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FORM 6-K

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  20549

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934

For the month of May 2012

Commission File Number 1-15224

Energy Company of Minas Gerais

(Translation of Registrant’s Name Into English)

Avenida Barbacena, 1200

30190-131 Belo Horizonte, Minas Gerais, Brazil

(Address of Principal Executive Offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F   X   Form 40-F ___

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ___

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ___

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes        No   X  

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):  N/A

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Index

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: May 22, 2012

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1.   Summary of Principal Decisions of the 534th Meeting of the Board of Directors, April 12, 2012

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COMPANHIA ENERGÉTICA DE MINAS GERAIS – CEMIG

LISTED COMPANY

CNPJ 17.155.730/0001-64  –  NIRE 31300040127

Summary of principal decisions

At its 534th meeting, held on April12, 2012, the Board of Directors of Cemig (CompanhiaEnergética de Minas Gerais) decided the following matter:

Av.Barbacena 1200      Santo Agostinho      30190-131 Belo Horizonte, MG      Brazil      Tel.: +55 31 3506-5024     Fax +55 31 3506-5025

This text is a translation, provided for information only. The original text in Portuguese is the legally valid version.

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2.             Summary of Minutes of the 534th Meeting of the Board of Directors, April 12, 2012

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COMPANHIA ENERGÉTICA DE MINAS GERAIS – CEMIG

LISTED COMPANY

CNPJ 17.155.730/0001-64 – NIRE 31300040127

BOARD OF DIRECTORS

SUMMARY OF MINUTES

OF THE 534TH MEETING

Av. Barbacena 1200      Santo Agostinho      30190-131 Belo Horizonte, MG      Brazil      Tel.: +55 31 3506-5024     Fax +55 31 3506-5025

This text is a translation, provided for information only. The original text in Portuguese is the legally valid version.

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Av. Barbacena 1200      Santo Agostinho      30190-131 Belo Horizonte, MG      Brazil      Tel.: +55 31 3506-5024     Fax +55 31 3506-5025

This text is a translation, provided for information only. The original text in Portuguese is the legally valid version.

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3.             Market Announcement – Study for saving of costs, April 23, 2012

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COMPANHIA ENERGÉTICA DE MINAS GERAIS – CEMIG

LISTED COMPANY

CNPJ 17155.730/0001-64

NIRE 31300040127

MARKET ANNOUNCEMENT

Study for saving of costs

Cemig(Companhia Energética de Minas Gerais), a listed company with securities traded on the stock exchanges of São Paulo, New York and Madrid, hereby informs the public as follows:

Cemig is carrying out studies to align its operational costs with the criteria used by the Brazilian National Electricity Agency, Aneel, in the context of the third cycle of Tariff Reviews, which indicate opportunities for reduction of costs by as much as R$ 600 million over the next three years.

Cemig will keep its stockholders and the market opportunely and properly informed on the progress of this project.

Belo Horizonte, April 23, 2012.

Luiz Fernando Rolla

Chief Finance and Investor Relations Officer

Av. Barbacena 1200    Santo Agostinho   30190-131 Belo Horizonte, MG     Brazil    Tel.: +55 31 3506-5024    Fax +55 31 3506-5025

This text is a translation, provided for information only. The original text in Portuguese is the legally valid version.

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4.             Notice to Stockholders – Dividends and stock dividend, April 23, 2012

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COMPANHIA ENERGÉTICA DE MINAS GERAIS – CEMIG

LISTED COMPANY

CNPJ 17155.730/0001-64

NOTICE TO STOCKHOLDERS

Dividends and stock dividend

We hereby advise our stockholders that the Board of Directors, at its meeting of March 15, 2012, decided to propose the following to the General Meeting of Stockholders to be held on April 27, 2012:

Av. Barbacena 1200      Santo Agostinho      30190-131 Belo Horizonte, MG      Brazil      Tel.: +55 31 3506-5024     Fax +55 31 3506-5025

This text is a translation, provided for information only. The original text in Portuguese is the legally valid version.

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Shareholders whose shares are not held in custody by the CBLC and whose registration details are not up-to-date should visit any branch of Banco Bradesco S.A. (the Institution which administers Cemig’s Nominal Share Registry System), carrying their personal identification documents, for the necessary updating.

Belo Horizonte, April 23, 2012.

Luiz Fernando Rolla

Chief Finance and Investor Relations Officer

Av. Barbacena 1200      Santo Agostinho      30190-131 Belo Horizonte, MG      Brazil      Tel.: +55 31 3506-5024     Fax +55 31 3506-5025

This text is a translation, provided for information only. The original text in Portuguese is the legally valid version.

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5.             Notice to Stockholders – Dividends, capital increase and stock dividend, April 27, 2012

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COMPANHIA ENERGÉTICA DE MINAS GERAIS – CEMIG

LISTED COMPANY

CNPJ 17.155.730/0001-64

NOTICE TO STOCKHOLDERS

Dividends, capital increase and stock dividend

We hereby advise stockholders that the Ordinary and Extraordinary General Meetings of Stockholders held on April 27, 2012 decided the following corporate action:

Av. Barbacena 1200    Santo Agostinho   30190-131 Belo Horizonte, MG     Brazil    Tel.: +55 31 3506-5024    Fax +55 31 3506-5025

This text is a translation, provided for information only. The original text in Portuguese is the legally valid version.

