**Exhibit 4.4**

 

**NATIONAL ELECTRICITY AGENCY —ANEEL**

 

 

**THIRD AMENDMENT**

 

**CONCESSION CONTRACT FOR PROVISION**

 

**OF PUBLIC ELECTRICITY**

 

**DISTRIBUTION SERVICE NO.002/1997-DNAEE**

 

 

**CEMIG DISTRIBUTION S.A.**

 

**NORTHERN AREA**

 

----

 

**NATIONAL ELECTRICITY AGENCY — ANEEL**

 

**PROCESS NO. 48500.006111/2007-08**

 
| ** ** | **THIRD AMENDMENT TO ELECTRICITY DISTRIBUTION  CONCESSION CONTRACT NO. 002/1997-DNAEE — NORTHERN AREA, SIGNED BETWEEN THE  NATION OF BRAZIL AND CEMIG DISTRIBUTION S.A.** |
|------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

 

**THE NATION OF BRAZIL,**hereinafter referred to as the Concession-GrantingPower, in exercise of the function conferred upon it by Article 21, Sub-itemXXII, sub-item “b”, of the Federal Constitution, through the **NATIONAL ELECTRICITY AGENCY — ANEEL** as intermediary, in accordance with theprovisions of Sub-item IV, Article 3 of Law 9427 of December 26, 1996, aspecial-regime autonomous authority, with head office at SGAN, Quadra 603,Modulo “I”, Brasília, Federal District, registered in the CNPJ/MF under No.02.270.669/0001-29, represented by its Director-General, NELSON JOSÉ HÜBNERMOREIRA, bearer of Identity Card CREA3.818/D-CREA/DF and CPF 443.875.207-87,under Sub-item V, Article X, Appendix I — Regulations Structure, approved byDecree 2335 of October 6, 1997, supported by Decree 4932 of December 23, 2003,hereinafter referred to as **ANEEL,**and **CEMIGDISTRIBUTION S.A.**,with head office in the city of Belo Horizonte, Minas Gerais State, at AvenidaBarbacena 1200, Bairro Santo Agostinho, registered in the CNPJ/MF under No.06.981.180/0001-16, represented in accordance with its Bylaws by its ChiefExecutive Officer DJALMA BASTOS DE MORAIS, bearer of Identity Card RG number 1G911214 — Army Ministry and CPF/MF No. 006.633.526-49, and by its ChiefDistribution and Sales Officer FERNANDO HENRIQUE SCHÜFFNER NETO, bearer of IdentityCard RG M 1.311.632-SSP/MG and CPF/MF No. 320.008.396-49, as holder of anelectricity distribution concession, hereinafter referred to as the **CONCESSION HOLDER**, with **COMPANHIAENERGETICA DE MINAS GERAIS** — **CEMIG**, hereinafter referred to as the **CONTROLLING SCHÜFFNERHOLDER,**as **CONSENTINGPARTY**, hereinrepresented by its Chief Executive Officer DJALMA BASTOS DE MORAIS, bearer ofIdentity Card RG 1G 911214 — Army Ministry and CPF/MF 006.633.526-49, and byits Chief Distribution and Sales Officer FERNANDO HENRIQUE SCHÜFFNER NETO,bearer of Identity Card RG M 1.311.632-SSP/MG and CPF/MF 320.008.396-49, bythis instrument and in the best form of law, decide to sign the **THIRD AMENDMENT TO ELECTRICITY DISTRIBUTIONCONCESSION CONTRACT NO. 002/1997-DNAEE** — Northern Area, signed on July 10, 1997, inaccordance with the conditions and clauses below:

 

----

 

**CLAUSE ONE — OBJECT**

 

The object of this Amendment is to alter theprocedures of calculation of the annual tariff adjustments, with a view toneutrality of the Sector Charges of “Portion A” of the Concession Holder’sAnnual Revenue, in accordance with the changes made in the drafting of ClauseSeven of Electricity Distribution Concession Contract No. 002/1997-DNAEE —Northern Area specified in Clause Two of this Amendment.

 

**CLAUSE TWO — TARIFFS APPLICABLE FOR PROVISION OFTHE SERVICE**

 

**Clause Seven — Tariffs applicable for processionof the services**—of Electricity Distribution Concession Contract002/1997-DNAEE — Northern Area, signed on July 10, 1997, shall now have thefollowing drafting:

 

**“CLAUSE SEVEN — TARIFFSAPPLICABLE TO PROVISION OF THE SERVICE**

 

“Forthe provisions of the electricity distribution public service that is concededby this Contract, the CONCESSION HOLDER shall charge the tariffs homologated byANEEL.

 

**Sub-clause One**-

 

**Sub-clause Two**-

 

**Sub-clause Three**-                                    :

I- 

II- 

 

**Sub-clause Four**-

 

**Sub-clause Five**—For the purposes of tariff adjustment, the revenue of the CONCESSION HOLDERshall be divided into two portions:

 

PortionA: that portion of the revenue that corresponds to the following costs:

 

(i)Purchase of electricity as a function of the “Reference Market”, which includesthe amount of electricity arising from the Company’s own distributed generationundertakings;

 

(ii) Connection to and use of the electricitytransmission and distribution facilities; and

 

(iii)Sector Charges: Global Reversion Reserve — RGR; Fuel Consumption Account — CCC;Electricity Services Inspection Charge — TFSEE; Contribution to the NationalElectricity System Operator — ONS; Royalties for Use of Water Resources — CFURHfor the purpose of electricity generation, when applicable; System ServicesCharge — ESS;

 

----

 

EnergyDevelopment Account — CDE; Program to Encourage Alternative Electricity Sources— PROINFA; Research and Development — P&D; Energy Efficiency Program — PEE;Reserve Energy Charge — EER;

 

PortionB: 

 

