Kroton Educacional S.A. Publicly Held Company
Corporate Taxpayer ID (CNPJ/MF): 02.800.026/0001-40
Company Registry (NIRE): 31.300.025.187

NOTICE TO THE MARKET

KROTON EDUCACIONAL S.A. ("Company"), pursuant to and in compliance with CVM Instruction 358/02, as
amended, hereby informs its shareholders and the market that, on April 9, 2015, it received Official Letter no.
142/2015/CVM/SEP/GEA-2 from the Securities and Exchange Commission of Brazil ("CVM"), regarding the documents and information pertaining to the order of business of the Annual Shareholders' Meeting of the Company, to be held on April 29, 2015 ("Company Management Proposal"), disclosed pursuant to Article 133 of Federal Law 6,404/76, to Article 25 of CVM Instruction 480/09 and to Article 9 of CVM Instruction 481/09 ("Official

Letter").

In the Official Letter, CVM requested improvements to the Company Management Proposal and related documents (Standardized Financial Statements - DFP), which required the Company to refile the Management Proposal and other documents with the CVM and publish this Notice to the Market.
In addition, the Company informs that, in view of the changes and improvements requested by the CVM in its Official Letter, its Board of Directors decided to submit for approval by shareholders, in the Annual and Extraordinary Shareholders' Meeting to be held on April 29, 2014, in accordance with Article 196 of Federal Law
6.404, of December 23, 1976, as amended, the capital budget, in accordance with the budget proposal contained

in the appendix to the Management Proposal of the Company.

Notice to the Market 1


As a result, the new version of the Management Proposal and related documents is available to Shareholders at the headquarters of the Company, located at Rua Santa Madalena Sofia, n° 25, 4º andar, sala 01, Bairro Vila Paris, in the city of Belo Horizonte, state of Minas Gerais, CEP 30.380-650, as well as on the Company's website (http://www.kroton.com.br/ri), and on the websites of the Securities and Exchange Commission of Brazil (http://www.cvm.gov.br) and BM&FBOVESPA S.A. - Securities, Commodities and Futures Exchange
(http://www.bmfbovespa.com.br).
Belo Horizonte, April 16, 2015
Carlos Alberto Bolina Lazar

Investor Relations Officer

Notice to the Market 2
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