Notice to Shareholders

Belo Horizonte, July 3, 2014 - Kroton Educacional S.A. (BM&FBovespa: KROT3 and Bloomberg: KROT3:BZ), informs that the meeting of the Board of Directors of Kroton Educacional S.A. ("Company" or "Kroton") held on July 3, 2014, at 10:00 a.m., approved the distribution of interim dividends by debiting the investment reserve recorded in the balance sheet relating to the fiscal year ended December 31, 2013, which will be calculated towards the minimum mandatory dividend for the shares issued by the Company for fiscal year 2014, in accordance with article 40, paragraph 4, of the Bylaws of the Company.

Click here to access the Notice to Shareholders.

For more information, please contact our investor relations department:

Carlos Lazar - Director
Carolina Igi - Coordinator
Pedro Gomes - Coordinator

Phone: +55 (11) 3133-7309 / +55 (11) 3133-7314 / +55 (11) 3133-7311
Email: dri@kroton.com.br
www.kroton.com.br/ir

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