Proposal for Reverse Stock Split

Proposal for Reverse Stock Split

São Paulo, October 23, 2014 – Rossi Residencial S.A. (BM&FBOVESPA: RSID3; OTC: RSRZY) (“Company”), one of Brazil‘s leading property developers and builders, announces that the Board of Directors of the Company, in a meeting held today, approved the submission of the proposal for reverse split of all of the Company‘s stock, to the extraordinary shareholders‘ meeting of the Company.

Click here for the material fact.

Rodrigo Ferreira Medeiros da Silva
Chief Financial and Investor Relations Officer

Investor Relations:
Phone: +55 (11) 4058-2502
ri@rossiresidencial.com.br