LIGHT S.A. Corporate Taxpayer ID (CNPJ/MF): 03.378.521/0001-75 Company Registry (NIRE): 3.330.026.

316-1 PUBLICLY-HELD COMPANY

MINUTES OF THE BOARD OF DIRECTORS MEETING OF LIGHT S.A., HELD ON SEPTEMBER 3, 2010, DRAWN UP IN SUMMARY FORMAT IN ACCORDANCE WITH PARAGRAPH 1, ARTICLE 130, OF LAW 6,404/76.

1. Date, time and venue: September 3, 2010, at 2:30 p.m., at Av. Marechal Floriano n 168, parte, 2 andar, Corredor A, Centro, in the city and state of Rio de Janeiro. 2. Attendance: Srgio Alair Barroso, Chairman of the Meeting, Aldo Floris, Ana Marta Horta Veloso, Carlos Roberto Teixeira Junger, Djalma Bastos de Morais, Elvio Lima Gaspar, Joo Mrcio Lignani Siqueira, Luiz Carlos Costeira Urquiza and Carlos Alberto da Cruz, Board members. Alternate members Almir Jos dos Santos, Carmem Lcia Clausen Kanter, Fernando Henrique Schuffner, Lauro Alberto De Luca, Joaquim Dias de Castro, Paulo Roberto Reckziegel Guedes and Ricardo Simonsen also participated, but did not vote, as did the CEO Jerson Kelman and the officers Joo Batista Zolini Carneiro, Paulo Roberto Ribeiro Pinto and Jos Humberto Castro. The Fiscal Council member Aristteles Luiz Menezes also participated in the Meeting. Lawyer Carla Alexandra da Motta Pirahy acted as secretary. 3. Agenda and Resolutions: 3.1. Payment of dividends by LIGHT S.E.S.A. Following the presentation of the dividend payment proposal by the Executive Officers and the favorable opinion of the Finance Committee, the Board unanimously approved and advised the Executive Board and/or those members appointed by Light S.A. to the Board of Directors of Light S.E.S.A. to approve, as the case may be: (i) the call notice for an Extraordinary Shareholders Meeting of Light S.E.S.A. to resolve on the payment of interim dividends by Light S.E.S.A. in the amount of four hundred and three million, two thousand, six hundred and twenty-six reais and eighty centavos (R$403,002,626.80), eighty-nine million, five hundred and forty-one thousand, seven hundred and thirty-four reais and seventeen centavos (R$89,541,734.17) of which related to the first half of the current fiscal year and three hundred and thirteen million, four hundred and sixty thousand, eight hundred and ninety-two reais and sixty-three centavos (R$313,460,892.63) to the profit reserve recognized in the balance sheet of December 31, 2009. Of the total amount distributed, three hundred and sixty-three million, two thousand, six hundred and twenty-six reais and eighty centavos (R$363,002,626.80) will be used to pay dividends to the shareholders of Light S.A.; and

Minutes of the Board of Directors Meeting of Light S.A, held on September 3, 2010, at 2:30 p.m.

Minutes of the Board of Directors Meeting of Light S.A, held on September 3, 2010, at 2:30 p.m. (continued).

(ii) a favorable vote by Light S.A. on the approval of the dividend payments referred to in item (i) above at the Extraordinary Shareholders Meeting of Light S.E.S.A., to be duly called. 3.2. Distribution of dividends by Light S.A. {0>Following the presentation of the dividend payment proposal by the Executive Board and the favorable opinion by the Finance Committee, the Board unanimously approved the calling of an Extraordinary Shareholders' Meeting of Light S.A. to resolve on the payment of interim dividends in the amount of three hundred and sixty-three million, two thousand, six hundred and twenty-six reais and eighty centavos (R$363,002,626.80) to the shareholders of Light S.A., related to the profit reserve recognized in the balance sheet of December 31, 2009, representing one real and seventy-eight centavos (R$1.78) per share.<0}{0>Thus, shares will be traded ex-dividends as of September 24, 2010.<0}{0>These dividends will be available to shareholders as of October 1, 2010, without withholding income tax, in accordance with article 10 of Law 9249/95. 4. Closure: There being no further business to discuss, these minutes were drawn up, read, approved and signed by all present. Srgio Alair Barroso, Aldo Floris, Ana Marta Horta Veloso, Carlos Roberto Teixeira Junger, Djalma Bastos de Morais, Elvio Lima Gaspar, Fernando Henrique Schuffner, Joo Mrcio Lignani Siqueira, Luiz Carlos Costeira Urquiza, Carlos Alberto da Cruz, Almir Jos dos Santos, Carmem Lcia Clausen Kanter, Lauro Alberto De Luca, Joaquim Dias de Castro, Paulo Roberto Reckziegel Guedes and Ricardo Simonsen. This is a free translation of the original minutes of Light S.A.s Board of Directors Meeting held on the present date and drawn up in the companys records.

Carla Alexandra da Motta Pirahy Secretary