BRASIL INSURANCE PARTICIPAÇÕES E ADMINISTRAÇÃO S.A., a publicly-held company, headquartered in the City and State of São Paulo, at Alameda Santos, n º 1.787, 5th floor, Cerqueira Cesar, CEP: 01419-002, enrolled with the CNPJ under No. 11.721.921/0001- 60, in accordance to the recent news published by Revista Exame on 05.06.2014, under the title "Gavea negocia compra da Brasil Insurance", hereby inform to its shareholders and the market in general that: (i) is not aware of the source of information published, (ii) is not aware of any negotiations between any investment fund and Company‘s shareholders related to the purchase of the Company‘s shares, and also (iii) that the focus of the Brasil Insurance management is, as previously announced, to continue the integration process that is currently under implementation.

São Paulo, June 6, 2014

Miguel Longo Junior
Chief Financial and Investor Relations Officer

Investor Relations
Tel.: +55 11 3175-2900