Notice to the Market

Brasil Brokers Participações S.A. (“Company”), 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 August 26, 2011, from Itaú -Unibanco S.A., as legal representative pursuant to CMN Resolution 2689/2000 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 sold seven hundred ninety-six thousand, six hundred (796,600) common shares issued by the Company, totaling seven hundred sixty-eight thousand, nine hundred fifty-seven reais and fifty-five centavos (R$768,957.55), through sale concluded on August 22, 2011.

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