BANCO INDUSTRIAL E COMERCIAL S.A.

Publicly-held Company
CNPJ/MF 07.450.604/0001-89

PRESS RELEASE ("FATO RELEVANTE")

BANCO INDUSTRIAL E COMERCIAL S.A. (BM&FBOVESPA: BICB3 and BICB4), a publicly-held company with head offices in the City of São Paulo, State of São Paulo, at Avenida Brigadeiro Faria Lima, No. 4,440, 1st and 5th floors, Itaim Bibi, CEP 04538-

132 ("Company"), hereby informs the shareholders of the Company and the market , in addition to the information published by the Company in the Press Release (Fato Relevante) dated as of October 31, 2013 (the "October 31st, 2013 Fato Relevante") that, on the present date, the Decree of July 18, 2014 has been published in the Official Gazette, in which the Brazilian President acknowledges as of the interest of the Brazilian government the foreign equity interest up to 100% of the capital stock of the Company and its controlled entities BIC Arrendamento Mercantil S.A., BIC

Distribuidora de Títulos e Valores Mobiliários S.A. e Sul Financeira S.A. - Crédito, Financiamentos e Investimentos, pursuant to article 84, caput, IV of the Constitution of Brazil and article 52, sole paragraph, of the Temporary Constitutional Provisions Act.
In addition, we hereby inform that the completion of the transaction involving the acquisition, by China Construction Bank Corporation, of ordinary and preferred shares of the Company representing 72.00% (seventy-two percent) of the total share capital of the Company held by the direct and indirect controlling shareholders of the Company
("Transaction"), is still subject to other conditions precedent as disclosed in the October
31st, 2013 Fato Relevante. Additional information regarding the satisfaction of such conditions precedent and the completion of the Transaction shall be opportunely disclosed to the market
São Paulo, July 21, 2014

Banco Industrial e Comercial S.A.

Milto Bardini
Investor Relations Officer

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