Item

Description of Item

1.

Summary of Minutes of the 447th Meeting of the Board of Directors, Companhia Energética de Minas Gerais – CEMIG, December 15, 2008

2.

Summary of Principal Decisions of the 81st Meeting of the Board of Directors, Cemig Geração e Transmissão S.A., December 16–17, 2008

3.

Summary of Principal Decisions of the 82nd Meeting of the Board of Directors, Cemig Distribuição S.A., December 16–17, 2008

4.

Summary of Minutes of the 448th Meeting of the Board of Directors, Companhia Energética de Minas Gerais – CEMIG, December 16–17, 2008

5.

Announcement to the Public, Companhia Energética de Minas Gerais – CEMIG, December 18, 2008

6.

Summary of Minutes of the 449th Meeting of the Board of Directors, Companhia Energética de Minas Gerais – CEMIG, December 29, 2008

7.

Market Announcement, Companhia Energética de Minas Gerais – CEMIG, January 5, 2009

8.

Summary of Minutes of the 75th Meeting of the Board of Directors, Cemig Geração e Transmissão S.A., August 27–28, 2008

9.

Summary of Minutes of the 76th Meeting of the Board of Directors, Cemig Geração e Transmissão S.A., September 25, 2008

10.

Summary of Minutes of the 76th Meeting of the Board of Directors, Cemig Distribuição S.A., August 27–28, 2008

11.

Summary of Minutes of the 77th Meeting of the Board of Directors, Cemig Distribuição S.A., September 25, 2008

COMPANHIA ENERGETICA DE MINAS
GERAIS – CEMIG

By:

/s/ Marco Antonio Rodrigues da Cunha

Name: Marco Antonio Rodrigues da Cunha

Title:   Chief Corporate Management Officer

Date: January 22, 2009

1.

Summary of Minutes of the 447th Meeting of the Board of Directors, Companhia Energética de Minas Gerais – CEMIG, December 15, 2008

2.

Summary of Principal Decisions of the 81st Meeting of the Board of Directors, Cemig Geração e Transmissão S.A., December 16–17, 2008

1.

Signing of a working agreement with Emater/MG: the Irapé Craftworks Rebirth of Culture and Values project.

2.

Signing of an amendment to the Contract to Replace Handling and Synchronization Assemblies in the Generators of the Jaguara Hydroelectric Plant.

3.

Revision of Project: the Service to Empresa Elétrica Bragantina S.A. – Distribution Project.

4.

Handling and Synchronization Assemblies of the generators of the Jaguara Hydroelectric Plant.

5.

Revision of Project: Service to Empresa Elétrica Bragantina S.A. – Transmission.

6.

Project: Minimization of Variable Portion in Cemig GT.

7.

Budget proposal for 2009.

8.

Priority 1 investment projects for 2008–2012.

9.

Delegation of powers.

10.

Signing of amendment to the rental contract for the Júlio Soares Building.

11.

Binding bid for acquisition of a stockholding in wind farms.

3.

Summary of Principal Decisions of the 82nd Meeting of the Board of Directors, Cemig Distribuição S.A., December 16–17, 2008

·

Debate, and simulations, for the review of the Long-Term Strategic Plan.

1.

Delegation of powers.

2.

Signing of an amendment to the contract for the Cresceminas Transmission and Sub-transmission Program.

3.

Revision of Project: Monte Sião Substation Construction.

4.

Revision of Project: Service to Empresa Elétrica Bragantina S.A. – Distribution.

5.

Reclassification of consumer units served by secondary three-wire cable monophase circuits.

6.

Signing of amendment to the Implementation Contract for Expansion of Medium Voltage and Sub-transmission for the Northwest of Minas Gerais State.

7.

Budget Proposal for 2009.

8.

Priority 1 investment projects for 2008–2012.

9.

Signing of amendment to the rental contract for the Júlio Soares Building.

4.

Summary of Minutes of the 448th Meeting of the Board of Directors, Companhia Energética de Minas Gerais – CEMIG, December 16–17, 2008

5.

Announcement to the Public, Companhia Energética de Minas Gerais – CEMIG, December 18, 2008

6.

Summary of Minutes of the 449th Meeting of the Board of Directors, Companhia Energética de Minas Gerais – CEMIG, December 29, 2008

7.

Market Announcement, Companhia Energética de Minas Gerais – CEMIG, January 5, 2009

8.

