-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 OgTgIk6FrRuZBqR5eCQXy+G3bb0YkFxHhS/J8Dec/tT4UgDPtimw2glP00angjGP
 2Z246y8jYdRCCOhQb9lo5Q==

<SEC-DOCUMENT>0001104659-08-048576.txt : 20080730
<SEC-HEADER>0001104659-08-048576.hdr.sgml : 20080730
<ACCEPTANCE-DATETIME>20080730145835
ACCESSION NUMBER:		0001104659-08-048576
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		12
CONFORMED PERIOD OF REPORT:	20080728
FILED AS OF DATE:		20080730
DATE AS OF CHANGE:		20080730

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:		08978601

	BUSINESS ADDRESS:	
		STREET 1:		AVENIDA BARBACENA 1200
		STREET 2:		30190 131 BELO HORIZONTE
		CITY:			MINAS GERAIS BRAZIL
		STATE:			D5
		ZIP:			30190
		BUSINESS PHONE:		212-530-5100

	MAIL ADDRESS:	
		STREET 1:		C/O MILBANK, TWEED, HADLEY & MCCLOY LLP
		STREET 2:		1 CHASE MANHATTAN PLAZA
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10005
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>a08-19992_16k.htm
<DESCRIPTION>6-K
<TEXT>

<html>

<head>





</head>

<body lang="EN-US">

<div style="font-family:Times New Roman;">

<div style="border-bottom:solid windowtext 1.0pt;border-left:none;border-right:none;border-top:solid windowtext 3.0pt;padding:1.0pt 0in 1.0pt 0in;">

<p style="border:none;margin:0in 0in .0001pt;padding:0in;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>

</div>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">FORM&nbsp;6-K</font></b></p>

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

<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">SECURITIES AND EXCHANGE
COMMISSION<br>
</font>WASHINGTON, D.C.&#160; 20549</b></p>

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

<p align="center" style="margin:0in 0in .0001pt;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 13a-16 OR 15d-16 OF<br>
THE SECURITIES EXCHANGE ACT OF 1934</font></b></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">For the month of July&nbsp;2008</font></b></p>

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

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

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

<p style="color:#000033;margin:0in 0in .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:0in 0in .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:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Address of Principal
Executive Offices)</font></p>

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

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

<p style="margin:0in 0in .0001pt;"><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&nbsp;20-F or Form&nbsp;40-F.</font></p>

<p style="margin:0in 0in .0001pt;"><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;width:100.0%;">
 <tr>
  <td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.78%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="bottom" style="padding:0in 0in 0in 0in;width:92.22%;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Form&nbsp;20-F &nbsp;</font><font face="Wingdings">x</font>&nbsp;&nbsp;
  Form&nbsp;40-F&nbsp;<font face="Wingdings">o</font></p>
  </td>
 </tr>
</table>

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

<p style="color:#000033;font-size:10.0pt;margin:0in 0in .0001pt;"><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&nbsp;6-K in paper as permitted by Regulation S-T Rule&nbsp;101(b)(1):&nbsp;</font><font color="black" face="Wingdings" style="color:windowtext;">o</font></p><p style="color:#000033;margin:0in 0in .0001pt;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p><p style="color:#000033;font-size:10.0pt;margin:0in 0in .0001pt;"><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&nbsp;6-K in paper as permitted by Regulation S-T Rule&nbsp;101(b)(7):&nbsp;</font><font color="black" face="Wingdings" style="color:windowtext;">o</font></p>

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

<p style="margin:0in 0in .0001pt;"><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&nbsp;12g3-2(b)&nbsp;under the Securities Exchange
Act of 1934.</font></p>

<p style="margin:0in 0in .0001pt;"><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;width:100.0%;">
 <tr>
  <td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.78%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="bottom" style="padding:0in 0in 0in 0in;width:92.22%;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Yes&nbsp;&nbsp;</font><font face="Wingdings">o</font>
  &nbsp;&nbsp;&nbsp; No &nbsp;&nbsp;<font face="Wingdings">x</font></p>
  </td>
 </tr>
</table>

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

<p style="margin:0in 0in .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&nbsp;12g3-2(b):&#160; N/A</font></p>

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

<div style="border-bottom:solid windowtext 3.0pt;border-left:none;border-right:none;border-top:solid windowtext 1.0pt;padding:1.0pt 0in 1.0pt 0in;">

<p style="border:none;margin:0in 0in .0001pt;padding:0in;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>

</div>

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

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-01.htm',USER='jtaylora',CD='Jul 30 14:38 2008' -->


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


<div>

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

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

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

<p style="margin:0in 0in .0001pt;text-indent:.5in;"><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>

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

<p style="margin:0in 0in .0001pt;"><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;width:100.0%;">
 <tr>
  <td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.84%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="50%" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:50.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">COMPANHIA ENERGETICA DE
  MINAS<br>
  GERAIS &#150; CEMIG</font></p>
  </td>
 </tr>
 <tr>
  <td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.84%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="50%" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:50.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.84%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="50%" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:50.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.84%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.08%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="46%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:46.08%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp; /s/ Luiz Fernando
  Rolla</font></p>
  </td>
 </tr>
 <tr>
  <td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.84%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.08%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:6.08%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Name:</font></p>
  </td>
  <td width="40%" valign="top" style="border:none;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:40.0%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Luiz Fernando Rolla</font></p>
  </td>
 </tr>
 <tr>
  <td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.84%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.08%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0in 0in 0in 0in;width:6.08%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title:</font></p>
  </td>
  <td width="40%" valign="top" style="padding:0in 0in 0in 0in;width:40.0%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Chief Financial Officer,<br>
  Investor Relations Officer and<br>
  Control of Holdings Officer</font></p>
  </td>
 </tr>
 <tr>
  <td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.84%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="50%" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:50.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.84%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Date: July&nbsp;30, 2008</font></p>
  </td>
  <td width="50%" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:50.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table>

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

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

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='2',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-01.htm',USER='jtaylora',CD='Jul 30 14:38 2008' -->


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


<div style="font-family:Times New Roman;">

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

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

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

<table border="0" cellspacing="0" cellpadding="0" width="99%" style="border-collapse:collapse;width:99.64%;">
 <tr>
  <td width="4%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;font-weight:bold;">Item</font></b></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:1.74%;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="94%" colspan="2" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:94.16%;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;font-weight:bold;">Description of Item</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="border:none;padding:0in .7pt 0in .7pt;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:1.74%;">
  <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="2" valign="top" style="border:none;padding:0in .7pt 0in .7pt;width:94.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1.</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:1.74%;">
  <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="2" valign="top" style="padding:0in .7pt 0in .7pt;width:94.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Summary of Minutes of the 435th Meeting of the Board
  of Directors, Companhia Energ&#233;tica de Minas Gerais, June&nbsp;26, 2008</font></p>
  </td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:1.74%;">
  <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="2" valign="top" style="padding:0in .7pt 0in .7pt;width:94.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2.</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:1.74%;">
  <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="2" valign="top" style="padding:0in .7pt 0in .7pt;width:94.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Summary of Minutes of the 72nd Meeting of the Board
  of Directors, Cemig Distribui&#231;&#227;o S.A., June&nbsp;26, 2008</font></p>
  </td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:1.74%;">
  <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="2" valign="top" style="padding:0in .7pt 0in .7pt;width:94.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:1.74%;">
  <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="2" valign="top" style="padding:0in .7pt 0in .7pt;width:94.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Summary of Minutes of the 70th Meeting of the Board
  of Directors, Cemig Gera&#231;&#227;o e Transmiss&#227;o S.A., June&nbsp;26, 2008</font></p>
  </td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:1.74%;">
  <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="2" valign="top" style="padding:0in .7pt 0in .7pt;width:94.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4.</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:1.74%;">
  <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="2" valign="top" style="padding:0in .7pt 0in .7pt;width:94.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Summary of Minutes of the 436th Meeting of the Board
  of Directors, Companhia Energ&#233;tica de Minas Gerais, July&nbsp;3, 2008</font></p>
  </td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:1.74%;">
  <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="2" valign="top" style="padding:0in .7pt 0in .7pt;width:94.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5.</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:1.74%;">
  <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="2" valign="top" style="padding:0in .7pt 0in .7pt;width:94.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Summary of Minutes of the 71st Meeting of the Board
  of Directors, Cemig Gera&#231;&#227;o e Transmiss&#227;o S.A., July&nbsp;3, 2008</font></p>
  </td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:1.74%;">
  <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="2" valign="top" style="padding:0in .7pt 0in .7pt;width:94.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6.</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:1.74%;">
  <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="2" valign="top" style="padding:0in .7pt 0in .7pt;width:94.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Market Announcement, Companhia Energ&#233;tica de Minas
  Gerais, July&nbsp;4, 2008</font></p>
  </td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:1.74%;">
  <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="2" valign="top" style="padding:0in .7pt 0in .7pt;width:94.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">7.</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:1.74%;">
  <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="2" valign="top" style="padding:0in .7pt 0in .7pt;width:94.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Summary of Minutes of the 437th Meeting of the Board
  of Directors, Companhia Energ&#233;tica de Minas Gerais, July&nbsp;18, 2008</font></p>
  </td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:1.74%;">
  <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="2" valign="top" style="padding:0in .7pt 0in .7pt;width:94.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8.</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:1.74%;">
  <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="2" valign="top" style="padding:0in .7pt 0in .7pt;width:94.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Summary of Minutes of the 73rd Meeting of the Board
  of Directors, Cemig Distribui&#231;&#227;o S.A., July&nbsp;18, 2008</font></p>
  </td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:1.74%;">
  <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="2" valign="top" style="padding:0in .7pt 0in .7pt;width:94.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">9.</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:1.74%;">
  <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="2" valign="top" style="padding:0in .7pt 0in .7pt;width:94.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Summary of Minutes of the 72nd Meeting of the Board
  of Directors, Cemig Gera&#231;&#227;o e Transmiss&#227;o S.A., July&nbsp;18, 2008</font></p>
  </td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:1.74%;">
  <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="2" valign="top" style="padding:0in .7pt 0in .7pt;width:94.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10.</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.74%;">
  <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%" valign="top" style="padding:0in 0in 0in 0in;width:94.06%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Summary of Minutes of the 60th Meeting of the Board
  of Directors, Cemig Gera&#231;&#227;o e Transmiss&#227;o S.A., December 19, 2007</font></p>
  </td>
  <td width="0%" style="border:none;font-size:1.0pt;padding:0in 0in 0in 0in;"><p style="margin:0in 0in .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.74%;">
  <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%" valign="top" style="padding:0in 0in 0in 0in;width:94.06%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="0%" style="border:none;font-size:10.0pt;padding:0in 0in 0in 0in;"><p style="margin:0in 0in .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">11.</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.74%;">
  <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%" valign="top" style="padding:0in 0in 0in 0in;width:94.06%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Summary of Minutes of the 63rd Meeting of the Board
  of Directors, Cemig Gera&#231;&#227;o e Transmiss&#227;o S.A., February 14, 2008</font></p>
  </td>
  <td width="0%" style="border:none;font-size:1.0pt;padding:0in 0in 0in 0in;"><p style="margin:0in 0in .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.74%;">
  <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%" valign="top" style="padding:0in 0in 0in 0in;width:94.06%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="0%" style="border:none;font-size:10.0pt;padding:0in 0in 0in 0in;"><p style="margin:0in 0in .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">12.</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.74%;">
  <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%" valign="top" style="padding:0in 0in 0in 0in;width:94.06%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Summary of Minutes of the 430th Meeting of the Board
  of Directors, Companhia Energ&#233;tica de Minas Gerais, April 24, 2008</font></p>
  </td>
  <td width="0%" style="border:none;font-size:1.0pt;padding:0in 0in 0in 0in;"><p style="margin:0in 0in .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.74%;">
  <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%" valign="top" style="padding:0in 0in 0in 0in;width:94.06%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="0%" style="border:none;font-size:10.0pt;padding:0in 0in 0in 0in;"><p style="margin:0in 0in .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">13.</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.74%;">
  <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%" valign="top" style="padding:0in 0in 0in 0in;width:94.06%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Summary of Minutes of the 68th Meeting of the Board
  of Directors, Cemig Distribui&#231;&#227;o S.A., April 24, 2008</font></p>
  </td>
  <td width="0%" style="border:none;font-size:1.0pt;padding:0in 0in 0in 0in;"><p style="margin:0in 0in .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.74%;">
  <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%" valign="top" style="padding:0in 0in 0in 0in;width:94.06%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="0%" style="border:none;font-size:10.0pt;padding:0in 0in 0in 0in;"><p style="margin:0in 0in .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">14.</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.74%;">
  <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%" valign="top" style="padding:0in 0in 0in 0in;width:94.06%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Summary of Minutes of the 431st Meeting of the Board
  of Directors, Companhia Energ&#233;tica de Minas Gerais, May 8, 2008</font></p>
  </td>
  <td width="0%" style="border:none;font-size:1.0pt;padding:0in 0in 0in 0in;"><p style="margin:0in 0in .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.74%;">
  <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%" valign="top" style="padding:0in 0in 0in 0in;width:94.06%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="0%" style="border:none;font-size:10.0pt;padding:0in 0in 0in 0in;"><p style="margin:0in 0in .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">15.</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.74%;">
  <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%" valign="top" style="padding:0in 0in 0in 0in;width:94.06%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Summary of Minutes of the 432nd Meeting of the Board
  of Directors, Companhia Energ&#233;tica de Minas Gerais, May 13, 2008</font></p>
  </td>
  <td width="0%" style="border:none;font-size:1.0pt;padding:0in 0in 0in 0in;"><p style="margin:0in 0in .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.74%;">
  <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%" valign="top" style="padding:0in 0in 0in 0in;width:94.06%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="0%" style="border:none;font-size:10.0pt;padding:0in 0in 0in 0in;"><p style="margin:0in 0in .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.1%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">16.</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.74%;">
  <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%" valign="top" style="padding:0in 0in 0in 0in;width:94.06%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Summary of Minutes of the 433rd Meeting of the Board
  of Directors, Companhia Energ&#233;tica de Minas Gerais, May 15, 2008</font></p>
  </td>
  <td width="0%" style="border:none;font-size:1.0pt;padding:0in 0in 0in 0in;"><p style="margin:0in 0in .0001pt;">&nbsp;</p></td>
 </tr>
</table>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='3',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-01.htm',USER='jtaylora',CD='Jul 30 14:38 2008' -->



<br clear="all" style="page-break-before:always;">
<div style="font-family:Times New Roman;">

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt 1.0in;text-indent:-1.0in;"><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;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#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>Summary
of Minutes of the 435th Meeting of the Board of Directors, Companhia Energ&#233;tica
de Minas Gerais, June&nbsp;26, 2008</p>

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

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

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='4',FILE='C:\JMS\105731\08-19992-1\task3048392\19992-1-ba-03.htm',USER='105731',CD='Jul 26 15:19 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p style="margin:0in 0in .0001pt 1.0in;text-indent:-1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman"><img width="576" height="38" src="g199921ba03i001.jpg"></font></p>

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

<p align="center" style="margin:0in 0in .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<br>
Listed company<br>
CNPJ N&#176; 17.155.730/0001-64<br>
NIRE 31300040127</font></b></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SUMMARY OF MINUTES OF THE 435<sup>th</sup> MEETING OF THE
BOARD OF DIRECTORS</font></b></p>

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

<p style="margin:0in 0in .0001pt .05in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">At its meeting held on June&nbsp;26, 2008, the Board
of Directors of Companhia Energ&#233;tica de Minas Gerais approved the following
matters:</font></p>

<p style="margin:0in 0in .0001pt .05in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .6in;text-indent:-.25in;"><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; </font>Signing of the
third amendment to the Debt Assumption Undertaking signed as a private
instrument of agreement on reserves to be amortized between Cemig, Cemig D,
Cemig GT and Forluz.</p>

<p style="margin:0in 0in .0001pt .6in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .6in;text-indent:-.25in;"><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; </font>Signing of the
fifth amendment to the Debt Assumption Undertaking signed as a private instrument
of agreement on reserves to be amortized between Cemig, Cemig D, Cemig GT and
Forluz.</p>

<p style="margin:0in 0in .0001pt .6in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .6in;text-indent:-.25in;"><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; </font>Contracting of
corporate digital cellular telephony services.</p>

<p style="margin:0in 0in .0001pt .6in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .6in;text-indent:-.25in;"><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; </font>Signing of a
technical-scientific cooperation working agreement with Cemig Distribui&#231;&#227;o S.A.
and Axxiom Solu&#231;&#245;es Tecnol&#243;gicas S.A.</p>

<p style="margin:0in 0in .0001pt .6in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .6in;text-indent:-.25in;"><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; </font>Orientation of
votes in extraordinary General Meetings of Stockholders of Axxiom Solu&#231;&#245;es
Tecnol&#243;gicas S.A.</p>

<p style="margin:0in 0in .0001pt .6in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .6in;text-indent:-.25in;"><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; </font>Increase of capital
and orientation of vote in the ordinary and extraordinary General Meetings of
Stockholders of Central Hidrel&#233;trica Pai Joaquim S.A.</p>

<p style="margin:0in 0in .0001pt .6in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .6in;text-indent:-.25in;"><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; </font>Increase of capital
and orientation of vote in the Extraordinary General Meeting of Stockholders of
Empresa Efficientia S.A.</p>

<p style="margin:0in 0in .0001pt .6in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .6in;text-indent:-.25in;"><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; </font>Signing of a
memorandum of agreement with Light S.A.</p>

<p style="margin:0in 0in .0001pt .6in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .6in;text-indent:-.25in;"><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; </font>Signing of the first
amendment to the concession contract for provision of public electricity
transmission service.</p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Av.Barbacena 1200, Santo
Agostinho, 30190-131 Belo Horizonte, MG, Brazil. Tel.: +55-31 3506-5024. Fax:
+55-31 3506-5025</font></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='5',FILE='C:\JMS\105731\08-19992-1\task3048392\19992-1-ba-03.htm',USER='105731',CD='Jul 26 15:19 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt 1.0in;text-indent:-1.0in;"><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;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#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>Summary
of Minutes of the 72nd Meeting of the Board of Directors, Cemig Distribui&#231;&#227;o
S.A., June&nbsp;26, 2008</p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='6',FILE='C:\JMS\105731\08-19992-1\task3048392\19992-1-ba-03.htm',USER='105731',CD='Jul 26 15:19 2008' -->


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


<div style="font-family:Times New Roman;">

<p style="margin:0in 0in .0001pt 1.0in;text-indent:-1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .1in;"><font size="2" face="Times New Roman"><img width="125" height="54" src="g199921ba03i002.jpg"></font></p>

<p style="margin:0in 0in .0001pt .1in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

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

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">CNPJ N&#176; 06.981.180/0001-16</font></b></p>

<p style="margin:0in 0in .0001pt 1.85in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

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

<p style="margin:0in 0in .0001pt 1.6in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">At its 72<sup>nd</sup> meeting, held on June&nbsp;26, 2008, the Board
of Directors of Cemig Distribui&#231;&#227;o S.A. approved the following:</font></p>

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt .55in;text-indent:-.25in;"><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; </font>Annual
Social-Environmental Report of the Electricity Companies.</p>

<p style="margin:0in 0in .0001pt .55in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .3in;"><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; </font>Signing
of a contract for financing and grant of subsidy with Eletrobr&#225;s.</p>

<p style="margin:0in 0in .0001pt .3in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .55in;text-indent:-.25in;"><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; </font>Signing of a
contract for use of the distribution system &#150; temporary access &#150; with Usina
Termel&#233;trica Barreiro S.A.</p>

<p style="margin:0in 0in .0001pt .55in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .55in;text-indent:-.25in;"><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; </font>Signing of a
contract for use of the distribution system and contract for connection to the
distribution system with Usina Termel&#233;trica Barreiro S.A.</p>

<p style="margin:0in 0in .0001pt .55in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .55in;text-indent:-.25in;"><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; </font>Signing of
contracts for connection to and use of the distribution system with Horizontes
Energia S.A.</p>

<p style="margin:0in 0in .0001pt .55in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .55in;text-indent:-.25in;"><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; </font>Contracting of
services for printing of electricity bills and other documents.</p>

<p style="margin:0in 0in .0001pt .55in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .55in;text-indent:-.25in;"><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; </font>Contracting of
conservation, cleaning and other services.</p>

<p style="margin:0in 0in .0001pt .55in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .55in;text-indent:-.25in;"><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; </font>Signing of the
third amendment to the Debt Assumption Undertaking signed as a private
instrument of agreement on reserves to be amortized between Cemig, Cemig D,
Cemig GT and Forluz.</p>

<p style="margin:0in 0in .0001pt .55in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .55in;text-indent:-.25in;"><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; </font>Signing of the fifth
amendment to the Debt Assumption Undertaking signed as a private instrument of
agreement on reserves to be amortized between Cemig, Cemig D, Cemig GT and
Forluz.</p>

<p style="margin:0in 0in .0001pt .55in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .55in;text-indent:-.25in;"><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; </font>Contracting of corporate
digital cellular telephony services.</p>

<p style="margin:0in 0in .0001pt .55in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .55in;text-indent:-.25in;"><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; </font>Signing of a technical-scientific
co-operation working agreement with Companhia Energ&#233;tica de Minas Gerais and
Axxiom Solu&#231;&#245;es Tecnol&#243;gicos S.A.</p>

<p style="margin:0in 0in .0001pt .55in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .55in;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;&#160; </font>Signing of technical and
financial cooperation working agreement with Codemig (Minas Gerais State
Development Company &#150; <i>Companhia de
Desenvolvimento do Estado de Minas Gerais</i>).</p>

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

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Cemig General Secretariat &#150; SG</font></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">7</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='7',FILE='C:\JMS\105731\08-19992-1\task3048392\19992-1-ba-03.htm',USER='105731',CD='Jul 26 15:19 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt .55in;text-indent:-.25in;"><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; </font>Signing of a technical
and financial cooperation working agreement with the Minas Gerais State Public
Works Department (Setop/MG) and the Minas Gerais State Highways Department
(DER/Minas Gerais).</p>

<p style="margin:0in 0in .0001pt .55in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .55in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">14.</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Signing of a contract for
development of low platform and mainframe services.</p>

<p style="margin:0in 0in .0001pt .55in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .55in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">15.</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Project for maintenance
of the measurement system in 2008.</p>

<p style="margin:0in 0in .0001pt .55in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .55in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">16.</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Project for connection of
the PCHs of the Guanh&#227;es Special Purpose Company to the distribution system.</p>

<p style="margin:0in 0in .0001pt .55in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .55in;text-indent:-.25in;"><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; </font>Project for integration
of the Pirapora 2 substation into the distribution system.</p>

<p style="margin:0in 0in .0001pt .55in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .55in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">18.</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Project for strengthening
of sub-transmission for the region of Sete Lagoas in Minas Gerais State.</p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='8',FILE='C:\JMS\105731\08-19992-1\task3048392\19992-1-ba-03.htm',USER='105731',CD='Jul 26 15:19 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt 1.0in;text-indent:-1.0in;"><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;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#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>Summary
of Minutes of the 70th Meeting of the Board of Directors, Cemig Gera&#231;&#227;o e
Transmiss&#227;o S.A., June&nbsp;26, 2008</p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">9</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='9',FILE='C:\JMS\105731\08-19992-1\task3048392\19992-1-ba-03.htm',USER='105731',CD='Jul 26 15:19 2008' -->


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


<div style="font-family:Times New Roman;">

<p style="margin:0in 0in .0001pt 1.0in;text-indent:-1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .15in;"><font size="2" face="Times New Roman"><img width="133" height="56" src="g199921ba03i003.jpg"></font></p>

<p style="margin:0in 0in .0001pt .15in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Listed company &#150; CNPJ 06.981.176/0001-58</font></b></p>

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

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

<p style="margin:0in 0in .0001pt .15in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">At its 70th meeting, held on June&nbsp;26, 2008, the Board of Directors
of Cemig Gera&#231;&#227;o e Transmiss&#227;o S.A. approved the following:</font></p>

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt .55in;text-indent:-.25in;"><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; </font>Contracting of
financing to carry out feasibility studies for areas of hydroelectric
potential.</p>

<p style="margin:0in 0in .0001pt .55in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .55in;text-indent:-.25in;"><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; </font>Sign of a
co-operation working agreement with Fadetec and Horizontes Energia S.A.</p>

<p style="margin:0in 0in .0001pt .55in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .55in;text-indent:-.25in;"><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; </font>Transaction for
operational leasing of an aircraft.</p>

<p style="margin:0in 0in .0001pt .55in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .55in;text-indent:-.25in;"><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; </font>Contracting of
corporate digital cellular telephony services.</p>

<p style="margin:0in 0in .0001pt .55in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .55in;text-indent:-.25in;"><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; </font>Signing of the
third amendment to the Debt Assumption Undertaking signed as a private
instrument of agreement on reserves to be amortized between Cemig, Cemig D,
Cemig GT and Forluz.</p>

<p style="margin:0in 0in .0001pt .55in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .55in;text-indent:-.25in;"><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; </font>Signing of the
fifth amendment to the Debt Assumption Undertaking signed as a private
instrument of agreement on reserves to be amortized between Cemig, Cemig D,
Cemig GT and Forluz.</p>

<p style="margin:0in 0in .0001pt .55in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .55in;text-indent:-.25in;"><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; </font>Signing of the
first amendment to a concession contract for provision of public electricity
transmission service.</p>

<p style="margin:0in 0in .0001pt .55in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .55in;text-indent:-.25in;"><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; </font>The signing of the
first Amendment to a contract to grant non-remunerated use of real estate
properties with the Minas Gerais State Forestry Institute (IEF).</p>

<p style="margin:0in 0in .0001pt .55in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .55in;text-indent:-.25in;"><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; </font>Signing of a
contract for development of low platform and mainframe services.</p>

<p style="margin:0in 0in .0001pt .55in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .55in;text-indent:-.25in;"><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; </font>Pipoca Small Hydro Plant.</p>

<p style="margin:0in 0in .0001pt .55in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .3in;"><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">II - Presentation:</font></u></p>

<p style="margin:0in 0in .0001pt .25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .3in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font>
Occupational safety</p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='10',FILE='C:\JMS\105731\08-19992-1\task3048392\19992-1-ba-03.htm',USER='105731',CD='Jul 26 15:19 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt 1.0in;text-indent:-1.0in;"><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;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#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>Summary
of Minutes of the 436th Meeting of the Board of Directors, Companhia Energ&#233;tica
de Minas Gerais, July&nbsp;3, 2008</p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">11</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='11',FILE='C:\JMS\105731\08-19992-1\task3048392\19992-1-ba-03.htm',USER='105731',CD='Jul 26 15:19 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman"><img width="576" height="38" src="g199921ba03i001.jpg"></font></p>

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

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

<p align="center" style="margin:0in 0in .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:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">CNPJ N&#176; 17.155.730/0001-64 &#150; NIRE 31300040127</font></b></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SUMMARY OF MINUTES OF THE<br>
436<sup>TH</sup> MEETING OF THE BOARD OF DIRECTORS</font></b></p>

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

<p style="margin:0in 0in .0001pt .05in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">At its meeting held on July&nbsp;3,
2008, the Board of Directors of Companhia Energ&#233;tica de Minas Gerais approved:</font></p>

<p style="margin:0in 0in .0001pt .05in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .3in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Contracts for constitution
of consortia, for:</font></p>

<p style="margin:0in 0in .0001pt .3in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 1.55in;text-indent:-.25in;"><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;&#160;&#160;&#160;&#160; </font>the Itaocara Hydroelectric Plant;</p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 1.55in;text-indent:-.25in;"><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;&#160;&#160;&#160;&#160; </font>the Paracambi Small Hydro Plant; and</p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 1.55in;text-indent:-.25in;"><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;&#160;&#160;&#160;&#160; </font>the Lajes hydroelectric complex.</p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Av.Barbacena 1200, Santo
Agostinho, 30190-131 Belo Horizonte, MG, Brazil. Tel.: +55-31 3506-5024. Fax:
+55-31 3506-5025</font></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">12</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='12',FILE='C:\JMS\105731\08-19992-1\task3048392\19992-1-ba-03.htm',USER='105731',CD='Jul 26 15:19 2008' -->



<br clear="all" style="page-break-before:always;">
<div style="font-family:Times New Roman;">

<p style="margin:0in 0in .0001pt 1.0in;text-indent:-1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.5in;"><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;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Summary
of Minutes of the 71st Meeting of the Board of Directors, Cemig Gera&#231;&#227;o e
Transmiss&#227;o S.A., July&nbsp;3, 2008</p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">13</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='13',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p style="margin:0in 0in .0001pt .15in;"><font size="2" face="Times New Roman"><img width="133" height="56" src="g199921ba05i001.jpg"></font></p>

<p style="margin:0in 0in .0001pt .75in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Listed company &#150; CNPJ 06.981.176/0001-58</font></b></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Board meeting of July&nbsp;3, 2008:<br>
Summary of principal decisions</font></b></p>

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

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">At its 71<sup>st</sup> meeting, held on July&nbsp;3,
2008, the Board of Directors of Cemig Gera&#231;&#227;o e Transmiss&#227;o S.A. approved:</font></p>

<p style="margin:0in 0in .0001pt .25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Contracts for constitution
of consortia, for:</font></p>

<p style="margin:0in 0in .0001pt 1.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 1.25in;"><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;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>the Itaocara Hydroelectric Plant;</p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 1.25in;"><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;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>the Paracambi Small Hydro Plant; and</p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 1.25in;"><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;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>the Lajes hydroelectric complex.</p>

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

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Av.Barbacena 1200, Santo Agostinho, 30190-131 Belo Horizonte, MG,
Brazil. Tel.: +55-31 3506-5024. Fax: +55-31 3506-5025</font></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">14</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='14',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.5in;"><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;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Market
Announcement, Companhia Energ&#233;tica de Minas Gerais, July&nbsp;4, 2008</p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">15</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='15',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p align="center" style="margin:0in 0in .0001pt .8in;text-align:center;"><font size="2" face="Times New Roman"><img width="566" height="33" src="g199921ba05i002.jpg"></font></p>

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

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

<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">LISTED COMPANY<br>
</font></b>CNPJ N&#176;
17.155.730/0001-64</p>

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

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Cemig and Light: Business Plans for joint electricity
generation projects</font></b></p>

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Ce</font></b><b>mig </b>(Companhia Energ&#233;tica de Minas Gerais), a
listed company holding public service concessions, with securities traded on
the stock exchanges of S&#227;o Paulo, New York and Madrid, in accordance with its
commitment to best corporate governance practices and Article&nbsp;12 of CVM
Instruction 358 of 3 January&nbsp;3, 2002, hereby informs the public that <b>it has signed a Memorandum of Agreement</b> (&#147;the
Memorandum&#148;) <b>with Light S.A.</b> (&#147;<u>Light</u>&#148;),
under which, among other provisions, the parties will aim to produce <b>joint business plans for development and
implementation of electricity generation projects.</b> Among other
provisions, under the Memorandum the parties will sign specific agreements for
each of the generation projects that they implement. Cemig will hold 49%,
directly or through its subsidiaries, in each of these consortia, and Light,
directly or through its subsidiaries, will hold 51%. The Memorandum does not
create any exclusive obligation between the parties.</p>

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

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Through its wholly-owned subsidiary Cemig
Gera&#231;&#227;o e Transmiss&#227;o S.A., Cemig has formalized three Consortium Contracts
with Light &#150; through Light&#146;s subsidiaries <b>Lightger</b>
Ltda., <b>Itaocara</b>  <b>Energia</b> Ltda. and <b>Light Energia</b> S.A. &#150; to operate
hydroelectric projects in the regions of <b>Paracambi</b><b>,</b>  <b>Itaocara</b> and <b>Lajes</b><b>,</b> respectively.</font></p>

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

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">All the above-mentioned private contracts
have suspensive conditions &#150; under which they take effect only when all the
required authorizations and permissions have been obtained from the Brazilian
electricity regulator, Aneel.</font></p>

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

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Cemig has advised Light of its intention to
participate, jointly, in future generation opportunities with total potential
installed capacity of up to 300MW.</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Belo
Horizonte, July&nbsp;4, 2008<br><br></font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Luiz
Fernando Rolla<br>
Chief Officer for Finance, Investor Relations and Control of Holdings</font></p>

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

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Av.Barbacena 1200, Santo Agostinho, 30190-131 Belo Horizonte, MG,
Brazil. Tel.: +55-31 3506-5024. Fax: +55-31 3506-5025</font></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">16</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='16',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.5in;"><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;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Summary
of Minutes of the 437th Meeting of the Board of Directors, Companhia Energ&#233;tica
de Minas Gerais, July&nbsp;18, 2008</p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">17</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='17',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman"><img width="576" height="38" src="g199921ba05i003.jpg"></font></p>

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

<p align="center" style="margin:0in 0in .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<br>
Listed company<br>
CNPJ N&#176; 17.155.730/0001-64<br>
NIRE 31300040127</font></b></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SUMMARY OF MINUTES OF THE 437<sup>th</sup> MEETING OF<br>
THE BOARD OF DIRECTORS</font></b></p>

<p style="margin:0in 0in .0001pt .05in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .05in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">At its meeting held on July&nbsp;18, 2008, the Board
of Directors of Companhia Energ&#233;tica de Minas Gerais approved the following
matters:</font></p>

<p style="margin:0in 0in .0001pt .6in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .6in;text-indent:-.25in;"><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; </font>Revision of the
Annual Budget for 2008.</p>

<p style="margin:0in 0in .0001pt .6in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .6in;text-indent:-.25in;"><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; </font>The consolidated
ratio Net debt / (Net debt + Stockholders&#146; equity) to be limited to fifty per
cent for the 2008 business year.</p>

<p style="margin:0in 0in .0001pt .6in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .6in;text-indent:-.25in;"><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; </font>Submission of a
proposal to the stockholders to set, for the business year of 2008, the limit
for the consolidated amount of funds to be allocated for capital investment
and/or acquisition of any assets.</p>

<p style="margin:0in 0in .0001pt 1.0in;text-indent:-1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Av.Barbacena 1200, Santo Agostinho, 30190-131 Belo Horizonte, MG,
Brazil. Tel.: +55-31 3506-5024. Fax: +55-31 3506-5025</font></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">18</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='18',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.5in;"><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;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Summary
of Minutes of the 73rd Meeting of the Board of Directors, Cemig Distribui&#231;&#227;o
S.A., July&nbsp;18, 2008</p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">19</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='19',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p style="margin:0in 0in .0001pt .1in;"><font size="2" face="Times New Roman"><img width="125" height="54" src="g199921ba05i004.jpg"></font></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">CEMIG DISTRIBUI&#199;&#195;O S.A<br><br></font></b></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">CNPJ N&#176; 06.981.180/0001-16</font></b></p>

