Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

FISCAL COUNCIL

492ª Reunião

03.27.2020

FINANCIAL STATEMENT OPINION

12.31.2019

The Fiscal Council of Centrais Elétricas Brasileiras S.A. - Eletrobras, within the scope of its legal and statutory attributions, learned of the Management Report and examined Eletrobras' individual and consolidated financial statements for the fiscal year ended on December 31, 2019, composed by Balance Sheet, Statement of Income for the Year, Statement of Added Value, Statement of Comprehensive Income, Statement of Cash Flows and Explanatory Notes to the Financial Statements, accompanied by the Opinion of the Independent Auditors, as well as found out about the proposal regarding the allocation the result of the fiscal year.

This Fiscal Council, considering the monitoring work of the Company, parent company and consolidated, the information provided by the Company throughout the year, the analysis of the documentation presented and the Independent Auditors' Report - PWC, understands that the referred documents, highlighting the emphasis contained in the Independent Auditors 'Report, they are in a position to be submitted to the deliberation of the Company's Annual Shareholders' Meeting.

Rio de Janeiro, March 27, 2020.

PATRICIA VALENTE STIERLI	EDUARDO COUTINHO GUERRA
Fiscal Council Chairwoman	Member

GIULIANO BARBATO WOLF	THAÍS MÁRCIA F. MATANO LACERDA
Member	Member

This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.

CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRÁS

By:	/S/ Elvira Baracuhy Cavalcanti Presta
	Elvira Baracuhy Cavalcanti Presta CFO and Investor Relations Officer