Summary of Minutes of the 75th Meeting of the Board of Directors, Cemig Geração e Transmissão S.A.,
August 27–28, 2008

Date, time and place:

August 27, 2008, at 1 p.m., adjourned, and resumed on August 28, at 3.30 p.m., exceptionally at Av. Getúlio Vargas 1640, Belo Horizonte, Minas Gerais, Brazil.

Meeting committee:

Chairman:   Djalma Bastos de Morais;

Secretary:    Anamaria Pugedo Frade Barros.

I

The Chairman asked the Board Members present to state whether any of them had conflict of interest in relation to the matters on the agenda of meeting, and all stated that there was no such conflict of interest.

II

Discussion of the Strategic Plan: Extensive and full discussion on Cemig’s Long-Term Strategic Plan, with a view to future updating of it.

III

The Board approved the minutes of this meeting.

IV

The Board authorized:

a)

Cost of capital: With the alteration proposed by the Chairman, adoption of parameters and criteria for cost of capital used by the Company in valuation of investments, covering wholly and jointly controlled subsidiaries and orienting the affiliated companies.

b)

Peixe Bravo Hydro Project: Signing of the First Amendment to the Commitment Undertaking with EDP–Energias do Brasil S.A., Construtora Andrade Gutierrez S.A. and Concremat Engenharia e Tecnologia S.A., to: include, in Sub-item “a” of the Preamble to the Commitment Undertaking, the carrying out of feasibility studies for the Peixe Bravo Hydroelectric Project, on the Paraopeba River, in Minas Gerais; change the total estimated amount of the Commitment Undertaking; and extend the character of strict exclusivity of the parties, initially specified only for the carrying out of the feasibility studies of the hydroelectric areas, to include participation in the respective auctions of concessions, to be decided by Aneel.

c)

Suppliers – meal vouchers: Opening of Administrative Tender Proceedings, and contracting of services, for supply of electronic food vouchers and meal/snack vouchers, and printed meal/snack vouchers for the company’s employees, to meet the requirements of the Worker Food Program (PAT), for a period of 12 months, able to be extended for up to a further 48 months, upon signing of amendments, with a maximum limit of 60 months, the cost to be shared between Cemig, Cemig D and Cemig GT.

V

Spending re-ratification – Pipoca Small Hydro Plant: The Board re-ratified CRCA-034/2008: altering the total investment budget for the Pipoca Small Hydro Plant Project; altering the equity of the entrepreneurs; altering the Internal Rate of Return (IRR) to stockholders (ke); altering the conditions for issuance of the service order for the start of construction of the principal works; and authorizing inclusion of Cemig GT in the EPC contract, as guarantor, in the proportion of its stockholding participation in the SPC, if deferral of payment is included in that contract, the other items of that CRCA remaining unchanged.

a)    Cost of capital for valuation of investments – Item IV, sub-clause “a”.

b)    Signing of the first Amendment to the Commitment Undertaking – item IV, subclause “b”.

c)    The Pipoca Small hydro Plant – item V.

The Chairman.

Board Members:

André Araújo Filho, Evandro Veiga Negrão de Lima, Roberto Pinto Ferreira Mameri Abdenur, Wilton deMedeiros Daher, Britaldo Pedrosa Soares, Alexandre Heringer Lisboa.

Chief Officer:

Luiz Fernando Rolla.

Chief Officer and Board Member:

Marco Antonio Rodrigues da Cunha.

Superintendent:

Emílio Castelar Pires Pereira.

Auditor:

Representative of Deloitte.

The following were present:

· on August 27:

Board Members:

Alexandre Heringer Lisboa, André Araújo Filho, Antônio Adriano Silva, Evandro Veiga Negrão de Lima, Francelino Pereira dos Santos, João Camilo Penna, Maria Estela Kubitschek Lopes, Roberto Pinto Ferreira Mameri Abdenur, Wilton de Medeiros Daher, Paulo Sérgio Machado Ribeiro, Andréa Leandro Silva, Eduardo Lery Vieira, Guy Maria Villela Paschoal, Lauro Sérgio Vasconcelos David, Luiz Antônio Athayde Vasconcelos.

CEO and Vice-chairman:

Djalma Bastos de Morais.

Chief Officers and Board Members:

 Marco Antonio Rodrigues da Cunha, Fernando Henrique Schüffner Neto.

Chief Officer:

Luiz Fernando Rolla.

Superintendents:

Emílio Castelar Pires Pereira.

Secretary:

Anamaria Pugedo Frade Barros.