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

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

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

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">At its 73<sup>rd</sup> meeting, held on July&nbsp;18, 2008, the Board
of Directors of Cemig Distribui&#231;&#227;o S.A. approved the following:</font></p>

<p style="margin:0in 0in .0001pt .3in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .3in;"><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; </font>Revision of the
Annual Budget for 2008.</p>

<p style="margin:0in 0in .0001pt .3in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .3in;"><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; </font>Authorization to
sign an amendment to a contract with Cons&#243;rcio Alian&#231;a.</p>

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

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Cemig General Secretariat &#150; SG</font></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">20</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='20',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.5in;"><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;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Summary
of Minutes of the 72nd Meeting of the Board of Directors, Cemig Gera&#231;&#227;o e
Transmiss&#227;o S.A., July&nbsp;18, 2008</p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">21</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='21',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div>

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

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><img width="133" height="56" src="g199921ba05i001.jpg"></font></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><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.<br><br></font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Listed company &#150; CNPJ 06.981.176/0001-58<br><br></font></b></p>

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

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

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">At its 72<sup>nd</sup> meeting, held on July&nbsp;18, 2008, the Board
of Directors of Cemig Gera&#231;&#227;o e Transmiss&#227;o S.A. approved:</font></p>

<p style="margin:0in 0in .0001pt .5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1. Revision of the Annual Budget for 2008.</font></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">22</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='22',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.5in;"><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;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Summary
of Minutes of the 60th Meeting of the Board of Directors, Cemig Gera&#231;&#227;o e
Transmiss&#227;o S.A., December 19, 2007</p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">23</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='23',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><img width="133" height="56" src="g199921ba05i005.jpg"></font></p>

<p style="margin:0in 0in .0001pt .1in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Cemig
Gera&#231;&#227;o e Transmiss&#227;o S.A.</font></b></p>

<p align="center" style="margin:0in 0in .0001pt 1.7in;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">CNPJ
06.981.176/0001-58 &#150; NIRE 31300020550</font></b></p>

<p style="margin:0in 0in .0001pt 1.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><b><u><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Summary of
minutes of the 60<sup>th</sup> meeting of the Board of Directors</font></u></b></p>

<p style="margin:0in 0in .0001pt;"><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;width:100.0%;">
 <tr>
  <td width="21%" valign="top" style="padding:0in 0in 0in 0in;width:21.26%;">
  <p style="margin:0in 0in .0001pt;"><b><u><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Date,
  time and place:</font></u></b></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.42%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="75%" valign="top" style="padding:0in 0in 0in 0in;width:75.32%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">December&nbsp;19, 2007, at
  11.30&nbsp;a.m. at the company&#146;s head office,</font></p>
  </td>
 </tr>
 <tr>
  <td width="21%" valign="top" style="padding:0in 0in 0in 0in;width:21.26%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.42%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="75%" valign="top" style="padding:0in 0in 0in 0in;width:75.32%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Av. Barbacena 1200, 12<sup>th</sup>
  Floor, B1 Wing, Belo Horizonte, Minas Gerais, Brazil.</font></p>
  </td>
 </tr>
 <tr>
  <td width="21%" valign="top" style="padding:0in 0in 0in 0in;width:21.26%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.42%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="75%" valign="top" style="padding:0in 0in 0in 0in;width:75.32%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="21%" valign="top" style="padding:0in 0in 0in 0in;width:21.26%;">
  <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="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.42%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="75%" valign="top" style="padding:0in 0in 0in 0in;width:75.32%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Chairman: &nbsp;&nbsp;Marcio
  Ara&#250;jo de Lacerda;</font></p>
  </td>
 </tr>
 <tr>
  <td width="21%" valign="top" style="padding:0in 0in 0in 0in;width:21.26%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.42%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="75%" valign="top" style="padding:0in 0in 0in 0in;width:75.32%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Secretary: &nbsp;&nbsp;Anamaria
  Pugedo Frade Barros.</font></p>
  </td>
 </tr>
</table>

<p style="margin:0in 0in .0001pt 1.7in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt .4in;text-indent:-.4in;"><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;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The Board approved:</b></p>

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt .45in;"><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; </font>the Budget Review for the Irap&#233; Hydroelectric
project.</p>

<p style="margin:0in 0in .0001pt .45in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .45in;"><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; </font>the Internal Regulations of the Board of
Directors.</p>

<p style="margin:0in 0in .0001pt .45in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .45in;"><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; </font>the minutes of this meeting.</p>

<p style="margin:0in 0in .0001pt .45in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .4in;text-indent:-.4in;"><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;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The Board authorized</b><b>:</b></p>

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt .8in;text-indent:-.35in;"><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; </font>Signing of the Fourth Amendment to the
Contract for Implementation of the Irap&#233; hydroelectric complex with the Irap&#233;
Construction Consortium, through the companies that comprise it or their legal
representative, in the form of the Constitution Contract of the said
Consortium, with a view to payment of part of the amount claimed by it, for
additional services and reimbursement of additional costs arising from the
delay in obtaining of the licenses for operation of the Irap&#233; hydroelectric
complex, in the period of February&nbsp;through December&nbsp;2005, so as to
complete the said Implementation Contract; and also addition to the budget for
payment of the social/environmental pending matters arising from the analysis,
made by the environmental area of the company, of the regularizations of land
sites and pending legal matters.</p>

<p style="margin:0in 0in .0001pt .8in;text-indent:-.35in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .8in;text-indent:-.35in;"><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; </font>Continuation of the participation by Cemig GT
in the operation of the Santo Ant&#244;nio Hydroelectric Project within the technical,
commercial and economic-financial premises that are in line with the guidelines
of the Company, and decision the Board of Directors shall subsequently ratify
the decision on the company&#146;s continuation with that enterprise.</p>

<p style="margin:0in 0in .0001pt .8in;text-indent:-.35in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .8in;text-indent:-.35in;"><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; </font>Specific application of Article&nbsp;6 of CVM
Instruction 358/2002 in the matter relating to the Santo Ant&#244;nio hydroelectric
complex, mentioned in sub-item &#147;b&#148; of this item, highlighting the obligatory
nature of compliance with the Confidentiality and Exclusivity Agreement entered
into by the company.</p>

<p style="margin:0in 0in .0001pt .8in;text-indent:-.35in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The Board of Directors delegated</b> to the Executive Board, until
February&nbsp;29, 2008, competence to authorize, after hearing the position of
the Energy Risks Management Committee (CGRE), signing of Contracts for Sale of
Electricity which individually have</p>

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

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Av.Barbacena, 1200 - Santo Agostinho - CEP
30190-131<br>
Belo Horizonte - MG - Brasil - Tel.: (0XX31)3506-5024</font></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">24</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='24',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div style="font-family:Times New Roman;">

<p style="margin:0in 0in .0001pt .15in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt 31.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">amounts
greater than or equal to five million Reais, and respective Amendments, this
Board to be informed of any such instruments as are approved at the meeting
following such approval.</font></p>

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>Item withdrawn: </b>The proposal relating to the Budget Proposal
for 2008 was withdrawn from the agenda.</p>

<p style="margin:0in 0in .0001pt .4in;text-indent:-.35in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>Votes against: </b>The Board Members Andr&#233;a Paula Fernandes
Pansa, Carlos Augusto Leite Brand&#227;o, Evandro Veiga Negr&#227;o de Lima, Haroldo
Guimar&#227;es Brasil, Jos&#233; Augusto Pimentel Pess&#244;a and Wilton de Medeiros Daher
voted against the matter related to the signing of the Fourth Amendment to the
Contract for Implementation of the Irap&#233; Hydroelectric Plant, mentioned in
sub-item &#147;a&#148; of items I and II, above.</p>

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

<p style="margin:0in 0in .0001pt 31.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The
Board Member Wilton de Medeiros Daher voted against the matter relating to the Santo
Ant&#244;nio hydroelectric project mentioned in item II, sub-items &#147;b&#148; and &#147;c&#148;,
above.</font></p>

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The following spoke</b> on general matters and business of interest
to the Company:</p>

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

<table border="0" cellspacing="0" cellpadding="0" width="94%" style="border-collapse:collapse;margin-left:31.7pt;width:94.0%;">
 <tr>
  <td width="23%" valign="top" style="padding:0in 0in 0in 0in;width:23.36%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Chairman</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.98%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="74%" valign="top" style="padding:0in 0in 0in 0in;width:74.66%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="23%" valign="top" style="padding:0in 0in 0in 0in;width:23.36%;">
  <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="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.98%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="74%" valign="top" style="padding:0in 0in 0in 0in;width:74.66%;">
  <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, Haroldo
  Guimar&#227;es Brasil, Jos&#233; Augusto Pimentel Pess&#244;a, Djalma Bastos de Morais and
  Alexandre Heringer Lisboa.</font></p>
  </td>
 </tr>
 <tr>
  <td width="23%" valign="top" style="padding:0in 0in 0in 0in;width:23.36%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.98%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="74%" valign="top" style="padding:0in 0in 0in 0in;width:74.66%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="23%" valign="top" style="padding:0in 0in 0in 0in;width:23.36%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Directors:</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.98%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="74%" valign="top" style="padding:0in 0in 0in 0in;width:74.66%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Luiz Fernando Rolla and
  Jos&#233; Carlos de Mattos.</font></p>
  </td>
 </tr>
 <tr>
  <td width="23%" valign="top" style="padding:0in 0in 0in 0in;width:23.36%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Superintendent:</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.98%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="74%" valign="top" style="padding:0in 0in 0in 0in;width:74.66%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">C&#233;sar Vaz de Melo Fernandes</font></p>
  </td>
 </tr>
</table>

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

<p style="margin:0in 0in .0001pt 31.7pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">The following were present:</font></b></p>

<table border="0" cellspacing="0" cellpadding="0" width="94%" style="border-collapse:collapse;margin-left:31.7pt;width:94.0%;">
 <tr>
  <td width="23%" valign="top" style="padding:0in 0in 0in 0in;width:23.94%;">
  <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="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.98%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="74%" valign="top" style="padding:0in 0in 0in 0in;width:74.08%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Marcio Araujo de Lacerda,
  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, Jos&#233;
  Augusto Pimentel Pess&#244;a, Maria Estela Kubitschek Lopes, Wilson N&#233;lio Brumer,
  Wilton de Medeiros Daher and Lauro S&#233;rgio Vasconcelos David.</font></p>
  </td>
 </tr>
 <tr>
  <td width="23%" valign="top" style="padding:0in 0in 0in 0in;width:23.94%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">CEO and Vice-Chairman:</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.98%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="74%" valign="top" style="padding:0in 0in 0in 0in;width:74.08%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Djalma Bastos de Morais.</font></p>
  </td>
 </tr>
 <tr>
  <td width="23%" valign="top" style="padding:0in 0in 0in 0in;width:23.94%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Director and Board member:</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.98%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="74%" valign="top" style="padding:0in 0in 0in 0in;width:74.08%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Fernando Henrique Schuffner
  Neto.</font></p>
  </td>
 </tr>
 <tr>
  <td width="23%" valign="top" style="padding:0in 0in 0in 0in;width:23.94%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Directors:</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.98%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="74%" valign="top" style="padding:0in 0in 0in 0in;width:74.08%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Luiz Fernando Rolla e Jos&#233;
  Carlos de Mattos.</font></p>
  </td>
 </tr>
 <tr>
  <td width="23%" valign="top" style="padding:0in 0in 0in 0in;width:23.94%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Superintendent:</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.98%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="74%" valign="top" style="padding:0in 0in 0in 0in;width:74.08%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">C&#233;sar Vaz de Melo
  Fernandes.</font></p>
  </td>
 </tr>
 <tr>
  <td width="23%" valign="top" style="padding:0in 0in 0in 0in;width:23.94%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Secretary:</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.98%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="74%" valign="top" style="padding:0in 0in 0in 0in;width:74.08%;">
  <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>
</table>

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

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Anamaria Pugedo Frade Barros</font></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">25</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='25',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div style="font-family:Times New Roman;">

<p style="margin:0in 0in .0001pt 1.0in;text-indent:-1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.5in;"><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;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Summary
of Minutes of the 63rd Meeting of the Board of Directors, Cemig Gera&#231;&#227;o e
Transmiss&#227;o S.A., February 14, 2008</p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">26</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='26',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p style="margin:0in 0in .0001pt 1.0in;text-indent:-1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><img width="133" height="56" src="g199921ba05i005.jpg"></font></p>

<p style="margin:0in 0in .0001pt .1in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Cemig
Gera&#231;&#227;o e Transmiss&#227;o S.A.</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">CNPJ
06.981.176/0001-58 &#150; NIRE 31300020550</font></b></p>

<p style="margin:0in 0in .0001pt 1.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><b><u><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Summary of
minutes of the 63<sup>rd</sup> meeting of the Board of Directors</font></u></b></p>

<p style="margin:0in 0in .0001pt;"><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;width:100.0%;">
 <tr>
  <td width="21%" valign="top" style="padding:0in 0in 0in 0in;width:21.26%;">
  <p style="margin:0in 0in .0001pt;"><b><u><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Date,
  time and place:</font></u></b></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.42%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="75%" valign="top" style="padding:0in 0in 0in 0in;width:75.32%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">February&nbsp;14, 2008, at
  3.30&nbsp;p.m. at the company&#146;s head office,</font></p>
  </td>
 </tr>
 <tr>
  <td width="21%" valign="top" style="padding:0in 0in 0in 0in;width:21.26%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.42%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="75%" valign="top" style="padding:0in 0in 0in 0in;width:75.32%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Av. Barbacena 1200, 12<sup>th</sup>
  Floor, B1 Wing, Belo Horizonte, Minas Gerais, Brazil.</font></p>
  </td>
 </tr>
 <tr>
  <td width="21%" valign="top" style="padding:0in 0in 0in 0in;width:21.26%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.42%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="75%" valign="top" style="padding:0in 0in 0in 0in;width:75.32%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="21%" valign="top" style="padding:0in 0in 0in 0in;width:21.26%;">
  <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="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.42%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="75%" valign="top" style="padding:0in 0in 0in 0in;width:75.32%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Chairman: &nbsp;&nbsp;Marcio
  Ara&#250;jo de Lacerda;</font></p>
  </td>
 </tr>
 <tr>
  <td width="21%" valign="top" style="padding:0in 0in 0in 0in;width:21.26%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.42%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="75%" valign="top" style="padding:0in 0in 0in 0in;width:75.32%;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">Secretary: &nbsp;&nbsp;</font>&nbsp;</font>Anamaria Pugedo Frade Barros.</p>
  </td>
 </tr>
</table>

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

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The Board approved:</b></p>

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt .8in;text-indent:-.35in;"><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; </font>Revision of the Volta Grande Substation
Project &#150; acquisition of elevating transformers, and authorization of
opening/continuation of tender proceedings and making of the
purchases/contracting of the services.</p>

<p style="margin:0in 0in .0001pt .9in;text-indent:-.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .8in;text-indent:-.35in;"><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; </font>The minutes of this meeting.</p>

<p style="margin:0in 0in .0001pt .9in;text-indent:-.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The Board authorized:</b></p>

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt .8in;text-indent:-.35in;"><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; </font>Signing of the Contract with S&#225; Carvalho
S.A., with Cemig as consenting party, after approval by the Concession-Granting
Power, for provision of services of the Operation Center of the Cemig GT System
(COS), which shall establish the conditions, procedures, technical-operational
and commercial responsibilities that will regulate the provision of the
services, with a period of five years, coming into effect as from the date of
its signature, after approval by the Concession-Granting Power, with effect
backdated to August&nbsp;22, 2006, the date of de-contracting of the Cemig COS
by the National Electricity System Operator (ONS), thus remaining up to the
termination of this period or up to the extinction of the transmission
concession of Cemig GT or, further, upon application by either of the Parties.</p>

<p style="margin:0in 0in .0001pt .95in;text-indent:-.55in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .8in;text-indent:-.35in;"><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; </font>Prior express consent of Cemig GT to the
assignment and transfer by Duke Energy International &#150; Gera&#231;&#227;o Paranapanema
S.A., in favor of its parent company, Duke Energy International, Brasil Ltda.,
of all the rights and obligations arising from the Term of Undertaking to Carry
Out Feasibility Studies, dated June&nbsp;29, 2007, in relation to generation
projects of the Doce River Basin, and also signing of a Undertaking for
Assignment and Transfer of Rights and Obligations of the said Commitment
Undertaking, all the other clauses and conditions stated remaining in full
force and effect.</p>

<p style="margin:0in 0in .0001pt .95in;text-indent:-.55in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .8in;text-indent:-.35in;"><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; </font>Consent by Cemig GT, through signing of a
Purchase and Sale Contract, for transfer of the totality of the shares owned by
Cemig in Empresa Catarinense de Transmiss&#227;o de Energia S.A. (CTE), Empresa
Amazonense de Transmiss&#227;o de Energia S.A. (EATE), Empresa Paraense de
Transmiss&#227;o de Energia S.A. (ETEP), Empresa Regional de Transmiss&#227;o de Energia
S.A. (ERTE) and Empresa Norte de Transmiss&#227;o de Energia S.A. (ENTE), for the
book value of</p>

<p style="margin:0in 0in .0001pt .95in;text-indent:-.55in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Av.Barbacena, 1200 - Santo Agostinho - CEP
30190-131<br>
Belo Horizonte - MG - Brasil - Tel.: (0XX31)3506-5024</font></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">27</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='27',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div style="font-family:Times New Roman;">

<p style="margin:0in 0in .0001pt .15in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .8in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">these holdings expressed in
October&nbsp;2007, and also that Cemig GT shall substitute Cemig in all the
documents and contracts signed by Cemig, at the time of acquisition of the
shares of Schahin Holding S.A. and exclusively related to that transaction,
such as Stockholders&#146; Agreements, Contract for Purchase and Sale of Shares and
Other Matters, voting agreement with Brascan Brasil Ltda., Financing Contracts,
and the respective terms of consent and submission to the electricity
transmission public service concession contract and such future Amendments to
the Concession Contracts as reflect solely this present stockholding
alteration.</font></p>

<p style="margin:0in 0in .0001pt .9in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .8in;text-indent:-.35in;"><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; </font>Signing of the Working Agreement for
Subscription to the Integrated Prosa&#250;de Program of Cemig (PSI), between Cemig,
Cemig D, Cemig GT and Forluz, to regulate the offer of the health assistance
plans to the participants of the sponsor, with period of validity of up to 60
months as from its being entered into, the budget amounts and the forms of
monetary adjustment originally contracted remaining unchanged.</p>

<p style="margin:0in 0in .0001pt .95in;text-indent:-.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .8in;text-indent:-.35in;"><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; </font>Signing of the Subleasing Agreement for an
area of the J&#250;lio Soares Building, in Belo Horizonte, Minas Gerais, between
Cemig, Cemig D and Cemig GT and the company winning the tender auction held for
contracting of services of provision of air tickets and related services, for
the installation of a service office, with Forluz consenting, for a period of 12
months, able to be extended for up to 48 months, upon signature of amendments,
with a maximum limit of 60 months.</p>

<p style="margin:0in 0in .0001pt .95in;text-indent:-.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .8in;text-indent:-.35in;"><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; </font>Celebration of the Eleventh Amendment to
Contracts 4570007924-530 and 4570008039-510, with Confederal Vigil&#226;ncia e
Seguran&#231;a Ltda., for extension, exceptionally, of the security guard services
for the company&#146;s facilities in Belo Horizonte and Contagem, for up to 12
months, with consequence adjustment of the total cost of the contract, to be
shared as follows: 35% for Cemig GT and 65% for Cemig D.</p>

<p style="margin:0in 0in .0001pt .95in;text-indent:-.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The Board submitted to the auditors</b> KPMG Auditores Independentes, for
examination, the Technical Feasibility Study for Offsetting of Tax Credits.</p>

<p style="margin:0in 0in .0001pt .4in;text-indent:-.35in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The Board ratified:</b></p>

<p style="margin:0in 0in .0001pt .05in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .8in;text-indent:-.35in;"><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; </font>Signing of the Third Amendment to Technical
Cooperation Working Agreement No.&nbsp;4570007808, with Empresa de Assist&#234;ncia
T&#233;cnica e Extens&#227;o Rural do Estado de Minas Gerais (Emater/Minas Gerais), to
adjust the amount of the annual allocation of financial resources, in the
period of 2008 to 2010, for carrying out of work of technical assistance, rural
extension and social wellbeing to those who are resettled at the Irap&#233;
hydroelectric plant.</p>

<p style="margin:0in 0in .0001pt .95in;text-indent:-.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .8in;text-indent:-.35in;"><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; </font>Signing of the First Amendment to the
Memorandum of Understanding with Furnas Centrais El&#233;tricas S.A. (Furnas),
Odebrecht Investimentos em Infra-Estrutura Ltda. (OII), Construtora Norberto
Odebrecht S.A. (CNO), Andrade Gutierrez Participa&#231;&#245;es S.A. (AGP) and Fundo de
Investimentos em Participa&#231;&#245;es da Amaz&#244;nia Energia (FIP), to alter the period
for AGP, Cemig GT and FIP to state any disagreement as to the bid offered in
Aneel Auction 05/2007 relating to operation of the Santo Ant&#244;nio hydroelectric
complex and associated transmission system and the consequent transfer of their
interest(s)&nbsp;in the registered capital of Madeira Energia S.A.; and also of
the First Amendment to the Contract for Reimbursement and Sharing of Expenses,
with Furnas, OII,</p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">28</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='28',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p style="margin:0in 0in .0001pt .8in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">CNO,
AGP and FIP, to change the period for analysis and possible contestation of the
report specified in the said Contract.</font></p>

<p style="margin:0in 0in .0001pt .9in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .8in;text-indent:-.35in;"><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; </font>Signing of the Working Agreements with the
Municipal Councils for Children&#146;s and Adolescents&#146; rights of the State of Minas
Gerais, the State of S&#227;o Paulo and the State of Goi&#225;s, in the municipalities
where participating institutions in the <i>AI6%
&#150; Creating Citizens 2007</i> Program were indicated, for the
passthrough, to those Councils, of the donations to the Children&#146;s and
Adolescents&#146; Funds (FIA) by the employees of Cemig, Cemig D and Cemig GT, for a
period of up to 11 months.</p>

<p style="margin:0in 0in .0001pt .95in;text-indent:-.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .8in;text-indent:-.35in;"><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; </font>Signing of an Undertaking for Assignments of
Rights and Obligations of Contract for Use of the Transmission System (CUST)
No. 11/2001, between Companhia de Tecidos Norte de Minas&#150;Coteminas and
Coteminas S.A., with Cemig GT and Companhia Vale do Rio Doce as consenting
parties, relating to the Porto Estrela hydroelectric project, for transfer from
Coteminas to Coteminas S.A. of all the rights and obligations in the said
Contract.</p>

<p style="margin:0in 0in .0001pt .95in;text-indent:-.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The following matters were
withdrawn </b>from the agenda:</p>

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt .8in;text-indent:-.35in;"><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; </font>Signing of the Technical-Scientific
Cooperation Working Agreement with the Technology Strategy Management Center
(CGET), for execution of the Cemig GT&#150;Aneel Technological Research and
Development Program, 2005/2006 Cycle; and</p>

<p style="margin:0in 0in .0001pt .95in;text-indent:-.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .8in;text-indent:-.35in;"><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; </font>The Cemig GT&#150;Aneel Technological Research and
Development Program, 2005/2006 Cycle.</p>

<p style="margin:0in 0in .0001pt .95in;text-indent:-.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>Abstention:</b>
The Board Member Carlos Augusto Leite Brand&#227;o <b>abstained
from voting</b> on the proposal relating to the Agreement for
Subscription to the Cemig Integrated Prosa&#250;de Program (PSI) mentioned in item
II, sub-item &#147;d&#148;, above.</p>

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>Votes against:</b> The Board Members Andr&#233;a Paula Fernandes Pansa, Carlos Augusto Leite
Brand&#227;o, Evandro Veiga Negr&#227;o de Lima, Haroldo Guimar&#227;es Brasil, Jos&#233; Augusto
Pimentel Pess&#244;a and Wilton de Medeiros Daher voted against the proposals
mentioned in item III, sub-items &#147;a&#148;, &#147;b&#148;, &#147;c&#148; and &#147;d&#148;, above.</p>

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The Chairman reported the resignation</b> of the Substitute Board Member Eduardo Leite
Hoffmann, as of January&nbsp;31, 2008, in accordance with a letter in the
company&#146;s possession.</p>

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">X</font></b><b><font size="1" style="font-size:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The following spoke</b> on general matters and business of interest
to the Company:</p>

<p style="margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="94%" style="border-collapse:collapse;margin-left:31.7pt;width:94.0%;">
 <tr>
  <td width="23%" valign="top" style="padding:0in 0in 0in 0in;width:23.36%;">
  <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="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.98%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="74%" valign="top" style="padding:0in 0in 0in 0in;width:74.66%;">
  <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, Haroldo
  Guimar&#227;es Brasil, Jos&#233; Augusto Pimentel Pess&#244;a eWilton de Medeiros Daher.</font></p>
  </td>
 </tr>
 <tr>
  <td width="23%" valign="top" style="padding:0in 0in 0in 0in;width:23.36%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">CEO and Vice-Chairman:</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.98%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="74%" valign="top" style="padding:0in 0in 0in 0in;width:74.66%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Djalma Bastos de Morais.</font></p>
  </td>
 </tr>
 <tr>
  <td width="23%" valign="top" style="padding:0in 0in 0in 0in;width:23.36%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Superintendent:</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.98%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="74%" valign="top" style="padding:0in 0in 0in 0in;width:74.66%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Tarc&#237;sio Andrade Neves.</font></p>
  </td>
 </tr>
 <tr>
  <td width="23%" valign="top" style="padding:0in 0in 0in 0in;width:23.36%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Consultants:</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.98%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="74%" valign="top" style="padding:0in 0in 0in 0in;width:74.66%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Representatives of Roland
  Berger Strategy Consultants.</font></p>
  </td>
 </tr>
</table>

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

<p style="margin:0in 0in .0001pt .4in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">The following were present:</font></b></p>

<table border="0" cellspacing="0" cellpadding="0" width="94%" style="border-collapse:collapse;margin-left:31.7pt;width:94.0%;">
 <tr>
  <td width="23%" valign="top" style="padding:0in 0in 0in 0in;width:23.36%;">
  <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="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.98%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="74%" valign="top" style="padding:0in 0in 0in 0in;width:74.66%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Marcio Araujo de Lacerda,
  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, Jos&#233;
  Augusto Pimentel Pess&#244;a, Maria Estela Kubitschek Lopes, Wilson N&#233;lio Brumer,
  Wilton de Medeiros Daher, Fernando Henrique Sch&#252;ffner Neto, Francisco de
  Assis Soares and Lauro S&#233;rgio Vasconcelos David.</font></p>
  </td>
 </tr>
</table>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">29</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='29',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div>

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

<table border="0" cellspacing="0" cellpadding="0" width="94%" style="border-collapse:collapse;margin-left:31.7pt;width:94.0%;">
 <tr>
  <td width="23%" valign="top" style="padding:0in 0in 0in 0in;width:23.36%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">CEO and Vice-Chairman:</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.98%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="74%" valign="top" style="padding:0in 0in 0in 0in;width:74.66%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Djalma Bastos de Morais.</font></p>
  </td>
 </tr>
 <tr>
  <td width="23%" valign="top" style="padding:0in 0in 0in 0in;width:23.36%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Audit Board:</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.98%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="74%" valign="top" style="padding:0in 0in 0in 0in;width:74.66%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Marcus Eolo de Lamounier
  Bicalho.</font></p>
  </td>
 </tr>
 <tr>
  <td width="23%" valign="top" style="padding:0in 0in 0in 0in;width:23.36%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Superintendent:</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.98%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="74%" valign="top" style="padding:0in 0in 0in 0in;width:74.66%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Tarc&#237;sio Andrade Neves.</font></p>
  </td>
 </tr>
 <tr>
  <td width="23%" valign="top" style="padding:0in 0in 0in 0in;width:23.36%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Consultants:</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.98%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="74%" valign="top" style="padding:0in 0in 0in 0in;width:74.66%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Representatives of Roland
  Berger Strategy Consultants</font></p>
  </td>
 </tr>
 <tr>
  <td width="23%" valign="top" style="padding:0in 0in 0in 0in;width:23.36%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Secretary:</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.98%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="74%" valign="top" style="padding:0in 0in 0in 0in;width:74.66%;">
  <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>
</table>

<p style="margin:0in 0in .0001pt .15in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Anamaria Pugedo Frade Barros</font></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">30</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='30',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div style="font-family:Times New Roman;">

<p style="margin:0in 0in .0001pt 1.0in;text-indent:-1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.5in;"><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;&#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>Summary
of Minutes of the 430th Meeting of the Board of Directors, Companhia Energ&#233;tica
de Minas Gerais, April 24, 2008</p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">31</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='31',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><img width="597" height="42" src="g199921ba05i006.jpg"></font></p>

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

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

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

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

<p style="margin:0in 0in .0001pt;"><b><u><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Summary of
minutes of the 430<sup>th</sup> meeting of the Board of Directors</font></u></b></p>

<p style="margin:0in 0in .0001pt;"><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;width:100.0%;">
 <tr>
  <td width="21%" valign="top" style="padding:0in 0in 0in 0in;width:21.26%;">
  <p style="margin:0in 0in .0001pt;"><b><u><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Date,
  time and place:</font></u></b></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.42%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="75%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:75.32%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">April&nbsp;24, 2008, at
  9.30&nbsp;a.m. at the company&#146;s head office,</font></p>
  </td>
 </tr>
 <tr>
  <td width="21%" valign="top" style="padding:0in 0in 0in 0in;width:21.26%;">
  <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="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.42%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="75%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:75.32%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Av. Barbacena 1200, 18<sup>th</sup>
  Floor, Belo Horizonte, Minas Gerais, Brazil.</font></p>
  </td>
 </tr>
 <tr>
  <td width="21%" valign="top" style="padding:0in 0in 0in 0in;width:21.26%;">
  <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="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.42%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="75%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:75.32%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="21%" valign="top" style="padding:0in 0in 0in 0in;width:21.26%;">
  <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="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.42%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Chairman:</font></p>
  </td>
  <td width="65%" valign="top" style="padding:0in 0in 0in 0in;width:65.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Marcio Ara&#250;jo de Lacerda;</font></p>
  </td>
 </tr>
 <tr>
  <td width="21%" valign="top" style="padding:0in 0in 0in 0in;width:21.26%;">
  <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="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.42%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Secretary:</font></p>
  </td>
  <td width="65%" valign="top" style="padding:0in 0in 0in 0in;width:65.16%;">
  <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>
</table>

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

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The Chairman requested</b> the Board Members present to state whether
any of them had conflict of interest in relation to the matter on the agenda of
meeting, and all replied in the negative.</p>

<p style="margin:0in .05in .0001pt .35in;text-indent:.05in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The Board approved</b> the minutes of this meeting.</p>

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The Board authorized</b> the participation of Cemig GT, jointly with Furnas Centrais El&#233;tricas
S.A., Odebrecht Investimentos em Infra-Estrutura Ltda., Construtora Norberto
Odebrecht S.A., Andrade Gutierrez Participa&#231;&#245;es S.A. and Fundo de Investimento
em Participa&#231;&#245;es Amaz&#244;nia Energia II, in the Special-purpose Company Jirau
Participa&#231;&#245;es S.A. (JPSA), upon subscription of shares, in accordance with its
percentage participation in the total capital, in the amount of approximately
five hundred million Reais.</p>

<p style="margin:0in .05in .0001pt .35in;text-indent:-.35in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>Abstention and vote against: </b>The matter relating to the participation of
Cemig GT in Jirau Participa&#231;&#245;es S.A., mentioned in Item III above was approved
with the abstention of the Board Member Carlos Augusto Leite Brand&#227;o and the
Board Member Wilton de Medeiros Daher voting against.</p>

<p style="margin:0in .05in .0001pt .35in;text-indent:-.35in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The following spoke</b> on general matters and business of interest
to the Company:</p>

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

<table border="0" cellspacing="0" cellpadding="0" width="94%" style="border-collapse:collapse;margin-left:31.7pt;width:94.0%;">
 <tr>
  <td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.3%;">
  <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="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.9%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.78%;">
  <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, Haroldo
  Guimar&#227;es Brasil, Jos&#233; Augusto Pimentel Pess&#244;a, Djalma Bastos de Morais,
  A&#233;cio Ferreira da Cunha and Wilton de Medeiros Daher.</font></p>
  </td>
 </tr>
 <tr>
  <td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.3%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Director:</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.9%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.78%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Jos&#233; Carlos de Mattos.</font></p>
  </td>
 </tr>
</table>

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

<p style="margin:0in 0in .0001pt 31.7pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">The following were present:</font></b></p>

<table border="0" cellspacing="0" cellpadding="0" width="94%" style="border-collapse:collapse;margin-left:31.7pt;width:94.0%;">
 <tr>
  <td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.3%;">
  <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="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.88%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.82%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Marcio Araujo de Lacerda,
  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, Jos&#233;
  Augusto Pimentel Pess&#244;a, Maria Estela Kubitschek Lopes, Wilton de Medeiros
  Daher, Guilherme Horta Gon&#231;alves J&#250;nior, Francisco de Assis Soares and Lauro
  S&#233;rgio Vasconcelos David.</font></p>
  </td>
 </tr>
 <tr>
  <td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.3%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">CEO and Vice-chairman:</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.88%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.82%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Djalma Bastos de Morais.</font></p>
  </td>
 </tr>
 <tr>
  <td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.3%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Directors and Board
  members:</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.88%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.82%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Fernando Henrique Sch&#252;ffner
  Neto, Marco Antonio Rodrigues da Cunha.</font></p>
  </td>
 </tr>
 <tr>
  <td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.3%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Director:</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.88%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.82%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Jos&#233; Carlos de Mattos.</font></p>
  </td>
 </tr>
 <tr>
  <td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.3%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Secretary:</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.88%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.82%;">
  <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>
</table>

