Eneva : Notice to the Market - Request for clarificat...

ENEVA S.A.

CNPJ/MF: 04.423.567/0001-21

Publicly-Held Company

NOTICE TO MARKET

ENEVA S.A. Rio de Janeiro, July 26, 2017 - ENEVA S.A. ("ENEVA" or

"Company") (B3: ENEV3, GDR I: ENEVY), hereby presents the requested clarifications through Official Letter No. 1302/2017-SAE submitted to the Company ("Official Letter") on the date hereof by B3 S.A. - Brasil, Bolsa e Balcão, transcribed below:

"July 26, 2017 1302/2017-SAE

Eneva S.A.

Attn. Mr. Pedro Zinner Investor Relations Officer

Ref.: Request for clarifications on news disclosed by press

Dear all,

In news disclosed by Valor Econômico newspaper, on 07/26/2017, it was informed, amongst other matters, that:

1. Eneva's main shareholders are preparing the re-IPO of the company, with a shares offering that may raise up to R$ 1.5 billion (the plan is to raise around R$

   1 billion through a primary offering and, if possible, R$ 500 million through a secondary offering), equal to 40% of its current market value;

2. The purpose is to raise funds to unlever the business and expand the investment capacity;

3. The company desires to access the market during the second half of 2017;

4. The matter is still under discussion and the preliminary meetings with investors still have not been held, although, according to sources, banks BTG Pactual, Goldman Sachs, Citi, Itaú BBA and Santander have already been contracted to carry out the shares offering.

We hereby request clarifications on the marked items, until 07/27/2017, whether with your confirmation or not, as well as other information deemed important."

In compliance with the request above, the Company clarifies that it is constantly assessing alternatives to raise funds in order to strengthen its capital and financial structure and to finance its investments, possibly including the raising funds through a capital markets offering. The aspects

disclosed in the news published by "Valor Econômico" newspaper are indeed one of the assessed possibilities. Notwithstanding, although the Company is in negotiation with its advisors, up to the date hereof, there is no corporate approval nor guarantee that a public offering will occur or that it would be feasible, depending on, amongst other factors, domestic and international capital markets conditions.

The Company will maintain the market and its shareholders informed on any development of its fund raising strategies, according to applicable regulation.

Pedro Zinner

Chief Executive Officer and Investor Relations Officer