ANEEL defines Light SESAs 2007 Tariff Readjustment

Rio de Janeiro, November 7, 2007 Light S.A. (Bovespa: LIGT3) (Company), parent company of LIGHT GROUPs companies, announces that ANEEL (Brazilian Electricity Regulatory Agency), at a public meeting occurred on the date hereof, approved the report which authorizes the average 0.10% readjustment of tariffs applied by Light Energia S.E.S.A. (Light) for the period as of November 7, 2007, comprising all consumption classes (residential, industrial, commercial, rural and other). The readjustment index, which is valid to the tariffs applied in the period from November 7, 2007 to November 6, 2008, is comprised of two components: the structural one, which now integrates the tariff, with a 0.51% readjustment; and the financial one, which is valid for the term of effectiveness of this tariff, which had a negative restatement of 0.41%. The tariff readjustment process is basically a result of the pass-on to end consumers of non-manageable costs related to the concession, such as energy purchased for distribution, sector charges and transmission charges. As part of these costs, there was a reduction over the past 12 months, especially due to the decrease in the CCC (Fuel Consumption Account subside to the thermal generation in Brazils northern region) and the dollar depreciation (Itaipu Binacionals energy purchase index), Lights tariff readjustment was below inflation in the period. It is worth pointing out that Lights end consumers will observe an average 4.79% decrease in their electricity bills as of November 7, due to the financial readjustments included in the tariff related to the period between November 7, 2006 up to the present, associated to the recovery of tariff differences of past periods, which had a positive effect of 5.4% in that periods tariff. Applying the tariff alignment, where readjustment indices are different to high-voltage and low-voltage consumers, the average readjustment to each voltage level calculated by ANEEL will be as follows:

Tension Level Low tension (residential) A4 A3a AS A2 Average Value

Real change over 2006 fares -5.30% -3.30% -4.11% -3.30% -5.29% -4.79%

The table below shows the 2007 tariff readjustment result breakdown.

Light Tariff Adjustment 2007 - Breakdown

R$ Amount % Variation -1.93% -13.46% 4.10% -39.00% -1.34% 10.08% -77.03% 46.76% -3.40% -27.31% 1.32% -19.81% 11.46% 50.00% -1.59% 0.49% 7.80% 4.69% 0.51% -0.41% 0.10% -4.79% -15.32% 6.29% 1.60%

Non-manageable costs
Incumbencies* RGR CCC TFSEE CDE ESS Proinfa P&D ONS Purchased Energy Itaipu Other Contracts Energy Transport Itaipu Transport Basic Network Connections

Manageable Costs Authorized Revenue

Financial Components

3,099,236 582,278 67,186 185,039 12,913 204,528 3,621 63,701 45,105 186 2,111,735 541,681 1,570,054 405,223 47,971 341,726 15,526 1,933,894 5,033,130 (20,788)

Total Readjustment Average Final Consumer Perception

Dollar Variation IGP-M Variation X Factor

Ronnie Vaz Moreira Investor Relations Officer