<p style="margin:0in 0in .0001pt .35in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Anamaria Pugedo Frade Barros</font></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="1" face="Times New Roman" style="font-size:8.5pt;">Av. Barbacena, 1200 -
Santo Agostinho - CEP 30190-131-Belo Horizonte - MG - Brasil - Fax
(0XX31)3506-5025-Tel.: (0XX31)3506-5024</font></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">32</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

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

</div>
<!-- SEQ.=1,FOLIO='32',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.5in;"><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;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Summary
of Minutes of the 68th Meeting of the Board of Directors, Cemig Distribui&#231;&#227;o
S.A., April 24, 2008</p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">33</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='33',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><img width="128" height="54" src="g199921ba05i007.jpg"></font></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">CEMIG DISTRIBUI&#199;&#195;O S.A.</font></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Listed company &#150; CNPJ
06.981.180/0001-16 &#150; NIRE 31300020568</font></p>

<p style="margin:0in 0in .0001pt 1.35in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><b><u><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Summary of
minutes of the 68<sup>th</sup> meeting of the Board of Directors</font></u></b></p>

<p style="margin:0in 0in .0001pt;"><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;width:100.0%;">
 <tr>
  <td width="19%" valign="top" style="padding:0in 0in 0in 0in;width:19.76%;">
  <p style="margin:0in 0in .0001pt;"><b><u><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Date,
  time and place:</font></u></b></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.74%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="78%" valign="top" style="padding:0in 0in 0in 0in;width:78.5%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">April&nbsp;24, 2008, at
  11.30&nbsp;a.m. at the company&#146;s head office,</font></p>
  </td>
 </tr>
 <tr>
  <td width="19%" valign="top" style="padding:0in 0in 0in 0in;width:19.76%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.74%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="78%" valign="top" style="padding:0in 0in 0in 0in;width:78.5%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Av. Barbacena 1200, 17<sup>th</sup>
  Floor, A1 Wing, Belo Horizonte, Minas Gerais, Brazil.</font></p>
  </td>
 </tr>
 <tr>
  <td width="19%" valign="top" style="padding:0in 0in 0in 0in;width:19.76%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.74%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="78%" valign="top" style="padding:0in 0in 0in 0in;width:78.5%;">
  <p style="margin:0in 27.0pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="19%" valign="top" style="padding:0in 0in 0in 0in;width:19.76%;">
  <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="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.74%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="78%" valign="top" style="padding:0in 0in 0in 0in;width:78.5%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Chairman: Marcio Ara&#250;jo de
  Lacerda;</font></p>
  </td>
 </tr>
 <tr>
  <td width="19%" valign="top" style="padding:0in 0in 0in 0in;width:19.76%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.74%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="78%" valign="top" style="padding:0in 0in 0in 0in;width:78.5%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Secretary: &nbsp;Anamaria Pugedo Frade Barros.</font></p>
  </td>
 </tr>
</table>

<p style="margin:0in 0in .0001pt 1.7in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The Chairman requested</b> the Board Members present to state whether
any of them had conflict of interest in relation to the matter on the agenda of
meeting, and all replied in the negative.</p>

<p style="margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The Board approved</b> the minutes of this meeting.</p>

<p style="margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The Board delegated</b> to the Executive Board, until December&nbsp;31, 2008, competence to
authorize, after hearing the position of the Energy Risks Management Committee,
signing of Contracts for Supply of Electricity and Reserve of Demand, Use of
the Distribution System, Connection to the Distribution System, Use of the
Transmission System with the National System Operator (ONS), or Sharing of
Distribution Infrastructure, and Agreements made with clients for execution of
works on the electricity distribution system, including when entered into
between Cemig D and any of its stockholders or companies which are their
controlling stockholders, subsidiaries or under common control, such as
individually have amounts greater than or equal to five million Reais, and any
respective Amendments and Terms of Rescission.</p>

<p style="margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The item </b>relating
to the Light for Everyone (<i>Luz para Todos</i>)
program was <b>withdrawn from the agenda.</b></p>

<p style="margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The following spoke</b> on general matters and business of interest
to the Company:</p>

<p style="margin:0in 0in .0001pt 2.7in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="92%" style="border-collapse:collapse;margin-left:31.7pt;width:92.0%;">
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.6%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Chairman</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="69%" valign="top" style="padding:0in 0in 0in 0in;width:69.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.6%;">
  <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="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="69%" valign="top" style="padding:0in 0in 0in 0in;width:69.16%;">
  <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, Haroldo
  Guimar&#227;es Brasil, Jos&#233; Augusto Pimentel Pess&#244;a, Djalma Bastos de Morais,
  Wilton de Medeiros Daher and A&#233;cio Ferreira da Cunha.</font></p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.6%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Director:</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="69%" valign="top" style="padding:0in 0in 0in 0in;width:69.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Jos&#233; Maria de Macedo.</font></p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.6%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Superintendents:</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="69%" valign="top" style="padding:0in 0in 0in 0in;width:69.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Ricardo Jos&#233; Charbel and
  Manoel Bernardino Soares.</font></p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.6%;">
  <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>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="69%" valign="top" style="padding:0in 0in 0in 0in;width:69.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.6%;">
  <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="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="69%" valign="top" style="padding:0in 0in 0in 0in;width:69.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Marcio Araujo de Lacerda,
  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, Jos&#233;
  Augusto Pimentel Pess&#244;a, Maria Estela Kubitschek Lopes, Wilton de Medeiros
  Daher, Guilherme Horta Gon&#231;alves J&#250;nior, Francisco de Assis Soares and Lauro
  S&#233;rgio Vasconcelos David.</font></p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.6%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">CEO and Vice-chairman:</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="69%" valign="top" style="padding:0in 0in 0in 0in;width:69.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Djalma Bastos de Morais.</font></p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.6%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Directors and Board
  members:</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="69%" valign="top" style="padding:0in 0in 0in 0in;width:69.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Fernando Henrique Schuffner
  Neto and Marco Antonio Rodrigues da Cunha.</font></p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.6%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Director:</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="69%" valign="top" style="padding:0in 0in 0in 0in;width:69.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Jos&#233; Maria de Macedo.</font></p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.6%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Superintendents:</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="69%" valign="top" style="padding:0in 0in 0in 0in;width:69.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Eduardo Luiz de Oliveira
  Ferreira, Ricardo Jos&#233; Charbel, Manoel Bernardino Soares.</font></p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.6%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Representative of
  PriceWaterhouseCoopers:</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="69%" valign="bottom" style="padding:0in 0in 0in 0in;width:69.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Manoel Ara&#250;jo.</font></p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.6%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Secretary:</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="69%" valign="top" style="padding:0in 0in 0in 0in;width:69.16%;">
  <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>
</table>

<p style="margin:0in 0in .0001pt .35in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Anamaria Pugedo Frade Barros</font></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="1" face="Times New Roman" style="font-size:9.0pt;">Av.Barbacena, 1200 - Santo
Agostinho - CEP 30190-131 - Belo Horizonte - MG - Brasil - Fax (0XX31)3506-5025
- - Tel.: (0XX31)3506-5024</font></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">34</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='34',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">14.</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; </font>Summary
of Minutes of the 431st Meeting of the Board of Directors, Companhia Energ&#233;tica
de Minas Gerais, May 8, 2008</p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">35</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='35',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman"><img width="594" height="38" src="g199921ba05i008.jpg"></font></p>

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

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

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

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

<p style="margin:0in .9in .0001pt .55in;text-indent:.65in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><b><u><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Summary of
minutes of the 431<sup>st</sup> meeting of the Board of Directors</font></u></b></p>

<p style="margin:0in .9in .0001pt .55in;text-indent:.65in;"><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;width:100.0%;">
 <tr>
  <td width="19%" valign="top" style="padding:0in 0in 0in 0in;width:19.16%;">
  <p style="margin:0in 0in .0001pt;"><b><u><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Date,
  time and place:</font></u></b></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="78%" valign="top" style="padding:0in 0in 0in 0in;width:78.34%;">
  <p style="margin:0in 27.0pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">May&nbsp;8,
  2008, at 9&nbsp;a.m. at the company&#146;s head office,</font></p>
  </td>
 </tr>
 <tr>
  <td width="19%" valign="top" style="padding:0in 0in 0in 0in;width:19.16%;">
  <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="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="78%" valign="top" style="padding:0in 0in 0in 0in;width:78.34%;">
  <p style="margin:0in 27.0pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Av.
  Barbacena 1200, 18<sup>th</sup> Floor, Belo Horizonte, Minas Gerais, Brazil.</font></p>
  </td>
 </tr>
 <tr>
  <td width="19%" valign="top" style="padding:0in 0in 0in 0in;width:19.16%;">
  <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="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="78%" valign="top" style="padding:0in 0in 0in 0in;width:78.34%;">
  <p style="margin:0in 27.0pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="19%" valign="top" style="padding:0in 0in 0in 0in;width:19.16%;">
  <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="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="78%" valign="top" style="padding:0in 0in 0in 0in;width:78.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Chairman: Djalma Bastos de
  Morais;</font></p>
  </td>
 </tr>
 <tr>
  <td width="19%" valign="top" style="padding:0in 0in 0in 0in;width:19.16%;">
  <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="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="78%" valign="top" style="padding:0in 0in 0in 0in;width:78.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Secretary: &nbsp;Anamaria Pugedo Frade Barros.</font></p>
  </td>
 </tr>
</table>

<p style="margin:0in 0in .0001pt 1.65in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

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

<p style="font-size:10.0pt;margin:0in .05in .0001pt 31.7pt;text-indent:-31.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">I -</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Chairman requested the Board members present to state whether any
of them had conflict of interest in relation to the matter on the agenda of
meeting, and all replied in the negative.</p>

<p style="margin:0in .05in .0001pt 31.7pt;text-indent:-31.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The Board approved</b> the minutes of this meeting.</p>

<p style="margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The Board authorized:</b></p>

<p style="margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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; </font>that the representative of Cemig in the
Extraordinary General Meeting of Stockholders of Empresa Amazonense de
Transmiss&#227;o de Energia S.A. &#150; EATE, to be held on May&nbsp;8, 2008, should vote
in favor of the approval of the participation of EATE in the consortium to be
formed with Cemig GT and Eletronorte, to compete in Lot D of Aneel Auction
004/2008, in which EATE would participate with at least 51%, and Cemig GT,
jointly with Eletronorte, with up to 49%; and,</p>

<p style="margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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; </font>that the representative of Cemig at the
Extraordinary General Meeting of Stockholders of Empresa Catarinense de
Transmiss&#227;o de Energia S.A. &#150; ECTE, to be held on May&nbsp;8, 2008, should vote
in favor of approval of the participation of ECTE in consortia to be formed
with Cemig GT to compete in Lots E, F, G, H, I, J and K of Aneel Auction
004/2008; and also in a consortium to be formed with Cemig GT and the BMG Group
to compete in Lot L; ECTE to participate with at least 51%, and Cemig GT,
jointly with the BMG Group, as the case maybe, with at least 49%.</p>

<p style="margin:0in .05in .0001pt 31.7pt;text-indent:-31.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in .05in .0001pt 31.7pt;text-indent:-31.7pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">IV -</font></b><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160; </font>The Board Member Wilton de Medeiros Daher <b>voted against</b> the matters relating to the
participation of Cemig GT in projects as minority stockholder, mentioned in
item III, above.</p>

<p style="margin:0in .05in .0001pt 31.7pt;text-indent:-31.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The following spoke </b>on general matters and business of interest to the Company:</p>

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

<table border="0" cellspacing="0" cellpadding="0" width="95%" style="border-collapse:collapse;margin-left:31.7pt;width:95.0%;">
 <tr>
  <td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.54%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Chairman</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.2%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.26%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.54%;">
  <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="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.2%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.26%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Andr&#233; Ara&#250;jo Filho,
  Britaldo Pedrosa Soares, Evandro Veiga Negr&#227;o de Lima and Wilton de Medeiros
  Daher.</font></p>
  </td>
 </tr>
 <tr>
  <td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.54%;">
  <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>
  <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.2%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.26%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.54%;">
  <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="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.2%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.26%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">A&#233;cio Ferreira da Cunha,
  Alexandre Heringer Lisboa, Andr&#233; Ara&#250;jo Filho, Ant&#244;nio Adriano Silva,
  Britaldo Pedrosa Soares, Evandro Veiga Negr&#227;o de Lima, Francelino Pereira dos
  Santos, Jo&#227;o Camilo Penna, Maria Estela Kubitschek Lopes, Wilton de Medeiros
  Daher and Paulo S&#233;rgio Machado Ribeiro.</font></p>
  </td>
 </tr>
 <tr>
  <td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.54%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Director and Board member:</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.2%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.26%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Fernando Henrique Sch&#252;ffner
  Neto.</font></p>
  </td>
 </tr>
 <tr>
  <td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.54%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">CEO and Vice-Chairman:</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.2%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.26%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Djalma Bastos de Morais.</font></p>
  </td>
 </tr>
 <tr>
  <td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.54%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Secretary:</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.2%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.26%;">
  <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>
</table>

<p style="margin:0in 0in .0001pt .35in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Anamaria Pugedo Frade Barros</font></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Av.Barbacena 1200,&nbsp;Santo
Agostinho,&nbsp;30190-131 Belo Horizonte, MG, Brazil.&nbsp;Tel.: +55-31
3506-5024. Fax: +55-31 3506-5025</font></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">36</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='36',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">15.</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; </font>Summary
of Minutes of the 432nd Meeting of the Board of Directors, Companhia Energ&#233;tica
de Minas Gerais, May 13, 2008</p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">37</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='37',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman"><img width="594" height="38" src="g199921ba05i008.jpg"></font></p>

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

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

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

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

<p style="margin:0in .9in .0001pt .55in;text-indent:.65in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>

<p style="margin:0in 0in .0001pt;"><b><u><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Summary of
minutes of the 432<sup>nd</sup> meeting of the Board of Directors</font></u></b></p>

<p style="margin:0in 0in .0001pt;"><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;width:100.0%;">
 <tr>
  <td width="18%" valign="top" style="padding:0in 0in 0in 0in;width:18.92%;">
  <p style="margin:0in 0in .0001pt;"><b><u><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Date,
  time and place:</font></u></b></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.76%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="78%" valign="top" style="padding:0in 0in 0in 0in;width:78.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">May&nbsp;13, 2008, at
  9.30&nbsp;a.m. at the company&#146;s head office,</font></p>
  </td>
 </tr>
 <tr>
  <td width="18%" valign="top" style="padding:0in 0in 0in 0in;width:18.92%;">
  <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="bottom" style="padding:0in 0in 0in 0in;width:2.76%;">
  <p style="margin:0in .15in .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="78%" valign="top" style="padding:0in 0in 0in 0in;width:78.34%;">
  <p style="margin:0in .15in .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Av.
  Barbacena 1200, 18<sup>th</sup> Floor, Belo Horizonte, Minas Gerais, Brazil.</font></p>
  </td>
 </tr>
 <tr>
  <td width="18%" valign="top" style="padding:0in 0in 0in 0in;width:18.92%;">
  <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="bottom" style="padding:0in 0in 0in 0in;width:2.76%;">
  <p style="margin:0in .15in .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="78%" valign="top" style="padding:0in 0in 0in 0in;width:78.34%;">
  <p style="margin:0in .15in .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="18%" valign="top" style="padding:0in 0in 0in 0in;width:18.92%;">
  <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="bottom" style="padding:0in 0in 0in 0in;width:2.76%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="78%" valign="top" style="padding:0in 0in 0in 0in;width:78.34%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Chairman: Marcio Ara&#250;jo de
  Lacerda;</font></p>
  </td>
 </tr>
 <tr>
  <td width="18%" valign="top" style="padding:0in 0in 0in 0in;width:18.92%;">
  <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="bottom" style="padding:0in 0in 0in 0in;width:2.76%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="78%" valign="top" style="padding:0in 0in 0in 0in;width:78.34%;">
  <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="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The Chairman requested</b> the Board members present to state whether any of them had conflict of
interest in relation to the matter on the agenda of meeting, and all replied in
the negative.</p>

<p style="margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The Board approved:</b></p>

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt 60.5pt;text-indent:-.4in;"><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; </font>The proposal by Board Member Marcio Ara&#250;jo de
Lacerda, to restructure the Committees of the Board of Directors to be formed
as follows:</p>

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

<table border="0" cellspacing="0" cellpadding="0" width="88%" style="border-collapse:collapse;margin-left:60.5pt;width:88.0%;">
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.18%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Board of Directors Support<br>
  Committee: </font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.7%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="70%" valign="top" style="padding:0in 0in 0in 0in;width:70.14%;">
  <p style="font-size:10.0pt;margin:0in .1in .0001pt 0in;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">Fernando
  Henrique Sch&#252;ffner Neto (Coordinator), A&#233;cio Ferreira da</font>  </font>Cunha, Alexandre Heringer Lisboa, Andr&#233;a Leandro
  Silva, Paulo S&#233;rgio Machado
  Ribeiro, Lauro S&#233;rgio Vasconcelos David, Marco Antonio Rodrigues da Cunha,
  Jo&#227;o Camilo Penna and Guy Maria Villela Paschoal. </p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.18%;">
  <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="bottom" style="padding:0in 0in 0in 0in;width:2.7%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="70%" valign="top" style="padding:0in 0in 0in 0in;width:70.14%;">
  <p style="margin:0in .1in .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.18%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Governance Committee: </font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.7%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="70%" valign="top" style="padding:0in 0in 0in 0in;width:70.14%;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">Marcio Ara&#250;jo de Lacerda
  (Coordinator), Britaldo Pedrosa Soares,</font>  </font>Djalma Bastos de Morais
  and Wilton de Medeiros Daher. </p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.18%;">
  <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="bottom" style="padding:0in 0in 0in 0in;width:2.7%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="70%" valign="top" style="padding:0in 0in 0in 0in;width:70.14%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.18%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Human Resources Committee: </font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.7%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="70%" valign="top" style="padding:0in 0in 0in 0in;width:70.14%;">
  <p style="font-size:10.0pt;margin:0in .1in .0001pt 0in;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">Jo&#227;o
  Camilo Penna (Coordinator), Alexandre Heringer Lisboa,</font>  </font>Evandro Veiga Negr&#227;o de Lima and Lauro
  S&#233;rgio Vasconcelos David. </p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.18%;">
  <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="bottom" style="padding:0in 0in 0in 0in;width:2.7%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="70%" valign="top" style="padding:0in 0in 0in 0in;width:70.14%;">
  <p style="margin:0in .1in .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.18%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Strategy Committee: </font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.7%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="70%" valign="top" style="padding:0in 0in 0in 0in;width:70.14%;">
  <p style="font-size:10.0pt;margin:0in .1in .0001pt 0in;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">Jos&#233;
  Castelo Branco da Cruz (Coordinator), A&#233;cio Ferreira da</font>  </font>Cunha, Evandro Veiga Negr&#227;o de Lima, Paulo
  S&#233;rgio Machado Ribeiro, Jeffery Atwood Safford, Lauro S&#233;rgio Vasconcelos
  David and Marco Antonio Rodrigues da Cunha. </p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.18%;">
  <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="bottom" style="padding:0in 0in 0in 0in;width:2.7%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="70%" valign="top" style="padding:0in 0in 0in 0in;width:70.14%;">
  <p style="margin:0in .1in .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.18%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Financial Committee: </font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.7%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="70%" valign="top" style="padding:0in 0in 0in 0in;width:70.14%;">
  <p style="font-size:10.0pt;margin:0in .1in .0001pt 0in;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">Jeffery
  Atwood Safford (Coordinator), Alexandre Heringer Lisboa,</font>  </font>Andr&#233;a Leandro Silva, Fernando Henrique
  Sch&#252;ffner Neto and Lauro S&#233;rgio Vasconcelos David. </p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.18%;">
  <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="bottom" style="padding:0in 0in 0in 0in;width:2.7%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="70%" valign="top" style="padding:0in 0in 0in 0in;width:70.14%;">
  <p style="margin:0in .1in .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.18%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Audit and Risks Committee </font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.7%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="70%" valign="top" style="padding:0in 0in 0in 0in;width:70.14%;">
  <p style="font-size:10.0pt;margin:0in .1in .0001pt 0in;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">Evandro
  Veiga Negr&#227;o de Lima (Coordinator), Francelino Pereira</font>  </font>dos Santos, Airton Ribeiro de Matos and
  Lauro S&#233;rgio Vasconcelos David. </p>
  </td>
 </tr>
</table>

<p style="margin:0in .1in .0001pt 2.75in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 60.5pt;text-indent:-.4in;"><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; </font>The Rules&nbsp;for Qualification of Banking
Institutions, for the purpose of provision of banking services to Cemig and its
wholly-owned and jointly-controlled subsidiaries, defining the criteria, price
and conditions for said qualifications; and also authorized the opening of
administrative qualification proceedings and the signing of the respective
contracts with those institutions that are qualified, for a period of sixty
months.</p>

<p style="margin:0in 0in .0001pt 60.5pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 60.5pt;text-indent:-.4in;"><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; </font>Opening of Administrative Tender Proceedings,
and also contracting of services, for centralization of the companies&#146; cash
position with assignment of physical space in its facilities for the opening of
Bank Branch Offices (PABs), for a period of sixty months.</p>

<p style="margin:0in 0in .0001pt 60.5pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 60.5pt;text-indent:-.4in;"><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; </font>The minutes of this meeting.</p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Av.Barbacena
1200,&nbsp;&nbsp;&nbsp;Santo Agostinho,&nbsp;&nbsp;&nbsp;30190-131 Belo
Horizonte, MG, Brazil.&nbsp;&nbsp;&nbsp;Tel.: +55-31 3506-5024. Fax: +55-31
3506-5025</font></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">38</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='38',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The Board authorized:</b></p>

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt 60.5pt;text-indent:-.4in;"><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; </font>Concession of a corporate guarantee, in the
form of a guarantee made by Cemig, for lending transactions in the
agro-industrial credit mode, the funds to be used in the purchase of energy for
resale to rural consumers, or in the payment of debts contracted with Banco do
Nordeste do Brasil S.A. and Banco do Brasil S.A.;</p>

<p style="margin:0in 0in .0001pt 60.5pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 60.5pt;text-indent:-.4in;"><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; </font>Opening of Administrative Tender Proceedings,
and also contracting of third party liability insurance for members of the
Board of Directors and the Audit Board, members of the Executive Board, and
employees who legally act by delegation of the Managers (D&amp;O), for coverage
of court expenses and costs, fees of counsel and indemnities rising from legal
and administrative proceedings, whether on plaintiff or defendant side, during
or after their respective periods of office, arising from facts or events
related to the exercise of their own functions such as do not violate
provisions of law or of the bylaws, for a period of twelve months, extendible
for up to forty-eight months, with a maximum limit of sixty months, canceling
CRCA-057/2005.</p>

<p style="margin:0in 0in .0001pt 60.5pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 60.5pt;text-indent:-.4in;"><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; </font>Signing of an Association Contract with
Neoenergia S.A., with validity up to December&nbsp;31, 2008 or until its
objectives are achieved by implementation of all the measures and actions
specified in it, whichever is the earlier, with a view to establishing:</p>

<p style="margin:0in 0in .0001pt .8in;text-indent:-.35in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt 1.15in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">commitment
of the Parties to present, jointly, a binding proposal in the process of
disposal of a company controlling companies located in Chile;</font></p>

<p style="margin:0in 0in .0001pt 1.15in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt 1.15in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">commitment
of the Parties to constitute a Special-purpose Company, if necessary as a result
of the structure of the acquisition, jointly with Neoenergia S.A.;</font></p>

<p style="margin:0in 0in .0001pt 1.15in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt 1.15in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">the
relationship between the partners of the SPC in carrying out of the business of
the company to be acquired, if the binding proposal presented by the parties in
the proceedings is the winning bid;</font></p>

<p style="margin:0in 0in .0001pt 1.15in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt 1.15in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">obligation
for exclusivity for a period of two years following the termination of the
period of validity of the Contract, during which neither Party or any of its
affiliates shall negotiate, contract or present any bid, offer or proposal
whatsoever, in relation to acquisition in whole or in part of the shares of the
company to be acquired; and</font></p>

<p style="margin:0in 0in .0001pt 1.15in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt 1.15in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">obligation
for confidentiality for a period of two years following the termination of the
validity of the Contract;</font></p>

<p style="margin:0in 0in .0001pt 1.15in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 60.5pt;text-indent:-.4in;"><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; </font>Constitution jointly with Neoenergia S.A. of
a Special-purpose Company, for the purposes of the acquisition mentioned in
sub-item &#147;c&#148; of this item, in which Cemig will have 49%, if the SPC is
constituted in Brazil, or 50%, if the SPC is constituted in Chile.</p>

<p style="margin:0in 0in .0001pt 60.5pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 60.5pt;text-indent:-.4in;"><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; </font>Signing of the Stockholders&#146; Agreement
between Cemig and Neoenergia S.A., the purpose of which is to regulate the
relationships, as stockholders, in relation to: the exercise of the right to
vote in the SPC mentioned in sub-item &#147;d&#148; of this item III; negotiation, by the
Parties, of shares, subscription rights or securities convertible into shares;
and the election of managers; and,</p>

<p style="margin:0in 0in .0001pt 60.5pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 60.5pt;text-indent:-.4in;"><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; </font>Allocation of a budget supplement for
realization of all expenses on consultants for the carrying out of due
diligence and on the team of Cemig that will accompany the project mentioned in
sub-item &#147;c&#148; of this item III.</p>

<p style="margin:0in 0in .0001pt .8in;text-indent:-.35in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160; </font></b><b>The Board cancelled</b> the assignment of the employee Luiz Afonso Vaz de Oliveira to the
Minas Gerais State Agriculture, Cattle Raising and Supply Department (SEAPA),
for a period of one year extendible for the same period.</p>

<p style="margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The Board ratified:</b></p>

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt 60.5pt;text-indent:-.4in;"><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; </font>Appointment of members of the Executive Board
of Cemig for the concomitant non-remunerated exercise of functions on the
Executive Board and Board of Directors of the following companies, for periods
of office of three years, to begin in 2008, ending</p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">39</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='39',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p style="margin:0in .05in .0001pt 60.5pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">in 2011: Cemig Trading S.A.,
Central Hidrel&#233;trica Pai Joaquim S.A., Central Termel&#233;trica de Cogera&#231;&#227;o S.A.,
Efficientia S.A. and Empresa de Infovias S.A.;</font></p>

<p style="margin:0in .05in .0001pt .75in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 60.5pt;text-indent:-.4in;"><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; </font>Appointment of members of the Executive Board
of Cemig to concomitant and non-remunerated exercise of functions on the Board
of Directors of Rio Minas Energia S.A. &#150; RME, Light S.A. and Light Servi&#231;os de
Eletricidade S.A., with period of office up to the Ordinary General Meeting of
Stockholders of 2010;</p>

<p style="margin:0in 0in .0001pt 60.5pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 60.5pt;text-indent:-.4in;"><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; </font>Affirmative vote by the representatives of
Cemig in the Extraordinary General Meeting of Stockholders of Transchile
Charr&#250;a Transmisi&#243;n S.A. in relation to the increase of capital of the same
amount, equivalent in Chilean pesos, to US$5,440,000.00, upon issuance of new
shares, the value for Cemig being US$2,665,600.00; approval of the price of
placement of the shares to be issued at the time of the increase of capital;
the respective changes to the bylaws; the statement on the rights and option
for subscription of new shares; and delegation of powers to the board (<i>Directorio</i>) for issuance and placement of the new shares.</p>

<p style="margin:0in 0in .0001pt 60.5pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 60.5pt;text-indent:-.4in;"><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; </font>The votes in favor by the members of the
Board of Directors of Gasmig, appointed by the stockholder Cemig, who
participated in the Prior Meeting to the 83rd meeting of that Board and of the
representative of the company in the Extraordinary General Meeting of
Stockholders of Gasmig held on April&nbsp;29, 2008, as to the proposal for
increase of the registered capital of Gasmig to four hundred and seventy-four
million, four hundred and ninety-seven thousand two hundred and six Reais and
forty centavos, through issuance of one hundred and ninety-two million eight hundred
and five thousand, eight hundred and ninety-three new shares, with issue price
of R$ 1.6588725703 each.</p>

<p style="margin:0in .05in .0001pt .8in;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 60.5pt;text-indent:-.4in;"><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; </font>The votes, at the Extraordinary General
Meeting of Stockholders of Empresa de Infovias S.A. held on December&nbsp;26,
2007 and January&nbsp;14, 2008, cast in favor of:</p>

<p style="margin:0in .05in .0001pt .8in;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 89.3pt;text-indent:-.4in;"><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;&#160;&#160;&#160;&#160; </font>Alteration of Clauses 25 and 26 and inclusion
of four new Clauses 27, 28, 29 and 30 of the Bylaws, on the Business year,
Financial Statements and Dividends, in accordance with the drafting below, to
enable the raising of intermediate financial statements; to provide for the
declaration of intermediate dividends in the form of Interest on Equity; to
change the form of allocation of the net profits; to establish the order of
distribution and form of payment of the dividends; and to ensure the
participation of the employees in the company&#146;s profits and economic results;</p>

<p style="margin:0in .05in .0001pt 1.2in;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 89.3pt;text-indent:-.4in;"><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;&#160;&#160;&#160;&#160; </font>Re-numbering of the former Clauses 27, 28 and
29 of the Bylaws in effect, to 31, 32 and 33, respectively;</p>

<p style="margin:0in 0in .0001pt 89.3pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 89.3pt;text-indent:-.4in;"><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;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Reduction of the capital of Empresa de
Infovias S.A., upon absorption of the balances of the accumulated losses
recorded in the accounting statements for the year ended December&nbsp;31, 2006
in the amount of eighty million nine hundred and thirty-nine thousand nine
hundred and eighty-nine Reais and four centavos, without any alternation of the
number of shares issued by the company; and alteration of the drafting of
Clause 5 of the Bylaws to reflect the new registered capital of the company
that will now be three hundred million, eighty-three thousand three hundred ninety-five
Reais and ninety-six centavos; and,</p>

<p style="margin:0in 0in .0001pt 89.3pt;text-indent:-.4in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 89.3pt;text-indent:-.4in;"><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;&#160;&#160;&#160;&#160; </font>Reduction of the company&#146;s registered capital
as proposed by the stockholder Cemig, because of its being excessive, without
any alteration of the number of shares issued by the company, to two hundred
and twenty-five million eighty-one thousand eight hundred and sixty-five Reais
and seventy-one centavos, consequently changing the drafting of Clause 5 of the
Bylaws.</p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">40</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='40',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160; </font></b><b>The Board re-ratified</b> CRCA-053/2007, changing the condition mentioned in sub-item &#147;c&#148;, to
make possible payment in kind, to Forluz, of the real estate property situated
at Av. Barbacena, 1219, in Belo Horizonte-MG.</p>

<p style="margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160; </font></b>The
Board Member Wilton de Medeiros Daher <b>voted
against</b> the proposal on the initial measures to enable the proposal
for acquisition of a Company, mentioned in item III, sub-items &#147;c&#148;, &#147;d&#148;, &#147;e&#148;
and &#147;f&#148;, above.</p>

<p style="margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160; </font></b><b>The Chairman called</b> the Board Members to a meeting to be held on May&nbsp;15, 2008 at 9.30
am.</p>

<p style="margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160; </font></b><b>The following spoke</b> on general matters and business of interest to the Company:</p>

<p style="margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="92%" style="border-collapse:collapse;margin-left:31.7pt;width:92.0%;">
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.6%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Chairman</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="69%" valign="top" style="padding:0in 0in 0in 0in;width:69.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.6%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">CEO and Vice-Chairman:</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="69%" valign="top" style="padding:0in 0in 0in 0in;width:69.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Djalma Bastos de Morais</font></p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.6%;">
  <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="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="69%" valign="top" style="padding:0in 0in 0in 0in;width:69.16%;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">Andr&#233; Ara&#250;jo Filho,
  Britaldo Pedrosa Soares, Evandro Veiga Negr&#227;o de Lima,</font>  </font>Jos&#233; Castelo Branco da Cruz, Roberto Pinto
  Ferreira Mameri Abdenur, Wilton de Medeiros Daher e Jo&#227;o Camilo Penna; </p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.6%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Directors:</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="69%" valign="top" style="padding:0in 0in 0in 0in;width:69.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Jos&#233; Carlos de Mattos and
  Luiz Fernando Rolla</font></p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.6%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Superintendents:</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="69%" valign="top" style="padding:0in 0in 0in 0in;width:69.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Luiz Felipe da Silva Veloso</font></p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.6%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="69%" valign="top" style="padding:0in 0in 0in 0in;width:69.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.6%;">
  <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>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="69%" valign="top" style="padding:0in 0in 0in 0in;width:69.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.6%;">
  <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="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="69%" valign="top" style="padding:0in 0in 0in 0in;width:69.16%;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">Marcio Araujo de Lacerda,
  A&#233;cio Ferreira da Cunha, Alexandre Heringer Lisboa, Andr&#233; Ara&#250;jo Filho,
  Ant&#244;nio Adriano Silva, Britaldo Pedrosa Soares, Evandro Veiga </font>Negr&#227;o
  de</font> Lima, Francelino Pereira dos
  Santos, Jo&#227;o Camilo Penna, Jos&#233; Castelo Branco da Cruz, Maria Estela
  Kubitschek Lopes, Roberto Pinto Ferreira Mameri Abdenur, Wilton de Medeiros
  Daher, Paulo S&#233;rgio Machado Ribeiro, Franklin Moreira Gon&#231;alves, Guy Maria
  Villela Paschoal, Jeffery Atwood Safford, Lauro S&#233;rgio Vasconcelos David and
  Maria Am&#225;lia Delfim de Melo Coutrim</p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.6%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">CEO and Vice-Chairman:</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="69%" valign="top" style="padding:0in 0in 0in 0in;width:69.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Djalma Bastos de Morais</font></p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.6%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Directors:</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="69%" valign="top" style="padding:0in 0in 0in 0in;width:69.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Jos&#233; Carlos de Mattos and
  Luiz Fernando Rolla</font></p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.6%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Director and Board Member:</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="69%" valign="top" style="padding:0in 0in 0in 0in;width:69.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Fernando Henrique Sch&#252;ffner
  Neto</font></p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.6%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Superintendent:</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="69%" valign="top" style="padding:0in 0in 0in 0in;width:69.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Luiz Felipe da Silva
  Veloso; and</font></p>
  </td>
 </tr>
 <tr>
  <td width="27%" valign="top" style="padding:0in 0in 0in 0in;width:27.6%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Secretary:</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.24%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="69%" valign="top" style="padding:0in 0in 0in 0in;width:69.16%;">
  <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>
</table>

