MARFRIG GLOBAL FOODS S.A. Public Company Taxpayer ID (CNPJ/MF): 03.853.896/0001-40 (BM&FBOVESPA: MRFG3) NOTICE TO THE MARKET São Paulo, March 30, 2017 - Marfrig Global Foods S.A. (BM&FBovespa: MRFG3 and Level 1 ADR: MRTTY - "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 March 2, 2017 and on March 16, 2017 ("Offers Notice"), hereby announces to the market and its shareholders the results of the final 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 ("2018 Tender Offer"); and (ii) 9.500% senior notes due 2020 ("2020 Senior Notes" and, jointly with the 2018 Senior Notes, the "Senior Notes") issued on May 4, 2010 by Marfrig Overseas ("2020 Tender Offer," and, jointly with the 2018 Tender Offer, the "Offers").

The Offers expired at 11:59 p.m. (New York City time) on March 29, 2017 ("Expiration Date"). Until the Expiration Date, Senior Notes in the aggregate principal of US$346,415,000 had been validly tendered in connection with the Offers, with said Senior Notes accepted for acquisition in accordance with the terms of the cash tender Offers, as detailed below: (i) US$ 66,070,000 in aggregate principal of the 2018 Senior Notes, or approximately 23.44% of the outstanding 2018 Senior Notes; (ii) US$ 280,345,000 in aggregate principal of the 2020 Senior Notes, or approximately 57.84% of the outstanding 2020 Senior Notes.

This notice to the market is released for disclosure purposes only, in accordance with applicable legislation. This notice to the market does not constitute marketing material and should not be interpreted as advertising an offer to sell or soliciting any offer to buy securities issued by the Company, Marfrig Holdings or Marfrig Overseas. This notice to the market is not for distribution in or into or to any person located or resident in the United States, its territories and possessions, any state of the United States or the District of Columbia or in any jurisdiction where it is unlawful to release, publish or distribute this announcement.

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.

Marfrig Global Foods SA published this content on 30 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 30 March 2017 13:29:14 UTC.

Original documenthttp://ir.marfrig.com.br/EN/Documentos/4231_Marfrig_Comunicado ao Mercado_Final Settlement - versão inglês.pdf

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