projects for refurbishment, modernization, improvement,
  reactivation and deactivation of the generation and transmission facilities;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">j)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to propose and
  implement measures that aim to ensure the connectivity of the various agents
  of the electricity sector, linked to the company&#146;s transmission system;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">l)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to ensure the
  physical security of the generation and transmission facilities, establishing
  policies and guidelines and managing the asset security of these facilities;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">m)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to manage the
  company&#146;s Work Safety Policy in the ambit of its activities;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">n)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to manage the
  implementation of expansion undertakings in generation, transmission and
  co-generation, arranging the planning, construction and assembly, and
  ensuring the physical and financial performance of these undertakings;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">o)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to provide
  technical support to the negotiations for making possible the undertakings
  for expansion of generation, transmission and co-generation, and to
  participate in the negotiation of documents of the consortia of entrepreneurs
  and special-purpose companies.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="570" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:427.4pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">VII &#150; To the Chief Trading Officer:</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to carry out
  research, studies and projections of interest to the company;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to coordinate
  the planning and execution of the purchase of electricity to serve the
  company&#146;s market and the sale of electricity coming from the company&#146;s own
  sources;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to coordinate
  the purchase and sale of electricity in its different forms and modalities,
  including importation, exportation and holdings in all the segments of
  markets specialized in energy;</font></p>
  </td>
 </tr>
</table>

<p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>


 <p style="margin:24.0pt 0pt .0001pt;punctuation-wrap:hanging;text-align:center;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">31</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;font-family:Times New Roman;margin-left:30.0pt;">
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><!-- SET mrlNoTableShading --><!-- SET mrlHTMLTableLeft --></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">d)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to coordinate
  the provision of services of intermediation of business related to the sale
  of electricity to any authorized agent;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">e)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to represent the
  company in the Electricity Trading Chamber (CCEE), taking responsibility for
  the transactions carried out in the ambit of the chamber, and to represent
  the company in relations with the other entities trading electricity;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">f)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to coordinate
  the establishment of the prices for purchase and sale of electricity, and to
  propose them to the Executive Board for approval;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">g)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to establish
  commercial relations with and coordinate the state of electricity and
  services to consumers, individually, or groups of consumers, served at
  voltages greater than or equal to 2.3kV and contracted demand greater than or
  equal to 500kW, and also business groups;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">h)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to identify,
  measure and manage the risks association with the trading of electricity;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">i)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to negotiate and
  manage the commercial transactions involved in transport and connection of
  any party accessing the distribution system;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">j)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to negotiate and
  manage the Contracts for Use of the Transmission System with the National
  System Operator (ONS) and for connection of the Distribution System to the
  transmission companies;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">l)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to manage the
  trading, in coordination with the Chief New Business Development Officer, of
  the company&#146;s carbon credits.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="570" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:427.4pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">VIII &#150; To the Chief New Business Development
  Officer:</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to arrange
  prospecting, analysis and development of new business of the company in the
  areas of generation, transmission and distribution of electricity, transport
  and gas distribution, and also in other activities directly or indirectly
  related with the company&#146;s objects;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to arrange for
  technical, economic-financial, and environmental feasibility studies of new
  business projects for the company, in coordination with the Chief Officers&#146;
  Departments related to the said businesses;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to coordinate
  the negotiations and implement the partnerships, consortia, special-purpose
  companies and other forms of association with public or private companies
  necessary for the development of new business, and also the negotiation of
  contracts and corporate documents of these projects;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">d)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to coordinate
  the participation of the company in tender proceedings for obtaining grant of
  concessions in all the areas of its operations;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">e)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to coordinate,
  evaluate and structure the opportunities for acquisition of new assets in the
  electricity sector and the sector of transport and distribution of gas;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">f)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to arrange for
  prospecting and analysis, within the company, of business opportunities
  related to the use of carbon credits;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">g)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to consolidate
  the planning of expansion of the generation, transmission and distribution
  systems;</font></p>
  </td>
 </tr>
</table>

