MATERIAL FACT

BHG S.A. - BRAZIL HOSPITALITY GROUP ("Company"), pursuant to paragraph 4 of article 157 of Law 6404 of December 15, 1976 ("Corporation Law") and Instruction 358 of January 3, 2002, issued by the Brazilian Securities and Exchange Commission ("CVM") hereby informs its shareholders and the market in general that, on this day, it received Official Letter 238/2015/CVM/SEP/GEA-1 from the CVM approving the cancellation of the Company's registration as a Category A listed company due to the successful public tender offer for the purpose of its delisting and compliance with all the respective regulations.

As a result, as of this date the Company's shares will no longer be listed for trading on the BM&FBOVESPA - Securities, Commodities and Futures Exchange.

Click here to access the Material Fact

Rio de Janeiro, July 13, 2015.

Luiz Felipe Negreiros de Sá
Chief Financial and Investor Relations Officer
BHG S.A. - BRAZIL HOSPITALITY GROUP

distributed by