Notice to the Market

Rio de Janeiro, December 07, 2010 - Brasil Brokers (BM&FBovespa: BBRK3), a real estate brokerage and consulting company, Pursuant to the provisions in Article 12 of CVM Rule 358, Brasil Brokers Participações S.A. ("Company”) hereby announces to the market that on November 29, 2010 the sum of the shares held by the group of Investment Funds managed by Itaú Unibanco S.A., with the Corporate Taxpayer’s ID (CNPJ/MF) #60.701.190/0001-04, and by the group of Investment Funds managed by UAM - Assessoria e Gestão de Investimentos Ltda., Corporate Taxpayer‘s ID (CNPJ/MF) #59.608.174/0001-84, reached eight million, five hundred eighty-four thousand, eight hundred (8,584,800) of the total one hundred sixty-eight million, eight hundred seventy-seven thousand, one hundred twenty-six (168,877,126) common shares that compose the capital stock of Brasil Brokers Participações S.A., representing five point zero eight percent (5.08%) of the Company’s capital.

The Company wishes to clarify that, in accordance with the information received by the investor, the aforementioned shareholding is not an attempt to acquire the Company’s control but the result of an investment that does not aim to change the latter’s management, shareholding structure or normal operations.

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