**Sub-clause six**—The tariffs homologated on the “Prior Reference Date” shall be adjusted so asto recover the revenue of the CONCESSION HOLDER arising from application of theaverage Tariff Adjustment Index (IRT), defined as follows:

 
|        | **IRT =  ** | **VPA****1**** + VPB****0**** x (IVI ± X)** |   |
|-------------|------------------|------------------------------------------------------------|--------|
| **RA****0** |             |

 

**where:**

 

RA:                                        ;

 

Annualrevenue from wholesale supply:                             **;**

 

Annualrevenue from retail supply:                             **;**

 

Annualrevenue from use of the distribution systems:                              **;**

 

ReferenceMarket:                             **;**

 

Periodof reference:                               **;**

 

IVI:                               **;**

 

X:                               **;**

 

Electricitylosses in the Distribution System:                               **;**

 

Electricitybought:                                                      ;

 

----

 

VPA0: Value of “Portion A” considering the conditions in effect on the “PriorReference Date” and the “Reference Market”, calculated as follows:

 

(i)For the electricity bought: the amount of Electricity Bought valued at theaverage pass-through price that was considered in the adjustment or in theprevious adjustment;

 

(ii)For the connection to the transmission and/or distribution systems, the amountsconsidered in the previous adjustment or review, and, for the use of thetransmission and/or distribution systems, the amounts of power demandcontracted in the period of reference, valued at the respective tariffsconsidered in the adjustment or in the previous adjustment; and

 

(iii)For the other items of “Portion A”: amounts resulting from application of thetariff components corresponding to the respective items, in effect on the “PriorReference Date”, to the “Reference Market”.

 

VPB0: Value of “Portion B” considering the conditions in effect on the “PriorReference Date” and the “Reference Market” calculated as follows:

 

VPB0 = RA0 - VPA0

 

VPA1: 

 

(i)                                          ;

 

(ii)                                         ;

 

(iii)                                        ;and

 

(iv)

 

**Sub-clause Seven** -                                           **.**

 

**Sub-clauseeight** -                                           **.**

 

**Sub-clauseNine** -                                           **.**

 

**Sub-clauseTen** -                                           **.**

 

----

 

**Sub-clauseEleven**- 

 

**Sub-clauseTwelve** - 

 

**Sub-clauseThirteen** - 

 

**Sub-clauseFourteen** - 

 

**Sub-clauseFifteen** - 

 

**Sub-clauseSixteen** - 

 

**Sub-clauseSeventeen** - 

 

**Sub-clause Eighteen** — It shall be guaranteed to the CONCESSION HOLDER,in the processes of tariff review and adjustment, that the Sector Charges of “PortionA” shall be neutral in relation to such variation in the market as takes placefrom February 2010 corresponding to the following costs:

 

GlobalReversion Reserve — RGR; Fuel Consumption Account — CCC; Energy DevelopmentAccount — CDE; Program to Encourage Alternative Electricity Sources — PROINFA;System Services Charge — ESS; Reserve Energy Charge — EER; Electricity ServicesInspection Charge — TFSEE; contribution to the National Electricity SystemOperator — ONS; and Royalties for Use of Water Resources — CFURH, calculated on the basis of the monthlydifferences found between the amounts of each item invoiced in the period ofreference and the respective amounts considered in the previous tariffadjustment or review, duly remunerated on the basis of the same index used inthe calculation of the balance of the Account for Compensation of Variation inValues of “Portion A” Items — CVA.

 

**CLAUSE THREE — RATIFYING PROVISIONS**

 

All the other clauses and conditions of ElectricityDistribution Concession Contract No. 002/1997-DNAEE — Northern Area areratified, and those not expressly modified by this Amendment remain valid andunchanged.

 

**CLAUSE FOUR — GENERAL PROVISIONS**

 

The changes made in this amendment shall beimplemented as from the first tariff adjustment or review carried out in 2010,with effects as from February 2010, the effects of the discipline previously inforce being preserved in their entirety.

 

----

 

Being thus agreed, the parties have caused thisinstrument to be written in 4 (four) copies of equal content and form, and theyare signed by the representatives of ANEEL, and of the CONCESSION HOLDER,together with the witnesses identified below, for it to produce the due legaleffects.

 

 

Brasília,Federal District, April 13,2010.

 

 

**BY ANEEL:**

** **
| ** ** | ** **                                                   | ** ** |
|------------|--------------------------------------------------------------|------------|
| ** ** | **NELSON JOSÉ HÜBNER MOREIRA****Director-General** | ** ** |

 

 

**BY CEMIG DISTRIBUTION S.A.:**

 
| ** **                                             | ** ** | ** **                                                                        |
|--------------------------------------------------------|------------|-----------------------------------------------------------------------------------|
| **DJALMA BASTOS DE MORAIS****Chief Executive Officer** | ** ** | **FERNANO HENRIQUE SCHÜFFNER NETO****Chief Distribution and Sales  Officer** |

 

 

**BY THE CONTROLLING STOCKHOLDER:**

**COMPANHIA ENERGETICA DE MINASGERAIS** — **CEMIG:**

** **

** **
| ** **                                             | ** ** | ** **                                                                        |
|--------------------------------------------------------|------------|-----------------------------------------------------------------------------------|
| **DJALMA BASTOS DE MORAIS****Chief Executive Officer** | ** ** | **FERNANO HENRIQUE SCHÜFFNER NETO****Chief Distribution and Sales  Officer** |

 

**WITNESSES:**

 
| ** **                        | ** ** | ** **        |
|-----------------------------------|------------|-------------------|
| **Name: Gilberto Gomes  Lacerda** | ** ** | **Name:**[Stamp:] | **Jandir Amorim Nascimento** |
| **CPF: 609 892 386-87**           | ** ** | **CPF:**          | **057 353.601-59** |

 

