TRANSMISSORA ALIANÇA DE ENERGIA ELÉTRICA S.A. Corporate Taxpayer s ID (CNPJ/MF): 07.859.971/0001-30 Corporate Registry (NIRE): 33.3.0027843-5 MINUTES OF THE EXTRAORDINARY SHAREHOLDERS MEETING HELD ON JANUARY 19, 2011 1. DATE, TIME AND VENUE: Held on January 19, 2011, at 10:30 a.m., in the building where the Company s headquarters are located, in the city and state of Rio de Janeiro, at Praça XV de Novembro n.º 20 room 1003 (part). 2. ATTENDANCE: Shareholders representing more than two-thirds of the voting capital, as per the signatures in the Company s Shareholder Attendance Book. 3. CALL NOTICE AND PUBLICATIONS: The call notices were published in the state register Diário Oficial do Estado do Rio de Janeiro and in the newspaper Jornal do Commercio on January 4, 5 and 6, 2011, as per the publications in Exhibit I attached hereto. 4. PRESIDING BOARD: Assumiu The meeting was chaired by Mr. Sr. Ari Cesar Paiva de Almeida, who invited Mr. Arnaldo de Mesquita Bittencourt Neto to serve as secretary of the meeting. 5. AGENDA: Election of two new members of the Company s Fiscal Council and their respective alternate members, as well as the substitution of an alternate member following their resignation. 6. RESOLUTIONS: As a result of the exercise by the preferred shareholders of the Company, pursuant to Item a, Paragraph 4 of Article 161 of Brazilian Corporation Law, the new members of the Company s Fiscal Council were elected in two separate votes, as follows: 6.1 Election, by shareholders forming the controlling block of the Company, of the new members of the Fiscal Council The shareholders that form the controlling block of the Company unanimously resolved to elect as MEMBER of the Company s Fiscal Council, Mr. José Maria Rabelo, Brazilian,
married, retired banker and lawyer, bearer of identification document (RG) 851.287 issued by SSP-MG, inscribed in the roll of individual taxpayers (CPF) under number 232.814.566-34, residing in the Federal District of Brasília at SQN 213 Bloco K Apto.602, CEP 70872-110, and as ALTERNATE MEMBERS, (i) Mr. Dio Jaime Machado de Almeida, Brazilian, married, investment consultant, bearer of identification document (RG) 2.114.176 issued by DETRAN/RJ, inscribed in the roll of individual taxpayers (CPF/MF) under number 129.461.507-63, residing in the city and state of Rio de Janeiro, at Rua Conde de Bonfim nº 1349 - BL A, Apto 902, CEP 20.531-001, to serve as the alternate member for Mr. José Maria Rabelo, and (ii) Ms. Ana Paula Moraes Venancio Amaral, Brazilian, married, accountant, bearer of identification document (RG) 081340/O-8 issued by CRC-RJ, inscribed in the roll of individual taxpayers (CPF) under number 069.306.917-12, and residing in the city of Botafogo, state of Rio de Janeiro at Praia de Botafogo 501, 5º andar, Torre Pão de Açúcar, CEP 22250-040, to serve as the alternate member for Mr. Clayton Ferraz de Paiva, due to the resignation of Mr. Pedro Marcelo Luzardo Aguiar. 6.2 Election, by the preferred shareholders of the Company, of the new member of the Fiscal Council and of his respective alternate member The preferred shareholders of the Company in attendance unanimously resolved, pursuant to Item a, Paragraph 4 of Article 161 of Brazilian Corporation Law, to elect as a MEMBER of the Company s Fiscal Council, Mr. Eduardo Cysneiros de Morais, Brazilian, married, economist, bearer of identification document (RG) 08740025-5 issued by IFP/RJ, inscribed in the roll of individual taxpayers (CPF) under number 017.971.487-29, and residing in the city and state of São Paulo at Av. Juscelino Kubitschek, 50, 10ºandar, Itaim Bibi, CEP 04543-000, and as his respective alternate member Mr. Paulo Nobrega Frade, Brazilian, married, administrator, bearer of identification document (RG) 32480750-8 issued by SSP-SP, inscribed in the roll of individual taxpayers (CPF) under number 272.844.948-16, and residing in the city and state of São Paulo at Av. Juscelino Kubitschek, 