Cetip S.A. - Mercados Organizados

Corporate Taxpayer (CNPJ/MF) No. 09.358.105/0001-91
Company Registry (NIRE) No. 33.300.285.601
Publicly-Held Company

NOTICE TO SHAREHOLDERS Distribution of Dividends Rio de Janeiro, May 8, 2014 - Cetip S.A. - Mercados Organizados ("Cetip") (BM&FBOVESPA: CTIP3), the largest depository for private fixed-income securities in Latin America and the largest chamber of private assets in the country, announces that, the Board of Directors approved in a meeting held on May 7,

2014, the distribution of dividends relating to the year ended March 31, 2014, as per details below:

Amounts to be paid as Dividends:

Total amount

R$ 54,152,545.19

Gross amount per common share (ON)

R$ 0.2073500773

Payment date

Credit and payment are subject to the following conditions:

- The corresponding credit will be effect on an individualized basis for each shareholder based on the shareholder position at the closing of BM&FBOVESPA's trading session on May 13, 2014 (record date).
- Company's shares will be traded ex-rights from May 14, 2014 (ex-date).
- The corresponding payment will be made to each shareholder on July 8, 2014, in the bank account informed to Banco Bradesco, our local depositary bank. Shareholders without an updated record will receive a "Notice for Receipt of Book-Entry Shares" and will have to go to one of the branches of Banco Bradesco bearing the notice and personal identification (CPF (Individual Taxpayers' ID) and ID (RG)). Shareholders, who do not receive the notice, shall go to a branch of Banco Bradesco in order to update their records.
- Payments regarding shares deposited under the custody of BM&FBOVESPA will be credited to that entity and the Depositary Brokerage Firms will be in charge of passing the amount to the corresponding shareholders.
As the local depositary bank of CETIP's shares, Banco Bradesco will be at the Shareholders' disposal to provide further assistance at +55 0800-7011616 or by fax at +55 (11) 3684-3811 or on the website www.bradescocustodia.com.br.

Willy Otto Jordan Neto

Investor Relations Officer

distributed by