Banco Pan S.A.
Banco BTG Pactual S.A.
CAIXA Participações S.A.
Publicly-held company
Publicly-held company
Publicly-held company
Corporate Taxpayer’s ID (CNPJ/MF)
Corporate Taxpayer’s ID (CNPJ/MF)
Corporate Taxpayer’s ID
59.285.411/0001-13
30.306.294/0001-45
(CNPJ/MF) 30.306.294/0001-45
Company Registry (NIRE)
Company Registry (NIRE)
Company Registry (NIRE)
35.300.012.879
33.300.000.402
53.300.010.277
Av. Paulista, nº 1374, 12º andar
Praia de Botafogo, nº 501, 6º andar
Setor de Autarquias Sul, Quadra 5,
São Paulo, SP
Rio de Janeiro, RJ
Bloco A, Térreo, Lotes 9/10
Brasília, DF
NOTICE TO THE MARKET
Banco Pan S.A. ("Banco Pan"), Banco BTG Pactual S.A. ("BTG Pactual") and Caixa Participações S.A. CAIXAPAR ("Caixapar"), pursuant to CVM Rule 358/02, as amended, and complementing the Material
Facts disclosed by Banco Pan on June 13, 2014, and by Banco Pan, BTG Pactual and Caixapar on August
21, 2014, hereby inform their shareholders and the market in general that, having been granted all
necessary and applicable regulatory approvals, including the approval from Brazil's Central Bank, and
having been verified compliance with the respective conditions precedent, it have been concluded, on
this date, the transactions envisaged in the purchase and sale agreements through which Banco Pan sold
(i) its 100% interest in Pan Seguros S.A. ("Pan Seguros") to BTG Pactual Seguradora S.A., and (ii) its 100%
interest in Panamericano Administração e Corretagem de Seguros e de Previdência Privada Ltda. (“Pan
Corretora”) to BTG Pactual and Caixapar ("Transactions"). As included in the above-mentioned Material
Facts, Caixapar, within the scope of the Transactions, has protected its right to maintain its current
condition as co-controlling shareholder of Pan Seguros.
As a result of the conclusion of the Transactions, Banco Pan is no longer a shareholder of Pan Seguros and
Pan Corretora.
The Investor Relations departments of Banco Pan and BTG Pactual remain at your disposal for any further
clarifications deemed as necessary.
São Paulo, December 29, 2014.
Eduardo Nogueira Domeque
João Marcello Dantas Leite
Carlos Magno Gonçalves da Cruz
CFO and IRO
of Banco Pan S.A.
Investor Relations
of Banco BTG Pactual S.A.
General Officer
of Caixa Participações S.A.