By BNDES Clause Samples

By BNDES. National Bank for Economic and Social Development – BNDES ▇▇▇▇▇ ▇▇▇▇▇▇▇ – President ▇▇▇▇▇▇ ▇▇▇▇▇▇-Vice-President By BENEFICIARY: ▇▇▇ CELULAR S/A Mario ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇ President Finance Administration and Control Officer ▇▇▇ BRASIL SERVIÇOS E PARTICIPAÇÕES S/A Mario ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇ President Finance Administration and Control Officer Name: illegible name and signature ID Card: CPF (Individual Taxpayer’s ID): Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ (signed) ID Card: 13042550-7 CPF (Individual Taxpayer’s ID): 089264637-37 Exhibit I to the Credit Facility Agreement by means of Credit Facility #05.2.0642.1

By BNDES. BANCO NACIONAL DE DESENVOLVIMENTO ECONOMICO E SOCIAL

By BNDES s/ Isaac Roffe Zagury /s/ Mariza Gianinni -------------------------------------------------------------------------------- BANCO NACIONAL DE DESENVOLVIMENTO ECONOMICO E SOCIAL- BNDES By the BENEFICIARY: /s/ Sergio Pereira Pires /s/ Antonio Soares Diniz -------------------------------------------------------------------------------- EMPRESA ENERGETICA DE MATO GROSSO DO SUL S.A.- ENERSUL By the INTERVENING PARTIES: /s/ J▇▇▇ ▇▇rio Miranda Abdo /s/ Issac Pinto Averbuch -------------------------------------------------------------------------------- AGENCIA NACIONAL DE ENERGIA ELETRICA - ANEEL -------------------------------------------- -------------------------------------------------------------------------------- BANCO DO BRASIL S.A. -------------------- WITNESSES: _____________________________ _______________________________ AMENDMENT N. 2 TO THE CONTRACT OF FUNDING THROUGH MEANS OF OPENING OF CREDIT N.02.2.053.31, MADE AND EXECUTED BY AND BETWEEN BANCO NACIONAL DE DESENVOLVIMENTO ECONOMICO E SOCIAL-BNDES AND EMPRESA ENERGETICA DE MATO GROSSO DO SUL S.A. - ENERSUL, ▇ITH INTERVENING OF OTHER PARTS, AS SHOWN BELOW: BANCO NACIONAL DE DESENVOLVIMENTO ECONOMICO E SOCIAL- BNDES, hereinafter referred to simply as BNDES, a federal public company, with its headquarters in Brasilia, Distrito Federal, and with services offered in that city, at 100 Republica do Chile Avenue, its C.N.P.J. registration number being 33.657.248/0001-89, by its representatives signed below; and EMPRESA ENERGETICA DE MATO GROSSO DO SUL S.A. - ENERSUL, hereinafter denominated BENEFICIARY, ▇ ▇▇▇▇ilian corporation, located in Campo Grande, State of Mato Grosso do Sul, at s/n Gury Marques Avenue, its registration number ▇▇▇▇▇ 15.413.826/0001-▇▇, ▇▇ ▇▇▇ ▇epresentatives signed below; and also appearing as INTERVENING PARTIES:

By BNDES s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ (sgd) /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇ BANCO NACIONAL DE DESENVOLVIMENTO ECONÔMICO E SOCIAL—BNDES