CURITIBA, Brazil, March 23 /PRNewswire-FirstCall/ -- Companhia Paranaense de Energia - COPEL (NYSE: ELP; LATIBEX: XCOP; BOVESPA: CPLE3, CPLE5, CPLE6), a company that generates, transmits and distributes power to the State of Parana, announces its results for the year 2008. All figures included in this report are in Reais and were prepared in accordance with Brazilian GAAP. This report presents cumulative data through December 2008 compared with the same period in the previous year. -- COPEL's consolidated financial statements present, in addition to the figures of the wholly-owned subsidiaries COPEL Geracao e Transmissao, COPEL Distribuicao, COPEL Telecomunicacoes and COPEL Participacoes, those of Compagas, Elejor, UEG Araucaria and Centrais Eolicas do Parana (companies in which COPEL retains a majority stake). From January 2008 on, Domino Holdings started to be partially consolidated (45%). -- Net operating revenues: R$ 5,459 million - up 4.9%. -- Operating income: R$ 1,555 million. -- Net income: R$ 1,079 million (R$ 3.94 per share) - a 2.5% decrease in relation to 2007. Net Income in 4Q08 was R$ 180 million. -- EBITDA (earnings before interest, taxes, depreciation and amortization): R$ 1,851 million. EBITDA in 4Q08 was R$ 381 million. -- Return on net equity: 15.5%. -- Total power consumption billed by COPEL to captive customers in 2008 rose by 6.0% over 2007. COPEL Distribuicao's grid market grew by 5.6%. -- The Company's shares and main indexes presented the following variations from January through December 2008: CPLE3 (common/Bovespa) = -25.4% IBOVESPA = -41.2% CPLE6 (preferred B/Bovespa) = -10.5% DOW JONES (NYSE) = -33.8% ELP (ADR/NYSE) = -30.2% LATIBEX = -51.8% XCOP (preferred B/Latibex) = -28.4% 2008 Results Conference Call Date: Tuesday, March 24, 2009 Time: 2:00 p.m. (US EDT) Telephone: (1) 786-924-6977 Code: COPEL Contacts: Investor Relations - COPEL Solange Elizabeth Maueler Gomide Telephone: Fax: +55 (41) 3222-2027 +55 (41) 3331-2849 E-mail: DATASOURCE: Companhia Paranaense de Energia - COPEL CONTACT: Solange Elizabeth Maueler Gomide, COPEL, +011-55-41-3222-2027, or fax, +011-55-41-3331-2849,

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