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MINISTRY OF MINES AND ENERGY
CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRAS
(Open Company)
CNPJ. Nº 00001180/0001-26

 

NOTICE TO SHAREHOLDERS

 

We hereby inform our Shareholders that the Company's General Shareholders’ Meeting held on April 30, 2015, approved the payment of remuneration to shareholders concerning the year 2014, in the form of Interest on Own Capital (JCP), with resources from the residual balance of the statutory profit reserve.

 

Because the balance of the statutory revenue reserve is insufficient to pay dividends to all shareholders, only holders of preferred shares will be entitled to interest on capital, due to the priority guaranteed to them by Article 8 of the Statute on Social Eletrobras over common shares.

 

In addition, since the Company's bylaws do not establish any priority in the payment of dividends between the holders of preferred class "A" or "B", the balance of the profit reserve will be distributed equally among holders of preferred class " A "and" B ", which will receive the same amount per share as dividends.

 

In the face of all the above, the credited amounts will be considered in the form of legislation and the Company's Bylaws, as follows:

 

1. VALUE:

The value of the interest on equity to be distributed to the holders of preferred “A” and preferred “B” shares is equivalent to:

 

 

2.  EX-INTEREST ON EQUITY:

Legal Entities and Individual Taxpayers registered as actual owners or beneficial owners of Eletrobras shares on the date of the AGM, that is April 30^th, 2015, will be entitled to payment.

 

3.  PAGAMENTO:

 

Pursuant to Paragraph 4 of Article 1 of Decree 2.673, of 16 July 1998, the credits will be paid corrected by the Special System for Settlement and Custody Tax –,   Selic rate published by the Brazilian Federal Revenue, from the date that ends the fiscal year 2014 until the date of effective payment, which will occur up to 60 (sixty) days, from the date that the General Shareholders’ Meeting was held.

Payment will be made with the retention of 15% (fifteen) Income Tax as per present legislaton.

 

The Income Tax deductions, on the interest on equity and the remuneration of the Selic rate will apply to all shareholders, except to those who can prove legal status of tax immunity or exemption, referring to the "Declaration and Statement of Commitment" whose models are available through the electronic address http://www.eletrobras.com.br/elb/ri and these should be signed by the legal representative(s), duly notarized. The Term of Possession and/or Minutes of AGM/EGM must be attached to the requested documents to prove legal representation.

 

 

 

The payment to shareholders shall be made by credit in the current account as registrated at Banco Bradesco S.A. - Bradesco. Shareholders, whose data are outdated, should go to a Bradesco branch in order to update the registration information and to receive the remuneration, as Payment of Interest on Equity.

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

 

 

Brasília, April 30, 2015.

 

 

Armando Casado de Araújo

CFO and Investor Relations Director

 

 

 

 

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