NOTICE TO THE MARKET

Pursuant to Article 12, Paragraph 4 of CVM Instruction 358 dated January 3, 2002, as amended by CVM Instruction 449 dated March 16, 2007, Estácio Participações S.A. ("Estácio" or the "Company") announces that the Company received from Coronation Fund Managers ("Coronation"), a communication informing that Coronation held 32,594,137 ordinary shares issued by the Company, corresponding to 10.3% of its total capital.

Rio de Janeiro, April 17, 2015.

Virgílio Deloy Capobianco Gibbon
Investor Relations Officer

To see the PDF version of the Notice to the Market, click here.

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