----

 

**NATIONAL ELECTRICITY AGENCY —ANEEL**

 

 

**THIRD AMENDMENT**

 

**CONCESSION CONTRACT FOR PROVISION**

 

**OF PUBLIC ELECTRICITY**

 

**DISTRIBUTION SERVICE NO.003/1997-DNAEE**

 

 

**CEMIG DISTRIBUTION S.A.**

 

**SOUTHERN AREA**

 

----

 

**NATIONAL ELECTRICITY AGENCY — ANEEL**

 

**PROCESS NO. 48500.006111/2007-08**

 
| ** ** | **THIRD AMENDMENT TO ELECTRICITY DISTRIBUTION  CONCESSION CONTRACT NO. 003/1997-DNAEE — SOUTHERN AREA, SIGNED BETWEEN THE  NATION OF BRAZIL AND CEMIG DISTRIBUTION S.A.** |
|------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

 

**THE NATION OF BRAZIL,**hereinafter referred to as theConcession-Granting Power, in exercise of the function conferred upon it byArticle 21, Sub-item XXII, sub-item “b”, of the Federal Constitution, throughthe **NATIONAL ELECTRICITY AGENCY —ANEEL** as intermediary,in accordance with the provisions of Sub-item IV, Article 3 of Law 9427 ofDecember 26, 1996, a special-regime autonomous authority, with head office atSGAN, Quadra 603, Modulo “I”, Brasília, Federal District, registered in theCNPJ/MF under No. 02.270.669/0001-29, represented by its Director-General,NELSON JOSÉ HÜBNER MOREIRA, bearer of Identity Card CREA3.818/D-CREA/DF and CPF443.875.207-87, under Sub-item V, Article X, Appendix I — RegulationsStructure, approved by Decree 2335 of October 6, 1997, supported by Decree 4932of December 23, 2003, hereinafter referred to as **ANEEL,**and **CEMIGDISTRIBUTION S.A.**,with head office in the city of Belo Horizonte, Minas Gerais State, at AvenidaBarbacena 1200, Bairro Santo Agostinho, registered in the CNPJ/MF under No.06.981.180/0001-16, represented in accordance with its Bylaws by its ChiefExecutive Officer DJALMA BASTOS DE MORAIS, bearer of Identity Card RG number 1G911214 — Army Ministry and CPF/MF No. 006.633.526-49, and by its ChiefDistribution and Sales Officer FERNANDO HENRIQUE SCHÜFFNER NETO, bearer ofIdentity Card RG M 1.311.632-SSP/MG and CPF/MF No. 320.008.396-49, as holder ofan electricity distribution concession, hereinafter referred to as the **CONCESSION HOLDER**, with **COMPANHIAENERGETICA DE MINAS GERAIS** — **CEMIG**, hereinafter referred to as the **CONTROLLING SCHÜFFNERHOLDER,**as **CONSENTINGPARTY**, hereinrepresented by its Chief Executive Officer DJALMA BASTOS DE MORAIS, bearer ofIdentity Card RG 1G 911214 — Army Ministry and CPF/MF 006.633.526-49, and byits Chief Distribution and Sales Officer FERNANDO HENRIQUE SCHÜFFNER NETO,bearer of Identity Card RG M 1.311.632-SSP/MG and CPF/MF 320.008.396-49, bythis instrument and in the best form of law, decide to sign the **THIRD AMENDMENT TO ELECTRICITY DISTRIBUTIONCONCESSION CONTRACT NO. 003/1997-DNAEE** — Southern Area, signed on July 10, 1997, inaccordance with the conditions and clauses below:

 

----

 

**CLAUSE ONE — OBJECT**

 

The object of this Amendment is to alter theprocedures of calculation of the annual tariff adjustments, with a view toneutrality of the Sector Charges of “Portion A” of the Concession Holder’sAnnual Revenue, in accordance with the changes made in the drafting of ClauseSeven of Electricity Distribution Concession Contract No. 003/1997-DNAEE —Southern Area specified in Clause Two of this Amendment.

 

**CLAUSE TWO — TARIFFS APPLICABLE FOR PROVISION OFTHE SERVICE**

 

**Clause Seven — Tariffs applicable for processionof the services**—of Electricity Distribution Concession Contract003/1997-DNAEE — Southern Area, signed on July 10, 1997, shall now have thefollowing drafting:

 

**“CLAUSE SEVEN — TARIFFSAPPLICABLE TO PROVISION OF THE SERVICE**

 

“Forthe provisions of the electricity distribution public service that is concededby this Contract, the CONCESSION HOLDER shall charge the tariffs homologated byANEEL.

 

**Sub-clause One**-

 

**Sub-clause Two**-

 

**Sub-clause Three**-                             :

I- 

II- 

 

**Sub-clause Four**-

 

**Sub-clause Five**—For the purposes of tariff adjustment, the revenue of the CONCESSION HOLDERshall be divided into two portions:

 

PortionA: that portion of the revenue that corresponds to the following costs:

 

(i)Purchase of electricity as a function of the “Reference Market”, which includesthe amount of electricity arising from the Company’s own distributed generationundertakings;

 

(ii) Connection to and use of the electricitytransmission and distribution facilities; and

 

(iii)Sector Charges: Global Reversion Reserve — RGR; Fuel Consumption Account — CCC;Electricity Services Inspection Charge — TFSEE; Contribution to the NationalElectricity System Operator — ONS; Royalties for Use of Water Resources — CFURHfor the purpose of electricity generation, when applicable; System ServicesCharge — ESS; Energy Development Account — CDE; Program to EncourageAlternative Electricity

 

----

 

Sources— PROINFA; Research and Development — P&D; Energy Efficiency Program — PEE;Reserve Energy Charge — EER;

 

PortionB: 

 

