Notice to the Market: Significant acquisition of shares by the controlling shareholder
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Notice to the Market
 
Significant acquisition of shares by the controlling shareholder
 
MMX Mineração e Metálicos S.A. ("MMX"), the only Brazilian iron-ore mining company with fully integrated logistics listed on the Novo Mercado segment of the BM&FBovespa exchange, hereby informs its shareholders and the market in general that, pursuant to article 12 of CVM Instruction 358/02, it has received today the attached formal communication sent by Mr. Eike Batista (the “Communication”).
 
The Communication informs that MMX’s controlling shareholder, Mr. Eike Batista, has directly and indirectly acquired 31,263,700 common shares of MMX in the secondary market of BM&FBovespa, increasing the total number of outstanding common shares he owns in the company from 258,473,597 to 289,737,297 common shares.  Mr. Eike Batista’s consolidated equity ownership in MMX has therefore increased to 46.41% of MMX’s total capital stock.
 
MMX is confident this movement crystalizes even further Mr. Eike Batista’s confidence in the prospects of the world-wide iron ore market and namely in MMX’s fundamentals.  A cash deployment of this magnitude in MMX’s shares also demonstrates his willingness to have a continued exposure to the potential consolidation in the Serra Azul region in Minas Gerais, not to mention leveraging out of the uniqueness of the Sudeste Super Port.
 
 
Rio de Janeiro, October 22th, 2012.
 
Guilherme Frederico Escalhão
CEO and Investor Relations Officer
MMX Mineração e Metálicos S.A.
 
 
 
To access the notification click here
 
 
 
About MMX
MMX, Eike Batista’s EBX Group mining company, was created in 2005. With two systems in operation – the Sudeste System, in Minas Gerais, and the Corumbá System, in Mato Grosso do Sul – MMX has installed capacity to produce 10.8 million tons of iron ore per year. MMX is also present in Rio de Janeiro, with the Sudeste Superport, which is being built in Sepetiba Bay. MMX also owns iron ore mining rights in Chile and in Bom Sucesso (MG). The goal of the company is to increase its installed capacity to more than 40 million tons of iron ore per year. Currently, MMX’s main investment is the expansion of the Serra Azul Unit (MG). In an area adjacent to its operations in Serra Azul, MMX intends to operate, in the future, the Pau de Vinho Mine, which should produce 8 million tons of iron ore per year. For further information, visit the site at: http://www.mmx.com.br/ri. 
 
Contacts:
Investors: Adriana Marques   +55 21 2163 6197
                  Daniella Maia +55 21 2163 4366
                  ri@mmx.com.br  
 
Media: Rachel Porfirio + 55 31 3516 7512
             Juliana Campos + 55 31 3516 7542
 
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