Fact Sheet
                             2Q10

Corporate Profile
CPFL is a publicly listed holding company for subsidiaries                           are considered benchmarks of management, quality and
operating in the electricity distribution, generation and                            operational efficiency.
commercialization sectors and related value-added services. It                       After the (IPO) in September 2004, CPFL Energia became the
is Brazil’s largest privately owned electricity sector group. With                   first Brazilian private sector company to simultaneously trade
almost 100 years of history behind it and a strategy oriented                        on the São Paulo Stock Exchange (Bovespa Novo Mercado)
towards satisfying society’s expectations in Brazil, the Group is                    and on the NYSE as level III ADR, both requiring the highest
based on solid ethical foundations that reflect its commitment                       levels of Corporate Governance practices.
to excellence and to corporate sustainability. Its companies


Corporate Structure


                                                                                                                            Free Float
                   25.7%                      31.0%                                       12.6%                               30.7%




                                                 100%                                                100%
        100%
                                                                 100%                                             100%
        100%                                                                                                       65%
                                                               99.95%
                                                                                                                25.01%
        100%                                                     100%
                                                                                                                48.72%
                                                                 100%
        100%                                                                                                      100%
                                                                 100%                                             100%
                                                                           CPFL Bio Ipê                                  Parque Eólico Santa Clara3
        100%                                                     100%                                              51%
                                                                           CPFL Bio Buriti                               EPASA
                                                                                                                   51%
        100%                                                     100%                                                     Chapecoense Geração S.A.
                                                                           CPFL Bio Pedra
                                                                                                                         100%
                                                 100%
        100%                                                                                         100%
                                                 100%
                                                                                                                59.93%
        100%                                                                                                             Paulista Lajeado
                                                 100%                                                                          5.91% Investco


1Includes 0.1% of Camargo Corrêa S.A.’ stake
2Controlling shareholders
3Emcompasses 7 companies: Santa Clara I, II, III, IV, V, VI and Eurus VI
Note: as of June 30, 2010
Service Territory                                                                                                                       Fact Sheet 9M09 | CPFL Energia



Commercialization
and Services
Nationwide Coverage




                                                                                                                                                   8     9
                                                                                                                                                         10




                                                                                                        1
Generation
Location of Generating Plants

                                                                                                       2


 41 Hydroelectric Power Plants                                                                                                                      Distribution
 1 Luís Eduardo Magalhães HPP                                                                                                                       Service Territory
 2 Serra da Mesa HPP
                                                                                                                 7           7
  3 Foz do Chapecó HPP
 4 Campos Novos HPP                                                                                     7 9
 5 Barra Grande HPP
 6 Monte Claro HPP                                                                                          11
                               Ceran
   Castro Alves HPP            Complex
   14 de julho HPP
                                                                                       3 4
 7 33 Small Power Plants (SPPs)                                                         7   5
      26 SP, 3 MG and 4 RS                                                                6
 7 Wind Farms (4 SP and 1 RN)
 8 Santa Clara I, II, III, IV, V, VI and Eurus VI

 5 Sugar Cane Biomass- red Thermoelectric Power Plants
 9 Biomass TPPs
      4 SP and 1 RN

 3 Oil- red Thermoelectric Power Plants
 10 Termoparaíba HPP
                                  Epasa
    Termonordeste HPP
 11 Carioba HPP




Dividends                                                Dividends and Dividend Yield

CPFL Energia declared distribution of                      Declared Dividends1                   Dividend Yield2                       CPFL Price ($/ON) -
intermediary dividends referring to 1H10                  (R$ million)                           (last 12 months)                      Average
totaling R$ 774 million, equivalent to R$ 1.61
per share and representing 100% of the net                                   9.1%      8.7%     9.6%        10.9%    9.7%                                     7.9%      8.6%
                                                                    6.5%                                                         7.6%     7.3%    7.6%
profits for the period. The dividend yield for
                                                           3.7%                                              842
1H10, based on the average price of its shares                                                   722                 719                                      655
                                                                                                                                                                        774
                                                                                       612                                       602      606     572
over the period (R$ 36.41), was 8.6% (last 12                                 498
                                                                    401
months). As of August 19, 2010 CPFL Energia’s               140
shares were considered to be ex-dividend.
                                                          2H04      1H05     2H05     1H06      2H06        1H07     2H07    1H08        2H08     1H09        2H09      1H10
                                                                                                                     35.99       36.11                                  36.41
                                                                                                            31.74                         33.38   31.55 33.02
                                                                                      30.05     28.25
                                                                            23.33
                                                                   18.85
                                                         16.58