<p style="margin:0in 0in .0001pt .45in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Anamaria Pugedo Frade Barros</font></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">41</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='41',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">16.</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; </font>Summary
of Minutes of the 433rd Meeting of the Board of Directors, Companhia Energ&#233;tica
de Minas Gerais, May 15, 2008</p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">42</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='42',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


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


<div style="font-family:Times New Roman;">

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman"><img width="594" height="38" src="g199921ba05i008.jpg"></font></p>

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

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

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

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

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

<p style="margin:0in 0in .0001pt;"><b><u><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Summary of
minutes of the 433<sup>rd</sup> meeting of the Board of Directors</font></u></b></p>

<p style="margin:0in 0in .0001pt;"><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;width:100.0%;">
 <tr>
  <td width="19%" valign="top" style="padding:0in 0in 0in 0in;width:19.0%;">
  <p style="margin:0in 0in .0001pt;"><b><u><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Date,
  time and place: </font></u></b></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.84%;">
  <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 0in 0in 0in;width:79.16%;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">May&nbsp;15, 2008, at
  9.30&nbsp;a.m. at the company&#146;s head office,</font><br>
  </font>Av. Barbacena 1200, 18<sup>th</sup>
  Floor, Belo Horizonte, Minas Gerais, Brazil. </p>
  </td>
 </tr>
 <tr>
  <td width="19%" valign="top" style="padding:0in 0in 0in 0in;width:19.0%;">
  <p style="margin:0in .15in .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.84%;">
  <p style="margin:0in .15in .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.16%;">
  <p style="margin:0in .15in .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="19%" valign="top" style="padding:0in 0in 0in 0in;width:19.0%;">
  <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="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.84%;">
  <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 0in 0in 0in;width:79.16%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Chairman: Djalma Bastos de
  Morais;<br>
  Secretary: Anamaria Pugedo Frade Barros.</font></p>
  </td>
 </tr>
</table>

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

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

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The Chairman requested</b> the Board members present to state whether any of them had conflict of
interest in relation to the matter on the agenda of meeting, and all replied in
the negative.</p>

<p style="margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The Board approved</b> the minutes of this meeting.</p>

<p style="margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The Board authorized</b> the signing of the Commitment Undertaking with the federal government,
through the Mining and Energy Ministry as intermediary, and the State of Minas
Gerais, with Cemig, Aneel and Eletrobr&#225;s as consenting parties, and period of
validity up to April&nbsp;30, 2009, for the establishment of the premises for
the implantation of the National Program for Universalization of Access and Use
of Electricity &#150; <i>Luz para Todos</i>
(&#147;Light for Everyone&#148;) in the area of concession or operation of Cemig D in the
state of Minas Gerais, providing access to electricity to fifty-five thousand
new consumers in the rural area.</p>

<p style="margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">IV -</font></b> <font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160; </font>Board Member Wilton de Medeiros Daher <b>abstained</b> from voting on the matter
mentioned in item III, above.</p>

<p style="margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><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:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b>The following spoke</b> on general matters and business of interest to the Company:</p>

<p style="margin:0in 0in .0001pt 31.7pt;text-indent:-31.7pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="95%" style="border-collapse:collapse;margin-left:31.7pt;width:95.0%;">
 <tr>
  <td width="25%" valign="top" style="padding:0in 0in 0in 0in;width:25.84%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">CEO and Vice-Chairman:</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.44%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.7%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Djalma Bastos de Morais</font></p>
  </td>
 </tr>
 <tr>
  <td width="25%" valign="top" style="padding:0in 0in 0in 0in;width:25.84%;">
  <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="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.44%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.7%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Britaldo Pedrosa Soares,
  Evandro Veiga Negr&#227;o de Lima and Jos&#233; Castelo Branco da Cruz</font></p>
  </td>
 </tr>
 <tr>
  <td width="25%" valign="top" style="padding:0in 0in 0in 0in;width:25.84%;">
  <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="bottom" style="padding:0in 0in 0in 0in;width:2.44%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.7%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="25%" valign="top" style="padding:0in 0in 0in 0in;width:25.84%;">
  <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>
  <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.44%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.7%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="25%" valign="top" style="padding:0in 0in 0in 0in;width:25.84%;">
  <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="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.44%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.7%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">A&#233;cio Ferreira da Cunha,
  Alexandre Heringer Lisboa, Ant&#244;nio Adriano Silva, Britaldo Pedrosa Soares,
  Evandro Veiga Negr&#227;o de Lima, Francelino Pereira dos Santos, Jo&#227;o Camilo
  Penna, Jos&#233; Castelo Branco da Cruz, Maria Estela Kubitschek Lopes, Wilton de
  Medeiros Daher and Paulo S&#233;rgio Machado Ribeiro</font></p>
  </td>
 </tr>
 <tr>
  <td width="25%" valign="top" style="padding:0in 0in 0in 0in;width:25.84%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">CEO and Vice-Chairman:</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.44%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.7%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Djalma Bastos de Morais,
  and</font></p>
  </td>
 </tr>
 <tr>
  <td width="25%" valign="top" style="padding:0in 0in 0in 0in;width:25.84%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Secretary:</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.44%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.7%;">
  <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>
</table>

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

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Anamaria Pugedo Frade Barros</font></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Av.Barbacena
1200,&nbsp;Santo Agostinho,&nbsp;30190-131 Belo Horizonte, MG, Brazil.&nbsp;Tel.:
+55-31 3506-5024. Fax: +55-31 3506-5025</font></p>

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

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">43</font></p>

<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='43',FILE='C:\JMS\jtaylora\08-19992-1\task3055424\19992-1-ba-05.htm',USER='jtaylora',CD='Jul 30 14:39 2008' -->


