3Q11 EARNINGS RELEASE SCHEDULE

São Paulo, October 17, 2011 – Grupo Pão de Açúcar [BM&FBOVESPA: PCAR4; NYSE: CBD] and Globex Utilidades S.A. [BM&FBOVESPA: GLOB3] announce their third quarter 2011 earnings release schedule.

SALES PERFORMANCE
Released on October 11, 2011

3Q11 EARNINGS
November 3, 2011
After market close

CONFERENCE CALL WITH WEBCAST
November 4, 2011
11:00 a.m. (Brasília time) | 9:00 a.m. (NY) | 01:00 p.m. (London)
Conference in English (simultaneous translation)
1 516 300-1066
Webcast: click here.
Conference in Portuguese (original language)
55 11 3127-4971
Webcast: click here.

Replay: 55 11 3127-4999
Access code for audio in English: 86024782
Access code for audio in Portuguese: 68545061
The conference call will also be available in audio format on http://www.gpari.com.br/

Please dial in five minutes prior to the scheduled conference call time.

In line with the best corporate governance practices and in order to assure fair disclosure and transparency in the 3Q11 earnings release, Grupo Pão de Açúcar and Globex Utilidades S.A. will observe a quiet period from October 20, 2011 through November 3, 2011 after the earnings release.