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We remind stockholders of the importance of keeping their client registry information up-to-date, since proceeds can be paid only to stockholders who have this information up-to-date, or have a current account, at any bank, registered with Bradesco S.A. (the Institution which administers Cemig’s Nominal Share Registry System). Stockholders wishing to make such registry should visit any branch of that bank, carrying their personal identification documents.

Belo Horizonte, April 27, 2012

Luiz Fernando Rolla

Chief Finance and Investor Relations Officer

Av. Barbacena 1200    Santo Agostinho   30190-131 Belo Horizonte, MG     Brazil    Tel.: +55 31 3506-5024    Fax +55 31 3506-5025

This text is a translation, provided for information only. The original text in Portuguese is the legally valid version.

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6.             Presentation of First Quarter 2012 Results

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First Quarter 2012 Results

Cemig

(BM&FBovespa: CMIG3, CMIG4; NYSE: CIG, CIG.C; Latibex:XCMIG)

announces its

TIMETABLE for publication of 1Q 2012 Results:

1 – Publication

May14, 2012 – before markets open in São Paulo and New York

The information will be available on our website:  http://ri.cemig.com.br

2 – Video webcast and Conference call

May 14, 2012, at 11:00a.m. (Brasília time)

Transmission of the results with simultaneous translation into English

by video webcast at:

http://ri.cemig.com.br

or

byconference call at:

55(11) 4688-6341

Password: CEMIG

For any questions please call +55 31 3506-5024. Thank you.

Av.Barbacena 1200      Santo Agostinho      30190-131 Belo Horizonte, MG      Brazil      Tel.: +55 31 3506-5024     Fax +55 31 3506-5025

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7.   Minutes of the Ordinary and Extraordinary General Meetings of Stockholders, April 27, 2012

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COMPANHIA ENERGÉTICA DE MINAS GERAIS – CEMIG

LISTED COMPANY

CNPJ 17.155.730/0001-64 – NIRE 31300040127

MINUTES

OF THE

ORDINARY AND EXTRAORDINARY

GENERAL MEETINGS OF STOCKHOLDERS

HELD, CONCURRENTLY, ON

APRIL 27, 2012

At 10.30 a.m. on April 27, 2012, stockholders representing more than two-thirds of the voting stock of Companhia Energética de Minas Gerais – Cemig met in Ordinary and Extraordinary General Meetings at its head office, on first convocation, at Av. Barbacena 1200, 21st Floor, Belo Horizonte, Minas Gerais, Brazil, as verified in the Stockholders’ Attendance Book, where all those present signed and made the required statements.

The stockholder The State of Minas Gerais was represented by Ms. Paula Souza Carmo de Miranda, in accordance with the legislation.

Initially, Ms. Anamaria Pugedo Frade Barros, General Manager of Cemig’s Corporate Executive Office, stated that there was a quorum for both the Ordinary and the Extraordinary General Meetings of Stockholders. She further stated that the stockholders present should choose the Chairman of this Meeting, in accordance with Clause 10 of the Company’s by-laws. Asking for the floor, the representative of the Stockholder The State of Minas Gerais put forward the name of the stockholder Ary Ferreira Filho to chair the Meeting. The proposal of the representative of the stockholder The State of Minas Gerais was put to debate, and to the vote, and unanimously approved.

The Chairman then declared the Meeting open, and invited me, Anamaria Pugedo Frade Barros, a stockholder, to be Secretary of the meeting, and asked me to read the convocation notice, published in the newspapers Minas Gerais, the official publication of the Powers of the State, and in the newspaper O Tempo, on March 28, 29 and 30 of this year, the content of which is as follows:

Av. Barbacena 1200 Santo Agostinho 30190-131 Belo Horizonte, MG Brazil Tel.: +55 31 3506-5024 Fax +55 31 3506-5025

This text is a translation, provided for information only. The original text in Portuguese is the legally valid version.

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“ COMPANHIA ENERGÉTICA DE MINAS GERAIS – CEMIG

LISTED COMPANY

CNPJ 17155.730/0001-64 - NIRE 31300040127

ORDINARY AND EXTRAORDINARY

GENERAL MEETINGS OF STOCKHOLDERS

CONVOCATION

Stockholders are hereby called to an Ordinary and an Extraordinary General Meeting of Stockholders, to be held, concurrently, on April 27, 2012 at 10.30 a.m. at the company’s head office, Av. Barbacena 1200, 21st floor, in the city of Belo Horizonte, Minas Gerais, Brazil, to decide on the following matters:

1      Examination, debate and voting on the Report of Management and the Financial Statements for the year ended December 31, 2011, and the respective complementary documents.

2      Allocation of the net profit for the year 2011, in the amount of R$ 2,415,450,000, and the balance of Retained Earnings, in the amount of R$ 128,979,000, arising from realization of the Reserve for Adjustments to Stockholders’ Equity in accordance with Article 192 of Law 6404/1976, as amended.

3      Decision on the form and date of payment of the obligatory dividend and complementary dividends, in the amount of R$ 1,294,041,000.

4      Authorization, verification and approval of an increase in the registered Share Capital:

5      Authorization, in relation to the stock dividend of 25% in new shares with nominal value of R$ 5.00 of the same type as those held, to be paid to holders of the shares comprising the Share Capital of R$ 3,412,072,910.00 whose names are in the company’s Nominal Share Registry on the date of this General Meeting of Stockholders, for the Executive Board:

–      to sell on a securities exchange the whole numbers of nominal shares resulting from the sum of the remaining fractions, arising from the said stock dividend, and to share the net proceeds of the sale, proportionately, among the stockholders;

–      to establish that all the shares resulting from the said stock dividend shall have the same rights as those shares from which they originate; and

–      to pay to the stockholders, proportionately, the result of the sum of the remaining fractions, jointly with the first installment of the dividends for the year 2011.

