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AES Eletropaulo Reaches R$ 88.5 Million Reduction in Manageable PMSO New Goal of R$ 140 Million Reduction in 2013

AES Eletropaulo Reaches R$ 88.5 Million Reduction in Manageable PMSO New Goal
                     of R$ 140 Million Reduction in 2013

Comments by Mr. Gustavo Duarte Pimenta - CFO and Investor Relations Officer

PR Newswire

SAO PAULO, Nov. 6, 2013

SAO PAULO, Nov. 6, 2013 /PRNewswire/ --AES Eletropaulo (BOVESPA: ELPL3 and
ELPL4; ADRs: EPUMY) today announced its results for the third quarter of 2013
(3Q13) and for the nine months of 2013 (9M13).

In 3Q13, the main financial highlight was the year-over-year reduction of
R$58.5 million in manageable PMSO expenses adjusted for inflation as measured
by IGP-M. In 9M13, the reduction was of R$ 88.5 million. This achievement
resulted in the revision of the target reduction for 2013 manageable PMSO in
comparison to the 2012 manageable PMSO adjusted by inflation as measured by
IGP-M, from R$ 100 million to R$ 140 million, attesting Management's
commitment to management practices, with productivity and efficiency gains.

In this quarter, the Company reached EBITDA of R$ 142.4 million and net income
of R$ 27.0 million, even considering the amortization of the regulatory
liability resulting from the postponement, by Aneel, of the Third Tariff Reset
application date.

The total market in AES Eletropaulo's concession area expanded by 2.7% over
3Q12 and came to 11,626 GWh. The increase of 4.2% in the consumption of the
total commercial class and of 2.4% in the consumption of the total residential
class contributed to this result.

The operational highlight was the total losses indicator, which stood at 9.7%
in 3Q13, as a result of the initiatives to reduce illegal connections. SAIDI
and SAIFI for the year ending on September 30, 2013 also dropped by 5.0% and
5.2% respectively, below the regulatory limits.

In this quarter, the Company invested R$ 193.4 million, mainly in system
expansion and reliability and client services.

Conference Call / Webcast

PRESENTATION:
Britaldo Soares – Chief Executive Officer
Gustavo Duarte Pimenta – CFO and Investor Relations Officer

DATE: Thursday, November 7, 2013

TIME: 3:00 (BR) / 12:00 p.m. (EDT)

CONNECTION: 

  oBrazil: (+55 11) 2104-8901 or 4688-6361
  oUSA:  (+1) 855-281-6021
  oOther countries:  (+1) 786-924-6977

SIMULTANEOUS INTERPRETATION INTO ENGLISH.

CONFERENCE CODE: AES Eletropaulo

REPLAY: (+55 11) 4688-6312
CODE: 1549357# (Portuguese) and 0653309# (English)
AVAILABLE FROM:  11.07.2013 to 11.13.2013

The presentation slides will be available for viewing and downloading on the
website www.ri.aeseletropaulo.com.br/ .

SOURCE AES Eletropaulo

Website: http://www.aeseletropaulo.com.br
 
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