CFLCL CENF Energipe CELB Saelpa Consolidated

Gross Revenue –

R$ million 182.1 50.4 270.9 62.4 323.3 911.0

Growth % (*) + 26 + 36 + 24 + 25 + 37 + 31

Electricity Sales

–GWh 616 186 1,116 318 1,381 3,801

Retail Market 545 163 968 312 1,333 3,321

• Residential 173 72 278 71 436 1,030

• Industrial 168 34 315 169 399 1,085

• Commercial 77 33 162 41 198 511

• Other classes 127 24 213 31 300 696

Whosale + Other 71 23 148 6 48 480

Sales Increase-%(*) +7.1 +0.5 -7.1 -1.4 +3.5 +4.6

Retail Market- 4.8 +0.2 -10.3 +3.5 +2.7 -2.7

• Residential -1.9 -0.6 +5.2 +3.4 +3.9 +2.9

• Industrial -11.7 -3.2 -29.6 +3.5 +2.7 -11.4

• Commercial -1.6 +4.2 +4.7 +3.7 +1.1 +2.2

• Other classes - 0.3 + 2.0 - 0.1 + 2.9 + 2.2 + 1.0

(*) In relation to the same period of 2003 .

which was lost by CFLCL and three by subsidiary Energipe, which reflected a 11% fall in consolidated physical sales to the industrial

sector. However, the distributors billed these consumers for charges for usinfg the distribution system, wich substantially cushioned the financial impacts resulting from this reduction.