Magazine Luiza : Sixth Issue of Debentures (Material Fact)

0b7effd5-a698-4342-92bc-5f454787b5f9.pdf MAGAZINE LUIZA S.A. Publicly-Held Company

CORPORATE TAXPAYER ID (CNPJ/MF): 47.960.950/0001-21 COMPANY REGISTRY (NIRE): 35.3.0010481.1

MATERIAL FACT 6th Issue of Debentures Magazine Luiza S.A. ("Company"), pursuant to article 157, paragraph four of Law 6404 of December 15, 1976, as amended, and CVM Instruction 358 of January 3 of 2002, as amended, informs its shareholders and the market in general that, on June 6, 2016, the Company's Board of Directors approved its sixth issue of unsecured non-convertible debentures, with additional security interest, in a single series ("Issue" and "Debentures", respectively) for public distribution with restricted placement efforts, in compliance with CVM Instruction 476 of January 16, 2009, as amended ("CVM Instruction 476" and "Restricted Offering", respectively). The Company will issue ten thousand (10,000) Debentures at a nominal unit cost of ten thousand reais (R$10,000.00), totaling one hundred million reais (R$100,000,000.00) on the Issue Date (as defined below).

For all legal purposes, the issue date of the Debentures will be June 20, 2016 ("Issue Date"). The Debentures will be issued in a single series and (i) will have a two-year term as of the Issue Date; (ii) will not have their unit value restated; and (iii) will earn interest calculated from the Issue Date, equivalent to 125.20% (one hundred and twenty five point twenty percent) of the accumulated variation of the average daily one-day over extra grupo interbank deposit rate as an annual percentage based on a year of two hundred and fifty-two business days, calculated and disclosed on a daily basis by CETIP S.A. - Mercados Organizados ("DI Rate").

The proceeds will be allocated to (i) anticipated rescue or optional acquisition of all debentures of the 3th issue of debentures, and (ii) recomposition of the Company's cash balance.

The Restricted Offering will be automatically exempt from registration as a public offering with the CVM, pursuant to article 6 o f CVM Instruction 476.

This material fact is exclusively informative in nature, in accordance with the prevailing legislation, and should not be construed as an offer to sell the Debentures.

São Paulo, June 07, 2016.

Roberto Bellissimo Rodrigues

Chief Financial and Investor Relations Officer