<p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>


 <p style="margin:24.0pt 0pt .0001pt;punctuation-wrap:hanging;text-align:center;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">32</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;font-family:Times New Roman;margin-left:30.0pt;">
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><!-- SET mrlHTMLTableLeft --><!-- SET mrlNoTableShading --></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">h)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to consolidate
  the Capital Investment Program in the company&#146;s generation, transmission and
  distribution;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">i)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to represent the
  company in relations with the entities for planning of expansion of the
  electricity sector in its areas of operation;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">j)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to carry out environmental
  programs and actions within the scope of this Chief Officer&#146;s Department;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">l)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to accompany and participate in the energy planning
  of the State of Minas Gerais.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167;1 &#150;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The competencies of representation before technical
  and administrative bodies and associations granted to the Chief Officers
  under this Clause do not exclude the competency of representation of the
  Chief Executive Officer, nor the need for obedience to the provisions in
  these Bylaws in relation to prior obtaining of authorizations from the
  management bodies to contract obligations in the name of the company.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 2</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">As well as the exercise of the attributions herein
  specified and demanded by law, each Chief Officer&#146;s Department has the
  competency to ensure the cooperation, assistance and support of the other
  Chief Officer&#146;s Departments in the areas of their respective competencies,
  with the aim of success in the greater objectives and interests of the
  company.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 3</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The projects developed by the company in the area of
  the Chief New Business Development Officer&#146;s Department, once structured and
  constituted, should be assumed by the respective Chief Officer&#146;s Departments
  responsible for their construction, execution, operation and sales, as
  defined in these Bylaws.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 4</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">It is the competency of each Chief Officer, within
  the area of his operation, to arrange for the actions necessary for
  compliance with and effective implementation of the work safety policies
  approved by the company.&#148;;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">11)</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">To change Clause 25, to adjust the attributions of
  the Audit Board, permitting assumption of the attributions required by the
  Sarbanes-Oxley Law, as follows:</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Clause 25 &#150; The Audit Board has the attributions
  and competencies specified by the Corporate Law, and also, to the extent that
  they do not conflict with Brazilian legislation, those required by the laws
  of the countries in which the company&#146;s shares are listed and traded, in
  accordance with their regulations.&#148;;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">12)</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">To change the head paragraph of Clause 28, so that
  the Bylaws may govern distribution of profits or economic results to the
  employees and of profits to the managers, as follows:</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="30" valign="top" style="padding:0pt .7pt 0pt 0pt;width:22.8pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31" valign="top" style="padding:0pt .7pt 0pt 0pt;width:23.5pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.3pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="519" valign="top" style="padding:0pt .7pt 0pt 0pt;width:389.1pt;">
  <p style="margin:0pt 0pt .0001pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Clause 28 &#150; The following shall be deducted from
  the result for the business year before any other allocation of economic
  results: retained losses, the provision for income tax, the Social
  Contribution on Net Profit and, successively, the shares in economic results
  to which employees and managers are entitled.&#148;;</font></p>
  </td>
 </tr>
</table>

<p style="line-height:1.0pt;margin:0pt 0pt 12.0pt;punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other;"><font size="1" face="Times New Roman">&nbsp;</font></p>


 <p style="margin:24.0pt 0pt .0001pt;punctuation-wrap:hanging;text-align:center;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">33</font></p>
</div><br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
<div>


