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BR MALLS Increases its Ownership Interest Shopping Piracicaba

Distributed by Press Release

RIO DE JANEIRO, Brazil (Map) - RIO DE JANEIRO, Brazil, July 23 /PRNewswire-FirstCall/ -- BRMALLS Participacoes S.A. (Bovespa: BRML3), the largest integrated shopping mall company in Brazil, hereby announces the acquisition, through one of its subsidiaries, of a 5.7% ownership interest in Shopping Piracicaba, increasing its total interest to 19.0%.

Shopping Piracicaba is a mall located in the city of Piracicaba, state of Sao Paulo with 27,806 m2 in Total GLA, 152 stores and 2,000 parking spaces.

After the above mentioned acquisition, BRMALLS increased its owned GLA from 427.5 thousand m2 to 429.1 thousand m2, holding ownership interest in 34 Shopping Malls, and maintaining a total GLA of 985.2 thousand m2.

    Should you have further questions, please contact the IR Department:
    Leandro Bousquet Viana
    CFO and IRO
    Renata Motta
    IR Manager
    Antonio Quirino
    IR Analyst
    Tel.: (55 21) 3138-9900
    Fax: (55 21) 3138-9901
    E-mail: ri@brmalls.com.br

About BRMALLS

BRMALLS Participacoes S.A is the largest integrated shopping mall company in Brazil, with a portfolio of 34 malls, comprising 985.2 thousand m2 of gross leasable area (GLA) and 429.1 thousand m2 of owned GLA. BRMALLS is the only shopping mall company in Brazil with a nationwide presence and caters to all income segments.

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