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Corporate Profile
CPFL Energia is a holding company that, through its subsidiaries,           After the (IPO) in September 2004, CPFL Energia became the first
distributes, commercializes and generates energy in Brazil,                 private Brazilian company to simultaneously trade on the São Paulo
standing as the largest private group in the Brazilian electric             Stock Exchange (Bovespa Novo Mercado) and on the NYSE as Level
sector. Its subsidiaries are widely recognized for its excellence and       III ADR, both requiring the highest levels of Corporate Governance
the sustainability of their business practices and are regarded as          practices.
benchmarks in management, quality and operating efficiency.



Corporate Structure

                                                                                                                               Free Float
                      25.7%                      31.1%                                    12.7%                                  30.5%




                                                                        .


              .                                                                                                          .

                                                                                                                         .
              .

                                                          .
              .


              .                                                                                            90.15%

              .                                                                                                          59.93% Paulista Lageado
                                                                                                                                Energia S/A

                                                                                                                                   5.91%    Investco




1
    Includes Camargo Correa S.A. stake
Service Territory




                                                                                                                                                            2

                                                                                                                                                             3




                                                                                                          1




                                                                                                          4



                              CPFL Geração

                              HPP Luis Eduardo Magalhães

                              CPFL Bio. Formosa
                                                                                                                                 5
                                                                                                               5
                              EPASA
                                                                                                                   11

                              HPP Serra da Mesa

                              SP (26 SPPs e 1 TPP)
                              MG (3 SPPs)
                                                                                          6        7
                                                                                   9
                              HPP Foz de Chapecó                                                   8
                                                                                              10

                              HPP Campos Novos
                              HPP Barra Grande
                         9    CPFL Sul
                               SPPs

                         10   Ceran Complex
                              HPP Monte Claro
                              HPP Castro Alves
                              HPP 14 de Julho

                         11   Baldin TPP




Dividends                                            Dividends and Dividend Yield
                                                         Declared Dividend¹                            Dividend Yield²
CPFL Energia has announced an intermediate               (R$ million)                                  (last 12 months)
dividend distribution, for 1H09, in the amount
of R$ 572 million, equivalent to R$ 1.191201324
                                                                                                           9.6%         10.9%   9.7%
per share and corresponding to 100% of net                                     9.1%           8.7%
                                                                   6.5%                                                                 7.6%        7.3%         7.6%
income for the period.                                    3.7%                                                          842
                                                                                                              722               719
                                                                                              612                                        602        606          572
                                                                               498
                                                                    401
The 1H09 dividend yield, calculated on the
                                                           140
average share price in the period (R$ 31.55)
is 7.6% (last 12 months). The shares were
                                                         2H04      1H05       2H05        1H06            2H06          1H07    2H07    1H08       2H08          1H09
considered ex-dividends on August 18, 2009.
                                                         16.58     18.85       23.33      30.05            28.25        31.74   35.99   36.11      33.38         31.55
                                                         CPFL Price ($/ON) - Average

                                                     Since the IPO (2H04), CPFL Energia’s dividend yield has already reached 71.03%3
                                                     Payment in the next half year | 2Considering last two half-year’s dividends yield | 3IPO price per share: R$ 17.22
                                                     1
Fact Sheet 3Q09 | 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 Corporate Responsibility
      businesses.                                                                                                                         Differentiated Corporate Governance




Market
Total Energy Sales – GWh1
                                                                                                              Sales by Customer Class – 3Q092
                          2.9%
           11,666                       12,004

                                                                                                                                                                      24.8% Residential
           9,373                        9,354                                                                                                                         13.6% Commercial

                                                                 Captive Market
                                                                                                                                                                      23.8% Tusd
           2,293                         2,650                   Free Market                                                                                          23.9% Industrial
           3Q08                          3Q09                                                                                                                         14.0% Others

1
    Excluding transactions between group’s companies (consolidation accouting criteria), CCEE and generation sales (except to the free market) | 2 Captive Market



Financial Performance
       Reported                                               Recurring

        Net Revenue (R$ million)                                                       Ebitda (R$ million)                                                 Net Income (R$ million)
           13.2%                               15.9%
                                                       2,768                                                           4.5%                                                                5.6%
                    2,704                                                            -10.1%                                   778                            -15.8%
                                                                                                                                                                                                  363
2,389                                   2,389                                745                              745                                    344                            344
                                                                                                                                                                      290
                                                                                               670




3Q08                3Q09                3Q08           3Q09                 3Q08              3Q09           3Q08             3Q09                   3Q08             3Q09          3Q08          3Q09

       Note: Numbers already incorporate the impacts of Law 11,638/07 na PM 449/08


Adjusted Net Debt/EBITIDA3 (R$ billion)                                                                                       Debt breakdown - 3Q09

           Adjusted Net Debt                                      Net Debt /EBITDA
                                                                                                                               52.5% CDI
                                                                                                                                                                                     59.3% CDI
    6.28                                                                                6.50
                                                                   5.09     5.65
                   4.39                                4.42
                                 3.78     3.70                                                                                 30.9% TJLP                                            32.0% TJLP
                                                                                                     1.10: excluding
    4.92
                                                                                                     Foz do Chapecó
                   2.85          2.25                                                                   HPP debt
                                                                                        2.39
                                          1.74         1.57        1.53
                                                                            2.01                                               13.7% IGP                                             7.3% IGP
    2002       2003              2004     2005         2006        2007     2008        3T09                                   1.9% Dollar     *
                                                                                                                                                                                     1.4% Dollar*

