BR Properties SA repurchased 1,115,100 common shares at an average purchase price of 9.25 reais per share under its share buyback program.

The shares bought back at the prevalent market price on the respective dates of repurchase will be kept in treasury. They may also be delivered to the beneficiaries of the stock option plan or the restricted stock plan.

As of Oct. 4, US$1 was equivalent to 3.13 Brazilian reais.