                                                         Since the IPO (SEP/04), CPFL Energia’s dividend yield has already reached 86.8%3.
                                                         1Payment in the next half year | 2Considering last two half-year’s dividends yield | 3IPO price per

                                                         share: R$17.22
Fact Sheet 2Q10 | CPFL Energia


Market
    Free Market                                         Captive Market                            Sales by Consumer Class – 2Q10
               Total Energy Sales - GWh

                           3.1%                                                                                                        24% Residential
                11,811               12,181
                                                                                                                                       14% Commercial
                2,548                    2,420
                                                                                                                                       25% TUSD1
                                                                                                                                       23% Industrial
                9,263                    9,761
                                                                                                                                       14% Other

                 2Q09                    2Q10

Note: excluding inter-group company sales (consolidation accounting criteria), CCEE and generation sales (except to the Free Market).
1Total   monthly TUSD (pro forma)




Financial Performance

    Reported


   Net Revenue (R$ million)                                                     EBITDA (R$ million)                              Net Income (R$ million)

                         -0.3%                                                            14.8%
                                                                                                                                              33.0%
                 2,648           2,640                                                            793                                                 384
                                                                                    691
                                                                                                                                        289




                 2Q09            2Q10                                              2Q09           2Q10                                 2Q09           2Q10




Adjusted Net Debt (R$ billion)                                                                                              Debt Breakdown 2Q10

    Adjusted Net Debt1                              Adjusted Net Debt/EBITDA2
                                                                                                                                               1% US$
                                                                                                                        6% IGP                 (Natural Hedge)

                                                                                 6.37      6.42
  6.28                                                                   5.65
                                                             5.09
              4.39                           4.42                                                           1.72:
                        3.78      3.70                                                                  excluding Foz
  4.92                                                                                                   do Chapecó
                                                                                                         HPP, EPASA
              2.85      2.25                                                                              and Baldin
                                                                                 2.30      2.13
                                  1.74                                   2.01                            TPPs’ debts
                                                 1.57        1.53
                                                                                                                                 31% TJLP              62 % CDI
  2002      2003      2004       2005        2006           2007     2008        2009     2Q10

1Excludes Judicial Deposits of R$ 465 million; includes hedging operations
2LTM EBITDA
Corporate Governance                                                                             Sustainability and 9M09 | CPFL Energia
                                                                                                                 Fact Sheet


