Banco Mercantil do Brasil S.A. announced the final results of its offer to purchase for cash up to $30,000,000 of its outstanding 9.625% Subordinated Notes due 2020, from holders thereof, upon the terms and subject to the conditions in the Offer to Purchase dated November 30, 2015 and in the related Letter of Transmittal dated November 30, 2015, which together constitute the Offer, announced to the market on November 30, 2015. By December 11, 2015 the Bank had received valid tenders from Holders of $37,824,000 in principal amount of Notes. The Bank announced that, because the Tender Offer was fully subscribed as of the Early Tender Date, the Bank will not be accepting for purchase any Notes not already purchased on the Early Settlement Date.

Any Notes tendered pursuant to the Tender Offer but not accepted for purchase by the Bank on the Early Settlement Date will be promptly returned to Holders.