· on August 28:

Board Members:

Aécio Ferreira da Cunha, Alexandre Heringer Lisboa, André Araújo Filho, Antônio Adriano Silva, Britaldo Pedrosa Soares, Evandro Veiga Negrão de Lima, Francelino Pereira dos Santos, João Camilo Penna, Maria Estela Kubitschek Lopes, Roberto Pinto Ferreira Mameri Abdenur, Wilton de Medeiros Daher, José Castelo Branco da Cruz, Paulo Sérgio Machado Ribeiro, Andréa Leandro Silva, Guy Maria Villela Paschoal, Lauro Sérgio Vasconcelos David.

CEO and Vice-chairman:

Djalma Bastos de Morais.

Chief Officers and Board Members:

Marco Antonio Rodrigues da Cunha, Fernando Henrique Schüffner Neto.

Chief Officer:

Luiz Fernando Rolla.

Auditor:

Representative of Deloitte.

Secretary:

Anamaria Pugedo Frade Barros.

9.

Summary of Minutes of the 76th Meeting of the Board of Directors, Cemig Geração e Transmissão S.A., September 25, 2008

Date, time and place:

September 25, 2008, at 1h30 p.m. at the company’s head office,
Av. Barbacena 1200, 12th Floor, B1 Wing, Belo Horizonte, Minas Gerais, Brazil.

Meeting committee:

Chairman:   Djalma Bastos de Morais.

Secretary:    Anamaria Pugedo Frade Barros.

I

The Chairman asked whether any Board Members present had conflict of interest in relation to the matters on the agenda of this meeting, and all stated that there was no such conflict of interest.

II

The Chairman reported the resignation of Board Member Aécio Ferreira da Cunha, as per letter in the Company’s possession.

III

The Board approved:

a)

The Três Marias Hydro Plant  – Refurbishment and Improvements Project, authorizing opening of the respective tender proceedings and contracting of services.

b)

The minutes of this meeting.

IV

Substations  – name change  – ArcelorMittal: The Board altered Spending Approval (CRCA) 093/2007, which authorized signing of the Working Agreement for changes in the Acesita, Ipatinga 1 and Timóteo substations, with planned transfer of assets to Cemig GT, changing the formal name of Acesita S.A. to ArcelorMittal Inox Brasil S.A., the other terms of that CRCA remaining unchanged.

V

The Board authorized:

a)

Donation: Incentive-bearing donation to the Vitasopa 2008 Project of the Voluntary Social Assistance Service (Servas), duly approved by the Minas Gerais State Children’s and Adolescents’ Council.

b)

Environmental education: Signing of a Working Agreement with the Minas Gerais State Military Police (9th Independent Environment and Traffic Company), with headquarters at Uberlândia, Minas Gerais, for development of joint programs for environmental education, protection of flora, forest fauna and water resources in the river security areas of the Emborcação, São Simão, and Miranda Hydroelectric Plants, and the Martins, Pissarão and Salto Morais Small Hydro Plants, with validity of 60 months from signature;

c)

Aimorés Consortium contract: Signature, with the Aimorés Hydroelectric Consortium, of the First Amendment (to be submitted to Aneel for prior approval) to the Operation and Maintenance Service Contract of the Aimorés Hydro Plant, to alter the object of the contract to exclude activities related to the environment, reducing the amount of the contract; and validating the measures taken since November 1, 2007.

Pandeiros,

from

September 23, 2001;

Rio de Pedras,

from

September 20, 2004;

Poço Fundo,

from

August 20, 2005;

São Bernardo,

from

August 20, 2005;

Xicão,

from

August 20, 2005;

Luiz Dias,

from

August 20, 2005;

· PCHs:

Anil, Cajuru, Gafanhoto, Joasal, Marmelos, Martins, Paciência, Peti, Piau, Poquim, Salto Morais, Santa Marta, Sumidouro and Tronqueiras;

· Hydroelectric Generation Centers:

Bom Jesus do Galho and Jacutinga;

· Hydroelectric Plants:

Camargos, Itutinga, Jaguara, Miranda, Salto Grande, São Simão, Três Marias and Volta Grande;

· Thermal Generation Plants:

Formoso and Igarapé; and

· Wind Power Generation Plant:

Morro do Camelinho; and

· the

Dona Rita PCH, and

· the

Lages Hydroelectric Generation Center.

Board Members:

André Araújo Filho, Britaldo Pedrosa Soares, Evandro Veiga Negrão de Lima, Clarice

Silva Assis, Wilton de Medeiros.

Chief Officers:

Bernardo Afonso Salomão de Alvarenga, Luiz Fernando Rolla.

