4Q11 Earnings Release Schedule

4Q11 EARNINGS RELEASE SCHEDULE

São Paulo, January 11^th, 2012 – Grupo Pão de Açúcar [BM&FBOVESPA: PCAR4; NYSE: CBD] and Globex Utilidades S.A. [BM&FBOVESPA: GLOB3] announce their fourth quarter 2011 (4Q11) earnings release schedule.

SALES PERFORMANCE
January 12^th, 2012

4Q11 EARNINGS
February 16^th, 2012
After market close

CONFERENCE CALL WITH WEBCAST
February 17^th, 2012
11:00 a.m. (Brasília time) | 8:00 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: 86189134
Access code for audio in Portuguese: 98423832
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 4Q11 earnings release, Grupo Pão de Açúcar and Globex Utilidades S.A. will observe a quiet period from February 2^nd, 2012 through February 16^th, 2012 after the earnings release.