Indicate by check mark whether the registrant by furnishing the information contained in this Form 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____.
SUMMARY OF RESOLUTIONS OF THE
199th MEETING OF THE BOARD OF DIRECTORS
CPFL Energia S.A. informs its shareholders and the market in general, that at the 199th Meeting of the Board of Directors held on March 28, 2012 the following matters were resolved:
I. Approval: Contracting of the Goals of CPFL Energia’s Board of Executive Officers for the fiscal year 2012;
II. Approval: Counting of the results of the goals of CPFL Energia’s Board of Executive Officers in the year 2011;
III. Approval and Vote Recommendation: Review of the 2012 budget of CPFL Energia and controlled companies;
IV. Approval and Vote Recommendation: Contracting of performance bonds policies, by controlled companies, and elevation of the accumulated limit that can be contracted and the guarantee limit by CPFL Energia;
V. Other matters unrelated to CVM Instruction 358/2002, as amended.
São Paulo, March 28, 2012.
CPFL ENERGIA S.A. | ||
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By: |
/S/ LORIVAL NOGUEIRA LUZ JUNIOR
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Name: Title: |
Lorival Nogueira Luz Junior Chief Financial Officer and Head of Investor Relations |
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.