"In relation to various articles published in the press regarding Eletrobras' future investments abroad, we hereby clarify for our shareholders and the market in general that the internationalization of Eletrobras' business is part of the Strategic Plan of the company, aimed at the selective international expansion of GTD&C with focus on the Americas.
The Strategic Plan for 2010-2012 of the Eletrobrás System, released on March 17, 2010, stated that:

“3.2.5 Internationalization
The Eletrobras System will act in the international electric energy market, either directly or in consortium with domestic or foreign companies, for the deployment and operation of enterprises, primarily in hydro generation and transmission of energy, provided that it meets its business interests and thorough assessment of risks and opportunities. Eletrobras' role in the international markets should also consider the creation of new investment opportunities in other countries and the creation of new markets for suppliers of goods and services. The primary focus should be on business opportunities in the Americas, notably Argentina, Colombia, the United States and Peru."

The analysis of future investment projects abroad, each at different stages of evaluation, will be based on criteria and indicators such as profitability and return on investment. It is not possible at the moment to define the volume of investment for the upcoming years, which will be a result of these feasibility studies.

The analysis of future investment projects abroad, each at different stages of evaluation, will be based on criteria and indicators such as profitability and return on investment, it is not possible at the moment to define the volume of investment for the next years regarding the completion these projects under studies.

Rio de Janeiro, July 27, 2010.

Armando Casado de Araujo

CFO and Investor Relation Officer"