Notice to the Market BRMALLS OPENS EXPANSION OF CAPIM DOURADO SHOPPING

Rio de Janeiro, July 1st, 2015 - BR MALLS PARTICIPAÇÕES S.A., a publicly held company headquartered at Avenida Borges de Medeiros n° 633, 1st floor in the city and state of Rio de Janeiro ("BRMALLS"), hereby announces that yesterday, June 30th, 2015, it opened the first expansion of Capim Dourado Shopping, located in Palmas, Tocantins.

Opened in 2010, Shopping Capim Dourado is located in the city of Palmas, state of Tocantins. The mall is a destination to 250 thousand inhabitants that live in the capital city as well as over 200 thousand inhabitants from nearby cities. Palmas is the capital city with the highest population growth in the last decade. The region has a strong focus on education, with schools and universities that serve more than 30 thousand students. Approximately 30% of the population is employed in the public service, the rest in construction, services, education and the health sector.

Capim Dourado Shopping Expansion: Total GLA: 7,183 m² Owned GLA: 7,183 m² Number of Stores in Expansion: 51 BRMALLS Stabilized NOI: R$8.8 million TIR (real and unleveraged): 13.7% Commercialization Status: 91%


Shopping Capim Dourado started a new chapter in the history of Palmas and Tocantins. All stores within all segments are the best option for consumers. It is the only mall in the region and a top of mind shopping destination.
The mall already possessed a strong mix of anchor stores putting together a great set of retailers such as Cinemark, Casas Bahia, Lojas Americanas, Vivara, Le Lis Blanc as well as Riachuelo, Renner and Marisa.
With the expansion, the mall that is already the most important shopping destination in Tocantins will undergo further improvements with added comfort and shopping options. The expansion adds 51 new stores, a new event hall 12 meters wide and 15 meters tall and a new parking lot with 200 indoor parking spaces. New stores include: C&A, Brooksfield, Polo Wear, Carmen Steffens, Le Postiche, O Boticário, Mr. Cat, Mormaii, among others. We estimate that the expansion will generate 1,200 new jobs.

ABOUT BRMALLS BRMALLS is the largest integrated mall company in Brazil, with a portfolio of 48 malls, comprising 1,703.3 thousand m² of GLA and 999.8 thousand m² of owned GLA. BRMALLS is the only shopping mall company in Brazil with nationwide presence and targeting all income segments.
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