Companhia Brasileira de Distribuição (“CBD”) discloses hereunder communication, dated 31 December 2016 and received on 19 January 2017, from Harding Loevner, LP.

The CBD Investor Relations Department remains available to provide shareholders with any further explanation that may be required in connection with the object of this Notice to Market, through the phone number +55 (11) 3886 0421 or by the e-mail address

São Paulo, 19 January 2017.

Daniela Sabbag
Investors Relations Officer

Click here to access the Notice to the Market.