SUL AMÉRICA S.A.

Corporate tax-payer's ID (CNPJ/MF) No. 29.978.814/0001-87

Company Registry (NIRE) 3330003299-1

CVM No. 21121

Publicly held Company with authorized capital

Notice to the Market

Pursuant to Paragraph 6 of Article 12 of CVM Rule 358/2002, Sul América S.A. ("Company") (B3: SULA11), hereby informs its shareholders and the market in general that received on December 15, 2017, the attached document from BlackRock, Inc.

Rio de Janeiro, December 18, 2017.

Ricardo Bottas Dourado dos Santos

Vice President of Controls and Investor Relations Officer

Sul América SA published this content on 18 December 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 18 December 2017 11:29:06 UTC.