6      Consequent redrafting of the Head paragraph of Clause 4 of the by-laws, as a result of the said increase in the registered Share Capital.

7      Election of the sitting and substitute members of the Audit Board, due to the completion of their period of office; and setting of their remuneration.

8      Election of the sitting and substitute members of the Board of Directors, due to the ending of their period of office.

9      Setting of the remuneration of the Company’s Managers.

Av. Barbacena 1200 Santo Agostinho 30190-131 Belo Horizonte, MG Brazil Tel.: +55 31 3506-5024 Fax +55 31 3506-5025

This text is a translation, provided for information only. The original text in Portuguese is the legally valid version.

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Under Article 3 of CVM Instruction 165 of December 11, 1991, adoption of the multiple voting system for election of members of the company’s Board requires the vote of stockholders representing a minimum percentage of 5% (five per cent) of the voting stock.

Any stockholder who wishes to be represented by proxy at the said General Meetings of Stockholders should obey the terms of Article 126 of Law 6406/1976, as amended, and of the sole sub-paragraph of Clause 9 of the Company’s by-laws, depositing, preferably by April 25, 2012, proofs of ownership of the shares, issued by a depositary financial institution, and a power of attorney with specific powers, at Cemig’s Corporate Executive Secretariat Office at Av. Barbacena, 1200, 19th floor, B1 Wing, Belo Horizonte, MG, Brazil.

Belo Horizonte, March 15, 2012.

Dorothea Fonseca Furquim Werneck – Chair of the Board of Directors. ”

In accordance with Item 1 of the agenda the Chairman placed in debate the Report of Management and the Financial Statements for the year ended December 31, 2011, and the respective complementary documents, explaining that they have been widely disclosed in the press, since they were placed at the disposal of stockholders by a notice published in Minas Gerais, the official journal of the Powers of the State, and in the newspaper O Tempo on March 28, 29 and 30, and also published in those same newspapers on April 12 of this year.

The Chairman then put to the vote the Report of Management and the Financial Statements for the year ended December 31, 2011, and the respective complementary documents, and they were approved, with the persons legally impeded abstaining.

Av. Barbacena 1200 Santo Agostinho 30190-131 Belo Horizonte, MG Brazil Tel.: +55 31 3506-5024 Fax +55 31 3506-5025

This text is a translation, provided for information only. The original text in Portuguese is the legally valid version.

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Proposal by the Board of Directors

The Chairman then requested the Secretary to read the Proposal by the Board of Directors, which deals with items 2 to 6, 10 and 11 of the convocation, and also the Opinion of the Audit Board thereon, the contents of which documents are as follows:

“   PROPOSAL

BY THE  BOARD OF DIRECTORS TO THE

ORDINARY AND EXTRAORDINARY GENERAL MEETINGS OF STOCKHOLDERS

TO BE HELD, CONCURRENTLY, BY APRIL 30, 2012

Dear Stockholders:

The Board of Directors of Companhia Energética de Minas Gerais – Cemig,

– whereas:

a)               with regard to

–      Article 192 of Law 6404 of December 15, 1976, as amended,

–      Clauses 27 to 31 of the by-laws,

–      the Financial Statements for 2011, with net profit of R$ 2,315,450,000, and

–      the balance of retained earnings of R$ 128,979, arising from realization of the Reserve for Adjustments to Stockholders’ Equity,

the Board of Directors is required to make a proposal to the Ordinary General Meeting of Stockholders for allocation of the Company’s profit;

b)              Clause 5 (Incorporation to the Registered Capital) of the Contract for Assignment of the Remaining Balance Receivable on the Results Compensation Account (“the CRC Account”), signed on May 31, 1995, between the state of Minas Gerais and Cemig (“the CRC Contract”), determines that the amounts in fact paid by the State of Minas Gerais as principal shall be incorporated into the Company’s Registered Capital as “Donations and Subventions for Investments;

c)               the payments made by the State of Minas Gerais in relation to installments 13 to 16 of amortization of the principal, adjusted in accordance with the Fifth Amendment to the CRC Agreement, total R$ 31,491,000;

d)              Article 199 of Law 6404 of December 15, 1976, as amended, states that the balance of profit reserves cannot exceed the registered share capital, and under Article 169 of that Law the registered share capital of the Company may be altered by capitalization of reserves;

e)               on December 31, 2011, the amount of Cemig’s accumulated Profit Reserve was R$ 3,206,555,000, after deduction of the amounts allocated to pay the obligatory dividends and extraordinary dividends for 2011, and this amount is close to the amount of the registered Share Capital, of R$ 3,412,072,910 (three billion, four hundred twelve million, seventy two thousand, nine hundred and ten Reais);

f)                Cemig Geração e Transmissão S.A. (“Cemig GT”) and Cemig Distribuição S.A. (“Cemig D”) are wholly-owned subsidiaries of Cemig and will hold their Annual General Meetings by April 30, 2012; and

g)               Clause 21, §4, sub-clause “g” of Cemig’s by-laws states:

“Clause 12…

§4    The following decisions shall require a vote by the Executive Board: ...