**Sub-clause six**—The tariffs homologated on the “Prior Reference Date” shall be adjusted so asto recover the revenue of the CONCESSION HOLDER arising from application of theaverage Tariff Adjustment Index (IRT), defined as follows:

 
|        | **IRT =  ** | **VPA****1**** + VPB****0**** x (IVI ± X)** |   |
|-------------|------------------|------------------------------------------------------------|--------|
| **RA****0** |             |

 

**where:**

 

RA:                                     ;

 

Annualrevenue from wholesale supply:                              **;**

 

Annualrevenue from retail supply:                              **;**

 

Annualrevenue from use of the distribution systems:                              **;**

 

ReferenceMarket:                              **;**

 

Periodof reference:                              **;**

 

IVI:                             **;**

 

X:                             **;**

 

Electricitylosses in the Distribution System:                              **;**

 

Electricitybought:                                                   ;

 

----

 

VPA0: Value of “Portion A” considering the conditions in effect on the “PriorReference Date” and the “Reference Market”, calculated as follows:

 

(i)For the electricity bought: the amount of Electricity Bought valued at theaverage pass-through price that was considered in the adjustment or in theprevious adjustment;

 

(ii)For the connection to the transmission and/or distribution systems, the amountsconsidered in the previous adjustment or review, and, for the use of thetransmission and/or distribution systems, the amounts of power demandcontracted in the period of reference, valued at the respective tariffsconsidered in the adjustment or in the previous adjustment; and

 

(iii)For the other items of “Portion A”: amounts resulting from application of thetariff components corresponding to the respective items, in effect on the “PriorReference Date”, to the “Reference Market”.

 

VPB0: Value of “Portion B” considering the conditions in effect on the “PriorReference Date” and the “Reference Market” calculated as follows:

 

VPB0 = RA0 - VPA0

 

VPA1: 

 

(i)                                         ;

 

(ii)                                         ;

 

(iii)                                        ;and

 

(iv)

 

**Sub-clause Seven** -                                           **.**

 

**Sub-clauseeight** -                                           **.**

 

**Sub-clauseNine** -                                           **.**

 

**Sub-clauseTen** -                                           **.**

 

----

 

**Sub-clauseEleven**- 

 

**Sub-clauseTwelve** - 

 

**Sub-clauseThirteen** - 

 

**Sub-clauseFourteen** - 

 

**Sub-clauseFifteen** - 

 

**Sub-clauseSixteen** - 

 

**Sub-clauseSeventeen** - 

 

**Sub-clause Eighteen** — It shall be guaranteed to the CONCESSION HOLDER,in the processes of tariff review and adjustment, that the Sector Charges of “PortionA” shall be neutral in relation to such variation in the market as takes placefrom February 2010 corresponding to the following costs:

 

GlobalReversion Reserve — RGR; Fuel Consumption Account — CCC; Energy DevelopmentAccount — CDE; Program to Encourage Alternative Electricity Sources — PROINFA;System Services Charge — ESS; Reserve Energy Charge — EER; Electricity ServicesInspection Charge — TFSEE; contribution to the National Electricity SystemOperator — ONS; and Royalties for Use of Water Resources — CFURH, calculated on the basis of the monthlydifferences found between the amounts of each item invoiced in the period ofreference and the respective amounts considered in the previous tariffadjustment or review, duly remunerated on the basis of the same index used inthe calculation of the balance of the Account for Compensation of Variation inValues of “Portion A” Items — CVA.

 

**CLAUSE THREE — RATIFYING PROVISIONS**

 

All the other clauses and conditions of ElectricityDistribution Concession Contract No. 003/1997-DNAEE — Southern Area areratified, and those not expressly modified by this Amendment remain valid andunchanged.

 

**CLAUSE FOUR — GENERAL PROVISIONS**

 

The changes made in this amendment shall beimplemented as from the first tariff adjustment or review carried out in 2010,with effects as from February 2010, the effects of the discipline previously inforce being preserved in their entirety.

 

----

 

Being thus agreed, the parties have caused thisinstrument to be written in 4 (four) copies of equal content and form, and theyare signed by the representatives of ANEEL, and of the CONCESSION HOLDER,together with the witnesses identified below, for it to produce the due legaleffects.

 

 

Brasília,Federal District, April 13,2010.

 

 

**BY ANEEL:**

** **
| ** ** | ** **                                                   | ** ** |
|------------|--------------------------------------------------------------|------------|
| ** ** | **NELSON JOSÉ HÜBNER MOREIRA****Director-General** | ** ** |

 

 

**BY CEMIG DISTRIBUTION S.A.:**

 
| ** **                                             | ** ** | ** **                                                                        |
|--------------------------------------------------------|------------|-----------------------------------------------------------------------------------|
| **DJALMA BASTOS DE MORAIS****Chief Executive Officer** | ** ** | **FERNANO HENRIQUE SCHÜFFNER NETO****Chief Distribution and Sales  Officer** |

 

 

**BY THE CONTROLLING STOCKHOLDER:**

**COMPANHIA ENERGETICA DE MINASGERAIS** — **CEMIG:**

** **

** **
| ** **                                             | ** ** | ** **                                                                        |
|--------------------------------------------------------|------------|-----------------------------------------------------------------------------------|
| **DJALMA BASTOS DE MORAIS****Chief Executive Officer** | ** ** | **FERNANO HENRIQUE SCHÜFFNER NETO****Chief Distribution and Sales  Officer** |

 

**WITNESSES:**

 
| ** **                        | ** ** | ** **        |
|-----------------------------------|------------|-------------------|
| **Name: Gilberto Gomes  Lacerda** | ** ** | **Name:**[Stamp:] | **Jandir Amorim Nascimento** |
| **CPF: 609 892 386-87**           | ** ** | **CPF:**          | **057 353.601-59** |

 

----

 