</body>

</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>g199921ba03i001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g199921ba03i001.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``H'!P@'!@H("`@+"@H+#A@0#@T-
M#AT5%A$8(Q\E)"(?(B$F*S<O)BDT*2$B,$$Q-#D[/CX^)2Y$24,\2#<]/CO_
MVP!#`0H+"PX-#AP0$!P[*"(H.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[
M.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SO_P``1"``F`D`#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#T/Q=XQM/"
MMJN]//NY@?)A!Q^)/85YA<?$_P`433%TO(8%SD1I"N!^>35?Q7-/K7CZZAE?
M_EZ%LG^RH;:*]ITW0=+TFR2TM+.)(U&"2@);W)[F@X;U*TGRNR1Q/@SXC76I
MO<V^KQQL8+=IQ/$NW(7J&'0>U<U<?%7Q)).[PO;01D_+'Y(;:/J>M==\0DTW
MP]X6N(]/LX+:?4I!$QB0`L.K?H/UKG?AO:6]O;7NKW5JEP&86\*NH(S]YCS^
M%9U:D*4'.;LD'+6G4C1C+4HI\5/$ZR*S36L@!Y0P#YO;BMOQC\0]7L[^VM=,
M9+4K;QRSAHPS!V&=ISZ`BNOL[_39)B)-+MHMJE@ZQKQ@9]/:O$=3O9=7U:[O
MV#,T\C2GV7/'Y#%1A\12Q$.>F[H,3"MAERSEJSWC0=>35?"L&L2[0?)+3!>`
MK+][^5>=:-\3M7G\30F]DC_L^XEV&$1@>6I.`0>O&161I/B<V/@35M&WD2S2
M+Y/LK</C\OUKF3'(L2R[6",2%;L2.O\`,5N8U,1)J+B_4]_\9:O<:%X7N[^U
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M`(&<$'M@5Z#0>A3G&<;ID=Q<0VEM)<W$BQ0Q(7=V.`J@9)-8-IX[T&]MKRXC
MGF1;.#[3(LL#HS0]I%!&64^HJ]XFTJ37/#6H:7#(L<EU`T:,W0$CC/M7(75_
M>ZGH&I:;=V^DV$BZ8;2,->Q-+)-C!`(.%C]CSF@T.EU/QIHFDM`MU-*3-"+C
M]U`S^7$?XWP/E7W-;/VF#[+]K\U/(V>9YF?EVXSG/IBO,]32\LY+J;2-0M))
MM0TVWM_,COH%:VEB!X.\X9&SSCFNAN-0AU3PU)H5UJ%E$\^EB.2[^V1[1,5V
ME=H.>O.1Q0!K:)XLTGQ!</;V,DWF+&)56:%H_,C)P'7</F7/<5?U34[31M-G
MU&_E$5M;IOD<C.!].Y[5A>$KW4;T1QW%A9006=JD!FBN4F>208SM*DX3`S@X
M/-1^.FT[6/#U[HRZQ8VU[E'1)YU4!E8.`P]#C]:`+,?CK2&L-0NYH[RV.G(D
MEQ!/`5E"/]U@O<&G:MXVTC1[Q[6=;J9X8EFN&MX#(MNC=&<CI^IKF=8UFX\1
M>'-9M[B71[)[B"..U@^W1M(S`Y8LX.-OH*I:Y)/!J>L76A:S9LVK10E)H=1B
MB:WDB4KAMV=R'VH`]2C=98UD1@RN`RD=P:YS6?'VBZ%J<FGW@N?.C`+&./*\
MC(YSZ5I:/JUE>VT%O'J-M<W2PKYJQ3*YR`,GCWKQ[XG2%/'=XN`RE(L@_P"X
M*UI0YY6,*]24(7B=\?BUX95BI%[D?],/_KTG_"V_#'I>_P#?C_Z]>,OB0DK@
M(.N1T^E1>62I9?F4=?:NE4('$L7,^E]+U*WU?3(-1M=WD7";TWC!Q[BK?7I7
M`H2OP24@D$6'4'_:K6^&Y+>![$LQ)S)R3G^,USRIV@Y>=COC4O)1\KG445SM
M[K^KOJEQ8Z+HHNQ:[1---,(EW$9PN>M5-"\:7.M/J-@-+$.JV(/^CM*-CD'!
M&[M@TO92M<?M(WL=9D'H11D>HKRSX8W&H'Q-JBB`/&[?Z0S2_P"I.YL8'?GB
MKXU"TNM+\3):Z>+22)?GD65F,GSGUZ?AZU->'L9<M[F#Q244[;W_``^1Z+UH
MKSG0/$.HZ+X3BN1IGVBRCE(>=I@&R6[#T[5T.J^,[>QTFQO+>V>XDU`?N8\X
MQTSD_4XK%35KA#%TY0YGII?^NYTM%<K'XNO+76K;3-8TH6C76!&Z2[QDG`S^
M/%,7QP+/5[W3]8M5M3;JS1NK$B3'(Z^HZ4^=%?6J75VZ'6U4U+4(=,M&N9VP
MHX`'5CV`JKX>U.[U?3%OKJT6V$IS$@8DE>Q/UK#\=2-YUI&<[0K,/K73AJ:K
M5%%[,V4U*/,BE<>+M6EE+1,D*=D5`<?4FM#2/%\CS+!J)1@QP)D7&#[BN3S\
MO7/Z4G?&<#OQ7ORPE&4>7EL3S,]8R?6C<:R=/U+9I=IYX+2&!23D#/;O]*D.
MM1>9Y2P2L_HN/;G]3^5?/NC*[5C:Z-+<:,FL\:Q`1DQ2@'IQU_SUJ6'4H9KH
M0*KACGJ.F/\`)_*DZ<ET"Z+U%4-;UFST#2IM2OGVPPCH.K'L![DUYSI7Q.US
MQ%XG@LK*UM+2S9B\AE4NRQ+RS$Y`S@?G2C3E)71G*<8NS/5"0!DG`'>HUN8'
M;:L\;-Z!P37GTOBP^(+J6)"T42$F.//#+ZGWIN,'(XKY_&9K/#5G2=/;NR(U
MHS5XZH](HKF?#VL2M,+*Y<N&'[MCU!]*S/%=W%!K]VL][=V[C3%:R%NS[C-O
M;[H'!/0<UZN#Q$,7#G@:<VESN:*X1/$VOP7]O9W7EQW2FUC-F827N0ZCS)`W
M0;23[#:<U%+XN\0PEU-O&[0NUA)B$\W1)\MQ_L8`)^M=GLI"YT>@45S6O7L\
M.JZ)9PRM+=B1Y988LCS%$3<GVW8K%M_%FM3:?,\,\%S(8;=VD6V*BUE>4(T3
M#/S8!)]>.:2IMJX.:1W]%<%J'BC7K.$0;X0\=U<0F[>((CE-I0$$X&=QZ?W>
M*UM*UR_N?%=QIMVR%!")$2W0,L?"Y#MU#9)QQ@BATVE<%-'3T445F6%%%%`!
M1110`5DZG=W$%SMBF"#9G!Q_6M:L36`WVO@'&SL#03+8A.H7>3_I(XS_`'?1
MO?V%,EU>>#<9+L+UQP#W/I^%9VHWCVW[M<B1N<D=!\P[_6L5G&XECEFY]S7F
M8K'^RER05V8.;6ATG_"2';_Q]29S_P`\OI_]>I;;7);MPL-R2%'SEE"CMQR>
M>]<KAF^]P/05T6G1/%90*%/)+=#WVU&$Q=6O4Y96^01DV6==\9V_AVYTBTN;
M::>34WV(\9&%.5&3G_>JAXC^)=AH6L/I%MIMYJ=[&`9([=>$XSU[G\*P/B7_
M`,A_P9_U\?\`LT=/\4^%/$FB^);[Q?X7NX6WH7G@;&X`#+<'@CC..#7JG2C>
MO_B1::=X6L=>N-+O%2\E,0MS@.A&>N?I3_#GQ`3Q%JZ:>NA:E9[T9_.N(\(,
M=L^]<!XR\3R^+?AOI6I30K#.NH&*0)]TL%/(]CD5Z#X8B\<K?HVOW.G2:?Y)
MPMNF'W<;?ZT#.#^(VA7&B^)FU6$-]GO)/.23^[)U(_K76:3\6-(FL%.J)-;W
M2K\X1-RN?5?\#77WD>FZH9M)NUBN"8P\D#<D*3@'VY%</=?#?PI)))+#JEQ;
M1QSB!T$@8+(<87)&<\C\Z9Q.E4A)RI]3D?&7BN7QCJD$5I;R+;Q'9!$>7=CW
M('<\<5UMGK>@>"-&@\/:HDMQ=@>=<K"FX([<XSD<@8Z5T&D^%O#7A.19XE`N
M""!/.^YN!DX[#CTJ+Q!\/='\0ZC]OEFGMYY``YA88?`ZX(/-*45)6DKH(TZL
M&ZB?O'*ZYX^T&?0[NUTBSN8KNXC\L/(H`4'KSD]LU6^&'A]-475KBX7]TUN;
M5"1W;J1[@`?G6Q=_"WP[80>==:M>1Q[@N3M.2>`.%ZUV/AO2=-T72([;2]Q@
M<F3>Y.YR>"3GZ5,*<*:Y8*R\AJ%6I44ZO0^?+FWDL[F6VF&V2%RC`]B#BN_U
MOPO]F^%.GW.S$]NPN9/I)@'_`-E_*NNU+X=:#JFM'59O.5I&WRQ)(`DC>I[_
M`%Q70W4%E?6LVG7"(\+QA7C/`VG@?RJS.GA6N:_78\:TO4C+\-=:TQCDV\T4
MJ?[K.`?U'ZU/X/T-_$'A+7K*'_7AXI8<GJR[N/Q&17>0>`_#FCZ5J$+F7R+M
M`LTDLO*J#D8],'FM3PWX8T_PO9R6UB7<R-NEDD8%F/;ITH''#RNN;M8\G\&>
M+CX4N;FRO[5I;.=L31X^>-AP>#U]"*M^(];\$M92)HFA(UW*/];(A18\]P,]
M?TKN=2\->%?&,\DX.+I5RTT!*,1V)!&&Z=:IV?PH\/6TF^XFNKL`_<>0*OT.
MT`T"]C52Y%9HYCX5:!-=ZT=8D0BVM%*HQ'#R$8X^@->P56LQ901BRLUCC2!<
M")!@*,D=/J#5F@ZJ5-4X\H5\[W>A7HUGS)="O'\K5;B:0BP9_,B9AMYQR.&_
M.OHBO%3K>M::52;4;J2VU?51]F<RDF)XKK:\8]%*8./:@U.4CT74XS;[?#MX
MK+;21R8L"5+;?D."N0V[KSCI]*?'H>H^6A;0;Q9!9-'_`,@YCB4X^;[OMUYK
MTVT@UT^,+KPR=5D6QL6;48YVE)D*."(XF/=5?)/J`!6#?ZE?:)X8UW2[V>\C
MUV.R2X-['?M+%<)YJKO7GY#SC&!0!T/PDLIK2UUEWTN?38IKM6BAFC*'&P`D
M`]LY^E<)XZT:ZNO%'B$?V9=LTUY#)!,ED\@*K&0P#`=R5_*O8/"EL]MI\@EM
MI;=V<';)?FZ)&!SN/3Z5Y[XAU[6-&UKQ)?-J5S_9TCR6"H)#BVE,*O$ZCMD[
MAQZT`<>]A.)U=-`O!B^+@KIK8,);D,"OITQ[C'>EAT^=E@,^A7?[O46FD_XE
MC?/#N3"_=]`W'O[UZ%=S:_#KECHEMJ%PT'B6WBE\YICOM-@!GV9Z;EZ>YJU;
M2:CH?C`Q:Z]_*M]<2+IMW%>%H-NT[8GBSP0`><')YH`Y[X86-Q%XS65])N;8
M1V,B2W$EJ85E8R97@@=%P,]3BLSXH_\`(^7?_7.+_P!`%=U\,1J-UI-MJ-_'
M?L9K?(N9]0,J3'=VCS\M<)\42/\`A/;O_KG%_P"@"NC#?&<N*_AG+0G<XB)^
M5CZTB#8IDSST44U'V2!L`X[4Z4KN^7D;1S7=U/+MJ>Q+_P`D0'_7A_[-4WP_
M\0:/9^$;&TN=2MXK@,X\MI`&R7../QJ[X8DBC^&>GO-&LD8MAN5E#`C=W!ZT
MTQV8O98+;2[:5H)(E\P6:*K;SC<I[[3UKD33BX/O<]6S4E)=C"UW7;^3X@-I
M5_K,^BZ;&F4>)@N_C(.<=S_*JWPX:-_'>KM%<O=1E'*SR'YI!O&&/N:Z>[U%
M+J95O+`W&V)Y$=[17'R[LKST/R_K3[>^BMY@]O:".YFM7G)BM%&[!^[N[DXX
MK3G]SE2Z6(Y??YF^IS7PXGCL/&&MV%VWDW,TA\N-Q@MAF)Q^!S4.GG_0O%WT
M_P#9VKJ;?5?MEY;7(LBLTOF[9I+90Z!`._7G.`*;#J*-I#WPL!$)US+$ULH)
M^?;\Q^O/-<^(A*K)2V_JQC*CS))/:_XK_@G-+J=DGPQ:P-S']J:7B'/S??!Z
M?2DUZWE@\->&7F5XD0-O<#E,D$'ZXYKL+6&TGOI[=+:W22WC60-]C7#9&<`^
MHX_.F0:O-J,5E'-;OLOB0`]NK*F,_>].E<_L)-;D?56XVD^B7W,RC9Z#<ZMI
MT_\`;U]JEUYRB%`ZN1SG)XX7UK-\8N_B'5KF73+598])CQ/,/XSGI[@<_K72
MBZCL)[PQVL</V601&1+909,C/'MV_&F)J[6JW<4=DT212K&0MNJK+G(S_P".
MD>_`I_5Y-%2H*47%NU][?\$UO#.L0ZWHD-S&%1U&R1%Z*P_IZ4WQ)HYU:R`B
M($\63'GH?44:%-$UQ?6T=J(#;R*I*PB,/QUXK$\9ZI?:3KVF7EO--]FM89)[
MF!"<2H&53D=R`V1]*ZL)2J.LHQ?O?\#]3N@VH+FU.;GMI[-S'/$Z2#LXQ5_1
MM#N=6F4E62W4_/(1@8]!ZFJ<FIZ\FBS2W-U,?-U*-KAWE*>1$Z;@@8`E%R0,
M@5<NKG4+BWTE-/DN+E#;W4CQVNIO\Y4KC]X5RQ&>F*]^?M>6R:N[Z]-K^0E8
M?XYT_2;G5[.WO9!"0(DB8S%`$&XLI`/0@8SV.*XMH-$E>.:XN2J6R0QS*+AO
MWGF(@4CG^$^83CI@9KKK?4!</I2>(M9FBL7TQ9([A',?G3%OF#-C.5&!@X[U
M+=ZW.GB1+ZS@N)=$L)8[21UC4Q2!N'=B>25+)SCL:O#U*M&*IZNR[V6]K+3=
M[6Z/432>IP?B#3($M[LZ=A9+>1&`6?&8=K9;!=MW(7IS["N]\"O93Z%H=S:V
M2VKM>R*_[PNSD1L"23SSCITJO;WB#4G%O?RRZK_;;0K9[MR&W\S!^3&``F3G
MVHAU*9;NV:#4;EM=;5VBFL=QV+!O((\O&`H3!#?K5XFK4KT?9-;=;OLUKY>8
M123N3?&F*X?P]8R1JQACN?WI'094@9_&N"\!?-?:K$G^NDTN81^IZ$@?@#7O
M>H:?:ZI8S6-["LUO,NUT;N*X&U^$[Z1XAM]3TC6/+CADW"*>+>=IX*Y!&002
M*^;I58JGRLFK2<G='):&&;58BG;)/TQ76U?NO!XTFXFGT^%I(I23@<L@],>E
M5$M;B1]B02%CV"&OB,]J2KXO2+22LO/^KF&%H2HPY9;DFG!FU.V"=?-7^=:?
MB'4+C3O%&GRRWDAL'\N/[-;SJL@D9\;F0C+J>!QTP:O:#H;VC_:KH`2XPB==
MON?>G:F-3&L0RVFG6]Q&JK^^=1O3D[@#UY&`/3FO7R7#3H4FZBLWT.RSL8Z>
M-;VX@5;6&REN_LD\KQ&7:$=)0B@DGC().#C.*AC\87;7]I=/J-HNG/ILMPX-
MNREW1L'`R3D'L,\`_6M&2769(&*^';5#-$3)D!CN]".^:MVDNHW,T276A06\
M42G:Q(8I\G11[DXKW/=706O<Q+'Q9>:C<VZ3+&'AO3&6A8JLBF!G&0&/Y9-2
M6OC#4?L)EO191//907-NT:,54RL5"L"PSTZY`YJS&_B",PK!I$"1X!.854J<
MD=CUQP<=!ZU8E76O(C3[#;S*P*LK0K]W)*@C.,8QGWH?+V!7.>F\7ZBSVNI+
M<V=NZV%TTD4[D12M%*!\H#?>('')QD]:L76LW4NJHRO-"OVT[H_-;D&T+[2.
MV#Z=^:ZK2[9KG2+5M4L($N0N7C\M<*V>P[=JOF"$MN,2$DYR5&<XQG\J3G%=
M!\K?4X&P\1:\NWR9;>9%T6*\BMI0S/(?XOF)RS8!_2M2Z\0W>H>%+K5K1A!"
MUY%':2)]YX_-12QSZY8?2NDN=/@N8#'M\D["BR1`*Z`]0IQQ3K6PMK.PAL88
M5%O`@1$/(`'3K2<X[V!1>USE)/&&IVSSSRVEM);@WBPQQ[O,)@R02>G('0#B
MJ$7BO4K>XU"<W%I=R2/:0H\))@BWJQ)P6Z]NHR<?2N_$,0((B0$$D?*.">OY
MU&MC9K"T*VD`B?AD$8VM]10IQ[#Y7W.2?QEJ,5SI5O+!:1M?JGF-N+"V._;N
M8@D88?=YZ]345OXTUF[BOI8-.ML1K(8EDD5#&RR;</EN21S_``\C'>NS%I;!
M"@MX@I`!4(,8'0?A2-8V;M(S6D#&88D)C!W_`%]:.:/8.67<@T:_&IZ/:WHD
M63SHPVY$*`GO@$DC\ZH:V0DSRL<*D623_P#J-;:HJ($0!5`P`!@"L:\TV*;4
M-GVE&F:/.V;YB!G\@*QEY#DG8XV><W$\DB@G<Q()["FA=N>I)ZDUU<GAV&:0
MYFMPW<*<>OI[_P`J:OA^VA+MY]N=@R=QW;1SV^G\J\*66UI2>JU_KL<_LY&%
M96$MVX;81#D!FP>><8%=`(6'ECV';V7_`&:>+%,K$+FVR?F`"]1P<_I3ELD:
M&&9;JV*/M"-M^\3C'\J]+"X6.'C9:MEQ@T5=:\*6'B.]T:>ZNIHI]/\`WT21
MXP^"I.<CU`_.L[7?AO9ZUK5S=MK]_:F\P9;:.0;6&,<#TX]ZW=2L/M,D$,=^
M()1!CY202NY23D=!QBHUT:Z-Y/<?VFF^2((K@G</O8[^I[>E=9NC.O\`X9Z-
M=^&K/08I;BVMK64S!T(+NY!R6)'O2^'?`-MH6K)J,.N:E>&(,GE3S!DY&.1Z
MBMB#3[J-[DMJ`!F@$<:HY(B.WJ,]>F<]>34&D:;+8W,<DFH)(F7'E(S8WLQ/
M?K^/I3`L0:$\.KMJ9OYGD>1V>,@;"A&`N/;`Y]O>JT_A43WTEP;Q@DDXN/+V
M<!P1@]?3(_$>E%%`$2>#\1E'OW<?,,LN2P((R>>O-6'\,YN6DCNMD;.&50G,
M(#;L)SQGH?:BB@!\WAU'T2VTU)0/L\B2%L$;RIR<X(//KFDG\."X0$W!BEV;
M/,C!RHV,N`22?XL]>U%%`%.;P[]@TV>9IQ*Z1'`*\#Y@Q[]"!@_6H[7PW/>Z
M2K&\6+[0NXHL>54%I",<\8WC_OFBB@#3U+0FU&TB@:=,I#Y3&2/=Z?,!GAN/
MUJ33M&:PO);@W'F!PP^[@MN<MECGDCH/:BB@"A:^$A`8P]R&1#'E`I(DV-NY
MR3^0X]J8_A*9Q<9OQNF8,#Y?W2-W.,XS\WZ444`:MGI<MG<23+<AS(?FW)VW
M,>.?>M&BB@`JD^BZ7)#'"^G6S1Q2^=&AB!"29)W#T.23FBB@"7[#:?:I+K[-
M%Y\L8CDDV#<Z#^$GN.>E4X?#.A06\]O%H]DD-P`)D$"XD`.0#QR/:BB@"Q8:
M1INE[O[/L8+7?][RHPN?RJ"Z\.:->V]W!=:=#+%>R"6X5A_K'&`&/OP***`)
MSI&GM=VEV;6,SV2&.WDQS$I&"!^`JM#X7T2WU1]3BTZ(7CEB93DD%OO$`G`)
M]J**`(]/\):#I,RS6&FQV[I]W:S8'T&<5:NM"TB^G-Q=Z9:3S-@&22%68XZ<
MD444T[;":3W(O^$8T#_H"6'_`(#)_A1_PB^@?]`2P_\``9/\***.9]Q<L>Q>
MCM+>&U%K%"D<"C:L:#:H'H`.E1_V=:?\\?\`QX_XT4478[(/[.M/^>7_`(\?
M\:/[.M/^>/\`X\?\:**+L+(/[.M/^>/_`(\?\:/[.M/^>/\`X\?\:**+L+(/
M[.M/^>/_`(\?\:/[.M/^>/\`X\?\:**+L+(/[-M/^>/_`(\?\:/[.M/^>/\`
MX\?\:**+L+(EAMXK<$1+M!Y/)-0W4%S+/$T,J(@!#AAG/I1151>HR$VE_P"0
MRK<QAF5AR,\_P\XY_+TH^QWI)"W*QJ54*57E3_%CCO116EQ%B*"8"19FCD4G
M*#9T^M1S6MVUSF*9$@\L@IM_B]?Y445";N,C-G?*C;+F/=LVAMF#G/7/Z5/#
M#.DJO(8V)7#,!@_GCFBBJO=`6J***Q`****`"BBB@`HHHH`****`"BBB@`HH
MHH`****`"BBB@`K/U#1X=1F262:6-D7`\L@9^O'-%%`%3_A%-/\`+1"TI"-N
M'S#W_P`2?K2GPM8%OEDF0;]Y52`"<$>GN:**`')X9LDCC02S_N^F6'\L>_2H
ME\)6"J@\ZY.S&,N.PP.WIZ444`6)/#UG););%I!$D0BV@CD`YZGWJ"/PI9)-
M*[22%'.50$#;Q@\_R]***`!O"6GLH023JG'R*_!(&,].N*LV^@VMM>_:TDF+
..YR%+?*.O&/QHHH`__]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g199921ba03i002.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g199921ba03i002.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``H'!P@'!@H("`@+"@H+#A@0#@T-
M#AT5%A$8(Q\E)"(?(B$F*S<O)BDT*2$B,$$Q-#D[/CX^)2Y$24,\2#<]/CO_
MVP!#`0H+"PX-#AP0$!P[*"(H.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[
M.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SO_P``1"``V`'T#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#TWQ'XDLO#
M.G&[O&+,QQ%$OWI&]!_C7D^J?$OQ'?RL8+A;&+LD*C(^K'D_I47Q$U:34O%U
MU&S'RK,^3&OICJ?Q-=UX+^'VF6FEP7NJ6J75Y,H?;*,K&#T`'K[UFVY.R."4
MJE:;C!V2.%T[XC^)K"0,]]]K3/*3J#G\1R*[#7_B)./!]CJ&FJ+>[OG9"&^;
MR]OWB/7MBNAU/P!X:U,AI-.6!P?O6Q\LGZXXKR_X@O:PZ\FE6$8CM=-B$2(#
MT8\M^/-+5(4O:T8.\B'_`(6#XK_Z##_]^T_PH'Q#\5!@?[7?CUC3'\J[7PAX
M?T"U\,VDVK6$-Q=70,I,D>XA2>![<5T%KHOA*XF"Q:19A^HW0`5C[>GS\CFK
M]BXX3$2@IW=CBO$GQ`UAM#TE;>7['=7,)EN&C&#C.!C/0'&:Z'X:^*KS7;2Y
MM-1F\ZXMB&60C#,A]?H:\T\7:BNJ>)[V>/`B1_*B`X`1>!C\JO\`P[U/^S/&
M%L&;$=T#`_IST_45JI>\80K2]MJ]-CL/B7XNU#2;FWTS3+DV[LGF32)]['8#
MTJY\-/%-YKMG<VFHS^=<VQ!60@`LA]?H:\T\7ZE_:WBF_N@V4\TQI_NKP*O_
M``YU/^S?&%LK-B.Z!A;\>GZBFI>\-5W[??0]!^)?B'4-"TJV73I?)DNI"K2@
M9*@#/%'PU\0ZAKND7(U&7SI;60*)3P6!&>?\:ROC%_QX:7_UU?\`D*YSP[JT
MFD>`=<E@8I--/'"C#J-PY/Y9IWM(UE4<:[N]+'2>+/BA]AN9+#0T262,[9+E
M^5!]%'?ZUQ3^//%#S>:=9F4Y^ZH4+^6*/!?AG_A)M:%M([);0KYDS+U(ST'U
MKN]1U/X>:#+)I$VFQ2M'\LGEV_F$'T+'G-+5ZW,KU*JYW*R*W@?XAZEJNKPZ
M3JD:3&8'9.B[6!`SR.E>E"O+M'\2?#S0;U[RPM+U)F!`9XRVP'L,GBN^T'Q%
MIOB.T:YTZ8NJ-M=77:RGW%7%Z;G50EI9RNSQ/QM:26/C'4D<8WS&52>X;D5[
M-X4URUUW0;:XMY%+HBI+&#RC`8((K(\>>"_^$EMUNK,JFH0#"[N!*O\`=/\`
M0UY%(FK^';TJWVK3KA>"02A/XCJ*CX6<]Y8>HW:Z9]!:KJEIH^G2WUY*L<42
MYY/WCV`]2:^?T6?Q%XC`P6FO[GGO]X_T%,DN=7U^Y1'FN]0FSA5+-(1]/2O0
MO#O@K4/#NB7NM/$'U@0-]E@'S>5QU]VHOS"E*6(:LM$=G<Z#N\H6SJBQQJFT
MCL!@5E:W`_A[0[S4Y9E+11$1A>[G@?SKR-]?UXR,TFJWX<GY@9G&#].U5[G5
M-2O(O*NKZZGCSG9)(S#/T-<$L%AG5]KRZ[G2\SG[/V:1H>$-*&M^*+*SD7?&
M7WR@]U')JMK=C)HOB&[M%)1K><["."!G*G\J[SX1Z-(LEYJ\T+*I410EEQGN
MQ'Z51^+6DM;ZU!JB(?*N8]CL!P'7U^H_E7=;W;G$Z+5#FZG-^$-+_MOQ59VD
MB[XR^^8'NHY-5M6M9=!\1W,"Y5[2Y)0^P.5_2N[^$6D.&O-7EC(4J(86(Z]V
M(_2J'Q9TEK?6X=41#Y5S&%=@.`Z^OU'\J.7W;@Z5J*GU+OQ/O4U+P[H5[&<K
M/E_S45S6FV;W7P\U>1%)^SW<4C`>F"#_`#J;4XK^7X;:1+-!((K>YD56(/"'
MH?IG-=3\)['SO#^IBY@+6]S(%&X<.-N#1NR^5U*OJOT.>^&&N6VDZ_)!=NL<
M=Y&$5VX`8'(!/O6YK_PKN]0UFXOK#4(%BN',A28'*D]<$=17-^+/`.HZ#<23
M6D+W>GDY5T&YHQZ,/ZUA1^(-8@M_LJ:M>1PXQY8G8`>W6B]E9D\W)'V=2.Q-
MX@T,^'K_`.Q27UO=3`9D$&2(_8D]Z]!^$-@_]E7]TX(26950^NT'/\ZXCP[X
M.U;Q)<CRH7AMB<R74JD`#OC/WC7N6DZ9;:/ID.GVB;885P/4^I/N:<%K<TPU
M*\^>UD0WNKO9W)A&EZA<@#/F01!E_,D54EUI9UVS>'-3E7T>V0C]6K<Q1BM#
MO:;ZF%#K$=L,0>&]2B!_N6J+_)JD_P"$AD_Z`6K_`/?A?_BJV:Q-6UR]L=36
MRL[".Z(MFN'W3;#M!Q@<')H)=X]1#K:DY/AW5"?4VR?_`!5']MK_`-"YJ?\`
MX#)_\53+;Q;8R[7DE54F\L0HJLTA++NP0!_*B/QAIL@D0L\4RRR1(CQL=Y3J
M>!TYI:"NNY,/$#@8&@ZL`.P@7_XJFR:[YJ%)/#VJ.IZAK="/_0J@L?%UM+=O
M;WC)%D1^5)&&*.67=U(X]L]:MS>(K/;`;:XB8S&-AY@8`HYP"..O%,.9-;C%
MUXHH5/#^JJHZ`6Z@#_QZDDUWS5*2>'M5=3V:W4C_`-"IESXNTZ.V$MM)YNYR
MJ[D=0P`RS#"G('J.*LP^)=*GO(K2.ZW2R@;<(VTDC(7=C&<<XZT#NNY"VN[D
M\MO#^JE,8VFW7'Y;J5->,:A4\/ZJJCH!;J`/_'J&UV8>)O[),$<4>T,LDLA5
MI<C/R#&&QT/.:;J'B5+#Q!;:68=Z2[1--NQY1;(08[YP:!7\Q_\`PD,G_0"U
M?_OPO_Q55VU&U>3S&\+7[/\`WC9QY_/=70TM!7*^YBCQ`X&!H.K`#MY"_P#Q
M5:5C=&\MQ,;:>V)./+G4*WY`FI\4M,:3[A11104%96I^';35;I;F>6YC<1&(
M^3,4#H3DJ<=1110)I/<AN/"6F7$;QXEBCD*;DC?`P@PH''''IS4T7ARPAG:9
M!)N82`Y<G_68W?RHHHL+DCV*Z>$-,2:-PUP438?*,QV,4&%)'<@46_A#3+<$
M`W$@W(5\R4ML"$E5'^SDGBBBE9"Y(]BO!X.B$;Q3W-PL<<C?9?*G;,4;#!3)
M'0^E6X/"FFVUU%/&9P(2K+"93Y9=5VAR.[8[T446!0CV)KO0+:]OTO)Y[HM&
M=R1B8A$;&-P'8X-5I?!VD7!EDN(GFGD*G[1(^9%*XQANW2BBG8?+'L:UK;"U
9B\L2RR98MNE?<>3TSZ5/110-!1110,__V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>g199921ba03i003.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g199921ba03i003.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``H'!P@'!@H("`@+"@H+#A@0#@T-
M#AT5%A$8(Q\E)"(?(B$F*S<O)BDT*2$B,$$Q-#D[/CX^)2Y$24,\2#<]/CO_
MVP!#`0H+"PX-#AP0$!P[*"(H.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[
M.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SO_P``1"``X`(4#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#T7Q9XML_"
MUB))1YUU+D0P`X+>Y]!7DFJ>//$>IRLSZE);1D\16Y\M1^(Y/YU7\7ZK+J_B
M>]N'<LJ2F*)?15.`!7J'A#P'I6FZ7;W%]:175](@=VE7<$SS@`\5GK)Z'G.5
M2O-QB[)'E]CXR\16$@>#6+E\'.V5_,4_4&N[E^(EW/X"EU)42#4?/%L"HRN<
M9W`'VKK=0\'^'M2`^TZ3;[AT:-=A_-<5YG\2OL6GWMGH6FPK!;6B&5D7^^W<
M^IP*+.*W'*-2C%MRT,`^+O$F<G7;[G_IL:/^$O\`$7_0=OO^_P`:[+X=:1I<
M>BS:GJEG%<-/*4A$D8?"KU(!]ZZ](O##,%.C6BY[FV7`KEEB:,)<LYI,JE@Z
M]2"FF<+I'CG6X?!VJ2W-T\LB.D5K<2<L&;.1GO@#-9OA+QCJMGXCMOM>I7$]
MM<2!)DFD+#GC//3FM+XIWL$5Y9Z-911PP6Z>:T<2A5W-TX'M_.N!!((*G!'(
M/I6[;1S5)RA-*^Q]#^)=5_L3P]>:@"-\49\O/=CP/UKQC2_&FNV>L17TVJ7,
MRF0&:-W)1ESR,=!^%=!XV\3_`-J>#-$@5\R72^9./=..?QKS\^E.4M2\16;F
MN5GTU%(LL22(<JZAE/J#7AVL^,=>7Q1<7$>I3QB"X98X58B,*#C!7H:],^'F
MJG5/"-J7;=+;YA?\.GZ8KQC6O^0[?_\`7S)_Z$:J3T3-<34;A&29[UJ6O6FC
MZ$-4OWV(8U(5>K,1PHKR36OB3KVJ3,+6X.GV^?E2'[V/=NOY5)\1M5ENM3M-
M.WGR+2UC.WMO902?RQ6QX$\(Z5_83^(==C26+!:-)/N(B_Q$=S0VV[(4YSJ3
MY(NUCBH/%6OV\WF1:U>!O>8L#^!XKU'X=^,+_P`2"YM=11&EME5A,@V[@>.1
MZUCWWC7P)>1FWE\/M+$/NE;=$_(@@BGZ3\0/"&APM%IND7-NKG+E5!+?4DTE
MH]Q4FH2^/0],%%4-$UJRU_34O[!RT3$KAA@J1U!%%:GH)IJZ/!/$-G)IWB._
MMG&&CN&(SW!.0?UKW/PQKEKKNB6]S;R*75`LJ9Y1@.017-_$/P5)K2#5--CW
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MI$8_V1POZ"MSQIX9_L+3=%G5,&2WV3'_`*:?>_K^E9?A#3#K'BBQM=A>,2"2
M7'0*O)S7K7Q%TO\`M+P?<E$+26Q$R`#GCK^E=L8Z'%"FZD)2>YX<TC,JJS$A
M!A03TKJ]:\,FQ\`Z1J@CQ*[L9CCG#\K_`"_6N<TJQ?5-5M;*)2QGE5<#TSR?
MRKW?Q+HZ7_A*[TV-/NP8B`[%1D?RHBKIBH4N>,FS@_A#JGE:E>:6[<3H)4'^
MT.#^E<1K7_(=OO\`KYD_]"-7?!D\]KXPTUX58N9PC*.N#P:J:[&Z^(KZ(H1)
M]J<!<<\MQ2?PD2DW22[,V/B#926WB"*9@0ES:1.A]<*`?Y5V?@:]L?$?@F3P
MY/+Y<T<;1,H.&*DY##UK7\3^$T\2>&[>$`1WMO$IA<]CM&5/L:\9NK34M"O_
M`"[B.:SN8SP<E3]0>]4_==S>:=&IS6NF=K+\(=1C+,-5M!&O\3JPX]ZX:^MH
M[.]EMH[F.Y6-MOFQ@[6^F:L7?B'6+Z#R+O5+F:+IL:0X/^-;7@[P5>^(;V.:
MXA>'3D.9)&&-_P#LKZ_6IWV,&HU&E3B>@_"RSDM?!R22`C[3,\J_[O`'\J*Z
MZWABMH$@AC$<<:A551P`**V2LK'K0CRQ43.N_$6F65R]M<3NLB?>`B<_J!6;
M>ZKX3U+_`(_84N#ZR6C$_GBK]UXBM;:_DLX[>ZN9(<><UO%O6+/3<?Z5I?:K
M<.8S/&)`NXH6&0/7%`M^IS-G>>#-/??:6D43CHRVC9'XXK1_X2W1O^?F3_OP
M_P#A6G]NLQC-W!\W`_>#FFW&H6MM'*[S(3"N756!8?A0"5MFC!FU/PC<2F6>
MVBED;JS63$G_`,=IGVSP7_SY6_\`X`M_\3701:C:R013&9(UEX02,`2?3ZU-
M+/#`H>:6.-2<9=@!G\:!<O70P+77/"]B2;1%MRW4QVC+G\EJR?%FBE2#<2$'
MJ#;O_A5G6=;@T2T6ZG@GEB)P6A3=MSTS]:F@U.VEMUE>58"5W-',P5D_WAGB
M@:TTN85KJ?A*QN&N+2"."5NKQVC`_P#H-7CXMT7_`)^9/^_#_P"%:9OK0`$W
M4(#=,R#FE-Y;!G4W$(*?>!<?+]?2C8:36S.?AU;PI;W;WD$*1W#_`'I5M&#'
M\=M$FK>$YKU;V6&-[E>DK6C%A^.VMN?4[:.WDEBD2X*)O\N)U+$>W-2?;K4!
MBUQ$NP`N&<?)GU]*!6]#,_X2W1?^?B3_`+\/_A4%WKWAJ_C\N\`N$])+5V_F
MM:KZI;)>Q6N_<\J[E((VX[<U8CN(9F9(IHW9#A@K`E3[^E`]7I<Y.%_`UO*)
M(K"!6'?[&Y_I6JOBO1$4*L[J!T`MW`'Z59T_7+?4KR>"WAG*P,R-,4PA8'!`
M/K0VO6*ZZNC;F^U-'O'R_+],^N.<4$JRU5B]:W,5W;)<0L6CD&5)!&1]#14@
MYHIFIS.I^%;NZN;PVE^L%O?NLDZLK;T<#&Y&!';L:K/X'<ZC<W`O`T<J,$+@
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M(G_"%W1NXY7O8'&^&1Y##B0%!C"D<`'TJWX?\+2Z-J!N9+B)U2(Q((H]K2`M
MG=(>[4446!4XIW'1^']1AUNXU.&[MHGD0JJQQ$"3)&#(,X)`XR*@?P?</?G4
M_P"TW%[]L%P./W>!QMQU^[QUHHHL-TXG1V:W*08NY(Y)=Q^:-=HQGCCZ4444
$RS__V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>g199921ba05i001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g199921ba05i001.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``H'!P@'!@H("`@+"@H+#A@0#@T-
M#AT5%A$8(Q\E)"(?(B$F*S<O)BDT*2$B,$$Q-#D[/CX^)2Y$24,\2#<]/CO_
MVP!#`0H+"PX-#AP0$!P[*"(H.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[
M.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SO_P``1"``X`(4#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#T7Q9XML_"
MUB))1YUU+D0P`X+>Y]!7DFJ>//$>IRLSZE);1D\16Y\M1^(Y/YU7\7ZK+J_B
M>]N'<LJ2F*)?15.`!7J'A#P'I6FZ7;W%]:175](@=VE7<$SS@`\5GK)Z'G.5
M2O-QB[)'E]CXR\16$@>#6+E\'.V5_,4_4&N[E^(EW/X"EU)42#4?/%L"HRN<
M9W`'VKK=0\'^'M2`^TZ3;[AT:-=A_-<5YG\2OL6GWMGH6FPK!;6B&5D7^^W<
M^IP*+.*W'*-2C%MRT,`^+O$F<G7;[G_IL:/^$O\`$7_0=OO^_P`:[+X=:1I<
M>BS:GJEG%<-/*4A$D8?"KU(!]ZZ](O##,%.C6BY[FV7`KEEB:,)<LYI,JE@Z
M]2"FF<+I'CG6X?!VJ2W-T\LB.D5K<2<L&;.1GO@#-9OA+QCJMGXCMOM>I7$]
MM<2!)DFD+#GC//3FM+XIWL$5Y9Z-911PP6Z>:T<2A5W-TX'M_.N!!((*G!'(
M/I6[;1S5)RA-*^Q]#^)=5_L3P]>:@"-\49\O/=CP/UKQC2_&FNV>L17TVJ7,
