CCR : Notice to the Market - Clarifications on CVM/Bovespa Enquiry

"March 16, 2017 372/2017-SAE

CCR S.A.

Attn: Mr. Arthur Piotto Filho Investor Relations Officer

Ref.: Request for clarification regarding news published in the media Dear Sirs,

The news article published by the newspaper Valor Econômico, on March 16, 2017, under the title "Concer wants provision of funds or 15-year agreement", states, among other information, that:

1. The decision not to extend Concer's agreement and initiate studies to do a new bidding process for the highway in 2021 was taken, last week, by the board of ministers of the Investment Partnership Program (IPP);

2. The same route will be adopted for the concession of Nova Dutra, which also expires in 2021 and had ongoing discussions concerning the amendment of the terms.

We have not identified this information in the documents sent by the company through the Empresas.NET System. In case of contradiction, please inform the document and the pages containing the information, as well as the date and time in which they were sent.

It should be stressed that the company should disclose periodic and eventual information and any other information relevant to the market through the Empresas.NET System, ensuring its full and immediate disclosure and the fair treatment of its investors and other market players.

We therefore request that you provide us with clarifications regarding the said news items of March 17, 2016, subject to the provisions of the sole paragraph of Article 6 of the CVM Instruction 358/02, with your confirmation or not, together with any other information deemed relevant.

The answer to this company should be sent through the IPE module by selecting the Category: Material Fact or the Category: Notice to the Market, the Type: Clarifications on CVM/Bovespa requests, and the Subject: News item published in the media, which will result in the simultaneous transmission of the file to BM&FBOVESPA and CVM. The option to answer through a Material Fact does not remove any assessment, by CVM, of the responsibility of its timely disclosure, pursuant to CVM Instruction No. 358/02.

We emphasize the obligation, described in the sole paragraph of Article 4 of CVM Instruction 358/02, to inquire the management and the controlling shareholders of the company, in order

to ascertain whether they have knowledge of any information that should be disclosed to the market.

The file to be sent should contain the transcription of the above request before the company's reply.

This request falls within the Cooperation Agreement signed by CVM and BM&FBOVESPA on December 13,2011, and its non-compliance may subject the company to the possible application of a punitive fine by CVM's Corporate Relations Head Office - SEP, according to the provisions of CVM Instruction No. 452/07.

Best regards,

Nelson Barroso Ortega

Companies Monitoring Head Office

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

c.c.: CVM - Brazilian Securities and Exchange Commission

Mr. Fernando Soares Vieira - Companies Relations Head Officer

Mr. Francisco José Bastos Santos - Market Relations and Intermediates Head Officer

CCR S.A. Corporate Taxpayer's ID (CNPJ/MF) 02.846.056/0001-97 State Registry (NIRE) 35.300.158.334 NOTICE TO THE MARKET

CCR S.A. ("CCR" or "Company") (BM&FBovespa: CCRO3; Bloomberg: CCRO3BZ; Reuters: CCRO3.SA) hereby, pursuant to the Official Letter 372/2017-SAE of BM&FBOVESPA SA - Bolsa de Valores, Mercadorias e Futuros, provides clarifications on the news published by the newspaper Valor Econômico on March 16, 2017 under the title "Concer wants provision of funds or 15-year agreement":

Concer's agreement, matter dealt with by the news article, is not part of the concessions belonging to the companies of the CCR Group. Thus, we do not have the information necessary to provide clarifications on this point.

Concerning the concession of the Concessionária Rodovia Presidente Dutra S.A. ("Nova Dutra"), subsidiary of the Company and which operates the highway BR116/RJ/SP between Rio de Janeiro - São Paulo and its due accesses, there is no additional information beyond those already known by the investors and the market in general: the term of the concession agreement, of 25 years, will end on February 28, 2021, as described in items 7.1 and 7.9 of the Company's Reference Form (version 13 -2016).

In the past, there were preliminary discussions on the possible amendment to the Nova Dutra concession's agreement to include new investments that would be rebalanced through the extension of the concession's term. These discussions did not progress and, therefore, no amendment to the concession agreement was signed, which is why there was no notice or material fact issued by the Company.

São Paulo, March 16, 2017.

CCR S.A.

ARTHUR PIOTTO FILHO

Investor Relations Officer