COMPANHIA BRASILEIRA DE DISTRIBUIÇÃO AUTHORIZED CAPITAL PUBLICLY HELD COMPANY Corporate Taxpayer's No. (CNPJ/MF) 47.508.411/0001-56

Company Registration No. (NIRE) 35.300.089.901

NOTICE TO THE MARKET

Companhia Brasileira de Distribuição ("CBD"), pursuant to Article 12 of CVM Instruction

358/02, as amended, hereby discloses the following correspondence received from Casino and

Rallye S.A. on April 04th, 2014.

The Company's Investor Relations Department is at shareholders' disposal to clarify any matters relating to the purpose of this Notice through telephone number +55 11 3886-0421 or

e-mail gpa.ri@gpabr.com.

São Paulo, April 04th, 2014.

Daniela Sabbag

Investor Relations Officer

Paris, April 4th, 2014.
To

Companhia Brasileira de Distribuição ("CBD")

Avenida Brigadeiro Luis Antônio, 3142
01402-901 - São Paulo, SP - Brazil
Attn.: Mr. Ronaldo Iabrudi and Ms. Daniela Sabbag Chief Executive Officer and Investor Relations Officer Tel.: 55 11 3886-0421
e-mail: gpa.ri@grupopaodeacucar.com.br

Re: CVM Rule 358/02 - Information Material Equity Shareholding

Dear Sirs,
Pursuant to Article 12 of CVM Instruction No. 358/02, Casino, Guichard-Perrachon, a joint-stock company headquartered at 1, Esplanade de France - 42000 Saint-Etienne, France, ("Casino") and Rallye S.A. headquartered at 83, rue du Faubourg Saint-Honoré - 75008 Paris, France, ("Rallye") and investment vehicles related to them (altogether the "Casino Group"), hereby inform CBD the following:
(i) On the date hereof, Casino acquired 8,907,123 (eight million, nine hundred and seven thousand, a hundred and twenty three) preferred shares issued by CBD through the exercise of a call option it had previously acquired. Separately, Rallye delivered
3,907,123 (three million, nine hundred and seven thousand, a hundred and twenty three) preferred shares issued by CBD upon the exercise of a call option, previously sold by Rallye to a third party, and terminated a previously-established Total Return Swap in respect of 5,000,000 (five million) preferred shares issued by CBD;
(ii) Casino, the controlling shareholder of CBD, now owns, directly and indirectly, 9,887,819 (nine million, eight hundred and eighty seven thousand, eight hundred and nineteen) preferred shares issued by CBD representative of 6.0% of CBD's preferred shares. Casino owns 99.94% of the common shares issued by CBD, as well as 41.4% of CBD's corporate capital, holding an economic exposure of up to 46.5% of CBD's corporate capital (taking into account cash settled derivatives held by Casino);
(iii) Casino Group does not hold debentures convertible into shares issued by CBD.
Sincerely,

Casino, Guichard-Perrachon Rallye S.A.

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