São Carlos Empreendimentos e Participações S SÃO CARLOS EMPREENDIMENTOS E PARTICIPAÇÕES S.A.

Corporate Taxpayer's ID (CNPJ/MF) 29.780.061/0001-09 Company Registry (NIRE) 35.300.171.004

Publicly-held company

MATERIAL FACT

SALE OF TOP CENTER OFFICES BUILDING

São Carlos Empreendimentos e Participações S.A. ("São Carlos" and BM&FBOVESPA: SCAR3) hereby informs its shareholders and the market in general that, on this date, Top Center Empreendimentos e Participações Ltda., a subsidiary of São Carlos, entered into a Deed of Sale and Purchase to disposal the Top Center Offices building ("Top Center") for R$

152.6 million, fully paid on this date.

Top Center is a class A office building located on Avenida Paulista in the city and state of São Paulo. The building has 13,463 sq.m. of gross leasable area ("GLA"), distributed in 17 floors, and 370 parking spaces.

The portfolio of São Carlos and its subsidiaries is now consisted of 84 properties, totaling 410,144 sq.m. of own GLA, with an estimated market value of R$ 4.3 billion.

São Paulo, July 1, 2016

São Carlos Empreendimentos e Participações S.A. Fabio Itikawa Investor Relations Officer

São Carlos Empreendimentos e Participações SA published this content on 01 July 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 01 July 2016 21:20:09 UTC.

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