The following were present:

Board Members:

Alexandre Heringer Lisboa, André Araújo Filho, Antônio Adriano Silva, Britaldo Pedrosa Soares, Evandro Veiga Negrão de Lima, Francelino Pereira dos Santos, João Camilo Penna, Maria Estela Kubitschek Lopes, Wilton de Medeiros Daher, Clarice Silva Assis, Eduardo Lery Vieira, Paulo Sérgio Machado Ribeiro, Franklin Moreira Gonçalves, Guy Maria Villela Paschoal, Lauro Sérgio Vasconcelos David.

CEO and Vice-chairman:

Djalma Bastos de Morais.

Chief Officer and Board Member:

Fernando Henrique Schüffner Neto.

Chief Officers:

Bernardo Afonso Salomão de Alvarenga, Luiz Fernando Rolla.

Secretary:

Anamaria Pugedo Frade Barros.

10.

Summary of Minutes of the 76th Meeting of the Board of Directors, Cemig Distribuição S.A., August 27–28, 2008

Date, time and place:

August 27, 2008, at 4 p.m., adjourned, and resumed on August 28, at 11.30 a.m., exceptionally at Av. Getúlio Vargas 1640, Belo Horizonte, Minas Gerais, Brazil.

Meeting committee:

Chairman:   Djalma Bastos de Morais;

Secretary:    Anamaria Pugedo Frade Barros.

I

The Chairman asked the Board Members present whether any of them had conflict of interest in relation to the matters on the agenda of this meeting, and all stated that there was no such conflict of interest.

II

Discussion of the Strategic Plan: There was extensive and full discussion on Cemig’s Long-Term Strategic Plan, with a view to future updating of it.

III

The Board approved:

a)

Steel co-generation project:  – The P.E.E. Co-generation Project of Plantar Siderúrgica, and authorized signing of a Performance Contract with Plantar Siderúrgica S.A., and Plantar Energética Ltda. as consenting party, to build a thermal generation plant using blast furnace gas, for a period of one hundred and four months, the period able to be reduced or extended until the payment of the last installment, by amendments.

b)

The minutes of this meeting.

IV

The Board authorized:

a)

Cost of capital: With the alteration proposed by the Chairman, adoption of parameters and criteria for cost of capital used by the Company in valuation of investments.

b)

Suppliers  – meal vouchers: Opening of Administrative Tender Proceedings, and contracting of services for supply of electronic food and meal/snack vouchers, and printed meal/snack vouchers for the company’s employees, to meet the requirements of the Worker Food Program (PAT), for a period of 12 months, able to be extended for up to a further 48 months, on signature of amendments, with a maximum limit of 60 months, the cost to be shared between Cemig, Cemig D and Cemig GT.

V

Vote against: Board Member Wilton de Medeiros Daher voted against the item relating to cost of capital for valuation of investments referred to in item IV, sub-item “a”, above.

VI

The following spoke on general matters and business of interest to the Company:

The Chairman.

Board Members:

André Araújo Filho, Evandro Veiga Negrão de Lima, Roberto Pinto Ferreira Mameri Abdenur, Wilton de Medeiros Daher, Britaldo Pedrosa Soares, and Alexandre Heringer Lisboa.

Board Member and Chief Officer:

Marco Antonio Rodrigues da Cunha.

Chief Officer:

Luiz Fernando Rolla.

Superintendent:

Emílio Castelar Pires Pereira.

Auditor:

Representative of Deloitte.

Board Members:

Alexandre Heringer Lisboa, André Araújo Filho, Antônio Adriano Silva, Evandro Veiga Negrão de Lima, Francelino Pereira dos Santos, João Camilo Penna, Maria Estela Kubitschek Lopes, Roberto Pinto Ferreira Mameri Abdenur, Wilton de Medeiros Daher, Paulo Sérgio Machado Ribeiro, Andréa Leandro Silva, Eduardo Lery Vieira, Guy Maria Villela Paschoal, Lauro Sérgio Vasconcelos David, Luiz Antônio Athayde Vasconcelos.

CEO and Vice-chairman:

Djalma Bastos de Morais.

Chief Officers and Board Members:

Marco Antonio Rodrigues da Cunha, Fernando Henrique Schüffner Neto.

Chief Officer:

Luiz Fernando Rolla.

Superintendent:

Emílio Castelar Pires Pereira.

Secretary:

Anamaria Pugedo Frade Barros.