<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;font-family:Times New Roman;width:100.0%;">
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.26%;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;"><!-- SET mrlNoTableShading --></p>
  </td>
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.38%;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;"><!-- SET mrlNoTableShading -->13)</p>
  </td>
  <td width="85%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:85.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">To change the head paragraph and sub-paragraph 1 of
  Clause 29, to improve the drafting, as follows:</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="85%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:85.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="85%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:85.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Clause 29: The dividends shall be distributed in the
  following order:</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="85%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:85.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="5%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:5.96%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a)</font></p>
  </td>
  <td width="79%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:79.4%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The annual minimum dividend guaranteed to the
  preferred shares;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="5%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:5.96%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="79%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:79.4%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="5%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:5.96%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b)</font></p>
  </td>
  <td width="79%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:79.4%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The dividend for the common shares, up to a
  percentage equal to that guaranteed to the preferred shares.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="85%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:85.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">14)</font></p>
  </td>
  <td width="85%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:85.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">To exclude Sub-paragraphs 1 and 2 of Clause 30,
  which refer respectively to the competency of the Board of Directors to
  approve the Plan and to the Plan&#146;s content, since these repeat what is
  already stated in other provisions of the Bylaws (respectively: Clause 17,
  &#147;n&#148;; and Clause 11, Sub-paragraphs 2 and 4);</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="85%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:85.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">15)</font></p>
  </td>
  <td width="85%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:85.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">To insert new Clauses 32 and 33, as follows:</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="85%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:85.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="85%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:85.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Clause 32: The employees have the right to a share
  in the profits or results of the company, upon the criteria defined by the
  Executive Board based on the guidelines approved by the Board of Directors
  and limits set by the General Meeting of Stockholders, in accordance with the
  specific legislation.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="85%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:85.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="85%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:85.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Clause 33 &#150; It is the competency of the General
  Meeting of Stockholders to set, annually, the limits for sharing of the
  managers in the profits of the company, subject to the provisions of the sole
  sub-paragraph of Clause 190 of Law 6404 of December 15, 1976.&#148;;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="85%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:85.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">16)</font></p>
  </td>
  <td width="85%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:85.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">To renumber the former Clause 32, to be Clause 34;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="85%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:85.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">17)</font></p>
  </td>
  <td width="85%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:85.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">To renumber the former Clause 33 to be Clause 35,
  and to change its drafting, to introduce provision for the possibility of
  contracting of third party liability insurance for the company&#146;s managers, to
  the following drafting:</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="85%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:85.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="85%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:85.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Clause 35 &#150; The company shall provide to the
  members of the Board of Directors, the Audit Board and the Executive Board,
  defense in Court and/or administrative proceedings in which they are parties
  on the Plaintiff or Defendant side, during or after their periods of office,
  for actions or events related to the exercise of their specific functions and
  which do not violate legal provisions or the provisions of these Bylaws.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="85%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:85.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 1</font></p>
  </td>
  <td width="85%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:85.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The guarantee given in the head paragraph of this
  Clause extends to employees who legally carry out actions by delegation from
  the company&#146;s management officers.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="85%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:85.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 2</font></p>
  </td>
  <td width="85%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:85.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Company shall contract third-party liability
  insurance to cover expenses of proceedings, fees of counsel and indemnities
  arising from the legal and administrative proceedings referred to in the head
  paragraph of this Clause, upon decision by the Board of Directors.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="85%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:85.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167; 3 -</font></p>
  </td>
  <td width="85%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:85.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Any member of the Board of Directors or the Audit
  Board, or any Chief Officer or employee against whom a Court judgment subject
  to no further appeal is given must reimburse the company all the costs,
  expenses and losses caused to it.&#148;.</font></p>
  </td>
 </tr>
</table>

<p style="margin:0pt 0pt .0001pt 72.0pt;punctuation-wrap:simple;text-autospace:none;text-indent:-42.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>


 <p style="margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">34</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

<!-- SEQ.=1,FOLIO='34',FILE='C:\Fc\28955335861_P66482CHE_2459911\26434-1-bg.htm',USER='jmsproofassembler',CD='Oct 16 05:53 2007' -->
<br clear="all" style="page-break-before:always;">



<p style="margin:0pt 0pt 12.0pt 31.5pt;punctuation-wrap:simple;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">As can be seen, the purpose of this proposal is
to meet the legitimate interests of the stockholders and of the company, and
for this reason the Board of Directors hopes that it will be approved by you,
the stockholders.</font></p>

