BRF S.A. ('BRF' or 'Company') (B3: BRFS3; NYSE: BRFS), pursuant to CVM Instruction 358, of January 3, 2002, announces the following to its shareholders and to the market in general:

In a report released yesterday, September 19, 2017, the international risk rating agency S&P has downgraded the Company's global corporate rating to 'BBB-' with a stable perspective. Nonetheless, BRF maintains its investment grade and positions itself two notches above the foreign currency sovereign rating, reinforcing the agency's view that BRF maintains its liquidity adequate, and improving operating performance in the second half of 2017 and during the year 2018.

São Paulo, September 20, 2017

Pedro de Andrade Faria
Global Chief Executive, Financial and Investor Relations Officer

BRF SA published this content on 20 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 20 September 2017 12:49:07 UTC.

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