BRMALLS Increases Its Ownership Interest in Piracicaba Shopping

RIO DE JANEIRO, Brazil, June 4 /PRNewswire-FirstCall/ -- BRMALLS
Participacoes S.A. (Bovespa: BRML3), the largest integrated shopping mall
company in Brazil, hereby announces the acquisition, through one of its
subsidiaries, of a 1.9% ownership interest in Shopping Piracicaba,
increasing its total interest to 13.4%.

Shopping Piracicaba is a mall located in the city of Piracicaba, state
of Sao Paulo, with 27,806 square meters in Total GLA, 152 stores and 2,000
parking spaces.

After the above mentioned acquisition, BRMALLS increased its owned GLA
from 413.0 thousand square meters to 413.5 thousand square meters, holding
ownership interest in 32 Shopping Malls, and maintaining a total GLA of
941.5 thousand square meters.



Should you have further questions, please contact the IR Department:

Leandro Bousquet Viana
CFO and IRO

Renata Motta
IR Manager

Antonio Quirino
IR Analyst
Tel.: (55 21) 3138-9900
Fax: (55 21) 3138-9901
E-mail: ri@brmalls.com.br
About BRMALLS

BRMALLS Participacoes S.A is the largest integrated shopping mall
company in Brazil, with a portfolio of 32 malls, comprising 941.5 thousand
square meters of gross leasable area (GLA) and 413.5 thousand square meters
of owned GLA. BRMALLS is the only shopping mall company in Brazil with a
nationwide presence and caters to all income segments.




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[Via Real Estate Newswire]