DECREE NO. 3,485, OF May 25, 2000.

Authorizes the deposit of Union-owned shares in the Federal Corporate Debt Amortization Fund-FAD, and gives other providences.

THE PRESIDENT OF THE REPUBLIC, in the use of the assignment that confers it on art. 84, inciso IV, of the Constitution, and with a view to the provisions of the arts. 30 of Law No. 9,069 of June 29, 1995, and 3º of Decree No. 1,312, of November 18, 1994.

DECRETA:

Art. 1º Stay authorized the deposit, in the Amortization fund of the Furnished Public Debt Federal-FAD, of which it treats art. 29 of Law No. 9,069 of June 29, 1995, of the following actions broken down:

I-of the ELETROPAULO METROPOLITANA-Electricity São Paulo S.A.: 3,335,596,142 Nominative common shares, entitled to vote, representative of 7.97% of the social capital;

II-of the Company Paulista de Transmitting Power S.A. -EPTE. 5,112,975,370 nominative common shares, entitled to vote, representative of 13.84% of the social capital;

III-of the Bandeirante Energia S.A.: 2,564,427,959 nominative common shares, with a right to vote, representative of 17.44% of the social capital.

Art. 2º It should also be deposited in the Federal Corporate Social Dividend Amortization Fund-FAD the misfolds of the shares discriminated against in the previous article, before the respective alienation.

Art. 3º This Decree takes effect on the date of its publication.

Brasilia, May 25, 2000; 179º of Independence and 112º of the Republic.

FERNANDO HENRY CARDOSO

Pedro Malan