Proposal to the Extraordinary General Meeting 05/29/2017
(World News Brazil)

SPECIAL SHAREHOLDERS` MEETING SHAREHOLDERS` MANUAL April 28, 2017 TABLE OF CONTENTS MESSAGE FROM THE COMPANY`S INVESTOR RELATIONS OFFICER. 2 INVITATION. 4 SPECIAL SHAREHOLDERS` MEETING... 5 INFORMATION ON THE PARTICIPATION IN THE SPECIAL SHAREHOLDERS` MEETING.....................6 EXPLANATIONS ON THE MATTERS TO BE CONSIDERED AND DISCUSSED IN THE SPECIAL SHAREHOLDERS` MEETING.... 8 CALL NOTICE FOR THE SPECIALSPECIAL SHAREHOLDERS` MEETING............... 9 MANAGEMENT`S PROPOSALS FOR THE SPECIAL SHAREHOLDERS` MEETING.............................10 ANNEX A - ACQUISITION OF CONTROL.... 12 ANNEX B - RIGHT TO WITHDRAW 18 ANNEX C - VALUATION REPORT 23 ANNEX D - MATERIAL FACTS.... 24 ANNEX E - ELECTION OF THE BOARD OF DIRECTORS´...