<h2 style="font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:avoid;text-indent:-42.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Belo Horizonte, July 26, 2007</font></h2>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;font-family:Times New Roman;width:100.0%;">
 <tr style="page-break-inside:avoid;">
  <td width="48%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:48.0%;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;"><!-- SET mrlNoTableShading -->Marcio Araujo de Lacerda</p>
  </td>
  <td width="2%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:2.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="49%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:49.26%;">
  <p style="margin:0pt 0pt .0001pt;"><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">Francelino Pereira dos Santos</font></u></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="48%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:48.0%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:2.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="49%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:49.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="48%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:48.0%;">
  <p style="margin:0pt 0pt .0001pt 40.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Chairman</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:2.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="49%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:49.26%;">
  <p style="margin:0pt 0pt .0001pt 40.0pt;text-indent:-10.0pt;"><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">Member</font></u></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="48%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:48.0%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:2.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="49%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:49.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="48%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:48.0%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Djalma Bastos de
  Morais</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:2.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="49%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:49.26%;">
  <p style="margin:0pt 0pt .0001pt;"><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">Maria Estela
  Kubitschek Lopes</font></u></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="48%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:48.0%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:2.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="49%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:49.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="48%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:48.0%;">
  <p style="margin:0pt 0pt .0001pt 40.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Vice-Chairman</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:2.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="49%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:49.26%;">
  <p style="margin:0pt 0pt .0001pt 40.0pt;text-indent:-10.0pt;"><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">Member</font></u></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="48%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:48.0%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:2.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="49%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:49.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="48%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:48.0%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">A&#233;cio Ferreira da Cunha</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:2.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="49%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:49.26%;">
  <p style="margin:0pt 0pt .0001pt;"><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">Wilson N&#233;lio
  Brumer</font></u></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="48%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:48.0%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:2.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="49%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:49.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="48%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:48.0%;">
  <p style="margin:0pt 0pt .0001pt 40.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Member</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:2.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="49%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:49.26%;">
  <p style="margin:0pt 0pt .0001pt 40.0pt;text-indent:-10.0pt;"><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">Member</font></u></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="48%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:48.0%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:2.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="49%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:49.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="48%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:48.0%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Alexandre
  Heringer Lisboa</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:2.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="49%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:49.26%;">
  <p style="margin:0pt 0pt .0001pt;"><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">Wilton de
  Medeiros Daher</font></u></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="48%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:48.0%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:2.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="49%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:49.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="48%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:48.0%;">
  <p style="margin:0pt 0pt .0001pt 40.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Member</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:2.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="49%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:49.26%;">
  <p style="margin:0pt 0pt .0001pt 40.0pt;text-indent:-10.0pt;"><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">Member</font></u></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="48%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:48.0%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:2.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="49%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:49.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="48%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:48.0%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Ant&#244;nio Adriano
  Silva</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:2.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="49%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:49.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="48%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:48.0%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:2.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="49%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:49.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="48%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:48.0%;">
  <p style="margin:0pt 0pt .0001pt 40.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Member</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:2.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="49%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:49.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table>

<p style="line-height:1.0pt;margin:0pt 0pt 12.0pt;"><font size="1" face="Times New Roman">&nbsp;</font></p>


 <p style="margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">35</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="font-weight:bold;margin:12.0pt 0pt;text-align:center;"><b><font size="5" face="Times New Roman"><img width="670" height="93" src="g264341bgi001.jpg"></font></b></p>

<p style="font-weight:bold;margin:12.0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">COMPANHIA ENERG&#201;TICA DE
MINAS GERAIS - CEMIG</font></b></p>

<p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">LISTED COMPANY</font></b></p>

<p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">CNPJ 17.155.730/0001-64 &#150; NIRE
31300040127</font></b></p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">EXTRAORDINARY
GENERAL MEETING OF STOCKHOLDERS</font></b></p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">CONVOCATION</font></b></p>

