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

NOTICE TO THE MARKET

SALE OF SÃO CARLOS' STAKE AT MYKONOS BUILDING São Carlos Empreendimentos e Participações S.A. ("Company") 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 Purchase and Sale for the sale of its stake (approximately 57%) in the Mykonos building for R$ 41.3 million, above its appraised value. The proceeds were fully received on this date.

Mykonos is a class A office building located at Rua Gomes de Carvalho, 1,356, Vila Olímpia, in the city and state of São Paulo. The area sold is equivalent to 4,859 sq.m. of gross leasable area ("GLA"), distributed in 17 units.

The portfolio of São Carlos and its subsidiaries is now composed of 83 properties, totaling 419,367 sq.m. of own GLA, with an estimated market value of R$4.3 billion.

São Paulo, May 29th, 2017

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

São Carlos Empreendimentos e Participações SA published this content on 29 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 29 May 2017 22:11:14 UTC.

Original documenthttp://ri.scsa.com.br/download_arquivos.asp?id_arquivo=06791B66-BA80-48B9-85D6-0EAD5487A96F

Public permalinkhttp://www.publicnow.com/view/9577C4FF9E0CB6454AD53B8229F652CE80B2DB8A