MATERIAL FACT

Rio de Janeiro, December 13, 2013 - Aliansce Shopping Centers S.A. (BM&FBOVESPA: ALSC3) ("Company"), pursuant to article 3 of CVM Instruction No. 358/2002 and 4th paragraph of article 157 of Law No. 6,404/1976, in accordance with the communication received today by the Company from Rique Empreendimentos e Participações Ltda. ("Rique Empreendimentos") and Fundo de Investimento em Participações Bali ("FIP"), hereby announces to its shareholders and the market the following:

  1. Rique Empreendimentos contributed today 2,800,500 common shares issued by the Company, representing approximately 1.76% of the Company's capital stock, owned by Rique Empreendimentos, to FIP. Renato Feitosa Rique, controller of Rique Empreendimentos, is also indirect controller of FIP.

  2. With the abovementioned transaction, Renato Feitosa Rique or entities controlled by him, directly or indirectly, which includes FIP, will continue to hold 34,501,313 common shares issued by the Company, equivalent to approximately 21.70% of the capital stock. The Canada Pension Plan Investment Board, in turn, continues to hold 43,842,428 common shares issued by the Company, equivalent to approximately 27.57% of the capital stock.

  3. The Company's Shareholders Agreement was modified today, by means of the 4th Amended and Restated Shareholders' Agreement ("4th Amended and Restated Shareholders' Agreement"), to foresee the adhesion of FIP. Rique Empreendimentos, Altar Empreendimentos e Participações S.A., Henrique C. Cordeiro Guerra Neto, Délcio Lage Mendes and FIP will be treated as a single block for the sake of the Shareholder's Agreement. The 4th Amended and Restated Shareholders' Agreement, which entered into effect today, does not modify the control structure of the Company that was in effect in the 3rd Amended and Restated Shareholders' Agreement. The 4th Amended and Restated Shareholders' Agreement is available for reference in the websites of the Comissão de Valores Mobiliários and the Company.

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For additional information, please contact the Investor Relations department:

Investor Relations
Phone: +55 (21) 2176-7272
Fax: +55 (21) 2176-7229
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.

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