· on August 28:

Board Members:

Aécio Ferreira da Cunha, Alexandre Heringer Lisboa, André Araújo Filho, Antônio Adriano Silva, Britaldo Pedrosa Soares, Evandro Veiga Negrão de Lima, Francelino Pereira dos Santos, João Camilo Penna, Maria Estela Kubitschek Lopes, Roberto Pinto Ferreira Mameri Abdenur, Wilton de Medeiros Daher, José Castelo Branco da Cruz, Paulo Sérgio Machado Ribeiro, Andréa Leandro Silva, Guy Maria Villela Paschoal, Lauro Sérgio Vasconcelos David.

CEO and Vice-chairman:

Djalma Bastos de Morais.

Chief Officers and Board Members:

Marco Antonio Rodrigues da Cunha, Fernando Henrique Schüffner Neto.

Chief Officer:

Luiz Fernando Rolla.

Auditors:

Representative of Deloitte.

Secretary:

Anamaria Pugedo Frade Barros.

11.

Summary of Minutes of the 77th Meeting of the Board of Directors, Cemig Distribuição S.A., September 25, 2008

Date, time and place:

September 25, 2008, at 4 p.m. at the company’s head office,
Av. Barbacena 1200, 17th Floor, A1 Wing, Belo Horizonte, Minas Gerais, Brazil.

Meeting committee:

Chairman:   Djalma Bastos de Morais;

Secretary:    Anamaria Pugedo Frade Barros.

I

The Chairman asked the Board Members present whether any of them had conflict of interest in relation to the matters on the agenda of this meeting, and all stated that there was no such conflict.

II

The Chairman reported the resignation of Board Member Aécio Ferreira da Cunha, as per letter in the Company’s possession.

III

The Board approved:

a)

The First Revision of the 2008 Complementary Expansion Works Program Project, authorizing continuation of the respective tender processes and making of purchases/contracting of services.

b)

The Itatiaiuçu Substation Construction Project, authorizing opening of the respective tender proceedings and making of the purchases or contracts for the services.

c)

The minutes of this meeting.

IV

The Board authorized:

a)

Miscellaneous material: Opening of Administrative Tender Proceedings, and acquisition of low-impact, miscellaneous material, for expansion and maintenance of the Company’s electricity system, for a maximum period of 24 months.

b)

Lightning conductors: Opening of Administrative Tender Proceedings, and the acquisition of seventy-seven thousand lightning conductors for protection, expansion and maintenance of the Company’s electricity system, for a period of up to 36 months.

c)

Transformer maintenance: Opening of Administrative Tender Proceedings, and contracting of services for maintenance of transformers of the aerial electricity distribution network, for a period of 12 months, able to be extended, on signature of amendments, for up to 24 months, with a maximum limit of 36 months.

d)

Bringing forward of funding: Limited to 12 months, bringing forward of part of the funding for Cemig Distribuição’s 2009 routine Investment Program allocated for acquisition of material for works of urban and rural expansion, operation and maintenance, measurement, high-voltage refurbishment and service to consumers and direct high-voltage users.

e)

Debt agreement: Signature of a Private Debt Confession Instrument with the Capim Branco Energia Consortium (CCBE), made up of Companhia Vale do Rio Doce, Cemig Capim Branco Energia S.A., Comercial e Agrícola Paineiras Ltda. and Votorantim Metais Zinco S.A.

f)

Donations: Incentive-bearing donations to the Valores de Minas and Brinquedoteca Projects of the Voluntary Social Assistance Service (Servas), duly approved by the Minas Gerais State Children’s and Adolescents’ Council.

Board Members:

André Araújo Filho, Britaldo Pedrosa Soares, Evandro Veiga Negrão de Lima, Clarice Silva Assis, and Wilton de Medeiros Daher.

Chief Officers:

Bernardo Afonso Salomão de Alvarenga, Luiz Fernando Rolla.

The following were present:

Board Members:

Alexandre Heringer Lisboa, André Araújo Filho, Antônio Adriano Silva, Britaldo Pedrosa Soares, Evandro Veiga Negrão de Lima, Francelino Pereira dos Santos, João Camilo Penna, Maria Estela Kubitschek Lopes, Wilton de Medeiros Daher, Clarice Silva Assis, Eduardo Lery Vieira, Paulo Sérgio Machado Ribeiro, Franklin Moreira Gonçalves, Guy Maria Villela Paschoal, Lauro Sérgio Vasconcelos David.

CEO and Vice-chairman:

Djalma Bastos de Morais.

Chief Officer and Board member:

Fernando Henrique Schüffner Neto.

Chief Officers:

Bernardo Afonso Salomão de Alvarenga, Luiz Fernando Rolla.

Secretary:

Anamaria Pugedo Frade Barros.