(Source: Business Wire)

Deutsche Bank today announced its appointment as successor depositary
bank for the New York Stock Exchange (NYSE)-listed American Depositary
Receipt (ADR) program of CPFL Energia S.A. (CPFL Energia).
CPFL Energia is the largest private company in the Brazilian electricity
sector based on market share with over 90 years of operating history.
Through its subsidiaries, it distributes, generates and commercializes
electricity in Brazil.
CPFL Energia is a market leader in Brazil in both electricity
distribution and commercialization, with market shares of 13% and 22%,
respectively. During the year ending December 31, 2008, CPFL Energia's
sales in its distribution companies' concession areas reached 49,033
GWh. CPFL Energia distributes energy to 6.5 million customers, located
mainly in economic and industrial centers in Brazil, in upstate São
Paulo and Rio Grande do Sul, as well as in some municipalities in the
states of Paraná and Minas Gerais. The sales in the electricity
commercialization segment reached 8,904 GWh.
CPFL Energia holds a 2% market share in Brazilian electricity
generation. CPFL Energia has an installed capacity to generate 1,737 MW
of electricity, which it expects will reach 2,202 MW in year 2010,
following the completion of two electricity generation projects that are
under construction: the Foz do Chapecó hydroelectric generation facility
and the Baldin thermoelectric power plant (a biomass generation project).
CPFL Energia's ADRs currently trade on the NYSE under the symbol CPL.
The company's ordinary shares are listed on the São Paulo Stock Exchange
(BM&FBOVESPA) under the symbol CPFE3. Each ADR represents three ordinary
shares.
"We are pleased with the appointment of Deutsche Bank as our new ADR
depositary and are looking forward to working with the global team to
continue to enhance our relationship with investors", said José Antonio
de Almeida Filippo, Chief Financial and Investor Relations Officer at
CPFL Energia.
Akbar Poonawala, Head of Global Equity Services at Deutsche Bank said,
"We are delighted to be appointed as depositary bank for CPFL Energia's
NYSE-listed ADR program. We very much look forward to working with CPFL
Energia to ensure that their ADR holders receive the highest level of
specialized service.