Iguatemi Empresa de Shopping Centers : Press Release - Sale of Relevant Stake

f009439d-ec33-47a3-bc1c-0d29aa400d08.pdf IGUATEM I EM PRESA DE SHOPPING CENTE RS S.A.

Corporate TaxpayerID # (CNPJ/MF): 51.218.147/0001-93 Commercial Register # (NIRE): 35.300.095.618

Publicly-Held Company

Notice to Market

Iguatemi Empresa de Shopping Centers S.A. (BM&FBOVESPA:IGTA3) ("Iguatemi" or "Company"), pursuant to Article 12 of CVM Instruction 358/02, hereby discloses to the market the letter received from its shareholder GIC Private Limited ("Investor"), in which it communicates the sale of relevant stake in this Company.

GIC Private Limited now holds a relevant stake of 4.907% (8,665,714 shares) in Iguatemi's shares.

For additional information, please contactIguatemi'sInvestor Relations area.

Sao Paulo, July O l'h, 2016.

Cristina Betts

CFO andInvestor Relations Director

11r c Ic

01 July 2016

Attn:

Cristina Anne Betts Investor Relations Director

J guateml Empresa De Shopping Centers S.A. R Angelina Maffei Vita 200 • 9 Andar

1455070 Sao Paulo Brazil

Dear Sir,

OFFICIAL DECLARATION - POSITION INIGUATEM EMPRESA DE SHOPPING CENTES S. A .. SHARElS

Pursuant to Article 12 of CVM Instruction no. 358, we are required to notify Jguatemi Empresa De Shopping Centers S.A. that our holdings in lguatemi Empresa De Shopping Centers S.A. Shares {ISJN: BRIGTAACNOR5) have dropped below the 5% disclosurE> limit as of 30 June 2016. The table below indicates the details of our holdinns:

Passenger Ace Name	Qualification	TaxID		Holdings	% Holdings*
Government of Singapore	Legal entity constituted outside Brazil	08.765.815/0001-73	8,087,726	4.579%
Monetary Authority of Sinaapore	Legal entity constituted outside Brazil	05.840. 118/0001-41	577,988	0.327%
Total Holdinas				8,665,714	4.907%
legal Representative Full name: Citibank Distribuidora De Titulos E Valores Mobiliarios S.A. Tax ID: 33.868.597/0001-40

* Based on number of shares of 176,611,578

Other than the shareholding detailed above, we do not hold, directly or indirectly, any other shares, rights over shares, other sec.urities, and financial derivative instruments referenced to shares on lguatemi Empresa De Shopping Centers S.A. at the time of writing.

Please be informed that our interest in Jguatemi Empresa De Shopping Centers

S.A. extends only as far as maintaining a diversified trading portfolio. As such, we have no interest in altering the cornposition of the control or administrative structures of J guatemi Empresa De Shopping Centers S.A.

CIC Private Limited

168 Robinson Road #37-01 Capital Tower Singapore 068912 Tel: [phone]

Furthermore, at the time of writing, we are not a party to any agreement or contract regulating the right to vote or purchase and sell securities issued by lguatemi Empresa De Shopping Centers S.A.

Finally, we would be grateful if you would forward this declaration to the Comissao de Valoras Mobiliarios, Bovespa.

Please do not hesitate to contact Mr Jimmy Teo at 65-68898787 or [e-mail] should you require any further information or clarification.

Thank you for your kind attention.

Yours faithfully,

Jimmy Teo Poh Leong Senior Vice President

Investment Operations Department

Lim Eng Kok

Senior Vice President

Investment Operations Department