NOTICE TO THE MARKET

JHSF PARTICIPAÇÕES S.A.

Publicly Traded Company

JHSF Participações S.A. ("JHSF" or the Company), announces the successful capital raising by the JHSF Rio Bravo Fazenda Boa Vista Capital Protegido Fundo de Investimento Imobiliário - FII (the "Fund"), as published at the Valor Economico newspaper today. The Fund will invest approximately R$125.4 million in residential real estate projects (villas, lots, and plots of land) of Fazenda Boa Vista, owned by JHSF subsidiaries, with final settlement scheduled for July 24, 2013.

São Paulo, July 22, 2013

Eduardo S. Camara

Vice President and Investor Relations Officer

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