Belo Horizonte, May 27th, 2015. Kroton Educacional S.A. ("Kroton" or the "Company") - (BM&FBovespa: KROT3; OTCQX: KROTY) - pursuant to Article 12 of CVM Instruction 358 of January 3, 2002, as emended, announces to its shareholders, investors and the general market that the Company received from Oppenheimer Funds Inc. ("OFI"), a communication informing that OFI held 83,916,324 ordinary shares issued by the Company, corresponding to

5.16% of its total capital.

For more information, please contact the Investor Relations department:

Carlos Lazar, Carolina Igi or Pedro Gomes

Tel.: +55 (11) 3133.7309, +55 (11) 3133.7314 or +55 (11) 3133.7311

E-mail: dri@kroton.com.br

Notice to the Market 1

kroton''

educatian is our passion

Kroton EducacionalS.A Alamedas Santos. No 787
Jitrdim Pau..ta, Z1pCode : 01419-001
ao Paulo • SP, Sr>iZJI
Attn.:Car1os Alb9rto Bolina Laur lnvestors Relabons Officer

Tel: 55 113133-7309

Fax.:55 11 3133-7800

e-tna•l' dr!Ckroton com br

27 May 2015
KrotonEducaclonal S.A. Alamedas San'787

Jardim Paul1sta. CEP.: 01419-001

sao Paulo • SP.Brasd

AL: Car1os Alberto Bolina Lazar Oiretor de Rel es com lnvesddores Tel.: 55 11 3133·7309

Fax.: 55 11 3133-7800

e-mail·dri@krolon oom.br

27 de ma10 de 2015

KROTON EDUCACIONAL S. A. - KROTON EDUCACIONAL S.A.

Dlsclosure of Acquisition of Matarial Divulgaçào da Aquisiç:lo de

Equity Holding Partlcipaçlo Acioniria Rolovanto

Oear Slrs,
Prezados SenhOes.
1 The unders gned OppMh,.mer Funds. 1 lne., onbehalf of some or its dleniS and subsldiarle&, lndudlng OFI Oev,.loplng Mar!(ets Fund ("OF"I). hereby infonmt
that has acqt.ared oommon shares lssued by Krocon EdtJ("Kroton") so that, on 22 May 2015 ijs
aggregated holcbngs added up to
83.916,324 common Sllares, represenllng approXlmately 5.16% ol the total common Sllares lssued by
Kroton
2 For lhe purpoieS of Artide 12 of the 2
EmilHian Secumies Commission ("CVM') Rul11g No 356,of January 3, 2002, as amended, OFIhereby requests Krolon's lnvestors Reta11ons Officer 10dioclow the followlngin1ormabon to CVM and to the
relevant aulhonties:

(l) OFI rf!91stered office ••

headquanered et lblerty Slreet,

225. New York, 10281, Un ed

States ol Amert;
A abaixo asslnada Oppenheimer Funds, lncv, em. em nome de alguns de seus dlentes e de suas subsi.s, lnduindo OFI Oeveloptng Mar!(ets Fund ("OA j. Informar que adquiriu aç6es ordinéria.s emì!idas pela Kroton EducaclonalS.A ("Kroton1 sendo que. em 22 de maìo de 2015, sua partiCipaçao all;ançou. de fOfma agregada, 83 916.324 açòes ordinénas, r"''resentando, aproxìmadiimente,

5,16'4 do total das açòes ordin nas

emibdas pela Kroton.
A fim de atender ao disposto no Arligo
12 da lnstruçao n• 358.da COde
Va!Ofes Mobiliaoos CVII'),datada de
3 de janeiro de 2002. confoone alterada. OFI, por moio desta, solicita ao Oiretor de RelaçOes com lnvesUdores da Kroton a d1vu gaçao das segMntes lnfoonaç.:les il CVM e aos damals orgaos competentes·
(l) OFI tèm sede registrada em Uber1y Slree 225, 2 WOFìnanc>al Center, Nova lorque,
10261, Estados Unidos da

KROT:a

Notrce to the Market Novo MERCADO llolr.IICIVUM


kroton''

educatian is our passion



(ii) OFI aggregateci holdlngs ato 83,916,324 common shaapply 5.16% of the totaJ common 1/lares issue, as speçified on item 1

above.

(I ) the purpose of the above menllOned equlty holdings rs strictly oflnvestment,and there tS no lntentlon to change lhe control oomposlbon or l/le adminlstraUve structure of Kroton:

América;

a part cipaçao soei lia detida por OFI atcançou, de fotma agrega83.916.324 aç!les ordinarlas representando


aPxlmadamente 5,16% do total de açOes ord!Nlnas emlddas pela Kroton,conforme espeaflcado no em 1 aclma.

(ìb1 o objetivo das participaçOes soaelilrla• aclma mencionada• é estritamente de 111vestlmento, 1100 objetivando anerodo controle acionarlo ou da esiiJtura admln!Wativa Kroton:

(lv) no debenlures conver!ible, nor any ol/ler sec:utitìes convertillle lnlo sha:es lssue

held by OFI and

(v) no agreement or contrae! regulating lhe exerà!e of vo ng righior lhe purchase and sale of securities issued by Kroton were

executed by OFI.

(ìv)

(v)

nao sao detldas, por OFI, debéntures converslvels em açOes ou qualsquer vatores mobifiérlos converslveis em açOes emltìdos pela Kroton; e


nao locelebrados, por OFI qt.talsquer eontratos ou aOOque regulem o f!Xf!lelclo de dlreito de volo ou a oompra " v..nda de valorao mobalArios emltldos pela Kroton.

Please do not hesitate to contaet uo with any Permaneoemos Il dJspcs çAo para qualsquer

further quesllon or comment on the above. esctaceamentos ou oomentlirios adicionais que

julguem neeess•nos quento ao assunto.


2



KROT:a

Nottce to the Market Novo MERCADO llolr.IICIVUM

distributed by