Notice to the Market

Rio de Janeiro, May 13, 2011 - Brasil Brokers (BM&FBovespa: BBRK3), in accordance with Article 12 of CVM Instruction 358, as amended by CVM Instruction 449/07, hereby informs the market that it received a correspondence sent on May 12, 2011, from Itaú -Unibanco S.A., the legal representative of the non-resident shareholder, Morgan Stanley Uruguay, inscribed in the roll of corporate taxpayers (CNPJ/MF) under no. 05.447.544/0001-10, CVM Registration no. 06980.000388.069671.1-4 (“Investor”), that the Investor had acquired three hundred and fifty-nine thousand and two hundred (359,200) common shares issued by the Company, totaling three million, eighteen thousand, nine hundred and seventy two reais and forty-three centavos (R$3,018,972.43).

As a result, based on the Company’s total capital stock comprising 192,839,601 common shares, the Investor’s interest in the Company increased from 4.8796% to 5.0658%.

Based on the information provided by the Investor, the above-mentioned transaction: (a) is not intended to acquire control of the Company; (ii) is not intended to alter the Company’s management or shareholding structure or the normal course of its business and (iii) should be regarded as an investment only.

The original correspondence is on file at the Company’s head office.

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