Recognized as one of the companies with the most advanced corporate governance                   Corporate Responsibility
practices in Latin America, CPFL Energia is constantly improving its governance                  CPFL	Energia’s	sustainability	strategy	ensures	integrity,	transparency	and	credibility	in	
systems, based on the principles of transparency, equity, accountability and corporate           its relationships and is the result of a process of continuous evolution and learning.
responsibility. Distinguishing features include:
•	Corporate	governance	guidelines	applicable	to	CPFL	Energia	and	its	controlled	companies.
                                                                                                 News:
•	Code	of	Ethics	and	Corporate	Conduct;
•	Corporate	Risk	Management	Policy	and	Standard	Assessment	of	Internal	Controlling;              Pro-Climate Companies Seminar
•	Superior	Dividend	and	Securities	Trading		Policies;                                            In	August	2009,	CPFL	Energia	and	another	21	large	companies	became	signatories	of	
                                                                                                 an	Open	Letter	to	Brazil	about	Climate	Change,	a	document	through	which	the	private	
•	Annual	Report	in	consensus	with	Global	Reporting	Initiative	(GRI);
                                                                                                 sector voluntarily committed to efforts to reduce the impacts of climate change.
•	Board	of	Directors	with	seven	members,	one	being	independent;
                                                                                                 CPFL	Energia	hosted	a	seminar	entitled	Pro-Climate	Companies	and	Regulating	the	
•	Fiscal	Council	with	assignments	of	the	Audit	Committee	in	compliance	with	the	rules	of	        National	Climate	Change	Policy,	held	April	27,	2010.	The	goal	of	the	meeting	was	to	
  SOX;                                                                                           foster	a	multi-sector	debate	about	the	regulating	of	the	climate	change	law.
•	Three	Board	Advisory	Committees	to	the	Board	of	Directors	(Personnel	Management,	
  Related	Parties	and	Management	Procedures);	Annual	Self-Evaluation	of	the	members	of	
  Board	of	Directors	and	Fiscal	Council;                                                         2009 Annual Report
•	Board	of	Directors	members	certified	by	IBGC	–	Corporate	Governance	Brazilian	Institute;       CPFL	Energia	introduced	its	2009	Annual	Report	on	May	20,	2010	in	the	form	of	a	blog.	It	
•	Succession	plans	for	members	of	the	Executive	Board	and	all	CPFL	Group	key	executives;         was	the	first	Brazilian	company	to	use	the	blog	tool	for	accountability	to	the	market.
•	Internal	controls	certified	by	management	(CEO	and	CFO)	and	by	external	auditors;
•	Whistle-blowing	channel	for	receiving	complaints	and/or	allegations	concerning	financial	      18th International Seminar on the Search for Excellence
  information	or	breaches	of	the	Code	of	Ethics;                                                 CPFL	Energia	participated	in	the	18th	International	Seminar	on	the	Search	for	Excellence	
•	Financial	Statements	in	compliance	with	USGAAP	and	BRGAAP	standards;                           held	June	10,	2010,	organized	by	the	National	Quality	Foundation	(FNQ)	and	was	
•	Listing		on	the	market	segments	with	the	highest	level	of	governance	(	Novo	Mercado	-	         represented	by	its	president,	Wilson	Ferreira	Junior,	who	was	on	the	Ethics	and	Business	
  BMF&Bovespa		and	with	ADR	Level	III-NYSE);                                                     Leadership panel.
•	30.7%	free	float;
•	Manual	for	participation	in	general	shareholders’meetings;
                                                                                                 Access the portal and see details of all the programs:
•	Corporate	Governance	Portal.                                                                   www.cpfl.com.br/sustentabilidade




  Rating AA+




Shares’ Information1                                                                                 Share price performance – 2Q10
06/30/2010                                                                                              (adjusted per dividends)
                                                    CPFE3 (R$)         CPL (US$)
Share Price                                             39.41              66.95                                                        -0.6%             11.5%
                                                                                                                   -13.4%
Maximum 52 weeks                                        40.10              68.90
Minimum 52 weeks                                        30.20              46.20
                                                                                              Bovespa
                                                                                                                     IBOV                 IEE              CPFE3

Market Cap – R$ billion                                   19.0
Market Cap – US$ billion                                  10.5

                                                                                                                   -10.0%              -14.6%              9.9%
Shares Outstanding2                                481,137,130
Exchange rate3                                          1.8015                                   Nyse
                                                                                                                     DJIA               DJBr20              CPL
1Not adjusted per dividend
2As of June 30, 2010
3Dollar Ptax




Investor relations
CPFL Energia – Rodovia Campinas-Mogi Mirim, km 2,5 | ZIP CODE 13088-900 | Campinas | SP
Phone.: 55 3756-6083 | Fax.: 55 19 3756-6089 | www.cpfl.com.br/ir | ri@cpfl.com.br