g)               approval, upon proposal by the Chief Executive Officer, prepared jointly with the Chief Officer for Business Development and Corporate Control of Subsidiaries and Affiliates and the Chief Officer for Finance, Investor Relations and Financial Control of Holdings, of the statements of vote in the General Meetings of the wholly-owned and other subsidiaries, affiliated companies and in the consortia in which the Company participates, except in the case of the wholly-owned subsidiaries Cemig Distribuição S.A. and Cemig Geração e Transmissão S.A., for which the competency to decide on these matters shall be that of the General Meeting of Stockholders, and decisions must obey the provisions of these by-laws, the decisions of the Board of Directors, the Long-term Strategic Plan and the multi-year Strategic Implement Plan”;

– now proposes to you as follows:

I)                that the net profit for 2011 and the balance of retained earnings, in the amounts stated above, should be allocated as follows:

1)              R$ 109,210,000, or 4.52% of the net profit, to the Legal Reserve, in accordance with sub-clause “a” of the sole sub-paragraph of Clause 28 of the by-laws, but such allocation being limited to the maximum percentage of 20.00% of the balance of the registered Share Capital, as per Article 193 of Law 6404/1976.

2)              R$ 1,294,041,000, as dividends, to those stockholders whose names are on the company’s Nominal Share Register on April 27, 2012, as follows:

a)               R$ 1,207,725,000 as obligatory dividends, corresponding to 50% of the net profit, in accordance with sub-clause “b” of the sole sub-paragraph of Clause 28 of the by-laws and the applicable legislation.

b)              R$ 86,316,000 as complementary dividends in a percentage above the minimum obligatory dividend.

3)              R$ 1,141,178,000 to be held in Stockholders’ equity in the Reserve under the by-laws account provided for by sub-clause “c” of the sole sub-paragraph of Clause 28 and by Clause 30 of the by-laws.

– the payments of dividends to be made in two installments, by June 30 and December 30, 2012; and that these dates may be brought forward, in accordance with the availability of cash and at the option of the Executive Board.

Appendix 1 summarizes the calculation of the dividends proposed by Management, in accordance with the by-laws.

This text is a translation, provided for information only. The original text in Portuguese is the legally valid version.

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II)            Authorization, verification and approval of increase in the registered Share Capital:

III)        Consequent redrafting of the head paragraph of Clause 4 of the by-laws, to the following:

IV)        Authorization for the Executive Board to take the following measures in relation to the stock dividend:

a)   to attribute a stock dividend of 25 per cent, in new shares, of the same type as those held and with nominal value of R$ 5 (five Reais), to holders of the shares making up the capital of R$ 3,412,072,910.00, whose names are in the company’s nominal share registry on the date of the General Meeting of Stockholders that decides on this proposal;

b)   to sell on a securities exchange the whole numbers of nominal shares resulting from the sum of the remaining fractions, arising from the said stock dividend, and to share the net proceeds of the sale, proportionately, among the stockholders;

c)   to establish that all the shares resulting from the said stock dividend shall have the same rights as those shares from which they originate; and

d)   to pay to the stockholders, proportionately, the result of the sum of the remaining fractions jointly with the first installment of the dividends for the year 2011.

V)    That the representative of Cemig in the Ordinary General Meetings of Stockholders of Cemig Distribuição S.A. and Cemig Geração e Transmissão S.A., also to be held by April 30, 2012, should vote in favor of the matters on the agenda, that is to say the following:

Cemig D:

a)   Examination, debate and voting on the Report of Management and the Financial Statements for the year ended December 31, 2011, and the respective complementary documents.

b)   Proposal for allocation of the net profit for 2011, in the amount of R$ 719,971,000.

c)   Decision on the form and date of payment of the dividends and Interest on Equity, in the amount of R$ 683,972,000.

d)   Election of sitting and substitute members of the Board of Directors, if there is alteration in the composition of the Board of Directors of Cemig.

e)   Election of the sitting and substitute members of the Audit Board, due to the completion of the current period of office.

Cemig GT:

a)   Examination, debate and voting on the Report of Management and the Financial Statements for the year ended December 31, 2011, and the respective complementary documents.

b)   Allocation of the net profit for the year 2011, in the amount of R$ 1,269,012,000, and of the balance in the Retained Earnings account, in the amount of R$ 109,184,000.

c)   Decision on the form and date of payment of the dividends and Interest on Equity, in the amount of R$ 1,314,745,000.

d)   Election of sitting and substitute members of the Board of Directors, if there is alteration in the composition of the Board of Directors of Cemig.

e)   Election of the sitting and substitute members of the Audit Board, due to the completion of the current period of office.

As can be seen, the objective of this proposal is to meet legitimate interests of the stockholders and of the Company, and as a result it is the hope of the Board of Directors that you, the stockholders, will approve it.

Av. Barbacena 1200 Santo Agostinho 30190-131 Belo Horizonte, MG Brazil Tel.: +55 31 3506-5024 Fax +55 31 3506-5025

This text is a translation, provided for information only. The original text in Portuguese is the legally valid version.

