Rio de Janeiro, January 26, 2017 - Brasil Brokers Participações S.A. ("Company"), a publicly-held company, with common shares traded on the Novo Mercado listing segment of the BM&FBOVESPA under the ticker BBRK3, in accordance with Article 12, paragraph 6 of CVM Instruction 358/02, and its future amendments, hereby informs its shareholders and the market in general that it received today a correspondence sent by Morgan Stanley and its subsidiaries (Morgan Stanley Capital Services LLC; Corporate Taxpayer ID (CNPJ): 05.870.238/0001-91, Morgan Stanley & Co. LLC; Corporate Taxpayer ID (CNPJ): 05.448.000/0001-72, Morgan Stanley Uruguay Ltda.; Corporate Taxpayer ID (CNPJ): 05.447.544/001-10, Morgan Stanley & Co. International plc; Corporate Taxpayer ID (CNPJ): 05.448.002/0001-61, Morgan Stanley Smith Barney LLC; Corporate Taxpayer ID (CNPJ): 18.628.845/0001-91, Caieiras Fundo de Investimento Multimercado; Corporate Taxpayer ID (CNPJ): 09.577.034/0001-18, Fórmula XVI Fundo de Investimento Multimercado Crédito Privado - Investimento no Exterior, Corporate Taxpayer ID (CNPJ): 03.068.182/0001-20) informing that after successive acquisitions they now hold twenty-nine million, fifty-eight thousand, seven hundred and fifty (29,058,750) Company common shares, equivalent to fifteen point one percent (15.1%) of all the Company’s common shares.

Finally, they declared to have reached short economic exposure through cash-settled derivative instruments referencing twenty-seven million, four hundred thirty thousand, two hundred and seventy-seven (27,430,277) Company common shares, equivalent to fourteen point two percent (14.2%) of all the Company’s common shares.

Morgan Stanley declared that the acquisitions are not intended to acquire control over the Company or to change its management structure.

The original communication is filed at the Company’s headquarters.

Click here for the Notice to the Market