1. Corporate Profile
CPFL Energia is a holding company that, throught its subsidiaries, After the IPO in September 2004, CPFL Energia became the
distributes, commercializes and generates energy in Brazil, first Brazilian private company to simultaneously trade on
standing as the largest private group in the Brazilian electric the São Paulo Stock Exchange (Bovespa Novo Mercado) and
sector. Its subsidiaries are widely recognized for its excellence on the NYSE as Level III ADR, both requiring the highest
and sustainability of their business practices and regarded as levels of Corporate Governance practices.
benchmarks in management, quality and operating efficiency.
Corporate Structure
Free Float
1
28.6% 31.1% 12.7% 27.6%
100% 100% 100%
100% 100%
100%
65%
99.99%
99.95% 25.01%
100% 48.72%
100%
51%
100%
96.56% 100% 90.15%
59.93%
90.15% 89.81%
87.80%
89.75%
1
Including 0.2% from others

2. Service Territory
Declared Dividend (R$ millions) vs. CPFE3 Price (R$)
Dividends
Declared Dividend1 Average Price
CPFL Energia announced dividend based on the
35.99
second half-year of 2007 in the amount of R$ 719 30.05 31.74
28.25
million, which corresponds to R$ 1.49 per share 23.33
842
approximately. This dividend represent 95% of 16.58 18.85
722 719
CPFL net profit, a measure which surpasses the 612
498
current dividend policy which stipulates a pay- 401
out of not less than 50% of net income adjusted 140
half-yearly. The 2H07 dividend yield, calculated
from the average price of the period (R$ 35.99)
2H04 1H05 2H05 1H06 2H06 1H07 2H07
is 9.7%. The Shares were considered ex-dividend Dividend Yield
last 3.7% 6.5% 9.1% 8.7% 9.6% 10.9% 9.7%
on March 07, 2008 and dividends was effected (12 months2)
in April 30,2008.
Since the IPO (2H04), CPFL Energia’s dividend yield has already reached 49,7%3
1
Declared dividend: payment in the next half year | 2Half year daily closing price average | 3IPO’s price per
share: R$ 17.22

3. Fact Sheet 1Q08 | CPFL Energia
Value Creation Agenda Goals Strategies
Operational Efficiency
CPFL Energia’s success is supported by clearly defined Value Synergic Growth
business strategies and by management excellence Liquidity Financial Discipline
criteria directed to the sustained growth of its Security Sustainability and Social Responsibility
businesses. Differentiated Corporate Governance
Market
Total Energy Sales – GWh 1
Sales by Customer Class2 – 1Q08
8.5%
11,253
10,368
31.5% Residential
19.1% Commercial
8,552 9,168
6.9% Rural
Captive Market
1,817 2,085 Free Market 11.7% Others
1Q07 1Q08 30.9% Industrial
1
Excluding transactions between group’s companies (consolidation accounting criteria), CCEE and generation sales (except to the free market) | 2 Captive Market
Financial Performance
Net Revenue (R$ million) Ebitda (R$ million) Net Income (R$ million)
Exclude non-recurrring effect Exclude non-recurrring effect Exclude non-recurrring effect
15.4% 17.2% -25.7% 5.0% -42.3% 4.5%
2,484 2,524 3 869 473
4 829 5
2,153 2,153 790
381 6 398 7
646
273
1Q07 1Q08 1Q07 1Q08 1Q07 1Q08 1Q07 1Q08 1Q07 1Q08 1Q07 1Q08
3 4
Net Revenue disregarding 1Q08 Non-recurring effect: seasonnalization not approved by ANEEL | Ebitda disregarding 1Q07 Non-recurring effect: CPFL Paulista’s
2005-06 IRT recalculation | 5 Ebitda disregarding 1Q08 Non-recurring effect: seasonnalization not approved by ANEEL and energy purchased due to Castro Alves
HPP start-up’s delay | 6 Net Income disregarding 1Q07 Non-recurring effect: CPFL Paulista’s 2005-06 IRT recalculation + Semesa’s merger tax credit | 7 Net Income
disregarding 1Q08 Non-recurring effect: seasonnalization not approved by ANEEL and energy purchased due to Castro Alves HPP start-up’s delay
Adjusted Net Debt / EBITIDA8 (R$ million) Debt breakdown
Net Debt /EBITDA
Adjusted Net Debt 43.3% CDI
51.4% CDI
5.09 5.12
4.39 4.42
3.78 3.70
2.85 20.6% IGP 15.7% IGP
2.25
1.74 1.57 1.64
1.53
30.1% TJLP 29.0% TJLP
2003 2004 2005 2006 2007 1Q08
5.1% Dollar 3.2% Dollar
8
Last 12 monts EBITDA 1Q07 1Q08

4. Fact Sheet 1Q08 | CPFL Energia
Corporate Governance Sustainability and
Social Responsibility
CPFL Energia adopts differentiated practices of Corporate CPFL Energia believes that the pursuit of sustainability is a process
Governance, based on the principles of transparency, fair that demands the constant and innovative management of economic,
ness, accountability and corporate responsibility. environmental and social impacts together with the maintenance of
ethical and transparent relationships with all its stakeholders.
Shares are listed on Bovespa’s Novo Mercado and ADS’s The company has a management model structured on a diversity of
Level III on the New York Stock Exchange programs classified in the following groups:
100% of Common Shares with 100% of Tag Along
Free Float of 27.6% Environmental education for the communities
Subsidiary Companies’ Bylaws aligned to CPFL Energia Bylaws Environment Conservation of biodiversity
Financial Statements in compliance with US GAAP and BR Conscientious corporate consumption.
GAAP standards New Clean Development Mechanism
Report in consensus with Global Reporting Initia tive-GRI Technologies and Projects (MDL)
Board of Directors consists of seven members, one being
Community CPFL Program of Volunteerism
independent
Municipal Council Support Program for the
3 Board Advisory Committees to the Board of Directors Rights of Children and Adolescents (CMDCA)
Board of Directors and Fiscal Council self-evaluation The CPFL Program for the Revitalization of
Review of Ethics and Corporate Conduct based on recom Philanthropic Hospitals
mendations in the Sarbanes-Oxley Act
CPFL complies with section 404 of the Sarbanes-Oxley Act Internal Program of Reflection and Ethical Management
Personnel Respect for Diversity Program
Value Network
Value Chain
The Tear Program
Knowledge CPFL Culture
Management Communications for Sustainability
Shares’ Information1
03/31/2008
CPFE3 (R$) CPL (US$) Ownership breakdown
Shares Price 35.31 60.98
Maximum – 52 weeks 40.44 70.27 72.4% Controlling block
Minimum – 52 weeks 29.01 42.30
27.6% Free-float
Market Cap R$ 16.9 Billion
US$ 9.6 Billion
Market Cap 479,910,938
Exchange Rate R$/ US$ 1.7491
1
Without income adjustments
Investor Relations
CPFL Energia – Rodovia Campinas Mogi-Mirim, Km 2,5 | Zip Code 13088.900 | Campinas | SP
Phone: 55 19 3756-6083 | Fax.: 55 19 3756-6089 | www.cpfl .com.br/ir | ri@cpfl.com.br