<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The stockholder
Companhia Energ&#233;tica de Minas Gerais is hereby called to an Extraordinary
General Meeting of Stockholders to be held on August 23, 2007 at 10 a.m. at the
company&#146;s head office, Avenida Barbacena 1200, 18th Floor, Minas Gerais,
Brazil, to decide on the following changes in the bylaws:</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;font-family:Times New Roman;width:100.0%;">
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><!-- SET mrlNoTableShading -->1-</p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Insertion of a second Sub-paragraph in Clause 1, to
  ensure participation by the controlling stockholder, the State of Minas
  Gerais, in the decisions of the wholly-owned subsidiaries and companies
  controlled by the company, with the following drafting, the existing Sole
  paragraph becoming Sub-paragraph 1.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2-</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Change in Sub-paragraphs 1, 2, 3, 4 and 5 of Clause
  11, and also in Sub-paragraphs 1 and 4 of Clause 12, to improve the drafting
  and for technical legal reasons.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3-</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Change in Clause 17 to define the attributions of
  the Board of Directors and to provide for the possibility of the Board of
  Directors delegating to the Executive Board the competency to authorize and
  sign contracts for the sale of electricity and the provision of distribution
  and transmission services.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4-</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Change in the header of Section II of Chapter IV to
  &#147;the Executive Board&#148;, to harmonize it with rest of the Bylaws, which always
  refer to that body by this name.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5-</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Change in the name of the Chief Finance, Holdings
  and Investor Relations Officer&#146;s Department.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6-</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Consequent change in the Head Paragraph of Clause
  18, as a result of the above-mentioned change in the name of the Chief
  Finance, Holdings and Investor Relations Officer&#146;s Department.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">7-</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Change in Paragraphs 3 and 4 of Clause 18 to improve
  the drafting and to re-define the competency of concession of annual paid
  leave of the Chief Officers, and to revoke the restriction on payment of time
  of leave not used.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8-</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Change in the Head Paragraph of Clause 19 and its
  first sub-paragraph to improve the drafting.</font></p>
  </td>
 </tr>
</table>


 <p style="margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">36</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="margin:0pt 0pt .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;font-family:Times New Roman;width:100.0%;">
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><!-- SET mrlNoTableShading -->9-</p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Change in Clause 21 to improve the drafting, to
  adjust the name of the Chief Finance, Holdings and Investor Relations
  Officer&#146;s Department and to define the attributions of the Executive Board.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10-</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Change in Clause 22 to define the attributions of
  the members of the Executive Board.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">11-</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Change in Clause 25, for better expression of the
  attributions of the Audit Board, permitting assumption of the attributions
  demanded by the Sarbanes-Oxley law.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">12-</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Change in the head paragraph of Clause 28, for tax
  optimization.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">13-</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Change in the head paragraph of Clause 29, to
  improve the drafting.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">14-</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Exclusion of paragraphs 1 and 2 of Clause 30, since
  the preparation of the Long-term Strategic Plan and its content is already
  included in the attributions of the Board of Directors.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">15-</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Insertion of new Clauses numbered 32, to ensure
  sharing by the employees in the companies&#146; profits or results, and 33, to
  establish that the General Meeting of Stockholders shall, annually, set
  limits to the sharing of the Managers in the profits of the company.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.48%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">16-</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Consequent re-numbering of the present Clauses 32 &#150;
  to be 34; and 33 &#150; to be 35; and their alteration to improve the drafting and
  to contain provision for the possibility of contracting of third party
  liability insurance for the Managers.</font></p>
  </td>
 </tr>
</table>

<p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Any stockholder
who wishes to be represented by proxy in this General Meeting should obey the
terms of Article 126 of Law 6406/76, as amended, and the sole paragraph of
Article 9 of the company&#146;s by-laws, by depositing, preferably by August 20,
2007, proofs of ownership of the shares, issued by a depositary financial
institution, and a power of attorney with special powers, at the office of the
General Secretariat of Cemig at Av. Barbacena 1,200 &#150; 19th floor, B1 wing, Belo
Horizonte, state of Minas Gerais, Brazil, or by showing the said proofs of
ownership at the time of the meeting.</font></p>

<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Belo Horizonte, July 26,
2007.</font></p>

<p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0pt 0pt .0001pt 9.0pt;text-align:left;text-indent:-9.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Marcio Ara&#250;jo de Lacerda</font></b></p>

<p style="margin:0pt 0pt 12.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Chairman of the Board of
Directors</font></b></p>


 <p style="margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">37</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman"><img width="670" height="93" src="g264341bgi001.jpg"></font></p>

<p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">COMPANHIA ENERG&#201;TICA DE MINAS
GERAIS &#150; CEMIG</font></b></p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">CNPJ
17.155.730/0001-64 &#150; NIRE 31300040127</font></b></p>

