TEXT-Fitch cuts Centrais Eletricas Matogrossenses S.A.

(The following statement was released by the rating agency)
May 30 -Fitch Ratings has taken the following rating actions on Centrais
Eletricas Matogrossenses S.A. (Cemat), a subsidiary of Rede Energia
S.A. (Rede Energia):

Cemat

--Local and foreign currency Issuer Default Ratings (IDRs) downgraded to
Restricted Default ('RD') from 'C';

--Long-term national scale rating downgraded to 'RD(bra)' from 'C(bra)'.

Fitch also rates Rede Energia and its subsidiary Centrais Eletricas

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