Fact sheet inglês_2_q10

  • 1.
    Fact Sheet 2Q10 Corporate Profile CPFL is a publicly listed holding company for subsidiaries are considered benchmarks of management, quality and operating in the electricity distribution, generation and operational efficiency. commercialization sectors and related value-added services. It After the (IPO) in September 2004, CPFL Energia became the is Brazil’s largest privately owned electricity sector group. With first Brazilian private sector company to simultaneously trade almost 100 years of history behind it and a strategy oriented on the São Paulo Stock Exchange (Bovespa Novo Mercado) towards satisfying society’s expectations in Brazil, the Group is and on the NYSE as level III ADR, both requiring the highest based on solid ethical foundations that reflect its commitment levels of Corporate Governance practices. to excellence and to corporate sustainability. Its companies Corporate Structure Free Float 25.7% 31.0% 12.6% 30.7% 100% 100% 100% 100% 100% 100% 65% 99.95% 25.01% 100% 100% 48.72% 100% 100% 100% 100% 100% CPFL Bio Ipê Parque Eólico Santa Clara3 100% 100% 51% CPFL Bio Buriti EPASA 51% 100% 100% Chapecoense Geração S.A. CPFL Bio Pedra 100% 100% 100% 100% 100% 59.93% 100% Paulista Lajeado 100% 5.91% Investco 1Includes 0.1% of Camargo Corrêa S.A.’ stake 2Controlling shareholders 3Emcompasses 7 companies: Santa Clara I, II, III, IV, V, VI and Eurus VI Note: as of June 30, 2010
  • 2.
    Service Territory Fact Sheet 9M09 | CPFL Energia Commercialization and Services Nationwide Coverage 8 9 10 1 Generation Location of Generating Plants 2 41 Hydroelectric Power Plants Distribution 1 Luís Eduardo Magalhães HPP Service Territory 2 Serra da Mesa HPP 7 7 3 Foz do Chapecó HPP 4 Campos Novos HPP 7 9 5 Barra Grande HPP 6 Monte Claro HPP 11 Ceran Castro Alves HPP Complex 14 de julho HPP 3 4 7 33 Small Power Plants (SPPs) 7 5 26 SP, 3 MG and 4 RS 6 7 Wind Farms (4 SP and 1 RN) 8 Santa Clara I, II, III, IV, V, VI and Eurus VI 5 Sugar Cane Biomass- red Thermoelectric Power Plants 9 Biomass TPPs 4 SP and 1 RN 3 Oil- red Thermoelectric Power Plants 10 Termoparaíba HPP Epasa Termonordeste HPP 11 Carioba HPP Dividends Dividends and Dividend Yield CPFL Energia declared distribution of Declared Dividends1 Dividend Yield2 CPFL Price ($/ON) - intermediary dividends referring to 1H10 (R$ million) (last 12 months) Average totaling R$ 774 million, equivalent to R$ 1.61 per share and representing 100% of the net 9.1% 8.7% 9.6% 10.9% 9.7% 7.9% 8.6% 6.5% 7.6% 7.3% 7.6% profits for the period. The dividend yield for 3.7% 842 1H10, based on the average price of its shares 722 719 655 774 612 602 606 572 over the period (R$ 36.41), was 8.6% (last 12 498 401 months). As of August 19, 2010 CPFL Energia’s 140 shares were considered to be ex-dividend. 2H04 1H05 2H05 1H06 2H06 1H07 2H07 1H08 2H08 1H09 2H09 1H10 35.99 36.11 36.41 31.74 33.38 31.55 33.02 30.05 28.25 23.33 18.85 16.58 Since the IPO (SEP/04), CPFL Energia’s dividend yield has already reached 86.8%3. 1Payment in the next half year | 2Considering last two half-year’s dividends yield | 3IPO price per share: R$17.22
  • 3.
    Fact Sheet 2Q10| CPFL Energia Market Free Market Captive Market Sales by Consumer Class – 2Q10 Total Energy Sales - GWh 3.1% 24% Residential 11,811 12,181 14% Commercial 2,548 2,420 25% TUSD1 23% Industrial 9,263 9,761 14% Other 2Q09 2Q10 Note: excluding inter-group company sales (consolidation accounting criteria), CCEE and generation sales (except to the Free Market). 1Total monthly TUSD (pro forma) Financial Performance Reported Net Revenue (R$ million) EBITDA (R$ million) Net Income (R$ million) -0.3% 14.8% 33.0% 2,648 2,640 793 384 691 289 2Q09 2Q10 2Q09 2Q10 2Q09 2Q10 Adjusted Net Debt (R$ billion) Debt Breakdown 2Q10 Adjusted Net Debt1 Adjusted Net Debt/EBITDA2 1% US$ 6% IGP (Natural Hedge) 6.37 6.42 6.28 5.65 5.09 4.39 4.42 1.72: 3.78 3.70 excluding Foz 4.92 do Chapecó HPP, EPASA 2.85 2.25 and Baldin 2.30 2.13 1.74 2.01 TPPs’ debts 1.57 1.53 31% TJLP 62 % CDI 2002 2003 2004 2005 2006 2007 2008 2009 2Q10 1Excludes Judicial Deposits of R$ 465 million; includes hedging operations 2LTM EBITDA