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APPENDIX I

TO THE PROPOSAL FOR ALLOCATION OF THE NET PROFIT FOR 2011

MADE BY THE

BOARD OF DIRECTORS

TO THE

ANNUAL GENERAL MEETING TO BE HELD BY APRIL 30, 2012

CALCULATION OF PROPOSED DIVIDENDS

COMPANHIA ENERGÉTICA DE MINAS GERAIS – CEMIG

“   OPINION

OF THE

AUDIT BOARD

The members of the Audit Board of Companhia Energética de Minas Gerais – Cemig, undersigned, in performance of their functions under the law and under the by-laws, have examined the Proposal made by the Board of Directors to the Ordinary and Extraordinary General Meetings of Stockholders to be held, concurrently, on April 29, 2012, as follows:

I)                Allocation of the net profit for the year 2011, in the amount of R$ 2,415,450,000, and of the balance of Retained Earnings, in the amount of R$ 128,979,000, arising from realization of the Reserve for Adjustments to Stockholders’ Equity, as follows:

1)              R$ 109,210,000, or 4.52% of the net profit, to the Legal Reserve, in accordance with sub-clause “a” of the sole sub-paragraph of Clause 28 of the by-laws, but such allocation being limited to the maximum percentage of 20.00% of the balance of the registered Share Capital, as per Article 193 of Law 6404/1976.

2)              R$ 1,294,041,000, as dividends, to those stockholders whose names are on the company’s Nominal Share Register on April 27, 2012, as follows:

a)               R$ 1,207,725,000 as obligatory dividends, corresponding to 50% of the net profit, in accordance with sub-clause “b” of the sole sub-paragraph of Clause 28 of the by-laws and the applicable legislation.

Av. Barbacena 1200 Santo Agostinho 30190-131 Belo Horizonte, MG Brazil Tel.: +55 31 3506-5024 Fax +55 31 3506-5025

This text is a translation, provided for information only. The original text in Portuguese is the legally valid version.

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b)              R$ 86,316,000 as complementary dividends in a percentage above the minimum obligatory dividend.

3)              R$ 1,141,178,000 to be held in Stockholders’ equity in the Reserve under the by-laws account provided for by sub-clause “c” of the sole sub-paragraph of Clause 28 and by Clause 30 of the by-laws.

– the payments of dividends to be made in two installments, by June 30 and December 30, 2012, and these dates may be brought forward, in accordance with the availability of cash and at the option of the Executive Board.

II)            Authorization, verification and approval of an increase in the registered Share Capital

III)        Consequent redrafting of the head paragraph of Clause 4 of the by-laws, to the following:

“Clause 4    The company’s Share Capital is R$ 4,265,091,140.00 (four billion two hundred sixty five million ninety one thousand one hundred forty Reais), represented by:

a)     372,837,085 (three hundred seventy two million eight hundred thirty seven thousand eighty five) nominal common shares each with par value of R$ 5.00;

b)     480,181,143 (four hundred eighty million one hundred eighty one thousand one hundred forty three) nominal preferred shares each with nominal value of R$ 5.00.”

IV)   Authorization for the Executive Board to take the following measures in relation to the stock dividend:

a)   to attribute a stock dividend of 25 per cent, in new shares, of the same type as those held and with nominal value of R$ 5 (five Reais), to holders of the shares making up the capital of R$ 3,412,072,910.00, whose names are in the company’s nominal share registry on the date of the General Meeting of Stockholders that decides on this proposal;

b)   to sell on a securities exchange the whole numbers of nominal shares resulting from the sum of the remaining fractions, arising from the said stock dividend, and to share the net proceeds of the sale, proportionately, among the stockholders;

c)   to establish that all the shares resulting from the said stock dividend shall have the same rights as those shares from which they originate; and

d)   to pay to the stockholders, proportionately, the result of the sum of the remaining fractions jointly with the first installment of the dividends for the year 2011.

After carefully analyzing the proposals referred to, and considering, further, that the legal rules applicable to the matters have been complied with, the opinion of the members of the Audit Board is in favor of their approval by those Meetings.

Belo Horizonte, March 15, 2012.

The Chairman placed the proposal of the Board of Directors relating to items 2, 6, 10 and 11 of the Convocation in debate. It was then put to a vote, and approved by majority.

Av. Barbacena 1200 Santo Agostinho 30190-131 Belo Horizonte, MG Brazil Tel.: +55 31 3506-5024 Fax +55 31 3506-5025

This text is a translation, provided for information only. The original text in Portuguese is the legally valid version.

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Election of board members

The Chairman then informed the meeting that the period of office of the members of the Board of Directors ended on today’s date, and that a new election should thus be held for that Board, with a period of office of 2 (two) years, that is to say, up to the Ordinary General Meeting of Stockholders to be held in 2014 in accordance with the head paragraph of Clause 12 of the by-laws.

The Chairman stated that adoption of the Multiple Vote had been requested by the stockholder AGC Energia S.A., as per a letter in the Company’s possession, and that the votes of 19,142,156 will be necessary for the election of each member of the Board of Directors.

Finally, the Chairman pointed out that it will be necessary first, in view of Clause 12 of the by-laws, to proceed to election of the sitting member and his respective substitute member put forward by representatives of the holders of the preferred shares, and only then to apply the instrument of Multiple Vote to fill the remaining vacancies on the Board of Directors.

Asking for the floor, as owner of preferred shares, the representative of the stockholder Caixa de Previdência dos Funcionários do Banco do Brasil – Previ proposed the following stockholders to be members of the Board of Directors:

Sitting members:

Then, as holders of preferred shares, the stockholders represented by Mr. Bruno Robert put forward the following nominations for election to the Board of Directors:

Sitting member:

The Chairman submitted the above-mentioned nominations to debate, and, subsequently, to votes – separately, with only holders of preferred shares participating – and the nominations put forward by the stockholders represented by Mr. Bruno Robert were approved by majority of votes.

Av. Barbacena 1200 Santo Agostinho 30190-131 Belo Horizonte, MG Brazil Tel.: +55 31 3506-5024 Fax +55 31 3506-5025

This text is a translation, provided for information only. The original text in Portuguese is the legally valid version.