50, 10ºandar, Itaim Bibi, CEP 04543-000. The term of the members of the Fiscal Council hereby elected is effective until the Annual Shareholders' Meeting of 2011. The investiture is dependent on the signing of (i) the Instrument of Investiture to be recorded in the minutes and opinion's book of the Company s Fiscal Council, in accordance with governing law, and (ii) the Term of Consent of Fiscal Council Members", in which they assume personal responsibility and pledge to conform to the Rules of the Arbitration Chamber, as amended, which regulate the arbitration procedures to which all conflicts established in the Arbitration Clause of the Company s Bylaws are submitted, with the terms of said Arbitration Clause also in force. The members elected herein have declared in advance that they are not prohibited in any
way from exercising commercial activities. Members José Maria Rabelo and Dio Jaime Machado de Almeida also made a solemn commitment to understand, observe and obey the principles, ethical values and regulations established by the Code of Ethics of Civil Servants and of Senior Administrators of the State of Minas Gerais. As a result of the above resolutions, the members of the Company s Fiscal Council, with terms of office lasting until the Annual Shareholders Meeting of 2011, are listed below: MEMBERS Ronald Gastão Andrade Reis Eduardo Alexandre Dutra Zimmermann Clayton Ferraz de Paiva José Maria Rabelo Eduardo Cysneiros de Morais ALTERNATE MEMBERS Mário Lúcio Braga Cláudio Canalis Goulart Ana Paula Moraes Venancio Amaral Dio Jaime Machado de Almeida Paulo Nobrega Frade 7. CLOSURE: There being no further issues to address, the meeting was adjourned for the drawing up of these present minutes, which after having been read and found to be in compliance, were signed by all members in attendance. Ari Cesar Paiva de Almeida Chairman _ Arnaldo de Mesquita Bittencourt Neto Secretary Shareholders: Cemig Geração e Transmissão S.A. p. Carlos Henrique C. Finhold Fundo de Investimento em Participações Coliseu p. Micael Amorim Braga
{0><}0{>Signature page of the Annual Shareholders Meeting of Transmissora Aliança de Energia Elétrica S.A. held on January 19, 2011 AMSP PREVIDÊNCIA FIM; BARABARU FIM; CLARITAS ABSOLUTE 18 FIM; CLARITAS ABSOLUTE FIM; CLARITAS AÇÕES FIA; CLARITAS INSTITUCIONAL FIM; CLARITAS VALOR FIA; CLARITAS VOLATILIDADE 10 PLUS FIM; CLARITAS WM ALOCAÇÃO FIM CRÉDITO PRIVADO; CLARITAS WM KOHAV FIM CREDITO PRIVADO; CLUBE DE INVESTIMENTO CL 18; FIM CRÉDITO PRIVADO GOEN INVESTIMENTO NO EXTERIOR; HAYIM FIM CREDITO PRIVADO; LECHAIM FIM CRÉDITO PRIVADO INV. EXTERIOR EXCLUSIVO; MKS FIM CRED PRIV INVEST EXTERIOR; MNA FIM CRÉDITO PRIVADO; ROSÁCEA FIM CRED PRIV INVEST EXCLUSIVO; SGT PEPPERS FIM CRÉDITO PRIVADO INV. EXTERIOR; STARK FIM CREDITO PRIV. INV. EXTERIOR; VERMONT FIM CRÉD PRIV INVEX EXCLUSIVO; WALVILO FIM CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR; EQUITIES SPC LLC; BCO PORTFOLIO LLC; MULTI STRATEGY SPC LLC; GLOBAL SPC LLC; BRAZIL PRIVATE EQUITY INVESTMENTS LLC; PORTFOLIO BRAZIL LLC; CLARITAS HEDGE MASTER FIM LP; CLARITAS LONG SHORT MASTER FIM; CLARITAS PRIVATE LONG SHORT FIM; AXÉ FIM CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR; ETHER FIM INVESTIMENTO NO EXTERIOR; FIM CRÉDITO PRIVADO JACARANDÁ INVESTIMENTO NO EXTERIOR; FIM CRÉDITO PRIVADO MPL INVESTIMENTO NO EXTERIOR; SONOSSO FIM CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR; e CREDIT AGRICOLE VOLATILITE FIM. p. Eduardo Cysneiros de Morais NEWTON INVESTMENT MANAGEMENT NOMINEES LIMITED; EATON VANCE PARAMETRIC STRUCTURED EMERGING MARKETS FUND; THE DREYFUS/LAUREL FUNDS TRUST - D GLOBAL EQUITY INCOME FUND; EATON VANCE COLLECTIVE INVESTMENT TFE BEN PLANS EM MQ EQU FD; THE MASTER TRUST BANK OF JAPAN, LTD. AS TRUSTEE OF BNY MELL p. Daniel Alves Ferreira CBLC Ari César Paiva de Almeida Eduardo Cysneiros de Morais
EXHIBIT I MINUTES OF THE EXTRAORDINARY SHAREHOLDERS MEETING HELD ON JANURARY 19, 2011 PUBLICATIONS