MARKET ANNOUNCEMENT CENTRAIS ELETRICAS BRASILEIRAS S/A

CNPJ: 00.001.180/0001-26 COMPANHIA ABERTA

CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRAS ("Company" or "Eletrobras"),

further to the Market Announcement of August 16, 2016, hereby informs its shareholders and the market in general that the Board of Investment Partnerships Program of the Federal Government (Programa de Parcerias de Investimento da Presidência da República) - PPI approved the Resolution 7/2016 in the which is being listed the new minimum conditions and new price for sale, by Eletrobras, of its shareholding participation in CELG Distribuição S.A ("Celg-D").

The new market value approved by the PPI for CELG D is R$ 4.448 billion (four billion, four hundred forty-eight million). However, considering the debts and other liabilities in the amount of R$ 2.656 billion (two billion, six hundred fifty-six million), as of June 2016, the net value of CELG D is R$ 1.792 billion (one billion, seven hundred ninety-two million). In the privatization process, Eletrobras intends to sell its entire stake in CELG D, equivalent to 50.93% of the share capital.

The Resolution PPI number 7/2016 is available in the Eletrobras website (www.eletrobras.com/elb/ri) and was published in the Official Gazette.

The Company clarifies that the sale of CELG D shares depends on approval by the regulatories agencies and the Eletrobras decision-making bodies, including its General Shareholders Meeting, as well as the privatization auction to be held by BM&FBOVESPA.

The Company will keep the market informed about the information relating to the mentioned operation.

Rio de Janeiro, September 14, 2016.

Armando Casado de Araujo

CFO and Investor Relations Officer

ELET3 & ELET6

2015

Eletrobrás - Centrais Elétricas Brasileiras SA published this content on 14 September 2016 and is solely responsible for the information contained herein.
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