CENTRAIS ELETRICAS BRASILEIRAS S.A. CNPJ: 00.001.180/0001-26 COMPANHIA ABERTA
Centrais Elétricas Brasileiras S/A ("Company" or "Eletrobras") hereby informs its shareholders and the market in general that the Commission of Bidding relating to the Privatization Auction of Celg Distribuição S.A ('CELG-D"), designated by the Ordinance PRESI 093/2016 - BNDES of June 29, 2016, became public that the bid was considered deserted, without participants, and therefore the public session of the Auction of CELG D, which should take place on August 19, 2016 at BM&FBOVESPA, was canceled.
Given the above, Eletrobras informs that will be reviewed the privatization conditions approved by the National Council on Privatization ("CND") and the Banco Nacional de Desenvolvimento Econômico e Social ("BNDES"), pursuant to the rules of the National Privatization Plan ("PND"), in particular the Law No. 9,491 of September 9, 1997, to launch a new bid to privatize CELG D.
The Company will keep the market informed about the evolution of the subject reported in this market announcement.
Rio de Janeiro, August 16, 2016.
Armando Casado de Araujo
CFO and Investor Relations Officer ELET3 & ELET6Eletrobrás - Centrais Elétricas Brasileiras SA published this content on 16 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 16 August 2016 22:45:02 UTC.
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