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Asking for the floor, the representatives of the stockholder AGC Energia S.A. then proposed the following stockholders to be members of the Board of Directors:

Sitting members:

– and as their respective substitute members:

This text is a translation, provided for information only. The original text in Portuguese is the legally valid version.

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The representative of the stockholder The State of Minas Gerais then asked for the floor, and proposed the following stockholders as members of the Board of Directors:

Sitting members:

– and as their respective substitute members:

This text is a translation, provided for information only. The original text in Portuguese is the legally valid version.

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The proposals for election made by the representatives of the stockholder AGC Energia S.A. and the representatives of the stockholder The State of Minas Gerais were put to debate, and, subsequently, to the vote, and were approved by majority of votes.

The representative of the stockholder AGC Energia S.A. voted for the board members that he had proposed, and the representative of the stockholder The State of Minas Gerais and the stockholders represented by Mr. Bruno Robert voted for the board members proposed by the representative of the majority stockholder.

The board members elected declared – in advance – that they are not subject to any prohibition on exercise of commercial activity, that they do not occupy any post in a company which could be considered to be a competitor of the Company, and that they do not have nor represent any interest conflicting with that of Cemig, and assumed a solemn undertaking to become aware of, obey and comply with the principles, ethical values and rules established by the Code of Ethical Conduct of Government Workers and Senior Administration of the State of Minas Gerais.

The Chairman further stated that, as a result of the change in the composition of the Board of Directors of Cemig and according to Clause 11, § 1º, of the Company’s by-laws, and Clause 8, §1 of the by-laws of Cemig D and of Cemig GT, there is a need for change of the composition of the Boards of Directors of the wholly-owned subsidiaries Cemig D and Cemig GT, because the structure and composition of the Boards of Directors and Audit Boards of those Companies must be identical to those of Cemig.

This text is a translation, provided for information only. The original text in Portuguese is the legally valid version.

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Election of the Audit Board

The Chairman then stated that the period of office of the members of the Audit Board ended with this present meeting, and that a new election should thus be held for that Board, with a period of office of 1 (one) year, that is to say, up to the Ordinary General Meeting of Stockholders to be held in 2013.

The Chairman said that this election would be carried out with separate voting, in the case of candidates indicated by holders of preferred shares and by minority stockholders of common shares.

The Chairman then placed the election of the sitting and substitute members of the Audit Board in debate.

The representative of the stockholder Caixa de Previdência dos Funcionários do Banco do Brasil – Previ), also as holder of preferred shares, asked for the floor and, accompanied by the stockholders represented by Mr. Bruno Roberto and Mr. Fábio do Prado Brandão Totti, proposed the following for membership of the Audit Board:

Sitting member:

The Chairman then submitted the above-mentioned nominations to debate, and, subsequently to votes – separately, with only holders of preferred shares participating.

The nominations by the stockholder Caixa de Previdência dos Funcionários do Banco do Brasil – Previ were approved by majority.

Asking for the floor, the representative of the stockholder AGC Energia S.A., for the minority common stockholders, proposed, as a sitting member of the Audit Board:

– and as his substitute member:

The above nominations were put to debate and then to the vote – separately – and were approved by majority.

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Asking for the floor, the representative of the stockholder The State of Minas Gerais, as majority stockholder, put forward the following nominations for members of the Audit Board:

Sitting members:

– and as their respective substitute members:

The nominations of the representative of the stockholder The State of Minas Gerais were put to debate, and to the vote, and approved by majority.

The members of the Audit Board elected declared – in advance – that they are not subject to any prohibition on exercise of commercial activity, and assumed a solemn undertaking to become aware of, obey and comply with the principles, ethical values and rules established by the Code of Ethical Conduct of Government Workers and Senior Administration of the State of Minas Gerais.

Remuneration of Management

The Chairman then placed in debate the remuneration of the Managers of the Company and of the members of the Company’s Audit Board.

Asking for the floor, the representative of the Stockholder The State of Minas Gerais asked the Chairman to put the following proposal before the stockholders for consideration:

1      Having in mind that the Company now has eleven Chief Officer’s Departments, to specify the Global Annual Allocation for Remuneration of Management and the Audit Board, comprising the Board of Directors, the Executive Board and the Audit Board, at a maximum of R$ 16,400,000.00 (sixteen million four hundred thousand Reais), including health insurance for the Chief Officers, to be contracted at the same level of the Health Plan as is in effect for the Company’s employees; the monthly fees payable to the Chief Executive Officer to be R$ 35,000.00 (thirty five thousand Reais); the monthly fees payable to the other Chief Officers, individually, to be R$ 30,000.00 (thirty thousand Reais); and the amounts at present paid to the other Chief Officers as paid leave, bonuses and other benefits to be increased in the same proportion.

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2                 To establish that the monthly remuneration of each one of the members of the Board of Directors – excluding those sitting and substitute members who exercise the position of Chief Officers, and subject to the condition relating to the payment of jeton mentioned in Item 3 below – should be equivalent to 20% (twenty per cent) of that earned, on average, by a Chief Officer of the Company, in other words should be R$ 6,090.91 (six thousand ninety Reais and ninety one centavos).

3                 To establish that the sitting members of the Board of Directors should receive 50% (fifty per cent) of the monthly remuneration stipulated, the rest being divided into jetons paid to the sitting member or to the substitute member who replaces that member during meetings.

