Aliansce Shopping Centers SA : Aliansce concludes the acquisition of 10% interest in Boulevard Shopping Nações Bauru

NOTICE TO THE MARKET

Aliansce Shopping Centers (ALSC3) concludes the acquisition of 10% interest in Boulevard Shopping Nações Bauru

Rio de Janeiro, January 24, 2014 - Aliansce Shopping Centers S.A. (BM&FBOVESPA: ALSC3) announces the conclusion of the purchase of 10% interest in Boulevard Shopping Nações Bauru, consolidating the Company's stake in the mall at 100%. Aliansce's owned GLA in operation increases by 2.7 thousand sqm, for a total of 445.2 thousand sqm.

The increase in stake was valued at R$23.0 million, or R$6,749 per sqm of GLA. Of this price, R$10 million was paid today, R$1 million will be paid until June 2014, and the remainder via debt assumption from the seller of approximately R$12 million, indexed by TR + 10.80 p.a. to be paid in the next 12 years. The real and unleveraged IRR estimated for the acquisition is 14.9% p.a..

Boulevard Nações Bauru has 27,256 sqm of GLA and opened in November 2013. The site covers 59 thousand sqm and includes construction potential that enables the development of a mix-use project. The mall is located in the city of Bauru's central region, near the central bus station and with easy access to the main roadways that link Bauru to the neighboring cities.

To access the full Notice to the Market, please, click here.

For additional information, please contact the Investor Relations department:

Investor Relations
Phone: +55 (21) 2176-7272
ri@aliansce.com.br
www.aliansce.com.br/ir

About Aliansce S.A.
Aliansce Shopping Centers S.A. (Bovespa: ALSC3) is one of the leading shopping center developers and manages the second largest number of shopping centers in Brazil among the four publicly held companies in the sector. The Company's core business includes investments in shopping centers and provision of the following services: (i) management of shopping centers; (ii) lease of commercial spaces in shopping centers; and (iii) planning and development of shopping centers. Aliansce is a full service company operating in all development stages of a shopping center, from planning and preparation of the feasibility study, development of the project, commercialization and management of the shopping center.