<p align="center" style="color:blue;margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;font-weight:bold;letter-spacing:-.2pt;">MINUTES OF EXTRAORDINARY GENERAL MEETING HELD ON AUGUST 23, 2007.</font></b></p>

<p align="left" style="font-weight:bold;margin:12.0pt 0pt;text-align:left;text-indent:56.7pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">On August 23, 2007, at 10
a.m., stockholders of Companhia Energ&#233;tica de Minas Gerais&nbsp;&#150;&nbsp;Cemig as
recorded in the Stockholders&#146; Attendance Book (where all signed and made the
required statements) attended for the Extraordinary General Meeting, at first
convocation, at Av. Barbacena 1200, 18</font></b><font size="1" face="Times New Roman" style="font-size:6.5pt;font-weight:normal;position:relative;top:-3.0pt;">th</font><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#160;floor, in Belo Horizonte, Minas Gerais State,
Brazil. The stockholder The State of Minas Gerais was represented by Mr. Marco
Ant&#244;nio Rebelo Romanelli, Joint General Attorney of the State, in accordance
with the legislation. Initially, Ms. Anamaria Pugedo Frade Barros,
Superintendent of Cemig&#146;s General Secretariat Office, stated that there was no
quorum for holding of the Extraordinary General Meeting, since stockholders
representing two-thirds of the shares carrying the right to vote were not
present; and that a new Extraordinary General Meeting would be called, by
second convocation, with the same agenda, at an appropriate time. There being
no further business, these minutes were written, debated, submitted to a vote,
and approved by those present. For the record, I, Anamaria Pugedo Frade Barros,
drafted and now sign these minutes together with the others.</font></p>


 <p style="margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">38</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="font-weight:bold;margin:12.0pt 0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-weight:normal;"><img width="670" height="83" src="g264341bgi002.jpg"></font></b></p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">CEMIG DISTRIBUI&#199;&#195;O S.A.</font></b></p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Listed company &#150; CNPJ 06.981.180/0001-16</font></b></p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Extraordinary General Meeting of Stockholders<br>
opened on August 23, 2007<br>
and resumed on September 12, 2007</font></b></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Extraordinary General
Meeting of Stockholders of <b>Cemig Distribui&#231;&#227;o
S.A. (&#147;Cemig</b>  <b>D&#148;)</b> begun
on August 23, 2007 and resumed on September 12, 2007 decided to adjourn its proceedings
since the changes to the Bylaws proposed to that meeting by the Board of
Directors reflect the Bylaws of <b>Companhia
Energ&#233;tica de Minas Gerais (&#147;Cemig&#148;), </b>and because<b>  </b>the Extraordinary General Meeting of
Stockholders of <b>Cemig </b>held to
decide on changes to the Bylaws, on 2</font><font size="1" style="font-size:6.5pt;position:relative;top:-3.0pt;">nd</font>&#160;convocation, has not yet been held.</p>

<p style="margin:0pt 0pt 12.0pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The proceedings of the
Extraordinary General Meeting of Stockholders of <b>Cemig D</b> are now scheduled to be resumed at 1 p.m. on October
17, 2007, for the purpose of making the Bylaws of <b>Cemig D</b> compatible with such changes to the Bylaws of <b>Cemig</b> as may be approved by the
stockholders of <b>Cemig</b>.</font></p>


 <p style="margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">39</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">CEMIG GERA&#199;&#195;O E TRANSMISS&#195;O S.A.</font></b></p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">CNPJ&#160;
06.981.176/0001-58 &#150; NIRE 31300020550</font></b></p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Extraordinary General Meeting of Stockholders<br>
opened on August 23, 2007<br>
and resumed on September 12, 2007</font></b></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Extraordinary General
Meeting of Stockholders of <b>Cemig Gera&#231;&#227;o e
Transmiss&#227;o S.A. (&#147;Cemig</b>  <b>GT&#148;)</b>
begun on August 23, 2007 and resumed on September 12, 2007 decided to adjourn
its proceedings since the changes to the Bylaws proposed to that meeting by the
Board of Directors reflect the Bylaws of <b>Companhia
Energ&#233;tica de Minas Gerais (&#147;Cemig&#148;), </b>and because<b>  </b>the Extraordinary General Meeting of
Stockholders of <b>Cemig </b>held to
decide on changes to the Bylaws, on 2</font><font size="1" style="font-size:6.5pt;position:relative;top:-3.0pt;">nd</font>&#160;convocation, has not yet been held.</p>