In the event of there being more than one meeting in the month, the jeton will be divided proportionately over the number of meetings held, and received by the sitting member or by the substitute member who replaces that member; in the event of there not being a meeting in the month, the sitting member shall receive the total amount of the monthly remuneration; in the event of there being a meeting in the month and neither the sitting member nor his or her substitute member attending, the portion relating to the jeton shall not be payable, and the sitting member shall receive the fixed portion.

4                 To establish that sitting and substitute members of the Board of Directors and the Audit Board who are resident in other municipalities than that of the head office of the Company shall be reimbursed such expenses of travel and accommodation between the municipality where their home is located and that of the Company’s head office as are necessary for their attendance at the meetings or carrying out their functions, and shall also receive, as cost support, the equivalent of 10% (ten per cent) of the total monthly remuneration of the member, for each meeting they attend.

5                 To establish that the fees of the Executive Board and the remuneration of the members of the Board of Directors and of the Audit Board shall be paid on the same dates as the remuneration of the Company’s employees.

6                 To establish that the monthly remuneration of each sitting member of the Audit Board shall be equivalent to 10 (ten per cent) of the average remuneration of a Chief Officer of the Company, that is to say shall be R$ 3,045.45 (three thousand forty five Reais and forty five centavos); and also that the monthly remuneration of each substitute member of the Audit Board shall be equivalent to 80% (eighty per cent) of the monthly remuneration of the Sitting member, that is to say shall be R$ 2,436.36 (two thousand four hundred thirty six Reais and thirty six centavos), in both cases excluding the benefits normally applicable under the Law.

7                 To establish remuneration equivalent to that referred to in Item 2 above, for the substitute members of the Board of Directors who are members of the Board of Directors’ Support Committee – with the exception of those members who exercise the position of Chief Officers, and subject to the criteria mentioned in Item 3 above.

8                 To establish that the substitute members of the Board of Directors who are members of the Board of Directors’ Support Committee – except those board members who hold positions of Chief Officer – should receive only the remuneration relating to Item 7 above, even if they replace sitting members in meetings.

9                 To establish that sitting members of the Board of Directors who are members of the Board of Directors’ Support Committee – excluding those board members who hold positions of Chief Officer – should receive only the remuneration specified in Item 3 above.

The proposal of the representative of the stockholder The State of Minas Gerais was placed in debate, then put to the vote, and unanimously approved.

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Publications

The Chairman then informed the meeting that:

The publications effected by Cemig in compliance with Law 6404 of December 15, 1976, as amended, will be made in Minas Gerais, the official publication of the Powers of the State, and also in the newspaper O Tempo, the latter until a choice is made, by the process of tender, of a large-circulation newspaper published in the locality where the Company’s head office is situated, without prejudice to the possibility of publication also in other newspapers.

In this event, Cemig will publish a Notice to Stockholders stating the new newspaper for the publications specified in the above-mentioned Law. The meeting being opened to the floor, the representative of the stockholder The State of Minas Gerais took the floor, and placed on record the importance of compliance with State Decree 45644/2011.

Closing

The meeting remaining open to the floor, and since no-one else wished to speak, the Chairman ordered the session suspended for the time necessary for the writing of the minutes.

The session being reopened, the Chairman, after putting the said minutes to debate and to the vote and verifying that they had been approved and signed, closed the meeting.

For the record, I, Anamaria Pugedo Frade Barros, Secretary, wrote these minutes and sign them together with all those present.

Av. Barbacena 1200 Santo Agostinho 30190-131 Belo Horizonte, MG Brazil Tel.: +55 31 3506-5024 Fax +55 31 3506-5025

This text is a translation, provided for information only. The original text in Portuguese is the legally valid version.

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8.             Earnings Release – First Quarter 2012

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Earnings Release: 1Q 2012

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—— Cemig invitation

Announcement of first quarter 2012 results

VIDEO WEBCAST AND CONFERENCE CALL

May 14, 2012 (Monday), at 3 PM – Brasília time

The transmission of Cemig’s results will have

simultaneous translation into English and can be seen in real time by

Video Webcast, at http://ri.cemig.com.br or heard by conference call on:

(+55-11) 4688 6341

Password:CEMIG

Playback of Video Webcast:

Website:http://ri.cemig.com.br

Click on the banner and download.

Available for 90 days

Playback of conference call:

Tel.:(11) 4688-6312

Password:

2353600 (Portuguese)

9458274# (English)

Available: May 14 through 20, 2012

For any questions please call +55 31 3506-5024.

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—— Cemig’s Executive Investor Relations Team

§             Chief Finance and Investor Relations Officer

Luiz Fernando Rolla

§             General Manager, Investor Relations

Antonio Carlos Vélez Braga

§             Manager, Investor Market

Stefano Dutra Vivenza

—— Cemig: your IR contacts

http://ri.cemig.com.br/

ri@cemig.com.br

Tel.:     +55-31 3506-5024

Fax:     +55-31 3506-5025

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Contents

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—— Disclaimer

Certain statements and estimates in this material may represent expectations about future events or results that are subject to risks and uncertainties that may be known or unknown.There is no guarantee that the events or results will take place as referred to in these expectations.

These expectations are based on the present assumptions and analyses from the point of view of our management, in accordance with their experience and other factors such as the macroeconomic environment, and market conditions in the electricity sector; and on expected future results, many of which are not under Cemig’s control.