**NATIONAL ELECTRICITY AGENCY —ANEEL**

 

 

**THIRD AMENDMENT**

 

**CONCESSION CONTRACT FOR PROVISION**

 

**OF PUBLIC ELECTRICITY**

 

**DISTRIBUTION SERVICE NO.004/1997-DNAEE**

 

 

**CEMIG DISTRIBUTION S.A.**

 

**EASTERN AREA**

 

----

 

**NATIONAL ELECTRICITY AGENCY — ANEEL**

 

**PROCESS NO. 48500.006111/2007-08**

 

**THIRDAMENDMENT TO ELECTRICITY DISTRIBUTION CONCESSION CONTRACT NO. 004/1997-DNAEE —EASTERN AREA, SIGNED BETWEEN THE NATION OF BRAZIL AND CEMIG DISTRIBUTION S.A.**

 

**THE NATION OF BRAZIL,**hereinafter referred to as theConcession-Granting Power, in exercise of the function conferred upon it by Article 21,Sub-item XXII, sub-item “b”, of the Federal Constitution, through the **NATIONAL ELECTRICITY AGENCY — ANEEL** as intermediary, in accordance with theprovisions of Sub-item IV, Article 3 of Law 9427 of December 26,1996, a special-regime autonomous authority, with head office at SGAN, Quadra603, Modulo “I”, Brasília, Federal District, registered in the CNPJ/MF under No. 02.270.669/0001-29,represented by its Director-General, NELSON JOSÉ HÜBNER MOREIRA, bearer ofIdentity Card CREA3.818/D-CREA/DF and CPF 443.875.207-87, under Sub-item V, Article X,Appendix I — Regulations Structure, approved by Decree 2335 of October 6,1997, supported by Decree 4932 of December 23, 2003, hereinafter referredto as **ANEEL,**and **CEMIGDISTRIBUTION S.A.**,with head office in the city of Belo Horizonte, Minas Gerais State, at AvenidaBarbacena 1200, Bairro Santo Agostinho, registered in the CNPJ/MF under No. 06.981.180/0001-16,represented in accordance with its Bylaws by its Chief Executive Officer DJALMABASTOS DE MORAIS, bearer of Identity Card RG number 1G 911214 — Army Ministryand CPF/MF No. 006.633.526-49, and by its Chief Distribution and SalesOfficer FERNANDO HENRIQUE SCHÜFFNER NETO, bearer of Identity Card RG M 1.311.632-SSP/MGand CPF/MF No. 320.008.396-49, as holder of an electricity distributionconcession, hereinafter referred to as the **CONCESSIONHOLDER**, with **COMPANHIA ENERGETICA DE MINAS GERAIS** — **CEMIG**, hereinafter referred to as the **CONTROLLING SCHÜFFNERHOLDER,**as **CONSENTINGPARTY**, hereinrepresented by its Chief Executive Officer DJALMA BASTOS DE MORAIS, bearer ofIdentity Card RG 1G 911214 — Army Ministry and CPF/MF 006.633.526-49, and byits Chief Distribution and Sales Officer FERNANDO HENRIQUE SCHÜFFNER NETO,bearer of Identity Card RG M 1.311.632-SSP/MG and CPF/MF 320.008.396-49, bythis instrument and in the best form of law, decide to sign the **THIRD AMENDMENT TO ELECTRICITY DISTRIBUTIONCONCESSION CONTRACT NO. 004/1997-DNAEE** — Eastern Area, signed on July 10, 1997, inaccordance with the conditions and clauses below:

 

----

 

**CLAUSE ONE — OBJECT**

 

The object of this Amendment is to alter theprocedures of calculation of the annual tariff adjustments, with a view toneutrality of the Sector Charges of “Portion A” of the Concession Holder’sAnnual Revenue, in accordance with the changes made in the drafting of ClauseSeven of Electricity Distribution Concession Contract No. 004/1997-DNAEE —Eastern Area specified in Clause Two of this Amendment.

 

**CLAUSE TWO — TARIFFS APPLICABLE FOR PROVISION OFTHE SERVICE**

 

**Clause Seven — Tariffs applicable for processionof the services**—of Electricity Distribution Concession Contract004/1997-DNAEE — Eastern Area, signed on June 18, 1997, shall now have thefollowing drafting:

 

**“CLAUSE SEVEN — TARIFFSAPPLICABLE TO PROVISION OF THE SERVICE**

 

“Forthe provisions of the electricity distribution public service that is concededby this Contract, the CONCESSION HOLDER shall charge the tariffs homologated byANEEL.

 

**Sub-clause One**-

 

**Sub-clause Two**-

 

**Sub-clause Three**-                                       :

I- 

II- 

 

**Sub-clause Four**-

 

**Sub-clause Five**—For the purposes of tariff adjustment, the revenue of the CONCESSION HOLDERshall be divided into two portions:

 

PortionA: that portion of the revenue that corresponds to the following costs:

 

(i) Purchaseof electricity as a function of the “Reference Market”, which includes theamount of electricity arising from the Company’s own distributed generationundertakings;

 

(ii) Connection to and use of the electricitytransmission and distribution facilities; and

 

(iii) SectorCharges: Global Reversion Reserve — RGR; Fuel Consumption Account — CCC;Electricity Services Inspection Charge — TFSEE; Contribution to the NationalElectricity System Operator — ONS; Royalties for Use of Water Resources — CFURHfor the purpose of electricity generation, when applicable; System ServicesCharge — ESS;

 

----

 

EnergyDevelopment Account — CDE; Program to Encourage Alternative Electricity Sources— PROINFA; Research and Development — P&D; Energy Efficiency Program — PEE;Reserve Energy Charge — EER;

 

PortionB: 

 