<p style="margin:0pt 3.4pt 12.0pt 0pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The proceedings of the Extraordinary General Meeting
of Stockholders of <b>Cemig GT</b> are
now scheduled to be resumed at 5 p.m. on October 17, 2007, for the purpose of
making the Bylaws of <b>Cemig GT</b>
compatible with such changes to the Bylaws of <b>Cemig</b>
as may be approved by the stockholders of <b>Cemig</b>.</font></p>


 <p style="margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">40</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="font-weight:bold;margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman"><img width="670" height="37" src="g264341bgi003.jpg"></font></b></p>

<p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-weight:bold;margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">COMPANHIA ENERG&#201;TICA DE MINAS GERAIS - CEMIG</font></b></p>

<p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">LISTED COMPANY</font></b></p>

<p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">CNPJ 17.155.730/0001-64 &#150; NIRE
31300040127</font></b></p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">EXTRAORDINARY
GENERAL MEETING OF STOCKHOLDERS</font></b></p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SECOND
CONVOCATION</font></b></p>

<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The stockholder
Companhia Energ&#233;tica de Minas Gerais is hereby called to an Extraordinary
General Meeting of Stockholders, in second convocacion, to be held on October
17, 2007 at 10:30 a.m. at the company&#146;s head office, Avenida Barbacena 1200,
18th Floor, Minas Gerais, Brazil, to decide on the following changes in the
bylaws:</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;font-family:Times New Roman;width:100.0%;">
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.84%;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><!-- SET mrlNoTableShading -->1-</p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Insertion of a second Sub-paragraph in Clause 1, to
  ensure participation by the controlling stockholder, the State of Minas
  Gerais, in the decisions of the wholly-owned subsidiaries and companies
  controlled by the company, with the following drafting, the existing Sole
  paragraph becoming Sub-paragraph 1.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.84%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.84%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2-</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Change in Sub-paragraphs 1, 2, 3, 4 and 5 of Clause
  11, and also in Sub-paragraphs 1 and 4 of Clause 12, to improve the drafting
  and for technical legal reasons.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.84%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.84%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3-</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Change in Clause 17 to define the attributions of
  the Board of Directors and to provide for the possibility of the Board of
  Directors delegating to the Executive Board the competency to authorize and
  sign contracts for the sale of electricity and the provision of distribution
  and transmission services.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.84%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.84%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4-</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Change in the header of Section II of Chapter IV to
  &#147;the Executive Board&#148;, to harmonize it with rest of the Bylaws, which always
  refer to that body by this name.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.84%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.84%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5-</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Change in the name of the Chief Finance, Holdings
  and Investor Relations Officer&#146;s Department.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.84%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.84%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6-</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Consequent change in the Head Paragraph of Clause
  18, as a result of the above-mentioned change in the name of the Chief
  Finance, Holdings and Investor Relations Officer&#146;s Department.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.84%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.84%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">7-</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Change in Paragraphs 3 and 4 of Clause 18 to improve
  the drafting and to re-define the competency of concession of annual paid
  leave of the Chief Officers, and to revoke the restriction on payment of time
  of leave not used.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.84%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.84%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8-</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Change in the Head Paragraph of Clause 19 and its
  first sub-paragraph to improve the drafting.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.84%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.84%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">9-</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Change in Clause 21 to improve the drafting, to
  adjust the name of the Chief Finance, Holdings and Investor Relations
  Officer&#146;s Department and to define the attributions of the Executive Board.</font></p>
  </td>
 </tr>
</table>

<p style="color:blue;margin:0pt 0pt .0001pt 36.0pt;text-indent:-18.0pt;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p>


