NOTICE TO THE MARKET

PPLA PARTICIPATIONS LTD. (new corporate name of BTG Pactual Participations Ltd.) ("Company"), further to the Material Fact press release issued on August 7, 2017 and on the Material Fact press release issued by the Company and Banco BTG Pactual S.A. (the "Bank"), on February 14, 2017 and on August 4, 2017, informs its shareholders and the market in general that, on the Special General Meeting held on this date ("SGM"), was ratified (i) the reverse stock split of Class A and Class B shares issued by the Company at a ratio of nine-to-one (the "Reverse Stock Split"), as resolved on the Company’s Board of Directors’ Meeting, held on August 4, 2017; (ii) the change of the corporate name of the Company to PPLA Participations Ltd.; and (iii) the amendment to the Company’s By-laws in order to reflect the resolutions adopted on the SGM.

As of the trading session of September 8, 2017, the Company’s units shall be listed and traded reflecting the new proportions of the Reverse Stock Split, as well as the BDRs representing shares issued by the Company will be listed reflecting the new proportions of the Reverse Stock Split, at a ratio of nine-to-one.

As a result of the Reverse Stock Split, (i) the current 259,531,855 units will be converted into 28,836,873 units, (ii) the current total amount (theoretical) of 910,309,057 units will be converted into 101.145.450 units. The composition of each unit will remain the same, it being one class A BDR (representing one class A share) and two class B BDRs (each representing one class B share)

As of the trading session of September 11, 2017, the unit and the BDRs representing shares issued by the Company will be traded under the new trading name "PPLA" and the tickers of the unit and BDRs representing shares issued by the Company will be modified from (i) unit "BBTG12" to "PPLA11" (comprised of each one Class A BDR e two Class B BDRs); (ii) BDR "BBTG36" to "PPLA36" (representing one Class A share); and (iii) BDR "BBTG35" to "PPLA35" (representing one Class B share).

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São Paulo, September 6, 2017

PPLA PARTICIPATIONS LTD.
(new corporate name of BTG Pactual Participations Ltd.)
RENATA GOMES SANTIAGO BROENN
Investor Relations Officers