**Sub-clause six**—The tariffs homologated on the “Prior Reference Date” shall be adjusted so asto recover the revenue of the CONCESSION HOLDER arising from application of theaverage Tariff Adjustment Index (IRT), defined as follows:

 
| **IRT = **          | ** VPA****1**** + VPB****0**** x (IVI ±  X)**

  |   |
|-------------------------------|---------------------------------------------------------------------------|--------|
| ** **

** RA****0** |                                                                      |

 

**where:**

 

RA:                                            ;

 

Annualrevenue from wholesale supply:                           **;**

 

Annualrevenue from retail supply:                           **;**

 

Annualrevenue from use of the distribution systems:                          **;**

 

ReferenceMarket:                           **;**

 

Periodof reference:                           **;**

 

IVI:                           **;**

 

X:                           **;**

 

Electricitylosses in the Distribution System:                           **;**

 

Electricitybought:                                                   ;

 

----

 

VPA0: Value of “Portion A” considering the conditions in effect on the “PriorReference Date” and the “Reference Market”, calculated as follows:

 

(i) Forthe electricity bought: the amount of Electricity Bought valued at the averagepass-through price that was considered in the adjustment or in the previousadjustment;

 

(ii) Forthe connection to the transmission and/or distribution systems, the amountsconsidered in the previous adjustment or review, and, for the use of thetransmission and/or distribution systems, the amounts of power demand contractedin the period of reference, valued at the respective tariffs considered in theadjustment or in the previous adjustment; and

 

(iii) Forthe other items of “Portion A”: amounts resulting from application of thetariff components corresponding to the respective items, in effect on the “PriorReference Date”, to the “Reference Market”.

 

VPB0: Value of “Portion B” considering the conditions in effect on the “PriorReference Date” and the “Reference Market” calculated as follows:

 

VPB0 = RA0 - VPA0

 

VPA1: 

 

(i)                                     ;

 

(ii)                                     ;

 

(iii)                                     ;and

 

(iv) 

 

**Sub-clause Seven** -                                      **.**

 

**Sub-clauseeight** -                                      **.**

 

**Sub-clauseNine** -                                      **.**

 

**Sub-clauseTen** -                                      **.**

 

----

 

**Sub-clauseEleven**- 

 

**Sub-clauseTwelve** - 

 

**Sub-clauseThirteen** - 

 

**Sub-clauseFourteen** - 

 

**Sub-clauseFifteen** - 

 

**Sub-clauseSixteen** - 

 

**Sub-clauseSeventeen** - 

 

**Sub-clause Eighteen** — It shall be guaranteed to the CONCESSION HOLDER,in the processes of tariff review and adjustment, that the Sector Charges of “PortionA” shall be neutral in relation to such variation in the market as takes placefrom February 2010 corresponding to the following costs:

 

GlobalReversion Reserve — RGR; Fuel Consumption Account — CCC; Energy DevelopmentAccount — CDE; Program to Encourage Alternative Electricity Sources — PROINFA;System Services Charge — ESS; Reserve Energy Charge — EER; Electricity ServicesInspection Charge — TFSEE; contribution to the National Electricity SystemOperator — ONS; and Royalties for Use of Water Resources — CFURH, calculated on the basis of the monthlydifferences found between the amounts of each item invoiced in the period ofreference and the respective amounts considered in the previous tariffadjustment or review, duly remunerated on the basis of the same index used inthe calculation of the balance of the Account for Compensation of Variation inValues of “Portion A” Items — CVA.

 

**CLAUSE THREE — RATIFYING PROVISIONS**

 

All the other clauses and conditions of ElectricityDistribution Concession Contract No. 004/1997-DNAEE — Eastern Area areratified, and those not expressly modified by this Amendment remain valid andunchanged.

 

**CLAUSE FOUR — GENERAL PROVISIONS**

 

The changes made in this amendment shall beimplemented as from the first tariff adjustment or review carried out in 2010,with effects as from February 2010, the effects of the disciplinepreviously in force being preserved in their entirety.

 

----

 

Being thus agreed, the parties have caused thisinstrument to be written in 4 (four) copies of equal content and form, and theyare signed by the representatives of ANEEL, and of the CONCESSION HOLDER,together with the witnesses identified below, for it to produce the due legaleffects.

 

Brasília,Federal District, April 13,2010.

 

**BY ANEEL:**

** **
| ** ** | ** **                                                 | ** ** |
|------------|------------------------------------------------------------|------------|
| ** ** | **NELSON JOSÉ HÜBNER MOREIRA  Director-General** | ** ** |

 

**BY CEMIG DISTRIBUTION S.A.:**

** **
| ** ** | ** **                                             | ** ** | ** **                                                                        |
|------------|--------------------------------------------------------|------------|-----------------------------------------------------------------------------------|
| ** ** | **DJALMA BASTOS DE MORAIS****Chief Executive Officer** | ** ** | **FERNANO HENRIQUE SCHÜFFNER NETO****Chief Distribution and Sales  Officer** |

 

**BY THE CONTROLLING STOCKHOLDER:**

**COMPANHIA ENERGETICA DE MINASGERAIS** — **CEMIG:**

** **
| ** ** | ** **                                             | ** ** | ** **                                                                        |
|------------|--------------------------------------------------------|------------|-----------------------------------------------------------------------------------|
| ** ** | **DJALMA BASTOS DE MORAIS****Chief Executive Officer** | ** ** | **FERNANO HENRIQUE SCHÜFFNER NETO****Chief Distribution and Sales  Officer** |

 

**WITNESSES:**

** **
| ** **                                            | ** ** | ** **                                                                                                                                                                |
|-------------------------------------------------------|------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **Name: Gilberto Gomes Lacerda  CPF: 609 892 386-87** | ** ** | **Name:**[Stamp:]**Jandir Amorim Nascimento  CPF:                   057 353.601-59** |

 

----

 

