August, 2010

Total Shares

Disclaimer

Some statements in this presentation are regarded under U.S. Securities law as forward-looking statements, i.e., statements that are subject to risks and uncertainties. Forward-looking statements are forecasts which may differ materially from the final figures and which are not under our control. For further information on the risks and uncertainties as they relate to us, please see our 20-F form for 2009 in particular, item 3 which contains “Basic Information – Risk Factors.”

All figures are expressed in Brazilian GAAP.2

A Traditional Electric Power Business

Chile

Brazil

PB

AM

ACRO

PA MA

RR AP

PI

CE RN

PEAL

SEBATO

MT

GO

MS SP

PRSC

RS

ES

RJ

MG

Power Generation

Power Generation (under construction)

Power Transmission

Power Transmission (under construction)

Electricity Distribution

Cemig “Free Consumer” Clients

Purchase of Energy

Wind Power Generation

Wind Power Generation (under construction)

Natural Gas Distribution

DF

3

The largest integrated power utility in Brazil

Power Generation: 6,875 MW of installed capacity

Electricity Distribution: 474 thousand Km

Power Transmission:

8,348 Km

Free Customer: 25% of Brazil’s Market Share

4

Strong Management

• Highest Corporate Governance standards and integrity• 14 Board of Directors Members

• 10 members are independent according to DJSI criteria

• Full SOX (Sarbanes Oxley) compliance• Growth-driven Long Term Strategic Plan, incorporated into our

bylaws• Expansion opportunities evaluated using strict profitability criteria

• Investments in projects offering real internal rates of returns above our cost of capital

• Cemig is the only power utility and one of three Brazilian companies in

the new Global Dow Index

5

Financial Highlights

3,058 3,2224,062 4,099 4,039

2005 2006 2007 2008 2009

4238 40 38

35

1,662 1,719 1,743 1,887 1,861

2005 2006 2007 2008 2009

27

2017 17 18

Ebitda margin (%)

Ebitda (R$ million)Net income (R$ million)

2,0701,382 868 944 931

2005 2006 2007 2008 2009

Dividends(R$ Million)

10380

50 50 50

Dividend pay-out(% of Net income)

Net margin (%)

6

Dividend Policy

• 50% pay out: incorporated into our bylaws, we distribute a minimum of 50% of the net income accounted for the previous year.• Plus extra dividends, every two years, if the availability of cash

permits, we will distribute extraordinary dividends.• Paid in semi-annual basis: on June 30 and by December 30• Preferred shares have preference in the event of reimbursement of

shares, and receive an obligatory minimum dividend equal to the greater of:– 10% of their nominal value, or – 3% of the book value to which they correspond.

2006 2007 2008 2009

80

50 50 50

2006 2007 2008 2009

9

56 6

Dividend Payout(% of Net Income)

Dividend Yield(%)

7

Strong shareholders base assures liquidity

8

BruneiSingaporeSouth KoreaJapanMalasiaTaiwan

ASIA

AustraliaOCEANIA

Canada MéxicoUnited States

North America

South AmericaArgentinaBoliviaBrazilChileUruguay

Central AmericaBermudaBahamasCayman IslandsTurks & Caicos IslandsVirgin Islands

Middle EastSaudi ArabiaUnited Arab Emirates KuwaitOmanSyria

EUROPALuxembourgUKSpainSwitzerlandIrelandGuernsey

JerseyHollandFranceNorwayDenmarkItalySweden

GermanyBelgium AustriaPortugalPolandRomania

• Our Shares are traded in 3 Stock Exchanges

• 117,000 shareholders over 44 countries

Average Daily Trading Volume - 2009

Bovespa: R$ 47 millionNYSE: US$ 33 million

2004 2005 2006 2007 2008 2009 Jun/10

3.76.1

7.59.1

6.1

10.29.0

Market Capitalization (US$Billion)

E-mail: ri@cemig.com.br Phone: (55 31) 3506-5024 Fax: (55 31) 3506-5025

http://ri.cemig.com.br

Investor Relations

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