SÃO CARLOS EMPREENDIMENTOS E PARTICIPAÇÕES S.A. Corporate Taxpayer’s ID: 29.780.061/0001-09 Company Registry: 35.300.171.004 Publicly-held Company NOTICE TO THE MARKET São Paulo, November 4, 2011 - São Carlos Empreendimentos e Participações S.A. (“São Carlos”) (BM&F Bovespa: SCAR3) hereby announces that on November 3, 2011, its subsidiary Top Center Empreendimentos e Participações Ltda. signed an “Instrument for Taking Possession and Other Covenants”, to formalize the delivery of the Jauaperi building (tower D) at Centro Administrativo Rio Negro, located in Barueri (SP), to Tamisa Empreendimentos e Participações Ltda. (“Tamisa”). São Carlos sold the building to Tamisa on December 10, 2010 and announced the transaction to the market through a material fact published on the same date. São Carlos, through its subsidiary, continues to own two office towers and the parking deck in the Centro Administrativo Rio Negro. Fabio Russo Correa Chief Financial and Investor Relations Officer