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Centrais Elétricas Brasileiras S.A. - Eletrobras

 

OPEN COMPANY

 

CNPJ No. 00.001.180/0001-26

 

NOTICE TO SHAREHOLDERS

 

Payment of Interest on own Equity

 

Centrais Elétricas Brasileiras S.A. - Eletrobras  (Bovespa: ELET5, ELET6) – informs its shareholders that, in compliance with the deliberated on 55th Annual General Meeting held on April 30th, 2015, will start as of June 30th, 2015, the payment of interest on own equity (JCP), related to the year of 2014, to natural and legal persons registered as owners or beneficial owner of preferred shares of classes "A" and "B", in the base date of April 30th, 2015.

 

In accordance with current legislation and the Eletrobras Bylaws, the values below are updated by the Selic rate, disclosed by Brazilian Central Bank:

 

R$ per share

 

Payment Conditions:

 

In relation to amounts payable of interest on own capital, will address the rate of 15% (fifteen percent) income tax at source on the principal pursuant to Law 9,249/

95 and 20% (twenty percent) on that portion of the payment that is adjusted by the Selic rate, in accordance with current legislation, especially Law No. 11,033/04.

 

The withholding of income tax described as mentioned above will not be applied to those who have provided notice to Eletrobras of their status as not subject and/or exempt from withholding tax by forwarding to Eletrobras a copy of the “Termo de Declaração e Compromisso”, as published in our Notice to Shareholders dated May 5th, 2015 and available at the web address http://www.eletrobras.com.br/elb/ri.

 

Payment Instructions:

 

Payment will be made through Banco Bradesco S.A., the depository bank for Eletrobrás shares, by credit to the bank accounts of natural and legal persons registered as owners or beneficial owner of preferred shares of classes "A" and "B", in the base date of April 30th, 2015.

 

The natural and legal persons registered as owners or beneficial owner of preferred shares of classes "A" and "B", in the base date of April 30th, 2015, whose registration does not contain information on their Bank/Branch /Current Account, interest on own capital will only be credited as of the third day from the date of the updated registration in the electronic files of Banco Bradesco S.A., through its branches.

 

 

For shareholders who are users of custody trust arrangements, interest on own capital will be credited in accordance with procedures adopted by the applicable stock exchange.

 

Holders of bearer shares must go to any branch of Banco Bradesco S.A. with their CPF (local Social Security document), ID card, proof of residence and the bearer shares in order to convert these shares into book form for subsequent payment. At that time, these holders may pass on their bank account information.

 

Regarding the holders of our American Depositary Receipts (ADRs) traded on the New York Stock Exchange - NYSE, payment will be made through JPMorgan Chase Bank, N.A., the depositary bank for the Eletrobras ADR programs.

 

The payment date and any other additional information may be obtained through the following website: www.adr.com

 

Places of Service:

 

Further information may be obtained through the Bradesco Shareholder Service Center by calling (55 11) 3684-9495 or at any Banco Bradesco S.A. branch.

 

Final Comments:

 

Any interest on capital not claimed within 3 (three) years of the initial date of payment (June 30, 2015), will revert back to the company in accordance with Item a, Item II of Article 287 of Law 6,404/76.

 

We remind our shareholders of the importance of updating your registration data, since the payment of shareholders’ remuneration may only be made to shareholders whose data is updated or who have a current account at any bank registered with Banco Bradesco S.A. To update your registration please go to any branch of Banco Bradesco S.A. with your personal documents.

 

Shareholders are reminded of the importance of updating your registration data, because the income payment may only be made to the shareholders whose registration data are up-to-date or those that have a checking account in any bank registered in Banco Bradesco S.A. (institution which administers the system of Eletrobras book-entry shares). To do so, you should attend any branch of Banco Bradesco S.A. in possession of your personal documents.

 

 

 

Brasília, June 25, 2015.

 

Armando Casado de Araújo

CFO and Investor Relations Officer

 

www.eletrobras.com

 

For further informations: Centrais Elétricas Brasileiras S.A. – Eletrobras

Investor Relations: [email protected]

Ave. Presidente Vargas, 409 – 9º floor – Rio de Janeiro, RJ – Tel.  55 (21) 2514-6331/6333

 

 

 

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.

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