NOTICE TO THE MARKET

Aliansce Shopping Centers (ALSC3) announces the official leasing of the expansion of Boulevard Shopping Campos, RJ

Rio de Janeiro, December 11, 2012 - Aliansce Shopping Centers S.A. (Bovespa: ALSC3) announces the start of the official leasing of the Boulevard Shopping Campos expansion, located in the city of Campos dos Goytacazes, RJ. The expansion will increase the mall's own GLA by approximately 6,000 sqm (a 34% increase), and is expected to open in 2Q13. Aliansce has 100% ownership of the mall.

There will be approximately 80 new stores, including 1 anchor and 2 megastores. The expansion also adds 500 new parking spaces to the mall, a 30% increase to the current capacity.

Boulevard Shopping Campos opened in April, 2011, establishing the first regional mall in the city, and is strategically located on interstate highway BR-101, 5 minutes away from the city center. Aliansce developed the property, and is responsible for the management and leasing of Boulevard Shopping Campos.

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

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.