TELEFÔNICA BRASIL S.A.

Publicly-held Company

CNPJ MF 02.558.157/0001-62 - NIRE 35.3.001.5881-4

NOTICE TO SHAREHOLDERS DATE OF THE 2017 ORDINARY AND EXTRAORDINARY SHAREHOLDERS' MEETING

Telefônica Brasil S.A. ("Company") hereby informs its Shareholders that pursuant to CVM Instruction 481/09, as amended, the Company's Ordinary and Extraordinary Shareholders' Meeting of the year 2017 will be held on April 26, 2017 ("Shareholders' Meeting"). Additional information on said Shareholders' Meeting will be disclosed in due course.

São Paulo, January 13, 2017.

David Melcon Sanchez-Friera

Investor Relations Officer

Telefônica Brasil - Investor Relations Tel: +55 11 3430-3687

Email: ir.br@telefonica.com Information available at: www.telefonica.com.br/ir

Telefônica Brasil SA published this content on 13 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 January 2017 20:40:05 UTC.

Original documenthttp://telefonica.mediagroup.com.br/en/Download/1476_Notice_to_the_Shareholders_-_Date_of_the_2017_Ordinary_and_Extraordinary_Shareholders_Meeting.pdf

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