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____
NOTICE TO THE MARKET
CPFL Energia S.A. (CPFL Energia), a Brazilian holding company that, through its subsidiaries, distributes, generates and commercializes electricity in Brazil, announces that shareholders participating in its Ordinary and Extraordinary General Shareholders Meeting, to be held on April 29 2005, will ratify a dividend distribution for the fiscal year 2004 in the amount of R$ 140,146,705.59. The distribution will be paid in 2005 at a time determined by CPFL Energias executive officers.
The table below shows the total dividends per thousand block shares:
Dividends | Number of Shares | Dividends (in Brazilian Reais -R$) |
Reais per thousand block shares (1,000) |
Common Shares | 451,628,769 | 140,146,705.59 | 310.31 |
Preferred Shares | - | - | - |
Total | 451,628,769 | 140,146,705.59 | 310.31 |
CPFL ENERGIA S.A.
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By: /S/
JOSÉ ANTONIO DE ALMEIDA FILIPPO
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Name: José Antonio de Almeida Filippo
Title: Chief Financial Officer and Head of Investor Relations
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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.