MINUTES TO THE SEVEN HUNDRED NINETEENTH MEETING OF THE BOARD OF DIRECTORS OF CENTRAIS ELÉTRICAS BRASILEIRAS S.A. – ELETROBRAS

NIRE 53300000859/CNPJ nº 00001180/0001-26

On the twenty first day of the month of August of the year two thousand fifteen, at 3:30 pm, at the company’s office located at Av. Presidente Vargas nº 409 – 13th floor, Rio de Janeiro – RJ, in their 719th meeting. The President of the Board, Mr. WAGNER BITTENCOURT DE OLIVEIRA chaired the meeting, atended by the following board members JOSÉ DA COSTA CARVALHO NETO, MAURÍCIO MUNIZ BARRETTO DE CARVALHO, JAILSON JOSÉ MEDEIROS ALVES and LUIZ EDUARDO BARATA FERREIRA. Decision: DEL 092/2015: Reconvening of the Extraordinary General Meeting for the election of the member of the Board of  Administration and the Fiscal Council by the Controlling Shareholder. RES-463, from 18.08.2015. To this end, the Reconvening Notice below was signed. “MINISTRY OF MINES & ENERGY. CENTRAIS ELÉTRICAS BRASILEIRAS S.A. – ELETROBRAS (open Company). CNPJ. nº 00001180/0001-26. RETIFICATION OF RECONVENING NOTICE. 163th Extraordinary General Meeting. We reconvene the Shareholders of Centrais Elétricas Brasileiras S.A. – Eletrobras to meet at the Company’s Headquarters, in Brasilia, Setor Comercial Norte, Quadra 04, Bloco “B”, nº. 100, Sala 203 of Edifício Centro Empresarial VARIG – Brasilia – DF, on the 21st day of September 2015, at 10 o’clock, in an Extraordinary General Meeting, to discuss the following Agenda: 1. Controlling shareholder approval of the election of Mr. Luiz Eduardo Barata Ferreira, as a member of the Board of Administration, according to article 28 of the Company’s bylaws; 2. Election by the controlling shareholder of 2 (two) members of the Board of Administration, according to item I of article 17 of the Company’s bylaws; 3. Election of a full member of the Fiscal Council, to replace Mr. Ricardo de Paula Monteiro, and his respective substitute, to replace Mr. Hugo Leonardo Gosmann according to article 36 of the Company’s bylaws. 4. Election of the full member of the Fiscal Council, to replace Mr. Jarbas Raimundo de Aldano Matos, and his respective substitute, to replace Mr. Jairez Elói de Sousa Paulista according to article 36 of the Company’s bylaws. The notice hereing adds and replaces the call noticed issued on 31st July 2015 Company pages (http://www.eletrobras.com.br/ri), of the Securities Commission – CVM (http://www.cvm.gov.br) and of BM&FBovespa (www.bmfbovespa.com.br), besides being published in the news at Diário Oficial da União, O Globo, Valor Econômico and Correio Brasiliense, on August 04, 05 and 06. Under the provisions of paragraph one of the article 126 of Federal Law n. 6.404/1976, as altered (“Corporation Law”) and of the decision of the I. CVM commission on proccess CVM RJ2014/3578, on 04 November 2014, the share holder may be represented in the general meeting: (i) if it is a natural person, by an attorney constituted for at least 1 (one) year (in case he/she is a Company shareholder, administrator or lawyer regularly enrolled in the Ordem dos Advogados do Brasil), (ii) if a legal entity, by the legal representatives or by an appointed attorney under the terms of their acts of incorporation and according to the rules of the Brazilian Civil Code, (iii) if it is an investment fund, by its administrator and/or manager or, even, by an appointed attorney under the terms of their acts of incorporation and according to the rules in the Brazilian Civil Code. The Shareholder or the legal representative, aiming at ensuring the admission to the Meeting (art. 5º, caput, of CVM Instruction n. 481, from 17.12.2009), shall present the following documents:  (i) Official ID Document with a photo; (ii)  A certified copy of the updated act of incorporation (bylaws or article of incorporation), in case of a legal entity; (iii) Original or certified copy of power of attorney granted by the shareholder; and (iv) Original copy of the shareholder statement supplied by the depository institution or by the custodian, identifying the condition of the shareholder.

According to the sole paragraph in article 43 of the Company’s Bylaws, we request the delivery of shareholder condition supporting documents and of representatives at least 72 (seventy two) hours before the now called Extraordinary General Meeting is held, in the Department of Relationship with Investors - DFR, Market Service Division – DFRM, at Avenida Presidente Vargas, n. 409 – 9^th floor, in the city of Rio de Janeiro, State of Rio de Janeiro, between 8 am and 12 pm and 2 pm and 5 pm. All the shareholders who come with the requested documents shall be allowed into the Extraordinary General Meeting now called, however. Provisions in article 141 do not apply to the Law of Corporate Actions, and bearing in mind that the election of the member of the Board of Administration, object of the agenda, aims at the replacement and filling of posts, whose indication concerns the controlling shareholder, as established by clause I of article 17 of the Company’s Bylaws. They are at the shareholder’s disposal at the Department of Investors’ Relationships – DFR, Market Service Division – DFRM, at Av. Presidente Vargas, n. 409 – 9th floor, in the city of Rio de Janeiro, RJ and in the pages of the Company (http://www.eletrobras.com.br/ri), of the Securities Comission – CVM (http://www.cvm.gov.br) and of BM&FBovespa (www.bmfbovespa.com.br) all the documents pertaining to the subject that will be debated in the Extraordinary General Meeting, according to the terms in Art. 135, § 3. Of the Law of Corporations by Stocks and of CVM Instruction n. 481, from 17 December 2009, as altered (“Instrução CVM 481”). Rio de Janeiro, 21 August 2015. (a) Wagner Bittencourt de Oliveira - President of the Board of Administration. With no further matters to discuss, the President of the Board considered the work done, stating the writing of this certification which, after it is read and approved, herein signed by me MARIA SILVIA SAMPAIO SANT’ANNA, Secretary of the Council, who has written it. The other resolutions established in this meeting were ommited from this certification, as they refer only to merely internal interests to the Corporation, a legitimate concern, supported by the duty of administrative  confidentiality, regarding the “caput” of Article 155 of Law n. 6.404 (Shareholder Social Law by shares), being, therefore, beyond the scope of the norm in paragraph 1 of the article therein article142 of the afore mentioned Law.  

Rio de Janeiro, 21 August 2015.