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2. Highlights
The largest private player in the Brazilian Electric Sector
• Energy market is concentrated in the most developed
regions of Brazil (South/Southeast)
• Market cap of R$ 18 billion in April, 20101
• Listed on Bovespa’s Novo Mercado and NYSE’s ADR
Level III
• Differentiated Dividend Policy: minimum payment of
50% of the net income on a semi-annual basis
• Strong growth in the generation installed capacity in the
last few years
• Long term generation and distribution concessions
• 5 distribution companies’ acquisition, 9 SPP’s and RGE’s
stake (33%), Foz do Chapecó HPP’s stake (11%),
Lajeado HPP’s stake (7%) and EPASA TPP’s stake (51%)
in the last 3 years
• First company in the Brazilian electric sector to negotiate
carbon credits, through a run-of-stream HPP
• Investments in energy generation from biomass: Baldin
Biomass TPP, Baía Formosa Biomass TPP, Pedra Biomass
TPP, Buriti Biomass TPP and Ipê Biomass TPP
• 188 MW sold in the Wind Energy Auction in Dec, 2009
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2 1) Share price April 7th 2010: R$ 36.94/ON

3. Corporate Structure
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4. Brazilian’s largest player in distribution and commercialization businesses
COMMERCIALIZATION AND SERVICES
COMMERCIALIZATION AND SERVICES CPFL Energia Market-share
Distribution CPFL 13%1
Concession Area (captive + TUSD)
• 6.6 million customers
• 568 municipalities
• Sales of 49,806 GWh²
Market leader Others 87%
Generation CPFL 2%1
DISTRIBUTION
GENERATION Focused mainly in renewables
• 40 HPP operating
• 1,737 MW installed capacity
• 15 plants under construction
4th Brazilian private generator Others 98%
Commercialization CPFL 21%4
Energy free market and
Businesses Units of Services
• 79 free customers
• Sales of 10,306 GWh²
• Services: revenues of R$ 78 million3
Market leader Others 79%
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4 1) Aneel – last available information 2) Mar, 10 – LTM. Concession area sales (excludes CCEE) 3) LTM 4) Year 2009

5. CPFL Energia’s estimated CAPEX of R$ 6 billion for the next 5 years
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6. Acquired Distributors have reported improved indicators
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7. Operational efficiency
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8. Initiation of the process of private networks’ incorporation
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9. Foz do Chapecó HPP: 91% already concluded
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10. Projects under construction: Baldin and CPFL Bioformosa TPPs
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11. Projects under construction: EPASA TPP and CPFL Wind Farms
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12. Announcement of three new biomass energy generation’s projects:
CPFL Bio Buriti, Ipê and Pedra
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13. Strong growth in the generation installed capacity and assured energy
2.765
CAGR: 39,0% a.a.
1) Guarantee of 51.54% of the assured energy until 2028 2) Hydroelectric power projects with less than 1,000 Kw that are not considered concession by the grantor
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13 3) From 9 SPPs from CPFL Jaguariúna (today are in the Distribution), 6 are in the situation described in note 2

14. CPFL is consolidated as one of the leading private players in the
generation segment and diversify its energy matrix
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15. New Energy Auctions - 2010
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16. Businesses Units Services
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17. CPFL Brasil progresses in the commercialization of renewable energy
(special energy)
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18. CPFL presents sales growth in the concession area and in the free market
Concession Area Sales – GWh1 Free Market Sales - GWh1
CAGR = 6.1% p.y.
TUSD
CAPTIVE 49,033 48,799 CAGR = 26.1% p.y.
46,475
41,363
10,978
36,364 38,498 11,230 11,710
3,288 7,263 9,585
10,243
9,334 8,951 8,904
7,120
35,245 37,323 37,821 12,796
33,076 31,235 31,778 3,209 2,391
2,955
9,841
2004 2005 2006 2007 2008 2009 1Q10 2004 2005 2006 2007 2008 2009 1Q10
Concession Area Sales (GWh) – 20092
Brazil Southeast South
-0.5% -1.1% -0,4% -2.4% -0,9% -0.7%
1) Excludes intercompany transactions (consolidation accounting basis), CCEE and generation sales (except to the free market). 2009 TUSD adjusted (97 CAT Resolution)
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18 2) Source: EPE. 2009 CPFL figures adjusted (97 CAT Resolution)

19. Residential consumption – outlook
International comparison of residential energy consumption
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20. CPFL presents strong growth of EBITDA and Net Income in the last years
EBITDA (R$ million)1 Net Income (R$ million)1
CAGR = 10.5% p.y. CAGR = 35.7% p.y.
3,345 1,641
2,789 2,808 2,765 1,404
1,276 1,286
2,120 1,021
1,681
809 390
279
2004 2005 2006 2007 2008 2009 1Q10 2004 2005 2006 2007 2008 2009 1Q10
EBITDA Breakdown2 Recurring EBITDA Margin 1Q10
63% 25%
29.6% 30.0%
11%
1Q09 1Q10
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20 1) 2007 and 2008 adjusted by the impact of Law 11,638 and PM 449/08 2) Mar, 10 (last twelve months)

21. Distribution of dividends in accordance with creation of shareholder value
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21 1) Considering last two half-years’ dividend yield 2) Refer to declared dividend. Payment in the next half year 3) IPO price per share: R$ 17.22

22. 1Q10 Debt Profile
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23. 1Q10 Debt Profile
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24. Capital market performance
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