News

Rio de Janeiro, December 26th, 2014 - BR MALLS PARTICIPAÇÕES S.A., a publicly held company headquartered at Avenida Borges de Medeiros nº 633, 1st floor in the city and state of Rio de Janeiro ("BRMALLS"), pursuant to Article 12 of CVM Instruction 358/02, hereby announces that it received, on December 24th, 2014, from its shareholder Coronation Fund Managers Ltd, headquartered at Montclare Place, Corner Main e Campground Roads, Claremont, Cape Town, 7708, South Africa, the information that:

(i) on December 18th, 2014, funds managed by Coronation Fund Managers Ltd reached, an aggregate, 23,040,273 (twenty three million, forty thousand, two hundred and seventy three) common shares of the Company, representing 5.0% of the Company‘s capital stock;

(ii) Coronation Fund Managers Ltd objective for the participation in the Company is strictly investment and does not seek a change of control or a change in the management structure of the Company;

(iii) Coronation Fund Managers Ltd has not entered into agreements or undertakings governing the exercise of voting rights or the purchase and sale of securities issued by the Company.

BR MALLS PARTICIPAÇÕES S.A.

Investor Relations Officer

Frederico da Cunha Villa