Notice to Shareholders -
Conclusion of B&A Mineração S.A. Operation

Rio de Janeiro, September 11, 2012 - BTG PACTUAL PARTICIPATIONS LTD informs its shareholders and the market in general, as an addendum to the material fact released on July 12, 2012 that through its indirect subsidiary, BPMB II Participações S.A., concluded the partnership with AGN Agroindustrial, Projetos e Participações Ltda., a company owned by Mr. Roger Agnelli, to jointly explore investment opportunities in the mining sector by means of a new company referred to as B&A Mineração S.A., focused on Brazil, Latin America and Africa ("Partnership").

To access the full version click here.

Investor Relations Department
Email: ri@btgpactual.com
Phone: +55 (11) 3383-2000
Fax: +55 (11) 3383-2001