MULTIPLAN EMPREENDIMENTOS IMOBILIRIOS S.A.

Publicly-held Company
CNPJ/MF No. 07.816.890/0001-53
NIRE No. 33.3.0027840-1


NOTICE TO THE MARKET

3
rd
(third) Issuance of Debentures by the Company

MULTIPLAN EMPREENDIMENTOS IMOBILIRIOS S.A. ("Company") hereby gives
notice to its shareholders and the market in general that the Board of Directors'
Meeting held on August 29
th
, 2014 approved the 3
rd
issuance, in a single tranche, of
non-convertible unsecured debentures, that shall be placed in a public offering with
restricted placement efforts, pursuant to Instruction No. 476, enacted by CVM on
January 16, 2009, as amended (Issuance and "Offering").

The Issuance will be of 40,000 (forty thousand) non-convertible unsecured debentures,
in a single tranche, with nominal value of R$10,000.00 each (ten thousand reais) ("Par
Value"), totaling an amount equivalent to R$400,000,000.00 (four hundred million
reais) on the Date of Issuance (as defined below). The date of issuance of the
Debentures shall be October 15, 2014 ("Date of Issuance") and the term of the
Debentures shall be 6 (six) years as from the Date of Issuance, falling due, therefore,
on October 15, 2020 ("Maturity Date").

The outstanding balance of the Par Value of each of the Debentures shall be subject to
interest equivalent to 100% (one hundred percent) of accumulated variation of daily
average rates of the Interbank Deposits DI (DI Depsitos Interfinanceiros) for one
day, over extra-group, denominated in percentage form per annum, based on 252 (two
hundred and fifty-two) business days, calculated and disclosed daily by CETIP S.A.
Mercados Organizados in its daily report available at its website
(http://www.cetip.com.br) ("DI Rate"), plus the spread or surplus equivalent to a certain
percentage per annum, to be defined in accordance with the bookbuilding procedure
and, in any circumstance, limited to 1.00% (one percent) per annum, based on 252
(two hundred and fifty-two) business days ("Surtax" and, together with the DI Rate, the
"Interest"). The Interest shall be paid on a semiannual basis as from the Date of
Issuance, on the 15
th
day of the months of April and October of each year, with the first
installment due on April 15
th
, 2015 and the last installment due on the Maturity Date.


The Companys net proceeds resulting from the Issuance shall be used to (i) the early
redemption of all of the unsecured, non-convertible debentures, in a single tranche, of
the second issuance by the Company; and (ii) the balance, to the payment of general
expenses and short and long-term debt and/or increase of the working capital to the
benefit of the Company and/or its subsidiaries.

Rio de Janeiro, August 29
th
, 2014.


Armando dAlmeida Neto
Vice President and Investor Relations Officer