2011 Tariff Readjustment of Light SESA

Light S.A. (BM&FBovespa: LIGT3 and OTC: LGSXY) (Company), parent company of Light Servios de Eletricidade S.A. (Light SESA), announces to its shareholders and the market in general that the Brazilian Electricity Regulator - ANEEL, in a public meeting held on this date, approved an average readjustment to Light SESAs tariffs of 6.57% for the 12-month period starting on November 7, 2011. For further information, see the documents (in Portuguese only): Resoluo Homologatria n 1.232 e Nota Tcnica n 303/2011 . The tariff readjustment has two components: the structural component, which now integrates tariff, of 7.21%; and the financial component exclusively applied to the next 12 months, of -0.64%. Light 2011 Tariff Readjustment Structural TRI Financial Additions Total 7.21% - 0.64% 6.57%

The annual tariff readjustment process consists of transferring the concessions non-controllable costs to end consumers (energy purchased for supply, sector charges and transmission charges) which are calculated in detail on a yearly basis and the controllable costs adjustment by IGP-M (General Market Price Index) less X Factor, which transfers the concessionaires annual efficiency gains to consumers. Concession controllable costs are calculated in detail only during Tariff Review period. The variation verified in Parcel A (Generation, Transmission and Sector Charges), of 7.33%, was affected by 21.36% high variation of Sector Charges in the period. Among these charges, we point out the variation of Global Reversion Reserve (RGR) which was extended until 2035 through Law 12,431/2011. Another item with relevant variation in the period was related to the System Services Charges (ESS), which went up19.66% due to costs associated with thermoelectric power plants out of merit order ruling for energy security reasons, as resolved by the Electricity Sector Monitoring Committee (CMSE). The Parcel B Variation reflects the IGP-M index accumulated from November 2010 to October 2011 of 6.95%, less X Factor of -0.01%, resulting in the final percentage of 6.96%. Taking into consideration the financial component exclusively applied to the next 12 months, of -0.64% and the removal of financial component built into Lights tariffs effective up to date, of -1.33%, Light SESAs consumers will realize an average increase in their electricity bills of 7.82% as of November 7, 2011. Rio de Janeiro, November 1, 2011. Joo Batista Zolini Carneiro Financial and Investor Relations Officer