MARFRIG GLOBAL FOODS S.A.

Public Company

Taxpayer ID (CNPJ/MF): 03.853.896/0001-40

(B3: MRFG3)

NOTICE TO THE MARKET

São Paulo, January 18, 2018 - Marfrig Global Foods S.A. (B3: MRFG3 and Level 1 ADR: MRRTY - "Marfrig" or "Company"), in accordance with Instruction 358 of the Securities and Exchange Commission of Brazil (CVM) dated January 3, 2002, and complementing the notice to the market released by the Company on January 11, 2018 ("Offers Notice"), hereby announces to the market and its shareholders the results of the settlement of the cash tender offers to the respective holders ("Holders") of any and all (i) 8.375% Senior Notes due 2018 ("2018 Senior Notes") issued on May 9, 2011 by Marfrig Holdings (Europe) B.V. ("Marfrig Holdings") ("2018 Tender Offer"); and (ii) 6.875% senior notes due 2019 ("2019 Senior Notes") issued on June 24, 2014 by Marfrig Holdings ("2019 Tender Offer," and, jointly with the 2018 Tender Offer, the "Offers").

The period for the tender offer expired at 5:00 p.m. (New York City time) on January 17, 2018 ("Tender Offer Time" and "Withdrawal Period"). Until said date, Senior Notes with aggregate principal of US$277,095,000.00 were validly offered and tendered, with said Senior Notes accepted for acquisition in accordance with the terms of the Offers, as detailed below: (i) US$125,204,000.00 in aggregate principal of the 2018 Senior Notes, or approximately 58.01% of the outstanding 2018 Senior Notes; and (ii) US$151,891,000.00 in aggregate principal of the 2019 Senior Notes, or approximately 23.00% of the outstanding 2019 Senior Notes.

These amounts exclude US$2,050,000.00 aggregate principal amount of Notes tendered pursuant to the guaranteed delivery procedures described in the Offer Documents, which remain subject to the Holders' performance of the delivery requirements under such procedures.

The following table summarizes the main terms and conditions of the Offers:

IR CONTACTS

Av. Queiroz Filho, 1560 - Bloco 5 (torre Sabiá) - 3º andar (sala 301) - Vila Hamburguesa - São Paulo - SP - CEP: 05319-000

Telephone: +55 (11) 3792-8907www.marfrig.com.br/rie-mail:ri@marfrig.com.br

Description of

Notes

CUSIP/ISIN No.

Acceptance

Priority

Principal Amount

Outstanding*

Purchase Price*

Principal Amount

Tendered

8.375% Senior Notes due 2018

CUSIP: 56656UAA0 / N54468AA6

ISIN: US56656UAA07 / USN54468AA65

All

US$215,841,000.00

US$1,020.00

US$125,204,000.00

6.875% Senior Notes due 2019

CUSIP:

56656UAF9/

N54468AD0

ISIN:

US56656UAF93;

USN54468AD05

All

US$660,336,000.00

US$1,030.00

US$151,891,000.00

____________________

* For each US$1,000 principal amount of the Notes.

Any terms starting with an uppercase letter that are not defined herein shall have the meanings attributed thereto in the Offers Notice to the Market.

José Eduardo de Oliveira Miron

Chief Financial and Investor Relations Officer

Marfrig Global Foods S.A.

IR CONTACTS

Av. Queiroz Filho, 1560 - Bloco 5 (torre Sabiá) - 3º andar (sala 301) - Vila Hamburguesa - São Paulo - SP - CEP: 05319-000

Telephone: +55 (11) 3792-8907www.marfrig.com.br/rie-mail:ri@marfrig.com.br

Marfrig Global Foods SA published this content on 18 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 18 January 2018 12:29:02 UTC.

Original documenthttp://ir.marfrig.com.br/EN/Documentos/4363_Notice to the market -Tender Offer - EN.pdf

Public permalinkhttp://www.publicnow.com/view/3F4D5A8557CCD0D03731FE191012892C3EBDE6D1