**NATIONAL ELECTRICITY AGENCY —ANEEL**

 

 

**THIRD AMENDMENT**

 

**CONCESSION CONTRACT FOR PROVISION**

 

**OF PUBLIC ELECTRICITY**

 

**DISTRIBUTION SERVICE NO.005/1997-DNAEE**

 

 

**CEMIG DISTRIBUTION S.A.**

 

**WESTERN AREA**

 

----

 

**NATIONAL ELECTRICITY AGENCY — ANEEL**

 

**PROCESS NO. 48500.006111/2007-08**

 

**THIRDAMENDMENT TO ELECTRICITY DISTRIBUTION CONCESSION CONTRACT NO. 005/1997-DNAEE —WESTERN AREA, SIGNED BETWEEN THE NATION OF BRAZIL AND CEMIG DISTRIBUTION S.A.**

 

**THE NATION OF BRAZIL,**hereinafter referred to as theConcession-Granting Power, in exercise of the function conferred upon it by Article 21,Sub-item XXII, sub-item “b”, of the Federal Constitution, through the **NATIONAL ELECTRICITY AGENCY — ANEEL** as intermediary, in accordance with theprovisions of Sub-item IV, Article 3 of Law 9427 of December 26,1996, a special-regime autonomous authority, with head office at SGAN, Quadra603, Modulo “I”, Brasília, Federal District, registered in the CNPJ/MF under No. 02.270.669/0001-29,represented by its Director-General, NELSON JOSÉ HÜBNER MOREIRA, bearer ofIdentity Card CREA3.818/D-CREA/DF and CPF 443.875.207-87, under Sub-item V, Article X,Appendix I — Regulations Structure, approved by Decree 2335 of October 6,1997, supported by Decree 4932 of December 23, 2003, hereinafter referredto as **ANEEL,**and **CEMIGDISTRIBUTION S.A.**,with head office in the city of Belo Horizonte, Minas Gerais State, at AvenidaBarbacena 1200, Bairro Santo Agostinho, registered in the CNPJ/MF under No. 06.981.180/0001-16,represented in accordance with its Bylaws by its Chief Executive Officer DJALMABASTOS DE MORAIS, bearer of Identity Card RG number 1G 911214 — Army Ministryand CPF/MF No. 006.633.526-49, and by its Chief Distribution and SalesOfficer FERNANDO HENRIQUE SCHÜFFNER NETO, bearer of Identity Card RG M 1.311.632-SSP/MGand CPF/MF No. 320.008.396-49, as holder of an electricity distributionconcession, hereinafter referred to as the **CONCESSIONHOLDER**, with **COMPANHIA ENERGETICA DE MINAS GERAIS** — **CEMIG**, hereinafter referred to as the **CONTROLLING SCHÜFFNERHOLDER,**as **CONSENTINGPARTY**, hereinrepresented by its Chief Executive Officer DJALMA BASTOS DE MORAIS, bearer ofIdentity Card RG 1G 911214 — Army Ministry and CPF/MF 006.633.526-49, and byits Chief Distribution and Sales Officer FERNANDO HENRIQUE SCHÜFFNER NETO,bearer of Identity Card RG M 1.311.632-SSP/MG and CPF/MF 320.008.396-49, bythis instrument and in the best form of law, decide to sign the **THIRD AMENDMENT TO ELECTRICITY DISTRIBUTIONCONCESSION CONTRACT NO. 005/1997-DNAEE** — Western Area, signed on July 10, 1997, inaccordance with the conditions and clauses below:

 

----

 

**CLAUSE ONE — OBJECT**

 

The object of this Amendment is to alter theprocedures of calculation of the annual tariff adjustments, with a view toneutrality of the Sector Charges of “Portion A” of the Concession Holder’sAnnual Revenue, in accordance with the changes made in the drafting of ClauseSeven of Electricity Distribution Concession Contract No. 005/1997-DNAEE —Western Area specified in Clause Two of this Amendment.

 

**CLAUSE TWO — TARIFFS APPLICABLE FOR PROVISION OFTHE SERVICE**

 

**Clause Seven — Tariffs applicable for processionof the services**—of Electricity Distribution Concession Contract005/1997-DNAEE — Western Area, signed on July 10, 1997, shall now have thefollowing drafting:

 

**“CLAUSE SEVEN — TARIFFSAPPLICABLE TO PROVISION OF THE SERVICE**

 

“Forthe provisions of the electricity distribution public service that is concededby this Contract, the CONCESSION HOLDER shall charge the tariffs homologated byANEEL.

 

**Sub-clause One**-

 

**Sub-clause Two**-

 

**Sub-clause Three**-                                     :

I- 

II- 

 

**Sub-clause Four**-

 

**Sub-clause Five**—For the purposes of tariff adjustment, the revenue of the CONCESSION HOLDERshall be divided into two portions:

 

PortionA: that portion of the revenue that corresponds to the following costs:

 

(i) Purchaseof electricity as a function of the “Reference Market”, which includes theamount of electricity arising from the Company’s own distributed generationundertakings;

 

(ii) Connection to and use of the electricitytransmission and distribution facilities; and

 

(iii) SectorCharges: Global Reversion Reserve — RGR; Fuel Consumption Account — CCC;Electricity Services Inspection Charge — TFSEE; Contribution to the NationalElectricity System Operator — ONS; Royalties for Use of Water Resources — CFURHfor the purpose of electricity generation, when applicable; System ServicesCharge — ESS;

 

----

 

EnergyDevelopment Account — CDE; Program to Encourage Alternative Electricity Sources— PROINFA; Research and Development — P&D; Energy Efficiency Program — PEE;Reserve Energy Charge — EER;

 

PortionB: 

 

