2012 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 of 12,27% to Light SESAs tariffs for captive consumers, been 11,85% for residential consumers, for the 12month period starting on November 7, 2012. The tariff readjustment has two components: the structural component, which now integrates tariff, of 7.17%; and the financial component exclusively applied to the next 12 months, of 3.60%. Light 2012 Tariff Readjustment Structural TRI Financial Additions Total 7.17% 3.60% 10.77%

The annual tariff readjustment process consists of transferring the concessions non-controllable costs to consumers, such as energy purchase, sector charges and transmission charges (Parcel A) and the controllable costs adjustment (Parcel B) by IGP-M (General Market Price Index) less X Factor, which transfers the concessionaires annual efficiency gains to consumers. The variation verified in Parcel A from November 2011 to October 2012, of 4.83%, was affected by 16.89% increase in the energy purchase costs, due to the high of the dollar, which impacts the cost of energy from Itaipu, and the higher Differences Settlement Price (PLD), the latter impacting on the energy cost of contracts for energy availability of thermal plants. The Parcel B Variation (that effectively remains with Light SESA to cover its costs and pay its investments) reflects the IGP-M index accumulated from November 2011 to October 2012 of 7.52%, less X Factor of 0.48%, resulting in the final percentage of 7.04%. Taking into consideration the new financial component, exclusively applied for the next 12 months, of 3.60% and the removal of financial component that is currently present into Lights tariffs, of -0.64%, Light SESAs captive consumers will have an average increase in their electricity bills of 12.27%, while the increase for free consumers will be of 2.49%, reflecting an average effect of 11.41%, from November 2012. It is noteworthy that the effects of Provisional Measure 579 of 09.11.2012 are not included in this readjustment, since the tariff reduction is scheduled to take place in February 5, 2013, when ANEEL shall proceed the Extraordinary Tariff Review in all of Brazilians energy concessionaries.

Rio de Janeiro, November 6, 2012. Joo Batista Zolini Carneiro Chief Financial and Investor Relations Officer