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CENTRAIS ELETRICAS BRASILEIRAS S/A

CNPJ: 00.001.180/0001-26

PUBLIC COMPANY

 

 

Centrais Elétricas Brasileiras S/A ("Company" or "Eletrobras") hereby informs that pursuant to Article 12 of CVM Instruction 358/2002, as amended and currently in force, received correspondence from BLACKROCK, Inc. ("Shareholder") through which declares that has sold class B preferred shares and, on 11/30/2016, its holdings reached, in aggregate 13,199,304 class B preferred shares, representing approximately 4.97% of the class B preferred shares issued by the Company.

 

In its correspondence the Shareholder also said that the purpose of those shares is strictly investment, not intended to promote shareholder control change or in the Company's management structure; and which were not concluded any instruments governing the exercise of voting rights or the purchase and sale of securities issued by the Company and their ownership.

 

The Company received the full correspondence and it is attached to this announcement.

 

 

 

 

 

 

 

 

 

Rio de Janeiro, December 2, 2016.

 

 

Armando Casado de Araujo

CFO and Investor Relations Officer

 

 

 

 

 

 

[Free Translation of BlackRock, Inc correspondence]

 

“Centrais Elétricas Brasileiras S / A - Shareholding Sale of Relevant Participation

 

Dear Sirs

 

1. The BlackRock Inc. ("BlackRock") comes in the name of some of its customers, as the investment manager, report that has sold class B preferred shares issued by Centrais Elétricas Brasileiras S/A (“Eletrobras” or “Company”), and on November 30, 2016, its holdings reached, in aggregate 13,199,304 of class B preferred shares and American Depositary Receipts (“ADR”) representatives of class B preferred shares issued by the Company, representing, in total, approximately 4.97%.

 

2. In order to meet the provisions of Article 12 of Instruction 358 of the Comissão de Valores Mobiliários ("CVM"), dated January 3, 2002, as amended, BlackRock hereby requests the Investor Relations Officer of the Company to disclose the following information to the CVM and other relevant bodies:

 

i. BlackRock is headquartered at 55 East 52^nd Street, New York City, New York, 10022-0002, United States;

 

ii. The shareholding participation held by BlackRock reached, in aggregate, 13,199,304 of class B preferred shares and ADR representatives of calss B preferred shares, representing approximately 4.97% of the total Class B preferred shares issued by the Company as specified in item 1 above;

 

iii. The purpose of the above shareholdings are strictly for investment, not aiming at a change of control or the Company's management structure; and

 

iv. There were not concluded by BlackRock any contracts or agreements regulating the exercise of voting rights or the purchase and sale of securities issued by the Company.

 

3. We remain available for any further information you may require regarding the matter.

 

Best Regards”

 

 

 

 

 

CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRÁS
By:	/S/ Armando Casado de Araujo
	Armando Casado de Araujo Chief Financial and Investor Relation Officer