7.0%

10.3%

7.7%

10.0% 9.7% 9.5% 9.4%7.4%

8.8%

5.7%7.7% 8.0%

9.3%

12.0%

6.6%9.4%

7.5% 8.3% 8.2% 8.1% 8.5%6.8% 8.1%

5.8%8.4% 7.6% 8.3% 9.4%

1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14

SAS SSS

SAME AREA SALES (SAS) UP 12.0% AND TOTAL SALES 15.2%

IN MULTIPLAN SHOPPING CENTERS

PRESS RELEASE

Rio de Janeiro, July 10, 2014 – Multiplan Empreendimentos Imobiliários S.A. (BM&FBOVESPA: MULT3)

announces its preliminary second quarter 2014 sales performance.

Same Area Sales (SAS) and Same Store Sales (SSS)

Same Area Sales (SAS) presented an 12.0% increase, and Same Store Sales (SSS) increased 9.4% compared to

2Q13, as a result of the improved tenant mix in the period. SAS and SSS recorded the highest growth in the last 14

quarters as shown in the chart below.

Same Store Sales (SSS) – 2Q14

Segment Anchors Satellites Total

Food Court & Gourmet Area - ▲19.2% ▲19.2%

Apparel ▲8.0% ▲6.6% ▲6.9%

Home & Office ▲9.7% ▲7.2% ▲8.1%

Miscellaneous ▲6.7% ▲14.0% ▲11.8%

Services ▲5.2% ▼0.8% ▲1.5%

Total ▲8.0% ▲9.7% ▲9.4%

SSS breakdown per segment – 2Q14

The SSS per segment table below shows the positive performance of sales, especially for the Food Court and

Gourmet Area, with a 19.2% increase, and Miscellaneous, up by 11.8%. The evolution per type of store, anchors and

satellites, presented an increase of 430 basis points compared to 2Q13, for satellites, and 170 basis points for

anchors.

Anchor and Satellite stores’ Evolution

2Q14 PRELIMINARY OPERATIONAL DATA

6.3%

6.8%

8.0%

5.8%

8.0%

5.4%

8.7%

7.2%

8.7%

9.7%

2Q13 3Q13 4Q13 1Q14 2Q14

Anchor stores Satellite stores

IR – MultiplanTel: 55 21 3031-5200 Fax: 55 21 3031-5322

Address: Av. das Américas, 4.200Bloco 2 - Sala 501 DuplexBarra da Tijuca - Rio de Janeiro CEP: 22640-102

E - m a i l : i r @ mu l t i p l a n . c o m .b r W e b s i t e : w w w . m u l t i p l a n . c o m . b r / i r 1/2

7.8%8.4%

8.7%9.1%

9.6%

10.8%

1Q13 2Q13 3Q13 4Q13 1Q14 2Q14

5.5 B6.7 B

7.9 B9.0 B

10.5 B

12.0 B

Jun/09(LTM)

Jun/10(LTM)

Jun/11(LTM)

Jun/12(LTM)

Jun/13(LTM)

Jun/14(LTM)

+14.2%CAGR: +16.7%

Sales of three shopping centers opened in 4Q12, as a

percentage of total sales (%)

Armando d’Almeida Neto

Vice President and IRO

Total Sales (R$) – Quarterly Evolution Total sales (R$) – 12 months evolution

Total sales in 2Q14 in the 18 Multiplan shopping centers reached R$3.0 billion, up 15.2% when compared to

the same period in the previous year. Total sales in the last twelve months (LTM) was R$12.0 billion,

reflecting the 14.2% growth compared to the prior LTM. The compounded average growth rate (CAGR) in

the last five years reached the mark of 16.4% when comparing quarter over quarter, and 16.7% in the LTM

comparison.

The occupancy rate of 98.4% remained in line with the first quarter of 2014, and was 80 basis points

higher than in 2Q13 reaching 97.6%.

The growth in sales in the consolidated shopping centers had highlights such as RibeirãoShopping, with an

increase of 20.4%, MorumbiShopping, with 16.5%, DiamondMall, with 12.9%, and ParkShopping with

10.7%. Among the new shopping centers opened in the fourth quarter of 2012, VillageMall,

ParkShoppingCampoGrande and JundiaíShopping, the best performance comes from VillageMall, with a

growth of 91.8%, almost doubling its sales over those of the second quarter of the previous year, followed

by JundiaíShopping, with 28.6%, and ParkShoppingCampoGrande, with 22,4%. The chart below shows the

consistent consolidation process of these three new shopping centers, increasing the relative contribution of

these shoppings to total sales from 7.8% in 1Q13 up to 10.8% in 2Q14.

1.4 B1.7 B

2.0 B2.3 B

2.6 B

3.0 B

2Q09 2Q10 2Q11 2Q12 2Q13 2Q14

+15.2%

CAGR: +16.4%

IR – MultiplanTel: 55 21 3031-5200 Fax: 55 21 3031-5322

Address: Av. das Américas, 4.200Bloco 2 - Sala 501 DuplexBarra da Tijuca - Rio de Janeiro CEP: 22640-102

E - m a i l : i r @ mu l t i p l a n . c o m .b r W e b s i t e : w w w . m u l t i p l a n . c o m . b r / i r

Disclaimer: The information included in this report are preliminary and can be modified without previous notice. The company has no obligation to update or review said

information. Readers/investors should be aware that many factors may mean that our future results differ from the information in this document. The reader/investor is

encouraged not to make their investment decision based only on the information above.

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