MRF0&:-W)1ESR,=!^%=!XV\3_`-J>#-$@5\R72^9./=..?QKS\^E.4M2\16;F
MN5GTU%(LL22(<JZAE/J#7AVL^,=>7Q1<7$>I3QB"X98X58B,*#C!7H:],^'F
MJG5/"-J7;=+;YA?\.GZ8KQC6O^0[?_\`7S)_Z$:J3T3-<34;A&29[UJ6O6FC
MZ$-4OWV(8U(5>K,1PHKR36OB3KVJ3,+6X.GV^?E2'[V/=NOY5)\1M5ENM3M-
M.WGR+2UC.WMO902?RQ6QX$\(Z5_83^(==C26+!:-)/N(B_Q$=S0VV[(4YSJ3
MY(NUCBH/%6OV\WF1:U>!O>8L#^!XKU'X=^,+_P`2"YM=11&EME5A,@V[@>.1
MZUCWWC7P)>1FWE\/M+$/NE;=$_(@@BGZ3\0/"&APM%IND7-NKG+E5!+?4DTE
MH]Q4FH2^/0],%%4-$UJRU_34O[!RT3$KAA@J1U!%%:GH)IJZ/!/$-G)IWB._
MMG&&CN&(SW!.0?UKW/PQKEKKNB6]S;R*75`LJ9Y1@.017-_$/P5)K2#5--CW
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MI$8_V1POZ"MSQIX9_L+3=%G5,&2WV3'_`*:?>_K^E9?A#3#K'BBQM=A>,2"2
M7'0*O)S7K7Q%TO\`M+P?<E$+26Q$R`#GCK^E=L8Z'%"FZD)2>YX<TC,JJS$A
M!A03TKJ]:\,FQ\`Z1J@CQ*[L9CCG#\K_`"_6N<TJQ?5-5M;*)2QGE5<#TSR?
MRKW?Q+HZ7_A*[TV-/NP8B`[%1D?RHBKIBH4N>,FS@_A#JGE:E>:6[<3H)4'^
MT.#^E<1K7_(=OO\`KYD_]"-7?!D\]KXPTUX58N9PC*.N#P:J:[&Z^(KZ(H1)
M]J<!<<\MQ2?PD2DW22[,V/B#926WB"*9@0ES:1.A]<*`?Y5V?@:]L?$?@F3P
MY/+Y<T<;1,H.&*DY##UK7\3^$T\2>&[>$`1WMO$IA<]CM&5/L:\9NK34M"O_
M`"[B.:SN8SP<E3]0>]4_==S>:=&IS6NF=K+\(=1C+,-5M!&O\3JPX]ZX:^MH
M[.]EMH[F.Y6-MOFQ@[6^F:L7?B'6+Z#R+O5+F:+IL:0X/^-;7@[P5>^(;V.:
MXA>'3D.9)&&-_P#LKZ_6IWV,&HU&E3B>@_"RSDM?!R22`C[3,\J_[O`'\J*Z
MZWABMH$@AC$<<:A551P`**V2LK'K0CRQ43.N_$6F65R]M<3NLB?>`B<_J!6;
M>ZKX3U+_`(_84N#ZR6C$_GBK]UXBM;:_DLX[>ZN9(<><UO%O6+/3<?Z5I?:K
M<.8S/&)`NXH6&0/7%`M^IS-G>>#-/??:6D43CHRVC9'XXK1_X2W1O^?F3_OP
M_P#A6G]NLQC-W!\W`_>#FFW&H6MM'*[S(3"N756!8?A0"5MFC!FU/PC<2F6>
MVBED;JS63$G_`,=IGVSP7_SY6_\`X`M_\3701:C:R013&9(UEX02,`2?3ZU-
M+/#`H>:6.-2<9=@!G\:!<O70P+77/"]B2;1%MRW4QVC+G\EJR?%FBE2#<2$'
MJ#;O_A5G6=;@T2T6ZG@GEB)P6A3=MSTS]:F@U.VEMUE>58"5W-',P5D_WAGB
M@:TTN85KJ?A*QN&N+2"."5NKQVC`_P#H-7CXMT7_`)^9/^_#_P"%:9OK0`$W
M4(#=,R#FE-Y;!G4W$(*?>!<?+]?2C8:36S.?AU;PI;W;WD$*1W#_`'I5M&#'
M\=M$FK>$YKU;V6&-[E>DK6C%A^.VMN?4[:.WDEBD2X*)O\N)U+$>W-2?;K4!
MBUQ$NP`N&<?)GU]*!6]#,_X2W1?^?B3_`+\/_A4%WKWAJ_C\N\`N$])+5V_F
MM:KZI;)>Q6N_<\J[E((VX[<U8CN(9F9(IHW9#A@K`E3[^E`]7I<Y.%_`UO*)
M(K"!6'?[&Y_I6JOBO1$4*L[J!T`MW`'Z59T_7+?4KR>"WAG*P,R-,4PA8'!`
M/K0VO6*ZZNC;F^U-'O'R_+],^N.<4$JRU5B]:W,5W;)<0L6CD&5)!&1]#14@
MYHIFIS.I^%;NZN;PVE^L%O?NLDZLK;T<#&Y&!';L:K/X'<ZC<W`O`T<J,$+@
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M(G_"%W1NXY7O8'&^&1Y##B0%!C"D<`'TJWX?\+2Z-J!N9+B)U2(Q((H]K2`M
MG=(>[4446!4XIW'1^']1AUNXU.&[MHGD0JJQQ$"3)&#(,X)`XR*@?P?</?G4
M_P"TW%[]L%P./W>!QMQU^[QUHHHL-TXG1V:W*08NY(Y)=Q^:-=HQGCCZ4444
$RS__V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>g199921ba05i002.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g199921ba05i002.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``H'!P@'!@H("`@+"@H+#A@0#@T-
M#AT5%A$8(Q\E)"(?(B$F*S<O)BDT*2$B,$$Q-#D[/CX^)2Y$24,\2#<]/CO_
MVP!#`0H+"PX-#AP0$!P[*"(H.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[
M.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SO_P``1"``A`C8#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#U#Q!XBT_P
MW8?:[^0@,=L<:#+2'T`KA!\93]HP=%'DY_Y^/FQ^6*SO'KOJWQ&@TVYD\NW0
MQ0J>F%;!)_6O3AX;T46`L/[+MC;J``AC!_7K0<G-4J2:@[)'.ZQ\3-.T[3+"
M\M;:2Z:^0R+&6V%%!P<]>X(_"L8?&5,C=HIQWQ<#_"L358H-?^)D>G6\8%G!
M(L"1QK@!$&6`'U!KO()M-^T?O-"LT1<EB(1E0.<].U<U;%4J$HQF]9;:%TH5
MZ_,X/2)1U3XHV=AJ5G;Q63RPS1QR32,VTQ!P"!C')`.36SXO\61^%]*BNU@^
MTR7#A8DW;0>,DD^F/YUXMJDMQK>H:EJRQEHO-WNP'"*QPO\`05?UG6KKQ2=&
ML8U9YH+=8-O]^0G'\@M=)R_696E^!['H?B.#6O#BZRL9C4(QEC!R59>H]ZSO
M"'C>/Q/%?22VPLQ:$-DR9!0YY)P,=*Y#X:ZGMTK7=(D)#>0TR`G_`&2K#^5<
MSI5S+;^#M;6(D>=)!&Y']TDD_GB@T^L2M%^3N=QJWQ>M;>Z:+3-/-U$IQYTD
MGEAOH,$X^M;GA#QY:^*I9+7[,]K=1IO*;MRLOJ#7':0\7AKP!;ZY9Z1%J%[=
MS,LDLJ%UA4$@9';I^9JC9_$>]TN>2:WT'3+=ICNE,<3(7_'-`E6E%ISEOTL>
MTDX&:YZ^\41AVCLRI52`TK#(_`=_;U^G-)XJU9X?!<E]$?)-Q&G+GB,,,G/T
M&:\]T_4)&E2*(!;@KO`<C%M&>KO_`+9'/L"`.U=5"DI>\SIJN7+>)VXUS5HI
M>&69NIB=0-H]6(^[].:WM(UB#5X&:+(>,[7&#C/J,]17"6EY%+`\<4A2SC_U
ML[#YI6_Q/8?B:UM#D=-;MW4;`ZE!'G_5QX)`/N3S]!6U6C'E;2LSEI59*5F=
MK17&1ZQ<MI%Y<2ZK,FJJCYL]@`BP<#"XR<#OGG-1P:UK+WEG#),Z_9Y&MKKY
M!B9]K,&Z=,`?G6'U:6NIK]:AIH]3MZ*X3_A(+];6&6_NKB*-;*.6,1;4:Y<G
MYOF((R/[M:MOK-_/XEM8GAN8;61'58VAX?`!WEOJ3_DTGAY(<<5!_A^)T-S<
MPV=N\\[A(T')-<S/XEGNY`MJ3$KDB,+@L^.O/IZGI]:H_$G4IK=+&S1)'25R
MQ2/K(W15!_$_0`GTKF;&_682YN5\A,"ZNDZ2'M'&/0=!^9XK6A23CS,JNY):
M'7QZYJ5NYD\]9X5QYC./D7V!'+&NDTS4H=4LUN80RANJ-]Y?K7"0WBW$"2S1
M[+4';;VXZR'^ON?P%:>CSWEM+?M;KYMTT#,5QP9`/E4?0<?4XJJM&+5UHSGI
M5I)V>J.THKB7OY9=#5K'7;J749FA657P/)+.`?EQ\O)Q5<Z[K4\Z2&6:%$MY
M8F0+@-*D9+-_WUC%9+#2?4T>+BNAWU%<')K=W'!YNHW=U%Y=M"\$4+",W!(^
M=MQ!R0>U;,%_*_BN*""[DEA>-S-%N#",@#`(P-O/?)S4RP\HE1Q,9,V-1U6P
MTBW%QJ%W%;1%MH:1L9/H*CDUS2H8YI)-0MU2WB265MXPJ-]UOH>WK6-XU9=.
M6QU]I[>-=/=T*7*L4?S5V#[H)SG';UKBIM<T2:ZEO$UBV,P6R,<:6<R1-)`S
M;E(VG"DM@=<<5SG4>JVM_:7UFMY:W,<UNP)$J-E<#KS[5%INLZ;K$<CZ;>PW
M2Q-M<Q/G:?>N`L_%^FG0+G2=0UA':\%RCRQVLNZ/?]P`",;B`3D\5T'@O5$N
M=#GU)YK!K2WC6'S+2)U/[I?F+;@#]!CB@#;O]?TG2[N&TOKZ.":?&Q6SW.`2
M>@&3C)Q4=UXFT6RMWN+C4(TCCG:W8X)/F*,E<`9.!R:X.^\::--KT^H:5JD+
M)>P013BZL9G,85BRE0%P=P+<''(!JG/KVE0R27EGJ^VX^UW,Z%[2=0(IE"Y!
M"'#*0.<8ZB@#UFWGANK>.XMY5EBE4,CH<A@>A!K#G\=>&+::2&;5HT>-BK@H
M_!'!'2JW@KQ+8:C9P:.M^UUJ5I;*UPQMWB#=BPW*.,UXQK<H'B'45==P%U*`
M1U'S&M:5/GN<]>K*FDTCVS_A8?A+_H-P_P#?#_X5KZ7J]AK=I]KTVY6X@W%-
MZ@@9'4<U\V,J9*[OF_2O1]"9XO@KJK(S(ZS-@J<$?,G>MI4(Z6>[,J6)<V[H
M]9HK$\.32)X+L)U1YY5LU8(#\TAV],GN:Q=2\7ZSHC64VHVVFO!<SK$\5M,Q
MEBSZYX.*Q5*4I-(Z7422;.UHKSQI=4_X7$L0DAQY&=F]]OE<\X_OX_"J>JZ@
M)M!UKR(3;-%J**625R7Y;GD\?A45E[.WFKF%3$J";MW_``/3Z*YBS\07]MK-
MGI6HVL`6YMO-B>%R2,#.&SWXK-_X3O4#ICZNMG9BS6?R_*,I\XCUQTK+G13Q
M5-+4[FBN2U+QC=:1J+0W-B)()X!)9/&#ND8XPI_$UTE@]W)80O?)&ERRY=(\
M[5/IS34D]#2%:,Y.*Z&;K'B:WTJ3R$C\^X'+(&P%^IJKIWC*"YG$5U!]GW'"
MN&W+GW]*X^\:1[ZX:7/F&1MV?7-0G_\`77T,,OI<EGOW'S.YZSNHW>U<W%XF
ML=,M;.UU"[ABNF@1MLL@5FSTXIO_``G>B9(-[:C!QC[2N:\KZI6>T6S3FB=-
MN]J=7/V?B[2K]]EK<PS,`"PCE#;1G&3BI?%GB:V\*:*]_.AE<G9#$#@R,?Z=
MS64Z-2$N62LQ-JUS;I"0.I`^M>5Z+\1]=N]/O]4O5MA"CK!;0QQXS(>222<X
M51^HJY'?MJ,2W9E=S)R2QY!]*\W,<3+`Q4G"Z>GD8JO!RY5N>DT5Q^A:M+:W
M26\KEH)#MP3G:3T(IU]'JI\63?91=AB\+0-YN(!&`?,W+GG\LYQ5X'%0QD.:
M.EMT:\VAUU%<?'?>+C`6%NQ)=(SYD*J49@P8@9Y1&V'/<9J6XN=>E\)W+WD,
MD-[+,L42Q87RU#`%R<\`X8Y]"*[>3S#F.KHKD([OQ=+.\31-$#*JN_D*1%F3
M!V<_,NSG)[_E4*ZKXJ)D\PQ0B*SRQ,&\"39DEL=&W8^7TI^S?<.8[6BJ&CWK
M7>FV[7!"W1CS+&64LIS@YQQUJ\S!1EB`/4U#5BA:**;'(DT8DB=71N0RG(/X
MT@'4444`9<VJRQS21B$$)GGGFF-K,JJS&%0%[G-5+QMEQ.S,P4`Y.>.U<U>7
MLES(69F"9^5,UQXK%1H):7;Z&$IM'5-XFA4X+P]<'DU-::X+N=4B5'4L`67.
M!7#<L.>!Z"NJTJ$P&TCP1C!(SWS6.$Q<Z\VFE9"C.39:/C+05CU.5[X1II4G
MEW3.C`(QS@#CGIVJK9_$/PW?:=?7\%W+Y%@JO.S0."H8X!`(YY]*X.#2]/UG
M_A.;/4=133XFU6,I<2,`JR`MM!SV-07/B#5+OPIXKT'4;JSU)+"TB,=]:*`K
MC>HVDC@__6->B=)Z1HWCOP_K]V]KIUW)+*D?F,#"Z_+D#J1[BBL/P#>WC111
MW?B/2+V(6:>7;6Z*)8L;?O'J<#@^]%,0_P"(7@NXUTQ:II8!OH%VM'G'F*.0
M0?[PKFQXP\>_9O[*&G3?:0-GG?9&\WT^F?>O3"^IG7`5CQIZKY;`D99B,[QW
MP/N]?PK,DF\3PR;DB$RQAQA@OSY8%3QS\HXQWQ082HWES1=KG'Z1X9UWPGH]
MUXA^R"XU9@%B@.7,2D_,Y`ZM[?6LZ\\9>-KVSFM9;!U2="CE+)@V#P<&O2&G
M\0QO)*L*.I1<1E0<'YLD'(Z<<'K4KS:U)I-S(8A'<87RD1?F/(R>3CIV[4$O
M#V5HRLCCO!W@V>3P+JD%Y"T,^IK^[20;2H4?(3Z?-63\.?"VH#Q4+N_L9H([
M$,<RH0#)T`&>O4FO0I+K7HXF:"U5UV#:'7Y\\9)YYZGCVJ.YU/7([B*#[-'O
MFW[52,G``XR<\?\`UZ!_5XWB^QQ(\-:MIGQ&N?L=A(UI=+,4D4?NPCJ>">@P
M3TI?`WA&YOM'UO3]4M9K1)]B(TB$$.I)R`>N#BN^CO=::VNV>R"O'(HA&W)9
M#]XXSR1SW&:;IEQKDD;QWUN$9;?(?:`2^!COCUR,<8[T`L/%._K^)YM:R^-?
M`+R6<5FUQ:LV1^Z,L1/JI'3Z5+IOA;Q'XUUM-3U])+>U!&XR)L)4<[47L/>N
M]@N?$,=E(YMR[*,H)%&YC\HQU'`^8^].CO/$$P/F6?E8VG*@>V1R3GO0)89;
M-NW8T-:TJ/5=$N-/VKATP@(^4,.5S[9`KPRY@N-,GGL;UI;2WAES>3NO[V\F
MZX0=QZ=AG)ZXKZ!1MZ*VTKN&=K=1]:S-:T:PU3RFNM.2YD4[5E!VR1@]2&'(
M_"NBA5Y-'L=#M;4\KLM09F021)$8E!BM&.5MU/\`%+ZN>/EZG]*[OPO9O)NU
M%PQ6,,49_O2-CDG_`#QT]:?:>#=%LV5X]'<^6WRJTI(!)//N?4\\&NB1W51&
M+4+&'V`#H%QUQZ5I5K75HF*IPYN8\[?XCWT^D@36<$-U):2SN$9A^[^7RV4Y
MR,@MGT(K1G\=WT#W-@EI;F^LC/),K!MH@2/>C]>K94?G72KI-A*T4<VAVP58
M3$#Y:D(G79TZ>U33V-H+QW&E0RM<0F.:78,L@Z(?4>U9.4.QMS*USG](\67]
MW<:1'?0VZ)J#R9)B:+8%B#C&YCGD]:V-3U2^LM;TNVBMX&L[QS'),SG>&P2`
MJ_AUJ)=`TEH$A/ANT"8,FTQKA7Q]/0=:TE597@$EB`(L&-B`?+.WMZ=2*F5K
MW2%S(P?'_A^;6]&62T<I<VQ)#*,L(VXDVCNVT<?_`%Z\D@N@/L[3V\D=HGRZ
M?IB9,DQSRS8Y&>[=^@Z5]"US>L^%=&U*]FDETQQ-/'F6XMVV,^!C:2/\FM:%
M;E7*QRM;4X*ROY'E:2696N`=CR1\I;CM''ZO].%KK[9YM"\+WVN+`N^&W+0Q
MNQVX'K]?7O5G3/"6CZ?)&Z:;+*R_*ID;**!@\#@`'Z<D5M7&R^L3;W-@98IX
MCOB8<'_9-54J\VB6AA&$%+F.&D\?WM[-%9?8X[>8/;+<J'9625I=K#(ZKC!'
MJ#4]]\0M2@TZ26&PM3<V4,KW\;EL1.LHC51]<Y^E=2-$TNXOVFFT:-9BL9,Q
M&<E#E1_P'C%)=:1IFZ^C_L9)EOE\RZ(7_7,.@/O6=X7V-^96N9VE^)K^YUG3
M]/O;:)/M4$LS,87B9=I``"L<]^M:%YJU]:^*=/TT6D/V*\63,YD^<LJ[L!>P
M]S54^&=":..-O#T>V!#)'GH&)!*CWX%;30PSW,,TMOF6`MY3L.5R`#CZ@X_"
MHER]$"DF<[\2XK27P9.M[=O:PB:)O-2$RD$."!M!!/->=7'A33XQ-:OXGBBB
M?S<O]B<QL0JS'!+X)VL"/QQ7KVO:.-<L([1IO*"7$4Q.W=N",&V_CC%<_;?#
MN"WTM].:]\Z'^U([Z(219V(FW$77GA<9].U9#.`B\+6K6=]<C6I&M[(R2W#G
M3G`1G4;D^_G=AAQ]:]!\-:2VE^!=1@NKJ5_.\^1Y9+?RV4%,?<R>@'KS3M9\
M#R:SJ-_=M?0V_P!JM7MQY-M@L&(P9#N^?;MXX'6M6TT2>#P_<Z5)):()HGC3
M[+;F)$W`C.W<<]:`/(K'P_90Z?:WMOXBA\F9(G\W[#+D*C>2"_S_`"C+8/L?
M2EMO!T,MX=,M==6ZEEC>`K!I\C*$$N6?(?&T.=N1QP?2O0;/X??9)[X_;E>"
M]TS[(T+1?*LA55:0<]#M!QZU+=^!WFL=%LK>:TMUTM8@+E86$ZE2"VQ@P`#8
M((.>M`&5\/-)>'Q!>Z@+R2YB\J2%2+)HH]WF9?:S,=WS`UY?KW_(PZE_U]R_
M^A&O;_#/ABY\/WEP^ZQ>.>1W:1(669MS%@"=V.,^E<U?_!_[=J-S=_VWL\^5
MI-OV;.,G.,[JZ*$XP;N<V(IRFERGE?!C5SSM']:].\)V$^J_"+4+*W*"6:=P
MID;:O5#R?PH_X4P0A7^WN#S_`,>O_P!E76^'_"1T'PU)HZWIF+3&43;-N#D'
M&,GTK6=6.EGU,*-"<6^9%+2)-6BT1-%NDL[2-+0PK=Q7F]@VW`.W']:Y/_A#
MM1_LVTLQ:Z2LUO<^8]XMQ^\F7)//'Z?2O0AH,@E:4SJSL[/N;=D%F#$#GIE1
MQ]:C_P"$:8(Z+<E0\9C/S-D`G)P<Y%*-91;:-I4FU9F7>Z=,GC^U\165Q:S0
M-$(9TDEV,@Z;AZ\'I69<>'KN32]6MEGM-]W>K/%F88V@MU]#R*ZC_A''^T//
MYXWO*LK9+$;AGMGCK1#X<:W$0CG4"&3>N=QYY]3[FL*BA42N]B9T.?==_P`3
M*@M+N\\16>HZ@]G:Q6=N8E6.?S"Y((]..M9VG:%-IUM+9M8Z->,9#Y=Y/("5
M![E<9./3-=5_84WD6T)N%9;:1G0MN)).<@\^YI'T&1X;:+SE"VRNJ?>)(88.
M23U]ZS]E3[B^K)Z]?\[&#KNCW.N3RN]_!`EI&%T]$D`W/W9O[O3^5=9I$EU+
MI<#7OEFX"[9#&^Y6(XSGWK,_X1EM[/\`:/F8QECEN=G3O6KIME]@M?)W[_G9
MR?J<T.$%JF:TZ7+-R[G&:K)H6K7,%U9WQBGO)Y(`KQG:SQ_>)_N\=^E4M-CT
MY5CO+UKB:%IA'%'';L3,Q!88]5PIK:M_"5A#.+@6EZQ5RVQF&"?FR?\`@0;!
M_P!U:=%X3L8K:.VDLIKB!)?,6%HXU'"LH#%5&[ACR>>!7NK$48QY%)V^7G_P
M#2S,C653Q'K-M+IL(NXIH8Y%_=-F')P"QQ\H(##!_I64EC*EA<M&+>5_M`@D
M:!6:26?//&!E&P.GI7<6?AP6ZXM+N^LBL2VSE=A\U%!"'D<8#$9&*I)X6MK1
M=EA#J%MM*-O20.2\>=C?/GKDCTYJJ>,IQ7)%Z*UO^#_P+^8G%G)^'+=/#KZ@
MWVR26QO83)Y*1%GMRK@,T@`^4`@BNF^)WAVZ\2>'(9M.!FFM'\Y8U_Y:*1@X
M]3CD5:/A6V96C1K^'S%:&YE!4FY1VW-NR..2?NXQ74QQI%$D:#:B*%4>@%<>
M-Q,:LU4B]?\`AAJ&G*SP3P[%-=>&[[3EAD%S9W(NO+*D,R%=C<>Q`_.NKTNU
M:TL(XG^_]YAZ$]J]1V+DG:,GJ<5FS>'-.FD+^6T9)R0C8!_"OG<WIU\934*=
MDKW9A'#*-3VG6UCEM,MGN]1AC0=&#,?0`U<UO3;R3Q%<7&EW-O;7$L`5VDG&
M]B.5"#&Y#UR<X(/2NHL["VL$*VT03/4]2?QJ*YT73KN=I[BT225L9<]3CI2R
MS"?4X-2=V]S?ET.7?3M;O9YUGU!%6XCN`T7VTE8@^=@`&#D'`R>,5!-8ZT&$
M3ZA!;0BT6,1O>ELX"D$Y[Y5N?2NK?P]I,ARUDA_$^N:?-HFG3L&EM@Q"A1\Q
MP``0,#/'6O5]H@Y6<I+;ZM#!(1K<;^<I$GF7Q&UA(3E#VPA%)%X;\1DSO]I7
M?<P9DE6Y)61O)5!E<8SN&=WI75S:#I<\?ERVBLN2<$GK^=7HXUBC6-!A4`"C
MT`I>T[!R=SC9?"^J[9-KJ5$WG+''.8RQ^T&0C(Z94_G4L.E:OJ.DZI#<3S.'
ME$5FMP2I,2R;MS`]SDC/<**Z^BE[1CY$<?+H?B(;RM_-*LCAY(OM;*6'F.=J
MMCY1L*=/3%5['PYXDLH%@^VML2U\N-8K@HB-MQ@\=F^;<.>U=Q11[1AR(XZ+
M1/$ZRVXGU.9Q'$R2/%/@L^6R^",?,"N!_#BN@T6*\L]%@BU!B]Q&I#G<78\G
M&3W..OZ5HT5+DV-1L<?JZ373R"W0+N)+^8<''':L<6%R&.8B3TR:[.1=7%Q(
M(XX'B:7*NY&X+QQC%,*:WY>=EKN!X`'WA]:\^O@H5I<TFR'2N<]::5ME5[ED
M(#<(&SGZUKVRI]M@QC.X=_>I5B\0E59EM`P#9`Z$GIV[4Z)/$`E@WI:!%.)#
MG)8<9/3K6]&A"C'E@AJG8S[A/#A@O([K18'-U.6F3R05F=6(!8]SWS[U-96O
MAB.U;2;?2((H+QBLD*VXV/M`/S>N..M7776T7*I;R_.>&`SC=P?RQ01KJERL
M-DQ_@(R.?4_K6YH4-%L_"\5[(=-T6WMIS&<O';@$ID=2/4CI[45J1QZKYP#B
M!$"?>3J6S].E%`&G1110`4444`%':BB@`HHHH`****`"BBB@`HHHH`****`"
MBBB@`HHHH`****`"BBB@`[T444`%%%%`!1110`4444`%%%%`!1110`4444`%
M%%%`!1110`4444`%%%%`"4M%%`!WHHHI`%%%%,`HHHH`****`"BBB@`HHHH`
:****`"BBB@`HHHH`****`"BBB@`HHHH`_]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>g199921ba05i003.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g199921ba05i003.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``H'!P@'!@H("`@+"@H+#A@0#@T-
M#AT5%A$8(Q\E)"(?(B$F*S<O)BDT*2$B,$$Q-#D[/CX^)2Y$24,\2#<]/CO_
MVP!#`0H+"PX-#AP0$!P[*"(H.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[
M.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SO_P``1"``F`D`#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#T/Q=XQM/"
MMJN]//NY@?)A!Q^)/85YA<?$_P`433%TO(8%SD1I"N!^>35?Q7-/K7CZZAE?
M_EZ%LG^RH;:*]ITW0=+TFR2TM+.)(U&"2@);W)[F@X;U*TGRNR1Q/@SXC76I
MO<V^KQQL8+=IQ/$NW(7J&'0>U<U<?%7Q)).[PO;01D_+'Y(;:/J>M==\0DTW
MP]X6N(]/LX+:?4I!$QB0`L.K?H/UKG?AO:6]O;7NKW5JEP&86\*NH(S]YCS^
M%9U:D*4'.;LD'+6G4C1C+4HI\5/$ZR*S36L@!Y0P#YO;BMOQC\0]7L[^VM=,
M9+4K;QRSAHPS!V&=ISZ`BNOL[_39)B)-+MHMJE@ZQKQ@9]/:O$=3O9=7U:[O
MV#,T\C2GV7/'Y#%1A\12Q$.>F[H,3"MAERSEJSWC0=>35?"L&L2[0?)+3!>`
MK+][^5>=:-\3M7G\30F]DC_L^XEV&$1@>6I.`0>O&161I/B<V/@35M&WD2S2
M+Y/LK</C\OUKF3'(L2R[6",2%;L2.O\`,5N8U,1)J+B_4]_\9:O<:%X7N[^U
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M`(&<$'M@5Z#0>A3G&<;ID=Q<0VEM)<W$BQ0Q(7=V.`J@9)-8-IX[T&]MKRXC
MGF1;.#[3(LL#HS0]I%!&64^HJ]XFTJ37/#6H:7#(L<EU`T:,W0$CC/M7(75_
M>ZGH&I:;=V^DV$BZ8;2,->Q-+)-C!`(.%C]CSF@T.EU/QIHFDM`MU-*3-"+C
M]U`S^7$?XWP/E7W-;/VF#[+]K\U/(V>9YF?EVXSG/IBO,]32\LY+J;2-0M))
MM0TVWM_,COH%:VEB!X.\X9&SSCFNAN-0AU3PU)H5UJ%E$\^EB.2[^V1[1,5V
ME=H.>O.1Q0!K:)XLTGQ!</;V,DWF+&)56:%H_,C)P'7</F7/<5?U34[31M-G
MU&_E$5M;IOD<C.!].Y[5A>$KW4;T1QW%A9006=JD!FBN4F>208SM*DX3`S@X
M/-1^.FT[6/#U[HRZQ8VU[E'1)YU4!E8.`P]#C]:`+,?CK2&L-0NYH[RV.G(D
MEQ!/`5E"/]U@O<&G:MXVTC1[Q[6=;J9X8EFN&MX#(MNC=&<CI^IKF=8UFX\1
M>'-9M[B71[)[B"..U@^W1M(S`Y8LX.-OH*I:Y)/!J>L76A:S9LVK10E)H=1B
MB:WDB4KAMV=R'VH`]2C=98UD1@RN`RD=P:YS6?'VBZ%J<FGW@N?.C`+&./*\
MC(YSZ5I:/JUE>VT%O'J-M<W2PKYJQ3*YR`,GCWKQ[XG2%/'=XN`RE(L@_P"X
M*UI0YY6,*]24(7B=\?BUX95BI%[D?],/_KTG_"V_#'I>_P#?C_Z]>,OB0DK@
M(.N1T^E1>62I9?F4=?:NE4('$L7,^E]+U*WU?3(-1M=WD7";TWC!Q[BK?7I7
M`H2OP24@D$6'4'_:K6^&Y+>![$LQ)S)R3G^,USRIV@Y>=COC4O)1\KG445SM
M[K^KOJEQ8Z+HHNQ:[1---,(EW$9PN>M5-"\:7.M/J-@-+$.JV(/^CM*-CD'!
M&[M@TO92M<?M(WL=9D'H11D>HKRSX8W&H'Q-JBB`/&[?Z0S2_P"I.YL8'?GB
MKXU"TNM+\3):Z>+22)?GD65F,GSGUZ?AZU->'L9<M[F#Q244[;W_``^1Z+UH
MKSG0/$.HZ+X3BN1IGVBRCE(>=I@&R6[#T[5T.J^,[>QTFQO+>V>XDU`?N8\X
MQTSD_4XK%35KA#%TY0YGII?^NYTM%<K'XNO+76K;3-8TH6C76!&Z2[QDG`S^
M/%,7QP+/5[W3]8M5M3;JS1NK$B3'(Z^HZ4^=%?6J75VZ'6U4U+4(=,M&N9VP
MHX`'5CV`JKX>U.[U?3%OKJT6V$IS$@8DE>Q/UK#\=2-YUI&<[0K,/K73AJ:K
M5%%[,V4U*/,BE<>+M6EE+1,D*=D5`<?4FM#2/%\CS+!J)1@QP)D7&#[BN3S\
MO7/Z4G?&<#OQ7ORPE&4>7EL3S,]8R?6C<:R=/U+9I=IYX+2&!23D#/;O]*D.
MM1>9Y2P2L_HN/;G]3^5?/NC*[5C:Z-+<:,FL\:Q`1DQ2@'IQU_SUJ6'4H9KH
M0*KACGJ.F/\`)_*DZ<ET"Z+U%4-;UFST#2IM2OGVPPCH.K'L![DUYSI7Q.US
MQ%XG@LK*UM+2S9B\AE4NRQ+RS$Y`S@?G2C3E)71G*<8NS/5"0!DG`'>HUN8'
M;:L\;-Z!P37GTOBP^(+J6)"T42$F.//#+ZGWIN,'(XKY_&9K/#5G2=/;NR(U
MHS5XZH](HKF?#VL2M,+*Y<N&'[MCU!]*S/%=W%!K]VL][=V[C3%:R%NS[C-O
M;[H'!/0<UZN#Q$,7#G@:<VESN:*X1/$VOP7]O9W7EQW2FUC-F827N0ZCS)`W
M0;23[#:<U%+XN\0PEU-O&[0NUA)B$\W1)\MQ_L8`)^M=GLI"YT>@45S6O7L\
M.JZ)9PRM+=B1Y988LCS%$3<GVW8K%M_%FM3:?,\,\%S(8;=VD6V*BUE>4(T3
M#/S8!)]>.:2IMJX.:1W]%<%J'BC7K.$0;X0\=U<0F[>((CE-I0$$X&=QZ?W>
M*UM*UR_N?%=QIMVR%!")$2W0,L?"Y#MU#9)QQ@BATVE<%-'3T445F6%%%%`!
M1110`5DZG=W$%SMBF"#9G!Q_6M:L36`WVO@'&SL#03+8A.H7>3_I(XS_`'?1
MO?V%,EU>>#<9+L+UQP#W/I^%9VHWCVW[M<B1N<D=!\P[_6L5G&XECEFY]S7F
M8K'^RER05V8.;6ATG_"2';_Q]29S_P`\OI_]>I;;7);MPL-R2%'SEE"CMQR>
M>]<KAF^]P/05T6G1/%90*%/)+=#WVU&$Q=6O4Y96^01DV6==\9V_AVYTBTN;
M::>34WV(\9&%.5&3G_>JAXC^)=AH6L/I%MIMYJ=[&`9([=>$XSU[G\*P/B7_
M`,A_P9_U\?\`LT=/\4^%/$FB^);[Q?X7NX6WH7G@;&X`#+<'@CC..#7JG2C>
MO_B1::=X6L=>N-+O%2\E,0MS@.A&>N?I3_#GQ`3Q%JZ:>NA:E9[T9_.N(\(,
M=L^]<!XR\3R^+?AOI6I30K#.NH&*0)]TL%/(]CD5Z#X8B\<K?HVOW.G2:?Y)
MPMNF'W<;?ZT#.#^(VA7&B^)FU6$-]GO)/.23^[)U(_K76:3\6-(FL%.J)-;W
M2K\X1-RN?5?\#77WD>FZH9M)NUBN"8P\D#<D*3@'VY%</=?#?PI)))+#JEQ;
M1QSB!T$@8+(<87)&<\C\Z9Q.E4A)RI]3D?&7BN7QCJD$5I;R+;Q'9!$>7=CW
M('<\<5UMGK>@>"-&@\/:HDMQ=@>=<K"FX([<XSD<@8Z5T&D^%O#7A.19XE`N
M""!/.^YN!DX[#CTJ+Q!\/='\0ZC]OEFGMYY``YA88?`ZX(/-*45)6DKH(TZL
M&ZB?O'*ZYX^T&?0[NUTBSN8KNXC\L/(H`4'KSD]LU6^&'A]-475KBX7]TUN;
M5"1W;J1[@`?G6Q=_"WP[80>==:M>1Q[@N3M.2>`.%ZUV/AO2=-T72([;2]Q@
M<F3>Y.YR>"3GZ5,*<*:Y8*R\AJ%6I44ZO0^?+FWDL[F6VF&V2%RC`]B#BN_U
MOPO]F^%.GW.S$]NPN9/I)@'_`-E_*NNU+X=:#JFM'59O.5I&WRQ)(`DC>I[_
M`%Q70W4%E?6LVG7"(\+QA7C/`VG@?RJS.GA6N:_78\:TO4C+\-=:TQCDV\T4
MJ?[K.`?U'ZU/X/T-_$'A+7K*'_7AXI8<GJR[N/Q&17>0>`_#FCZ5J$+F7R+M
M`LTDLO*J#D8],'FM3PWX8T_PO9R6UB7<R-NEDD8%F/;ITH''#RNN;M8\G\&>
M+CX4N;FRO[5I;.=L31X^>-AP>#U]"*M^(];\$M92)HFA(UW*/];(A18\]P,]
M?TKN=2\->%?&,\DX.+I5RTT!*,1V)!&&Z=:IV?PH\/6TF^XFNKL`_<>0*OT.
MT`T"]C52Y%9HYCX5:!-=ZT=8D0BVM%*HQ'#R$8X^@->P56LQ901BRLUCC2!<
M")!@*,D=/J#5F@ZJ5-4X\H5\[W>A7HUGS)="O'\K5;B:0BP9_,B9AMYQR.&_
M.OHBO%3K>M::52;4;J2VU?51]F<RDF)XKK:\8]%*8./:@U.4CT74XS;[?#MX
MK+;21R8L"5+;?D."N0V[KSCI]*?'H>H^6A;0;Q9!9-'_`,@YCB4X^;[OMUYK
MTVT@UT^,+KPR=5D6QL6;48YVE)D*."(XF/=5?)/J`!6#?ZE?:)X8UW2[V>\C
MUV.R2X-['?M+%<)YJKO7GY#SC&!0!T/PDLIK2UUEWTN?38IKM6BAFC*'&P`D
M`]LY^E<)XZT:ZNO%'B$?V9=LTUY#)!,ED\@*K&0P#`=R5_*O8/"EL]MI\@EM
MI;=V<';)?FZ)&!SN/3Z5Y[XAU[6-&UKQ)?-J5S_9TCR6"H)#BVE,*O$ZCMD[
MAQZT`<>]A.)U=-`O!B^+@KIK8,);D,"OITQ[C'>EAT^=E@,^A7?[O46FD_XE
MC?/#N3"_=]`W'O[UZ%=S:_#KECHEMJ%PT'B6WBE\YICOM-@!GV9Z;EZ>YJU;
M2:CH?C`Q:Z]_*M]<2+IMW%>%H-NT[8GBSP0`><')YH`Y[X86-Q%XS65])N;8
M1V,B2W$EJ85E8R97@@=%P,]3BLSXH_\`(^7?_7.+_P!`%=U\,1J-UI-MJ-_'
M?L9K?(N9]0,J3'=VCS\M<)\42/\`A/;O_KG%_P"@"NC#?&<N*_AG+0G<XB)^
M5CZTB#8IDSST44U'V2!L`X[4Z4KN^7D;1S7=U/+MJ>Q+_P`D0'_7A_[-4WP_
M\0:/9^$;&TN=2MXK@,X\MI`&R7../QJ[X8DBC^&>GO-&LD8MAN5E#`C=W!ZT
MTQV8O98+;2[:5H)(E\P6:*K;SC<I[[3UKD33BX/O<]6S4E)=C"UW7;^3X@-I
M5_K,^BZ;&F4>)@N_C(.<=S_*JWPX:-_'>KM%<O=1E'*SR'YI!O&&/N:Z>[U%
M+J95O+`W&V)Y$=[17'R[LKST/R_K3[>^BMY@]O:".YFM7G)BM%&[!^[N[DXX
MK3G]SE2Z6(Y??YF^IS7PXGCL/&&MV%VWDW,TA\N-Q@MAF)Q^!S4.GG_0O%WT
M_P#9VKJ;?5?MEY;7(LBLTOF[9I+90Z!`._7G.`*;#J*-I#WPL!$)US+$ULH)
M^?;\Q^O/-<^(A*K)2V_JQC*CS))/:_XK_@G-+J=DGPQ:P-S']J:7B'/S??!Z
M?2DUZWE@\->&7F5XD0-O<#E,D$'ZXYKL+6&TGOI[=+:W22WC60-]C7#9&<`^
MHX_.F0:O-J,5E'-;OLOB0`]NK*F,_>].E<_L)-;D?56XVD^B7W,RC9Z#<ZMI
MT_\`;U]JEUYRB%`ZN1SG)XX7UK-\8N_B'5KF73+598])CQ/,/XSGI[@<_K72
MBZCL)[PQVL</V601&1+909,C/'MV_&F)J[6JW<4=DT212K&0MNJK+G(S_P".
MD>_`I_5Y-%2H*47%NU][?\$UO#.L0ZWHD-S&%1U&R1%Z*P_IZ4WQ)HYU:R`B
M($\63'GH?44:%-$UQ?6T=J(#;R*I*PB,/QUXK$\9ZI?:3KVF7EO--]FM89)[
MF!"<2H&53D=R`V1]*ZL)2J.LHQ?O?\#]3N@VH+FU.;GMI[-S'/$Z2#LXQ5_1
MM#N=6F4E62W4_/(1@8]!ZFJ<FIZ\FBS2W-U,?-U*-KAWE*>1$Z;@@8`E%R0,
M@5<NKG4+BWTE-/DN+E#;W4CQVNIO\Y4KC]X5RQ&>F*]^?M>6R:N[Z]-K^0E8
M?XYT_2;G5[.WO9!"0(DB8S%`$&XLI`/0@8SV.*XMH-$E>.:XN2J6R0QS*+AO
MWGF(@4CG^$^83CI@9KKK?4!</I2>(M9FBL7TQ9([A',?G3%OF#-C.5&!@X[U
M+=ZW.GB1+ZS@N)=$L)8[21UC4Q2!N'=B>25+)SCL:O#U*M&*IZNR[V6]K+3=
M[6Z/432>IP?B#3($M[LZ=A9+>1&`6?&8=K9;!=MW(7IS["N]\"O93Z%H=S:V
M2VKM>R*_[PNSD1L"23SSCITJO;WB#4G%O?RRZK_;;0K9[MR&W\S!^3&``F3G
