COMPANHIA ENERGÉTICA DE MINAS GERAIS - CEMIG

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

MARKET ANNOUNCEMENT Cemig suspends studies on acquisition of Colombian utility Isagén

Cemig (Companhia Energética de Minas Gerais), a listed company with equity securities traded on the stock exchanges of São Paulo, New York and Madrid, as part of its commitment to best corporate governance practices, hereby reports to its stockholders and the market as follows:

Cemig has suspended studies on a possible participation in the privatization of Isagén

S.A. E.S.P. by the government of Colombia.

Cemig believes that the opportunity, and the quality of the assets operated by Isagén, are in line with its strategic vision, but has not been successful in developing a financial structure that would enable it to be competitive in the process of acquisition and achieve a level of return sufficient to obtain the approval of its corporate bodies.
Cemig reiterates, however, its commitment to its partnership with Empresas Públicas de Medellín - EPM, continuing to pursue an interest in joint investment opportunities in Brazil and elsewhere.
Cemig will keep its stockholders and the market opportunely and appropriately informed on any change in the present status of this transaction.

Belo Horizonte, March 23, 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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