Companhia Brasileira de Distribuição (“Company”), pursuant to Law no. 6404/76 and CVM Rule 358/02, in addition to the Notice of Material Fact released on February 18th, 2016, hereby informs its shareholders and the market about the acceptance of the request for suspensive effect submitted by the Company in its appeal to the decision contained in the CVM Notice No. 19/2016-CVM/SEP/GEA-5, which determined the restatement of the Company’s financial statements and DFP (year-end information) and ITR (quarterly information) forms and for the fiscal year of 2013 onwards, as result of the impacts of the accounting treatment of two corporate transactions carried out by its controlled company, Via Varejo S.A., in 2013.
The Company will keep its shareholders and the market duly informed as soon as the Brazilian Securities Commission (Comissão de Valores Mobiliários) decides on the merits of the appeal filed by the Company.

São Paulo, March 7th, 2016.

Daniela Sabbag
Investor Relations Officer