BM&FBOVESPA S.A. - Bolsa de Valores, Mercadorias e Futuros

Brazilian Federal Taxpayer CNPJ No.09.346.601/0001-25 Corporate Registry (NIRE) No. 35.300.351.452

MATERIAL FACT

Adjusted expense, investment and synergies guidance

BM&FBOVESPA S.A. - BOLSA DE VALORES, MERCADORIAS E FUTUROS

("BM&FBOVESPA") with reference to the Material Fact released on December 16th, 2016, hereby informs that due to the approval of the business combination with CETIP

S.A. - MERCADOS ORGANIZADOS ("CETIP") the adjusted expense and investment budgets for the year of 2017, which applied exclusively for BM&FBOVESPA, have been discontinued and the new budgets, taking into account the combined company, will be disclosed to the market through material fact, pursuant to CVM 358.

Additionally, BM&FBOVESPA expects to capture expense synergies as result of this business combination. These synergies will be gradually captured through a three years period, starting from the business combination approval, and should reach roughly R$100 million on a recurring basis at the end of this period. Any changes in the above estimative, due to progress in the integration of BM&FBOVESPA and CETIP, will be disclosed to the market through material fact.

São Paulo, March 23rd, 2017

Daniel Sonder

Chief Financial Officer

Investor Relations BM&FBOVESPA | Praça Antonio Prado, 48 - 6º floor - São Paulo - SP | Phone: +55 11 2565-4729/4418/4834/7938/4207/7770 | ri@bmfbovespa.com.br

BM&FBovespa SA published this content on 23 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 March 2017 22:09:22 UTC.