                                                                                                                                                      3Q08                   3Q09

3
    Last 12 monts EBITDA.                                                                                                       *
                                                                                                                                    Hedge Natural.
Fact Sheet 3Q09 | CPFL Energia




Corporate Governance                                                                 Sustainability and
                                                                                     Corporate 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 30.5%                                                                               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
09/30/2009
                                            CPFE3 (R$)     CPL (US$)           Ownership breakdown
    Shares Price                                 31.94         54.01
    Maximum – 52 weeks                           37.00         57.32                                                    69.5% Controlling block
    Minimum – 52 weeks                           26.83         35.27
                                                                                                                        30.5% Free-float
    Market Cap                           R$ 15.3 billion
                                         US$ 8.6 billion

    Market Cap                             479,910,938
    Exchange Rate 2                        R$/US$ 1.78
1
    Without income adjustments | 2Dollar Ptax




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

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Fact Sheet 3Q09

  • 1. Corporate Profile CPFL Energia is a holding company that, through its subsidiaries, After the (IPO) in September 2004, CPFL Energia became the first distributes, commercializes and generates energy in Brazil, private Brazilian company to simultaneously trade on the São Paulo standing as the largest private group in the Brazilian electric Stock Exchange (Bovespa Novo Mercado) and on the NYSE as Level sector. Its subsidiaries are widely recognized for its excellence and III ADR, both requiring the highest levels of Corporate Governance the sustainability of their business practices and are regarded as practices. benchmarks in management, quality and operating efficiency. Corporate Structure Free Float 25.7% 31.1% 12.7% 30.5% . . . . . . . . 90.15% . 59.93% Paulista Lageado Energia S/A 5.91% Investco 1 Includes Camargo Correa S.A. stake
  • 2. Service Territory 2 3 1 4 CPFL Geração HPP Luis Eduardo Magalhães CPFL Bio. Formosa 5 5 EPASA 11 HPP Serra da Mesa SP (26 SPPs e 1 TPP) MG (3 SPPs) 6 7 9 HPP Foz de Chapecó 8 10 HPP Campos Novos HPP Barra Grande 9 CPFL Sul SPPs 10 Ceran Complex HPP Monte Claro HPP Castro Alves HPP 14 de Julho 11 Baldin TPP Dividends Dividends and Dividend Yield Declared Dividend¹ Dividend Yield² CPFL Energia has announced an intermediate (R$ million) (last 12 months) dividend distribution, for 1H09, in the amount of R$ 572 million, equivalent to R$ 1.191201324 9.6% 10.9% 9.7% per share and corresponding to 100% of net 9.1% 8.7% 6.5% 7.6% 7.3% 7.6% income for the period. 3.7% 842 722 719 612 602 606 572 498 401 The 1H09 dividend yield, calculated on the 140 average share price in the period (R$ 31.55) is 7.6% (last 12 months). The shares were 2H04 1H05 2H05 1H06 2H06 1H07 2H07 1H08 2H08 1H09 considered ex-dividends on August 18, 2009. 16.58 18.85 23.33 30.05 28.25 31.74 35.99 36.11 33.38 31.55 CPFL Price ($/ON) - Average Since the IPO (2H04), CPFL Energia’s dividend yield has already reached 71.03%3 Payment in the next half year | 2Considering last two half-year’s dividends yield | 3IPO price per share: R$ 17.22 1
  • 3. Fact Sheet 3Q09 | 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 Corporate Responsibility businesses. Differentiated Corporate Governance Market Total Energy Sales – GWh1 Sales by Customer Class – 3Q092 2.9% 11,666 12,004 24.8% Residential 9,373 9,354 13.6% Commercial Captive Market 23.8% Tusd 2,293 2,650 Free Market 23.9% Industrial 3Q08 3Q09 14.0% Others 1 Excluding transactions between group’s companies (consolidation accouting criteria), CCEE and generation sales (except to the free market) | 2 Captive Market Financial Performance Reported Recurring Net Revenue (R$ million) Ebitda (R$ million) Net Income (R$ million) 13.2% 15.9% 2,768 4.5% 5.6% 2,704 -10.1% 778 -15.8% 363 2,389 2,389 745 745 344 344 290 670 3Q08 3Q09 3Q08 3Q09 3Q08 3Q09 3Q08 3Q09 3Q08 3Q09 3Q08 3Q09 Note: Numbers already incorporate the impacts of Law 11,638/07 na PM 449/08 Adjusted Net Debt/EBITIDA3 (R$ billion) Debt breakdown - 3Q09 Adjusted Net Debt Net Debt /EBITDA 52.5% CDI 59.3% CDI 6.28 6.50 5.09 5.65 4.39 4.42 3.78 3.70 30.9% TJLP 32.0% TJLP 1.10: excluding 4.92 Foz do Chapecó 2.85 2.25 HPP debt 2.39 1.74 1.57 1.53 2.01 13.7% IGP 7.3% IGP 2002 2003 2004 2005 2006 2007 2008 3T09 1.9% Dollar * 1.4% Dollar* 3Q08 3Q09 3 Last 12 monts EBITDA. * Hedge Natural.
  • 4. Fact Sheet 3Q09 | CPFL Energia Corporate Governance Sustainability and Corporate 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 30.5% 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 09/30/2009 CPFE3 (R$) CPL (US$) Ownership breakdown Shares Price 31.94 54.01 Maximum – 52 weeks 37.00 57.32 69.5% Controlling block Minimum – 52 weeks 26.83 35.27 30.5% Free-float Market Cap R$ 15.3 billion US$ 8.6 billion Market Cap 479,910,938 Exchange Rate 2 R$/US$ 1.78 1 Without income adjustments | 2Dollar Ptax 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