Companhia Brasileira de Distribuição (the 'Company' or 'CBD') discloses hereunder communication received on 25 November 2015 from Harding Loevner, LP.

The Company's Investor Relations Department remains available to provide shareholders with any further explanation that may be required in connection with the object of this Notice to Market, through the phone number +55 (11) 3886 0421 or by the e-mail address gpa.ri@gpabr.com.

São Paulo, 26 November 2015.

Daniela Sabbag
Investors Relations Officer

Click here to access the Notice to the Market.

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