Market Announcement - Decisions on renewals of concessions

distributed by noodls on 12/05/2012 04:03

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COMPANHIA ENERGÉTICA DE MINAS GERAIS - CEMIG

LISTED COMPANY CNPJ 17155.730/0001-64

NIRE: 31300040127

MARKET ANNOUNCEMENT

Cemig Board decisions on renewals of concessions

Cemig (Companhia Energética de Minas Gerais), a listed company with securities traded on the stock exchanges of São Paulo, New York and Madrid, hereby informs the public, the Brazilian Securities Commission (CVM), the São Paulo Stock, Commodities and Futures Exchange ("BM&FBovespa") and the market in general - in accordance with CVM Instruction 358 of January 3, 2002, as amended - as follows:

By decision of its Board of Directors, Cemig has decided to sign a contract with the Mining and Energy Ministry for renewal, for 30 years, of the concession for operation and maintenance of the transmission assets of its subsidiary Cemig Geração e Transmissão S.A.
The Board also decided not to renew the concessions of 18 of the Company's

hydroelectric plants, the concession contracts of which expire in the coming years.

Cemig will call an Extraordinary General Meeting of Stockholders to submit the decision taken by the Board to the approval of the stockholders.
These decisions reflect the Company's commitment to its stockholders, employees and other stakeholders to maintain the Company's sustainability and growth.

Belo Horizonte, December 4, 2012, Luiz Fernando Rolla

Chief Finance and Investor Relations Officer

Av. Barbacena 1200 Santo Agostinho 30190-131 Belo Horizonte, MG Brazil Tel.: +55 31 3506-5024 Fax +55 31 3506-5025

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This text is a translation, provided for information only. The original text in Portuguese is the legally valid version.

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