MATERIAL FACT

MATERIAL FACT

INVESTIMENTOS E PARTICIPACÕES EM INFRAESTRUTURA S.A. – INVEPAR (“INVEPAR”) and CONCESSIONÁRIA DO AEROPORTO INTERNACIONAL DE GUARULHOS S.A. (“GRU Airport”) inform their shareholders and the market in general, pursuant to paragraph 4 of Article 157 of Law 6,404, of December 15, 1976, (“Brazilian Corporate Law”) and CVM Instruction 358, of January 3, 2002, (“ICVM 358”), that the sale of ten percent (10%) of the shares issued by Aeroporto de Guarulhos Participações S.A. (“GRUPar”), originally held by INVEPAR, to Airports Company South Africa SOC Limited (“ACSA”) has been concluded.

The above-mentioned share purchase and sale transaction was disclosed to the market through Material Fact on October 5, 2015.

As a result of this transaction, the capital stock of GRUPar, the company that owns fifty-one percent (51%) of GRU Airport‘s capital stock, will be divided as follows: eighty percent (80%) held by INVEPAR and twenty percent (20%) held by ACSA.