Important factors that could lead to significant differences between actual results and the projections about future events or results include Cemig’s business strategy, Brazilian and international economic conditions, technology, Cemig’s financial strategy, changes in the electricity sector, hydrological conditions, conditions in the financial and energy markets, uncertainty on our results from future operations, plans and objectives, and other factors.Because of these and other factors, the real results of Cemig may differ significantly from those indicated in or implied by such statements.

The information and opinions herein should not be understood as a recommendation to potential investors and no investment decision should be based on the veracity, currentness or completeness of this information or these opinions.None of Cemig’s professionals nor any of their related parties or representatives shall have any liability for any losses that may result from the use of the content of this material.

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To evaluate the risks and uncertainties as they relate to Cemig, and to obtain additional information about factors that could originate different results from those estimated by Cemig, please consult the section on Risk Factors included in the Reference Form filed with the Brazilian Securities Commission – CVM – and on the 20-F form filed with the U.S. Securities and Exchange Commission – SEC.

Figures are in R$ ’000, except where stated as “million” or billion”.

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—— From the CEO and CFO

Cemig’s CEO, Mr. Djalma Bastos de Morais, makes the following comments: “ The exceptional results that we present for the first quarter of 2012 reflect the success of our Long-term Strategic Plan, and of the strategy that is linked to it. By focusing on the long term, this Plan enables Cemig to present growing results, with a balanced portfolio of businesses, and with low risk. We do not cease to “do our homework”, growing in a balanced fashion across all our sectors, with our focus on operational excellence. The results show that we are on the right path – and in particular that the decisions taken in the last few years are having the effect we intend: constantly adding value to our businesses, and making Cemig a company with continuously increasing strength and solidity, led by efficient corporate management”.

Cemig’s Chief Finance and Investor Relations Officer, Luiz Fernando Rolla, comments as follows: “In this first quarter we have continued to generate consistent, robust cash flow as a result of our operations – and, as intended, add value to our businesses. Our Ebitda in 1Q12 is R$ 1.4 billion, 11% more than in the first quarter of 2011 – benefiting from our policy of maintaining high levels of operational efficiency.This excellence is evidenced by our net income, of R$ 631 million in the first 3 months of this year, 20% more than in 1Q11. We are now operating at a new level of results, which reflects the correctness of our strategy of growing through acquisitions and new projects, within the process of consolidation of the Brazilian electricity sector. Our solid cash position of R$ 2.2 billion provides the basis for execution of our Strategic plan, dividend policy and

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debt management, and also the execution of planned investments, including those associated with acquisition opportunities. The excellent results we present today show that we continue to add value, both continuously and sustainably, for all our shareholders – and all our other shareholders.

In this release, we summarize the main points of our results for 1Q11. ”

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—— Highlights of 1st quarter 2012

–    Cash flow, measured as Ebitda: R$1.4 billionin 1Q12, 11.4% more than in 1Q11.

–    Net profit up 20.0%YoY in 1Q12, at R$ 631 million.

–    1Q12 net revenue overR$ 4 billion – up 15.0%YoY.

–    Total volume sold in 1Q112: 18,619 GWh,2.6% more than in 1Q11.

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—— The economic context

Unemployment in Brazil remained low in the first quarter of the year – at 6.2% – compared to most of the world’s mature economies.This figure is strengthened by the fact that Brazil’s economically active population has grown in recent years to a total of more than 24.1 million people.

In spite of its strong economic activity, Brazil’s Expanded Consumer Price Index (Índice de PreçosaoConsumidorAmplo, or IPCA), the Central Bank’s main reference figure for inflation, posted 12-month inflation of 5.24% at the end of the first quarter of 2012.Since 2004, the 12-month inflation rate had been within the targets – of between 2.5% and 6.5% – established for the ends of each year by the National Monetary Council (ConselhoMonetárioNacional, or CMN).

With the low level of unemployment, and inflation under control, the Brazilian worker’s average real income has been growing vigorously, which has made it possible for the lowest income groups to progress upward.The Brazilian worker’s average monthly wage at the end of first quarter 2012 was R$ 1,728.40, an increase of 3.5% at the margin, and

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5.6% in relation to the same date a year before.  These facts, together with the strong expansion of total lending in the Brazilian economy – to a total close to 50% of GDP at the end of 2011 – have consolidated the strength of the country’s consumer market.

To support continuing Brazilian economic growth, the federal government has been investing in infrastructure through its Second Accelerated Growth Program (Programa de Aceleração do Crescimento 2,or PAC 2), which is expected to arrange for investment of R$ 1.1 trillion in the energy sector: R$ 461.6 billion by 2014, and R$ 626.9 billion after that date.There are projects in development for 76 new generation plants, to deliver new generation capacity totaling 26,252 MW.A further 21 transmission lines and 19 substations are under construction as part of the Program. The National Electricity Research Company (Empresa de Pesquisa Energética, EPE) expects total electricity consumption in Brazil to grow at an annual rate of 4.5%, to a total of 736,000 GWh in 2021.

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—— Appreciation inCemig’s stock prices

Source: Economática. Prices adjusted for proceeds, including dividends.

The Bovespa index, the principal Brazilian stock exchange index, recovered significantly in this first quarter, reflecting the reduction in external uncertainties, rising 13.72% over the three months. Cemig’s PN (preferred) and ON (common) shares once again showed an outstanding performance, with rises of 31.1% and 38.7%, respectively, in the quarter – also outperforming the IEE, the index of stocks in the Brazilian electricity sector, which appreciated by 8.84% in the quarter.

—— Volume, revenue, Ebitda, net profit