CENTRAIS ELETRICAS BRASILEIRAS S.A.
In response to the letter BM&FBOVESPA, of December 30, 2014, regarding the news published by agência Valor Econômico on December 30, 2014, about the Company's investment program for 2015, we hereby clarify the following:
Regarding the mentioned forecast of the total investments made in 2014, Eletrobras, historically, has been performing around 80% (eighty percent) of the total estimated annual Capex, whose estimated budget was R$ 14.1 billion is expected to be maintained for 2014.
Regarding the total investments planned for 2015, the Company is awaiting the disclose of federal legislation that will approve the Capex of the federal state companies for the year 2015, however, as informed in the Relevant Fact released on March 28, 2014, the Company reported that expected to invest between 2014 and 2018, the amount of R$ 60.8 billion.
Regarding the growth of the installed capacity of the Company and the construction of transmission lines, in the coming years, Eletrobras through various presentations to the market, filed at the Comissão de Valores Mobiliários - CVM and the U.S. Securities and Exchange Commission - SEC, informs the projects that are under construction, its completion deadlines, including those scheduled for delivery in 2014 as well as the total amount of these investments. Also, through the Relevant Fact of March 28, 2014, it was reported that the Company expected to aggregate, from 2014 to 2018, around 13.4 GW to the Brazilian installed capacity and 19.2 thousand km of transmission lines.
Finally, the main projects relating to the inventory studies, viability and basic project are detailed in the presentations made by the Company to the market, filed at CVM and SEC, which present the total installed capacity and the total amount of investments involved.
We will keep the market informed of legislative approval for the 2015 investment budget.
Rio de Janeiro, January 5, 2015
Armando Casado de Araújo
ELET3 & ELET6
EBR & EBR.B
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