**Sub-clause six**—The tariffs homologated on the “Prior Reference Date” shall be adjusted so asto recover the revenue of the CONCESSION HOLDER arising from application of theaverage Tariff Adjustment Index (IRT), defined as follows:

 
| **IRT = **          | ** VPA****1**** + VPB****0**** x (IVI ±  X)**

  |   |
|-------------------------------|---------------------------------------------------------------------------|--------|
| ** **

** RA****0** |                                                                      |

 

**where:**

 

RA:                                     ;

 

Annualrevenue from wholesale supply:                          **;**

 

Annualrevenue from retail supply:                          **;**

 

Annualrevenue from use of the distribution systems:                         **;**

 

ReferenceMarket:                          **;**

 

Periodof reference:                          **;**

 

IVI:                          **;**

 

X:                          **;**

 

Electricitylosses in the Distribution System:                          **;**

 

Electricitybought:                                      ;

 

----

 

VPA0: Value of “Portion A” considering the conditions in effect on the “PriorReference Date” and the “Reference Market”, calculated as follows:

 

(i) Forthe electricity bought: the amount of Electricity Bought valued at the averagepass-through price that was considered in the adjustment or in the previousadjustment;

 

(ii) Forthe connection to the transmission and/or distribution systems, the amountsconsidered in the previous adjustment or review, and, for the use of thetransmission and/or distribution systems, the amounts of power demandcontracted in the period of reference, valued at the respective tariffsconsidered in the adjustment or in the previous adjustment; and

 

(iii) Forthe other items of “Portion A”: amounts resulting from application of thetariff components corresponding to the respective items, in effect on the “PriorReference Date”, to the “Reference Market”.

 

VPB0: Value of “Portion B” considering the conditions in effect on the “PriorReference Date” and the “Reference Market” calculated as follows:

 

VPB0 = RA0 - VPA0

 

VPA1: 

 

(i)                                        ;

 

(ii)                                       ;

 

(iii)                                       ;and

 

(iv) 

 

**Sub-clause Seven** -                                       **.**

 

**Sub-clauseeight** -                                       **.**

 

**Sub-clauseNine** -                                       **.**

 

**Sub-clauseTen** -                                       **.**

 

----

 

**Sub-clauseEleven**- 

 

**Sub-clauseTwelve** - 

 

**Sub-clauseThirteen** - 

 

**Sub-clauseFourteen** - 

 

**Sub-clauseFifteen** - 

 

**Sub-clauseSixteen** - 

 

**Sub-clauseSeventeen** - 

 

**Sub-clause Eighteen** — It shall be guaranteed to the CONCESSION HOLDER,in the processes of tariff review and adjustment, that the Sector Charges of “PortionA” shall be neutral in relation to such variation in the market as takes placefrom February 2010 corresponding to the following costs:

 

GlobalReversion Reserve — RGR; Fuel Consumption Account — CCC; Energy DevelopmentAccount — CDE; Program to Encourage Alternative Electricity Sources — PROINFA;System Services Charge — ESS; Reserve Energy Charge — EER; Electricity ServicesInspection Charge — TFSEE; contribution to the National Electricity SystemOperator — ONS; and Royalties for Use of Water Resources — CFURH, calculated on the basis of the monthlydifferences found between the amounts of each item invoiced in the period ofreference and the respective amounts considered in the previous tariffadjustment or review, duly remunerated on the basis of the same index used inthe calculation of the balance of the Account for Compensation of Variation inValues of “Portion A” Items — CVA.

 

**CLAUSE THREE — RATIFYING PROVISIONS**

 

All the other clauses and conditions of ElectricityDistribution Concession Contract No. 005/1997-DNAEE — Western Area areratified, and those not expressly modified by this Amendment remain valid andunchanged.

 

**CLAUSE FOUR — GENERAL PROVISIONS**

 

The changes made in this amendment shall beimplemented as from the first tariff adjustment or review carried out in 2010,with effects as from February 2010, the effects of the disciplinepreviously in force being preserved in their entirety.

 

----

 

Being thus agreed, the parties have caused thisinstrument to be written in 4 (four) copies of equal content and form, and theyare signed by the representatives of ANEEL, and of the CONCESSION HOLDER,together with the witnesses identified below, for it to produce the due legaleffects.

 

Brasília,Federal District, April 13,2010.

 

**BY ANEEL:**

** **
| ** ** | ** **                                                           | ** ** |
|------------|----------------------------------------------------------------------|------------|
| ** ** | **NELSON JOSÉ HÜBNER MOREIRA**

** Director-General** | ** ** |

 

**BY CEMIG DISTRIBUTION S.A.:**

** **
| ** ** | ** **                                                | ** ** | ** **                                                                          |
|------------|-----------------------------------------------------------|------------|-------------------------------------------------------------------------------------|
| ** ** | **DJALMA BASTOS DE MORAIS**

**Chief  Executive Officer** | ** ** | **FERNANO HENRIQUE SCHÜFFNER NETO**

**Chief  Distribution and Sales Officer** |

 

**BY THE CONTROLLING STOCKHOLDER:**

**COMPANHIA ENERGETICA DE MINASGERAIS** — **CEMIG:**

** **
| ** ** | ** **                                                | ** ** | ** **                                                                          |
|------------|-----------------------------------------------------------|------------|-------------------------------------------------------------------------------------|
| ** ** | **DJALMA BASTOS DE MORAIS**

**Chief  Executive Officer** | ** ** | **FERNANO HENRIQUE SCHÜFFNER NETO**

**Chief  Distribution and Sales Officer** |

 

**WITNESSES:**

** **
| ** **                                                 | ** ** | ** **                                                                                                                                                                                |
|------------------------------------------------------------|------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **Name:  Gilberto Gomes Lacerda**

**CPF: 609 892 386-87** | ** ** | **Name:**[Stamp:]**  Jandir Amorim Nascimento**

**CPF:                   057 353.601-59** |

 

----