Cetip Mercados Organizados : Notice to Shareholders - Combination of BM&FBOVESPA and CETIP - Definition of the exchange ratio and Redemption Amount

("BM&FBOVESPA") and CETIP S.A. - MERCADOS ORGANIZADOS ("CETIP" and,

jointly, the "Companies"), in addition to the Material facts and Notice to the Shareholders released by the Companies on March 22nd, 2017, hereby inform the following:

Based on the formulas set forth in Exhibit 2.2 of the merger and justification agreement ("Merger Agreement") of the merger of shares of CETIP by Company São José Holding ("Holding"), followed by the redemption of the shares issued by the Holding and the merger of the Holding into BM&BOVESPA ("Transaction"), the Board of Directors of BM&FBOVESPA certified, in a meeting held on this date, that CETIP's shareholders at the end of the trading session of March 29th, 2017 ("CETIP's Shareholders" and "Transaction Completion Date") will receive, on the dates indicated in the above-mentioned Notice to the Shareholders, the following:

1. Exchange Ratio: 0.93849080 common share issued by BM&FBOVESPA for each common share of the Holding they hold (which corresponds to 0.93849080 common share issued by BM&FBOVESPA for each CETIP share then held by CETIP's Shareholders); and
2. Redemption Amount: the amount of R$31.89315588 for the redemption of 3 preferred shares issued by the Holding held by CETIP's Shareholders (considering that CETIP's Shareholders will receive 3 preferred shares of the Holding for each share of CETIP).

The Redemption Amount will be paid until May 2nd, 2017 and will be adjusted by the CDI interbank rate verified between today, the work day before the Transaction Completion

Date, and the Financial Settlement Date ("CDI Adjustment Amount"), which will be disclosed in a future Notice to the Shareholders.

São Paulo, March 28th, 2017

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