MVHAU*9;NV:#4;EM=;5VBFL=QV+!O((\O&`H3!#?K5XFK4KT?9-;=;OLUKY>8
M123N3?&F*X?P]8R1JQACN?WI'094@9_&N"\!?-?:K$G^NDTN81^IZ$@?@#7O
M>H:?:ZI8S6-["LUO,NUT;N*X&U^$[Z1XAM]3TC6/+CADW"*>+>=IX*Y!&002
M*^;I58JGRLFK2<G='):&&;58BG;)/TQ76U?NO!XTFXFGT^%I(I23@<L@],>E
M5$M;B1]B02%CV"&OB,]J2KXO2+22LO/^KF&%H2HPY9;DFG!FU.V"=?-7^=:?
MB'4+C3O%&GRRWDAL'\N/[-;SJL@D9\;F0C+J>!QTP:O:#H;VC_:KH`2XPB==
MON?>G:F-3&L0RVFG6]Q&JK^^=1O3D[@#UY&`/3FO7R7#3H4FZBLWT.RSL8Z>
M-;VX@5;6&REN_LD\KQ&7:$=)0B@DGC().#C.*AC\87;7]I=/J-HNG/ILMPX-
MNREW1L'`R3D'L,\`_6M&2769(&*^';5#-$3)D!CN]".^:MVDNHW,T276A06\
M42G:Q(8I\G11[DXKW/=706O<Q+'Q9>:C<VZ3+&'AO3&6A8JLBF!G&0&/Y9-2
M6OC#4?L)EO191//907-NT:,54RL5"L"PSTZY`YJS&_B",PK!I$"1X!.854J<
MD=CUQP<=!ZU8E76O(C3[#;S*P*LK0K]W)*@C.,8QGWH?+V!7.>F\7ZBSVNI+
M<V=NZV%TTD4[D12M%*!\H#?>('')QD]:L76LW4NJHRO-"OVT[H_-;D&T+[2.
MV#Z=^:ZK2[9KG2+5M4L($N0N7C\M<*V>P[=JOF"$MN,2$DYR5&<XQG\J3G%=
M!\K?4X&P\1:\NWR9;>9%T6*\BMI0S/(?XOF)RS8!_2M2Z\0W>H>%+K5K1A!"
MUY%':2)]YX_-12QSZY8?2NDN=/@N8#'M\D["BR1`*Z`]0IQQ3K6PMK.PAL88
M5%O`@1$/(`'3K2<X[V!1>USE)/&&IVSSSRVEM);@WBPQQ[O,)@R02>G('0#B
MJ$7BO4K>XU"<W%I=R2/:0H\))@BWJQ)P6Z]NHR<?2N_$,0((B0$$D?*.">OY
MU&MC9K"T*VD`B?AD$8VM]10IQ[#Y7W.2?QEJ,5SI5O+!:1M?JGF-N+"V._;N
M8@D88?=YZ]345OXTUF[BOI8-.ML1K(8EDD5#&RR;</EN21S_``\C'>NS%I;!
M"@MX@I`!4(,8'0?A2-8V;M(S6D#&88D)C!W_`%]:.:/8.67<@T:_&IZ/:WHD
M63SHPVY$*`GO@$DC\ZH:V0DSRL<*D623_P#J-;:HJ($0!5`P`!@"L:\TV*;4
M-GVE&F:/.V;YB!G\@*QEY#DG8XV><W$\DB@G<Q()["FA=N>I)ZDUU<GAV&:0
MYFMPW<*<>OI[_P`J:OA^VA+MY]N=@R=QW;1SV^G\J\*66UI2>JU_KL<_LY&%
M96$MVX;81#D!FP>><8%=`(6'ECV';V7_`&:>+%,K$+FVR?F`"]1P<_I3ELD:
M&&9;JV*/M"-M^\3C'\J]+"X6.'C9:MEQ@T5=:\*6'B.]T:>ZNIHI]/\`WT21
MXP^"I.<CU`_.L[7?AO9ZUK5S=MK]_:F\P9;:.0;6&,<#TX]ZW=2L/M,D$,=^
M()1!CY202NY23D=!QBHUT:Z-Y/<?VFF^2((K@G</O8[^I[>E=9NC.O\`X9Z-
M=^&K/08I;BVMK64S!T(+NY!R6)'O2^'?`-MH6K)J,.N:E>&(,GE3S!DY&.1Z
MBMB#3[J-[DMJ`!F@$<:HY(B.WJ,]>F<]>34&D:;+8W,<DFH)(F7'E(S8WLQ/
M?K^/I3`L0:$\.KMJ9OYGD>1V>,@;"A&`N/;`Y]O>JT_A43WTEP;Q@DDXN/+V
M<!P1@]?3(_$>E%%`$2>#\1E'OW<?,,LN2P((R>>O-6'\,YN6DCNMD;.&50G,
M(#;L)SQGH?:BB@!\WAU'T2VTU)0/L\B2%L$;RIR<X(//KFDG\."X0$W!BEV;
M/,C!RHV,N`22?XL]>U%%`%.;P[]@TV>9IQ*Z1'`*\#Y@Q[]"!@_6H[7PW/>Z
M2K&\6+[0NXHL>54%I",<\8WC_OFBB@#3U+0FU&TB@:=,I#Y3&2/=Z?,!GAN/
MUJ33M&:PO);@W'F!PP^[@MN<MECGDCH/:BB@"A:^$A`8P]R&1#'E`I(DV-NY
MR3^0X]J8_A*9Q<9OQNF8,#Y?W2-W.,XS\WZ444`:MGI<MG<23+<AS(?FW)VW
M,>.?>M&BB@`JD^BZ7)#'"^G6S1Q2^=&AB!"29)W#T.23FBB@"7[#:?:I+K[-
M%Y\L8CDDV#<Z#^$GN.>E4X?#.A06\]O%H]DD-P`)D$"XD`.0#QR/:BB@"Q8:
M1INE[O[/L8+7?][RHPN?RJ"Z\.:->V]W!=:=#+%>R"6X5A_K'&`&/OP***`)
MSI&GM=VEV;6,SV2&.WDQS$I&"!^`JM#X7T2WU1]3BTZ(7CEB93DD%OO$`G`)
M]J**`(]/\):#I,RS6&FQV[I]W:S8'T&<5:NM"TB^G-Q=Z9:3S-@&22%68XZ<
MD444T[;":3W(O^$8T#_H"6'_`(#)_A1_PB^@?]`2P_\``9/\***.9]Q<L>Q>
MCM+>&U%K%"D<"C:L:#:H'H`.E1_V=:?\\?\`QX_XT4478[(/[.M/^>7_`(\?
M\:/[.M/^>/\`X\?\:**+L+(/[.M/^>/_`(\?\:/[.M/^>/\`X\?\:**+L+(/
M[.M/^>/_`(\?\:/[.M/^>/\`X\?\:**+L+(/[-M/^>/_`(\?\:/[.M/^>/\`
MX\?\:**+L+(EAMXK<$1+M!Y/)-0W4%S+/$T,J(@!#AAG/I1151>HR$VE_P"0
MRK<QAF5AR,\_P\XY_+TH^QWI)"W*QJ54*57E3_%CCO116EQ%B*"8"19FCD4G
M*#9T^M1S6MVUSF*9$@\L@IM_B]?Y445";N,C-G?*C;+F/=LVAMF#G/7/Z5/#
M#.DJO(8V)7#,!@_GCFBBJO=`6J***Q`****`"BBB@`HHHH`****`"BBB@`HH
MHH`****`"BBB@`K/U#1X=1F262:6-D7`\L@9^O'-%%`%3_A%-/\`+1"TI"-N
M'S#W_P`2?K2GPM8%OEDF0;]Y52`"<$>GN:**`')X9LDCC02S_N^F6'\L>_2H
ME\)6"J@\ZY.S&,N.PP.WIZ444`6)/#UG););%I!$D0BV@CD`YZGWJ"/PI9)-
M*[22%'.50$#;Q@\_R]***`!O"6GLH023JG'R*_!(&,].N*LV^@VMM>_:TDF+
..YR%+?*.O&/QHHH`__]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>g199921ba05i004.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g199921ba05i004.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``H'!P@'!@H("`@+"@H+#A@0#@T-
M#AT5%A$8(Q\E)"(?(B$F*S<O)BDT*2$B,$$Q-#D[/CX^)2Y$24,\2#<]/CO_
MVP!#`0H+"PX-#AP0$!P[*"(H.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[
M.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SO_P``1"``V`'T#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#TWQ'XDLO#
M.G&[O&+,QQ%$OWI&]!_C7D^J?$OQ'?RL8+A;&+LD*C(^K'D_I47Q$U:34O%U
MU&S'RK,^3&OICJ?Q-=UX+^'VF6FEP7NJ6J75Y,H?;*,K&#T`'K[UFVY.R."4
MJE:;C!V2.%T[XC^)K"0,]]]K3/*3J#G\1R*[#7_B)./!]CJ&FJ+>[OG9"&^;
MR]OWB/7MBNAU/P!X:U,AI-.6!P?O6Q\LGZXXKR_X@O:PZ\FE6$8CM=-B$2(#
MT8\M^/-+5(4O:T8.\B'_`(6#XK_Z##_]^T_PH'Q#\5!@?[7?CUC3'\J[7PAX
M?T"U\,VDVK6$-Q=70,I,D>XA2>![<5T%KHOA*XF"Q:19A^HW0`5C[>GS\CFK
M]BXX3$2@IW=CBO$GQ`UAM#TE;>7['=7,)EN&C&#C.!C/0'&:Z'X:^*KS7;2Y
MM-1F\ZXMB&60C#,A]?H:\T\7:BNJ>)[V>/`B1_*B`X`1>!C\JO\`P[U/^S/&
M%L&;$=T#`_IST_45JI>\80K2]MJ]-CL/B7XNU#2;FWTS3+DV[LGF32)]['8#
MTJY\-/%-YKMG<VFHS^=<VQ!60@`LA]?H:\T\7ZE_:WBF_N@V4\TQI_NKP*O_
M``YU/^S?&%LK-B.Z!A;\>GZBFI>\-5W[??0]!^)?B'4-"TJV73I?)DNI"K2@
M9*@#/%'PU\0ZAKND7(U&7SI;60*)3P6!&>?\:ROC%_QX:7_UU?\`D*YSP[JT
MFD>`=<E@8I--/'"C#J-PY/Y9IWM(UE4<:[N]+'2>+/BA]AN9+#0T262,[9+E
M^5!]%'?ZUQ3^//%#S>:=9F4Y^ZH4+^6*/!?AG_A)M:%M([);0KYDS+U(ST'U
MKN]1U/X>:#+)I$VFQ2M'\LGEV_F$'T+'G-+5ZW,KU*JYW*R*W@?XAZEJNKPZ
M3JD:3&8'9.B[6!`SR.E>E"O+M'\2?#S0;U[RPM+U)F!`9XRVP'L,GBN^T'Q%
MIOB.T:YTZ8NJ-M=77:RGW%7%Z;G50EI9RNSQ/QM:26/C'4D<8WS&52>X;D5[
M-X4URUUW0;:XMY%+HBI+&#RC`8((K(\>>"_^$EMUNK,JFH0#"[N!*O\`=/\`
M0UY%(FK^';TJWVK3KA>"02A/XCJ*CX6<]Y8>HW:Z9]!:KJEIH^G2WUY*L<42
MYY/WCV`]2:^?T6?Q%XC`P6FO[GGO]X_T%,DN=7U^Y1'FN]0FSA5+-(1]/2O0
MO#O@K4/#NB7NM/$'U@0-]E@'S>5QU]VHOS"E*6(:LM$=G<Z#N\H6SJBQQJFT
MCL!@5E:W`_A[0[S4Y9E+11$1A>[G@?SKR-]?UXR,TFJWX<GY@9G&#].U5[G5
M-2O(O*NKZZGCSG9)(S#/T-<$L%AG5]KRZ[G2\SG[/V:1H>$-*&M^*+*SD7?&
M7WR@]U')JMK=C)HOB&[M%)1K><["."!G*G\J[SX1Z-(LEYJ\T+*I410EEQGN
MQ'Z51^+6DM;ZU!JB(?*N8]CL!P'7U^H_E7=;W;G$Z+5#FZG-^$-+_MOQ59VD
MB[XR^^8'NHY-5M6M9=!\1W,"Y5[2Y)0^P.5_2N[^$6D.&O-7EC(4J(86(Z]V
M(_2J'Q9TEK?6X=41#Y5S&%=@.`Z^OU'\J.7W;@Z5J*GU+OQ/O4U+P[H5[&<K
M/E_S45S6FV;W7P\U>1%)^SW<4C`>F"#_`#J;4XK^7X;:1+-!((K>YD56(/"'
MH?IG-=3\)['SO#^IBY@+6]S(%&X<.-N#1NR^5U*OJOT.>^&&N6VDZ_)!=NL<
M=Y&$5VX`8'(!/O6YK_PKN]0UFXOK#4(%BN',A28'*D]<$=17-^+/`.HZ#<23
M6D+W>GDY5T&YHQZ,/ZUA1^(-8@M_LJ:M>1PXQY8G8`>W6B]E9D\W)'V=2.Q-
MX@T,^'K_`.Q27UO=3`9D$&2(_8D]Z]!^$-@_]E7]TX(26950^NT'/\ZXCP[X
M.U;Q)<CRH7AMB<R74JD`#OC/WC7N6DZ9;:/ID.GVB;885P/4^I/N:<%K<TPU
M*\^>UD0WNKO9W)A&EZA<@#/F01!E_,D54EUI9UVS>'-3E7T>V0C]6K<Q1BM#
MO:;ZF%#K$=L,0>&]2B!_N6J+_)JD_P"$AD_Z`6K_`/?A?_BJV:Q-6UR]L=36
MRL[".Z(MFN'W3;#M!Q@<')H)=X]1#K:DY/AW5"?4VR?_`!5']MK_`-"YJ?\`
MX#)_\53+;Q;8R[7DE54F\L0HJLTA++NP0!_*B/QAIL@D0L\4RRR1(CQL=Y3J
M>!TYI:"NNY,/$#@8&@ZL`.P@7_XJFR:[YJ%)/#VJ.IZAK="/_0J@L?%UM+=O
M;WC)%D1^5)&&*.67=U(X]L]:MS>(K/;`;:XB8S&-AY@8`HYP"..O%,.9-;C%
MUXHH5/#^JJHZ`6Z@#_QZDDUWS5*2>'M5=3V:W4C_`-"IESXNTZ.V$MM)YNYR
MJ[D=0P`RS#"G('J.*LP^)=*GO(K2.ZW2R@;<(VTDC(7=C&<<XZT#NNY"VN[D
M\MO#^JE,8VFW7'Y;J5->,:A4\/ZJJCH!;J`/_'J&UV8>)O[),$<4>T,LDLA5
MI<C/R#&&QT/.:;J'B5+#Q!;:68=Z2[1--NQY1;(08[YP:!7\Q_\`PD,G_0"U
M?_OPO_Q55VU&U>3S&\+7[/\`WC9QY_/=70TM!7*^YBCQ`X&!H.K`#MY"_P#Q
M5:5C=&\MQ,;:>V)./+G4*WY`FI\4M,:3[A11104%96I^';35;I;F>6YC<1&(
M^3,4#H3DJ<=1110)I/<AN/"6F7$;QXEBCD*;DC?`P@PH''''IS4T7ARPAG:9
M!)N82`Y<G_68W?RHHHL+DCV*Z>$-,2:-PUP438?*,QV,4&%)'<@46_A#3+<$
M`W$@W(5\R4ML"$E5'^SDGBBBE9"Y(]BO!X.B$;Q3W-PL<<C?9?*G;,4;#!3)
M'0^E6X/"FFVUU%/&9P(2K+"93Y9=5VAR.[8[T446!0CV)KO0+:]OTO)Y[HM&
M=R1B8A$;&-P'8X-5I?!VD7!EDN(GFGD*G[1(^9%*XQANW2BBG8?+'L:UK;"U
9B\L2RR98MNE?<>3TSZ5/110-!1110,__V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>g199921ba05i005.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g199921ba05i005.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``H'!P@'!@H("`@+"@H+#A@0#@T-
M#AT5%A$8(Q\E)"(?(B$F*S<O)BDT*2$B,$$Q-#D[/CX^)2Y$24,\2#<]/CO_
MVP!#`0H+"PX-#AP0$!P[*"(H.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[
M.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SO_P``1"``X`(4#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#U;6M9L]!T
MR74+Y]L4?``ZNW91[FO'-<^(^O:M,WV>X:PM\G;'`<-CW;J36I\7-4EGUNWT
MP$B&VB$A'J[=_P`A^M6OAKX+L=0LO[;U.);A2Y6"%Q\HQU8COS_*LVVW9'!5
MG.I4]G!V.&A\1ZU!)YD.L7JOZ_:&/\S7H/@WX@ZA=6>HIJQ28V-HUPDV-I..
M-K8XY)'-=Y=Z#I%];FWN=-MI(L8VF(#'TQTK@_'NG:3X2\*FQTFU6"34I@LC
M;BS,B_,1D\XSBBSCK</95*/O<VAPMQXO\174[S2:Q=J7.=J2E57V`'05%_PE
M&O?]!N^_\"&_QK>^&NF6UYKLU[?1I);646XJZ[@78X7COWKT[[1H/_0+A_\`
M`=*Y:F(I4G:I-)BH86M7CSQ;/.?`WBW68]6F-W>W%W916TDLXF<L$"J2"">G
M.![YKGSXNU\ZF=1&J77G;]X7S3L^FWICMBO1OB1?65AX0$%A%%"=1E"'RD"Y
M5>3G'T`KR"MKII6=S&MSTVH7V/I+3]2AOM'M]2#`12PB4D=`,9/Y5X7JOC#6
MK_6);Z/4[F%?,)A2.4JJ+G@`=*Z/2?$WD?"?4+0O^_BD^S1\\[9.?Y;ORKSZ
MJE*]BL16<HQL?0_A75CK?AJRU!V!EDCQ+@8^<<-^HKSGXG:]JL'B86-O?3V\
M$,2,J0N4RQY)..M:GP?U3?9WVE.QS$XFC'L>#^H'YUS?Q3_Y'67_`*X1_P`J
MIN\36K4<J"DCTCPAKKW7@BWU35)P#&C>;,YZA21D^^!7`>)?B?J>H3O#H[M8
MV@.%<#]Z_N3_``_055U/5)+?X9:/IL;8%U-*\F.ZJW`_,_I4GPZ\(V_B*]FN
M[]2]G:$#R^GF.>Q]@.OU%)MO1$RJ3GRTXOH<W_PD.L^;YO\`:][OSG/VE^OY
MUW/P^\;ZU?:[!H^H3?:X9@V))!\Z$*3U[CCO6MJ'C?P7822Z6-,%Q%%\C>3;
M(8R>A`SU^M9VE>-?`VBSO/IVC7,$L@P7$8)QZ#+<"A:/<4%R23YSU"BL;P[X
MITSQ-:R3V+NIB8+)'*-K+GI^!HK4]%24E='F7Q8M)8?%:7++^[N+==I]UR#_
M`$KJOA5KEK<:"-(:0+=VK,0A/+H3G(]<9Q6]XO\`#$/BC2#;,PCN(CO@E(^Z
MWH?8]Z\0U'2]5\.7_EW<,UI-&?DD4D`^ZL.M9.\7<\^IS4:O.EHSZ,)`&3P!
M7B7Q*U^'6O$2Q6D@DM[)#&&7HSD_,1^@_"L&Y\1ZW>0>1<:M=RQ$8*-*<'Z^
MM;/A'P)?^(;E)KF)[;3E.7E88,@]%'?Z]*'+FT0JE9U_<@CM/AQH&/!KS2`I
M)?2^8IQ_"O"_U_.M_P#X1ZY_Y[1_D:\W\<:_K>F^(Y=-MKJ:PL[152VBA8H-
MF!@^]<[_`,)5K_\`T&[W_O\`FN+$8+#UY<U1:HZ:6/>'C[./0W/B3=AM?CTQ
M'+1Z?$%)]7;YF/\`+\J:GADGX8OK7E_OA=^8#_TR^Y_/FN747.HWH13)<7-P
M^!DEF=B?UKZ#CT.!?"PT,@&+[+Y!^NW&?SYKJIPBERQV1S03Q$YSEU/G@.P0
MH&.TG)7/!-=9X?\`#7]H^!M<U+R\RQE?(('/R?,_Y@_I7*SV\MM=26LJ%9HW
M*,F.<@XQ7OWA31ETSPE9Z=-&`S0YF4]V;EL_GBJBKLRP]+GD[GD/@#5/[+\8
M63LV(K@^0_T;I^N*N_%/_D=9?^N$?\JY[5[&71-?N;(;EDMIR(SCD@'*D?AB
MMSXCF=_$<-Q<PM$\]G"Y##OMY'X'BETL*[]DXOHR+5[)V\!:!?J"41YX6/H2
MV1_(UT7PEUVVMI+K1[B18WN&$D&[@,<8*Y]>GZUO>$M"BU?X90:;J$;+'<!V
M4XY7YB58?SKS+Q#X5U3PU=E+J%FAS^[N8P2C?CV/L:>JU-7&5)QJ)=#L=1^$
M-W+J$TECJ4`MW<LBRJVY<G.#CK]:XGQ#H@\/ZB;%K^"[E49D\C.(SZ$GO3?^
M$GUW[/Y']LWGE8QCSFZ?6I_#_A?5/$MV([2%A"3^\N7!V(/7/<^PI.SV1C)P
MGI".IVOPDTZ26RU*Y8;8WD1%8]RH)/\`Z$**]!T72+70M*@TZT7$<*XR>K'N
MQ]R:*V2LCU*5/D@HL34M9L])\O[5YW[S.WRX'DZ>NT'%9L_BC0;J,Q7$5Q,A
MZK)82L/R*U?U76XM+EAMUMI[NZN,F.WMU!8@=2<D``9')]:FAU2W>V@FG)LV
MGX6*Z(C?/I@GK]*"F[NUSGH=0\'6\OFPZ4(WSG<NEN#G_OBM`>,-'`P/M?\`
MX!2__$UJR:A91;_,O($V'#[I0-O..>>.:/M]GNC7[7!F7/ECS!\^.N/6@236
MS1B3^)/#MUC[3;33;>GF:?(V/S6H?[9\*?\`0./_`(+'_P#B*V+37+&[@FG\
MU88H6VL\LB@?7()X^M7?M$)@^T":/R=N[S-PVX]<],4!9OJCGH=?\-6\GF06
M<D3C^)--D4_F%JQ_PF.D>MY_X!2__$UISZA&FG/?6ZM>(J[E6V(<O].<'\ZJ
M:3XBM-6M$N0DEHLO^J6Y*HT@]0,GCK^5`7:=KF<^O>&9+H73V4C7`.1*=.D+
M?GMJS_PF.D>MY_X!2_\`Q-:8U33VB,JW]L8P<%Q,N`?KGV/Y4[^T++=&OVR#
M,J[D'F#YAZCU%`*_=&'+XA\-S7"W$MK+),GW9&TZ0LOT.VBY\1>'+T*+NUFN
M-IROFZ?(V/IE:VDU33Y'"1W]L[,VU0LJDD^G7K4=IJUM<11-+(EO+*"5ADE7
M=@$C/!YZ4!9]T4%\7Z.H`7[6`.@%E+Q_X[2/XNT61"CBZ93U#6,I!_\`':O7
M6N6-M!%,LRSI+)Y:F*12,]^21TJT+VU-PMN+F$S,NX1B0;B/7'7%`:]SE_MO
M@SS?-_LA=_\`>_LM\_\`H%:">+=%B0)&MTBC@*MC*`/_`!VK4FO1+KHTB*UG
MFE5%>5T`VQ!LX)R<GIV!Q1J_B"RT6>SAN_,W7<FQ2BY"<@;F]!D@9]Z!;:W7
MW%K3]0M]3MOM%MYGE[BO[R-D.1[,`:*M44S5&/K&B27]W#?6=RMO=0QO"3)'
MO22-L95AD'J`<@UBR?#Y#';(M]N"(Z3B5"P8,P8[1N^7I@=>***5D0Z<7JRY
M/X.0KYEO/&MP+]KP/+"'5LY&UAG)`!XYJC'X/GL)K:VAD%Q%/;-;7,IA&8ER
MY#(<_*<OC'/:BBBR)=*(^/P+*L8=KZW,\?D^6%M0(CY6[&]<_-D-SSU%:'_"
M*+_PB3Z%]K(9V,AE"84,7WX"_P!W/&,]***+(:IQ70NZ+HPTG3)+4R([RN\D
MC(I5=S>@)./SK-C\%6XMDAEG\PIIQLE<QC*Y))<>AYQ1118?)':Q#:^"=DT4
MUU=02E)X)2D=L$1O*1E`QD]=V<^U+'X*,+P>3>I&D4+Q.1%\SJ2Y`ZXP-_'&
M1CKS1119"]E#L/@\$6MN8F1XP\9M"&$(!_<'/_CW>HH/!#6[VHCO8]D,312Y
M@R9E)8[6YQCY_3/OS1119![*'8B/@6X-M'&-1A++%+`1);>8B1OCA03D$;>"
M2:MP>#O)U.&Y^UH88IDGP81YI=4"8WYX0@9QBBBBR#V4"WJGA^?4M:M+[[5%
M%':NKKMA_?#'50^?NGN,55U#P>VLR23:GJ4K2M:BW4VX\L+R221DYR=O'M11
C19#=.+W-O3X+VWC*7EVMSA5"D1[2,*`2>><GFBBBF4E8_]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>g199921ba05i006.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g199921ba05i006.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``H'!P@'!@H("`@+"@H+#A@0#@T-
M#AT5%A$8(Q\E)"(?(B$F*S<O)BDT*2$B,$$Q-#D[/CX^)2Y$24,\2#<]/CO_
MVP!#`0H+"PX-#AP0$!P[*"(H.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[
M.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SO_P``1"``J`E4#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#UO4=1M=*L
M9;V]F6&"(99C_+ZUYEJ?Q>O&F9=*L(HX0>'N,EC[X!P*;\7-8F?4K;1U8K!%
M&)G`/WV/3/TQ^M;/@?P%I7]A6^H:I:)=7-T@D"RC*QJ>@`]<<Y]Z#CG.<YN$
M':QGZ'\69Y;R*#6+*(1R,%\ZW)&TD]2#VJ_XK^)DFBZS)INGV4<[08$LDK$#
M=C.`!6W-X(\+6US_`&HVF1H;<>9M5B$&.<[<XKR/3(?^$E\8)YV2EW<F68GL
MF=S?I0W979$Y5H)1O=LZ;_A;^K?]`NS_`.^G_P`:V[3XFF;PI>ZI-8HEU;2K
M"L8?Y'9AD>_8YJV=(\%;L?V%'C/78?\`&N3^)0T_3C8:1I5O#;V^TW,BQ#&6
M/"D_AFL*6)HUKJG).QI4IXBA'FJ,ZCP'X[N?$MY/8ZA##'.B>9&T60&7.",'
MN,BG>/?'%SX:GM[/3XHGN)5\QVER0BYP!@=S7FW@S5/[)\66%R3A#)Y4G^ZW
M']12^,]3_M7Q;J%P#NC5_*C_`-U>/YYK<P^L2]COJ>R>$O$`\2Z#'?F,1RAC
M'*@.0K#T]N]<IXB^)-YH_BUM.AM87M+=U2;=G>^<$D'MC-9WPBU,QZC>Z6S?
M+,@FC'^T.#^A'Y5S?CG_`)'O4O\`KNO_`*"*"Y5I>RC)/4]E\0>)-/\`#FG?
M;+YS\_$42_?D/H!_6O-[OXN:Q),3:65I#%GA7!=L>YR*R?'>H7&K^,9K8$E;
M=EMH4SP#W_,FNIO[/PAX$LK6TU'2_P"TKZ9-[LR!CZ$\\`9Z"@4JLYM\KLD7
M_"'Q(_MW4X],U"T6"XE!\J2(DHQ`S@@\BN]KR'3?%_@W2-1;4+'P[<1SG.#Y
M@(3/7:">*])\.^(;/Q+I@OK(.JABCHXPR,.QH.BA4YE9RNS5JMJ&HV6E6INK
M^ZBM8%.#)*X49_&K-<CXQ@ECUSP]JTMM+=:=8SR_:8XHC*4+)A)-@R3@YZ#C
M-!T'1)JVGRQVTD=[`Z7AQ;LL@(E.,_+ZTQ=<TI]4;2UU&V-\HR;<2C>._2N0
M>W-U<^%KFRT.?3[<:I-*8BARJE6^=A_!N/.#ZUEV`O\`3K[2]+;13/=1:S(]
MW++9.V%=R5G68<?=;'_ZJ`/3+J[M[&W>YNIXX((QEY)&"JH]R:CL-2L=5MA<
MZ?=PW4!.!)$X89].*Y?QF9M7TJVFMK&ZF@TW5HGO+8PG=-&A^;:I^^!D'WQ6
MIX:GM+N34+NRT>73XIK@'S)8S&;HA0-^P@%?3D<XH`U-1U.RTBRDO=0N8[:W
MC^](YP!GH/<^U5(O$^B3Z=%J,6I0/:2RB%)0>#(3@+Z@Y[&LGQU:7+C1]1BM
MY;JWTW4$N+F")=[LF",A?XL$YQ6+K"2:OH275AX=GL5EUVWFVF,B2=0PS*R8
MROX^E`'77?BK0K'54TJZU2WAO7P!"S<@GH">@)[`UKCI7D^MIJ^D2:[9PZ3)
M=7-YJ0NXV>P-Q'=0G&!NZ(4QW].*]63)C4GK@4`9%_XNT'3+Q[2]U&.">/&Y
M&5LC\A57_A8/A,==:@_[Y;_"O+OB//M\;WT;9VE4Y!_V17+RH&^X0P_O=Q]:
MZHT$TFS@GBI1FU8]Y_X6#X3_`.@W!^3?X5LZ?J5IJMDE[83K/;R9VR+G!P<'
MK7S.T97OD>HZ5[/X1ED@^$?G1.R2);SLK*<%2"V"*52BHI6>YI2Q#FW='=T5
MQ_PRO[S4?"S3WUS+<RBX==\C;CC`XK5UGQ59Z/>QV)M[J\NY$\P0VL6]E7U/
MH*RE3DIN"U:.A5$XJ3-NDKG=(\;Z9J^J/I8ANK2\09$-S'L+=\#WKCD\7WY^
M)!8QZH;,_+]@VG<#MQG9Z9YJHT9NZ[*Y,JT4D^YZGGVHKEI=1M1XYCLC>:@)
MR!^Y5AY'W<_7_P"O6#X9\5W%I>ZB;][V^4']W'&ID*`$Y/L.E<SFD8RQ4(R4
M7W:^X](HK&T[Q3IFIZ9-J$4I2&W_`-<)!@I]169_PL/3?)^T?8;_`.S[MOG>
M3\N?KFGS+N:O$4DDW+<ZRBN>U'QGIVG?9))(YI+>\4/'.BY7'?/N*L_\)):2
M:Y'I%M')<2L@D:2/!1%/J?\`/44^9#]M3O:YKDXKGM:\4QZ?*UM;1K/.OWR3
MA4]CZFM?4KAK?3+F=?O1QLP^N*\O+%F+,2Q/)R<DGUKT,'AXU;RGLBV['20^
M-[U9`9[:)T[A,@X]JZO3]2@U.V$]LQ*]&!ZJ?0UY<W.2>.<UT'@ZY>#47B)Q
M%)$S,.PQSFNG$X6'(Y05FA)ZG=;J7=5-M2M5&6D*COE3Q^E(-4LB<"=>N._7
M.*\KE?8TT+NZ@')JD-4LCQ]H3.0,'KS5FWGCG0O$X902I(]1UI--!H345A>*
M/%VF>%+-9[YF:23B*"/EY#_0>]8.A?$Q-8MK^]FTEK2SLE&9#-N+.?NH!@<G
M]*:A)QYDM#.4XQW9W=)7`RZY<:JOGK<,(G^ZB'`'M]:2"]N[9@T-Q(N.V[(/
MX5\_/.J<*C@X/3^MA*HGJCO\T9K-T;5!J5N=P"S)PZCH?<5RMYK6JV=SJ-\F
MJDK;:HEI'8.BE94;8-HXW;OF)S[5[5"<:\%.#T93DEJ=[17)?\)=>/,QATZ)
MXII9X+4><?,:2,,?F7'`.T_3CUJ"#X@"ZG1(;)2EP(DM7,G^ME)3S$Z<;-_Z
M&MN20<R.THKF/$NNS:+K6GD.QMOL]U-/"N,R!$R/UJLWC#4(0]O+IUNUYFV*
M+%<$QE9F*C+8X(Q^-)0;#F1V%%<9/XWO84@A&F(]X3/YB(SLO[I@I"X4G)R.
MN`*T].\137NOR:=/:"T'DB6%9"WF2C`)(XVX&<$9R,4.#0<R.@HHHJ2@HHHH
M`****`"J6J7$UO;!X6VMN],_T-7:SM9(%H,MM^;KD4">Q0EU"_1CB8<9_@_W
MO]GVIQU"^VY\\#G'W/<?[/O56ZEBCW,TPP,]"#_>]ZPKF_GN6.794/1`<"N/
M$XN&'2OJWT,'-HZ`ZY*KE6OHAQW`]!_L^N::^OR*N1?PD]Q@>A_V?7%<MOR<
M+\Q_05<TN!7NP\I4[0?O8XX/3-<=+,*E2:CRI7$JC;.NM-0E5;B:[<F.&/S#
M\N"`!D]A56P\;Z#J&@SZY'=F.PMW*222J5PW'&.IZBFN0=/U3#AO]$?H0?X3
MZ5YAX:\.WOB;X1W=EI^UKB+4S,L9./,PHXSZ\UZYT1U1Z)HOQ,\-Z_K$>E6,
MMP;B7.S?%A6P,GGZ"H;OXK^$[*[FM9[J=989&C<>2>&!P:YKP7XL>QUO3_#7
MB#PW!8WB`16]PL05@<8&1COTR#6!H5YJEGXN\1G2_#<.MLUTX=9`#Y7[QL'\
M?Z4%'M&CZS9Z[I4.IV#,]M."49EP3@D=/J**C\/R7$^A6LMUIZ:=.R9DM4&!
M$<GBBF(\Z^+>CRQZC;:PH)AEC\B0X^ZPZ9^N3^5;G@3QQIDVB6^G:A=1VMW:
MH(QYK;5D4="#].U=EJ6G6FJV,ME>Q"6"4893_,>AKS35/A!<"1FTK48WC)X2
MY&"/Q'7\J#CG"<*CG!7N:GC_`,;::NBSZ7IMVES=7*[&:%MRQKWR?4CBN>^&
MEE:6TEYKNIRQV]I&AMXY)6VJS-UQ^''XU?TOX02F4-JNHH(QUCMAR?\`@1Z?
ME72>*?`T>KZ#::;I;QV8LFW1(PRC<8.??WI-7W)4:LI>TDMMD1F]\([L_P#"
M0V^,]/.6O,M;N/\`A)?&4BVV6CN)UMX`O]P848_#FM__`(5'KG_/[9?]]-_A
M6WX1^&L^CZW'J6I7<,IM^8HXLGYO4D^E84<+1HMNG%*Y5:IB<1:-1:'*?$71
M4T3Q&@MUV0SP(R8_O+\I_D#^--^'FC+K7B@"=2T,,+O)[DC:/YY_"O2_&_A'
M_A*M/A6&98;JW<M&SC*D'J#3/`_@\>%;6<SSK-=W)&]E&%51T`_.N@CZN_;7
MMH>5:1-)X7\:P^9\OV.[,4H/]S.T_IS4GCCGQUJ)_P"FZX_[Y6N]\4_#7^WM
M<.HVMZML)\>>K)GD?Q+[U'K?PRDU7Q*-02_5+60H9E93O&T`''UQ^%!#H5$G
M%+J<?X\T^XT?QC+=`$+<LMS"Y'!/<?@1777%SX/\>V%M=ZE?"QO8$V.#,(V7
MU'/!&>AKK]>\.Z=XBT_['?QDA>8Y%.'C/J#7G-Y\(-168BSU"VFBSP9048#W
MQF@N5*<)-Q5TSEO$EOH5I?BWT&YN+F)`?,FE8%6/HN`./>O5/AAIDNG^$TDG
M4J]W*9@I&,+@`?F!G\:S=`^%%G93I<ZQ<B\9""L*+MCS[YY/Z5Z$JA5"J,`<
M`#M070HN,G.2L+7+?$NXFM/A]JT]O,\,J1J5DC8JP^=>A%=37.^/;V73O!E_
M=0Q02R($VI<1AXSEU'S*>O6@[#PT:G.MS=F36KDQ`P&%4U0@L"RA\'=Z9Z]*
M=-K3Q).J:U/+LNX8XW%_(I,;*2QV[NHX!Z@'-=U8W3:Q,=.LM%T2'4X=-G:>
M-K!"!=12A<=.%8?S%-34)M6T.\UK2/">G+;VR10F$Z:CR>=D>>P7@L$'`'<Y
MH`XXZE&MY<A]<N1;I=K&L@U)MRPX?+J`QW'(7'\N:]B^&MS/>?#W2Y[F:2:5
MXWW22,69OG;J37'WFH:2EEHKV!TJYBOKJ2*:Y71%,D>U<A3$!G<#7H^A+&NA
M6PB*LA3(*VWV<'D_\L_X?I0!\_6]TTMSI[SZM*J/>S)=YU`H0@8!>-W'4\T6
M5_&TNF^?JLV)T87"R7S`JP4G<&#8P>!@X(.1S74Z=X@AN+63^T?#NAK=374!
MM76P3$D+SF)\^K`C]:UHVC;7I/"Q\,Z,=66]W>=_9Z"(V6-WF8_O?P]>IH`X
M'3[Q+B'2WEU26/SRYN5.H,H7&[;U?(Z+QC\:[7X0W7G>);Q%O9IQ_9T;RQO.
M9%CEW_,%))[8_,U)HMS87UMJ3W^F:';:E:6\TCZ1)I"I)$5!VD.3\XXR<"M[
MX:W5KJ%L;V)M.6:2W0RPVFE_9C&3SC?_`!CZ4`<!\2_^1[O?]U/_`$$5S,1W
M#RB<;CU`S73?$S_D>KW_`'4_]!%<O&P1PV3Q7IQ^!'CU?C8^(E5<DG'0CUKV
M+PM_R1Y_^O6X_FU>/3@HP7(QC/'2O:?`L4,WPOABN/\`4O%,LF#CY=S9Y[5E
M6V3\S7#:M^@SX2_\B>W_`%]/_(4SQ1XDO+#Q=;:3HUI:)?72JLEU<)S@G@9]
M!59_"F@Z<DD(-["(XA,Z1:B_"DXW8`K0UK3=%UI[6+4+51/%F*&1;HI(=N,@
MG'.,C\ZEN#JN;U3.A<RI\J=FCF8EU!/C#9KJDT$UV-N][=2J8\LX&#WQ5Y&V
M_'%\G&4P,_\`7*M#3-"T"SU.SU.TA8W`E,<+/>$[WVG.<CGCG-.U6#P]K]TF
MHW$0-Q;E%$MO<LK<DA0<+SR#5.HF]%TL2H-+?K<@N/\`DKD/T'_H!IOP[P-2
MUICV`Y_X$U:H33)O$9U/RA]OA<1D&X(4-M(QC;Z`_E5"+P]H<S(T,<ZF]=E0
M"]9/,(!)&-O3%>=[.2=S!49JISJV[?WF#HG/A;Q'CD8CZ?4UJ:/I.LZQX+2U
MBO;**P8L2KQDNN&R<D>];EN=)T2SNM.%G#'`N!=>9*2#NX&YL>]47\-:/;-#
M%Y%RBW9)CC2^;:_&3P!TQZTO92)CAI12ZZ-/6W4AU:'3[/X=6UK//'=OG%K)
M#_$^X\C/;GFCX;S6T,E[92QF+4`V6+]64<8_`_SJ])'HTM[ITS0(3#B.TC%P
M?+'0CC;_`+2\GVIZPZ3/X@@U41&*ZEF\M7CG(#L!S\N.>._0U7LI<US3V4E5
MC-6TT^1U,\*7%M)#(,K(I5OH:\QU#3I]-OGMYE(V_=)/#+V(]:]$UJ\DT_0K
MZ]A"F2WMWD3<,C(!(S7#KXON=5AT.SN;.V>YN+@1Z@&3(C4L%!7G()W`BO5P
M*JI.45==?NN>A*W4REYXX`!Z]*ZC0M+GM=+OM3E!20V[B$$<@;3\U9.A7B7V
MHRW*V"Q0QS3+'&;&21<)N`)E+;0<CT]J?I/C/4M0C47:Q74,FFRW5S$MH\!C
M4+P`Q)W@GC(KMKJI*+C!;6O_`)=NA*L8[76KVL;W$_B&Y>S*N%D\F/A5V!L\
M=06;/T'K44MWK^GZ;/)?>()O,@&&A`A0`MNV'++_`'5SCKR*VX?#FG6?A:;6
MM8C@DLWM3<"V@,JA2X!QN+G=GY0>*S;46$N@2W5O!;C56OH;&YDCGE>)U?`4
MXW<C!QU[&MH5(R3M&]G;X5_7KYV):,BV\2:E!XN.F:GKE\MJTB*&B@C+R,0N
M,Y'3GK7K>D@K>ZE;[B4AG4(#V!C4_P`S7G]]IEK9W+Z=<6-K<W]C=6L%I=,T
