Notice to the Market - Change of Auditor - 022415 TELEFÔNICA BRASIL S.A.

Publicly-held Company
CNPJ MF 02.558.157/0001-62 - NIRE 35.3.001.5881-4

NOTICE TO THE MARKET

TELEFÔNICA BRASIL S.A. ("Company"), pursuant to articles 28 and 31 of CVM Instruction 308/1999, announces to the market that its Board of Directors, at meeting held on February 24th, 2015, approved the hiring of Ernst & Young Auditores Independentes S.S. for the provision of independent audit services in the fiscal year 2015, replacing Grant Thornton Auditores Independentes.
The Company also informs that obtained the properly consent from Grant Thornton
Auditores Independentes with respect to the change above mentioned.
São Paulo, February 24th, 2015.

Alberto Manuel Horcajo Aguirre

Investor Relations Officer Telefônica Brasil S.A. - Investor Relations Tel: +55 11 3430-3687
Email: ir.br@telefonica.com
Available information: www.telefonica.com.br/ir

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