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Material Fact - Notice regarding the sale of the common shares


MATERIAL FACT

Transmissora Aliança de Energia Elétrica S.A. ("Company", "Taesa"), pursuant to the Instruction of the Brazilian Securities and Exchange Commission ("CVM") No. 358 of January 3, 2002, as amended ("CVM Instruction 358"), and for the purposes of Paragraph 4 of Article 157 of Law 6404, from December 15, 1976, as amended, and complementing the Material Fact disclosed on December 27, 2016, hereby announces to its shareholders, to the market in general and to other stakeholders that it has received a notice, on this date, attached to this Material Fact, from ISA Investimentos e Participações do Brasil S.A. ("ISA Brasil"), regarding the sale of the common shares connected to Taesa‘s controlling block held by Fundo de Investimento em Participações Coliseu and by Fundo de Investimento em Ações Taurus (together, "Sellers"), pursuant to the agreement of purchase and sale of shares, signed on December 27, 2016 between the Sellers and Interconexión Eléctrica S.A. E.S.P. ("Agreement" and "Buyer", respectively).

Thus, pursuant to the terms and conditions therein, together the Sellers sold 153,775,790 common shares representing 26.03% of the voting capital and 14.88% of the total capital of Taesa ("Shares"). As mentioned in the notice, the Shares were transferred to ISA Brasil on this date for the total amount of R$1,018,763,409.29, according to the purchase price adjustments provided for in the Agreement. As a result, ISA Brasil now holds the same shareholding held by the Sellers in Taesa‘s share capital and unrestrictedly commits to the Shareholders‘ Agreement of Taesa, by signing a Commitment Agreement on this date, fully replacing the Sellers and having the same rights and obligations previously assigned to the Sellers.

Upon the completion of the operation, Taesa will now have the following shareholding breakdown:

Shareholders Common Shares % Preferred Shares % Total Share Capital %
CEMIG 252,369,999 42.72 73,646,184 16.63 326,016,183 31.54
ISA Brasil 153,775,790 26.03 - - 153,775,790 14.88
Market 184,568,280 31.24 369,136,468 83.37 553,704,748 53.58
Total 590,714,069 100.00 442,782,652 100.00 1,033,496,721 100.00

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