Notice to Shareholders

Restoque Comércio e Confecções de Roupas S.A. (BM&FBovespa: LLIS3) ("Company") hereby announces that Alexandre Calixto Afrange has resigned as the Company's Chief Executive Officer.

Livinston Bauermeister was elected Chairman of the Company's Board of Directors following a transition period that began in August 2013 with his election to the position of Chief Operating Officer. He has also been a member of the Board of Directors for more than six years.

São Paulo, April 22, 2014.

Glaucia Casali Pacola
Investor Relations Officer

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