MAGAZINE LUIZA S.A. Publicly-Held Company

Corporate Taxpayer's ID (CNPJ/MF): 47.960.950/0001-21

Company Registry (NIRE): 35.3.0010481.1

NOTICE TO THE MARKET

Magazine Luiza S.A ("Company") hereby informs its shareholders and the market in general that the Board of Directors' Meeting on this date, approved the distribution of interest on equity (IOE) totaling fourteen million reais (R$14,000,000.00), corresponding to R$0.07817 per share (the value per share is subject to change up to the payment date base due to the variation of treasury shares balance).
The payment will take place within thirty (30) days as of the effective date of the 2015 Annual Shareholders' Meeting. The calculation will be based on shareholding positions at the close of trading on January 14, 2015 and the Company's shares will be traded ex-interest-on-equity as of January 15, 2015.
Payment will be effected at the net amount, after deducting withholding income tax in accordance with the prevailing legislation, except in the case of shareholders who are exempt from this tax and who present documented proof of said status to the Company by March 31, 2015.

About Magazine Luiza

Magazine Luiza is one of the largest retail chains focused on durable goods, actively engaged in serving Brazil's low income segment. On December 30, 2014, the Company had more than 24 thousand employees, a base of approximately 38 million customers, and operated 756 stores and eight distribution centers strategically located in 16 Brazilian states, whose economies account for 75% of Brazil's GDP.
São Paulo, December 30, 2014.

Roberto Bellissimo Rodrigues

Investor Relations Officer

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