1. Corporate Profile
CPFL Energia is a holding company that, throught its subsidiaries, After the IPO in September 2004, CPFL Energia became the
distributes, commercializes and generates energy in Brazil, first Brazilian private company to simultaneously trade on
standing as the largest private group in the Brazilian electric the São Paulo Stock Exchange (Bovespa Novo Mercado) and
sector. Its subsidiaries are widely recognized for its excellence on the NYSE as Level III ADR, both requiring the highest
and sustainability of their business practices and regarded as levels of Corporate Governance practices.
benchmarks in management, quality and operating efficiency.
Corporate Structure
Free Float
1
28.6% 31.1% 12.7% 27.6%
100% 100% 100%
100% 100%
100%
65%
99.99%
99.95% 25.01%
100% 48.72%
100%
51%
100%
100%
96.56% 100% 90.15%
59.93%
90.15% 89.81%
87.80%
89.75%
1
Including 0.2% from others Note: As of July 31th, 2008

2. Service Territory
Declared Dividends1 vs. Annualized Dividend Yield2
Dividends
Declared Dividend (R$ million) Dividend Yield
CPFL Energia announced dividend based on the
10.9%
first half-year of 2008 in the amount of R$ 602 9.6% 9.7%
9.1% 8.7%
million, which corresponds to R$ 1.25 per share
6.5% 842 7.6%
approximately. This dividend represent 100% 722 719
of CPFL net profit, a measure which surpasses 612 602
3.7% 498
the current dividend policy which stipulates 401
a payout of not less than 50% of net income 140
adjusted half-yearly. The 1H08 dividend yield,
calculated from the average price of the period
2H04 1H05 2H05 1H06 2H06 1H07 2H07 1H08
(R$ 36.11) is 7.6%. The Shares will be traded CPFL Price (R$/ON)
Average
ex-dividend on August 20, 2008. 16.58 18.85 23.33 30.05 28.25 31.74 35.99 36.11
Since the IPO (2H04), CPFL Energia’s dividend yield has already reached 57.0%3
1
Refer to declared dividend:Payment in the next half year | 2Considering last two half-year’s dividends yield
| 3IPO price per share: R$ 17.22

3. Fact Sheet 2Q08 | CPFL Energia
Value Creation Agenda Goals Strategies
Operational Efficiency
CPFL Energia’s success is supported by clearly defined Value Synergic Growth
business strategies and by management excellence Liquidity Financial Discipline
criteria directed to the sustained growth of its Security Sustainability and Corporate Responsibility
businesses. Differentiated Corporate Governance
Market
Total Energy Sales – GWh1
Sales by Customer Class2 – 2Q08
2.7%
11,016 11,313
31.2% Residential
18.1% Commercial
8,687 9,121
6.3% Rural
Captive Market
2,329 2,192 Free Market 11.8% Others
2Q07 2Q08 32.5% Industrial
1
Excluding transactions between group’s companies (consolidation accouting criteria), CCEE and generation sales (except to the free market) | 2 Captive Market
Financial Performance
Net Revenue (R$ million) Ebitda (R$ million) Net Income (R$ million)
3.9%
2,310 -11.8% -11.1%
2,224 814
718 369
329
2Q07 2Q08 2Q07 2Q08 2Q07 2Q08
Adjusted Net Debt / EBITIDA3 (R$ billion) Debt breakdown
Net Debt /EBITDA
6.28 Adjusted Net Debt 48.1% CDI
51.4% CDI
4.92 5.40
5.09
4.39 4.42
3.78 3.70
2.85 18.4% IGP 15.3% IGP
2.25
1.74 1.57 1.78
1.53
28.5% TJLP 29.7% TJLP
4.1% Dollar 2.8% Dollar
2002 2003 2004 2005 2006 2007 2Q08
0,9% Others 0,8% Others
3
Last 12 monts EBITDA 2Q07 2Q08

4. Fact Sheet 2Q08 | CPFL Energia
Corporate Governance Sustainability and
Corporate Responsibility
CPFL Energia adopts differentiated practices of Corporate CPFL Energia believes that the pursuit of sustainability is a process
Governance, based on the principles of transparency, fair that demands the constant and innovative management of economic,
ness, accountability and corporate responsibility. environmental and social impacts together with the maintenance of
ethical and transparent relationships with all its stakeholders.
Shares are listed on Bovespa’s Novo Mercado and ADS’s The company has a management model structured on a diversity of
Level III on the New York Stock Exchange programs classified in the following groups:
100% of Common Shares with 100% of Tag Along
Free Float of 27.6% Environmental education for the communities
Subsidiary Companies’ Bylaws aligned to CPFL Energia Bylaws Environment Conservation of biodiversity
Financial Statements in compliance with US GAAP and BR Conscientious corporate consumption.
GAAP standards New Clean Development Mechanism
Report in consensus with Global Reporting Initia tive-GRI Technologies and Projects (MDL)
Board of Directors consists of seven members, one being
Community CPFL Program of Volunteerism
independent
Municipal Council Support Program for the
3 Board Advisory Committees to the Board of Directors Rights of Children and Adolescents (CMDCA)
Board of Directors and Fiscal Council self-evaluation The CPFL Program for the Revitalization of
Review of Ethics and Corporate Conduct based on recom Philanthropic Hospitals
mendations in the Sarbanes-Oxley Act
CPFL complies with section 404 of the Sarbanes-Oxley Act Internal Program of Reflection and Ethical Management
Personnel Respect for Diversity Program
Value Network
Value Chain
The Tear Program
Knowledge CPFL Culture
Management Communications for Sustainability
Shares’ Information1
06/30/2008
CPFE3 (R$) CPL (US$) Ownership breakdown
Shares Price 36.30 68.36
Maximum – 52 weeks 41.95 76.40 72.4% Controlling block
Minimum – 52 weeks 29.75 45.78
27.6% Free-float
Market Cap R$ 17.4 Billion
US$ 10.9 Billion
Market Cap 479,910,938
Exchange Rate 2 R$/US$ 1.59
1
Without income adjustments | 2 Dollar Ptax
Investor Relations
CPFL Energia – Rodovia Campinas Mogi-Mirim, Km 2,5 | Zip Code 13088.900 | Campinas | SP
Phone: 55 19 3756-6083 | Fax.: 55 19 3756-6089 | www.cpfl .com.br/ir | ri@cpfl.com.br