 <p style="margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">41</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">



<p style="margin:0pt 0pt .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;font-family:Times New Roman;width:100.0%;">
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.72%;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><!-- SET mrlNoTableShading -->10-</p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Change in Clause 22 to define the attributions of
  the members of the Executive Board.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.72%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.72%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">11-</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Change in Clause 25, for better expression of the
  attributions of the Audit Board, permitting assumption of the attributions
  demanded by the Sarbanes-Oxley law.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.72%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.72%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">12-</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Change in the head paragraph of Clause 28, for tax
  optimization.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.72%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.72%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">13-</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Change in the head paragraph of Clause 29, to
  improve the drafting.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.72%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.72%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">14-</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Exclusion of paragraphs 1 and 2 of Clause 30, since
  the preparation of the Long-term Strategic Plan and its content is already
  included in the attributions of the Board of Directors.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.72%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.72%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">15-</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Insertion of new Clauses numbered 32, to ensure
  sharing by the employees in the companies&#146; profits or results, and 33, to
  establish that the General Meeting of Stockholders shall, annually, set
  limits to the sharing of the Managers in the profits of the company.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.72%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="7%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.72%;">
  <p style="margin:0pt 0pt .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">16-</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:92.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Consequent re-numbering of the present Clauses 32 &#150;
  to be 34; and 33 &#150; to be 35; and their alteration to improve the drafting and
  to contain provision for the possibility of contracting of third party
  liability insurance for the Managers.</font></p>
  </td>
 </tr>
</table>

<p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Any stockholder
who wishes to be represented by proxy in this General Meeting should obey the
terms of Article 126 of Law 6406/76, as amended, and the sole paragraph of
Article 9 of the company&#146;s by-laws, by depositing, preferably by October 15,
2007, proofs of ownership of the shares, issued by a depositary financial institution,
and a power of attorney with special powers, at the office of the General
Secretariat of Cemig at Av. Barbacena 1,200 &#150; 19th floor, B1 wing, Belo
Horizonte, state of Minas Gerais, Brazil, or by showing the said proofs of
ownership at the time of the meeting.</font></p>

<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Belo Horizonte, October
02, 2007.</font></p>

<p align="left" style="margin:0pt 0pt .0001pt 9.0pt;text-align:left;text-indent:-9.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Marcio Ara&#250;jo de Lacerda</font></b></p>

<p style="margin:0pt 0pt 12.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Chairman of the Board of
Directors</font></b></p>


 <p style="margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">42</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">SIGNATURES</font></p>

<p style="margin:0pt 0pt 24.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;font-family:Times New Roman;width:100.0%;">
 <tr style="page-break-inside:avoid;">
  <td width="49%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:49.96%;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;"><!-- SET mrlNoTableShading --></p>
  </td>
  <td width="50%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:50.04%;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;"><!-- SET mrlNoTableShading -->COMPANHIA ENERGETICA DE
  MINAS<br>
  GERAIS &#150; CEMIG</p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="49%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:49.96%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:3.82%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="46%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.22%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="49%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:49.96%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:3.82%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="46%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.22%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="49%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:49.96%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:3.82%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="30%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:30.76%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ Luiz
  Fernando Rolla</font></p>
  </td>
  <td width="15%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:15.46%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="49%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:49.96%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:3.82%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.44%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Name:</font></p>
  </td>
  <td width="39%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:39.78%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Luiz Fernando Rolla</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="49%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:49.96%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:3.82%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.44%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title:</font></p>
  </td>
  <td width="39%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:39.78%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Chief Financial Officer and Investor<br>
  Relations Officer</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="49%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:49.96%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="1" face="Times New Roman" style="font-size:3.0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:3.82%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.44%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="39%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:39.78%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="49%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:49.96%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Date: October
  16, 2007</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:3.82%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
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  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
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  <td width="116" style="border:none;"></td>
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<p style="line-height:1.0pt;margin:0pt 0pt 12.0pt;"><font size="1" face="Times New Roman">&nbsp;</font></p>


 <p style="margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">43</font></p>
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`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
