AES Eletropaulo invests R$ 144.7 Million in 1Q13

               AES Eletropaulo invests R$ 144.7 Million in 1Q13

Comments by Mr. Rinaldo Pecchio Junior - CFO and Investor Relations Officer

PR Newswire

SAO PAULO, May 8, 2013

SAO PAULO, May 8, 2013 /PRNewswire/ -- Eletropaulo Metropolitana Eletricidade
de Sao Paulo S/A, [BM&FBovespa: ELPL3, ELPL4; ADRs negotiated at US OTC
Market] announced 1Q13 results.

The total market in AES Eletropaulo's concession area grew by 2.2% in 1Q13 to
11,401 GWh. The 0.6% rise in the captive market in the quarter resulted from
3.8% higher consumption by the residential class, due to an increase in real
income in the Sao Paulo Metropolitan Area early in the year. The commercial
and industrial classes also recorded increases against 1Q12, of 5.1% and 2.0%
respectively, not including the effect of client migration to the Free
Contracting Environment (FCE).

Regarding the financial performance, the Company remains committed to cost
management, aiming productivity gains and operational efficiency. The benefits
obtained will partially offset the negative impact of the tariff reset,
achieving a reduction of R$ 100 million in manageable PMSO versus 2012
manageable PMSO corrected by inflation. Manageable PMSO (Personnel, Material,
Services and Other) in the quarter fell by 3.4% whereas the inflation in the
period came to 8.0%. Adjusted EBITDA amounted to R$208.9 million in 1Q13,
rising by 34.7% against 1Q12, when adjusted EBITDA stood at R$155.1 million.

AES Eletropaulo invested R$ 144.7 million in 1Q13, mostly allocated to system
and client services expansion so as to cope with the market growth and
mitigate the risk of interruptions of the regular and emergency supply. Thus,
SAIDI and SAIFI of the last 12 months ended march 2013 presented significant
reduction of 13.4% and 9.7%, respectively, reflecting the continuous search
for improvement of operating indicators.

Conference Call / Webcast

Britaldo Soares – Chief Executive Officer
Mr. Rinaldo Pecchio Junior – CFO and Investor Relations Officer

DATE: Thursday, May 09^th, 2013

TIME: 17:30 (BR) / 4:30 p.m. (EST)


  oBrazil: (+55 11) 4688-6361
  oUSA:  (1-855) 281-6021
  oOther countries:  (1 786) 924-6977



REPLAY: (+55 11) 4688-6312
CODE: 2661385#
AVAILABLE FROM:  05.09.13 to 05.15.13

The presentation slides will be available for viewing and downloading on the

The conference call will be broadcasted live on the Internet on the same
website, remaining available after the event.

Investor Relations Department

SOURCE AES Eletropaulo

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