Trading Policy for Securities Issued by the Company

I – DEFINITION AND SCOPE

1. The definitions for the terms used in this Trading Policy document are at the Applicable Definitions for the Policy of Disclosure and Trading, in the Attachment I herein.

2. The controlling shareholders of the Company, its executive officers, members of the board of directors, fiscal council and members of any other Statutory Bodies with technical and consulting functions, created under the terms of the Company’s Bylaws, managers and employees, that by virtue of office, function or position, takes cognizance of the information relating to the material information and any other person the Company deems necessary, such as auditors, consultants and assistants of any kind shall enter into a Declaration of Compliance becoming a signatory person as provided for herein.

II – PURPOSE

3. The purpose of the present Policy for Trading is to establish rules and procedures to be complied with by any person subject to the provisions

of this present policy regarding the trading of securities. The rules in this Policy establish periods in which the persons subject to the rules of this

Policy should refrain from trading securities in order to avoid suspicion of inappropriate use of yet undisclosed Material Information. The Company’s Trading Policy was drafted pursuant to CVM Instruction # 358/2002.

4. Any doubts about the provisions of this Trading Policy, the applicable regulation issued by CVM and/or trading restrictions shall be reported to

the policy manager nominated by the Company’s Board of Directors for clarification.

III – INSIDER TRADING PROHIBITIONS

5. Security trading and the rendering of investment advice and assistance services by designated persons who have access to yet undisclosed

Material Information and/or disclosure date is strictly forbidden.

6. The designated persons who retire from their functions in the Company’s management prior to the disclosure of Material Fact occurring before their retirement may only trade securities (i) after a sixmonth period starting as of their retirement or (ii) upon the public disclosure of the Material Information.

7. The prohibition of this Trading Policy includes trading directly or indirectly undertaken by designated persons, with the exception of the operations of funds where the designated persons are quota holders, provided that these funds are not exclusive investment funds or investment funds in which the decisions of the fund manager are directly influenced by any designated person.

8. Designated persons must make sure that the people with whom they maintain commercial, professional or trust relationships do not trade

securities when they have access to undisclosed Material Information. Hence, designated persons should ensure that all the people who have

access to Material Information unconditionally comply with the Declaration of Compliance entered into by them.

9. Designated persons shall not trade securities at any time when a publicly-known process of purchase or sale of the Company’s shares is

in progress; at all times an agreement or contract providing for the transference of the Company’s control, or if any option or mandate has

been granted for the same ends; and, finally, at any moment when there is the intention to make merger, acquisition, total or partial spin-off and

ownership structure alteration or restructuring of any kind. This prohibition will be valid until the completion of the respective process.

10. Designated persons must comply with trading prohibitions until the Material Information is disclosed. However, should any eventual trading

of securities by designated persons potentially jeopardize the Company or its shareholders, the aforementioned prohibition shall be maintained.

11. The Material Information shall be considered undisclosed, despite any dissemination arrangements taken, until it is actually made public by the means of communication usually used by the Company under the terms of the applicable legislation.

IV – NON-TRADING PERIOD

12. Designated persons shall refrain from trading securities fifteen days prior to the disclosure of the annual and quarterly results required by CVM.

V – FINAL PROVISIONS

13. Designated persons are always allowed to carry out private purchase of shares issued by the Company by exercising stock options under the

terms approved by the General Meeting. The purchase, maintenance and sale of shares purchased by these means should comply with the

provisions of the plan approved by the General Meeting.

14. When signing the Declaration of Compliance, designated persons should inform the Company, by addressing the Policy Manager, the number, characteristics and purchase conditions of the Company’s shares they own, being bound to immediately report any alteration in that respect until the fifth business day of the month immediately subsequent to the one in which these alterations occur, indicating the shareholder’s position in the period.

15. The company may establish additional non-trading periods for securities, applicable to designated persons should be immediately reported.

16. The Company’s Executive Office may exceptionally allow designated persons to trade securities in the non-trading periods established by this Trading Policy upon written request justifying the need for trading.

17. Designated persons shall report any violation of this Trading Policy to the Company, by addressing the Policy Manager.

VI - PENALTIES

18. Any designated person who violates any of this Trading Policy’s provisions is bound to indemnify the Company and/or other designated

persons, fully and with no limitation, for any loss directly or indirectly incurring from such violation.

Attachment I

to the TRADING POLICY FOR SECURITIES ISSUED BY THE COMPANY APPLICABLE DEFINITION FOR THE TRADING POLICY FOR SECURITIES ISSUED BY THE COMPANY

Stock Exchanges – Refers to the São Paulo Stock Exchange – Bovespa and any other stock exchange or organized trading market where the Company is allowed to trade its securities.

Company – Companhia Paranaense de Energia – Copel Policy Manager – a Company’s executive officer nominated to follow up and monitor the accomplishment of the terms of the Policy of Disclosure and Trading Policy.

CVM – Brazilian Securities and Exchange Commission

Investor Relations Officer – a Company’s executive officer elected to be engaged in the assignments foreseen in the CVM’s regulation.

Material Information – Any decision from the controlling shareholder, deliberations from the General Meeting or entity of the Company’s management or any act or fact of public-management, technical, business or economicfinancial nature occurred or related to the Company’s business, that could substantially influence: (i) the securities’ quotation; (ii) the investors’ decision to buy, sell or maintain securities; or (iii) the decision of investor to exercise any rights regarding their condition as securities holder. Examples of material information are available in Article 2 of the Instruction 358/2002 issued by CVM.

Stock Options – Right to acquire shares issued by the Company granted to board members and other employees, under the terms of Stock Option Guarantee Plan approved by the General Meeting.

Designated signatory person – Includes, in the Company and its controlling company and/or jointly-controlled company, its controlling shareholders, directly and indirectly, executive officers, members of the Board of Directors and the Fiscal Council and any other Statutory Bodies with technical or consulting functions, and whomever, by virtue of office, function or position, takes cognizance of the information relating to material act of fact and had purposely adhered to this Policy for Disclosure and/or Trading Policy. The related person that had adhered to the Trading Policy not necessarily are obliged to comply with the rules of the Policy for Disclosure, and vice versa, depending on the Declaration of Compliance reached between the parties.

Policy for Disclosure – Policy for Disclosure of Relevant Information and Confidentiality

Trading Policy – Trading Policy for Securities Issued by the Company Declaration of Compliance – Official instrument signed by the related person and recognized by the Company, through which the related person confirms knowledge of the Policy for Disclosure or Trading Policy rules, each case, taking the obligation of complying and to ensure that the rules are accomplished by those who are under its influence, including controlling company, subsidiaries or jointly controlled companies, spouse and dependents, directly or indirectly.

Securities – Shares, debentures, subscription bonus, receipts and subscription rights, promissory notes issued by the Company, deposit certificate for these securities and future contracts and derivatives referent to any of these securities.