LIGHT S.A. Corporate Taxpayers ID (CNPJ/MF) 03.378.521/0001-75 Corporate Registry ID (NIRE) 33.300.263.

16-1 PUBLICLY-HELD COMPANY

EXTRACT OF THE MINUTES OF THE BOARD OF DIRECTORS MEETING OF LIGHT S.A., HELD ON JULY 27, 2007, DRAWN UP IN SUMMARY FORMAT, AS AUTHORIZED BY PARAGRAPH 1, ARTICLE 130 OF LAW 6,404/76. 1. Date, time and place: Held on July 27, 2007, at 3:00 pm, at Av. Marechal Floriano, 168, parte, 2 andar, Corredor A, Centro, in the city and State of Rio de Janeiro. 2. Attendance: Sitting members Aldo Floris, Djalma Bastos de Morais, Eduardo Borges de Andrade, Jos Luiz Silva, Raphael Hermeto de Almeida Magalhes, Srgio Landau and Wilson Nlio Brumer, Chairman of the meeting, as well as acting deputy board members Almir Jos dos Santos, Ana Marta Horta Veloso, Bruno Constantino Alexandre dos Santos and Celso Fernandez Quintella. Deputy board members Alfredo Salomo Neto, Carmen Lcia Claussen Kanter, Joo Batista Zolini, Lauro Alberto De Luca, Paulo Roberto Reckziegel Guedes and Ruy Flaks Schneider also attended the meeting without voting. Attorney Patricia Veiga Borges was invited to be the secretary. Officers Jos Luiz Alqures and Ronnie Vaz Moreira also attended the meeting. 3. Agenda Resolutions: 3.1. Capital Stock Increase The Board of Directors, after the presentation given by Officer Ronnie Vaz Moreira, pursuant to the provision in Paragraph 2 and in caput of Article 5 of the Bylaws, which regulated the conditions and the authorized capital limit of the Company, approved the Companys capital stock increase in the amount of seventy-six thousand, three hundred and fifteen thousand reais and thirty-nine centavos (R$76,315.39), resulting from the exercise of rights inherent to Subscription Bonuses occurred between June 23, 2007 and July 27, 2007. The increase is made by the issue of six million, five hundred and ninety-eight thousand, five hundred and fifty (6,598,550) non-par, registered, common shares. In view of the increase resolved, the Companys capital stock increases to two billion, one hundred and thirty-six million, nine hundred and seventy-nine thousand, six hundred and ninety-nine reais and thirty-eight centavos (R$2,136,979,699.38) represented by one hundred and ninety-six billion, two hundred and fifty-eight million, eight hundred and nineteen thousand, one hundred and eighty-two (196,258,819,182) non-par, registered, common shares. The shares issued as a result of the exercise of rights inherent to the Subscription Bonuses, occurred between June 23, 2007 and July 27, 2007, will fully participate in an occasional distribution of dividends and interest on own capital, which may approved by the Company, corresponding to the Fiscal Year of 2007, year when the shares were

subscribed. 3.2. Call to the Companys Extraordinary General Meeting The Board of Directors approved the call to the Companys Extraordinary General Meeting to amend the wording of Article 5 of the Bylaws to reflect the Companys capital stock increase pursuant to item 3.1 above. 3.3. Contracting of Independent Auditors The Board of Directors approved, by unanimous vote, the Executive Boards proposal to contract Deloitte Touche Tohmatsu Auditores Independentes to carry out the external audit services of the Companys financial and accounting statements of 2007. 3.4. Change in Denomination of the General Legal Superintendence. The Board of Directors approved, by unanimous vote, the Executive Boards proposal to change the denomination of the General Legal Superintendence to Legal Executive Board, maintaining their current attributions.

This is a free English translation of the minutes of the Board of Directors Meeting of Light S.A., held on the date hereof. Rio de Janeiro, July 27, 2007. Secretary: Patricia Veiga Borges.