MHCC$N2"5+GE=O3//%=CX>N[I/$6KZ3>F&::$13FXB0IY@=<8923@C;ZURY@X
M58*4%:RUT2OMJK>J*A=;GD7Q+N[FZ\=7ZW).("L<2GH$QD8^N2:OV($7P[L1
M%QY]_*TV.Y4`+^E=WX^^'H\4,NH6$B0ZC&NP[^$F4=`3V(]:Y[PWX)\1QZ5?
MZ)J=BL$#L)[:?S58+*!C&`<X85PQJP]FO(XZ]&<E)+J5O#+OLG0_<!!'UK<J
M"TTS^R8S;.I$N<R%A@D_X5/U.!R?2OS?,ZT:^,G."T;_`.`5AX2ITE&6YK^&
M68:K@'@QG(JH]Y:Z?XKU&[U'3K.V>!9);<?9/WUVJH"764G!/7(ZUO\`AW2W
MM(FN9P5DE&%4]56L74)="&MW+ZA97<SQB16+3,Z(K`*2B9P-V2./0U]5D]&=
M+#)36^IU;(EN]>T+2;ZXOTT?_3,0^9.JJN?-!(+.?NCY>2?:D@U"QAU.ZA_L
M"VBMM+A2\@E#1@*\N<D'.!GU^OM5&3_A%[2&6V2UU/9<%8YW:9PSH@*CDMD@
M9(Q5\0>&]1BN'CM;B-(+41/EVBC\N(_)WZ@]#U%>M9+H*[(?^$BTJYU&#5%L
M@LQBNH[@>4CLPB7)7?GIZ8Z]Z?8ZIH<-C="+P\MEY+03^3)Y<>_?S&^<X!&#
MQU%58&T#S4@_LN8-(6!:2Y).9U`?)SU(Q^&2*DOYM%\J*:XTJ<-,D.&CG(*>
M7_JP#QR`P/T/M19;!<K7>N6%W=0S_P!A"\TXV,M[)"(TWQNLNUWR3SP#P.M6
MEU&W36X+K3HHD-S>B&27[.H8Q&W\P`'Z@'\,5?L?"V@:OI-K<+:SQHT+(%%R
MX.QG+,I(/S`G/6M<>'=+$JRK;[62;SEPQ`#;/+Z?[O&*3E%#Y68-GXRN?*A=
M[":Z@_LPWKS*%5VP<'Y<_I5R_P#%:OH&KZAIB;C81*R22#*.Q4-@?0$9^M7/
M^$;L[:*!M/C$4]I;-;P%W8IL/\+C/S#/-1Z7X5LK'PO_`&#,/.@D5A/C*[RQ
MR>^1Z#GH*F\=QVD0#QC"FH&TDL+@1I<"VDNOEV"0IO'&<XQ6<OCIFOUO);6:
MWTO^SGNE615+3?.JJP(/&<]#CK71GP_IK2,Y@)+W(N6RYYD"[0?R[=*IP^"]
M"@$@6VD99(3!L>9V58R<[5!/RC(R,=*=X![Q3?Q]80Z<M_+:SK#YQ@D*E7V2
M8RHR#R&Z`COUJ:3QK:0ZM'ILUK,DI*(_S*3&[KN"[<Y/N1QDU<?PKI,T$<%Q
M%+<QQ;]JSS,_+#!/)ZXZ>G:G1^&M-BNTNHQ.LB*JG%P^'VC"EAGYB!QDTKP#
MWA?#^O1^(+-[J*!H560IL=@6&/4#[I]CS4FM;OLB[<YW=CC^HI^FZ/::2)OL
MHD+3OOE>20NSG&!DGVJ'58;Z9?W1!0-PJ+\Q^I/'Z5+M?0;O8Y?6[H^=Y'F$
M@??&2><G'<^M96"_WN%]/6NBG\/,\KR);3!F)))<')Y_^M48\-SCJDI]N.E>
M!B,)B*E1S2.:46V8G`P`,>U;5A:26UN792'DYZX(&UN."*M6^BM;R;UM)2X'
M#%P>P]O7-6I+>[;G[/+_`-]+_M>WN*Z<'@72ESU-RHP:U'0PR7,%_;@X:6W*
M*6)(!(QZFN9T7P1XFT#P9)I>F:O:V^HF]^T+.@)0I@`J<CV]*ZE;>Z^SWH$3
MJ\D!6/)'+8JO>_V_]AFAAC^\I1/+"AD&&`QS_N\]LUZIT1V.=TGP+XCO/%5G
MK_BW5K>ZDL?]3%;KW'(R<``9.:J6_@'QGI6M:E?Z)KEA:"_F:1@R%B06)`.5
M/3-=>9=>ABE6.VRPR8^C9_>'.23UVX('UJ74VUDBV%I'N8*';;@*7`.0W.0.
MGK0,LZ!;ZK:Z/#%K=W%=WZY\R:)<*W)QQ@=L45/ITETUC&UZNV<@[AC&.>**
M`,[5X-7N-1BGLXU$5D%D0%\&=B?F4<X^[D<]V]J9K-EJDFK1W6GAB#;&W92^
M%^=N6QZKP?TKH**`.42RU^*.*R4/]G2S$8&Y2"=A!R<YW;L<U*EGKMJCB.69
MXY"S,@*%D'F?P$]]I/7BNFHH`Q](BU;[0\FH2R")8U$<9VY)R<EL?Q8V].*R
MM*TW5H+7R?+DM9FF`EG6-`WE[F)PVX[CC'4"NMHH`Y=E\4&0C+`_9P%("%=V
MWDG_`&MWX57FGU>75IM.CEFG*ALA@FPJ"FT]`0WWL]O2NOI!U-`&-I+ZTUY>
M?;(I$B*YA\UE(#;FX&WG&-M9\46O*L\C"^_>.@;#1>;PISM_AV[L=><5U=%`
M',Z]8ZI=PZ:?)\V1(Y!<"-%<!RH`(4LO?/.>*8\'B.'3V"-/YO[M$2-T.P",
M9.3UR^0:ZFDH`YQ$UZ:YD$T<AB8Q,`^P*N"NX#')_BK4T5+B'2[>WNHG26&)
M59F8'<<<\YK0HH`*SM>T:#Q!HT^EW,DD<4^W<T9&X88-QGZ5HT4`8%IX0T^Q
M\877B:!Y5NKN'RI8\CRS]W+8QG)VBGVOAH:?HTNFV&I7=L9+A[@3IL+JSN6(
MY!&,GTK<HH`Y`?#RU3R)H=5OX[Z*Z>Z:\!0O)(Z[3D%=N,=@*Z33[2>SM1%/
M?3WKC_EK,%#'_OD`5;HH`XB;X96,VGZ-;->S"32+EIHY@@S(&DWE"/3/\JWQ
MX>1?%LWB$7#^;+9"T\K:,`!MV[/K6Q10!R#>!I[O4#?:MKD]_*EK+;0$VZ1^
M6L@PQ.W[QQ5_P]X=U'0H(+5]>EN[2WC$<<+6R)@#@<CFN@HH`X_7/AOI/B#5
MI=2N[J\264`%8V4*,#'<&L__`(4[H'_/[J'_`'VG_P`37?T5HJDUI<R=*#=V
MC@3\'M"/6^U#CI\Z?_$UU6D:!;:/X?71H'DD@567=*06(8DG.,>M:E':IE.3
MW94:<8ZI&,OAV`.9-ZES'Y1=H\L4P!@DGD<"I)-#25U=WC9ED\U281P_'S=>
MO`K4HI<S'RHQU\.6ZB(`Q_N7\R/]T/D;CD<\=!^`Q3/^$8M`C*HC4.ZNVV/!
M++T.0:VZ*?/(.1&2N@QK,\P:,22/O9O*'S-SR>?]H_G2)H$4;0LKKNMR3$QC
MR4SUP2?85KT4N9AR(R9=`BFEGDED5VN,>:&CR'QTR,XI\FC>:ULSSC-K_J<1
MXV<8]>>!WK3HI\[#E1CIX<MX_*V&,>2^^,^5G:<@^OL/RQ3H_#UNCQ$E62*;
MSE79CYO7K[?05K4HHYF'*BKJ4"7&EW,$L)GCDB96BSC>".16'!H>G+,+A-%$
M<S>4^[+`DQ9V'VQ@<'KFNF/2D'W:<:DHII,HYI-&L8;R>]BTN6*5E,I5))`D
MC-PV5!VYP>>.M2IIMO`MJ\>BG%E'Y%N`YR(V`W*0>HQZ^E;Y[THZ53KS>[_%
M@8`\(Z)#$Z1V$C1#$@B:9RF5.Y0%)P.>V*@NM&L=28RW&B-FY5#*49DY0DIP
M".0>]=/3>U4J]1.]W?U861S*:%IRZ>]@=$8Q7>)9U=V9BX/!+DYR.W-:FAZ5
M8Z;%,UI;/#),^9FD9F=R.!EFY/%:5**B5:<DTV]?,+(=28I:*S`@GL[:Z&)X
M4D_WA3(--LK9MT-M&C#^+&3^=6J*S=*FY<SBK^@"8IIC0]5!_"GT5H`SRH\8
M**?P%'E)R-HYZ\=:?10!'Y,?]Q?R%*8T/51^5/HH`0`*``,`=A2T44`%%%%`
M!1110`4444`%4M5MKBZMHUM6"R)*K@LV%P#SGU^G%7:*`,+[%K\G+WL:$`XV
MMQG/!Z>G6FKIVOA$9]1#NI4E=VU20/8=,Y_2M^B@#G(M(UPAA<7L;;\%\$\G
M;CCCBFQZ7XBCEWK?0`E47))P%!)X&/>NEHH`Y^'2M9%M=137BMYL3A!NZ.23
MDMC^E$]CKJ*SP7?!"*L*L`%Y&>=OIGFN@HH`P!8>(596_M*-^Y4C`SNZ=.FW
M%*MCX@(D>2]A+Y/E*/NKD'OC/<5O44`4],M[FVM-MW*LDS-N=EZ$\45<HH`_
"_]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>11
<FILENAME>g199921ba05i007.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g199921ba05i007.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``H'!P@'!@H("`@+"@H+#A@0#@T-
M#AT5%A$8(Q\E)"(?(B$F*S<O)BDT*2$B,$$Q-#D[/CX^)2Y$24,\2#<]/CO_
MVP!#`0H+"PX-#AP0$!P[*"(H.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[
M.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SO_P``1"``V`(`#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#UG5M5L]%T
MZ6_OI?+AC')ZDGL`.Y->2ZU\5-;O9F73=EA;Y^7"AY"/<GC\A5CXMZM+/KD&
ME*V(;6,2,H/5V[GZ#^9J_P##SP'8WFFQZSJT/VCSB3!"WW0H.-Q'?-9MMNR.
M&I.I4J>S@[6.6M/B)XHM90_]I&<=TF16!_3-=NOQ)DN/!%UJR6\<-_#*L`0Y
M*%VY!'X9./:NAU+P+X;U.'RY-,A@(Z/;J(V'Y?UKSKXBVUAH,5AX=TR/9%'N
MN9LG+,Q^4$GZ`TO>CU):JT8MN5T99^(OBSK_`&LW_?F/_P")H_X6+XK_`.@N
MW_?F/_XFND^'FA:.VARZGK%K%<&>4I"LB;L*O4@?4_I770Z3X/FD$:Z1:*3P
M-T``K!UZ<9<DII/M<JGAL14@IINWS.0N/B'K'_""07!E5-1GN6A$X0#**`2P
M'3.2!5OX;>,M2U359=+U6Z^T;XS)"[@;LCJ,CJ,<_A7-?$F\@D\2_P!GVB)'
M;:?&(DCC4*JL>6P!]1^58?AW4CI'B&QOPV%AF4O_`+IX;]":VYFF8.M*-5)O
M1:'K?Q'\477A[2H(]/D6.ZNW(#D9**!R0/7D"L;X;>,M2U75)=+U6Z^T%HS)
M"[@!LCJ,CJ,<_A7.?%#5/M_BQK>-]T5G&L8QTW'D_P`Q^58/AS4SH_B*QO\`
M=M6*9=Y_V3PWZ$TW+WBIUVJ^^A[7XWUFZT+PM<WMF56<%41F&=NXXSBN9^&7
MBO5M:OKNPU*X-RL<7FI(P`9>0"..W-:WQ1(;P/.0<@S18/\`P*N!^'>H_P!D
MS:WJ``+6^FLZ@^NY<?K3;]XVJ3<:Z5]#N?&7Q$@\/3-I]A&MU?@?/N/R1?7'
M4^U>=7'Q"\4W$ID.JO%GHL2*JC]*S]%TRY\3>(8;/S3YMU(6EE;D@=6;W[UZ
M;>)X"\%B/3KRRCGN&4,V^#SI"/5B>F?2E=O4QYJE6\N:R,#PQ\3M8_M*VL]4
M"7D,\BQ^8%"NN3C/'!Z^E>N5Y5::Q\-;'5EU*WM;M94.Y$,3%$;U"YZUW6@>
M+M'\2O+'IT[F2(9:.1"K8]?<547T;.FA*RY92NSS#XJVDD'B\W#*?+N8$9#V
M..#_`"'YUW?PUUNVU'PO;V2R*+FR7RY(\\XSPWTQ5[QEX5A\4Z5Y.X1W4)+6
M\IZ`]P?8UXK?:9K/AF_Q<13V4Z'Y)4)`/NK#K4N\7<QGS4*KG:Z9]#SSPVL#
MSW$JQ11C<[N<!17S[XJU<^(/$MW?1;FCD<)",<[1POY_UJM<:MJ^K[;>YOKN
M\R?EC:1GR?I7>>!?A]=Q7":SJ]OY9A^>VM7ZL_8MZ?2AMRT1,YRQ#48K0["P
M\-&V\/Z=91N$DMX0KY'!8\M^N:632381/>W<Z>3;J97V@Y(7G^E>/:CXE\2_
MVA/]KU.^@FWG?$)&0(<]`.PJE/KNKW,+0W&J7<L3C#(\[$,/<9K@J8'#5*GM
M)1U]3JCF<J<.2*T0J+/K^OJI),U_<\D]BS?TS6GX[T9-#\57%M"@6"15DB`&
M.",']0:U?A9HTE]XE&H/$QM[)"P<K\ID/`&?7DG\*Z#XO:2TUC9ZK%&S&W8Q
M2D#.%/()_$?K7=;W;G"J3=%SZGF=G!/K&K06Q=GFNIE3<>3DG&:UO'6C)HGB
MJXM84VP.JR1`#&`1_B#6M\*](:^\3?V@\9,%DA8-C@N>`,^N"370?%[2&FLK
M/5HD9C`QBE(&<*>03^(_6BWNW"-*]%SZD&MZI_:WP;@N&;=(C112$_WE;!KE
MO!MF]_:^(+:,$NVF,5`[D.I_I4^E1WUQ\,M9C6&1X([J*1"%R.OSX^F!FM7X
M/02G6K^X$;>2+;87QQN+`X_(&C=HI7G4C?JCFO!.KP:)XJL[VY.(/FC=O[H8
M8S^%>@^+OA[)XGU4:OIVH0IYT:APX)4X&`5(]JP/&_P\N[2\EU+1K=I[24EW
M@C&6B/?`[K_*N.MM;U?38S;6VI7=J@/,:2LH'X=J-M&*_LTZ=171H^)_"4GA
M;RDN=2MIYY3Q#%G<!ZG/05T'PALI)=?N[W!\N"WV9[;F(X_(&N5TK0M9\37I
M^RP2W#NW[R>0G:/=F->W^%O#EOX8T=+*$[Y&.^:7&-[^OT]*(J[N5AZ?-4YT
MK)%K4=5.G/&HTZ^N]X)S;1!POUY%4)/$*S(4E\.ZNZGJ&M%(_P#0JWJ*V/1:
M?<YR#5[6U)-MX6U*$GKY=BBY_(U/_P`),W_0!UG_`,!1_P#%5N5E:SJMSI\]
MC;VEK'<37LK1J))-@&$+=<'TI$M.*W*S>($8Y;P[JY/J;1?_`(JD_MZ/_H6]
M6_\``-?_`(JH[?QA:/"L]T%M4",)(V):19%DV%0`,$9XS^E3'Q=I:75Q!*9H
M_),:AC"WSLZ[@`,9SQ2)YE_,"^(P@POA_6%'H+4#_P!FH;Q'O4JWA_6&4]0;
M4$'_`,>JM%XRMEN52[,:P,DC>;$'8*5DV8;CCW)X!J_>^([&"RDEAN(BX$H3
MS-P4M']_)`/`ICYE_,01>($@39#X<U>-1_"EHH'Z-2MXCWJ5;P_K#*>"#:@@
M_P#CU/N?%.G6Z7"K)YDUN1&5"-M:0G&P,`<G/89--B\7Z.8K=I;M%><=%5B$
M^;;\QQP-W&3B@+K;F&IXA6.,1IX=U=4`P%6T4#\MU$?B!(5VQ>'=7C7.<+:*
M!_Z%4FK:Y-IVK6-DD$(CN>L\\A1<Y`V*<$;NX!QG%)XB\1KH/V<?9S.9"6E`
M;'E1+C<_OC(XH!NU]=@_X29O^@#K/_@*/_BJK3:K9W+AY_"FHRL.C/8HQ_4U
MT8(90P(((R".]+05RM]3"3Q$(U"IX>UA5'0+:@#_`-"K0TW4CJ*R$V-Y:;"!
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M&X=^15>X\*:7>S-+?))>.T;1`SONV*22<>G7]!1118IQB]T7]/TZ/3H?*BFG
8D0*JJ)9-VT*,#'Y5;HHIE)6"BBB@#__9
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>12
<FILENAME>g199921ba05i008.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g199921ba05i008.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``H'!P@'!@H("`@+"@H+#A@0#@T-
M#AT5%A$8(Q\E)"(?(B$F*S<O)BDT*2$B,$$Q-#D[/CX^)2Y$24,\2#<]/CO_
MVP!#`0H+"PX-#AP0$!P[*"(H.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[
M.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SO_P``1"``F`E(#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#O_&_BY/"V
MFJ8E66]N,B%&Z#'5C["O)_[0\6^)YV>*?4+QE/(A+!%_`8`J[\3KF6;QK=1R
M,2L$:)&/0;0?YDUZ_P"'M/MM+T&SM;15$:Q*<C^(D9+'ZT'`U*O4<;V2/*_"
M6K^+;#Q-:Z;(;Z6)I0DT%P&8*IZG)Z8'/6J6O^,M=U3Q!<K8:C=1P><4MX8&
M*Y`.!P.I->N>*M4&C^&KZ]SATB*IG^\>%_4UY'\.[(S^(S>F/S!I\+3X/=N@
M_4Y_"IE)1BY/H3.G)2C2C+=D'VKQO_SVUK\Y*V=4\1>(].\#6UIJ%Q<PWMY<
M/M=SB7R`!U/49)^N*[E/$5]Y@R(V!/W0O6O-_B3J1U3QA)"F<6J+`!_M=3^I
MQ^%<F$QU+%W]G?3N;8K"SPD;N6YT7PGU^[N;F\TJ[N9)E$8EA\QRQ7!PP&?J
M*R?B3XDO9_$SV%K>31060"[8W*YDZD\=>H%86@7\WA3Q;%/=(4:VD:.=/8C!
MJ@XNM:U"\N54O(WF7,G/0#DUVG&ZLG24.MSVSP%K<NN^%K>>YD,ES$3%,QZL
M1T)^HQ7F]UX@U9?B4TBW\X"ZAY(3>=FS?MV[>F,5I_"'5/)U.\TMV^6X02QC
M_:7K^A_2N<N>?B.X_P"HL/\`T;0:SJ.5.#N=[\0/'LNBS'2=)91=[<S3$9\H
M'H`/7^5>?PQ^+]:4WT)U6Z7KYJN^/PY_E0\0UCQ^\-Z_RW&HLDA/IOQC\ABN
MU\>^,=9\-:M#INEI%:6J0JR.8@0_L,\8&.U`I2]I><G9+L-^&NL^);K59;+4
M#<SV:1DL]PIS$PZ`$\G/I7IE>'#XG^*CTOH?_`=/\*]3\&:W<>(/#5OJ%TBK
M,69'V#`8J<9QVH.C#U8M<B;?J;U86M^(Y--U*UTJPTY]2U"YC>80+*L82->K
M%C[G`]ZW:X_QG&-&U"U\6Q:A:V<UO$UF_P!KC=XY$<Y`^3D$$9H.LT(/%L4M
M[I-M)8SVYU*VEG/G?*8-@&Y6'XU'HGBRXUFYMF&A74.GWH=K6]WA@P7H74<I
MD=,]:Y'_`(2KPU/JNDWM_P"*([M[*VFM[EC:NK3-(`.`%P.AXK-TK5M%T_6-
M'N)/$]NUGI"O#'Y=O<"2>(A@JN,;,J3V'-`'IGB#Q`-%^QP0VCWM]?S>5;6R
M.$WD#+$L>``!DFI]$U275K%IY[">PFCE:*2";DAE.,@CAE/8CK7G^L>,M"U$
M:;J/_"06<6JZ5</)&QMIO(96!4HW&1E2.?6NXT&YN%\/#4=1U*.^$P:Y$T4>
MQ$C/(51U(`[GF@"/Q%XAGTJZL=-TZS6]U/4&80122^6@5!EF9L'@#V[U4_X2
MZ[C315N]'DM+C4KUK26&5_\`5$!CN!Q\P...G6N8U_QQX7U'4M,U?3-:6#4=
M/\SR?/M96CE1QAP0!GMG(]*K-XJT2\_L26\\2R7EQI]Z;R:0V4@#A@P"H`.`
M,\9]*`.KT_QAJ>J7_FV6@//HQNS:?:TF'F9!P9/+Q]S/'7/M76UXA)?>'Q<6
MD%MX@C6QM=0^VVQ:RG\]%+AGB!'RE2>^,UZOX?\`%>C^*!<-I-R9Q;$"7*%=
MI.<=?H:`.2UOXI3Z1J]W8C3(76WE,8=IB"V/;%9K?&:Z4X.AQ>Q^T'G_`,=K
MD/&$KQ^,]6PW'VELBL=RK*9#E5+?=]:[HTHV5T>5*O5C)JYZ-_PNBZQ_R!(?
M_`@__$UZ)8:Y!/X:MM;O2EI%+"LLF6RJ9]Z^<BH9"4;_`(">M>RWO_)%4_Z\
M(OYBIJ4H7BEU9O1K3ES-O9':V=[;:C:I=6<Z3P/G;(AR#VJ>N8^'/_(C:?\`
M1_\`T,U+?-XIO=6G@TUK;3[.`*%GN(_,,['K@9X`K!T[3<;['4I^ZI6W.BJE
M;ZSIMW?RV%O>Q274&?,B4_,N#@YKDO#_`(JUJZ\2:AX:U$V[7<*/Y5S$F%##
MID=QR#7/^$8-5_X67J:"\@%PC.;I_*^65=XW!1_#FM5A])<SV5S-UMK+=GIJ
MZSIKWDMFMY$;B$$R1@\J!US3['4['4XVDL;F.X5#ABAS@UR,6LW-QXLUC3GC
MMQ%%!-AEB`<X'=NIK&\'/K4.@ZC<:7+;1)`WF/YJEBY"YP/3@5P<^IS_`%Q\
MZ5KK7\#U&BN+@\<3OX-FU9[9/M44HAP/N%CC#?D>E5;OQ#XHTW0[/6YY[*:"
MX(_<B+!`()'/T%5SHU>,II75WI?Y'?45Q6N^)M6TJ73M3BVR:5>(C-&4&Y21
MDKGZ<BK^@:WJ'B'5[BZ@/DZ/#\D8:,;I6^O;_P#51SJ]BEB8.?(M_P"M?0Z.
M5UCB9W8*JC))["N"U;Q+=W\S"VFD@MA]T(<%AZDUUWB+?_PC]YY8);R^WID9
M_2O-@>3C`KVLNHPDG.6IM)]"W;ZKJ%I('AO)@>X+E@?P-=SH6L#5[,LP"SQX
M$BCI[$?6O.VX''?UK>\*3&VFO+@L!'%;DN6.%'/<_G75C*$)4W)+5"B[,[JB
MN>/BVPPS)>V,BI@MMN%^[QSU]Z:OC"QXWWNFC)QQ>)Q^O^>:\CZK6_E-.9'1
MY-*M<Y'XPL7=5^TV))8+\MVA)^@SSS6WI]U]LMO-(4,&*L%;(!';-9U*-2FK
MR5@NF6J*\T^(7Q)N-&OFT?1"@N8P//N&`;RR?X0.F<=<^M9NB>*=>M/"<FK7
MVIS75QJ$QBM4EQMC5?ON..Y.*/8SY>8PG7A"[?0]1NM5L;-BL]PH<?PCD_I2
M6VL6%VP2*X7>>BL-I_6O/+&]74+83CAB<."<X-6*^2JYSB*59PG!*SVZ_>.-
M7F7,MCTBH8[RUFF:&*YADE3[R+("R_45E^'-2>\MV@F;=)#C#'JRURUKHMZ^
MHQ1Q:++;W<.L2W1U!U55$)<G`.<MN'&*^CPM6&(I*I%Z,MR['H=%<':V_BFX
M6:(S:E!=&WG^T23,/*\[<#%Y/MP0<=NO-2Z<?%D^J6KW:745M?R">92PQ:*F
M[]W_`,"^7]:Z/9^8<_D=H98Q*(C(OF$;@F?F(]<>E/KC->@U>Y\37%UI=I-&
M]KIKPK.P`WLSJQ$>>IV@_CBHX+?7[HQ0QRZM!I[Z@F&G?%PL/E-OW'J%WXQW
MHY-+W#FUV.WHKSN0>+VATU&FO49(,,R*799!(<&0`C.4`Z\=>];^A/J<?B+5
M([TW,EJ26AGG8HN=Q^14SC`'\0Z]Z'"RW!2OT.EHI`<C(Z4M9EA112;EW;=P
MW`9QGF@!:***`"LO5E9YX`,_AG^\/8UJ5DZSCS[?./Q^H]J"9;&>\4F?XON^
M_P#='^S45S=0VH"R2C>#G8"<_P`7^S]*KZA<"WB&W:78``8''RCGI6([\Y8E
MF8_B:\S%XWV+Y(*[_(YY2ML:PUI5<G[.Y&?^>@]1_LTL&IR7DXA@MGW=VWY"
MCCD_+6-AFZ_*/05J:1"!OEP`/NCCZ>U<F&Q5>K54'+\A*3;-F_U"?1?#NK:A
M"JO+;0F1%<'!(!Z\"N8E^*5U:>`+'6Y[**2_OII(HHU)$8VD\GOTK:\18_X0
MCQ!C'_'JW3Z'VKDO#N@:+XB^%>EV>K:@MA)]IF-M,7"G=N.1SP>.U>Z=4=CJ
MO"^J>.I]1*^(M*MK>S>!I$EB(RK#&%.&/J?RKF]'\>>/?$*W$FD:+87$=O(8
MW);;@]NK5!X/U'6-!\='PI)K*ZO8/`VUE?>(\+D$'MCH1G'-8G@32[C4+?47
M@\8/H(6X(,:R*OF=>>2*"CV:RGUB2PMWN[6..Y:)3*BG(5\?,!SZYHJ2R*1V
M%NAU%;@K$H,V\'S.!\W7OUHIB.#^*GA>6?9KUG$7*+LNE49.T='_``Z'\*R_
M#/Q0ET?3([#4+-KM(1MBD1P&"]@<]<5ZO+>V\5Y#92/B6=6*+C@@=?\`/UKD
M]8\+>"YKV[-U:_9Y[>#[3-Y!9`4)/(`X/0]/:@Y9T9J?/3=F<'XP\>7/BJ..
MRAM3;6@<-Y>[<\C=L_X5MZ1>)\,]%BEU"R>?4-5.\PJP7RHUZ`GGGGI_A77:
M5H'A30F^T6=O")U57W.V^50V,'!Y'45/JUGX:\46"R:C)!)%;M_K#+L:(GC!
M.>,XZ&@E4*EW-OWCC_\`A;EFIW)X=P_8^<O7_OFN5\)6<GB'QS;-.-V^=KF;
M/(P#N/ZX%>C#X=^#6+JL;,T:[V5;DD@8SG&:N>'-.\-:';M>V-NUDEPJ@3W;
M8,BGD!2QZ=Z2BELA.E6J23J.Z1Y[\4M+^P^*C=JN([Z,2?\``APW]/SK3^$V
MC)=G4KZ=`T9C^RKD==W+?IBN]UW3-!UV'[+JS0/]GQ)S-M://?(/`-2Z6FBZ
M/:)IVFM"L<;`>7'(&8%B.6YSSD<FF4L/:MS]#Q72WF\+^.85?=NM+ORF'3<I
M.W]0<T^\!'Q'E`ZC5O\`VK7K\_A[PWK&IC6)(+>XN(#\TJR97(Z;@#@D>]5E
MTKPE<:U_;P^SFZ$P42F7"-+@'(&<%L$4&?U65K)Z7//?B)X;NM$UY]7ME86E
MU)YBR)_RRDZD'TYY%:5K\6(GL8X]6T5;NX08,BLH5CZX(.*]$U34;"WS:7L+
M3))$9)%$6]1&"`2WMS7.W/@;P1+.798H27"E$NBHW'MC/!]J"Y4)QDW3>YYE
MJ%YJ'C/Q`@M;*-9)/DAMX%`5%]S_`#)KV[PYHZ:#H-KIJD,84^=A_$QY)_,U
M7TVS\/>';>9=.B@B$9(F,9WN"`3\QSGH#6S%(LL22H<JZA@?8T&E&CR-RD[M
MCJX_XGZ1J&M^$?LFFVYN+@7,4FP.J\`\\L0*["N,^*-K'?\`ANSLI6*QW.IV
MT+E3@@,^#_.@Z#S6/P;XOMYYY(O#L^^:\^TCS+B!AT<;2"W/WOT-/A\)^,+>
M>W<>'+E(K;4&N_+-[&?W9VX3);MMZGUK9T:RN/%-[XATC46:'4-/L+>W\_/(
MFA=]D@/OA3^)J>/2WU[P9!XDU'5=/AU'4[I+EDOGVVTRQ@JD+<],`M]2:`.:
M7PCXOBM-@\/2N6:9OGNH1&PDC5.F[D#&1^%>P:5I]U;_``_MM.DB(NDTT0F/
M<#\_EXQGIUKS6:^LM7OO#DBZ=H]E;BUND$%_)MM,JX!9#W!.2*]1E>`^$)_L
MSVYC2Q91]F;,8PG13Z>E`'BT'@WQ;$ED6\-WA>ULI;4XFBP=_F?,/F[;Q^52
MGPMXSW[U\-7:L;*2V9DGC7>Q7:C$!L9`[CK5KP[Y^G3>%="N2\UIJ-Q!J-NS
M'(PT+++&?^!$''O6YI&AW4VNZEX:N-3\G3?#0DFM9=WS(9E)C+$_\\P6/UH`
MYE/"OB[9$&\.7FZ.P:T)6:+[Q3;N^]^-=Y\+M'UC39]9N-6TQK`W)@$:LZL7
M"(5).T]3P3[FN4=H-)\+^(-`>SL#?Q:4)?[2T^8NMS'O`R_HY/->@>`X+:UT
MYECM=)M990C%=/N/,W@+U;(&#0!Y#XT_Y'+5N?\`EY:LB(Y)0D%2">:UO&C#
M_A,]6^8?\?+5C)(JOG<*]6/PH\6HO>8[_5QGG#G]!7LMXI;X+(%!)-A%P!GN
M*\:G=&D8JX*]ORKWS0)VMOA[ITR;R5M(_N#)QQD@8/\`*L:KMROS-\,KJ5^Q
MA>"?%^CZ7X9L=-NYIH[E"5*?9W."6..0,=Q6;XN,H\?I_P`)`;T:-M'E?9]V
MW&/]GOGKWKL6OK]KJ>&'[04C>,1RR!0)58X8CY?X<TUM0U)98U$=TZ.CG<"G
MRLI;`.5[A1@^]2I6FYI;^?\`P#H<;Q46]O(XKP/'`OQ+N&LX)X[3RI/*\X-N
MVX&,YY_.KNE.^@?%?4#J$$R1Z@S+!(J%E;>P*\C_`"*Z9-3U!A;$I=_OHY&=
M@%PA&=H^[GYL'KTX]:BM=7U280?:(;FV,EP(FW;3L&W);A>F<BJE.4FVUTMN
M3&"22OUOL8MFCCQ]KC;&P8)\'!P>!5'POK-KI/AK5+2Y$PGN01$BQ,=V4QUQ
M@<UU<.J:I)%(TD-TC+YF%RN6"J"O\/?./PJS:WEY/=6L+O<+'-"7>8!=J-GY
M5Y4'D`GGIQZUP/#R6MS%8>SO&7?IW^9R%KHFHGX;W*_97WO<B=8\?,4``)Q2
M62^%'T:%;BSOI[\1@&W!E^=_;L,UU$NJ:DGG^6ES*8;GRMHV@E.?G'RX/3H*
MLWMU>6U^+>&:>96@>4.`O+#.$R%QDT?5WW!86*M9[*VJN8WB$S:FMCX3T^W\
ML[$:X9@66!0.!N[D>O\`C3?!%[=:3?S^&M1C9&1RT+8X)[C/H>HK334]2DN(
M52.Z,4J,V_Y01C=@<KWVCKZU)8ZI?27%CYB3NMP[*_'"@#J?E!`^N*?L))WN
M:*DO:*HGKZ=.QT$B+)&R.H96&"#W%<'JWA:[LI6DMHVN(">"O++[$5T7C:.:
M;P9J<<"222M#A5C!+'D=,<UR%C:ZR^NZ+%<0W0BT6;[('93MFW*Y\PGN-JQC
M/J37JX&$HTW54TM[I^2O^;L=DGT&VND:C=7`CCM)<GJ64J![DFNIET--,\)W
M]L%\^2:%C*0N=W'0#TQVKD-'M+Q+&_2]M?\`B:&UN1([VLWGLY#=)"2ASVQ^
M%/T_1=;T];I;>V6TN9M%/V?[&L@$SG&=Y8\2+V_WJ[Z\'*5N=*S7S^=]OEYD
MI^1D265E#$UU#H#N969I+;[$W&95!4?+TVAB/0&F-I%G#IMU:6ND2226S"-)
MWM-K7$87)8;D.26W<#!QCFNM:6SB\.2VGAC3+N+4+T1V[F2&2-AG.69F]!NY
M]2*HSI=QZ39:3JNGW1ATW5D#JH>8/;%&*_,H^;&=I^@KJAB9/OOLWK;O;\%W
MN2T<WH6FWVD_$**>'2(Y[&[N0RR-9L1;QE\\9`V,!^5>NZ(K*M\64J'O967(
MQD<<UP[VTWV($6=]_P`([_;`9K<H^[R/+QG9][R_,YQ^E=%X*B>.75VMX9H-
M*>Y!L(Y59<#:-Y56Y"ENE<.93]O#G>Z27X[/^]W7;J5!6T/&_'>GW.G>,]22
MY#9FG::-C_$C'(/]/PK<W"Y\!Z#-']VV:>WD]GW;A^8->K^)/">E>*;58M1A
M.^/_`%<\9PZ?0^GL:Q]&^&VGZ18WMB;ZYNK:[*MY<H4!&'1A@=>U>7]8CR*^
MZ.:MAI3C**ZG)^'(G2RD=N!(_P`OX"M>M"X\/7UE\D4'FQ*,*8O3Z46VA:C<
ML!Y!B4_Q2<?_`%Z_.\;#$8G%3FZ;3;VL72I.G!0[%[PFC&[GDP=HC"GZYK!:
M\N]'U#7#IJO?W.V2?[;Y,A>']X/W3!N&XSC;V%=YIUA%IUH((^3U9O[QK+V>
M*([N5DEMI8?,.Q7P/D+9[#J!QUKZ[+:#PV'5.6_4W:T,'4O%6JE;NZLII/LD
M=ZJ0JML1+-%Y8)$>Y2"=Q/4<],TZ;5M2TV^UL2WMZ[/)"8$,(Q"C*,MG:0`#
MD'KSVK;D_P"$L\V-D^PD`Y*\@'V/M[BK'_$_>PN!)]G2X,>(1$<8;)Y).1P,
M=J]"Z[(5F<E'K>NS0PWY@Q>KILX$IM3G>LX5>,=UYQWZU>O-;UNP@NK6:XGD
MD6]6**[2V5<(8M_/RD8W<`@>U:WV?Q1YIS=1E-S8^Z,C;QV]:+NW\4;`+6\B
MSL"DL%Z@8)Z=^M%U?H%F<E)K6LQ7K:I&TL%]<Z?:E8!9LZW$FY@4Z?+P?8\^
MU7+\WC7#2_9#NCDU3"B$[3\HVY'?/ZUWT'F"",3$&3:-Y'KCFI*7M%V'R>9P
M*76MVTUT]O>2I*NDVUQ;VKP?NSMR9%''!P,>OS#T%6KJ_O\`6O!KZD?,V7=[
M%):QHA#)!YJ@9QR<@$GV-=;>V<&H6DEK=(7AD&'4,5R/J.:DABCMX4AA18XX
MU"HJC`4#H!2YUO8?*^YQ7]L^)XYWG4F=7N+V&.U-M@`1JQC.[KR0!Z'-94&K
MZPLE]JEM/->3FSM4>9K0Q^5ESYF%Q@E<GL??.*]-HH51=A<C[G`77B+Q)%IE
ME+"XF=UE-R\5OY@CA#@+-T&6`XV@<\D#BITU[Q!)X@O+?S8H88S*(TFB)'EA
M,I(,+DY/)Y[XQFNXHHYUV'RON8GA'4+O4M#6:^:1YUD9&D=`H?'\2X`^7TXS
M4VKN(YH"711_M-CN/<5JUDZA9V@NX'>5HII&.T\L3CD\YX`Q6<G=W0VG:QQU
M_>->71<+@!0JDYQ@=^:K*H7DG)]:["XL;"0@3ZG$>WS-GM]?0&H_[-T='"B_
MMP^3T/H"?7TY_"O$JY=4G-RYMS!TY,YRUM9+N4(F`.,LQ``'XUO0QI:QI%&\
M>`,D[NIP,G[U6`;-"2NI%MKE"%YP1@^O2G)'9S2.JZJ,QX!);`Z9ZY]!79A<
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M*"-W88]:*`'W'A^&ZU(ZB]Q-]H#QM$0QVQA?X=O0YRW7^]2:CX=M]2NVN9)I
M$+*%8)CYE&?E/MD@_P#`1113`B'A:`74D_VB0[P.".0<*"<^GRCBG?\`"-0H
MT<D,Y26)5"$QAE)&_DCO]\_I110!8T[1+?3;>>*)V;S\;F8#/"A?Z54M?"UO
M;VL-N7C*09V[(%0ME"F6]3@YS110`1^%+:.X:0SNZED;:PSR"I/X'8.,=S5>
MW\-RMJ4CRS(EO$V8@G+Y,HDY)'M110!=T_P\EC:W<#73RBZ149MN",#&:B/A
MD,LA:\_>3%A(PA4*58*"`.Q^4<_6BB@"35?#<&J2Q2-(J^7`8!OC#D`D'()Z
M-QUJ.Y\+13P&)+IT#2O(Y*@EBV.OJ1BBB@!?^$8C9K@M=/B=RVU5``)#`G'K
M\Y].E:UK`UM`L)D,@0`*2,8`&`***`)J9)%'*`)$5P"&`89P1T-%%`"+!"DC
MR+$BN_WV"C+?4]Z9)96DMN+>2UA>$=(VC!4?ATHHH`22PLYD1);2!U084-&"
M%'MZ5(((5A,*Q((B-I0*-N/3%%%`$']EZ?FV/V&VS:<6_P"Z7]S_`+O'R_A4
M@L;02SRBUA\RY`69O+&90!@!CW&/6BB@"M!H&C6MM-;6^DV44,_^MC2!0LG^
M\,<T^RT;2]-<O8Z=:VK-U,,*H3^0HHH`G:SM78L]M"S'DDQ@DTW[!9_\^D'_
M`'['^%%%%PL'V"S_`.?2#_OV*E\J,Q>5Y:^7C&W'&/I110%B/[%:?\^L/_?`
MH^Q6G_/K#_WP***=V*R#[%:?\^L/_?`H^Q6G_/M#_P!\"BBB["R#[%:?\^L/
M_?`H^Q6G_/K#_P!\"BBB["R#[%:?\^L/_?`H^Q6G_/K#_P!\"BBB["R#[%:?
M\^L/_?`IR6MO&X=((U8="$`-%%%V%D%S$\UN\<<IB=NCCJ*JK8W*K@WC%MF`
MQSU^G?FBBJ4FE88C6%SME"WK_/MVDD_+@<_F:<+"X!++?29,F\@C(QDX4>W/
MZ444<\@+$\4DL,B)*4+KA6'\)]:JC3[H;2+]\B/9TR._/UY'Y444*;2L@'"R
MNA(K&\8@*JG@\X(YZ]Q_.K4"21Q*LKAW`P6]:**3DV@)****D`HHHH`****`
M"BBB@`HHHH`****`"BBB@`HHHH`****`"J]Y8P7R(DX8JC;@`V.:**`*1\-Z
M:8FB:-V5U"MF0_,.>OKU-.;P]IK(R")E#9SM8C.>M%%`"#PYIH(/E/P"!F0\
M`CI48\+:4"A\J3Y""H\PX4@8%%%`$L/A_3K>"6&*)E$I#.V[YB0<@Y^M-N/#
MEA.X?:Z'S-[D-]_@@C]:**`%_P"$<TP`A8"F0HRK$'Y>G/44W_A&M+%L]N(6
;V/G=\YYSUHHH`LKI%FBA0C8`P/F-%%%`'__9
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
