MMX MINERAÇÃO E METÁLICOS S.A.

CNPJ/MF: 02.762.115/0001-49
NIRE: 3330026111-7 (PublicListedCompany)

MATERIAL FACT MMX Mineração e Metálicos S.A. ("MMX" or "Company" Bovespa: MMXM3), the only Brazilian iron ore mining company with integrated logistics listed on the BM&FBovespa New Market, further to the Material Fact released on November 27, 2013, and in compliance with article 157, paragraph 4, of Law No. 6,404/76 ("Brazilian Corporation Law") and Comissão de Valores Mobiliários (Brazilian Securities and Exchange Commission) ("CVM") Rule No. 358/02, hereby informs to its shareholders and to the market that CVM has approved, the dismissal request made by MMX regarding the obligation to present the appraisal report of the net equity of the shares of the Company and of its wholly-owned subsidiary MMX Porto Sudeste S.A. at market value, as per the terms of article 264 of the Brazilian Corporations Law, as well as the obligation to release the Material Fact provided in article 2 of CVM Rule No. 319/99, for the purposes of the approval of the merger of MMX Porto Sudeste S.A. by the Company ("Merger").

As a result, the effectiveness of the resolutions taken at the Shareholders' Meeting of the Company held on November 27, 2013 regarding the Merger remainssubject solely to the condition precedent that an investment is made in Porto Sudeste do Brasil S.A. (formerly named MMX Porto Sudeste Ltda.), or in a holding company of Porto Sudeste do Brasil S.A., as provided for in the Investment Agreement executed by the Company and its controlling shareholders, EikeFuhrken Batista and Centennial Asset Mining Fund LLC, with Impala (a division of Trafigura Pte. Ltda.)("Trafigura") and Mubadala Development Company PJSC ("Mubadala"), through their respective subsidiaries IWL Holdings (Luxembourg) S.a.r.l. and EAV Delaware LLC, on October 14, 2013, according to the Material Fact of the Company released on that date.
Rio de Janeiro, December 09, 2013.
Carlos Gonzalez
Chief Executive Office and Investor Relations Officer

MMX Mineração e Metálicos S.A.

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About MMX:

MMX, an EBX group mining Company, was established in 2005. The company produces about 7 million tons of iron ore per year. Recently, the Company began negotiations to sell 65% of SuperportoSudeste, a port terminal under construction in Itaguaí, in the State of Rio de Janeiro. As of mid-2014, the Company will have guaranteed access to transocean markets for the iron ore produced at the Serra Azul Unit in the State of Minas Gerais. At the moment, MMX is currently reviewing its business model. For further
information, visit the website: http://ri.mmx.com.br

Contacts:

Investors: Adriana Marques +55 21 2163 6197 ri@mmx.com.br

Press: Juliana Campos + 55 31 3516 7542

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