MATERIAL FACT

Prumo Logística S.A. (the "Company") (Bovespa: PRML3), in accordance with article 157, §4 of Law n. 6.404, issued on December 15, 1976, as amended ("Law n. 6404/76"), and CVM Rule n. 358, issued on January 3rd, 2002, as amended, of the Comissão de Valores Mobiliários ("CVM"), informs its shareholders and the market in general, in connection with the public tender offer for all outstanding shares of the Company to cancel the Company's registration with the CVM and to delist the Company from the Novo Mercado (the "MTO") that:‎

Further to the Material Fact Statement issued by the Company on February 29, 2016, the Company and its controlling shareholders ("Controlling Shareholders") would like to clarify that, after additional discussions with the CVM and more in-depth analyses of the contents of the letter CVM sent to the Company and the Controlling Shareholders on February 26, 2016 ("CVM Letter"), the CVM has clarified to the Company and the Controlling Shareholders that the CVM Letter was not intended to stop the MTO, but to reinforce the importance of keeping the Company's shareholders and the market informed of the developments of the MTO and to provide precise guidance as to the expected completion date of the MTO.

In that regard, as previously disclosed by the February 29, 2016 Material Fact Statement, certain approvals by the Company's creditor banks ("Banks") are necessary to implement the MTO.

At this point, given the unpredictable and uncertain length and pace that negotiations with the Banks have taken regarding their necessary approval of the MTO, neither the Company nor its Controlling Shareholder can provide the precise MTO guidance requested by the CVM.

In view of the above and considering the ongoing deterioration in the market conditions, the Controlling Shareholders informed the Company that they have elected to cancel the MTO.

The Controlling Shareholders have also informed the Company that the Controlling Shareholders will reimburse the Company for costs and expenses incurred by the Company in connection with pursuing the MTO, in accordance with existing regulation.

The Company's management clarifies that this Material Fact Statement is strictly informational and does not constitute a securities offer.

Rio de Janeiro, March 14, 2016

Prumo Logística S.A.
Eugênio Leite de Figueiredo
Chief Financial Officer and Investor Relations Officer

Prumo Logística SA issued this content on 14 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 14 March 2016 13:09:07 UTC

Original Document: http://prumo.riweb.com.br//Show.aspx?idCanal=MEyTfz9qC723R0XilZrkVg==&idMateria=QXkHjvj+od95SGAoYm9lCA==