  • 4.
    Corporate Governance Sustainability and 9M09 | CPFL Energia Fact Sheet Recognized as one of the companies with the most advanced corporate governance Corporate Responsibility practices in Latin America, CPFL Energia is constantly improving its governance CPFL Energia’s sustainability strategy ensures integrity, transparency and credibility in systems, based on the principles of transparency, equity, accountability and corporate its relationships and is the result of a process of continuous evolution and learning. responsibility. Distinguishing features include: • Corporate governance guidelines applicable to CPFL Energia and its controlled companies. News: • Code of Ethics and Corporate Conduct; • Corporate Risk Management Policy and Standard Assessment of Internal Controlling; Pro-Climate Companies Seminar • Superior Dividend and Securities Trading Policies; In August 2009, CPFL Energia and another 21 large companies became signatories of an Open Letter to Brazil about Climate Change, a document through which the private • Annual Report in consensus with Global Reporting Initiative (GRI); sector voluntarily committed to efforts to reduce the impacts of climate change. • Board of Directors with seven members, one being independent; CPFL Energia hosted a seminar entitled Pro-Climate Companies and Regulating the • Fiscal Council with assignments of the Audit Committee in compliance with the rules of National Climate Change Policy, held April 27, 2010. The goal of the meeting was to SOX; foster a multi-sector debate about the regulating of the climate change law. • Three Board Advisory Committees to the Board of Directors (Personnel Management, Related Parties and Management Procedures); Annual Self-Evaluation of the members of Board of Directors and Fiscal Council; 2009 Annual Report • Board of Directors members certified by IBGC – Corporate Governance Brazilian Institute; CPFL Energia introduced its 2009 Annual Report on May 20, 2010 in the form of a blog. It • Succession plans for members of the Executive Board and all CPFL Group key executives; was the first Brazilian company to use the blog tool for accountability to the market. • Internal controls certified by management (CEO and CFO) and by external auditors; • Whistle-blowing channel for receiving complaints and/or allegations concerning financial 18th International Seminar on the Search for Excellence information or breaches of the Code of Ethics; CPFL Energia participated in the 18th International Seminar on the Search for Excellence • Financial Statements in compliance with USGAAP and BRGAAP standards; held June 10, 2010, organized by the National Quality Foundation (FNQ) and was • Listing on the market segments with the highest level of governance ( Novo Mercado - represented by its president, Wilson Ferreira Junior, who was on the Ethics and Business BMF&Bovespa and with ADR Level III-NYSE); Leadership panel. • 30.7% free float; • Manual for participation in general shareholders’meetings; Access the portal and see details of all the programs: • Corporate Governance Portal. www.cpfl.com.br/sustentabilidade Rating AA+ Shares’ Information1 Share price performance – 2Q10 06/30/2010 (adjusted per dividends) CPFE3 (R$) CPL (US$) Share Price 39.41 66.95 -0.6% 11.5% -13.4% Maximum 52 weeks 40.10 68.90 Minimum 52 weeks 30.20 46.20 Bovespa IBOV IEE CPFE3 Market Cap – R$ billion 19.0 Market Cap – US$ billion 10.5 -10.0% -14.6% 9.9% Shares Outstanding2 481,137,130 Exchange rate3 1.8015 Nyse DJIA DJBr20 CPL 1Not adjusted per dividend 2As of June 30, 2010 3Dollar Ptax Investor relations CPFL Energia – Rodovia Campinas-Mogi Mirim, km 2,5 | ZIP CODE 13088-900 | Campinas | SP Phone.: 55 3756-6083 | Fax.: 55 19 3756-6089 | www.cpfl.com.br/ir | ri@cpfl.com.br