Companhia Energetica Minas Gerais : Cancellation of Cemig debentures issued for construction of Irapé Hydro Plant

LISTED COMPANY - CNPJ 17.155.730/0001-64 - NIRE 31300040127

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

(1) In a meeting held on today's date (December 29, 2014), the Board of Directors of Cemig's wholly-owned subsidiary Cemig Geração e Transmissão S.A. ('Cemig GT') authorized optional acquisition of the debentures of the 2nd, 4th, 5th and 6th Private Issues of Non- convertible Debentures by Cemig, with payment, to the State of Minas Gerais, of a total of R$ 90,000,000.00 in December 2014.

(2) The Board of Directors of Cemig authorized cancellation of those debentures, as a result of this acquisition.

(3) Since this was a related party transaction, only those board members who deemed themselves not prevented by conflict of interest were able to vote.
Belo Horizonte, December 29, 2014.
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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